Honey Grove Signal-Citizen (Honey Grove, Tex.), Vol. 73, No. 40, Ed. 1 Friday, October 9, 1964 Page: 6 of 8
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Honey Grove Htgnal-Omsea
Social Security
Notes
"It’* hard to believe there are
adults in the United States who
don't remember the Depression.”
Gus Jones, social security district
manager in Sherman, remarked to-
day, "The general deprivation ex-
perienced by Americans in the
1980’s is, to them, only history.
To those of us who went through
it, though, it is still very real."
The Depression was an immedi-
ate cause of much social and econ-
,omtc reform in the U. S., Jones
continued, and much of Roosevelt’s
New Deal is still with us. The
social security system is perhaps
the most extensive of the programs
— started in the 1930’s that are still
Friday, October 9, 1964
going on today.
Thirty years ago, in 1934, Presi-
dent Roosevelt appointed the Com-
mittee on Economic Security to
study and make recommendations
towards solving both the immedi-
ate economic problems of insecur-
ity created by our rapidly chang-
ing society.
As a result of the Committee's
report, the Social Security Act was
proposed and enacted in 1935
The law then encompassed State
Welfare programs partially fin-
anced by grants-ln-aid from the
Federal Service, and Federal Old-
Age Benefits for workers 65 and
over. This last provision has de-
veloped into the largest social
insurance system in the world,
in just 30 years.
The process of development has
been quite steady, Jones went on,
RISK LOSING
VALUABLES
with the largest steps forward
being taken in 1940, 1950, 1956,
and 1960. In 1940. Congress amend-
ed the Social Security Act to pro-
vide benefits for the families of
retired workers; in 1960, coverage
was further extended to self-em-
ployed persons and domestic work-
ers; in 1966, self-employed farm-
ers and disabled workers over 50
were covered (amendments in 1964
had provided for a "freeze” of the
social security earnings records
of these disabled workers); and in
1960, provision was made for re-
duced benefits for retired people
at the age of 62, and coverage was
extended to all disabled workers
and their families, regardless of
age.
The social secqrity program as
it now stands, Jones said, covers
9 out of 10 working Americans and
pays monthly benefits totalling
almost $16 billion a year to almost
20 million retired or disabled work-
Enlargement And Development Of
Farms Aided By Ownership Loans
Credit needs of Fannin County
Farmers hindered by the problem
of obtaining finances to develop
and enlarge holdings necessary for
a successful operation often may
be met by a USDA Farmers
Home Administration Farm own-
ers and their families. And studies
like the one made by the Commit-
tee on Economic Security, are go
ing on all the time so that the
social security program can meet
the changing needs of our society
Jones invited anyone who has
a question about the social se
curity program to call or drop
in at the social security office at
315 W. Mulberry in Sherman
The staff will gladly provide in-
formation and assistance.
HE WARM
TIpnrlinKn'
Thousands of owners
warmly praise the remark-
able heating ability of the’
Dearborn Deluxe Gas Area
Heater. Tops In quality and
performance. Famous Cool
Safety Cabinet
. . . .entrust them to a Fannin National safe
deposit box. Important papers, documents,
bonds and other valuables may be irreplace-
able. Don't take chances! Protect them.
Bring them in today.
FANNIN NATIONAL BANK
IN WINDOM
“We Aren’t The Biggest Yet, But We’re Working At It"
Dial Operator and Ask For
ENTERPRISE 2411
(No Toll Charge)
Banking Hours: 9 to 3, 6 Days a Week
Member F. D. I. C. —Deposits in this bank
are insured by the Federal Deposit Insurance
Corporation, Washington, D. C. $10,000
Maximum Insurance for each Depositor.
Shelton Hardware
PHONE FR8-2221
ership loan.
In reporting this fact, Tom Wil-
ey, FHA County Supervisor, this
week explained this is not just a
local problem but a national one
faced by thousands of farm fam-
ilies.
"Throughout the United States
today are thousands of family
farmers who require supervised
credit for doing such important
things as combining small land
tracts, establishing permanent pas-
tures, financing needed soil and
water improvements, constructing
or renovating dwellings and es-
sential farm buildings or taking
other necessary steps to increase
their farm’s income producing cap-
acity and efficiency,” pointed out
Mr. Wiley.
In general, agricultural produc-
ers facing this problem are in a
group of some 1,000,000 farm
operators who now gross from
$2,500 to $10,000 annually and
require additional income to re-
main on the farm under the pre-
sent day’s economic conditions.
“FHA farm ownership credit
for enlarging and developing
farms are tailored to meet the
needs of Individual farmers,” em-
phasized Mr. Wiley.
"Borrowers are also helped In
analyzing their financial problems
and given assistance In determin-
ing kinds and amounts of resour-
ces needed for success.”
The$ie loans carry a 5 percent
annual interest rate on the unpaid
principal and are scheduled in
equal principal and Interest in-
stallments for repaying over a
period not to exceed 40 years.
It is the privilege of each farmer
borrower to make additional pay-
ments during high Income years in
order to establish a reserve that
may be used to keep the loan in
good standing during low income
periods.
Supervisor Wiley reports that
Fannin County FHA farm owner-
ship loan borrowers stepped up
their operations to the level that
they raised their net incomes by
20 percent during fiscal 1964. An
important part was .played by im-
proved farm and home practices
in making this help effective.
Application for Farmers Home
Administration loans may be.made
at Mr. Wiley’s office at Rayburn
Federal Center, 102 John F. Ken-
nedy Drive, His office is open
Monday through Friday from 8:00
to 12:00 a. m„ and 1:00 to 5:00
p. m.
Remarks About
Highway Week
This week Is set aside as Nation-
al Highway week. If you haven’t
already visited the Highway De-
partment at Bonham, Ladonta
or Paris, I do wish you would
make them a visit, If you possibly
can. Let them know bow much
you appreciate what they have
done and are doing In Fannin
County. Mr. L. D. Cabanisa, our
district Engineer at Paris is do-
ing a wonderful job.
He has really been good to our
County. Mr. Joe Clark, our County
Resident Engineer at Bonham who
is retiring this month, has co-
operated with the Commissioners
Court on every project. He has
done a swell job. Also the ones
that works with the Engineer De-
partment and maintenance De-
partments, they all are cooperative
in our dealing with them.
—Johnny Avery
To be successful every man
duty-bound to keep his train
thought in constant repair.
The Monroe Dootrine was pub-
lished in 1823.
Attend Church 8unday.
—
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A tax-paying, invostor-owned •lactric utility.
WfiiCH LBJ IS YOUR IMAGE? a great statesman once said that we are the image of the men we elect
to public office because they reflect us. The supporters of LBJ should ask themselves, “Which LBJ is our
imager ------------
THE LBJ WHO
Ip'
T
1. For 15 ytors opposed oH civil rights legislation saying If
would “set up a polico state”.
2. Opposed all F.I.P.C legislation saying, “If a man can tad
you whom you must hire, he can ted you whom you most
dre".
5. Housed negro tenants on his wife’s Alabama plantation
in houses unfit for human habitation.
4. Placed restrictions in the deeds to lots he seid in Austin
‘ prohibiting forever the sole of these lots and tracts to
negroes. *
f. Double-crossed union labor in 194S when he ran fa;
the Semite on the Taft-Hartley bid which union labor
denounced as the worst anti-labor bill in history.
6. Won the endorsement of the captains of industry and
finance by promising token opposition to higher prices
after the election.
7. Posed as the champion of the common man, the Mend of
the people.
OR THE LBJ WHO...
‘—A
Rammed through Congress a civil rights bid far more
drastic than the bids he foughf for so many years.
Rammed through Congress a law which gives a bureaucrat
the power to compel the industry where you work to
establish a balance between Negro and White workmen
just as White children m New York City who live a few
blocks from their schools are being transported ten mdes
to Negro schools in Negro neighborhoods to establish the
balance demanded by Negro leaders.
Sheds crocodile tears over poverty and vows to wipe H out
by spending billions of your grandchildren's money upon
volt buying projects.
Denounces discrimination against Negroes and pledges to
wipe it out by compulsion and strong arm methods.
Was 100 percent for union labor whan he ran for tho
Senate in 1941 with the support of unions.
Won tho endorsement ef union labor by promising to
support higher wages and fringe benefits and by accepting
Humphrey and Yarborough.
Amassed a tremendous fortune (LIFE claims $14,000,000)
through a monopoly in the television business in Austin
and surrounding area.
WIU
THE
REAL
LBJ
PLEASE
STAND
EAST TMlKANS FOR GOLDWATER
Paid Political Advertising / Tom Clay, Chairman / 104 North College / Tyler, Texas
"Knowing Lyndon’s record since he came to Washington as Clark to Congrassmen Kleberg, I cannot sincerely baSeve that Lyndon’s con-
yt dact hs* been above suspicion, or that he has abstained from the appeemnoe of evil. Despite the well organised smear against Barry
Goldwater. I believe he Is honest, sincere, able end courageous. Hts record It above suspicion'' — MARTIN DIES. SR ^
"IN YOUR HEART YOU KNOW HE’S RIGHT
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Morrow, Joe T. Honey Grove Signal-Citizen (Honey Grove, Tex.), Vol. 73, No. 40, Ed. 1 Friday, October 9, 1964, newspaper, October 9, 1964; Honey Grove, Texas. (https://texashistory.unt.edu/ark:/67531/metapth519674/m1/6/?q=%22%22~1: accessed August 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Honey Grove Preservation League.