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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Feb 08, 1972
Page
2
In a critical column from Altoona PA, the writer mourns the fading work ethic that underpinned the WPA era and laments the rise of expansive welfare programs. Citing FDR and VA reforms, the piece argues for stricter controls while warning that welfare expands as military spending grows. The piece ends with a Mirror Georgia- Altoona opinion note contrasting welfare states with Soviet warfare.
Washington reports tie between Howard Hughes and Richard Nixon family money. The IRS granted a multi million tax exemption to the Howard Hughes Medical Institute after a 1955 denial, while Hughes loaned Don Nixon, VP Nixon's brother, 205000 via Hughes Tool. Dietrich warned against secrecy. Controversy centers on possible financial links and high level arrangements.
Scores of area residents urge broader access to Pennsylvania lottery sales, arguing small shopkeepers deserve sales outlets. The piece notes Governor Milton Shapp’s improved delivery, calls for lower auto insurance, consumer protections, taxes and welfare reform while detailing legislative actions on workmen compensation and other bills.
AP notes growing interest in professional basketball amid discussions of a potential NBA ABA merger. The piece contrasts the spectacle of the sport with democratic ideals and civic pride, arguing athletics elevate individual excellence and inspire societal energy while recognizing Page One’s broader audit of man’s fumbles.
The trend centers on foreign investors seeking US equities. In 1958 gross foreign purchases and sales totaled 2.8 billion dollars. By 1971 activity rose to about 23.2 billion dollars, signaling increased foreign participation in U S corporate stocks.
A collage of 20 and 40 years ago highlights in Corry includes a frail 30-foot sailboat crossing the Atlantic behind German couple Bruno and Ewald Paul seeking a new life in America, a large ham supper for the Columbus Volunteer Fire Department, and a cherry pie contest victory by Shirley L. Miller. Also noted are 1932 and 1972 items on local schooling, a top rating for Company A’s 112th Regiment, and NYSE forecasts of 1972 foreign investment, reflecting enduring community memory and regional affairs.
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