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Newspaper
Cameron Herald
Location
Cameron, Texas, United States of America
Date
Jan 08, 1973
Page
2
Entered as second class matter at the Post Office in Cameron Texas under the act of March 1 1879. Published every Monday and Thursday. Annual subscription rates Milam trade area 6.60 Elsewhere 7.50.
Milam County reports 1972 rainfall of 33.16 inches, near normal, with December at 0.87 inch. The moisture aided agriculture despite prior droughts and falling cotton prices. Next year Cameron will lose its cotton gin, marking a significant shift in local farming.
Healthier than most Milam County records a 58 percent after tax personal income gain from 1967 to 1972. Counties totals rose from 37.689 million to 59.705 million, outpacing the national 48 percent rise. Inflation, payroll growth at Aleca, higher wages, and stronger business profits drive the shift. retail sales also climbed about 10 percent to 30.8 million. The county remains strongly agribusiness and industrial.
Mongolia's present leader Yumjagiin Tsedenbal shows little link to Genghis Khan or Tamerlane. An economist and first secretary of the PRP, he has endured in power for two decades, maintaining a pro Soviet stance in a distant state between Russia and China.
The State Board of Insurance ordered January rate reductions totaling about 25 million dollars annually for dwelling coverage and 12 percent to 9 percent fire rate cuts for brick veneer to frame homes. Gov. Preston Smith praised the reductions tied to a fall legislative session, with additional budget reform proposals aiming to save at least 50 million annually.
In Bern Swiss lawmakers push to abolish the 3,500 strong dragoons as tanks replace horses by 1973 end. A referendum could restore support as 432000 citizens already backed cavalry petitions, while defenders vow to keep mounts and tradition alive.
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