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Newspaper
Myrtle Point Herald
Location
Myrtle Point, Oregon, United States of America
Date
Aug 15, 1957
Page
4
Babson Park Massachusetts August 8 The piece argues that compulsory retirement helps junior workers but shifts costs to younger employees through Social Security. It notes reforms like half time or phased retirement could ease transitions and preserve productivity while avoiding nursing home placements for parents. It also proposes longer vacations and phased plans as alternatives.
Textron Co. signs a new contract with its union employees extending from June 1, 1957 to June 1, 1958. The agreement mirrors the previous terms with no wage changes and preserves the 10 minute twice daily rest periods. It also allows an employee elected to a union office to take a two year leave of absence to perform duties.
The text warns retirees about risks in starting new businesses or taking competing jobs. It advises against working for rivals, urges ethical caution, and notes potential loss of Social Security benefits if earnings exceed limits. It also advises evaluating California or booming states and ensures pension income covers basic needs.
Salem officials begin selecting cut over forest lands for deferral under Oregon forest fee and yield tax act. Lands may qualify by location and ownership with hearings set next year before final listing and orders.
Cowboys compete for national title in bull riding and bareback bronc events. Portland top contender continues season with strong showing and crowd support as riders chase finals glory.
Harleys Tucker cow boss crew arrives with broncs brahma bulls and steers for the opening professional rodeo weekend at Myrtle Point fair grounds. Browning Bros carnival returns with bargain opening night prices as Browning Bros showcase rides and calf scramble await Friday and Saturday crowds in Coos County’s largest fair.
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