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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Dec 19, 1973
Page
2
In a Pennsylvania League of Cities resolution, 25 municipal leaders sought exemption from driver improvement school after six points. They argued the coaching is degrading for elected officials, while state police said the course applies to all violators.
A Harrisburg diary notes debates on the right to know and open committee meetings, passage and failure of bills, and conference committee actions on death penalty reforms. It mentions theft rise of cemetery markers, junk dealer reporting, and tax related bills including sales tax on farm game birds, plus state aid for police and fire protection.
Corry residents face January 1 hits on bills as Pennsylvania Gas Company adopts new rates approved by the Public Utility Commission. City officials consider raising taxes to cover Social Security costs, while a steam leak at Corry Jamestown plant causes sprinkler activation and ~$300 damage. A Rotary Club Christmas party hosts 35 boys at Hotel Corry. A barn fire near Spring Creek destroys the Gerald Whaley farm structure. Navy probes possible siphoning by Standard Oil at Elk Hills and Teapot Dome, rushing wells and costs amid energy crunch.
Siphoning navy oil by Jack Anderson parallels profits for oil firms. Elk Hills aims for over $1 billion from its opening with Shell also set for windfall profits. Navy 80 percent share tied to a 1970 contract worth about $2.6 billion. Nixon chose Rep Wilbur Mills to clear him on income tax issues prompting Senate House leadership concerns. Mills’ associates faced a $15,000 Gulf Oil contribution linked to his aborted 1972 bid.
An insider recalls campaign finance pressure to back Alfred Wene and name an attorney general. Boss Kenny validates Wene’s bid while Hague is dumped. The account details bribes, votes across Hudson and other counties, and a post election confrontation over voting choices. Elmer Driscoll’s program and reactions from Newark News are noted amid a charged political landscape.
New data from the Federal Home Loan Bank Board show the average mortgage for a new single family home last month at 8.36 percent for 26.1 years on a loan of 28,800 dollars, with purchase price at 38,900 dollars. The report notes rising rates, longer maturities, higher down payments, and higher prices, yet acknowledges thousands will still buy homes. Lenders vary by institution with mutual savings banks offering the lowest rate and mortgage companies offering the longest terms and highest loan-to-price ratios.
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