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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 25, 1975
Page
2
Journal-World editorial argues Social Security faces near bankruptcy with reserves shrinking from 17 years to nine months. It blames Congress for boosting benefits and vows to push taxes higher or rely on general revenue, warning that the program now covers more groups beyond the original retirees.
A White House source says President Ford rehearsed his January 13 television speech six times and reviewed tapes to craft a strong image. Robert Hartmann notes the focus on demeanor and previews over substance, urging leadership and clear action on national challenges.
Washington columnist analyzes how the Jackson and Stevenson amendments undermined the 1972 U S Soviet trade pact. Moscow balked at Jewish emigration limits while demanding larger credit backing for Soviet development, highlighting tensions between Congress and executive foreign policy and Kissinger’s diplomacy.
The author argues against wage and price controls citing historical precedents from Rome Antwerp and France, warning that government overspending and labor or cartels push up costs. He links these ideas to modern Congress and U S Chamber of Commerce concerns as Valley Forge memories surface.
Washington observes turmoil as Freshman lawmakers clash over committee chairmanships in the House Democratic Caucus. The power struggle centers on Rep. Henry Reuss backing Rep. Wright Patman rival and suspicions of pragmatic alliances between reformers and anti-reformers. The turbulence risks paralyzing leadership and fueling a seniority-free bartering system.
Washington reports a blazing building as Fire Chief Gerry Ford and his advisers debate tactics. The scene includes a rivalry over saving people versus saving the structure while the fire brigade arrives to assist.
The World newspaper in Lawrence Kansas lists editor W C Simons and publishing dates 1891 to 1952. It provides subscription rates by carrier and mail for Douglas County and surrounding areas, Kansas counties, and nationwide, with annual and monthly options.
January 25 marks several historic events 1915 the first long distance telephone message from New York to San Francisco Bell speaks from New York to San Francisco 1579 the Union of Utrecht forms the Dutch Republic 1802 Napoleon becomes president of the Italian Republic.
Austerity is the keynote from mayors governors and the President as spending tightens in politics business and daily life. The pace of credit use slows unemployment rises and forecasts turn downward with potential late year upturn doubts.
President Johnson's budget requests 14.55 million dollars for four Lawrence water and flood control projects including 13 million for Perry Lake 1.2 million for local flood protection 325000 for Clinton Lake planning and 2000 for Kaw seer navigation study. J Alan Sanders named pathologist and director at Lawrence Memorial Hospital. Woolworth store in downtown Lawrence planned for spring 1966. Alger Hiss sentenced in New York. Red Cross blood storage first offerings from Reuters Organ Co. Scout leaders named in Raw Boy Scout Council. U S Highway 59 to pass through Lawrence on route from Canada to the Gulf old 73 W. Huey Long plot uncovered martial law in Baton Rouge.
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