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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Aug 08, 1968
Page
3
Herschel Newsom of the National Grange argues for a national rural policy to curb farm migration to cities. He says farm income and opportunities for young rural Americans decline while urban government expansion worsens rural displacement.
The piece notes rising US population and farm productivity, calling for fair prices to sustain production. Congressman Poage warns profit is essential for continued output, while farm numbers shrink from mergers and suburbs erode land. The farm voice remains influential in Washington.
In 1934 Du Pont Experimental Station chemists led by Wallace Carothers chose to seek the boss. The team discovered nylon the revolutionary textile fiber. Boss Elmer Bolton, long-time science leader, died recently after seventeen years of retirement.
The White House views the new wage accord and subsequent steel price rises as inflationary. President Johnson argues the industry must bear about 1.5 billion dollars in added costs over three years, warning pricing will worsen the balance of payments and invite more imports. The union settlement pressures other sectors, while companies claim absorbing the costs could push some mills into the red or bankruptcy.
The cost of living rose half a percent in June and inflation remains at about six percent annually. A cooling economy is unlikely to slow price advances as wage increases become entrenched and tax hikes loom at state and local levels. Critics blame inflated wage growth and call out shallow optimism from politicians.
Before the Republican National Convention Nixon sought and received a private report on Lindsay as a running mate, signaling movement toward a northern liberal pick despite Southern hostility. Backers in Mississippi and other Deep South states pressured Nixon to choose a candidate approved by the region.
The article outlines looming economic strain as the nation faces an uncontrolled economy postwar. It notes a steel industry contract raising costs by over a billion dollars, steel price hikes, and mixed company pricing strategies. Government deficit for the year ending June 30 is reported at 25.4 billion dollars, signaling broader fiscal challenges.
A column linked to wartime finance and the 1969 outlook discusses inflation rising to 12 dollars for items once costing 10, the deficit forecast at 5.6 billion, and unemployment climbing 3.8 percent. It notes credit restrictions, higher interest rates, tax changes, and uncoordinated wartime controls amid a slowing GNP.
Two key Republican operatives Clifton White and John Sears steered Nixon and Reagan forces as the convention approached. White kept delegates loose with persuasive, quiet tactics while Sears built influence in non primary states. Each man’s behind the scenes work is praised as a strong foundation for November unity.
A proposed 35 000 documentary on the Senate faces sharp mockery from critics who doubt Hollywood style can illuminate how the Senate operates. The piece would cover committee work and cloakroom dealings, provoking talk of a double feature with a House movie and recalling past congressional ambitions of Shirley Temple, Gary Merrill, and Steve Allen.
Analysts tie the failed push for strict economic controls to partisan politics and wartime precedents. They note uncertainty about future administration policies and anticipate hesitancy in September and October to authorize big spending. Decisions loom on Vietnam war funding, tax changes, and wage and price controls to stabilize the economy.
A friend finds use for the crime commission report worn over the heart as protection against gunfire, suggesting the document could deter a bandit.
A playful line about a professional China watcher expecting breakthroughs is paired with a note on mutual funds that invest in other funds and a humorous misnaming parimutuals.
A Humphrey poll shows George Gallup ahead of Lou Harris by two points, 51 percent to 49 percent, indicating a tight race between the two candidates. The survey notes likely voter support and opinion trends.
The Monroe News-Star entry details its 1909 post office status and publishing lineage under the News-Star-World Publishing Corporation. It lists key executives including Robert Ewing Jr and John Ewing with long service spans, plus staff roles and AP affiliation. It notes offices, advertising reps, independence, and editorial stance.
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