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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jul 19, 1973
Page
3
A reader asks if borrowing at today's high rates is wise. The guidance suggests borrowing if funds are needed for a clear purpose and credit is available, noting that inflation and costs may influence the decision. The answer emphasizes assessing necessity and access to credit.
Today's winner is Stuart Cohen aged 10 of Norfolk Virginia. The note recounts how after the American Revolution the capital US was chosen, the site near the Potomac River, the 10 mile square District of Columbia, and the city Washington named for George Washington. It mentions L Enfant and early government moves to the federal city. It also presents quiz questions and a long discussion on borrowing costs and tax considerations.
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