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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 22, 1973
Page
2
Lawrence Daily Journal World, published daily except Sunday, serves Lawrence Kansas with contact at Sixth and New Hampshire Streets and phone number 843 1000.
Kansas becomes a growing lake state with rising boating activity and casualties. The piece argues for a mandatory boat operator license similar to driving tests, addressing safety and training gaps while noting opposition about enforcement, administration, and tourism effects. It cites Perry and Clinton lakes and urges careful, gradual implementation.
Reporters note a 1973 Derby winner was disqualified for a built in electro magnetic system that tugged at the start gate. Bret Harborough of Elk Grove California is named new champion amid questions about adult involvement and ethics. The piece also critiques U S athletes in Moscow with complaints about conditions and attitudes mirroring Munich 1972 frustrations.
New York AP reports interest rates likely to climb further after a record summer rise. The prime rate rose to 9 1/2 percent with expectations it could reach 10 percent or more as demand for money remains strong amid inflation fears and a tightening money supply. Economists cite corporate borrowing, inflation, and mortgage access issues as drivers, signaling a potential money crunch.
An AP report from Falls Church Virginia details shoppers facing high meat costs and scarce beef at a Lee Highway Safeway. Workers describe crowding, high prices, and planned budget cuts while customers plan gardens and switch to house brands.
A Topeka centennial observance highlighted the 1863 Quantrill raid on Lawrence with dignitaries including historian James Robertson. Local figures were noted, and library and Republican party activities were also mentioned along with a prayer.
Chinese Communist leaders held a high level meeting in Peking amid fear and suspicion of the Soviet Union. Moscow pressure likely prompted calls to stabilize the regime with a defense minister in place and clearer succession guidelines for Mao Tse-tung.
Sumner County Kansas harvested 15.56 million bushels of hard winter wheat at an average 40 bushels per acre. Prices topped $5 a bushel earlier, lifting farm finances as farmers invest in equipment and pay down loans. Some expect higher prices and more profits next year, with much wheat still unsold.
The essay argues government price controls and tariffs enable theft by disguise. It likens law backed coercion to private robbery and questions ethics of public policy. The author cites Bastiat to demand repeal of laws that take from some to give to others and erode individual rights.
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