State Loses 1.5 Million Annually in Idle Funds
Pennsylvania spends funds in about 200 banks at 4.5 percent interest while idle, with the Korean War Veterans Compensation Fund alone holding about 18.5 million across 200 banks. The funds are managed by a five member Board of Finance and Revenue, with sessions not opened to the public despite calls from Auditor General.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Board of Finance and Revenue
Robert P. Casey
Atty
William C. Sennett
Warner Depuy
Joseph Kelley
Grace M. Sloan
Irs
Sloan
Casey
South Side National Bank
Catawissa
Game Fund
West Milton National Bank
United Sates Bank
Johnstown
Cumberland County National Bank
New Cumberland
Tax Reform Nears Approval and Taxation Debate In Washington
The piece notes Senate leaders pressing toward Christmas recess amid Nixon veto threats on an education and health spending budget and a major tax reform bill moving closer to final passage with changes to personal exemption and the Social Security provisions. It covers state funding shortages in Harrisburg, the Philadelphia plan, and ongoing fiscal negotiations shaping road funding and college scholarships.
MENTIONED IN THIS ARTICLE
Scott
Nixon
Washington
Senate
Hugh Scott
Congress
Albert Gore
D-Tenn
Tennessee
Gore
Department of Health, Education and Welfare
Department of Labor
Agency For International Development
Philadelphia
Harrisburg
House
Robert D. Fleming
Allegheny
Stanley G. Stroup
R-Bedford
Ernest P. Kline
D-Beaver
Kennedy
Peck Named Administrator for Penn State Continuing Education in Corry
Leroy G. Peck of Corry is appointed administrator for Penn State Continuing Education programs and services in the Corry area. He becomes curriculum director for Corry area schools and will oversee curriculum planning registration for evening classes and coordination of seminars and workshops.
MENTIONED IN THIS ARTICLE
Ux Leroy G. Peck
Corry
Pennsylvania State University
William E. Mosse
Behrend
Erie
Peck
Corry Area
Warren Area
Warren
Panma Central
Panama
N.Y
Penn State
Edinboro State College
Two Critical After Area Accidents
Two people remain in critical condition after weekend auto crashes in the area. Donald E. Glenn of Spring Creek is at Warren General Hospital with head injuries from a one car crash on Route 6. A Meadville woman, Mary Szeczerba, is in Meadville City Hospital ICU after a collision involving a parked trailer on Route 322.
MENTIONED IN THIS ARTICLE
Donald E. Glenn
R.D
Spring Creek
Warren General Hospital
Pittsfield
Warren
Glenn
Meadville
Mary Szeczerba
Meadville City Hospital
Szeczerba
Margaret R. Calvin
Sandra
City
C of C Phon e Alert Bolsters Anti scam network
The Chamber of Commerce activated its phone alert system after a phony check writer hit two local banks. The alert chain reaches the Chamber police and Retail Division chair, then to victims, aiding rapid notices during pre Christmas shopping. A man using the name Ronald E Petty cashed checks drawn on Central Trust Co of Rochester NY. A $25 reward is offered by Central Trust Co.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Chamber
Police
Ronald BE
Petty
Central Trust Co
Rochester
N.Y
Warren
Corry
Centeral Trust Co
Billionaire Tries To Fly Gifts To POWs
Texas billionaire H Ross Perot launches a two plane mission to deliver 180000 pounds of Christmas presents to 1400 Americans held by North Vietnam. He plans to reach Bangkok and Hanoi to secure access for cargo planes on Christmas Day. The effort aims to thaw tensions and bring aid from prisoners families.
MENTIONED IN THIS ARTICLE
Los Angeles
Texas
North Vietnam
H. Ross Perot
Dallas
Honolulu
Perot
Bangkok
Hanoi
Plane Crash near Nha Trang Hits School Killing Dozens
In Vietnam a Air Vietnam DC-6 skidded off a runway at Nha Trang Air Base crashing into a school and nearby slum homes. At least 30 dead including 12 students. 20 injured. The passengers included Indians and Vietnamese with no Americans aboard per a local list.
MENTIONED IN THIS ARTICLE
Nha Trang
Man Says Winter Arrived Yesterday
In Corry residents contested the official start of winter noting 21 inches of snow and an additional inch added yesterday bringing totals to around 24 inches. The author cites weather observers and jokes about officialdom.
MENTIONED IN THIS ARTICLE
Corry
Richard Mountain
Also Mentioned on This Page
Rec Center
Warren Borough
Sons of Italy
Pennsylvania Avenue
Route 6
North Warren
Glade
Pleasant Townships
Siefert
Belevine Electrics
Billionaire
Lloyd Bridges II
Juli
County Department of Adoptions
Bridges
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