Not an issue voters return congressmen who backed surtax
A New York Times summary notes that the 1968 election showed tax increases were not politically fatal. Treasury official Joseph Bowman Jr. said surcharges did not derail incumbents, with few losses among tax supporters and opponents in both houses. He predicted calmer tax debate in the new Congress. The surtax deadline remains June 30, with Nixon likely to pursue changes.
MENTIONED IN THIS ARTICLE
Washington (c
New York Times
Washington
Treasury
Nixon
Johnson
Congress
Joseph M. Bowman Jr
Secretary of the Treasury
Congressional Relations
American Management Association
New York
Bowman
House of Representatives
House
Senate
Ripon Society faults Nixon campaign for lost chances
The Ripon Society says Nixon's campaign harmed GOP hopes for House gains and alienated liberal frontlash voters among young, Black, urban, and suburban voters. It argues a different timeline or cross-party cooperation might have swung the 1968 election in Humphrey’s favor.
MENTIONED IN THIS ARTICLE
Richard M. Nixon
House of Representatives
Ripon Society
Republican Research Organization
Nikon
George C. Wallace
Hubert H. Humphrey
Society
Nixon
Farm land a better buy than stocks says report
Agriculture Department analysts compare farm land to common stocks and bonds noting land since 1950 produced 8.8 percent annual total return, with 3.5 percent from production and 5.3 percent from appreciation. Stocks grew faster in value but only produce 3.5 percent dividends, 10.3 percent rise in value. Land values rose from 75.2 billion in 1950 to 193.7 billion last year as nonfarm buyers increase slightly.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Eggs survive fall in aerial egg drop project
At John Vas Junior High School 260 ninth grade students tested methods to soft land a fresh egg dropped from a helicopter. Of 80 eggs released from 1000 feet only 23 broke, with designs including nylon stocking suspensions, empty-box padding and popcorn padding demonstrating effective protection.
Arson Suspected in Champaign Savoy Fire Blazes
Fire damaged Champaign and Savoy businesses in Illinois with arson suspected in both incidents. Savoy Lumber Co saw a fresh load of redwood doors burn after a 1:45 a.m. alarm aided by two kerosene cans found on site. Eldon Price estimated lumber yard damage at 100000 dollars.
MENTIONED IN THIS ARTICLE
Champaign
Savoy
Champaign, Ill
Savoy Lumber Co
Eldon
Doyle Construction Co
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