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BETHBAGE
BOTA&E Km M
I..,,.,.
OLDBETHB»GE
also serving ISLAND TREES
PLAIN VIEW PLAINEDGE SEAFORD
VOL. 9 NO. 22 Thursday, April 24,1975 10 cents per copy
Off the Press.
LEVITTOWN - JOHN P. KILBRIDE,
President of the Diocesan
Union of Holy Name
Societies of RockviUe Centre,
today called upon the New York
State Legislature to immediately
enact a law prohibiting mortgage
foreclosures during the present
depression. Noting that the mortgage
rate, according to the
Mortgage Bankers Association,
has risen to a high of almost 4»/4
tenths of one percent, Kilbride
urged prompt and drastic action
to protect the homes of the
American worker. "These statistics,"
Kilbride said, "tell us
that right now 84,600 homeowners
are facing the loss of their
homes."
President Kilbride announced
that The Diocesan Union of Holy
Name Societies of RockviUe
Centre has endorsed the principles
espoused in Intro. No. 985,
proposed on Jan. 14, 1975, by
Assemblyman Lewis J. Yevoii, of
Old Bethpage. "Specifically,"
Kilbride stated, "court actions on
bonds and other evidences of
indebtedness would be suspended
during the proposed three year
emergency period as long as the
homeowner pays reduced interest,
namely, one fourth (Vi) of
the interest rate set forth in his
mortgage bond or note.
Another major feature of the
Yevoii bill, Kilbride indicated, is
the provision that the foreclosure
of a mortgage is prohibited if the
homeowner pays yearly one-half
(1/2) of one percent to principal.
Kilbride mentioned that at a
recent hearing held by a Temporary
State Commission a banking
executive had testified that
late mortgage payments were
related to higher taxes, utility
and other rising costs inherent in
home ownership.
Some of the early victims of
mortgage foreclosures, Kilbride
continued, are:
Homeowners with mortgages
at low interest rates.
Young families who have just
purchased a home, and suddenly
find the principal wage earner
without a job.
The middle age worker,
newly unemployed.
"The depression," said Kilbride,
"is of great magnitude and
its duration is a matter of ongoing
debate by our leading economists."
"One may recall," Kilbride
stated, "that on Jan. 7,1975,
the New York Times headline
was:
JOBLESS RATE POSSIBLE
IN 1975 GREENSPAN SAYS.
"Alan Greenspan, chairman of
President Ford's Council on
Economic Advisers said today
that the nation's economic slump
could last longer and be deeper
than anticipated and predicted
that unemployment would approach
8 per cent of the workforce
this year."..The unemployment
rate on Jan. 7, 1975 was
7.1 percent, today it is 8.7 percent
- and few will predict that this
constitutes the bottoming out
level.
Kilbride pointed out that on
Aug. 26, 1933, legislation passed
by the New York State Legislature
for the relief of distressed
debtors became effective. This
pioneer enactment is quite
similar to that supported by the
Diocesan Holy Name Union. New
York's highest court, the Court of
Appeals, sustained the legislation
on the ground that it was for a
limited period during a declared
emergency and did not violate
the Federal or State Constitution.
In the recent past our
Assemblymen and Senators have
expressed their admirable concern
for and protected by legislation
the Thalarctos maritimus
and the Uucia uncia. It is now
incumbent upon the representatives
of the people to protect
the homeowners and taxpayers of
New York State. Let the message
of the people be loud and clear.
Let this clarion call echo
throughout our State - SAVE
OUR HOMES.
Airport Is H No No Ha
6 8 0 Residents Protest Grumman
Herospace Corp's Controversial Plan
To Open Its Private Airport To
General Rviation
DENIS DILLON, NASSAU
COUNTY DISTRICT ATTORNEY
today advised the
public that almost 40 complaints
and inguiries have been forwarded
to his commerical
Frauds Bureau from prosecutors
and other officials all across the
country concerning letters
received from Nationwide
Abandoned Property Recovery
Agency, Inc., 70 West Sunrise
Highway, Freeport, N.Y.
Dillon said the recipients, who
live in eleven states from coast to
coast, received letters from
Nationwide stating they had the
"same generic surname" as the
depositor of record of a bank
account that had been abandoned
and was being held in state
custody. The letter went on to say
that because of the similarity of
name, the recipient may be
related to that depositor and as
such a possible heir to the
proceeds of the account.
According to Dillon in each
letter the "Research Director" of
Nationwide offers to send his
"research report" upon receipt
of $15.00. This report merely
informs the reader of the name
and address of the depositor and
the bank and the state office
where this account is presently
being held.
The Nassau District Attorney
said "that although there is no
known readily ascertainable
violation which would warrant
criminal prosecution by my office
at this time, my Commercial
Frauds Bureau, together with the
United States Postal Inspectors
and the New York State Attorney
General are investigating this
matter.
Dillon warns Consumers that
the only basis for sending the
initial letter is the fact that the
deceased depositor and the individual
contacted by Nationwide
have the same family name.
He cautioned persons receiving
(Continuedon Page 12)
Although Grumman has
tried to show the people of
Bethpage and surrounding
communities that it wants
to be a "good neighbor" it
has been increasingly
difficult to cool the
charged emotions of the
opposition concerning the
proposed expansion of the
airport.
On Monday evening, the
P-TA Council called a
meeting of the community
in order to give the
Grumman Corporation an
opportunity to explain the
project.
There were no takers as
the Corporation officials,
supported by FAA experts
and representatives from
the County tried to outline
the plan. The County official,
Martin Gach, explained
his position as
neutral at this time but
said that the County is
concerned about the high
level of unemployment in
Nassau and the possibility
of Grumman moving out
of the area. However, if
Grumman does get the
right to proceed with the
planned expansion they
must conform to "federal
and county standards of
safety." The FAA official
said Grumman was only
required to give their
agency a notice of its intention
to open the general
aviation as long as it
complied with the federal
regulations.
TOB Councilman Sal
Mosca, also a resident of
Bethpage, told the
cheering crowd that he
would fight any attempt
to turn the field into
general aviation and said
Grumman must seek a
zoning change from the
Town of Oyster Bay before
it can proceed with its
plans.
Raymond Galloway of
Sheridan Avenue whose
home abuts Grumman
said the planes were flying
about 40 feet from his
chimney and that he could
see the lights in his dining
room. He said I don't need
candlelight to eat by. He
yelled out "how would you
like Kerosene with your
hot dogs or eggs in the
morning?"
Emotions ran high as
one by one people rose to
show their concern, fear
and hostility to the
planned expansion. One
woman said the community
recognizes
Grumman's importance
as an employer but that
Bethpage has had to put up
with wider streets,
unheard of traffic flow,
and now the threat of this
new expansion.
A man whose son was
killed on Central Avenue
spoke passionately about
the safety of children not
being considered. Three
children have been killed
already on Central
Avenue. Since then,
however a traffic light has
been installed but it is still
hazardous for anyone
attempting to cross over.
Representative from
Assemblyman Yevoli's
office and Philip Healey
spoke in opposition.'
Healey said "Grumman
could make money with
underdeveloped land it
now owns." He referred to
Grumman's reason for
reducing the present
$600,000 overhead it now
has on the field. Yevoli's
letter appears on Page 4
under Letters to The
Editor.
Despite all the protest, it
appears Grumman will go
ahead with its plan for the
General Aviation facility
and meet the
requirements under FAA
standards.
As one woman lamented
-- "Why Bethpage - first
the state divides our
community, cut us in half
with the Oyster Bay
Seaford expressway and
now this - WHY BETH-PAGE?"
'Public' Bethpage Airport Seen
Vital To Nassau Progress
"Grumman Aerospace
Corporation's recent decision
to extend use of its
Bethpage, NX private airport
to include limited
general aviation operations
is hailed by the Aviation
Council of Long Island
as a vital boost to the economic
recovery of Nassau
County. The Bethpage airport
has been in operation
for over 40 years.
The seven-year old
Aviation Council of Long
Island's objectives are a
better public understanding
of general aviation,
keeping Long Island competitive
in the aerospace
industry, and promoting
aviation facilities and
safety. The Council unanimously
passed a resolution
supporting the Grumman
decision and recommending
"public" airport
status as soon as possible.
Arthur Bauer, ACLI
General Aviation Chairman,
pictured a "public"
Bethpage Airport as sav-
(Continued from Page 9)
Object Description
| Rating | |
| Title | Bethpage-Tribune_1975-04-24 |
| Subject | Newspaper |
| Description | This is a Newspaper distributed locally within Bethpage, Old Bethpage, Island Trees, Plainedge and Seaford. |
| Creator | Florence Cullem |
| Publisher | Florence Cullem |
| Contributors | Scanned and Prepared by Hudson Microimaging, Port Ewen, New York 12466. |
| Date | 2010 |
| Type | Periodical |
| Format | PDF; TIFF |
| Source | Bethpage Public Library |
| Language | English |
| Coverage | United States |
| Rights | The Newspaper is in the public Domain and Digital Rights Held by Bethpage Public Library. |
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