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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Sep 08, 1959
Page
4
The Middletown Journal lists subscription rates for daily and Sunday editions, with in city area carrier prices and mail options for trading and outside areas. It notes U.S. rates, advance payment, and publication details along with a biblical quote from Matthew 18:3.
The SEC faces hearings on variable annuities amid a Supreme Court ruling that federal regulation should govern these contracts. Proponents cite inflation hedge while opponents warn of market risk and unfair competition with mutual funds. A 1937 1957 scenario shows variable plans outperforming fixed dollar annuities if markets rise.
Emil Schram, former Reconstruction Finance Corp chairman, calls inflation the greatest thief, eroding the dollar’s value in a short span. He urges Americans to demand sound policy, balanced budgets, responsible spending, wage restraint, productivity gains, and efficiency to defend the currency.
Fulton Lewis Jr reports Indiana Senator Homer Capehart has shifted from backing Nixon to supporting Nelson Rockefeller. The conflict stems from Capehart's anger over the Mexico City delegation appointment and Latin American interests, along with housing and Indiana party tensions. Capehart blames Nixon for the Kuchel choice and resents White House veto decisions on policy and personnel.
President Roosevelt proclaims a limited national emergency to safeguard neutrality and defend the nation. Plans call for boosting enlistment across Army Navy National Guard and Marine Corps by recalling first line reserves and using emergency funds to repatriate Americans from Europe. Armco main gate hits 104 degrees and Middletown reaches 100 as heat wave continues.
George Sokolsky critiques hero worship and defends respect for military and diplomatic service. He notes MacArthur’s elite background, praises the dollar a year soldiers, and argues the nation mobilized intellect in World Wars. He warns against overvaluing ambition and warns that glory invites downward scrutiny.
A Washington review portrays how lawmakers faced "reminder squads" as President Eisenhower vetoed the 1.215 billion public works bill. It highlights Rep. Passman of Louisiana worrying about bayou water hyacinths, a northern member mocked over a blocked road, and Hawaii Senator Fong losing two projects to budget cuts. The piece notes Rio Grande studies, the polar furnace gag, and a harsh jungle law vibe to pork barrel politics.
Planetary influences warn against emotionalism and over aggressiveness which could cause friction, especially in the afternoon. For birthdays tomorrow, finances show cautious gains late this month and in late October with a stable trend only from December for about six months. November and February require emotional restraint to avoid family and romance friction. otherwise, personal matters look bright for a year. Best romance months are December May and June. travel months June July and August. Creatives may find high inspiration from December to June. A child born today is destined to be a capable teacher scientist or inventor.
A witty quip compares color blind bulls to short temper and notes a wise celebrity stays in the limelight without stirring controversy. The piece blends sport and pop culture through light satire.
Dave Regan recalls Nate Kunin the late Middletown musician with Frank Simon and Dan Corso as they remember his first stage start at Sorg Hall. Also notes a young friend leaving for college and a future niece visiting with a child named Joey, with playful family memories throughout.
Dorothy Kilgallen reports in New York gossip buzzing about Elaine Stritch quitting The Village Vanities cast after a dress rehearsal insult at a bistro. Hedy Lamarr dates Danny Elman while British censors cut Some Like It Hot shipboard scene. Marilyn Monroe’s triumph contrasts with Room at the Top controversy. Brigitte Bardot’s team worries US audiences aren’t as receptive.
Authorities debate whether the Pacific is the oldest ocean while the Atlantic is the youngest. William Pitt became England's prime minister at age 24. John Roebling designed wire rope and the Brooklyn Bridge. It would take 137 thousand lightning bugs to match a 1 watt bulb’s brightness. Corn on US farms equals wheat in England and oats in Scotland. About three of sixteen Mexicans have wholly Indian ancestry.
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