Clifton Record bids farewell as new leadership takes over
The Clifton Record marks six years under current management and announces Jan 1 takeover by William T. Jordan and wife. The editorial reviews Clifton’s growth including a new 64 bed hospital, a $1.2 million nursing home, new industries, 45 rental units, a top class high school, improved downtown buildings, and planned public facilities. The piece credits progress by local citizens and firms and notes the paper’s role and occasional criticisms in promoting Clifton’s development. The writers express gratitude to readers and welcome the incoming leadership and eventual stabilization under Texan naturalization efforts.
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Forecast of 1973 economic trends and inflation risks
Babson staff expects moderate price and wage increases in 1973 with labor and management behavior shaping inflation. They anticipate some jawboning by the administration, possible price and wage controls, modest budget deficits, and a 4 percent real GNP rise in constant dollars. Growth shouldStem from private consumption and investment, plus gains in foreign trade and defense updating, with optimism about a Vietnam cease-fire.
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Bill) Jordan
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