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Newspaper
Childress Index
Location
Childress, Texas, United States of America
Date
Mar 01, 1963
Page
6
Barry Goldwater argues against federal funding for education citing church state issues and voter resistance. He frames school tax credits as voluntary aid to local systems and stresses citizen initiative over Washington for better classrooms and teacher pay.
The plan would keep current deductions but add a $100 credit against net federal income tax. Homeowners could save up to $140 of $200 school tax, or up to the full school tax if less than $100. Benefits would reach about 40 million taxpayers with no federal control, boosting local funding.
UPI reports economist Eliot Janeway says the savings and loan business faces a squeeze. He argues the sector must push a government guarantee increase on deposits from ten thousand dollars, signaling a major policy shift.
Analysts warn of dangerous market signs including widespread optimism and speculative activity in low priced stocks. Janeway predicts Congress action could force major shifts for commercial and savings banks. Hooper notes rising prices and volumes as warning signals, while Goodbody touts continued consolidation but warns against inflation hedges.
Herbert Anderson father of Dennis the Menace has decorated his den in a Harlequin motif reflecting his stage role and love of theatrical color.
John A T Galvin a former newspaper reporter now in Dublin is targeted by the Treasury and IRS with back income taxes totaling 21 546 898 the largest personal claim on record The government also seeks 39 054 for 1954 and 1 157 200 for 1955 with long running liens on his Modoc Lassen and Santa Barbara properties He defends the charges saying he does not owe the taxes and plans to appeal before the Tax Court
The slaying of Ben Duke Lewis, a state representative, shocks Chicago politics, with Mayor Daley calling for swift justice. Police scrutinize potential connections to the 24th Ward ballot battles and the possible work of political crime syndicates amid a history of earlier killings.
The day’s record low reached 16 degrees below zero at Lone Rock Wisconsin while Thermal California reported a high of 85 degrees. This urban weather snapshot notes extreme cold and heat across two states.
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