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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 21, 1976
Page
2
In Pennsylvania Gov Milton Shapp is expected to sign a bill to prevent defendants who were drunk or on drugs at the time of a crime from being freed. The legislation follows a State Supreme Court decision that freed a defendant in a murder case, whose defense argued intoxication rendered him not responsible for the slaying.
The ruling appalled state residents and opened new defense possibilities in murder trials. It was praised as corrective by lawmakers after a long spring, while loopholes closed undercut public respect for law administrators and risked undermining the system.
Washington reports a secret Pentagon survey condemns the Pacific fleet as undermanned and undergunned, with ships in dire need of repair and modernization. The study criticizes wasteful spending on pet weapons and alleges conflicts of interest with defense contractors, while noting only carriers and submarines remain capable of deterring the Soviet threat.
The article explains that many Americans face retirement and tax questions in 1976. It defines a Rollover IRA as a lump sum distribution from a qualified pension or Keogh plan rolled into an IRA, detailing eligibility and benefits amid Pension Reform Act 1974 changes. It cites Abbott & Co. as a New York investment firm discussing plan options and tax advantages.
A Corry Evening Journal Q and A outlines rollover IRA basics including 60 day rule for transfers, eligibility of lump sum distributions from employer plans, age requirements for starting distributions, and what investments qualify. It notes the need to roll over employer contributions plus earnings, not employee voluntary contributions, and lists eligible investments such as mutual funds and U S government bonds while excluding life insurance.
A sprawling account recounts Victoria Woodhull and Tennessee Claflin who rode spiritualism and wealth to fame, ran for president in 1871 and 1892, faced backlash, moved to England, and influenced women’s suffrage before dying in the late 1920s. The piece weighs their impact against claims of fakery and notes a separate debate in Pennsylvania over driver’s license photographs amid privacy concerns and budget limits.
A critique of current licensing in Pennsylvania notes 60 traffic violations across five licenses led to two suburban fatalities. It argues for photograph and fingerprint requirements to prevent suspended motorists from obtaining new licenses under false identities, urging Senate debate on privacy versus safety.
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