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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Aug 16, 1977
Page
2
The editor rails at the Pennsylvania General Assembly for a careless budget process. They urge voters to withhold support, criticizing lawmakers for a circuslike approach and implying taxpayers deserve better handling of public funds.
The sun belt drives growth as industry and workers move south and southwest for water and jobs. Union membership drops nationally to 26.2 percent by 1974, and southern unionization tumbles from 15.5 to 13.9 percent. Despite gains in some southern plants, elections favor unions only 44 percent of the time. Recession lowers organizing, wages rise in the South, and anti union sentiment remains tied to independent, farm bred workers.
Steven and Linda L. appear wealthy with high salaries and perks yet face major retirement risks. Their projections show rising expenses for health care and living costs, shrinking incomes after 65, and insufficient savings. Steven plans early retirement as a consultant but retirement still seems unaffordable.
Sylvia Porter projects continued spending trend for the next 15 to 20 years, signaling sustained consumer activity. The analyst foresees gradual growth, with households maintaining current expenditure levels despite gradual economic shifts.
A financial column advises Steven and Linda L to rebalance toward growth, reinvest $5,000 in a growth stock, place $5,000 in tax sheltered investments, and save $2,000 yearly in sheltered markets. It recommends IRA rollover strategy, Keogh plans for self employment, and systematic withdrawals after age 70, with a toll free contact for a Merrill Lynch booklet.
Army bombardment of illicit Laetrite sales tied to Liberty Lobby, a right wing group distributing extreme literature as Amygdalin under The Spotlight. A Food and Drug official confirms Amygdalin and Laetrile are the same apricot pit drug. Peggy Davidson confronted the lobby, paying for Amyndalin, then signing a disclaimer that does not legitimize the sale.
A jumble of Se ante TV season schedules with ABC NBC CBS fighting for viewers amid premieres and pre emptions. Separately a Liberty Lobby drop and ship operation used Amygdalin tablets and apricot kernels sold by mail, with ties to a California advertiser and a membership drive, raising safety and legality questions.
The Pennsylvania Bureau of Consumer Protection operates in six cities. Citizens with complaints about shoddy goods or business practices may contact the bureau by phone or mail for assistance.
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