McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 13 Oct 1976, p. 22

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V EDITORIALS Year 'Round School In various communities across the country year-round school has been tried or is now getting a trial. Crowded classrooms, the fuel shortage and economic motivations have brought about this innovation. A Massachusetts consulting firm recently completed what is thought to be the first thorough investigation of a number of year- round schools in various parts of the country. The report concludes the system is "promising." Such schools allow classrooms to be utilized all year. Schools can handle a greater pupil load. There is a fuel saving in many areas though air conditioning may cost as much as heating in other areas. Americans have long operated a less demanding school system than most foreign countries. Until recently European students attended classes six days a week (some still do) while Americans generally have both Saturdays and Sundays free. American students have traditionally enjoyed long, three-month vacation periods in summer European students often had, and still have, about six weeks. As a result, a European student who finished ten grades of school has attained about the same degree of learning American high school graduates had attained. But there are desirable features in long vacations and they are highly popular. They offer students a long period of personal freedom long cherished as a childhood heritage in America. It is estimated 200,000 American children now attend year-round schools and some see the system as the wave of the future. Some have doubts, even if such a system is more economical. The U.S. birth rate has recently declined and classrooms are no longer increasing in size--and too many parents and students still cherish the old American concept of three months freedom for youngsters. Electric Autos Electric automobiles have gone on sale in several cities in the last year. One, which appeared in July in some areas, sells for $2,900 with radio and heater and gets fifty miles of driving from one battery charge. The owner plugs the battery into a 110-volt house outlet and lets the charge continue throughout the night. The estimated recharge cost is twenty-five cents, which means the owner is buzzing about for half a cent a mile. Since most American cars cost several times as much, per mile, to drive, the electric car holds a fascination for many. Its quietness is also a major attraction--and it doesn't pollute the air. But electric cars aren't new. They were built early in the century when some thought they would win the competition with internal combustion engines. Their limiting factor is endurance. The heavier the car the greater the problem of battery-power. Thus electricxars tend to be small and less than luxurious. There should be a good market for such cars in cities, for city shopping and short-distance travel where traffic congestion and smog are already critical problems, and where gasoline prices tend to be highest. If science can produce more durable and powerful batteries, either smaller in size or lighter in weight, the future of the electric car, which is now utilized by municipal authorities in some French cities, will be even brighter. A. G. Edwards & Sons, Inc. Weekly Market Review A funny thing happened on the way to our third upleg in this market. Unfortunately, it wasn't funny like in "belly laugh " for those new bulls who heralded the two week ago burst into new recovery high ground as a break out. Instead, what happened caused them all sorts of belly problems. If the move to new recovery high ground was seen at the time as a break-out, then the rapid fall back under 1000 had to mean it was a phony and the decline a sell signal. The five trading days of last week saw the steepest Dow Industrial decline of the year. It was due to the euphoria and then the dashed hopes of the new bulls combines with disappointing economic news. The bull buster came last Tuesday when it was reported that the leading economic indicators in August declined a sharp 1.5 percent -- the first drop in 18 months. This report renewed fears of a slowing economy and its impact on corporate earnings. We consider the August figures as no more than an amber light and one cannot extrapolate them into a trend. The lead indicators give direction, not magnitude, and only if for an extended period. No question, August was a funk month but the outlook for September is for improvement and we place the odds of a growth recession as a low probability. This lack of ebullience in the economy probably explains why we remain in this very selective, mixed market. The current sluggish business environment is helping reduce inflation expectations and increasing the chances of a lengthy and healthy recovery. Selling last week was also magnified by a return visit from Watergate. The announcement that the special prosecutor was looking in President Ford's congressional campaign finances also hurt investment spirits. The pounding taken by the British pound was certainly not a positive in this very nervous market. However, it does provide a very clear lesson on what happens if a nation does not control inflation -- perhaps even our leaders in Washington are listening and learning. Down some 50 points intra-day in two weeks, a rally attempt is due. Past that, we remain constructive but with our short term enthusiasm stuck like the stock market. from HISTORY'S SCRAPBOOK DATES AND EVENTS FROM YESTERYEARS October 8,1871-The great fire of Chicago breaks out after a cow Idcks over a lantern in a barn owned by Mrs. O'Leary. October 9,1701-Yale college is founded. October 10, 1913-In Washington, President Woodrow Wilson presses a button blowing up the last remaining obstruction in the Panama Canal. October 11, 1811-The first steam-propelled ferry in the world starts its run between New York City and Hoboken, New Jersey. October 12, ItSO-The Senate Subcommittee to investigate Inter­ state crime begins its hearings in New York City under the chair­ manship of Sen. Estes Kefauver (D., Tenn.). October 13,177S-The Continental Congress orders the construc­ tion of a naval fleet, thus originating the U.S. Navy. October 14, 1947-Flying in an army rocket-powered research plane over Muroc Air Base, California, Captain Charles Yeager of the U.S. Air Force becomes the first person to fly faster than the speed of sound. For Your Information Dear friends, "The most useful part of the whole funeral process is the moment of truth that comes when living persons confront the fact of death by looking at the body", remarked Dr. Erich Lindemann of Har­ vard Medical School. He added, "People tend to deny painful reality - to deny the fact that death has occurred. But when they experience that moment of truth that comes when they stand before the dead body, their denials collapse" - and a return to mental health is possible. Respectfully, PETER iW JISTEN K QDKJ FUNERAL HOME The People's Champion... SECTION 2 - PAGE 3 - PLAINDEALER-WEDNESDAY, OCTOBER 13,1976 AX FACTS | (Prepared by Taxpayers Federation of Illinois) After two weeks of debate, at times very heated, the Illinois General Assembly on Sept. 23 passed speed up tax collection legislation to aid the cause of the common schools, the Taxpayers' Federation of Illinois stated today. The package briefly does the following: (1) Effective Nov. 1, H.B. 5 requires retailers whose average monthly tax liability exceeds $25,000 to submit their sales tax payments to the State 4 times a month instead of monthly as now required; effective July 1, 1977, this threshold will drop to $10,000; (2) H.B. 3, also effective Nov. 1, provides for the speed-up in employer forwarding the State Income taxes withheld from employees (where aggregate amount withheld exceeds $500 per month); H.B. 1, effective Nov. 1, changes the school aid formula, and H.B. 2 ap­ propriates $50 million for school aid, effective Nov. 1. The speed-up collection package is expected to yield an additional $50 million in revenues for school aid during this fiscal year which ends on June 30, 1977. Using the latest available figures for comparison pur­ poses, the local property tax yields more revenue than the combination of the two leading State revenue producers, the Income Tax and the Retailers' Occupation Tax (sales tax). The 1974 property tax, extended and collected in 1975, produced $3,395,038,886 for local governments, $1,888,141,581 in Cook County and $1,506,897,305 in downstate counties. For the last fiscal year for the state (ending July 1, 1976), the In­ come Tax yielded $1,677 billion and the. State Sales Tax produced $1,666 billion. The property tax extension for calendar year 1969 was $2,519,266,062; therefore, the increase in a 5 year period was $875,772,824 ($3,395,038,886- $2,519,266,062), or an increase of about 34.8 percent. The common schools still receive around 58 to 59 percent of the total property tax extension bill. The property tax has fewer and fewer proponents each year, because the idea of living in a home one has paid for, and finding that one owns a little less of it each year, is un­ settling to say the least. Congress spent $925 million on itself in the fiscal year just ended, and it is virtually cer­ tain that Legislative Branch expenditures will shortly pass the billion dollar annual rate. Although the number of Congressmen and Senators remains constant from year to year, government figures show the employment by Legislative Branch agencies totaled 37,303 at the close of 1975, with an increase of more than 6,750 employees, or 22 percent since June 1970. In 1960 members of Congress were paid $22,500 a year; in 1964, $30,000; in 1969, $42,500. Their salary since last October has been $44,600, but the Speaker of the House receives $65,600 and the Senate President pro tempore and the Majority and Minority leaders get $52,000. In addition, each Senator receives a staff allowance ranging from just under $400,000 to over $800,000, depending on the population of his state. The maximum clerk hire allowance available to each member of the House is somewhat more than $227,000. Don't Preheat To cut down on fuel bills, don't preheat your oven when food will cook for more than an hour. When you need to preheat, don't set at a higher temperature than needed PUBLIC PULSE (The Plaindealer invites the public to use this co­ lumn as an expression of their views on subjects of general interest in our co­ mmunity. Our only request is that the writers give - signature, full address and phone number. We ask too, that one individual not write on the same subject more than once each month. We reserve the right to delete any material which we con­ sider libelous or in objec- tional taste.) TO THE ()LD BRIDGE "Dear Editor", "The old bridge is an historical site to the city, county and state. And nobody- realizes how old this brige is, Nobody knows how hard people worked on the bridge to put it up The bridge is ninety-five years old to be exact. And it was hard in those days And has the city of McHenry had a vote for the citizens to see if they wanted the bridge or not? No. "1 happen to love the old bridge. And I'm sure most of the city does too. A lot of people just don't drive over the bridge because it's easier to get someplace. They drive over it because they love it and it's a beautiful site. At least to me it is. Every time I go to town I go over her because I like her and 1 really don't think a new one is necessary. "Truly Yours, "Bob Wilson "Parkland School, Grade 7 "2015 Woodlawn Park" A SECOND FAREWELL "Dear Editor", 1 know I'm not the first to be saying this And God knows 1 don't want to be the last.. I know it's too late now To say anything about the whole project.. You know the people have tried I know it too.. But why doesn't it seem to matter to the others? 1 just can't understand it. We will have nothing left of the original- Just memories.. P And maybe a snapshot or two But snapshots can be lost Memories can be forgotten Then what'. ' I guess they didn't seem to realize how much it did for us.. Besides being a landmark It did wonders for walking to or from town . And who can forget about the many Marine days That were partly celebrated on the bridge'.' It was so great to just stand and look down the river You had no worries of the busy highway traffic.. But as I said before What can be done now" Nothing. So keep your snapshots Don't lose them And keep your memories Because sometimes, You'll find that they're just too important to forget.. "Tricia Frisby "3101 W. Lake St. "McHenry" Mirror,Mirror On The Wall Who's The Richest Of Them All? \ K W Qtt&OEtjl J? NORbVQy QENM4RK EARL R. WALSH & JACK WALSH INS. Fire, Auto, Farm, Life Representing RELIABLE COMPANIES 4410 W Rte. 120, McHenry IBS 3300 DENNIS CONWAY AUTO-LIFE FIRE State Farm Ins. Co. 3119 W. Elm St. McHenry, III. 385-7111 DR. LEONARD B0TTARI 303 N. Richmond Rd., McHenry Eyes examined Contact Lenses Glasses fitted Mon , Tues., Thurs., Fri., 4-4 p.m. Tues., Thurs., Fri., 7 ? p.m. Sat ,9:30 to 3:00 Ph 365 4151 or 3IS-2242 McHENRY COUNTY OFFICE MACHINES SALES SERVICE & RENTALS Mon Sat 9 5 30 Friday til 9:00 93 Grant St., Crystal Lake Ph. 4S9 1224 McHenry Telephone Answering & Letter Service • Answering Service • Car, Telephone & Paging Service • Complete Mimeographing & Printing Service • Typing & Photocopying Ph. 385-0258 "GATEWAY TO YOUR FUTURE" CALL US (815) 385-4810 KRcWSv mn1 ' PEALTOPS Farm Equipment George P. Freund, Inc. Case - New Holland 4102 W. Crystal Lake Rd. McHENRY Bus. 385-0420 Res. 385-0227 .American Viewpoints Speeches that are meas­ ured by the hour will die with the hour. Thomas Jefferson McHenry Area \ *********** McHenry, Illinois 385-0063 •*******************************^ : Are You New In \ * * * * * * * * * * * * * * * * * * * * * * * * * Do You Know Someone New? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO O U R A R E A ! ! ! ! ! ! CALL JOAN STULL 385-5418 i \ i LET'S GET TOGETHER AND TALK ABOUT LOW-COST AUTO INSURANCE. GIVE ME A CALL FOR THE FACTS ON LOW-COST HEALTH INSURANCE. I'D LIKE TO ANSWER YOUR QUESTIONS ON LOW-COST HOME­ OWNERS INSURANCE. I'D LIKE TO SHARE WITH YOU THE FACTS ON LOW-COST LIFE INSURANCE. Call me AMERICAN FAMILY I N S U R A N C E AUTO HOME HEALTH LIFE ® AMERICAN FAMILY MUTUAL INSURANCE COMPANY* MADISON. WIS. S3701 % ROYAL WELCOME J KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST J ********************************* for Details CHUCK LEWAND0WSKI 1108 Violet St. McHenry Phone 385-2304 CALL The Plaindealer NOW This space is available and could bring new business to you. 385-0170 llRELU RADIAL TIRES FOR ALL CARS Europa Motors, Inc. 2318 Rte. 120 815-385-0700 ED'S STANDARD SERVICE STANDARD EXPERT Tl NE-l'P ATLAS Tires, Batteries, Accessories QUALITY American Oil Products PH. 385-0720 3817 W. ELM STREET • RADIATORS * Cooling System Specialists AIR CONDITIONING * Trailer Hitches Fabrication • STEEL SALES * Welding & Ornamental Iron WEL J 71... f! • 3006 W. Rte. 120 McHenry ADAMS BROS. (Next to Gem C leaners) Phone 3K5-07K3 Copy ItJ, • at our new quick-action copy center Important Correspondence Inventory Sheets Accounting Kecords Order & Bid Forms Invoices 4. Statements Catalog Sheets & Bulletins Project/Products Specifications Promotional Letters ^ Flyers Try Th is Convenient New Serv ice Soon ' McHENRY PRINTING SERVICES 3909 W. MAIN 3S5-7600 easy-to-use XEROX' equipment NEw TRAILERS used HILLSBORO& OWENS DUMP-FLATBEDS-CAR HAULERS Stidham Horse & Cattle Trailers Plus A Complete Line Of Braden Winches ADAMS ENTERPRISES 3017 W. Rte. 120

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