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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 20, 1974
Page
2
The June PSBA magazine argues tenure laws shield teachers and hinder dismissal, citing a 1972 study showing only 65 dismissals in 30 years amid about 100,000 tenured teachers. It reports poll data showing public disapproval of tenure and questions the impact of reforms on job security and due process.
An elderly widow asks if her $5000 savings held in three names must be probated. Advice: if titled as joint tenancy with right of survivorship to her sons, ownership passes to them with no probate. Still due is 6 percent inheritance tax on the transfer. Life insurance proceeds to sons escape probate and inheritance tax. Ensure bank accounts are joint tenants rather than tenants in common.
Washington journalist Jack Anderson recounts the 23 jurors who heard Watergate evidence in secret and voted in 1973 to name President Nixon an unindicted co conspirator. The piece details jurors’ backgrounds, questions, tensions with prosecutors, and their determination that Nixon was implicated in the cover up and related conspiracy.
Paul Harvey notes Bernard Baruch’s advice to buy when others sell and sell when others buy, arguing today’s market offers bargains as earnings multipliers range from two to seven and a half. Despite high rates and inflation, dividends rise, unions pressure profits, and 30 million Americans still own stocks while many industries show growth.
A columnist vents over the postponement of a proposed firecracker ban and new safety rules, arguing the Consumer Product Safety Commission caved to international and domestic fireworks interests. He warns taxpayers feel defrauded as inventories worth 50 million dollars risk being released, endangering children and the public.
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