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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Apr 04, 1974
Page
13
Washington AP reports wholesale prices rose 1.3 percent in March after a 2.1 percent fall in farm products and processed foods. Industrial commodities led gains with metals and fuel, lifting the overall index 19.5 percent year over year. Retail-level inflation expected later.
The committee staff’s findings accuse President Nixon of underpayments in his taxes over several years. They challenge deductions for prepresidential papers valued at $576,000 and capital gains from San Clemente property, noting taxable gains and disallowed business expenses. The report urges adjustments including various disallowed deductions, additional taxable income from personal use of government flights, and corrections to real estate transactions affecting 1972 taxes.
Washington reports Nixon agreed to repay 432,787.13 in income taxes plus interest potentially reaching 465,000. A Congressional staff review suggests underpaid taxes totaling 476,431 for 1969 to 1972, with various adjustments including disallowances of gifts, gains, depreciation, and deductions. The staff also notes gains withheld on San Clemente property, New York cooperative deferment, and income considerations from property improvements and air travel.
Emery Sapp and Sons Inc of Columbia appears as the low bidder at 16185 for Teal Lake sanitary district sewer serving eight sites in southern Mexico. Other bids ranged to 39615.30. district to be funded by benefiting property owners and tie into the Teal Lake main and lift station. Athletic banquet awards listed for Wellsville-Middletown R-1 students. Jim Hall named Community Betterment Specialist for Missouri Northeast Area.
The Senate Watergate committee voted unanimously to ask the CIA to declassify all documents relating to possible connections between the agency and the Watergate break in and cover up. The move aims to widen transparency on the investigation.
The Senior Citizens Housing project in Centralia advances with April 1 City Hall meeting, Curtis Kritz leading fundraising efforts, about $4,000 of $7,000 raised, and a four member committee including Paul Jones Walter Young Mrs Mary McDonald and George Wiest to locate a site. Donations from local clubs support the non profit venture.
Myrtle Flansburg joined the club as it donated 3 to the Cancer Fund 20 to senior citizens housing 5 to City Hall for the rummage sale 10 to a Centralia family and 15 to Mrs Ira Roberts. Mrs Kreutzer reported on her Israel trip and Mrs Anderson won the hostess prize with game prizes awarded to Mrs Kreutzer Mrs Anderson and Mrs Marie Hawkins.
Regular Mont City meeting presided by Mrs Harold Walkup. Mrs John P Scherer and Mrs Harold Walkup plan a visit to the State Training Center in April. Mrs Harold Walkup won the door prize. The June meeting, at Mrs Harold Hendrix home, will install the new officers.
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