Ford lacks plan to curb recession and inflation
Ray Cromley argues President Ford has no clear program to raise productivity or ease shortages, predicting 1976 and 1977 will see higher costs from inefficiencies and material shortages. He criticizes tax relief as temporary and says federal policy risks prolonging the downturn while Congress entertains a spendthrift mindset.
MENTIONED IN THIS ARTICLE
NEA
Ford
U.S
Congress
Arthur Burns
Federal Reserve System
Burns
Capitol Hill
Senate
House
Higher education cost rise eyed and a new scholarship plan
Editorial notes higher education costs outpace inflation and strain families. It highlights a Philadelphia bank program that funds college scholarships via certificates of deposit offering 5.5 percent interest and covering accredited U S institutions. The plan targets businesses and organizations with a goal of about 20 million dollars. It ends with a light note urging motorists to save gasoline.
MENTIONED IN THIS ARTICLE
First Pennsylvania Bank
Wall Street awaits summer rally amid rate worry
AP Business Analyst John Cunniff reports Wall Street seeks a summer rally but cites high rates as a key drag on stocks. Despite near-bottom recession signals and a possible July rally, analysts warn gains may be short lived and depend on interest rate trends.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Wall Street
Today in History July 9 1975 highlights
On this date in 1816 Argentina declared independence from Spain. Washington read the Declaration of Independence to troops in 1776. Zachary Taylor died in 1850 at the White House. Windsor named Bahamas governor in 1940. Elizabeth Mountbatten engagement announced in 1947. Congo aid began in 1960. RF Kennedy urged political solutions in 1969. Desegregation suit in Mississippi filed in 1965. Earl Warren died in 1974. King Hassan of Morocco is 46. Thought by Henry Wadsworth Longfellow.
MENTIONED IN THIS ARTICLE
Associated Press
Argentina
Spain
George Washington
New York
Zachary Taylor
White House
Duke of Windsor
Bahamas
Britain
Elizabeth
Philip Mountbatten
U.S
Congo
Mobutu
Robert Kennedy
Mississippi
Earl Warren
Washington
King Hassan of
Morocco
Henry Wadsworth Longfellow
Letters laud FEST 1 supporters in Pecos
Editor thanks merchants organizations and individuals for FEST 1 success. Lynn Webb and Pecos Enterprise praised for advertising. Mary Ann Weinacht Ellen Weinacht praised for planning and hours. Parade coordinators Jimmy Bryant Jack Powers Tommy Beauchamp thanked. Nita Smith Chamber secretary credited for behind the scenes work. Ferm 1976 Rodeo Parade promises to be bigger and better. Jay Dycus Pecos.
MENTIONED IN THIS ARTICLE
Lynn Webb
Pecos
Mary Ann Weinacht
Ellen Weinacht
Jimmy Bryant
Jack Powers
Tommy Beauchamp
Nita Smith
Chamber of Commerce
Nita
Jay Dycus
Hobby outlines Texas public school financing reform
Lt Gov Bill Hobby explains the new Texas public school finance law as a turning point toward equitable funding. The plan shifts to market value for local tax capacity, equalizes access with $100 million in state aid, expands the Foundation Program to cover more costs, funds driver education, and adds flexible staffing while balancing district needs.
MENTIONED IN THIS ARTICLE
Austin
Texas
Coal Mining Heritage Missing From Textbooks Sparks Debate
The United Mine Workers Journal reports concern in coal regions that school curricula neglect labor history. Miners and teachers note textbooks give little emphasis to unions, coal, and the miners’ struggles, with access to training and school board control cited as factors. The stance, praised by some, is seen as a model for broader adoption elsewhere.
MENTIONED IN THIS ARTICLE
Kanawha County
W. Va
United Mine Workers Journal
Cedar Grove High School
West Virginia
UMW
Alabama
Kentucky
West
Also Mentioned on This Page
Ray Cromley
Philadelphia
United States
The
National Safety Council
O’ferrall Pauly
Texas Press Association and Arts
Yale Hirsch
Stock Trader’s Almanac
Standard & Poor
Dow
Jones
Ben Franklin
Lt. Gov
Bill Hobby
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!