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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Oct 02, 1962
Page
4
Matthew Wren offers reflections on current events and public concerns in a concise editorial note. The piece surveys civic issues, press commentary, and the role of informed citizenry in shaping community discourse.
Panama faces renewed tensions after a United Nations attack by Panama's foreign minister Galileo Solis denounces the 1903 canal treaty as humiliating and unjust. The piece notes longstanding U S control over the canal Zone, rising Panamanian nationalism, flag displays, and prospects of a future by pass with an international cooperative canal possibly under foreign auspices.
The National Chamber's Insurance Committee in Washington adopted a plan from a subcommittee urging broad industry involvement. It calls for meetings with insurance association executives to plan a company public affairs program and regional seminars, plus joint efforts to promote Economic Discussion groups, the Freedom vs. Communism course and Practical Politics programs through local chambers of commerce.
The American Economy course, the first economics class televised for college credit, is airing across more than 200 CBS and educational stations with over 400 colleges granting graduate and undergraduate credit. Chambers of commerce promoted the program four months in advance, urging school boards to schedule broadcasts when teachers could view, aiming to boost economics education nationwide.
A 189 page report by the Comptroller of the Currency James Saxon presents a comprehensive blueprint from a 24 member committee of national bankers. It outlines relations with the Federal Reserve Board FDIC and SEC covering bank examination capital corporate procedures the Federal Reserve system taxes and other matters. If adopted the recommendations would grant bankers greater latitude to invest and lend using their own capital funds. This summary notes the optimistic closing remark about friendliness.
Washington news digest traces the Cuba resolution’s rocky path from April 1961 White Paper through Kennedy administration briefings and Dirksen’s Senate recitations. It notes shifting positions, calls for Formosa-style action, and the final adoption as a political maneuver amid Cuba arms shipments and the Eisenhower era.
In this column Boyle argues education should teach practical life skills rather than cramming culture. He mocks modern schooling for neglecting how to handle real tasks like filling government forms dealing with women standing in lines using credit cards and finding a parking space. He urges instruction in daily competencies to improve civilized living.
The Hal Roach Studio in Culver City, a 14.5 acre complex with 53 buildings, tops the list of assets to be auctioned October 19 to the highest bidder with a minimum bid of 1.5 million. The studio, famed for Our Gang and Laurel and Hardy, shifted to television and features before creditors cut lights four years ago.
A commemorative stamp honoring the late Dag Hammarskjold will go on sale October 23 in New York City. Hammarskjold died in a plane crash a year ago while on a United Nations peace mission in Africa.
Publication details for the Biddeford Maine Daily Except Sunday note publishers editors and office phone numbers. Subscription rates are listed: one month 1.85 six months 10.50 and one year 21.00. The paper is a member of the Associated Press and pays second class postage.
Western Europe and Japan have grown faster partly due to U S tax structure. A First National City Bank analysis shows 1960 federal taxes reached 85 percent of total receipts from income, payroll and capital taxes, with only 15 percent from excise and consumption taxes, implying a drag on investment and industrial progress. The piece also notes global competition and potential shifts toward sales taxes amid opposition.
Crossword clues list with partial fills and multilingual hints for a 51 letter theme. Includes numbers 51 52 55 59 62 63 64 and fragmented words such as Noble, Soprano, sea Ger, Der Freischutz heroine, Hebrew calendar March and Mongolian desert, as well as French Africa and cliff nest terms.
Ruth Willett argues women could win support for regular 100 mile pauses on cross country trips to let engines and tires cool and drivers relax. The piece notes men resist stops for comfort but may accept stopping to protect the vehicle. It suggests promoting cooling stops to appeal to male drivers.
Paul Harvey argues that wealth dominates contemporary elections as millionaires replace the traditional log cabin myth. He notes rising moneyed candidacies in New York and Massachusetts, the South shifting GOP power, and warns that money breeds power hunger and centralized authority, while praising and critiquing the rise of rich men in public life.
A poem recalls a night when death entered as a welcome friend not a stranger. The narrator senses a presence and then death arrives silently with quickened feet, unshod, and is named as Winifred Kathleen Powers of Elm Street Biddeford.
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