In Our Opinion on Tax Dodges by the Rich
A column cites Lyndon B. Johnson era figures showing 21 individuals with over 1 million income and 155 earning above 200000 paying no income tax. It explains how real estate, oil, and charity deductions can erase tax liabilities and notes IRS data limits. A second item reports on Delipe Herrera of the Inter-American Development Bank facing scrutiny over confidential information and lending practices.
MENTIONED IN THIS ARTICLE
Lyndon Johnson
Picasso
Barr
Treasury Department
Johnson
I.R.S
IRS
Herrera Antics Roil Bank Board and Latin America Reach
A lengthy critique details Herrera and Upton lobbying to push an unsecured loan through a bank despite rules and a hostile board. It notes Doxiadis’s river basin study, Latin American diplomacy, and East German ties, set against Nixon’s request for more funding. Plus a Portland air saga with Dorothy Goodwin's suitcase ordeal and airline refusals.
MENTIONED IN THIS ARTICLE
The
Little Foundation
Doxiadis
Thaw or Trap in Cold War Promises and 1969 Economic Slowdown
The piece notes easing rhetoric from Moscow and Helsinki talks suggesting potential arms negotiation progress, with Gromyko endorsing Nixon’s stance and anticipations of April Vienna talks. It contrasts cautious optimism with long histories of belligerence while shifting to 1969 US economic slowdown, inflation persistence, and uncertain 1970 price stability amid rising wholesale prices and layoffs.
MENTIONED IN THIS ARTICLE
New York
Inflation Outlook For 1970 And The Price Spiral
The piece notes December price gains after a fall followed by inflation pressures expected to persist through 1970. It cites unemployment near 3.9 percent and forecasts 3.5 to 4 percent food price rise, with Burns and McCracken predicting rates possibly up to 4.3 percent. The era’s inflationary dynamics risk continuing wage and price upward pressure.
MENTIONED IN THIS ARTICLE
Arthur Burns
Federal Reserve Board
Paul McCracken
President
What Is The Law Affects Husband and Wife Loans
A husband may be responsible for a loan induced through his wife if the money bought necessities for the family or if the wife acted as his agent in arranging the loan. Without these facts, he is not obligated. A nonwritten loan can still be recovered, though proof is harder. divorce does not end the obligation under those circumstances.
Corry Evening Journal publication details and rates
The Corry Evening Journal lists staff roles including publisher George Fi. Semple general manager William Eston and editor John McLaughlin. It notes AP exclusivity for local and AP dispatches and provides mailing and carrier pricing, with advertising rates available on request.
MENTIONED IN THIS ARTICLE
Corry Evening Journal
South Street
Corry
George Fi. Semple
William Eston
John McLaughlin
Associated Press
AP News
Also Mentioned on This Page
Grass Roots Opinion
Ellenville, .Y
Washington
Delipe Herrera
Inter-American Development Bank
Herrera
Bloch
Santiago
Chile
Graydon Upton
Pan American Development Foundation
Latin America
Inter-American Bank
Upton
U.S
Constantine Doxiadis
Aegean Sea
Margaret Mead
Arnold Toynbee
Aegean
Hungary
East Germany
Iron Curtain
Congress
Senate
Dorothy Goodwin
Boston
American Airlines
Goodwin
Senate Antitrust Committee
Moscow
Andrei Gromyko
Supreme Soviet
Russia
United States
Gromyko
Vienna
Supreme Legislative Body
Helsinki
East
West
Finland
Gerard Smith
Vladimir Semenov
Agriculture Department
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