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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Aug 11, 1973
Page
2
The editorial laments a 38.6 percent local tax rise atop a 10 percent budget increase in Corry Area School District. It argues directors knew of state tax boosts yet taxed locals heavily, calling for restraint and noting limited action until May budget sessions. It also references a White House tapes controversy involving Anna Chennault and 1968 election dynamics.
Report claims Madame Chennault warned Saigon that Humphrey would pull out U S forces if elected, risking Communist takeover and executions. Johnson furious, Nixon aide accused him of sabotaging peace, a call to restraint ensued with Dirksen mediating. Humphrey claimed alerting Rowe to Thieu, while a national council probes anti consumer coup rumors.
The piece argues world demand drives food prices, with Japan paying $1.60 for grapefruit and $20 per pound for beefsteak, while Americans face higher prices and tighter supplies. It critiques export limits, calls for increased global production, and warns many U.S. families lack balanced diets amid policy debates.
An AP piece lists daily irritants from flashy gadgets to fashion excesses and overblown trends. It mocks high IQ without motivation, celebrity pay norms, gymnastic TV stunts, overbearing gifts, and senseless fads. It ends with a prayer and a note from Pennsylvania political figures.
Americans including economists and officials accept higher prices as inevitable. Escalator clauses appear in contracts, and price rises spread beyond labor disputes to Social Security life insurance and mortgages. Federal Reserve chair Arthur Burns says world supply and demand can overwhelm efforts to curb inflation. Herbert Stein, chairman of the President's Council of Economic...
A 1954 Corry item notes Aero strike talks with no statements from Aero Lodge or firm management after a negotiating session. City valuation work by William E. Miller finishes. Miss Helen Jones probes 1924 school bonds and sinking fund totaling 12,493. Local candidates Lambing and Blatt announce for school director and council. Postmaster Aver discusses the National Recovery Act at Rex Theatre. Analysts from Argus Research and First National City Bank warn inflation persistence and higher borrowing costs, while government officials face inflation realities.
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