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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Cameron Herald
Location
Cameron, Texas, United States of America
Date
Sep 07, 1972
Page
5
The article explains debt pooling or consolidation under Texas law, noting it is mostly prohibited with fines for violations. It lists exemptions for banks, credit unions, merchants associations, law firms, government agencies, and non profit debt counselling agencies, and urges consulting a family attorney before entering any such contract.
Community news recounts Mrs Hattie Benesh winning a Hoover vacuum and electric scissors at the St Michael's picnic. Visitors include families from Cameron Waco Temple Bryan and Houston. The text lists numerous gatherings and a burial in Houston for Clanton, with many local residents and relatives mentioned.
President Nixon has signed into law the Rural Development Act of 1972 pushed by Rep. W. R. Poage. The act authorizes nearly 500 million dollars to raise living standards in farms and non metropolitan communities nationwide. Poage, as chair of the House Agriculture Committee, led the push and hailed the measure as addressing the migration to crowded cities.
Texas A&M economists warn that 10 to 15 years of retirement planning face farmers as estate values rise. The study notes farms may owe large taxes but lack funds, urging retirement income stability, emergency funds, and inheritance transfer planning. The report highlights rising land values and investment, and the role of federal programs in rural finance and development.
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