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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 10, 1971
Page
26
New York Attorney General Louis Lefkowitz warns franchising frauds rank behind only credit card frauds in major mail fraud investigations. He cites arbitrary cancellations, excessive fees, and forced purchases as top issues alongside a surge of misleading promises and empty training programs.
In a reader question, Sam Shulsky weighs cashing about 50 Sears shares yearly for income against holding for retirement growth. He cautions on using convertible debentures and suggests preserving the mutual fund stake to see how it performs over three years, evaluating income versus stock and bond yields at retirement.
Three incendiary devices found beneath seats hours before a Mother's Day crowd at Radio City Music Hall were deactivated by police without injuries. Two were spotted by cleaning staff and the third was discovered shortly after. no damage occurred.
New York Mayor John Lindsay declined joining a movement to dump President Nixon as the 1972 Republican nomination front runner. Rep. Paul McCloskey said he would oppose Nixon if no other challenger appears but would step aside if Lindsay pursued the effort.
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