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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Feb 29, 1972
Page
2
A Commerce Department report estimates shoplifting adds about 16 billion dollars in annual costs to U.S. consumers, with FBI crime data showing a 13 percent rise from 1969 to 1970 and 182 percent since 1960. The surge affects central cities, suburbs, and rural areas, and factors into broader property crime trends.
The $16 billion bill business bears more crime burden than big business. Ordinary crimes like theft and burglary raise costs across sectors, with retailing suffering $4.8 billion, services $2.7 billion, manufacturing $1.8 billion, transportation $1.5 billion, and wholesaling $1.4 billion. Private prevention costs rose to $3.3 billion in 1969, up 150 percent since 1960.
Senate and House members moved several tax reform bills this week while a Republican sponsor urged action on a tax bill to require settlements with widows on the same terms as the federal government within 12 months. Debates covered elderly relief, tax form inequities, and proposed reductions in corporate and income taxes amid calls to return any surplus to taxpayers.
Washington notes list senators representatives and Pennsylvania officials. The article recounts ITT lobbyist Dita Beard’s confession and a memo alleging a private anti trust settlement with Attorney General John Mitchell tied to a GOP convention pledge. It details meetings with Governor Louie Nunn and ITT officials amid ongoing suits.
Mitchell claimed to know how she inspired pro ITT speeches on House and Senate floors. The Attorney General reproved her for tactics instead of meeting him. She quoted Mitchell saying Nixon pressed to lay off ITT and later softened to a reasonable statement with ITT. He said he favored ITT but blocked by antitrust chief Richard McLaren.
A reader asks if U S Savings Bonds held by a grandparent and grandchild are taxable at death and whether guardianship affects disbursement. The article explains Pennsylvania inheritance tax rates for lineal descendants and stepchildren, with 6 percent for lineal descendants and 15 percent for others. It also covers a long narrative about ITT, antitrust settlements, and political donations, featuring names like Hartford Fire, Grinnell, and John Mitchell, with remarks on memos and public disclosures.
The piece discusses total knee and hip replacements pioneered by Dr John Charnley in England and refined by Maurice Mueller in Bern Switzerland. It notes Sweden and others performed replacements since 1965 and that methyl methacrylate bone cement enabled secure attachments. The author notes American tardiness despite progress.
This afternoon a mobile x ray unit at Corry Senior High School drew students teachers and the public for chest x rays funded by Christmas Seals. A baby son Danny Louis was born at Corry Memorial Hospital to Mr and Mrs Louis Taylor. Alderman M S Cobbett administered the state Loyalty Oath to six State Police officers at Corry sub-station. Banks of Corry and peers plan to handle United States baby bonds available March 7. A Legion report notes local men found work during the week through post efforts. The rest discusses medical ethics and knee transplant progress noting promise and cautions about artificial joints and false hope.
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