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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Mar 25, 1975
Page
2
The piece challenges the view that profits are inherently evil and argues inflation is tied to the incentive system. It contends profit regulation would trigger wage cuts and unemployment, stressing profits, jobs, and progress rise together in a productive economy. It cites labor leaders and defends private enterprise as essential to U.S. productivity.
Arch Booth, longtime head of the Chamber of Commerce of the United States, argues federal subsidies preserve weak firms and hinder growth. He warns taxes curb enterprise, urges savings and investment, and notes changes in customer focus, competition, and work incentives while nearing retirement.
Deep in the Bahamas a secret Mark 48 torpedo vanished after sea trials, feared to fall into Soviet hands. Navy and CIA efforts to recover it failed as experts warned the weapon would implode at depth, leaving the ocean bottom as its final resting place.
A reader asks if a daughter named on a mortgage but not on the deed can claim an share of a home if the mother dies. An explained that the mortgage creates liability but no rights in the property. If the mother dies with no will, intestate succession decides the house.
Cornell researchers sent six Detroit auto workers to Sweden to observe three person teams building engines from start to finish without a fixed line. After three weeks on the shop floor, the Americans preferred Detroit’s pace and found the Swedish system cleaner and quieter. Life satisfaction among UAW members appeared high, though workers did not express widespread dissatisfaction with routine.
Dartmouth graduate George R. Sample recalls 1950s New Jersey days leading a Dixieland band and later pivoting to directing. He reflects on the Oklahoma-like surge of early live TV drama, writing for The Kate Smith Show and a Charles Bronson film project while leaving beach cabana work behind.
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