Nixon Signs Tax Cuts Aimed At Broad Economy Stimulus
President Nixon signed a $15.8 billion tax cut package over three years, calling it a critical part of his economic program. It lowers personal, business, and consumer taxes, repeals the 7 percent automobile excise tax retroactive to Aug. 16, and increases the personal exemption to $675 this year and $750 in 1972. The plan also offers a 7 percent business tax credit and a partial credit for public utilities on new machinery, with day care deductions for working parents up to $4,800 annually for households earning up to $18,000.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
White House
Ronald L. Ziegler
Centerville Woman Killed in Route 8 Crash Near Titusville
A Centerville area woman, 47, died at Titusville Hospital after her 1970 Pontiac crossed the northbound Route 8 and was hit broadside by a northbound tractor-trailer. James Coatoam of Union City drove the rig. The crash caused $10,000 in truck damage and a fractured skull death for Mrs. Clarence L. Maynard. The truck operator was treated and released.
MENTIONED IN THIS ARTICLE
Centerville Area
Titusville
Corry
Clarence L. Maynard
R.D. 4
Centerville
Maynard
James Coatoam
R.D. 3
Union City
Crawford County
Union City Memorial Hospital
Corry Bank Expands Main Building Facility
The National Bank of Corry plans a 30 by 60 foot addition to its 1963 main building. The second story will house expanded bookkeeping and demand deposit facilities and a new staff lounge. The project, by George Tinko and Rogers Structural Steel, aims to support future growth while using local subcontractors where possible.
MENTIONED IN THIS ARTICLE
National Bank of Corry
H. Martin Keppel
the Journal
Keppel
Corry Aredi
George Tinko
Rogers Structural Steel Co
Corry
Losses Light In Two Crashes
City police investigated two minor crashes yesterday and last night with total damage of 350 dollars and no injuries. Mary L. McCoy 22 of 245 Mead avenue traveled east on Duane street and stopped for a Mead avenue sign. she collided with a southbound car driven by Guy Davis 39 of 1240 White street causing about 75 dollars damage to the McCoy car. On East Main street Carolyn Cox 29 of Union City backed from a private driveway and was struck by Ed A. Kroto 39 of Erie. Cox car damage about 200 dollars and Kroto car 75 dollars.
MENTIONED IN THIS ARTICLE
Mead Avenue
Duane Streets
Mary L. McCoy
Duane Street
Guy Davis
White Street
McCay
Davis
East Main Street
Carolyn Cox
R.D. 3
Union City
Ed A. Kroto
Erie
Cox
Kroto
U.S. Steel to raise prices by 7.7 percent nationwide
U S Steel Corp the largest steel producer said it will boost prices on consumer goods inputs by an average 7.7 percent affecting tin can and appliance components among others. The increase aligns with a 3.6 percent cross the board guideline approved by the Price Commission and applies to about half of U S Steel products with timing set for December through February. Other major producers including Bethlehem will study the move while no immediate reactions were reported.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S. Steel Corp
White House
The
Price Commission
U.S. Steel
Bethlehem
Steel
Nixon's Freeze Power Granted Through '73
Washington AP reports President Nixon secures extension of his economic control powers through April 30, 1973, with a House vote 324 to 93 and Senate support. Conference committee to resolve retroactive pay questions tied to the wage price freeze ending last month. Both bills set wage and price rules, with differences on retroactive pay and media exemptions. Consumer redress, federal court appeals, and potential rate stabilization measures are included as part of the package.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Senate House Conference
House
Senate
Conference Committee
The
Price Commission
Sunbury Manhunt For Two Slain Trooper Suspects
State Police continue a large manhunt in central Pennsylvania for two fugitives linked to the killing of Cpl. John Valent and the search extends from Altoona to Sunbury. The two Altoona suspects, Charles E. Koons Jr and Charles E. Knisely, remain at large as officers widen checks on outbound traffic and search wooded areas nearby.
MENTIONED IN THIS ARTICLE
Sunbury
Rocco P. Arella
Altoona
Charles E. Koons Jr
Charles E. Knnsely
Pittsburgh
Mark Geddes
Paul R. Iuse
Koons
Knisely
John
Valent
Lewistown
William Kimmel
Pennsylvania
Gary R. Rosenberger
Williamsport
Rehnquist Okay Nixon Victory
The Senate confirmed William Rehnquist 68 to 26, a win for Nixon to push a conservative Supreme Court. Nixon praised both Rehnquist and Powell Jr. for integrity and intellect and predicted lasting impact on court decisions. Three Republicans opposed the nomination: Brooke Case and Jayits.
MENTIONED IN THIS ARTICLE
Washington
Senate
William Rehnquist
Nixon
Supreme Court
Rehnquist
Lewis F Powell Jr
Edward W. Brooke
Massachusetts
Clifford P. Case
New Jersey
Jacob K. Jayits
New York
Delay in Snowmobile Registration Date Delayed by House
Pennsylvania lawmakers move to postpone the state snowmobile registration act for six months due to lack of funds in the Department of Environmental Resources budget. Rep. Forest W. Hopkins says this deferral allows hearings and public input while keeping past procedures for the current season. The act would require operator and dealer registrations with fees of 5 and 25 dollars respectively, plus safety rules benefiting riders and property owners.
MENTIONED IN THIS ARTICLE
Pennsylvania
House
Senate
Department of Environmental Resources
Forest W. Hopkins
North East
Corry
Hopkins
Reid L. Bennett
D-Mercer
Subcommittee On Recreation and Tourism
Erie County
Christmas Red Kettle Drive Sparks Local Giving Effort
Rotary member Keeney rings Salvation Army Red Kettle at East Washington and North Center to kickoff this year’s drive. Capt James Korp notes kettles symbolize giving. last year Corry residents donated over 2200 dollars, funding 56 food parcels, a youth party, Sunshine Bags, and nursing home support, with school drives to boost canned goods this year.
MENTIONED IN THIS ARTICLE
Rotary
Keeney
Waple Avenue
Salvation Army
East Washington
North Center Streets
James Korp
Army
Karp
Corry
Korp
Also Mentioned on This Page
Journal
Pryor
Corry Bank
England
Holland
Rotary Club
Salvation