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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Sep 19, 1964
Page
4
Thought for evening commentary reflects on Walpole’s views that the world seems comic to thinkers yet tragic to the sensitive, inviting readers to weigh philosophy against feeling in current affairs.
As 1964 65 opens the nation educates a record 52.9 million students while NEA estimates a need for 210000 new teachers this year. The shortage may persist into the next decade though surpluses could arrive by 1975 for high school teachers. Recruits include older adults shifting to teaching as a second career, veterans, and married women. These second career teachers bring dedication, experience, and real world background, with many entering via evening study and special programs. The profession and children benefit from their zeal and mature idealism.
Washington Correspondent Ray Cromley reports that new automation and planning methods in the U S auto industry promise milder future recessions. Long range computer forecasts, modular Tinkertoy machines, rapid model changes, interchangeable production lines, and advanced order processing could trim inventories, cut layoffs, and level production cycles across industries over time.
The Population Reference Bureau reports a surge in 17 year olds born in 1947 rising from 43 million to 70 million today. One quarter have dropped out, a third of boys face military rejection after 18, and 12 percent of girls are married. Projections foretell 6.5 million births annually by 1980 and a population near 360 million by 2000.
The Hall of Science at the 1964 World’s Fair in Flushing Meadow New York is a 7.6 million building intended as a temporary bridge to a permanent Museum of Science and Industry. Mayor Wagner says it will display scientific achievements for the lay public and for youth education, linking science to daily life.
American industry continues to raise output and plans to expand capacity. Industrial production rose for 12 straight months with 11 monthly records. output 6 percent higher than a year ago and 33 percent above the 1957 59 average. Manufacturing sales up 6 percent, profits up 17 percent, margins at 5.5 cents per dollar. Factory employment rose to 17.5 million, weekly earnings at $103, up 4.5 percent. Record sales and profits bolster plans for more capacity and higher production to meet demand.
Babson Park Mass voices strong views on stock market futures with Dow Jones as key measure. He notes index adjustments, compares Dow with Standard & Poor’s, and advises a diversified split of one third bonds one third stocks and one third cash. He highlights American News Company as a bondlike stock and urges prudent, balanced investing amid rising stock prices and falling bond prices.
Paul Harvey compares political optimism to drinking and warns that borrowed money fuels a ruinous boom. He cites Professor Gilfilan’s theory that ancient Rome fell from lead poisoning and excess, then echoes Billy Graham on debt and responsibility as voters face an election.
Letter-writer Marion Banks condemns liberal critics and the Democratic Party, arguing a 1964 election choice will determine the nation’s fate, accusing liberals of fostering communism and socialism while praising stock tips and financial cautions.
Publisher William Jovanovich, president of Harcourt Brace & World, discusses trade books text books reference and subscription books reprints and educational tests. He comments on the role of publishing in education and hints at abroad publishing problems and public financing of publishers.
Biddeford Maine newspaper page notes daily publication except Sundays. It lists address Adams Street 11 and staff including publisher W Paul Casavant and editor E P Ingalls. Subscription rates show one month 1.85 six months 10.50 and one year 21.00. Associated Press member notice appears.
Readers vote in a summer survey on the newspaper puzzle. The Biddeford-Saco Journal invites ballots through September 19 to choose between the toughie and the softie crossword. Ballots should be mailed to the Puzzle Editor at 11 Adams Street Biddeford Maine.
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