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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 24, 1966
Page
14
A 1966 analysis notes Social Security retirees face eroding buying power as costs rise. It contrasts 1950 and 1940 benefit levels with present values, showing real income declines despite nominal increases. The report warns that fixed incomes cannot keep pace with inflation, stressing the need for outside savings.
The passage notes David Crisp from Tulsa wins a Britannica Junior Encyclopaedia contest and explains sun science. It describes the sun as a star nearest Earth, not burning but energy from heat and pressure, its center temperature, and the solar material sharing Earth’s elements.
The piece argues rising Social Security benefits and retirement tests will pressure workers with higher taxes to fund broader benefits. It calls for outside income sources like savings and investments to secure dignity in retirement, warning of corporate pension expansion and the need for supplemental plans. Distributed 1966 by The Hall Syndicate, Inc.
A set of three riddles asks how a wooden barn became stone and what a great explorer saw on his right hand, plus what a boy mistook for a cow's nest. The answer reveals a rock wind, five fingers, and a boy misreading milk bottles as a nest.
Auburn University invites sealed bids for an 80 by 54 foot pole type hay storage and feeding barn at the Tennessee Valley Substation Belle Mina Alabama. Bids due May 30 1966 at 11 00 A M CST with 5 percent bid bond. plans $10. right to reject bids reserved. public access to plans and specs.
Senator John Sparkman of Alabama hailed the resumption of Small Business Administration loans set for Thursday. He spoke to the National Small Business Advisory Council during National Small Business Week May 22 28 urging state action to form development companies and noting SBA leverage of one dollar spurring over twenty local dollars.
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