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Newspaper
Oswego Palladium Times
Location
Oswego, New York, United States of America
Date
Dec 16, 1972
Page
6
The piece contrasts advanced technology and poverty with loneliness during Christmas. It urges support for the Salvation Army, praising its candlemakers’ work and asking readers to send a check to headquarters to help the charity’s efforts in the season.
A growing number of colleges adopt fixed tuition for entering students, promising no rise for four years, potentially saving about $1000 over a typical college career. Officials cite higher freshman enrollment, lower transfers, and easier budgeting for families. one college plans a five year option to allow breaks without penalty.
The Joint Legislative Committee on the State’s Economy raises concerns over government job growth projections for the 1970s. It warns of funding for thousands of new government positions and questions tax burdens as plans include tax breaks to lure industries and offset higher personal income taxes.
In Port Washington New York and elsewhere the Creche of All Nations by Albert Fehrenbacher a German POW turned woodcarver shows nativity scenes in diverse settings from Eskimo igloo to Indian maiden with infant. The carvings depict Christ as Lord of the universe breaking race and cultural barriers. Fehrenbacher survived a brutal wartime prison camp by carving and now markets the display to devote time to a larger future work.
James M. Benham, ex broker and head of the Capital Preservation Fund, argues that government interest ceilings since 1933 hurt savers with under 100000 dollars in surplus, especially those with a few thousand to thirty thousand. He cites disintermediation in 1969–70, the push to Treasury Bills, and limited options for small investors.
Today's event list includes the 1773 Boston Tea Party where colonists dumped tea overboard in Boston Harbor. It also notes Napoleon's 1809 divorce from Josephine, a 1835 NYC fire, Rasputin's 1916 murder, 1944 WWII landings in Mindoro and the Battle of the Bulge, 1960 New York Harbor airliner collision, Kennedy's 1963 Brazil visit, and a 197x UN space rescue pact.
The piece argues Christmas should shift from getting to giving, urging cheerful generosity rooted in gratitude. It cites St. Paul on abundance, warns against compassion fatigue, and suggests narrowing philanthropic focus to sustain impact.
Business writers argue liquidity hinges on small investors returning to equities and attracting foreign funds. Germans and Japanese are cited as prime near term buyers as the economy strengthens, while past Wall Street practices left small investors wary of renewed participation.
Bob Hartman, a Charleston high school football player, has endured multiple surgeries and injuries over the years. His father Red Hartman is a leading athletic trainer in the state, yet the son has faced knee operations, a fractured metatarsal, two broken ankles, and an appendix operation.
Publication notice for the Oswego Palledium Times consolidating Oswego papers. Rates listed for mail subscriptions and carrier delivery in Oswego and surrounding areas, with advertising representatives and Associated Press affiliation noted.
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