Teenagers drive unemployment figure analysis in The Journal
The Wall Street Journal analysis breaks down December unemployment to 5.216 million, with teenagers forming over a quarter of the total. Adults, especially men, show much lower rates, while women’s growing labor role raises their share of jobless totals. The piece argues the 6.1 percent figure misleads about breadwinning adults.
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Wall Street Journal
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Soviets Target China Visit as Nixon Moves Toward Detente
Intelligence reports indicate the Soviet Union is boosting military shipments to North Vietnam and North Korea and pressing them toward renewed hostilities in Asia. Moscow may be trying to spoil the China United States detente while signaling readiness to aid Hanoi and Pyongyang, as Podgorny and Rashidov tour the region. A CIA copy of a South Korean Defense Ministry study dated 15 November 1971 highlights North Korea possible winter offensives, broad scope attacks, blitz tactics, and aims at communized unification with no nuclear use.
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Law Q and A on stock splits in estate trusts
Reader asks whether a life tenant sister or the trust gains from a stock split. Answer: a split creates more shares but not more assets. principal stays in trust while any increased dividends may go to the life tenant as income. General rule, individual provisions vary.
Roosevelt maverick recalls family, fortune, and wartime politics
In a reflective Florida ranch setting Elliott Roosevelt, aging at sixty two, recalls Aunt Polly and family bluntness while detailing Crum Ebow estate division among five siblings. The piece notes FDR’s finances, Brain Trust, and the President’s public spending versus private cautions, with flashbacks to 1920 and 1944 campaigns.
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Dutchess County
Crum Ebow
Hyde Park
N.Y
James
Franklin
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Anna
Elliott
Franklin Jr
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Corry items span hospital aid and local events in 1952
Corry records show a 1952 Erie County allocation for Corry Memorial Hospital totaling $4,000 with county taxes funding $85,000 for four hospitals. A Downey birthday party honored six year old Thomas with 13 guests, matinee, dinner, and pencil flashlight favors. A Spartansburg Grange No. 110 60th anniversary drew large attendance. A basement fire at Daugherty Confectionery threatened nearby stores and upper living quarters. J. J. Desmond joined the Pennsylvnia Manufacturers Association executive committee in Philadelphia. A personal letter hints at wartime and presidential era anecdotes about funds and households.
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Corry Memorial Hospital
Erie County Commissioners
George Downey
Thomas
Downey
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