Kennedy plan to liberalize tax write offs shocks industry
The Kennedy administration announced imminent liberalization of depreciation deductions aimed at boosting business. Treasury Secretary Dillon said changes will take effect by July or in the 1962 tax year, with broader classes replacing the old 20 year Bulletin F system.
MENTIONED IN THIS ARTICLE
Hot Springs
Kennedy
Business Council
Roger M. Blough
U.S. Steel Corp
Big Steel
Treasury
Douglas Dillon
Dillon
Washington
Henry H. Fowler
Fowler
U.S
Congress
Thorn ton academy names new head baseball coach
Thorn ton academy announces the resignation of Robert Flynn as head baseball coach and replaces him with Philip E. Curtis of Cape Elizabeth. Curtis, a University of Maine graduate, will coach and teach mathematics while pursuing a master’s in mathematics.
MENTIONED IN THIS ARTICLE
Robert Flynn
Thornton Academy
Robert Bowie
Flynn
Philip E. Curtis
Cape Izabeth
Bowie
Lewiston
Curtis
University of Maine
Black Bears
Monmouth Academy
Jack Butterfield
Maine
Three Maine Women Die As Cars Crash
On Route 196 near Lisbon Falls, three women died in a two car collision with one injured. Frances Lund 25 of Lisbon Falls Elizabeth Breton 23 of Topsham Geraldine Hamilton 29 of Durham died at the scene. Nancy Ham 25 of Lisbon Falls was hospitalized in fair condition with head injuries and leg lacerations.
MENTIONED IN THIS ARTICLE
Topsham
Lisbon Falls
Frances Lund
Elizabeth Breton
Geraldine Hamilton
Durham
Nancy Ham
Lewiston
Hamilton
Vaccine For Colds Seen On Horizon
Chicago AP reports medical researchers say progress toward a cold vaccine is advancing. A Philadelphia study links coryza virus to many cold cases and notes combining this with other viruses could guide vaccine strain selection to curb respiratory illnesses.
MENTIONED IN THIS ARTICLE
Chicago
Journal of the American Medical Association
Philadelphia
Four Year Old Preble Found Unharmed Near Home
A search party of about 200 people plus a helicopter from Dow Air Force Base found four year old Elwyn Preble Jr. unharmed in swampy woods about six hours after he vanished from his home in Palmyra. The search followed his disappearance Thursday night.
MENTIONED IN THIS ARTICLE
Tot
Palmyra
Elwyn Preble Jr
Dow Air Force Base
Catholic School Courses Back Indoctrination Says Report
A 100 page report for the National Council of Churches found Roman Catholic school courses in mathematics science and languages permeated with religious indoctrination. It argues parochial schools should not receive federal aid and cites textbooks stressing Catholic parish life vocations saints and Catholic culture across elementary and higher levels reading and vocabulary.
MENTIONED IN THIS ARTICLE
New York
National Council of Churches
George R. la Noue
Council
Department of Religious Liberty
Maine Democrats Gather For State Convention
Delegates arrive in Waterville for Maine Democratic biennial convention as Sen. Edmund S Muskie polishes the platform with a focus on specific Maine needs including transportation and rail. Keystage to be delivered by Muskie with floor amendments possible. GOP amendments rejected for late filing amid a schedule of speakers from Rhode Island and Maine.
MENTIONED IN THIS ARTICLE
Waterville
Edmund S. Muskie
Muskie
Maine
John O. Pastor
Rhode Island
Oregon
Maurine B. Neunberger
Frank M. Coffin
Wil
Boy Stock Trader Blames JFK For Market Decline
Tulsa AP report profiles 12 figure Pete Harpster a sixth grader who trades stocks since age eight. He blames President Kennedy for the slide in the Dow Jones average while admitting losses and waiting for a recovery with broker guidance and parental oversight.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Pete Harpster
Pete
el Paso Natural Gas Co
Kennedy
Disenchanted Americans Back From Russian Trip
David Paul Johnson a 32 year old Philadelphia railroad timekeeper returned with his wife and 4 year old twins from a month in Russia. He called the experience an exceptionally tragic mistake and said Russians are ill fed and poorly housed. He added he never joined the Communist party but warned homegrown Communists to see Russia first. He hoped to piece together a home life and get back home as soon as possible.
MENTIONED IN THIS ARTICLE
New York
David Paul Johnson
Philadelphia
Russia
Johnson
London
United States
Idlewild
Soviet Union
Laser light engine eyed for anti missile use
Huntsville report outlines Army Redstone Arsenal research into the Laser. The system uses a synthetic ruby rod and stimulated emission to produce a coherent beam that could neutralize enemy missiles within about two decades.
MENTIONED IN THIS ARTICLE
Huntsville
Ala
Redstone Arsenal
Army Ordnance Missile Command
Redstone
William B. McKnight
McKnight
Also Mentioned on This Page
St. Mary Associates
St. Mary School
Leo Joncas
Frank Carey
Raynald Goulet
Richard Gradone
Walter Nelson
John Barrett
Leo Montpas
Francis Murphy
Rudolph Bergeron
John Staples
Paul Garnache
Sr. Bernardus
Fernand Cadorette
Women's Fellowship
Saco First Parish
Notre Dame Hospital
Donald Nicknair
OFM
St. Francis College
Angela Gilman
Thomas Anton
Sister Vezina
Saco
Grange Hall
North Street
Saco Osteopathic Hospital
Gen
Fea, Corp
JFK
Inegal
Buck Rogers
Missile Command
Sweetser School
Frances Mello
Gorham State Teachers College
Sandra Otis
Debbie Tarbox
Deborah Larose
Earleen Cote
Carolee Cushman
Michael Coito
William Em
Mons
Norman Means
Leon Bouchard
Sangillo
Mello
Nielson
Ira Russell
Rangers
Lee
Harper Grain CO
Pepperell Square
Saco Garden & Lawn Fertilizer
Fasgro and Bulk Seeds
Hamilton Beach
Universal Mixette
Emerson Portable TV
Main Street
Biddeford
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