Congress Restaurant Costs Spark Accounting Alarm
Local readers with tighter budgets due to Pennsylvania income tax may find the Washington House restaurant’s finances revealing. The House Restaurant Committee reports a 1971 facility deficit near 400000 dollars, partly from members using storage for frozen foods and requesting frequent supplies. A 3000 dollar annual stationery allowance per member exists, with any unused balance portable after leaving office. for fiscal 1972 a 1500000 dollar stationery request was made, up 221500 from 1971.
MENTIONED IN THIS ARTICLE
Pennsylvania
Nixon May Sacrifice Islands to Peking Amid Taiwan Policy Shifts
A RAND study notes Nixon as VP favored nuclear defense of Quemoy and Matsu in 1958 while now signaling U.S. aid ends for the offshore islands. It suggests Chiang Kai-shek could defend Taiwan with reduced GRC forces and that negotiations for an offshore island settlement might save manpower and money. The report argues the GRC could outnumber CPR forces in a potential invasion and outlines naval and financial dynamics shaping Taiwan policy.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Peking
U.S
Quemoy
Matsu
Pentagon
Rand Corporation
United States
Islands
White House
GRC
Chiana
CPR
Taiwan
Life is Worth Living Moments Captured in Small Joys
A nostalgic meditation lists simple pleasures that brighten daily life in New York. The author recalls elevator etiquette, beagle chases, pokerlike games, moonlit lakes, feeding pets, carnival prizes, awkward romances, candlelight on silver, homegrown tomatoes, and the warmth of past teachers and friends. Each vignette celebrates quiet happiness and meaningful moments that define a long life.
MENTIONED IN THIS ARTICLE
New York
Corry Notes on Gunman Probe Birth Stocking and Sports
County detectives still lack definite information on the so called phantom gunman who wounded three people in Erie on December 31. A baby boy was born yesterday at Corry Memorial Hospital to Mr and Mrs Richard Blount of 166 Johnson street. Stocking from Corry fish hatchery will begin its second week with daily consignments to area streams this week. Supt Merrill Lillie said stocking of South Branch French Creek and Beaverdam Run drew 47 anglers Saturday. Five new directors were elected at the Corry Credit Exchange annual meeting at Hotel Corry Theo P Williams Arthur Colegrove Mayor Ben F Starr H A O Hare Worth Hammond named. Corry High School beat Falconer 48 24 on the Junior High floor with a fast opening.
MENTIONED IN THIS ARTICLE
Corry
Erie
Corry Memorial Hospital
Richard Blount
Johnson Street
Merrill Lillie
French Creek
Neighbor Across the Street Mr Thomas Scott
A child recalls meeting Mr Thomas Scott, the first Black resident on the block. The Pullman porter, living with a complaining sister, paints his porch while neighbors judge him. A brief, respectful contact grows into a man to boy exchange about work, duty, and everyday life.
MENTIONED IN THIS ARTICLE
Thomas Scott
Mister Scott
Mr. Scott
Olds Moses
Pullman Vorker
Thomas Jefferson
Baptist Church
Uncle Tom Scott
Pension funds buying stocks prompts inflation driven shift
New York AP reports state and local government pension funds increased their holdings of New York Stock Exchange stocks from 8.2 billion to 12 billion in one year, lifting total institutional stock ownership above 40 percent. The move reflects a broader trend toward stocks as a hedge against inflation, with funds historically restricted to bonds relaxing rules as inflation erodes conservative returns. economists note the change follows decades of inflation awareness and growing reliance on equity to preserve and grow capital.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Also Mentioned on This Page
House
House Restaurant Committee
Richard Nixon
Chou En-lai
Chiang Kai-shek
Chiang
Penghus
Navy
CIA
Korea
The
Corry Journal
GRC Navy
Corry High School
Falconer
Beavers
Scott
Uncle Tom
Jim Bishop
John Cunniff
Casal
Brown House
Tom Scott
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