Swallows Herald Spring as NYSE Rally Validates Market Recovery
The NYSE surged to 32.1 million shares in a single day, surpassing the prior record and signaling a strong week. The Dow Jones industrial average rose 37.08 points for the week as volumes hit 145 million shares, with rates dropping alongside. Analysts caution the rise may be temporary, but the overall tone turns optimistic about January’s end and a potential climb out of the downturn.
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New York Stock Exchange
NYSE
Tax on Food Sparks North Carolina Virginia Budget Clash
The 1950s conflict over sales tax on food divides North Carolina and Virginia leaders. Governor Sanford defends the levy as revenue for projects, while Virginia's Godwin argues for tax needed to fund better schools. Holshouser pushes ending the tax by 1976 amid Democratic opposition and balanced-budget mandates.
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Terry Sanford
North Carolina
Virginia
Associated Press
White Sulphur Springs
West Virginia
Sanford
Godwin
Jim Holfhouser
Holshouser
Kenneth Howard
Howard
North
Carolina
Holfhouser
N.C
Senator Ford’s tax plan hints at price rise to save money
The piece mixes political satire and blunt claims about taxes and prices, noting Senator Soaper and President Ford proposing higher prices to curb consumption while Steelers fans celebrate a Super Bowl win and a job loss follows. It lampoons Congressman Sludgepump gifting a stranger a match folder with his plan.
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Ford
Sludgepump
Our Father in Heaven and the Nature of God
Chaplain at Furman University examines how people picture God and argues that God is a personal spirit rather than a distant force. He contrasts views of God as throne sitter, benevolent grandfather, or universal power with Jesus teaching that God is spirit and to be worshiped in truth and spirit.
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God
Earth
Europe
America
Jesus
The Jesuit Schism Threat in Modern Catholicism
A high tension conflict within the Catholic Church centers on Jesuit leadership and evolving theology led by figures such as Pedro Arrupe. Teilhard de Chardin's ideas, modernization, vernacular worship, and celibacy debate fuel possible seismic changes, including potential Jesuit resignation, order suppression, and factional splits across North America and Europe.
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Pedro Arrupe
Paul
Middle America
Teilhard de Chardin
Karl Rahner
Hans Kung
Europe
North America
Teilhard
Playboy
Kinsey
Lawful Rescue of Own Child Sparks Legal Debate
Ted Patrick, a California man known for deprogramming, was tried in Seattle for kidnapping Kathe Crampton after aiding her parents to retrieve her from the Love Israel commune. The judge ruled the act justified by necessity, potentially impacting prosecutions of rescuers and prompting debate over kidnaping, seduction, and cults.
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Federal District Court
Seattle
Ted Patrick
San Diego
Kathe Crampton
Miss Crampton
Patrick
Kathe
James Crampton
California
Federal District Attorney's Office
New York
Children of God
Denver
U.S
Walter McGovern
McGovern
Lave
Commonsense jury verdict in Maryland sinks political blame
A Montgomery County, Maryland jury awarded Barbara Blum and her family 12.355 million in damages against apartment and moving companies for failing to maintain reasonable security after a paroled rapist killed Blum’s wife. The verdict, praised as democratic and humane, challenges prevailing legislative trends and faces appeal.
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Washington, D.C
Carl Sandburg
Mongarmery County
Barbara Blum
Robert Watson
District of Columbia
Watson
George Rasin
Blum
Furniture-Moving Company
Courts of Appeal
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Jeffrey Hart
Third World
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Nixon
Robert Drinan
Massachusetts
Daniel Berrigan
Israel
Vatican
Russell Kirk
Divine Light Mission
St. Paul
Holmes Alexander
Maryland
Danville
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