Pension funds pose risk of union control and socialistic drift
The column warns that private pension plans total about 100 billion, split evenly with Social Security and government plans. It argues union investment growth could let unions control large pension sums, potentially shaping economies and industries while taxpayers subsidize these benefits. It proposes phasing out corporate tax deductions for pensions and encouraging individuals to invest in personal annuities via a 20 percent income deduction to secure self reliance.
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Anita Stewart Dies Silent Star at 59 in Beverly Hills
Silent film icon Anita Stewart, 59, died Thursday in Beverly Hills. Her sister Lucille found her unconscious. a fire crew gave oxygen but she died at a nearby hospital. Stewart, later Anita Stewart Converse after marrying George Converse in 1929, had a waning career after sound films but revived briefly as a vaudeville singer. Notable roles included The Goddess and Never the Twain Shall Meet. Autopsy pending. coroner reported. Also noted Eisenhower’s Augusta visit with his first post‑rank military salute from a band.
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