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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Mar 23, 1960
Page
4
A 1939-era columnist argues the traditional dream of wealth has faded. The plain one-million dollar man can no longer afford real wealth as the value of a million has fallen, leaving him poorly off with limited freedom compared to past eras.
During the Truman era the dollar fell to 54 cents and a millionaire’s fortune dropped to about 460 000 to 470 000 dollars. The piece laments a faded financial elite, arguing the era’s wealth is gone and urging an ambitious boy to aim for the presidency over becoming rich.
Washington report states three man Teamsters monitor plans new charges to remove James R Hoffa as union president. Chairman O Donovan says he will seek permission from Judge Letts to file nonfeasance and malfeasance charges amid a pending April 27 trial over $40000 allegedly diverted from Detroit Local 299 to a Florida real estate project. Monitor Maher quits citing ill health and distrust of Hoffa targeted leadership.
Cape Canaveral AP Titan flew 5000 mile course in its second long range test this month. The Air Force aims to speed the program to recover from delays caused by a series of failures and mishaps during the past ten months.
Hollywood reports a marriage set for Lance Reventlow and Jill St. John. Reventlow, 24, heir to an estimated 20 million dollars, will wed the 19 year old actress in a civil ceremony after obtaining a Riverside license. The couple plan a simple ceremony with a small guest list including Barbara Hutton and Jill’s parents.
Civil Aeronautics Board investigators in Wilmington, North Carolina, hear testimony tying the January crash to a bomb placed near Julian A. Frank, a New York attorney. Witnesses describe wreckage and bone fragments believed to be from Frank, with explosives traces found on his remains. The routine flight from New York to Miami ended in disaster while 33 others perished.
Washington AP report says about 1850 high school pupils touring Washington on an annual trip sponsored by the Kansas Council on World Affairs. New York will be their next stop. The council is sponsored by Dr. E F Giannangelo of Pratt Kansas.
Lane area notes report Mr and Mrs Clifford Hettler and family and Mr and Mrs W H Hettler of Lane visiting Mr and Mrs Wayne Hettler and family of Chanute. Kansas City visitors include Art Holland and family calling on Mr and Mrs Jerry Triplett. The Fuller couple welcomed a son Wednesday at Miami County Hospital in Paola. Various relatives from Topeka Osawatomie and Beagle called on or visited local families while social activities and moves to new apartments were noted.
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