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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Aug 25, 1969
Page
2
Executive pay packages shelter fringe benefits from taxation, boosting rich earners while middle income taxpayers shoulder more. The piece argues such exemptions for car allowances, life insurance, tax-free travel, free medical checkups, and no interest loans favor higher earners, worsening overall tax fairness.
Home Capital Funds, Inc. a lender backed by sixteen home building product firms, operates from Austin Texas and has committed 148 million dollars in private housing loans. The HCF method uses a 90 percent financing plan with the borrower paying a single monthly mortgage to the base lender and HCF receiving a one sixth share funded by HCF, protected by private mortgage insurance paid by the borrower. C W Smith president says HCF runs in 31 states with partners like Metropolitan Life Bank of America and many savings and loan associations. Texas, California, Washington and Minnesota account for most business.
Hollywood interview with Mike Connors discusses Mannix season three and balance between action and censorship. He argues violence should emerge from plot necessity, defends viewers choosing what to watch, cites parental responsibility, and compares TV limits to real-world sports violence. He also notes ABC delaying NBC double specials amid scheduling battles.
Jim Bishop riffs on ice cream and weight with playful asides about his wife and daughters. He notes personal tallies, mentions Karen Kathi Gayle and Jackie Gleason, and contrasts indulgence with restraint in a humorous diary like passage.
Washington column details Rep. Mario Biaggi clashing with House Armed Services Chairman Rep. Lucius Rivers over military matters and Safeguard construction at NORAD Cheyenne Mountain. It notes Rivers’s control over inquiries and committee power, Biaggi’s push for oversight, and broader context of Vietnam tensions and political maneuvering.
AP column surveys a range of topics from the cost of a newborn’s first week to crime rates, animal hearing, and quirky quotes. It notes infant expenses around 1500 dollars, lists breakdowns for hospital care and clothes, cites FBI crime rates, and includes lines from Caligula and T S Eliot. It ends with quotes about library cards and intelligence quotients.
The Federal Housing Authority said it is ready to turn the Fairhaven housing project over to priority buyers on a no down payment basis with a 15 year four percent mortgage. Mary Brown won the Women’s Invitational Golf Tournament at Corry Country Club with 84. The event is expected to become annual, termed a success. The West Spring Creek Church Ladies Aid and Sunday School picnic was held Tuesday at the home of Mr and Mrs Vern Smith. 40 years ago August 25 1929.
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