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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Dec 09, 1972
Page
2
A survey in 15 states shows independent business people largely want property taxes cut and support a sales tax to replace lost revenue. Voters and politicians nationwide echo the view, though merchants warn a sales tax adds overhead to operations. In surveys the favor rate ranges from 60 to 75 percent.
It is believed the sales tax is favored by independent business people who think current real estate taxes are progressively making home ownership difficult especially for the elderly. A perceived advantage is that a sales tax is a straight tax, not hidden. Pennsylvania was not among the 15 states in the survey. The six percent rate in the Commonwealth, second highest in the nation, would make any increase hard to justify even for property tax reduction.
A reflective piece on aging and stagnation describes how some people prematurely grow old by avoiding new experiences. It cites patterns like skipping new films, sticking to familiar routines, few new friends, and dull conversations, urging self‑assessment and a shakeup before life sours further.
Washington reports the armed forces are top heavy with officers supervising fewer enlisted men. Lt Gen Herman Nickerson, named administrator of the National Credit Union Administration, leads a civilian post with a military entourage and lavish offices. A GSA spokesman says furnishings were on an authorized list, but not specifically approved for such an ensemble. Also covered is Rep Richard Hanna’s 12-country, 26-day overseas jaunt authorized to draw local currency and seek housing and oil-energy talks. Dante Fascell’s Guatemala study mission is noted.
In a sharply rethought mood, Moscow signals flexibility on grain sales while Russia faces hunger and political risk. Nixon’s grain deal aimed to aid U.S. farmers and seek strategic gains, amid pressure from food scarcity and leadership fragility.
A speaker argued for shifting brokers from commissions to a salary based system to align with investor interests. He urged formal education and professional standards, including university programs and proficiency testing, as steps toward better training and ethics for brokers who manage investors life savings. He noted the difficulty of implementing such changes but urged progress despite resistance in The Street.
In Corry on December 9 1952 the Joint Committee approved condemnation to obtain a 40 acre First Ward site for a new joint Junior-Senior High School. A Friday Saturday youth recreation program at the State Armory received board approval, funded from the old war fund. Kiwanis heard Dr Elmer A Ortner. hospital directors cut salaries 25 to meet costs. Five Irving street whooping cough cases and one scarlet fever case in the third ward were reported.
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