28 Jul 1967
Page 1
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Newspaper
Winters Enterprise
Location
Winters, Texas, United States of America
Date
Jul 28, 1967
Page
1
Babson notes the national debt grew from 54 billion in 1940 to 365 billion in 1966 with per capita debt rising to 1880 dollars. He compares public obligations across federal, state, and local levels and highlights debt rising faster than GDP, despite strong economic growth.
An ad claims T-4L stops itch and burning within an hour and removes infected skin in 3 to 5 days. It promises healing and urges purchase at MAIN DRUG CO.
Private debt rose from 482.6 billion in 1956 to 1,063.4 billion last year, pushing total public and private debt to about 1.5 trillion, roughly double the nation’s GNP. Experts warn of risk if deficits rise and borrowing continues, with inflationary pressures likely from easy money and pump priming.
Mr and Mrs Joe Kozelsky were honored on their 25th wedding anniversary with a silver mass at Mt Carmel Catholic Church officiated by Rev Patrick Ryan OMI. A reception and luncheon followed hosted by their children Joe J Kozelsky Jr Stuart Lehr and Michael Kozelsky with a house party guest list.
The family of Oscar McDaniel thanks those who expressed sympathy in beautiful and practical ways during our recent bereavement.
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