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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Sep 28, 1973
Page
2
An industrialist predicts top management will retire within ten years, encouraging students to seek careers in their own communities. The piece notes a national trend toward small towns, where locals can fit in, participate broadly, and find fulfilling work rather than chase big-city life.
Postmaster General Ted Klassen faces allegations of awarding noncompetitive Postal Service contracts to friends including Martin E. Segal of the Segal Company, who allegedly received a 15 percent finder’s fee from Retirement Advisors, Inc. and a penthouse suit at the Postal Service building, as calls rise for higher postage. The piece also covers congressional debate on pocket vetoes as Rodino clashes with Attorney General Dixon over executive power.
European and Japanese investors increasingly buy sizable stakes in U S firms as the dollar and low stock prices lure foreign capital. Banks and insurers in Europe and Asia acquire or seek control of U S companies across banking, chemicals, retailing and tech, while some firms like Volvo plan new ventures in the United States. Supporters say foreign investment benefits the U S economy, but critics warn of potential risks.
Walter Davenport loses his job after submitting a rosy piece on Mrs. Hamilton Fish leading the suffrage parade. Gene Fowler’s management pressures him for sensational coverage, then a toxic mix of pride and flight leads to a dramatic rescue plan by Mrs. Fish to save Davenport’s position.
Walter Ross announced the Corry Community Chest campaign will run October 19 to October 31, part of the 1953 Red Feather effort. A massive fire at Fogle Lumber on Franklin Street burned four and a half hours, origin uncertain, with crews on scene until 4 a.m. Saturday. Nearby, 50 construction workers walked off the job at Corry Jamestown’s East Columbus plant addition over an Unprecedented dispute linked to a picket line by the Electrical Workers Union. Betty King, a Balt imore traveler, returned from Europe. Local relief work continues with Corry Relief planned for another year after a city meeting at the Municipal Building. Further items cover a dramatic scene involving Davenport and a newsroom ultimatum, ending with the moral about getting fired to succeed.
Publication profile for Corry Pennsylvania daily newspaper lists address West South street, publisher E. Sample, editor Eaton, pressroom foreman McLaughlin, AP service, subscription rates 21.00 yearly by mail, 19.00 in advance, carrier 15 cents per copy, 90 cents daily walk, advertising rates on request, display deadline 9:30 p.m. previous date.
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