Taxes must rise to fund new public services say economists
Federal Reserve Board member Andrew F. Brimmer told a Middlebury College audience that taxes must go up as the treasury lacks funds for expanding social programs. He warned that depreciation liberalization could cut business taxes and shrink public revenue, leaving federal, state, and local budgets tight through 1975. Brimmer urged cutting outdated programs to preserve the tax base for essential services.
MENTIONED IN THIS ARTICLE
Andrew F. Brimmer
Federal Reserve Board
Middlebury College
Treasury
GNP
Okinawa Accord Nears Signing Amid Key Unresolved Issues
The Okinawa accord set for signing next Thursday seeks Okinawa return to Japan but leaves three major questions unresolved. It tackles civil airport use, Voice of America broadcasting, and waivers of claims by Japanese citizens from the Ryukus occupation after 1945.
MENTIONED IN THIS ARTICLE
Okinawa
Japan
Voice of America
United States
Ryukus
Peking
Soviet Union
Sakhalin
Pacific
Letter for Liberty Sermon on Onesimus and Freedom
A sermon traces liberty from Moses and Pharoah to Paul and Onesimus. It highlights Paul's plea for mercy, turning slave into brother in Christ, and links to Jefferson and the Declaration of Independence. The speaker urges Christlike deliverance from tyranny and racism for modern times.
MENTIONED IN THIS ARTICLE
Moses
Thomas Jefferson
Onesimus
Paul
Rome
Jesus
Philemon
Asia
Christ
Apostle
Paul the Apostle
Lord
Nazareth
Consummation Of Smith Richardson Building In Greensboro
The dedication of the Smith Richardson Foundation headquarters north of Greensboro honors its founder and features governors Hodges and Scott. The new structure also houses the Center for Creative Leadership and the North Carolina Leadership Institute, raised by the parent foundation to support leadership development. The wooded site overlooks Lake Higgins nine miles north on Highway 220. The ceremony praised the foundation’s public service and questioned primacy among the occupant agencies while celebrating Richardson’s legacy and impact on North Carolina leadership.
MENTIONED IN THIS ARTICLE
Capus Waynick
Smith Richardson
Greensboro
Smith Richardson Foundation
North Carolina
Luther Hodges
Robert Scott
Center For Creative Leadership
The
North Carolina Leadership Institute
Center of Creative Leadership
Lake Higgins
Bumper clash pits automakers against underwriters
Industry insiders reveal a developing conflict as automakers and auto insurers spar over bumper safety. The Insurance Institute for Highway Safety under William Haddon pushed haddons horrors films, showing heavy bumper damage at low speed. GM and Ford reportedly lobbied amid private talks on the bumper crisis.
MENTIONED IN THIS ARTICLE
Washington
Insurance
Insurance Institute For Auto Safety
Institute
William Haddon
Detroit
Ciary
General Motors
Ford
U.S. Auto Makers Weigh Reactions to Bumper Regulation
Ford and American Motors press insurers with letters and calls as they oppose federal bumper rules. Henry Ford II met Nixon on April 27 to discuss regulation problems. Chrysler stays public, while Detroit executives urge retaliation against insurers. Car makers deny concerted efforts to oust or counterattack Haddon. They warn it will take time to gear up.
MENTIONED IN THIS ARTICLE
Washington
Ford
Henry Ford II
Nixon
American Motors
Chrysler
Detroit
Haddon
Les Whitten
Flag Day prompts reflection on American system resilience
Observers including Stewart Alsop warn of strain on the American system as Flag Day nears. The piece notes the flag’s historic symbolism and Honor America Day aims to foster unity amid youth rebelling for change. It also covers AMBUCS mortgage burning at French Lick and a revived Chautauqua movement with lectures and performances.
MENTIONED IN THIS ARTICLE
Stewart Alsop
Oliver Wendell Holmes
Alsop
United States
America
Ambucs
French Lick
Indiana
Sammy Lambeth
Danville, Ill
High Point
U.S
William Jennings Bryan
Mme
Ernestine Schumann-Heink
American Association For the Advancement of Science
Also Mentioned on This Page
High Point Enterprise
Brimmer
Congress
Richardson
Annapolis Naval Academy
Battle Merry
By Jack Anderson
Holt McPherson
Berry’s
Egypt
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