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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Sep 14, 1972
Page
2
The state pursues out of state mail order cigarette sellers with a $1.80 per carton tax and bills Pennsylvanians who bought by mail. Prosecutions have begun against 27 firms. thousands of names are listed. Critics call the tax excessive and question the cost of enforcement.
Washington dispatch notes President Nixon may ease his Cuba policy after the election, resuming trade once the OAS votes to lift the boycott. If Cuba trade normalizes the Kremlin faces reduced costs, while Nixon seeks a quid pro quo with Moscow on Vietnam. The piece also covers Patman’s pursuit of a national bank charter linked to Dwayne Andreas, campaign finance questions, and a fast tracked Ridgedale National Bank charter.
The mutual fund industry, now managing about 57 billion dollars across 11 million accounts in roughly 400 funds, faces a rethink after decades of growth. Redemptions exceed 10 percent of assets while purchases stay above 5 billion yearly. Executives like Anchor Corp. VP Jack Rogers urge new investment vehicles and closer integration of tax, insurance, and estate planning to serve the increasingly sophisticated small investor. The Corry Journal invites brief reader submissions on one subject with signature and address.
A reader from Detroit questions whether age ratings for movies define adulthood or merely reflect social rules. The piece argues youth and age are shifting targets while laws and norms clash over driving, voting, drinking, and marriage. It laments aging expectations and the pressure on adolescents from parental and legal standards.
The author notes industry noise disturbing Corry’s quiet, with a warehouse and Aero-Flow Dynamics nearby. An industrial zoning plan risks preserving little of the antique house’s charm as the area modernizes, with weak underpinnings and a tilted stairway.
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