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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 14, 1975
Page
1
Community supports Cherie Ulmer’s family with two funds in Bucyrus. A Crawford County Bank scholarship fund and a Farmers and Citizens Bank reward fund were established, said Brewer. The response is described as very generous by locals.
Washington AP Ford and the Democratic 94th Congress back an anti-recession tax cut but clash on how much relief should go to lower and middle income taxpayers. Ford proposed up to 1000 in 1974 tax rebates plus 12 percent cash relief and 30 billion in oil tax measures. Republicans backed the plan as a step to balance the budget, while Democrats warned the details may not ease the burden or curb foreign fuel reliance.
Flurries persist with continuing cold tonight and a risk of sun. Temperatures fall to 5 to 15 degrees, then cloud cover and a high of about 20s tomorrow. Page references note Greg Cobb of Orested Falls and a local basketball note on Page 7.
The plan includes a 112 percent rebate on last year’s federal income taxes up to 1008 per return, two equal May and September payments for a typical $12 000 income family, 50 billion in investment tax incentives, car and tariff measures to curb fuel use, a one year moratorium on new federal spending, a 5 percent pause on federal pay and automatic boosts in Social Security and military retirement benefits.
President Ford's tax rebate proposal, unveiled on TV, faces skepticism in The Chronicle-Telegram. The plan would refund 12 percent of 1974 taxes, with six percent in May and six percent in September up to $1,000, while oil and natural gas taxes would rise, boosting gasoline prices.
Chrysler’s weekly Car Clearance Carnival rebate program draws strong customer traffic at Elyria Spitzer Motors and nearby Dodge Plymouth outlets. Dealers report many lookers and early sales, with promotions offering model rebates and a $10 trade-in reward for Ford or Chevrolet vehicles. The Duster and Dart Swinger rebates run through the week, with model selections to be announced for next week.
Gov. Rhodes, returning to the governor’s office, fell ill with the flu and scarce attended the daylong inaugural events. About 2,000 Republicans toasted his new administration as Rhodes, stricken with a severe cold and fever, delivered a speech to roughly 2,009 attendees on the Capitol’s west steps. Demonstrators outside derided him, while many party leaders reportedly took part in scheduled functions.
Three youths wearing ski masks attempted a robbery at the May Fair Bar at 110 W River St. at 7:38 p.m. The gun fired, a bullet lodged in a ceiling, and the offenders fled as patrons and the owner Mrs. Stephen Farkas hid. Two customers chased and police searched for the suspects. The owners described the youths as small and unarmed before the shot.
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