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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Nov 26, 1974
Page
2
A critical editorial tone questions President Ford’s claim of a 0 year arms race moratorium with the Soviet Union. It warns that Soviet disclosure is unlikely and notes U S space leadership and rival space access limits. The piece argues against relying on a callow 1976 diplomat and urges steadier leadership.
Federal money and GSA workers continue repairs at Nixon Florida estate Key Biscayne amid debates over costs and compensation. Secret Service and Coast Guard cut back security and patrols as Navy removes shark nets, while Nixon-connected Abplanalp home also receives work. A separate dispatch mocks Washington bureaucracy as a "Fuddle Factory" harming small business.
Paul Harvey critiques Canada tightening immigration and beef exports to protect Canadians. Citing minister Robert Andras, the regime favors job qualifications and language skills, arguing in contrast to the U S open-door policy, where illegal immigration and space limits rise. The piece notes urban strain and calls for selective intake based on need and ability.
Summary of Pennsylvania Juvenile Act 333 guiding care, probation transfer, and cross state jurisdiction. Also notes on joint tenancy for couples, local trash burning rules, and potential court action for nuisance. Ends with national political and banking notes on rising bankruptcy and delinquency trends.
Morgan Guaranty Trust’s Survey shows consumer debt including mortgages up 42 percent from end 1970 to mid 1974, while after tax personal income rose 37 percent. Delinquency rates on installment and mortgage loans climbed. foreclosures near 136,000 annually. American households owed 3577.3 billion midyear, up from 23.4 billion in 1945 and 406.1 billion in 1970. Inflation recession mix strains repayment and raises close monitoring of delinquencies.
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