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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 12, 1974
Page
2
The Senate rejects raising the speed limit to 60 mph arguing slower speeds save fuel and reduce highway deaths. Truckers push for higher limits citing time and money losses, while supporters stress the need to weigh benefits against costs amid fuel shortages and safety concerns.
Secretary Brinegar cites federal data showing fatalities run about 1,000 per month below 1973 rates since the 55 mph limit began last December. Pennsylvania Turnpike figures show five month accident counts dropping from 1,171 to 713 and fatal accidents from 17 to 8, with deaths falling from 20 to 10, a reduction of over 50 percent. The note urges Congress to maintain the 55 mph limit and oppose returning to higher speeds.
The measure, supported by Governor Shapp, clears the House after a fierce floor fight and awaits Senate action. It would provide accident victims benefits without long lawsuits, exclude property damage, set a 750000 threshold, and require a 15 percent reduction on bodily injury premiums while limiting insurer suing rights. An amendment for Blue Cross rate cuts passed, and further budgeting moves, payroll, and public notices fill the political landscape.
Washington reports Spiro Agnew retains influence through Tilton H. Dobbin, now Assistant Commerce Secretary, enabling access to major business figures. Dobbin admits financial favors while Agnew seeks deals abroad, though Agnew faces disbarment, back taxes, and possible civil action over alleged bribes as the Justice Department ponders suit and his post political career wanes.
A venting columnist rails at talk shows and cinema as Call Girls turn psychology into farce. He argues doctors chase theories of sex drives while women press social masks, and warns that massage of mind degrades men and women alike.
New York AP reports Carl Madden chief economist at the Chamber of Commerce says the public overestimates corporate profits. A survey shows average manufacturer profit after tax near 4.7 percent last year, far below the 28 percent believed by many. Madden cites journalism and selective reporting as factors in misunderstanding, notes that inflation distorts profits and costs, and warns that public suspicion of business harms its role as an engine of prosperity. He points to Fortune’s 500 showing 21 companies with net losses versus the public’s profit impression.
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