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Newspaper
Port Isabel Press
Location
Port Isabel, Texas, United States of America
Date
Jul 05, 1962
Page
3
Port Isabel observed a peaceful Fourth of July with offices closed and a half day of activities. Visitors from nearby cities joined fishermen and beachgoers on Padre Island, while local residents noted a celebratory mood and a crowd departing for completions of daylong outings.
Deposits across 40 Valley institutions rose by $5,517,943.33 year over year. As of June 30, 1942, deposits totaled $23,889,748.23, the highest in Valley history. The prior year deposits stood at $1,371,804.92.
Lasara once more yields the United States first bale of cotton for the era, grown by Ed Waltershide. The bale weighed 420 pounds lint from 1,496 pounds seed cotton, middling grade, one inch staple. Rain delayed harvest about a week.
Column reflects on a spicy Congress session with heat in Washington. References Sam Rayburn and John Nance Garner as veteran voices while noting many bills, including HR 12310, and debates over the farm bill and debt limits. The piece criticizes bureaucratic ratios and quotes the Post on a farm department staffing parity.
An amendment to the Selective Service Law will place 20 year olds into immediate service while 18 and 19 year olds will be called later. In four registrations 64 have signed up aged 18 to 65. University of Texas figures show the Lower Rio Grande Valley as Texas's second wealthiest agricultural region after Dallas-Fort Worth, with a peak 1937 receipts of 33,084,000 dollars.
This feature traces the idea of a social contract from Socrates’ implied obedience to laws to the Mayflower compact and the 1787 US Constitution. It contrasts obligations under law with the creation of civil government and notes that legal guidance should come from a qualified attorney.
A fiscal year deficit echoes a high school anecdote where an economist spoke to students about government spending. He used charts and figures for nearly an hour before the principal summed it up: if outgo exceeds income, upkeep becomes downfall.
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