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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Aug 23, 1968
Page
2
By mail payable in advance rates listed include one month for $1 137 three months for $120 and yearly terms for $1048. By carrier rate is 30 conte pat week and $1 90 per week.
The 0.25 point rate cut signals the Federal Reserve’s intention for looser credit. Banks’ borrowing remains a small slice of total lending, yet a lower prime rate could pressure other rates, aiding housing and construction. Officials aim for a gradual de-escalation to avoid recession and boost housing demand.
Rep. Wilbur D. Mills, veteran House Ways and Means chair, says a new President will appoint new programs for fiscal 1970. He notes war in Vietnam could force supplementary items and that debt ceiling increases are unlikely unless extraordinary emergencies arise.
In Memphis the Rev Ralph David Abernathy warned that Negro voters might boycott the presidential election unless an acceptable candidate is found. He ruled out Nixon and showed little enthusiasm for Humphrey signaling a possible abstention that could help Nixon and hurt the Democratic nominee.
The piece argues the War on Poverty has produced significant progress with 2.9 million Americans leaving poverty in 1967, the greatest exodus in a decade, and seven million over three years. It notes gains under the Office of Economic Opportunity and contrasts with prior years while highlighting ongoing racial disparities.
Nixon defeats moderates at the 1968 GOP convention as Rockefeller and Romney fail to back him, leaving Nixon with southern support from Thurmond and Agnew’s running mate choice. The piece criticizes moderates for not joining the winning momentum and portrays them as unprofessional and ineffective.
Don Oakley reports that poverty fell from 47 percent to about 10 percent and the number of poor declined from 33.7 million to 26 million by December 1967. Nonwhite poverty dropped faster, and while the OEO credits War on Poverty efforts, it acknowledges general economic growth also aided the decline.
A jumble of phrases notes selected shorts at a shopping center and political activity. It mentions citizens with political pull and pressing the voting lever, alongside a reference to a spontaneous convention demonstration.
Richard Goldberg former Supreme Court president attacks Imprihas Coppime Control Act of Park, arguing police power cannot uphold a system that does not meet reasonable expectations and legitimate grievances.
A news brief set from the News-Post files relays August 23 1918 notes on Frederick police discontent over salary boosts with threats to quit and talk of strikes. It mentions potato prices in Frederick in 1918 and an agent hunting idle workers, plus a note on Miss Nellie R Seaman’s marriage after a 3000 mile California meeting. A 1948 item reports Frederick airport construction and city debates over project scope. Also Buckeystown team officiating ban and Girl Scout Troop 14 bike hikes toward Yellow Springs, plus a City County all star softball fundraiser planned at Baker Park after rainouts.
Washington analysis argues that North Vietnam misreads U S political debate and that McCarthy Humphrey and Nixon positions could pressure Saigon toward a broad coalition or surrender. The piece warns that post election concessions would undermine self determination and prolong the war despite Johnson's withdrawal from race.
Questions cover West Point motto Evangelin meaning Roy Scout to presidency JFK Tree of Life date palm and Canada ranking by size. Answers include Duly Honor Country bringing good news John F Kennedy possibly second in size to the Soviet Union while also noting the tree of life date palm and desert sustenance.
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