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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Aug 03, 1965
Page
7
Sylvia Porter argues 1965 Social Security reform marks a new era where benefits rise 7 percent for retirees while taxes rise in 1966 to fund larger funds. The timing aims to spur near term growth without immediate tax hikes, signaling a broader government role in stabilizing booms and busts.
American Motors Corp reports nine month net earnings of 18.24 million versus 25.98 million a year earlier and cuts the quarterly cash dividend to 1.22 dollars per share. Per share earnings drop from 1.37 to 0.96, while nine month net sales total 762.16 million against 861.29 million previously. In the April to June quarter, net sales are 239.96 million with 6.93 million earnings versus 264.76 million and 7.42 million a year ago.
A La Crosse Tribune exclusive booklet outlines Medicare provisions for seniors over 65 including hospital care up to 60 days and nursing home care up to 100 days plus home visits and outpatient tests. Veteran journalist John Troan explains the new law in plain newspaper language and offers ordering coupons for the handbook and planning chart.
Customer orders copies of YOU VE GOT COMING FROM MEDICARE AND SOCIAL SECURITY at $1 each. Payment enclosed by check or money order. Include full name address state ZIP and make payable to Medicare.
Milwaukee man Andrew E. Kropp 45 died after a ladder toppled while he crossed a passage at the AMC plant during a shutdown. The incident occurred Monday as Kropp, a part time painter, was working near the St. Stanislaus Catholic church convent.
The Experimental Aircraft Association opens its 12th annual fly-in at Greater Rockford Airport. About 450000 air enthusiasts are expected. 66 home built and 27 vintage aircraft have arrived. A Sunday rally judged 43 crafts on speed and fuel use with top scores for a pre 1941 Ryan monoplane and a Liberty Sport Model A. Governors Kerner and Knowles plan to attend Friday Governor’s Day.
The text argues that graduate schools increasingly prepare graduates for narrow fields. It notes scientists doctors lawyers and accountants focusing on single segments of their disciplines to meet specialized demands.
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