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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 26, 1975
Page
2
The General Assembly struggles to set a budget for the next fiscal year amid persistent unwillingness to trim government spending. The state mirrors the federal approach of taxing heavily to finance continued expenditures, a pattern likened to the Roosevelt era.
An editorial tirade argues welfare recipients and state employees protest for higher pay near the capitol, mocking 30 percent raises and portal-to-portal pay. It criticizes Democratic leadership for failing to control factions over funding private schools, predicting recurring tax and spending battles and a possible voter turn in the next year election.
Capitol Hill gears up for defense authorization as lobbyists push for dollars. Veterans, contractors, and lawmakers shape pork with Pentagon brass, while officials move between government and contractors. Notable figures include Earl Morgan, Phillip Kelleher, George Norris, and Hyman Rickover amid a wider money trail rumor.
Paul Harvey argues that bus integration reflects parental desire to improve children’s lives, not race. He notes district resistance, 300000 spent to integrate 17 schools, results showing 60 percent white to 80 percent across. busing appears to resegregate. Meanwhile banks face heavy disclosure limits under National Bank Act. regulators underscoring secrecy in bank examinations.
Public officials debate privacy and disclosure as banks collect bi monthly loan reports amid bank insolvencies and redlining concerns. Economists note limited data exists publicly such as Statements of Condition and bank trust department stock activity, while calls for broader release face equity questions.
In New York, the reorganized World Football League may lack TV exposure for its second year starting July 5. Eddie Einhorn of TVS doubts involvement, calling it a tough sale, while a WFL spokesman notes sponsors finding it hard to sell and mentions possible air time purchases by the league itself. The opening game is San Antonio vs Southern California on July 5, with regular play from July 26 to January 11.
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