Stans Ties to Penn Central Amid Tax, Rail Aid Probes
Secretary of Commerce Maurice H. Stans reportedly held more than 300000 dollars in Penn Central subsidiaries when government aid to the railroad was discussed. Records show about 38000 Great Southwest Corp. shares and a pledged blind trust not disclosed in his 1969 confirmation statement. He declined interviews, while a Penn Central board note cited cabinet involvement in 200 million in loan guarantees. In a separate incident, 19-year-old Robert Boutwell survived a baler accident at Corry Foam Products, sustaining a crushed left arm and minor fracture. hospital x-rays were planned and officials expect a full recovery.
MENTIONED IN THIS ARTICLE
Washington
Maurice H. Stans
Penn Central
Great Southwest Corp
Stans
Congress
Nixon
Associated Press
Pennsy
Paul A. Gorman
Gorry
Corry Memorial Hospital
Corry Foam Products
Shady Avenue
Robert Boutwell
East South Street
Corry
Boutwell
Secretary of the Treasury
Wright Patman
D-Tex
House Banking Committee
Penn Central Management
Great Southwest
Glore Forgan-Wm. R. Staats & Co
Glore Forgan
Stanis
Senate Commerce Committee
Corryite's Truck Struck Kills Sherman Man
Donald M. Gabriel 56 of Sherman died after being crushed between a car and a pickup on Route 74. He was pronounced dead at the scene from a fractured skull. Gabriel worked as a mechanic and is survived by his wife Lucille and two sons. Services set for 2 p.m. at Spitzer Funeral Home. Burial in Sherman Cemetery. He was born March 15, 1914 in French Creek Township.
MENTIONED IN THIS ARTICLE
Donald M. Gabriel
Sherman
Route
Chautauqua County Sheriff's Office
Gabriel
Ralph Wallace
Westfield
Clement P. Messenger
R.D. 1
Columbus
Matthew Potocki
East South Street
Donald Hendrickson
Jamestown
French Creek Township
William and
Lottie
Redding) Gabriel
Iohn Wiggers and Sons
Pontiac
North Clymer
Lucille (Cripe
Duane
Gary Gabriel
Lottie Gabriel
Lyle Gabriel
Clymer
Margaret Park
Findley Lake
N.Y
Budget Chief Says U S Can Control Inflation
Budget Chief George P. Shultz argues wage gains have not driven inflation and cites rising productivity as key to moderating inflation in 1971. He notes construction remains a problem but expects overall wage growth to stay noninflationary as costs ease and productivity climbs.
MENTIONED IN THIS ARTICLE
U.S
Washington
George P. Shultz
Shultz
Associated Press
Office of Management and Budget
Senate weighs five per cent income tax in Pennsylvania
In Harrisburg the Senate opened debate on a 1.5 billion tax package after a six day House fight. Democratic leaders hoped for swift action with a 25 vote Senate majority needed. Gov. Shapp backed the plan, while Republicans pledged cooperation if the state’s money trail is clear. The package would cut the corporate tax, phase in collections, offer a relief credit, and sunset a sales tax on some goods. opposition criticized the plan as unfair to the middle class.
MENTIONED IN THIS ARTICLE
Harrisburg
Senate
House
Martin L. Murray
D-Luzerne
Murray
Robert D. Fleming
Allegheny
Shapp
Forest W. Hopkins
Erie
Hopkins
Raymond P. Shafer
Shafer
Sorbent Fineman
Prete Eene
Joseph Hepford
R-Dauphin
Pennsylvania
City Council Agenda Seeks Salary Rise and Code Actions
City Council meets tonight for a regular session with a light agenda. The council will consider second and final reading of an ordinance raising the city treasurer’s salary to 1800 dollars, and review exoneration from penalties on local property taxes.
MENTIONED IN THIS ARTICLE
Benjamin Calderone
Ssance
Robert Grice
David Johnson
Roofs Collapse in Downtown Snow Storm
Heavy snow and ice caused the collapse of two adjacent downtown buildings late Saturday night. A pedestrian, Mrs Sharron Stebbins of Friendship, suffered leg and knee injuries when debris struck her, and five businesses plus union meeting rooms were damaged. Police estimate potential losses may exceed 100000 dollars with at least one business possibly a total loss. The three story wooden and one story brick structures collapsed onto sidewalks and street, crushing several parked cars.
MENTIONED IN THIS ARTICLE
Sharron Stebbins
Lone GOP tax backer Hopkins rails against partisan politics
Representative Forest Hopkins of North East the only Republican who supported Gov. Milton Shapp's five percent income tax plan says end partisan politics. The House approved the plan 105 to 97 after six hours of debate. 102 votes were needed. Hopkins notes the bill would tax income via a five percent employee withholding and urges bipartisanship to solve overspending issues while promising to back Shapp if he remains sincere. The measure still awaits Senate approval before statewide implementation.
MENTIONED IN THIS ARTICLE
Forest Hopkins
North East
Milton Shapp
House
Hopkins
Also Mentioned on This Page
Corryite
Roosa
Mitchell
Space Center
Houston
Stuart A. Roosa
Edgar D. Mitchell
Armed Service
White House
Air Force
Navy
Rosa
Antares
Moon
Lunar
Alan Shepard
Edgar Mitchell
NASA
Erie Lackawanna Railroad
Avenue
Stanford Hose Company
WSS
Journal Phato
Pryor
Johnson
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