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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 15, 1975
Page
3
President Ford warns the state of the union is poor with millions unemployed and inflation eroding purchasing power. He calls for tax cuts to spur jobs, energy policy shifts, and restraint on new federal spending while proposing targeted credits and regulatory delays.
The C T reward list shows many donors including Harry Lugaski Muriel Lugaski and others from Wellington Grafton Oberlin Elyria and Vermilion contributing amounts ranging up to ten dollars. Second mail contributions arrived too late for today’s list and will appear tomorrow. Ireland updates report Britain releasing IRA and Protestant Loyalist prisoners and extending a cease-fire with home leaves granted to 50 prisoners at the Maze Prison outside Belfast.
Residents recall frugal days with homegrown clothes and mending, bartering, and reusing everything. Families saved, sold junk, and swapped goods while making do on limited budgets. Community events, cheap entertainments, and reliance on walking, movies, and DIY repairs defined daily life.
Ridge Tool Co an Emerson Electric subsidiary in Elyria plans to lay off 110 hourly and salaried workers for a new period due to a nationwide construction slump. Declining orders for nonresidential construction tools prompted the action effective January 3. The plant employs 1,250 now, up from about 1,100 a year ago, with possible callbacks if federal tax credit stimulus boosts demand.
U S Steel Corp said it will idle 1300 workers immediately and 500 more later due to reduced natural gas supplies. Lorain plants will not be affected. Heat treating and annealing at Duquesne, Homestead, Wheel and Axle McKees Rocks, and Irvin Works will shut temporarily. Steel output to fall by about 90000 tons monthly. Chief Justice Burger denied a stay on the Federal Power Commission curtailment order.
In Columbus and New York reports, poultry and butter prices show variation with wholesale dairy and poultry values. Midwest price results sit alongside Harrisburg lottery numbers, truck tolls rise modestly while passenger-car revenues dip, yet December toll income edges higher.
Daily and Sunday mailing rates listed for Hataoni County area with January 15 1975 date hint. Rates shown include 1S¢ daily and $52.00 per year in advance. Contact numbers Elyria and Cleveland area exchanges provided for inquiries.
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