Classic Inflation and the shrinking dollar in 1961
Dallas report explains the impact of inflation on purchasing power since 1950 with examples of $100 becoming $79, $2,000 equaling $3,400 today, and a $50,000 income needing $335,000 to match 1939 levels. Maurice Stans warns deficits risk collapse. Treasury officials dispute current danger. The piece urges voting to curb spending.
MENTIONED IN THIS ARTICLE
Dallas News
First National City Bank of New York
Washington
Stans
Western Bancorporation
U. S. Treasury
Douglas Dillon
Various Trivia Snippets From An Era’s Almanac Snippets
A collage of short items notes October 24 as United Nations Day and details on taxes and urban funds. It cites Wink Texas population 1,863 and 1,034,758 urban renewal dollars advanced, plus diverse facts on geography science and famous sites including Kauai rainfall and the Rutgers oak.
MENTIONED IN THIS ARTICLE
Denver
Colo
Washington
West Texas
Wink
Wink Bulletin
Melvin Dow
President Lacks Direct Power to Spend Without Congress
The article argues that the president can request funds but Congress must provide appropriations. It notes the separation of powers and the need for congressional approval before any spending occurs, emphasizing that funds are not unilaterally available to the executive.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
Martini glass found in Capitol Hill pocket at Washington dry cleaner
A Washington dry cleaner reported finding a martini glass in a suit pocket sent from Capitol Hill, describing it as the most notable item unearthed after 20 years of pocket checks. The piece sits among other unusual discoveries and a note on faster dental drills ending with a humorous quip about keeping the lower half shut.
MENTIONED IN THIS ARTICLE
Washington
National Institute of Drycleaning
Capitol Hill
President Kennedy withholding plan raises tax concerns
The article notes Congress did not act on Kennedy’s proposed withholding on dividends and interest and suggests the President will press the issue. It argues that the plan unfairly targets the poor and shifts tax responsibility to employers, citing widow Jones as an example of unintended hardship under the proposal.
MENTIONED IN THIS ARTICLE
Congress
Kennedy
Jones
Pinto Horse Etymology and Tax Refund Debate
A Dallas News excerpt outlines a refund claim against government tax deductions, criticizes the system as a government convenience at others’ expense, and notes the origin of the word pinto. It mentions Cortes era horses bringing a pinto to America and explains pintado as painted or mottled.
MENTIONED IN THIS ARTICLE
Dallas News
America
The Princess Telephone Attracts Whitewright Ladies
The Princess telephone is praised as small light and easy to handle. It adds a smart touch to any room and lights up when the receiver is lifted, making it a practical night phone. Available in five colors to suit tastes, orders can be placed through the telephone business office or service men.
MENTIONED IN THIS ARTICLE
Whitewright
Telephone Pioneers of America
Pioneers’ Organization
Telephone Company
Pioneers
Southwestern Bell
Also Mentioned on This Page
Austin
Dallas
U. S. Budget Bureau
Maurice H. Stans
MR. and
Mrs
Paul Cornelius
Delaware
United Nations
U. S
Kauai
Hawaii
Wadi Haifa
Sudan
Poughkeepsie
N. Y
IBM
Rue du Faubough- Ste. Honore
Paris
Zachary Taylor
Joyce Kilmer
Rutgers University
New Brunswick
N. J
Sneedville
Tennessee
Steel
Florida
Everglades
Brooklyn
East River
New York
Fish & Game Department
East Whitewright
Grand Avenue
Pottsboro
Preston Shores
South Bend Street
West Grand
South Carter
Tom Sears
Lokey Edwards
CPS Whitewright
C. C. Hennig
Edwards
Grayson Hotel
Sherman
Texas
Fred Whitten, Jr
Bogata
Cushman Scooter
Harmon Hayes
Whitewright-Ely Road
Manton Fain
Williams Cafe
Trenton
Firemen’s Hall
Bob May
Maple and
Blanton Streets
Paul Stephens
Sears Street
E. T. Sanderson
East Spruce
G. O
Gene) Hughes
Johnson Jewelry & Appliance
Joe Morgan
West Walnut Street
Hoover
Johnson Jewelry & Appliances
Roy Talley
Lillie Gardner
Edwards Chevrolet Co
Brahman
Bonham Road
Tom Bean
Bob Langford
Tex
Stephens & Bryant
Bells
Highway 82
J. A
Hot)Alexander, Inc
Hannah’s
H. H. Taylor
Guy Hamilton
E. D. Carver
Randolph
Champlin
Dawson Propane Co
Hi-Way Grocery
Whipper-Clipper CO
Bonham, Texas
Sun
Furniture Bargains
Bells, Texas
Linda Theatre
Herod the
Technicolor
Edmund Purdem
Sylvia Lopez
Parrish
Connecticut
Troy Donahue
Karl Muller
Claudette Colbert
Dean Jagger
Connie Stevens
Diane McBain
Sharon Hagarey
Merle Norman
Frances’ Beauty Salon
Jim Neighbors
Joe Bodine
Southwestern Bell Telephone Company
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!