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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 05, 1963
Page
6
Both Iowa houses approve liquor by the drink legislation and aim to resolve differences. The main clash centers on an implied consent amendment seen as a civil rights issue. The senate bill would remain intact without the house reverse local option, while the house removes license limits to reduce graft. The legislature hopes for a solid, workable law.
Connecticut Senator Ribicoff proposes a national annual competition system to boost weaker sports like fencing and gymnastics while excluding swimming track and field and basketball. He envisions state eliminations leading to a national runoff in each sport and stresses legal stimuli to improve U.S. skills. He cautions against gambling temptations tied to new popularity.
A Columbia University team funded by the National Security Industrial Association warned that future defense and space program mishaps could be catastrophic with thousands killed or injured and billions in losses. They urged prompt compensation plans and clearer liability rules, preferably preventing disasters by keeping rockets out of cities.
An editorial recalls a neighbor who bought a $150 a month annuity 25 years ago and who now faces retirement with payments that no longer cover living costs. The piece argues the government defrauded savers who bought annuities and savings bonds, turning hard‑earned retirements into financial losses.
A critique argues that U S dollars have depreciated over decades as the government funds deficits by printing money. The writer asserts inflation harms savers, calling policy deliberate and comparing it to robber barons, urging caution against trusting treasury claims and bond promises. The piece laments future losses for the innocent and notes public toast to supposed prosperity.
The piece, by Conrad Fink, surveys South Korea's bleak fate despite heavy U.S. aid. It notes entrenched military rule, rural hardship, and political squabbling as America’s investment nears $5.4 billion while failing to create a stable democracy. It highlights U.S. casualties in the Korean War and ongoing reliance on American leadership.
A state rep argues Iowa should repeal the five mill moneys and credits tax, claiming it drives wealthy residents and money out of the state, hinders industrial growth, and costs more in lost taxes than it raises. The piece outlines exemptions, evasion, and potential revenue losses.
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