Bank confession ends 24 year dispute
A case outlines a long dispute with a confession tied to a bank after 24 years. The respondent is noted as having been fired amid the events and the timeline centers on the February discovery.
16 Mar 1971
Page 1
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 16, 1971
Page
1
A case outlines a long dispute with a confession tied to a bank after 24 years. The respondent is noted as having been fired amid the events and the timeline centers on the February discovery.
In Fort Benning Ga AP six Army officers begin today to assess Lt William L Calley Jr accused of murdering My Lai civilians during a 1968 assault. The case marks the third anniversary of the attack described as a tragedy of major proportions with potential death sentence if convicted on any murder specification.
A Senate Internal Security subcommittee report cites secret accounts alleging the White Panther Party used the Mc5 rock band to lure youths into drug-filled commune life. It also claims leaders discussed kidnapping high officials. Kent and Cleveland chapters are named with founders Sinclair and Plamondon organizing the group in 1968 Ann Arbor.
Gov. John J. Gilligan presents a record 9.1 billion two year budget to the General Assembly aiming to lift Ohio to 30th in spending and taxes. He proposes the first personal income tax, sales tax reform, and planned tax relief amid major education and welfare increases.
Prime Minister Golda Meir survived a 62 to 9 confidence vote in Israel's Knesset on her policy toward occupied Jordanian territories. Right wing parties staged a walkout over the session's secret ballot denial amid a vociferous debate and procedural clashes.
Conferees from the House and Senate agreed on a 10 percent Social Security increase retroactive to January 1, with no payroll tax rise this year. Beneficiaries would see the June 3 first payment reflecting the boost, raising averages from 118 to 130 for individuals and 198 to 218 for couples.
Premier William Davis announced Ontario will sue Dow Chemical for 35 million dollars over mercury pollution in the Great Lakes system. He said 2 million would cover environmental damages, with Dow and its Canadian unit to cleanup the St Clair River and connected lakes or face an additional 10 million payment.
Gov. John J. Gilligan outlines a graduated personal income tax based on adjusted gross income. A family of four with $7,500 AGI would owe $105 before credits, receive $40 in exemptions, and could reduce property tax via a 29 mill rate, netting about $33 in total annual tax under the proposal.
The proposal outlines revenue changes totaling $120 million from closing sales tax loopholes and $123.2 million in property tax rollbacks for the first year. It includes $100 million in real estate tax credits for the elderly and poor, $40 million in corporate property tax credits, and losses of $30 million and $121.5 million from repealing taxes on stocks and bonds and on corporate franchises. The personal income tax would tax federal adjusted gross income, starting 1 percent on the first $3,000 and 8 percent above $50,000, with a $1 credit per exemption and the option to deduct the state levy on the federal tax.
Gov. Gilligan proposes a corporate profits tax. Net profit up to 10 000 would be taxed at 4 percent, a maximum 400. Net profit above 10 000 taxed at higher rate. A 25 000 profit would pay 1 600. Finance Director Hevey says half of Ohio corporations fall in the 4 percent category.
Eight states file lawsuits against auto makers alleging stalls in securing pollution control aid. The actions target manufacturers accused of delaying compliance with environmental support initiatives, reflecting growing intergovernmental friction in emissions policy.
Wellington council weighs Oberlin College rezoning and million dollar appropriations while Lorain votes on 515000 less than prior year. Oberlin heats plant addition advances. New London notes nearly one dollar per wheel board. Nationwide smog suit grows as eight states join in court against auto makers.
Windy and cold today with snow flurries likely today and tonight. High near 35, low around 26. Winds W to SW at 15 to 28 mph. Tomorrow variable clouds with cooler temps. Sunrise at 6 37 a.m.
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