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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 29, 1966
Page
18
In Jakarta a retired official notes possible gains by 2000 but pessimism grows over a fragile economy. Despite vast resources including quinine, pepper, tea, tin and coffee, Indonesia remains poor with 2.4 billion dollars in foreign debt and high interest. In Solo, central Java, women work long hours as poverty persists.
The piece argues that 63 year olds face bleak job prospects despite willingness to work. It highlights high long term unemployment among seniors, widespread age discrimination, and the social cost of stagnating earnings. It cites Mrs. Geneva Mathiasen and data on life expectancy, poverty, and retirement trends.
Sen John Sparkman says demand for TVA power justifies $1 billion in additional revenue bonds to fund growth without large federal grants. He notes TVA has paid $308 million to the U.S. Treasury since 1959 and may pay up to $60 million yearly in the coming years. The House passed a six year bond authorization.
The schedule lists a Thursday route starting 9:00 at Antioch Baptist Church and continuing to Belle Mina Ing lis' Store Capshaw Fos ter's Store Copeland Mc Dole's Store with a lunch break at 11:45 and a final stop at Fairmont Old School.
The Athens Limestone County Chamber board voted at a noon luncheon to hire an architect for a preliminary design for a new chamber building. An option on a 165 by 165 foot lot in front of the post office is held, with Allen Beasley of First National Bank agreeing to sell the property for 25000 dollars. The cost of the building remains undetermined as plans are in the early stage.
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