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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Mar 16, 1971
Page
3
The readable portions describe a draft nationalization effort and interior agency lines, referencing inland and coastal regions. It mentions proposals, possible salmon and crab issues, and unspecified ages or stages, with scattered capitalized terms implying institutional or geographic entities but lacking clear actions or outcomes.
Harrisburg AP reports Walter G. Arader, a Republican named to run the Commerce Department, says new taxes totaling $500 million could benefit business. He argues the tax package may lift industry, noting Pennsylvania’s universities, transport, and culture will continue to attract investment. The plan raises capital stock taxes, ends exemptions, and increases corporate net income tax while cutting the income tax rate. Arader faces confirmation delays amid GOP establishment ties and a heated legislative feud. He insists taxes can spur productivity and efficiency.
Cosmopolitan National Bank uncovered a shortage as high as six to seven million dollars. An employee and a customer are under FBI scrutiny after the loss, tied to checks written from a corporate account. The bank reports good liquidity and will complete an audit to determine the exact amount.
Congress pressed to bypass rules to speed a $5 boost for Social Security beneficiaries and ensure government bills are paid on time. Conferees merged two bills, delivering a 10 percent across the board increase retroactive to January 1 for 26 million beneficiaries.
The Oil Creek Valley Joint Planning Commission will study establishing a Pennsylvania State Police substation to serve Titusville and nearby areas. The group will contact State Police HQ and Governor Milton Shapp to assess feasibility, noting current substations are far in Crawford County and surrounding areas, delaying emergency response.
In Wilkinsburg heavy winds cut power to homes and shops. A local merchant kept customers shopping by handing out flashlights, insisting shoppers could continue their rounds despite the darkness. Shop Your Corry Stores.
The Nixon administration will treat Okinawa’s return to Japan as a treaty issue needing two thirds of the Senate for approval, bypassing House trade protectionists. State Department favors revising the 1951 Peace Treaty for a 1972 return, with plans to complete an initial draft by early summer as U.S. and Japan finalize procedures while military bases continue.
Albert Gallatin School Board votes unanimously to ask the U S Supreme Court to allow prayers and Bible readings over public addresses in Fayette County schools. The Third Circuit rejected a similar request, citing establishment clause violations. An appeal will be filed within 90 days. About $3,000 has been raised to fund the court actions. roughly 100 people attended.
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