01 Aug 1962
Page 1
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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Aug 01, 1962
Page
1
The text argues that money is merely a receipt for exchanging goods, not wealth, and that government print and subsidy programs hinder individual investment. It warns New Deal debt and New Frontier plans choke the economy by limiting capital formation and discouraging private enterprise.
The piece criticizes New Deal era policy and warns that government action distorts thrift and investment. It argues capital investment stalled since the 1930s and ties President Kennedy’s steel policies to stock market reactions, urging a reconciliation between the New Frontier and capitalism to sustain growth.
Sweden faces a clash between traditional neutrality and a push to join the six nation Common Market. Commerce Minister Gunnar Lange argues Sweden must keep the right to negotiate separate trade deals and withdraw in wartime, even as the economy grows and labor remains tight. The United States weighs in with a cautious stance toward neutral countries integrating with Europe.
New York report shows the accident rate rose in 1961 with 130000 persons injured daily. Health data from the Health Insurance Institute based on U S Public Health Service figures indicates 47.1 million people were injured that year, up from 46.4 million in 1960.
Washington prison chief Donald Clemmer said twenty seven Black Muslim inmates at the District of Columbia's Reformatory may be housed together and forgo group psychiatric treatment and non halal meals. He said he capitulated to avoid serious disturbance.
President Kennedy confronts growing deficits as fiscal year 1963 begins with a weak revenue outlook. Officials debate two emergency options including a pump priming public works appropriation and an across the board tax cut to spur spending. The administration seeks to avoid a repeat of early FDR deficits.
The article argues pump priming as a remedy for unemployment fell short in the Roosevelt era and questions its effectiveness for Kennedy. It notes high wartime unemployment drops, concerns about federal deficits, inflation, and the shrinking dollar purchasing power, urging exploration of spending cuts or tax changes.
A jumble of crossword clues and partial phrases listing numbers and word fragments across and down. The readable items include a set of cryptic style hints and stray letters, with missing context and disordered formatting across several entries.
Yesterday's puzzle yielded a set of clues with numeric prompts. This entry lists solutions for 45 wild plant Ao has antis 2 46 Support 60 touches 48 girl's name 53 Wonder as a concise reference for solvers.
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