Credit Card Economics at National Level
Budget Director Maurice H. Stans warned that Congress considered 20 major House spending bills and 20 in the Senate for new programs totaling over 326 billion dollars across five years. He said passing these would add 50 to 60 billion dollars yearly to outlays, dubbing this "credit card" economics. He urged eternal vigilance as defense against national bankruptcy.
MENTIONED IN THIS ARTICLE
Maurice H. Stans
Congress
House
Senate
TAX RITE OUTLINES DEEPER SOCIAL SECURITY TAX HIKE
On January 1 1960 social security taxes rose to 6 percent on the first 4800 of earnings and will jump again in 1963 1966 and 1969 until employer and employee pay 414 percent each for a total of 9 percent The Your Taxes publication argues the system has deviated from its purpose noting proposals like the Forand Bill to fund care for beneficiaries would require further tax hikes The trust fund stood at 21 5 billion at year end and disbursements have exceeded tax receipts warning of heavy tax increases to preserve the program and asking if taxpayers want more of the same.
MENTIONED IN THIS ARTICLE
Taxpayer Association
Oregon
Forand
Weekend visitors and local notices in Greensboro area
Greensboro readers note visits from Harrisburg Pa. and Frederick Md. families, relatives in Baltimore and Wilmington, plus guests from Seaford Kenton and Milford. Community events include WSCS bake sale February 27, Cub Scouts Blue and Gold Banquet February 27, and Town and Country Club program March 7 on Juvenile Court at the Greensboro Fire Hall.
MENTIONED IN THIS ARTICLE
Ray Breeding
Memorial Hospital
Easton
WSCS
St. Paul's Methodist Church
Butler’s Hardware
Milton Holden
Local Notables Share News From Ridgely Area
RIDGELY Miss Mary Rickards is home from the hospital. Mr. and Mrs. Lester Lawton and family moved from the Ridgely House to First Street. Mrs. Wm. Benson of Washington, D. C. visited her sister Mrs. Mary Davis. Mr. and Mrs. Frank Hobbs and family of Salisbury called on Mr. and Mrs. James Sculley. Several others including Calvin Covington and his daughter Barbara A. Covington, and Mrs. Harry Grubb, were mentioned in recent social visits and returns. WAC Martha Ross spent the weekend with her grandmother Kate Ross before returning to Ft. Bragg.
MENTIONED IN THIS ARTICLE
Mary Rickards
Lester Lawton
Ridgely House
First Street
Wm. Benson
Washington, D. C
Mary Davis
Frank Hobbs
Salisbury
James Sculley
Arthur Porter
Williston
Wm. Baughley
Goldsboro
Bertha Ellers
Norman Walls
Harrington
Calvin C. Covington
Barbara A. Covington
U. of Md
College Park
Harry Grubb
Kennard Cook
Mamie Cook
Deers Head
Oscar Willey
Concord
Marvin Redden
Ray Messix
Cordova
Joseph Richardson
Tom Swann
Florida
W. E. Denise
Wallace Wroten
Hollywood
WAC
Martha Ross
Kate Ross
Ft. Bragg
N. C
Edward I. Dansereau
Huntington
W. Va
TAX FACTS FOR THE HOMEOWNER No. 4 Buying, Selling Or Improving Your Home
Tax guidance outlines profits from selling a primary residence and how moves to new homes affect taxes. It covers capital gains rules, the 18 month replacement period, deductions for mortgage interest and property taxes, casualty losses, and how improvements affect basis. The piece emphasizes keeping detailed records and notes local notices and community names.
Local residents host weekend social visits
Hickman reports Friday overnight guests for Mr. and Mrs. Harry Gilbert and Mr. and Mrs. Raymond Cannon at Mrs. Gilbert's home. Greenwood visitor Mrs. James Drummond stays with Mrs. Lawrence Drummond. Donald 3d and Cindy join Donald Messick family on Saturday. Irvin O Day hosts and hosts Friday. Mrs. Trice visits Wilmington, improving after hospitalization. Woodrow Passwaters from Georgetown spends weekend with Isaac Noble family.
MENTIONED IN THIS ARTICLE
Harry Gilbert
Raymond Cannon
Mrs. Gilbert
Charlie Stevens
James Drummond
Greenwood
Lawrence Drummond
Donald MacDonald
Donald 3d
Cindy
Paul Messick
Irvin O
Isaac Noble
Clarence Breeding
Ralph Trice
Wilmington
Raymond Fisher
Community News Roundup from Henderson Area
Day afternoon visitors included Mr and Mrs Wilmer Nagel and Dale of Federalsburg. Mrs Bill Cody was Sunday guest of Mrs Irvin O Day and Mr and Mrs James Drummond and Linda of Greenwood. Preston Beauchamp and family were guests of Lawrence Drummond. Floyd Messick had surgery at Milford Memorial Hospital last week and is hoped to recover. Many folks remain home with colds. Alton Breeding and children visited his mother Ieila Breeding. T A Montague and family visit Dover grandchildren Donald and Ricky Palmer while William Palmer and wife stay in West Palm Beach. Fred Evans and Richard Roden called on Rev Williton Hawkins in Salt Pond. Norman Neiherster visits relatives in Waldorf. Roy Marvel of Sadlersville visited Norman Grifith. Sewing Circle met at Miss Annabel Clark’s. W F Clark and Annabel Clark visited Howard Clark in Salisbury. Gaylord Durham and sons visited Leonard Durham in Chesterville. Harry and Amanda Anderson visited Pearl Jones in Malvern. Pearl Jones spent Sunday evening and Monday in Wilmington. Subscribe for Mine Journal.
MENTIONED IN THIS ARTICLE
Myron Smith
Pocomoke City
Jesse Smith
Robert Karcher
Milford
Harry Karcher
Marcellyn Bennett
Larry Pearson
University of Maryland
Luther T. Bennett
Chick Pearson
Paul Dobson
Glenn Wyatt
Lois Russell
Call
Wilmington
Quentin Wyatt
Paula Jean
Tommy
Radnor Green
William Wyatt
William Towers
William Cummings
Seaford
Albert McCauley
Woodcrest
Del
Wilson Jump
Paul Burke
Waverly
Alan Thornton
Edgar Harman
Marydel
Vernon Blades
William L. Cummings
Mildred Ginn
Atlantic City
N. J
Leah Bates
Townsend
Lillian Ginn
Doris Kemp
Mason O'Neil
Pasadena
Herman Kemp
Tech
Donald Travis
West Hampton Beach
N. Y
Nelson Bishop
Bill Cody
Irvin O'Day
James Drummond
Linda
Greenwood
Preston Beauchamp
Terry
Lawrence Drummond
Floyd Messick
Milford Memorial Hospital
Alton Breeding
Ronnie
Robin
Andrewville
Ieila Breeding
Nev
Norman Neiherster
Waldorf
Roy Marvel
Sadlersville
Norman Grifith
Annabel Clark
W. F. Clark
Annabel
Howard Clark
Salisbury
Gaylord Durham
Leonard Durham
Chesterville
Harry Anderson
Amanda Anderson
Malvern
Pearl Jones
Also Mentioned on This Page
Denton Journal
Melvin & Johnson, Incorporated
Benjamin F. Johnson, SR
Benjamin F. Johnson, JR
Malcolm Melven
Market Street
Denton
Maryland
Caroline County
National Editorial
Asslocatio
Greensboro
Virginia
D. Towers
Foster P. Hopkins
Harrisburg
Ellis Murphy
Bruce Crouse
Frederick
Fred Monroe
Nelson E. Draper
Paul Meredith
Baltimore
Alfred Blackburn
Ed. Weaver
Town
Robert Edge
Frederica
Harry Snyder
Woodside
Amos Minner
Harry Draper
Robert Draper
Amy McCauley
Eugene Wood
Brookhaven Estates
Harry Williams
Gladys Palmer
Eulalee Hutchins
Milton, del
Grace Vernon Smith
American Institute of Certified Public Accountants
Maryland Society of Certified Public Accountants
Internal Revenue Service
A. Orrell Saulsbury
Harriet Reed
Saulsbury
Irvin Blockston
Mr. Blockston
Amelia Blockston
Edward Lusby
Alice
Chestertown
Clarence H. Sutton
James Lewis
Ridgely
W. T. Temple
Fred Hess
Philadelphia
James S. Wilson
Elsmere
Alex Dawson
H. I. Koenemann
Mary Wharton
H. Ennis Ferrick
Harry Klotz
A. S. Thompson
Davis Wilson
Elma Wilson
Richard Blackburn
Queen Anne
Clinton Stoops
Connie Stoops
Lawrence Lane
Hickman
Susie Noble
Wilmer Nagel and Dale
Federalsburg
Henderson
Catherine Melvin
Mrs. T. A. Montague
Donald and
Ricky Palmer
Fred Evans
Richard Roden
Williton Hawkins
Salt Pond
Mine Journal
the Consumer Credit Department of
The
Denton National Bank
Denton National
Consumer Credit
Consumer Credit Department
Denton, Maryland
Member
Federal Deposit Insurance Corporation
Olds
Oldsmobile
Eben
J. W. Hallowell & Sons, Inc
Federalsburg, Maryland
Perry
Abc-Tv
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