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Republic-democrat. (Brockport, N.Y.) 1955-1974, November 18, 1971, Image 2

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ERIE CANflk PUBHe'ATIONS Thursday, Npvembet 18, 1971 Report from AlBany by State Senator , James Powers Mutters f Much has beep in -the news of late related to the defeat of the Transportational Bond Issue. This defeat has caused'a state fiscal rises. To be brief the Governor anticipated that the 2 1/2 billion bond issue wduld pass (as a matter of record, I had. predicted Its defeat). The Governor had planned to borrow 300 niUlibrt dollars from this bond issue to balance this year's budget. Now this source is nonexistent, this - means we will not only suffer a deficit during this fiscal year, but next year's budget ihust be balanced without aid of a 2 1/2 billion dollar bond issue which was rejected November 2,1971. The state must reduce spending and since two- thirds of the state's budget is the \Aid to Lo- calities'\ category* we can assume state aid re- ductions in present levels. Now, here is the rub. The state's fiscal year runs from April 1, to JMarch 31; with the first state aid payment (fin- ancial aid to localities) being made* in July. How- ever, towns and counties fiscal year begins in - January and ends in December, the town and county budgets have been or will be passed this mdnth. Since state aid i s an important source of revenue, the budgets were submitted in anticipa- tion that state aid would be the same as last year.- Now k appears state aid will have to be cut which means the towns arid counties win received fewer dollars the last six months of their fiscal year than the projected income. TOelimih- REVEILLE ate this confusion in the future, I willsubmitlleg-' islatibn next year to have the towns an'd counties' Hscat year runTrom July to June. This timing then would co-otdinate with state payments, lam sure most town and county officials will normally«. feel we are not doing enough to help them meet •• their obligations, but at least by changing their fiscal year they would know exactly how ittuch money they would receceive and be able to plan a budget with greater accuracy. It should also he noted that school districts and vilWes have • varying fiscal years which should also be changed, However, certain rather complex problems in- „ yolved in education may preclude a change at this., time. . by A. Richard Arnold Member, international Association of-Financial Planners to d o the same job; or $616.60. But wait**, that's only the year you retire..-Assuming that inflation goes on, and that you plan to live to age 75, at leasts^ you'll need 21,6% more dollars -at age 55Jhanj£age65VQr^0Al;4p&^ \Well you say* \let's start putting mbriey in the bank^ and we'll live off of the interest.\ Do you know how mutih money you'li-fleedin the bank to retire with $850.<)b monthly income in (let's say) 6% interest in 1991? Put your guess here: • ' HAVE YOU GOT ih-Dighicy? IT TAKES To Retire 'Wewfctiyfott ^efwt by Tom Pack by Congressman, Barber B. ConaBle, jr. This past week the House passed the--Higher Education Act after several marathon sessfen^f arid a good deal of acrimony. It is watershed type legislation, greatly affecting.the expenditures of government^ the freeddm of colleges, andfcqas- ibly their relationship to the public over the years to come. Since I voted against th$ bill, I. owe some explanation of. the difficulties I envisage, the genesis of the bill is the real fiscal pres- sure now damaging the performance of ,the M- „ tion's colleges. Cutback^ in defense and space ;• research, soaring salary costs, program expan- sion a s a result of student pressures, ri'\\ MIKE: Did you hear about the butcher who backed into the meatgrindef? IKE: Nb; what happened?' MIKE: Well, he got a little behind in his business, --rand found it hard \hard to retire in dignity,\ I might add! Hopefully* dear reader, when YOU retire. It will not be in such great haste. A little planning NOW, no matter what your age, will be a big first step away- froih dependency.' Cet's assume Jhat yoii are age 4$v\You are more than half waythrough your earning years. How much would you need, a month to live on if you were-retiring in-1972? Shall we try! $1,00 i week? that's $430 a month. If that's a good igure for you, look back 20 years to 1951. if ydu had retired then, you could have lived |ust as well on $300; the difference being due to inflation, of. course: .43-1/3% more DOLLARS needed t o do the. same job'20 years later. So now (if you haven't already guessed), we'll look ahead to our 45 year old's ACTiiAt retireittent date, 1991, twenty years into the future. For sake of example, let's assums that the rate of inflation continues; rather than grows, so 43r 1/3% more DOLLARS will be needed THEN than NOW and Candle 4 73 MAIN ST. * Ejrockpprt, N.Y. 637-6163 --- Open Evenings —- HALLMARK CARDS £r Unique Gifts For All Occasions From reading other newspapers magazines and the like, alcoholism seems to be a 'news worthy' subject, so here goes, the 'experts' telljis that more men and women suffer fromraicoTioTisihr or enjoy it, or both. Doctors regard it as an illness but unlike having a cold from which you would like to be cured, the drinker does not-always-. want to b e cured, tht e only time a- person wants to be cured is when i t gets so bad he becomes frightened. Strangely enough, the people who write vigorously against alcoholism and abput the sad effects, are among the very ones who 'indulge'. Why should this be, you ask? Psychiatrist Donald; Goodwin has launched a study to find out why writers seem to drink more than persons in other professions. From his findings it appears that ' writers come second only to those that operate ' or own their own gin mills because, as he says, \Naturally there is risk of becoming a alcoholic because they are surrounded by the stuff ail the time/' He also noted that out of six American writers that have been \BwaxdedThe-Nohle-Prize- for Literature, four were alcoholics. Eugene O'Neill, Sinclair Lewis, William Faulkner and Ernest Hemingway. A fifth writer, John Stein- beck was also a heavy drinker. Psychiatrist Goodwin goes on to say\writing is a form of exhibitionism; alcohol lowers inhibitions and nat- urally brings out exhibitionismi\ . Writing also requires an interest in people so alcohol increases socialbility. Writing also involves fan- tasy and alcohol promotes fantasy. Writing re- quires self confidence and alcohol bolsters self confidence. To write is to be lonely and alcohol helps overcome thatjioneliness. .Ithas been sug- gested that there is another reason, whether true or false your writer has no way of knowing* at this time,' that reason being that writers drink more than other people because they can do it without hurting others. QnlythemseiveSi Drunken doctors, nurses, attorneys, policemen and any person with responsible positions can cause dir- ect damage to others in their daily work, if they go to work drunk. That may be so, however it does not effect tne because J am not a 'writer', and I do hot indulge in 'tee many martooni's \when 1 put wordrtDgetuei. After-attphow-ean-ene-- be arrested for drunk and disorderly when in charge of ones own typewriter? enrollment, reduced private contributions follow- ing both student unrest, and slack in the ecohoniy; -| arid many other factors mSfce up what has'beetv'f described as a collegiate fiscal crisis. Although,\ substantial federal sums aye already made avail- '. able to colleges, there is no generalized a'id,' the goal of this bill, since .college grants Wave to be used for specified purposes, \ ,'-\ ' This bill authorizes general grants to colleges . based on the number or .students, with some small' bonus for the ones who have students participa- -Jihg—te-Jederal:-pxogrAms_oL,studemVaidi^NQte'. that I said the bill authorizes such grants. 'At full funding the'bill could authorize fe4eralex*' penditures of $23 Billton qyer the next five* years. Nobody here thinks even a small paft of that sum will ever be appropriated. 'Noco'dy # .even pretends direct institutional aid t o private' religious colleges will be permitted to stand by, the courts if challenged on constitutional ground's. ' •\'Efforts to require maintenance of state effort > in aid to colleges as a condition of such fe'deraO aid were defeated on the floor. Efforts to itir; • elude an author-lzatiori of emergency fekeral tf aid' for colleges- with special T fisca'l probtern& i • Were also defeated on the floor. I supported both WA \ Jewelers • Main St Brockport 637-5766 • Big N Plaza 637«~ m t H n„ s*,. *„„ • Hflltey MftfiBH Pally WTwrnTrpm Hamlin Meadows WB&'** 1 & 2 Bedrooms All Electric Fully Carpeted Rentals From $160 -Immediate Occupwsy— - Model Open ? to 5 Won Thru Sat.' 964-3140 these-unsuceesstuLefiflE Let's assume this bill, nowpassedby the House, ultimately becomes law. What isiikely to happen? First, probable ultimate funding under the bill has tof be evaluated in the light of an expected federal deficit for next year approaching $30_ Billion, wkh many high priority claims for ex- penditure increases. Next, with some colleges in \real trouble while others still have huge en- dowments to work with, remember that we have to spread this money where it's hot needed to get it where i t i s heeded, • Next, remember •, the fiscal pressure on our state legislatures who have still not been - offered the possibility of the kind of revenue sharing we are here offering to college presidents. ' the total picture Is. one of potential disaster. The legislatures, relying oh the \promise\ of the federal authorization, unfettered Jby a'ri'y>matnfen'-; - ance of effort requirement, will cut back on their support of hlghexeducation,_Corigress will fund the federal programs only modestly,\ with that money widely spread ahd automatically allocated without regard to need. Even the Elementary and Secondary Education Act, now an established part of the federal government's role in education, is still far below full tundingtmuur current-prac tice. The result .of this 1 kind of legisTSfive hy- pocrisy is actually to the detriment of the pro- ^daed\benefic±aries in this ease-ife&eolleges, 1 can see the outraged education lobbyists descend- ing now, and who can blame them? There is more to this bill than i have described. For instance, more than $1 Billion is authorized for emergency aid t o public schools required to integrate, but hot forbussin. College faculties and professional- or -graduate- schools-are-henceforth required to include equal numbers of men and wo- men. But the central issue is as I have described it ~ an empty promise of mischievous propor- tions to all the nation's colleges, and no real pros- pect of substantial assistance to those which need help most. Built On Your Lot 2 or 3 Efjtdroam, 1 Bath Large Living' Room and comb mo\ tloh \L\ shaped Dining Area, Full Basement, Wi Car 'Garage., \LaunaYy area roughed in In Basement Alum. combination stornj and screens. Seamless gutters, Pre* painted Sidirtg with a Written Warranty, livin g Area to ' have \wall to wall carpeting or hardwood floors Free standing range. Complete* Septic System, 1 Well also. $21,000 Roy M. Kenyon Realty 16826 Ridge Rd. Holley 631-8576 &*fltflf4& tt*s true that I know how to help Good Privers save money with Allstate Auto Insurance. If you qualify-and 8-oQt Of TO Allstate policyholders do-you\ll be brttitf'Oii'- to ! i.Aftsf3tfi5sj^pfet;iaIl1wBoMd'!ftWer rafe^A^y;- Whafs more. I have d whole list p'^bther ; pHAttstate-discounts thtrHnay-save—— ' Letjs find out how much money you can save today j^ p Huckne ,| 437-4891 or 637-5205 Registered'Ropicsonlal vs.. Allstate. Enterprises Fund Snlei. inc. ^ Insu'dnrr ComiMiticS NarthDrouk. Il|. '?#;•* We are hoi tdhsi.ye H «i Perry IS PaK'oi; of tertian Qi the newes inpnths in Rey; pal nude a ir Foregoing ~yctteii to .This is Next'1 hold a Nationa Charitj th'e' cb prograi Americ Palsy ; iation i <A 197] for the support HaH, a ALBIOl fhrei Howell game w with the 1st: WI 2nd: Ge 3rd: Jo BA.TAY . Eight jnem. 1 84 mati scores, iter jflm 2Jld:K3e( 3rd: Rfc 4th: Jab EAST - tBEtCon 2nd: Cm 3rd: Shi 4th: Ines BROCK] Three ment. T 25 mate scores, 1st: Job 2nd: Coi 3rd: Roi LUNCHES Fabulous -DIRRERS fri. Nite FISH FRY I Taking Bo»kingson WEDDINGS & | J Frida y & Saturday Hites CHRISTMAS Parties TO FRANKIE NAN Air Conditioned Giisis Steak House & COCKTAIL LOUNGE Wed. thru Tues. Nov. 17 • 23 Prompt Service ! Nowhere in the coiintry wi 11 you be able to find such a beautiful assortment of the latest designed wedding announpements and iavitations. Come in and see our —selection^ A variety of Thanksgiving dinner dishes and several suggested uses! for the left- overs will be featured; on French's Cooking School of the Air Wednesday, Nov. 17 at it a,fn.~6irt3ituiiiBl Sr\ Home Economist Ttudy M.C Nail will demonstrate hew -r^Gipes^oc-tuiiejtstuffiOgSj^ ^-crahbefrv salad and the TWTFLTMOtttrt s.ott TirSpencerpott-f See Ellen or Marie Suburban News Suburban Press inc. 2472 South Union St. Spencerj>ort, N.Y. traditional pumpkin pie. Co-host Rita DuBoiSi head ' ' hoihe^econOinlBl: ofdie4lMPr- French Co. test Kitchens, wul follow with leftover ideas for turkeyroH ups With curry sauce, turkey pancake stacks, and an orange turkey casserole. ^The half-hour special will appear in color. ERIE CANAL PUBLICATIONS DEAD1. INE for THANKSTGIVING WEEK EDIT ION IS f RID AY N6VW Close Out on All Remdimng . . of A Tremenddus SAVINGS! on wagon very ileorr. 1964 Gbrysler Nowport 4 dr. srion, Aut| * ^powr-Stegrlng. _ ^^^•^^Ir^laMoJiJilagori^jtSpaeiLRoJfeA- Extra Cteon. conditioning. 1969BUICK t-«Sabre, 4 Door Ssdon Low ', rhilaags,. AlrjCoricH'tibhed. JSZfLQl'll. 2 Door V«ry Clean 1970 BUICK Electro, 4 Door Hardtop, low rnlleage, Ftill Power Air Conditioner! 1968: BUICK *rrdcatConveftiBleTrai»ff-- TBSH7lBvrmHenyrii rjfi RUICK LeSabre Sport Coupe 1 97 0 BUIG K LeSabre 4 Dr. 20,000 Miles, '67 Chev* Bel Air V-8 Auto. V995, 0 '' S. Lake Rd. Brockport, N. Y BUICK 3&w Strand BROCXPORT <T2H> WINNER OF 2 ACADEMY AWARDS! I f BEST SUPPORTING ACTOR-JOHN MILLS MM BEST QNErVWrbGRAPHY - ' - -METR&GOtbwy'N^AVER Prenntr^. — ^ f - Astory of love. Rimed by David Lean , -''Ryans Daughter! - ?°SB?rMttCHUM lKOOHHW«Rf>CHRISIDfHF3)-JC Wed ; , fhur.,-Frl.', Sat, Hon. Tues.,7:30 P.M. Only Sunday 4:30 and 7:30 , Sat. & Sun'Matinee Ohly Nov. 20-21 LSJ CHiLDREIN'S MATJINEES hows Starts 2:00 P.M. COLOR n i? D EN u C ^,l!?S! ,E Jk£ L * IR . E GLOOM -KARL BOEHM • WAITER StEZIIK ^E\S L & B A R * E0EN • YVETTE MIHIEUX/RUSS TJIMBLYN JlliBACKIiS^BEllUiyimDJ • TERRY-THOMAS • BUDDY HACKETT Illt a WiRaiifiiSSiiSS FRIDAY Nov. 19-23 DOC STACY K^ H rartDHNaWAY ^^^,3 y^jN ...MIKEWITNEV. ^\^™™* . fUtP -:.\\T\; ) : UniiBd/lrtiW* SHOWTIME 7:00 and 9:00 \V BobNpjrti timelj^ar took us tt idiosyncr Bordldfai Towarc questions the head i John Ki pennant i of hlsney be with u Mike I Saturday tihat>\cru ThiB we —^31uliorLJi arranged _viding us \\\-torj-tjiub^i The r« regulator attention tary of tb immc t~ Coj HeifeiE 'A l o under i dentiaL illegal orJnot, peared OWs ont'Fdri coWide sulpoej logic tl 'But ri right t( tutiona I tak tiatfap tial pap -—more-u -...Ulrpaj •Thui be ; aW -^-The fteyhi • 'liub y«ii'. —part 0 iSnioii !\th« regiila: b*\ If it .yotfffil

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