Fitchburg Sentinel from Fitchburg, Massachusetts on December 28, 1966 · Page 15
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Fitchburg Sentinel from Fitchburg, Massachusetts · Page 15

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Fitchburg, Massachusetts
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Wednesday, December 28, 1966
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Page 15
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LUNENIURG -- ASHIY ASHIURNHAM -- WESTMINSTER OROTON -- AYER -- FORT DEVENS TOWNSEND -- PEPPERELL -- SHIRLEY Suburban News FITCHBURG (MASS.) SENTINEL, WEDNESDAY, DECEMBER 28. 1966 GREENVILLE, N. H. WINCHENDON -- GARDNER RINDGE, N. H. -- JAFFREY, N. H. MASON, N.H. -- NEW IPSWICH, N. H. 15 Shirley -Grange Vofes Donation To .··Boufif/er Family SHIRLEY -- A donation to benefit the Carl W. BoutUier. Jr., family, who recently sustained the loss of household furnishing, clothing and Christmas gifts by fire which extensively damaged their home, was unanimously voted by the Shirley Grange, meeting in the Shirley Center Town Hall with Master James Harris p'resid- I*,-' *A brief business session pre- cSded the annual Christmas pnrty with an invit»tion being received and accepted to neighbor with the Leominster Grange Friday, Jan. 6, with the local uwt to furnish a part of the entertainment program. A questionnaire received from Mrs. Hugh Stoddard of Groton relative to the local unit's desire ia having the Nashua Hiyer pollution cleaned in specific category was voted as Class A. Lecturer Mrs Elaine Harris Christmas pro,,._ included, vocal duets of appropriate songs by directed the gram, which Mjss Catherine Longley and Miss Beverly Gay with Mrs. LSuise Longley as pianist; a skit with several members taking part; a Yule candlelighting ceremony and exchange of gifts from the decorated tree Refreshments were served by the property committee: Thomas Londsay, chairman, Mrs. Marion Wood, Frank Oliver, Richard May, Peter Page, and Raymond A. J. Oliver with the assistance of the two stewards, Alfred Koski and Miss Susan Harris. Briefs A New Year's party has been scheduled for Tuesday with the music committee in charge. Members include Miss Catherine Longley, chairman, Mrs. Shirley Noddin. Mrs. John Hobart, Edward F. Merrill, Mrs. E touese Hatch, Kenneth Ten- ne'y and Miss Jane Wood. Word has been received here of the birth of a son. Philip W. Gilchrest III, at the Marlboro hospital to Mr. and Mrs. Philip W. Gilchrest, Jr. Maternal grandmother is Mrs. Ellen L. Hitchcock, Center Road, and maternal great-grandparents are Mr. and Mrc. Howard Longley, Center Road. Rev Phiriaf J. Lefevre, pastor of St. Anthony's Church, announced -that Confraternity of Christian Doctrine classes will not be held tonight due to the Christmas vacation. Dimes March Treasurer Named At Pepperel/ PEPPERELL-Irving S. Paley, 1967 March of Dimes chair- max for the Merrimack Valley, announced today the appointment of Raymond IK Hart of the Union National Bank as treasurer for the January campaign against birth defects to support research, education and patient services. Mr. Paley expressed concern over the public unawareness the birth defects are the second greatest destroyer of life in the United States. Even more appalling, he said, is the tremendous physical and mental damage resulting from the birth of 250,000 defective babies each year. He noted, however, that improved techniques of diagnosis and treatment pioneered at Centers financed by the March of Dimes such as the ones at the Boston Floating Hospital and Boston City Hospital now male it possible for many of these children lires. Latent defects, ones which do nat show up until later in life, to lead productive Holiday guests at the home of Mr. and Mrs. Everett Merrill of Hoffis St. were Miss Pauline Adams of North Adams, Mrs. Bobert C. Lang and Raymond Lang of Boston, Mrs. Oliver Wheeler and Mrs. Wilfred Tur- *r Robert Blood of Maple St. Is a patient at the Groton unit of the Nashoba Community Hospital. Woman's Club will meet Tuesday at 2.30 p. m. in the vestry of the Community Church for "An Afternoon of Music." Program is in charge of Mrs. B. Howard Webster. Tea hostess will be Mrs. John Vail. Junior Troop 145 of the Girl Scouts held a tea for mothers and for the board of trustees of the Community Church. The scouts presented a play written by one of their members, Terry Ginther. Refreshments were made and served by the troop members. Leaders are Mrs. John Kennedy and Mrs. Verne Elliott. are one o£ the specific targets ol scientific research being conducted with March of Dimes support, The local goal for the campaign Is JS50.00 in Pepperell. Briefs Pcpperell Women's Bowling League held its annual Christmas party at the Groton Country Club. Arrangements were in charge of Mrs. Joanne Courtemanche, Mrs. Phyllis Card ner and Mrs. Elaine Forcino. Allen Blood of River Road and Thomas Plummer of Main St. are Jhpme from their studies at _Yj«taa West Virginia Wesleyan College for the holiday vacation period. Westminster Crash Hurts Two Drivers WESTMINSTER -- A two-car crash at Routes 140 and 2A shortly after 6 Tuesday night resulted in injuries to the drivers. Treated at Henry . Heywood Memorial Hospital, Gardner, arid discharged were Monte H. Kennedy, 28, of Worcester Road, who received cuts on the forehead, chin and right leg, and Miss Kathleen O'Heara, 17, of Wiliard Road, who suffered a chest injury, cuts and bruises of-both knees. According to Ptl. Wayn« F. Tuominen, investigating officer, Kennedy was driving south on Route 2A and Miss O'Hearn was proceeding north on Route 140 and turning onto Route 2A when the collision occurred. Chief Toivo 0. Tuominen assisted in the investigation. Groton Cubs Hold Party GROTON - Presentation, of awards highlighted the recent Christmas party, of Pack 12, Cub Scouts. A tree was decorated by each cf the six dens and gifts of cookies were placed beneath the tree and later taken to the Hale Nursing Home, West Groton. Recipient of awards were John Taiscy, Mark Wheatlcy, Jaines Wikland, Peter Hall, Thomas Sunkiewicz, Jeffrey Crowley, Lee Forcino, Michael McGrath, John MadiRan, Joseph Portozzi, Timothy McPartland, Michael Wikland, Jeffrey Johnson, Daniel and Albert Bernard, Mark Borden. Four of the dens presented playlets. There was group sing- Ing and refreshments served. It w«s announced th» Grnton "Pmewood Derby" will he Saturday, Han. Jan. 28, at the Town Kosygin Visit To Britain Eases Tension LONDON Wt-Soviet Premier Alexei N. Kosygin will visit Britain Feb.. 6-13, Prime Minister Harold Wilson announced today. The announcement of the Soviet leader's coming was seen as an indication of some improvement in British-Soviet relations despite the continuing Kosygin's visit will be first to London by a Soviet premier since Nikolai A. Bnlganin and Nikita S. Khrushchev, then boss of the Soviet Communist party, came in April 1956 Since then Prime Minister Harold Macmillan and Wflson have both been to the Soviet capital said need. was a "most pressing Book Truce Cheers Author MIDDLETOWN, Conn. UV- building were Discussed. Recuperating from pneumonia author William Manchester was reported cheered by the news that Mrs. John F. Kennedy is no longer pressing for an injunction to prevent publication of his book about the assassin* tion of her husband. "That's great!" said Manchester's wife, Julia, when told Tuesday night. "That's marvel- us!" Manchester was not available for comment, but was "feeling like himself again" according to a spokesman at Middlesex Memorial Hospital. The 44-year-old author of ·The Death of a President" got out of bed Tuesday for the first t'.me since he was hospitalized early Monday with a kifh fever. Manchester was expected to remain in tke hospital for rest of the week. Passerby Pulls Pistol Pickup DETROIT (AP) -- An unidentified man saved patrolman Gerald Fistula's pistol for him Tuesday. Pastula and his partner were setting an ambush for two men outside a vacant building when one of the men jumped from a window, lunged «t Pastula and grabbed his pistol. At that moment a passerby ran up, knocked Pastula's as- sailunt to the ground and handed the pistol beck to the policeman. He walked away. leaving the officers to pick up the tw» men, who were heM for investigation of burglary. YEARBOOK ED1TOEIAL STAFF -- Students in charge of the annual yearbook at North Middlesex Regional High School, serving Townsend and Pepperell, are, left to right, David Glow, Gail Wright, Carol Kumpu, Carol Small, Karen Elliott, Patricia Shultz and Thomas Hardy. Westminster To Get Rescue Truck Saturday WESTMINSTER -- The rescue the town treasurer under Chap- day nights Jan. 7 and Jan. 21 TOWNSEND--The selectmen at their regular weekly meeting Tuesday night discussed with Police Chief Donald R. Morse his budget for the coming year and also discussed the lighway department budget with Superintendent Raymond Jolden. A report was also given y Mr. Bolden on how his de partment is operating in its tern mrary headquarters oh Main St. The selectmen also discussed he town dump problems with Robert Landry, chariman of the Board of Health. Mr. Landry stated the health board reeom mends that the highway department take over care of the dump when the present contract expires in March. Max Wagner was present to discuss a zoning problem. Mr. Wagner, who operates a m a n u - truck completed by the Westminster Firemen's Association ter 70 sales tax distribution. The selectmen drew attention will be presented to the Town of at their meeting to Section Five Westminster in a special cere- of the town bylaws which pro- mony at 2 Saturday afternoon Dibits parking of motor vehicles mony. Renewals issued to the following: Albert Albert for his Class Three license; Carlton Parmenter for his auctioneer's li,, the on streets of this town between TM" ; , selectmen announced Tuesday sunset and sunrise during the n i g h t . Chairman Alexander months of December through Pisaruk will accept the truck March. for the Town. The public has A weekly warrant of $7,489.08 been invited to attend the cere- was approved by the selectmen. A check in the amount of Westminster Social Club for $11,651.42 has been received by'dances in Town Hall on Satur- Mrs. William D. Ahearn for her lodging house license. The Selectmen's office in Town .,, .,, , .... - Hall has been painted during the They issued permits to the weekend. The familiar green ol 9 Firemen Complete Training At Rindge his room is now champagne. The Town Hall lobby has also been repainted in a lighter shade of green than previously. RINDGE, N. H. -- Nine members of the Rindge Fire Company recently completed a 21- hour training session on pumps aid pumping. Subjects studied were types of pumps, types of primers and release valves, drafting water, pumping from Ugh lifts, pumping from fire hydrants and from other sources of water. Y/inchendon-- Meeting On Money Transfer WINCHENDON -- A special meeting of the Board of Selectmen and the Finance Committee is scheduled for 7.30 tonight to act on the transfer of approximately $2W» from the reserve fund to the police department account. Selectman Chairman Henry L. Doody said the account is $320.82 short of meeting the weekly payroll which is slightly orer $1000. However, Town Accountant Ernest J. Dionne said the payrolls for other departments will mot be held up as sufficient funds are available. In session Tuesday night, the selectmen Board of reviewed with Public Works plans for a tow garage, which Selectman Donald E. Duplease Several sites for the proposed The town meeting warrant will close .Monday, Jan. 16, it was announced. Building Permit Issued At Ashby ASHBY -- A building permit for tke construction of a tow operator's building and a ticket office was issued to Mt. Watatic, Inc off Bennett Road, by the selectmen at its meeting Tuesday night. · In other action, a hearing will he held Tuesday at I p. m. on the granting of original locations for five poles on Wheeler Road, approximately 432 feet from Greenville Road. A used car license, Class 2, was issued to William B. Korpi, business as K B Sales, of Ashby State Boad. The last 19«6 warrant $4055.9* was approved as was the initial IfTf warrant amounting to $1082.60. Lunenburg LUNENBTJHG -- The United Parish Senior Choir will re hears* on Thursday evening at 7:15 in the Methodist Church and will silg at the 10:45 a. m. service on Sunday. There will be ao rehearsal for the Junior Choir this week. Marriage intentions filed with tb* Town Clerk include: Earl A. Prentiu, 241 Quinapoxct St., Holden, and Edith M. Burger. 1442 MasMekueetts Ave.: Enos Hammond, 14to Massachusetts Ave., and Sylvia Curtin, M Maple St., South Acton; Pentti J. Rantane, Whalom Road, and Those receiving a certificate of completion were Lt. Roland E. Blouin, Lt, Walter D. Hood, Elisba H. Young, Leslie G. Thrasher, Donald W. Cramb, Raymond E. Hugbgill, Ernest C. Champney, Percy L. Quimby and Wayne B. Pike. The instructor was Deputy Chief Walter J. Young, Rindge, N. H. fire service training instructor. The course was under the direction of the N. H. State Board of Education and the . H. State Board of Fire Control Brleh Tbe next in a series of motion pictures for "Thursday Nights at the Movies" win be skown in the Town Hall Thursday, Jan. 5, at 8 p. m., sponsored by Social Activities committee of Franklin Pierce College. The film to be shown will be "i.olita." starring Shelley Winters, Peter Sellers and James Mason. This is strictly adult picture and no one under age 16 will be admitted. The first of the children's movies sponsored by the Social Activities Committee of Frank- til Pierce College will be held Saturday, Jan. 7, at 9:30 a. m at the Rindge Memorial School Tke film will be "The Prince aad the Pnper," a Walt Disney production. The children's films will be shown every two weeks through March 18 on Saturday mornings at the local school starting at 9:30 8, m. Among the adults who will be in attendance will be Rev. John D. Westhaver, Jr., local minister and Protestant chap lain at Franklin Pierce College, John L. Weidner, member « the School Board, and Donald Murphy, principal of tbe Rindge Memorial School. Rindge Youth Group finished their busy Christmas program by going caroling followed by a Christmas party at the West Rindge Methodist Church. Women's Christian Temperance Union held a Christinas party with exchange of gifts held at the home of Mrs. Wayne Hoyt, : Loyal Temperance Legion held their Christmas party at the home of the leader, Mrs. Leo F. Sullivan. Mr. and Mrs. Harold H. Rice recently entertained their son-in- law and daughter, Dr. and Mrs. Porter Dexter, and daughter, Miss Orelee Claremont, and tkeir son and wife, Mr. and Mrs. Kenneth Rice, Mark and Be Mass. Mr. and Mrs. Donald E. Speckman had as recent vis- aid children, ecky, Townsend, itors, Mrs. Speckman's grandmother, Mrs. Mabel Fernald, Unity, Me., for several days, her fatker and mother, Mr. and Mrs. Lloyd FertiaM, Jeffrey, and her brother and his wife, Mr. and Mrs. Melvilte Femald, .Jeffrey. Mr. and Mrs. Donald J. Smith were hosts to Mn. Carl R. Converse, Mr. and Mrs. Raymond E. Hammond and Mr. Smitk't brother and sister-in-law, Mr. aid Mrs. John Smith, Bridgewater, Mass. Mr. and Mn. Oliver J. Tayor recently entertained her parents. Mr. and Mrs. Carlton D. Swift. Athol. Mass.. her sister and husband, Mr. and Mrs. William Fitzfibbon. and da*«t- ter, Miss Jill Frtttfcbin. Lunen- hurt;. M«M., and her brother and his wife, Mr. nari Mn. ~ Second Trial Out For Fonda LOS ANGELES (AP) -- Actor Peter Fonda will not be tried a second time on charges of possessing marijuana. Superior Court Judge Mark Brandler said Tuesday he would dismiss the case against the 28- year-old son of actor Henry Fonda and a codefendant. John Robischon, 23, "in the interest of justice." Fonda' and Robischon were tried earlier this month, but the jury was unable to reach a ver diet. The jury convicted John B Haeberlin TJI, 25, and acquitted a fourth codefendant, Steven Alsberf, 22. Townsend-Selectmen Discuss Two 1967 Budgets facturing Towns end, business . in has made a West down payment on the former Economy store building at Townsend Harbor in a residential area However, he has been unable to move his business to the new location due to the zoning regulations. He was referred to the Planning Board, to .discuss possibility of rezonujg from residential to commercial. School Assembly Participating in a Christmas assembly program at Spaulding Memorial School were: The school band, under the direction of Salvatore A. Viggiano; Cathleen Wiliard, Jean Bedard, Edwin Lamport, Mark Beslsuriers, David Eaton, Ronald Knox, Marjorie Pine, Gary Hooper, David Daly, Lorenda Prendiville, Patricia King, Brian Russell, Gail Grant, Sandra Leeds, Marion Deorian, Michael Thorpe. Patricia Archambault, Doris Moore, Nancy Kimplen, Lisa Kretschamar, Paul Magoon, Lorraine Fielding, Daniel Holo- ban, Daniel Keefe, David Eaton, Jill Clark, William Kelloway, Ronald Lovitt, Donald Lovitt Judith Syrjala, James Blanchard, Lauray Bolden, Pam Conley, Peter Estes, Ronald Koivu, Carlene Amadon, Susan. Araujo, David Ojala. ' · ' Allan Wood, Michelle Thonis, Rebecca Rice, Barry Brown Gail Schrpth, Amy Davis anc Paul Morin, Ricardo Glasgow, Stephen Winter, Barry Santene, Assisting with the progam were Gary Wirzburger, Barbari 'orter and Tommi Schofield. Sixth grade teachers supervising were Mrs. Florence Steves, Mrs. Ruth Peterson »nd tits. Carol Smith. Anne Sencabaugh Wed In Leominster LUNENBURG-Our Lady of the Lake Church was the scene Monday morning of the marriage of Miss Anne Marie Sencabaugh to Terry George Wilson. The ceremony was performed by Rev. John P. Shannon, pastor The reception was given in the Four Acres, Sterling. The bride's parents are Mr. and Mrs. David C. Sencabaugh of Youngs Road. The bridegroom is the son of Mr. and Mrs. Keith Wilson of 11 Hayward Mill Road, West Concord. The matron-of-honor was Mrs. Phyllis Farini of Fitchburg. Miss Ruth Ann Kane, a cousin of the bride, of North Walpole, N. H., was maid-of-honor. Best man for bis brother was Jack Wilson of West Concord. David C. Sencabaugh, a brother of the bride, was usher. The bride was given in marriage by her father. She chose a gown of silk peau candleligb shade, with an empire fitted bodice, a modified A-liae over skirt of hand-clipped imported lace with a scalloped hemline, and elbow length sleeves edget U matching lace. The bateau neckline featured a full bouffan back, ending in a cathedra train. Her imported silk tulle mantilla scalloped with lace fell from a pillbox effect open crown. She carried white rose: with a white orchid center, Mrs. Wilson was graduatei from Fitchburg High School and the Stenotype School of Bos ton, and is employed as a sec retary at the Mohawk Cable Wire Co. of Leominster. He husband is a graduate o Euclid High School, Cleveland Ohio, and Miami University. He is presently serving in the Army The couple is on a wedding trip to New York City. 'Bugging 1 Admitted By FBI WASHINGTON (AP) - Tn» Justice Department has admitted another case of electronic eavesdropping by the government. It is the eighth admission since last spring. In papers filed Tuesday night in the 1st-U.S. Circuit Court of Appeals in Boston, the department said the FBI had monitored conversations of Louis J. Taglianetti, who later was convicted of income tax evasion. The department denied any evidence used in Taglianetti'r case was obtained from the FBI bugging, but requested a lower court review of the conviction to determine whether circumstances warranted a new trial. A Justice Department spokesman said the FBI reported it installed a microphone in 1H2 at the business establishment of a close associate of Taglianetti and overheard some of bis conversations, Taglianetti of Warwick, R.I., was found guilty last April of evading taxes for the yean 1956, 1957 and 1958. He was s.en- tenccd to three years in prison and fined $3,000. The voluntary announcement of the latest bugging incident followed a Justice Department order last month to examine all eases to determine whether electronic eavesdropping was usect to gather evidence illegally. The department's first voluntary announcement of electronic eavesdropping resulted in a Supreme Court order of a new trial for Fred Black, a Washinj- ton public relations man also convicted of income tix evasion. U. S. Economy Jittery But Robust WASHINGTON (AP) -- The nation's economy, subjected this year to Its first big taste of inflation since the current boom began in 1961, moves into the new year still going strong but with some major headaches. The past year was one of higher prices, higher Interest, supermarket boycotts, talk ol tax increases, rapidly increasing defense spending brought on by escalation of~ths Vternim way and a business investment boon that bad more than a few economists jumpy. Government .experts predict a continuation of the boom in 1967 hut without tbe unusual price increases of 1966. Some foresee a slight slackening in economic activity during the second half of the year. "The eittre year should be good but the first half will probably be better than the second," says one economist. The over-all rise in economic activity, however, could be the second largest in history, second only to 1966 when inflation ate away a good part of the advances. Government economists have used such terms as healthy, robust, steady and strong to describe the over-all economic growth expected to continue into 1967. As 1966 moved into December, the biggest uncertainty of the year was still unresolved -Whether President Johnson would request a tax increase to help meet the cost of the Vietnam war. Johnson Indicated a decision might not come until January. Some private economists who had urged a tax increase early in 1966 as a hedge against inflation said as the year drew t* a close that a tax increase during 1967 might lead to recession. But gemnnient eeonowsti don't see a recession In tbe earth. For the housing industry, the stack already is there. But government experts predict an upturn no later than mid-1967. Despite this prediction, however, privately owned homing starts are expected to hit their towest point ia two decadrs. Tight money -- the icueity tt 'unds which is accompanied by ttgh interest rates--waj "" Here's how Gardner Ackley, the council president, sees the future: "Barring a suddei end to Vietnam hostilities, and given a reasonable degree of wisdom in the fiscal and monetary policy decisions still to be made, I am confident that the economy in 1X1 can continue to provide high and growing production and incomes, steady jobs, and some reductleff of existing dis- tartins, botk real and financial. "Give* as well a reasonably responsible behavior by labor aad management in forthcoming wage and price decisions, we can also been to move significantly toward the re-estah- Hstmeit of price stability." Ackley said the cost of living can't be expected to return to the 1.25 per cent rate of annual increase in the 19CB-65 period but it should'nt repeat the 3.5 per cent rise of IMC. A top private economist agrees that real economic growth next year should ap- proxiaate four per cent but foresees a greater increase in prices during 1967 than this year. This view, said Carl Madden, chief economist for the U. S. Chamber of Commerce, is linked to further acceleration of the Vietnam war. Some government economists, although not challenging the four per cent goal m real economic growth, have said a 4.5 per cent rate is needed to prevent a rise ia uaenpteymeflt a** to prevent an erosion of jot opportunities for Netfoes,. An average 5.5 per cent rise real growth the last 5V4 years dropped tic unemployment rate to less than four per cent of the total labor force duriag 1966. Gross National Product - the value of all goods and services produced in the economy _ reacked M81.2 biitton dwfag IttS and was expected to reach about $740 biHion in IMS. a reetr* rtae «f almost M bfMtm. The IW7 rise is estimated by (he council at atom t» hilrton the second largest in history, Kit with a lesier percentage of the advanw eaten by Minion About CM bfllw. rf tail was exceeded $125 billion, including $20 billion to fight the Vietnam war. This would be well above the $122.8-billioa spending budget sent to Congress for fiscal 1M7. But revenues also have been rising faster than expected and even the Treasury Department -- usually conservative in its estimates -- said tax receipts could reach $18 billion this fiscal y«rr$7 billion higher than projected. The figures for the new fiscal year beginning July 1 were anybody's: guess. One projection -given Nov. 30 to newsmen covering President Johnson in Texas -- went as hifh as $14* billion back part of a steel price increase, but the story was different in August when the industry presented a united front In raising prices on strip and sheet steel by 2.2 per cent. This climaxed a poor month on the wage-price field for the administration. It also saw airline machinists reject a contract settlement drawn up under White Houtt autpiat. TW-ffral - A clearer emerge until picture January won't when President Johasoa presents his budget to Congress for tie fiscal year beginning July 1. And even that is subject to.change later, depending especially on the course of the Vietnam war. Officials in the other regulatory field approved the largest corporate merger in history during tbe year -- tie joiniig of the Pennsylvania and New York Central raHraads -- but it will be 1967 before aay final decision Is made. The Supreme Court is scheduled to review seme aspects of the case in January. Another major merger proposal that would have resulted in the longest rail system was rejected. Tils would nave combined the Great Northern, Northern Pacific and Chicago, Bwliagtoi 4 Quteey iito one h«ge system linking the Midwest with tke Pacific. The Federal Trade Commission, meanwhile, began aa investigation of promotional gimmicks used by soperm artel* to attract business. This was prompted by saper- market boycotts which tpranf u thronchout the country as tht cost of livint continued U rite. Some of th»t» lain gfan- micki were beiac abandoned « the ye»r came to a close. In addition to higher connim er price*. 1£M ilu MW price increase* in batk which thf government settlement «-»U»fi produ iuced an estimated wage and fringe benefit increase of more than six per cent and included a cost of living escalator which the Council of Economic Advisers has called an engine of inflation. The year began with the economy booming and many economists calling for a tax increase to dampen inflation. The administration sought aid got a restoration of excise taxes previously reduced, a new graduated withholding system for personal income taxes and a speedup in corporate tax payments. Social Security taxes also went up last Jaa. 1 to help pay for medicare. Armed with this program, administration leaders resisted any further efforts at fiscal restraint, contending it didn't want to hit the brakes too hard and send the economy into recession. The Federal Reserve Board, meanwhile, tightened credit controls in an effort to dampen inflation and interest rates began tkeir'climb to the .highest level in 40 years. Even short-term Treasury bilk -- which normally command the lowest interest, rate of any security -- broke the six per cent mark ia September. As the year ended, interest rates on Treasury bUb had declined sharply but were still kifh on other instruments, especially mortfaiei. With the business investment boom MiB bownttf as fall »·» nroached, the President asked Congress In lunpend thr seven per cent iavtMment tai credit to cool thing! off Confreu approved the plti in Octftftcf caud Another new law provided for aettle-1 MflhHU «· the inmml M inter- would prodwe * GNP menti which fluttered the ad- "' which could he paid on de- In inj7 *f KM bUlin mtotatratioo't U»ef cent wnfe- '·**·» hy ···*» a«d iiTtefi and figured a* re*] growth al oMnrt ' inflationary *nd *·* Thii . . . . for the slump in hoiwmj nrn-i wr 1 en ·*» way to the tl trillion prtee guidelines. ^Iruction which mw ww utirtj P r() ject«l for 1MO. ft alttt saw «h» ·dMoittrittnn loin unocUtioni. By Vorenbtr, Secretary of or*» late in IMC t. their tow * CMd nart *T th» outptt «m! faff t» end the dKlrit tn the n Uw Trtatnry Henry H fit level since the end ef World I TM"K *·· ynflnMnl tpmt ' tion-uMjahnfe tf uymntu - proclaimed War II. The PTriidnrt'n CnuieU 5connm(c Atvi«m »«ld a four 10" income ai per cent rate tA rent ecaawndr ·» lailnt Urowth to MR mold 1MB tk*|*«nr w*uM -- -JJ-- "~-* M-. -*- -* t _ _ J I ·- - - Inf but at tbe y*w drew to a tha clwe it itill adminiitrttinn June I. Kangas, 739 Chit* Road. I Swift, Houston, Tex. 1 nation wiOfc to nhy4eal ity to nmnnm nnnl greater pric* Mbftty, Son*

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