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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 07, 1968
Page
5
A damaged OCR fragment from Lubbock Texas dated December 1968 presents a pledge allegiance text to the United States of America with misspellings and garbled lines. It indicates a Saturday morning edition and shows standard civic phrasing despite errors.
A Thursday night gathering of 31 Amarillo residents and 29 Lubbock leaders discussed West Texas cooperation across civic economic educational and political fields. The group urged wide participation from Wichita Falls Abilene Midland Odessa El Paso and planned a second Amarillo meeting after year’s start with a joint five man from each city committee.
Open for personal inspection by Lubbock and area citizens today and tomorrow the First National Bank unveils its new quarters at 1500 Broadway in a 15 story building. The Pioneer Natural Gas Co. shares the edifice but the bank’s area is ready for occupancy while other sections are not yet complete.
The Pentagon reports that the Army’s lower standard enlistment plan yields strong results with 91 percent of volunteers and draftees becoming first class soldiers, 84 percent promoted, 96 percent completing basic training, and only 3 percent court-martialed. This challenges doubts about manpower waste and shows disciplined, well-educated recruits amid poverty-scarred youth.
Article notes banks raise minimum corporate loan rates from 6 to 6 1 4 percent amid higher money costs, with Federal Reserve policy cited. It cites rising consumer prices, wage adjustments in unions, and forecasts a possible 1969 recession while stressing current business strength and price trends.
The column jokes about inflation making people owe money and laments rich foods causing indigestion. Gertrude Leigh notes appetite temptations and asks why rich dishes provoke discomfort amid rising prices.
A Nixon cautious on tax reform faces oil and gas donors influence while Congress delays change. Johnson also blocks reform, keeping 10 percent surcharge and rising Social Security tax amid a broader debate on tax loopholes and wealth benefits.
The piece argues the Nixon administration should halt costly programs and rapidly sell excess federal land to restore solvency. It notes vast holdings by Defense in states like California and Alaska, cites reports from the Hoover Commission, and calls for expedited sale of surplus land to release billions and reduce bureaucratic inertia.
National trend pushes fish and chip shops to grow with H. Salt esq. leading 54 West Coast outlets and planning a franchise. Most outlets price at $1 for fish and chips with beverages. Typical shop yields $90 000 to $150 000 yearly in six to eight hours daily with labor 12 to 17 percent and food cost 30 to 35 percent. Maury Katz notes the business is more complex than it appears and hinges on timing and breading quality.
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