21 Dec 1971
Page 1
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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Pontiac Daily Leader
Location
Pontiac, Illinois, United States of America
Date
Dec 21, 1971
Page
1
Editorial analyzes the Azores decision amid Bretton Woods legacy, noting devaluation and dollar pressures. It weighs whether the Azores move marks a lasting fix or a new phase in global finance, stressing inflation, imports costs, and potential shift toward SDRs and flexible reserve funds.
Saunemin residents welcome military and student travelers for Christmas. Fritz Tyler, stationed at Fort Riley, arrives for a ten day leave with the Tyler family. Cindy Bassett visits from Barnes Hospital in St Louis. Ronnie Lighty visits from Bob Jones University to spend the holidays with the Lighty family. John Mulligan returns from Fort Polk for a two week break. Vera L Fulton spent the weekend in Rockford and sang at a wedding. Emmanuel United Methodist Youth Fellowship plans Christmas Eve caroling. Kenny Tabor leaves Brokaw Hospital after a three day surgery stay. Duane Haag and family visit Mrs Verna Fritz. Martha Stevenson from St Francis Nursing School visits home. Adult choir at Saunemin United Methodist Church to perform Christmas program with candle lighting. Wendell Lighty and family attend Taylor family Christmas dinner at Colfax. College students home for vacation include Pam Haag, Bob Trone, Stuart and Wes Rothrock, Ray Ohmart, John Rich, Vera Fulton, Wilfred and Miss Marie Mertes visit Agatha Norgaard. Bill Carter of Pontiac and Lorraine Norgaard of Downers Grove visit the Norgaard home.
The Pontiac Leader Publishing Co lists subscription and service details for Livingston County readers. Rates cover carrier delivery in Pontiac and surrounding towns, mail options inside and outside Illinois, and military service pricing. The page promotes Want Ads with a slogan: Where there's a need there's a way to get it done.
AP analysis argues devaluation is not a simple win or loss but a shift in an evolving global monetary system. It notes Bretton Woods origins, the dollar as anchor in 1944, and how inflation, barriers, and competing economies pushed the peg to break, with the United States seeking fairer trade rather than recession.
Funeral services for Frank J. Luhring of LaGrange were conducted Saturday at the First United Presbyterian Church with Rev. Glenn D Strang officiating. He was the son of Jessie and the late Luhring and husband of Kathryn. Burial followed at South Side cemetery with pallbearers Walter Paternoster Hartzell Munz Perry Munz Don Phillips Champaign and John Hamilton Harold Mies.
Cynthia K Jones daughter of Clinton Jones Pontiac and Robert A Landrus son of Vercei Landrus Chenoa were united in marriage December 6 in New Buffalo Michigan. Attendants included Comrie Jones and Robert McKee. The couple both work for Motorola and reside at 311 North Third Street Chenoa. The ceremony fell on the 24th wedding anniversary of Mrs Landrus's parents.
The Indian minister stated that distant powers can no longer issue orders to Indians based on color, asserting that India would act in its own national interests rather than bow to so-called big nations during the ongoing India Pakistan war.
The article notes rising use of walking sticks as self defense and reports stores selling weighted and weaponized canes. Sellers describe models with buckshot, spike tips, steel balls, fencing canes, and even a five shot liquor cane, with prices ranging from five to fifteen dollars and up to twenty five dollars for heavy canes.
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