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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Apr 09, 1959
Page
4
The article notes many states posted higher revenues and increased spending last year, yet deficits remain. It discusses tax policy, federal preemption, and the need for local funding solutions, highlighting contemplated austerity and calls for institutions like colleges. It mentions the Heart Association support and local political concerns.
New York AP summary on personal debt and saving trends in the United States. Americans hold about 140 billion dollars in savings, slight debt excess over savings, and shifts show savers still confident. Business interests prefer higher sales and profits, while keeping consumer savings as capital for future investment. Policy notes highlight pension funds and insurance reserves fueling capital markets.
A troubled report from Kane City describes an incident where a child, identified only as Tot, was transported by ambulance yesterday to Danestown General Hospital under state police escort. The source notes the illness could not be determined at the time and mentions a separate escort by Shire Police to New York Sulem for further handling by county representatives.
A state probe into the De Knox Coal Co mine disaster near Port Griffith Bluffing 12 lives found five Knox officials and two Pennsylvania Coal Co engineers responsible for deadly failures. The report calls for prosecution on several alleged mine law violations and names seven key individuals as contributor to the tragedy.
A cluttered report lists local social gatherings and visits across Union City and surrounding towns. It notes church group intercounty events at First Baptist Church, family visits, and neighbors meeting for meals and prayers. The piece ends with a brief historical note: Comedian Eddie Cantor was orphaned as a baby.
Bloomfield Township supervisors approve an $18,000 bond issue to buy a truck and snowplow. Three $1,000 bonds will mature each May 1 from 1960 over six years with a maximum 6 percent rate, actual rate to be set later. An annual tax to amortize the issue will be levied. 1959 interest funded from the general fund will be repaid by 1960 taxes. Bids for bonds to be opened April 25 at Lincolnville Town Hall.
A Japanese freighter the Shimane Maru and a railroad barge collided last night in the East River near New York. There were no injuries. The crash tore a 10 foot gash in the freighter’s port bow. The Shimane Maru is listed at 12 160 tons.
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