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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Aug 14, 1973
Page
8
Don Oakley denounces democratic rulers deceiving the people and condemns the Cambodia War cover up. He argues Nixon lied to Congress and Americans, cites bombings and Neak Luong tragedy, and calls for Congress to bear responsibility for ending U S involvement.
Editorial discusses rising use of stopping-out where students take a year off between high school and college. Mary Scott Welch notes colleges now guarantee readmission to the next class with no-questions-asked placements, challenging traditional enrollment rules. She cites the Newman Report urging life experience and access across socioeconomic groups, while warning that truly disadvantaged students may be unable to stop out.
A Florida Supreme Court ruling orders newspapers to publish statements from individuals who disagree with editorials. Critics foresee U.S. Supreme Court challenges, calling it a breach of press freedom and an affront to the First Amendment. The piece links the decision to broader debates on equal time requirements for broadcasters.
New discount brokerage firms lightened investor costs by charging 20 to 80 percent less than major exchanges. They focus on order execution, lack research departments, accept only cash customers, and route orders to the market for best price. A typical example shows 50 shares of AT&T at $50 could incur $42.50 on NYSE versus $25 to $34 at discount outlets. These firms often avoid odd lots under 100 shares.
John Rose of Rose & Co notes investors fear discount houses are illegal and many small savers underestimate costs. The piece highlights a wary customer base including a cautious older investor and savvy patrons like small banks and investment counselors. As NYSE contemplates higher minimum commissions, discount houses gain attention with potential savings on large orders.
HAL BOYLE surveys quirky notes from mail and public trivia. Edgy vignettes span beef yields, Althea Gibson, Siamese betting, workforce relocations, camping plans, Einstein, teacher salaries, delinquency causes, and folklore on Valentine’s Day and May Day.
On this date in 1945 President Truman announced Japan's surrender ending World War II. Other events include Alaska's Kodiak Island colony in 1784, Oregon territory in 1848, and the Atlantic Charter signing in 1941. Birthdays noted for John Ringling North and Connie Smith.
A letter from Congressman Richard C. White and colleagues argues against the National Water Commission plan to base flood control funding on local ability to pay. They warn it would undermine basin wide coordination and threaten life, property and commerce, urging continuation of federal water resource policy.
Senator Gale McGee warns forests are worn but valued amid energy worries and a looming timber shortage. Innovative methods rise, including computerized sawing to boost yield and a peeled-lumber panel approach known as presslam. The Aero Crane concept could slash logging roads by lifting whole trees, with Packwood calling early results encouraging.
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