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Newspaper
Delaware County Daily Times
Location
Chester, Pennsylvania, United States of America
Date
Jun 07, 1960
Page
3
Community leaders urge a second look at highway solicitations by youth groups and fire companies. They warn of dangers to children and drivers, note high sums at major intersections, and suggest alternatives such as United Fund drives or tax-based support. They argue the practice risks lives and ethics, urging safer, honorable fundraising methods.
An editorial warns that a surprise nuclear strike on Delaware County could leave few survivors. Springfield Township, led by Louis Wagner, shows strong Civil Defense, yet only 30 residents attended a recent talk on fallout survival amid rising population from 10,917 in 1950 to 26,748 today. The piece argues widespread apathy toward preparedness endangers all communities.
The payola investigation centers on entertainment figures and whether the practice constitutes bribery. The debate distills to three sharp questions about the motives and legality of payments, with testimony offering foggy and obscure viewpoints.
The column answers readers on capital gains tax when stock is gifted, noting the cost basis rules and market value at the gift time. It explains deduction limits, then shifts to a plain explanation of annuities, their payments, and what happens on death, including the newer variable annuity tied to stock performance.
The Ladies Auxiliary of the Good Will Fire Co plans its regular meeting Thursday at 8 30 pm at the firehouse and members taking part in Saturday's Media parade are asked to attend to pick up uniforms. Also the Past President Organization of Wilde Circle No 129 Ladies of the GAR holds its annual banquet at Naaman's on the Delaware Wednesday at 8 30. all members should attend.
Sylvia Porter argues that typical American families and individuals enjoy higher real income in the 1960s than any prior era, both before and after taxes, in constant and current dollars. She cites Commerce Department figures showing rising middle incomes, more households above $4,000 and $6,000, and a shift from under $2,000 to over $10,000 classes, driven by wages, dividends, and social programs.
Questions cover Delaware battles at Cooch's Bridge, first impeachment efforts against John Tyler, St Lawrence Seaway aims of transportation and hydro power, Jean Lafitte’s fate after pardon, and HJ initials meaning hic jacet on old headstones.
The United Arab Republic may gain access to U.S. dollars through an ICA program guaranteeing convertibility of UAR pounds. Policy aims to expand U.S.-UAR trade, backed by a $50 million economic aid plan and a $75 million World Bank loan to widen the Suez Canal. Senator Fulbright and State Department officials shaped discussions amid broader Cold War trade and aid moves.
The United States Post Office faces a projected 603 million dollar deficit for the year ending June 30 and seeks a 394 million dollar rate increase. Deficits stem from second and third class mail losses, with modernizations and a large lease-purchase style post office building program reshaping the system without new congressional appropriations.
Monarch Books launches perfume bound paperbacks using jacket scents after printing. Three film based titles lead with Chanel style notes and future plans include leather, floral, and edible aromas. Readers joke about scent choices for classics and modern novels alike.
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