Angola High School - Key Yearbook (Angola, IN)

Page 24 text:

RISING MONEY PINCH The American economy crawled under the effects of both inflation and recession as prices clim- bed and numerous men and women stood in unemployment lines. In October President Ford urged a 5% surcharge in additional taxes to fight inflation after refusing to identify the depressed eco- nomic state as a recession. Then in January he turned around to estoblish tax cuts in his new pro- gram. Nationally, large businesses suffered tremendousl . The output of goods and services declined. The auto industry sales decreased by more than 307o, and the overall unemployment rate was the highest in thirteen years at 8.2%. In the grocery stores 5 pound bags of sugar reached record prices, sometimes selling for as high as $3.59. Locally, recession and inflation touched many Angola residents. The decline in the auto industry also caused workers at Weatherheod to be layed off. High school and college students found jobs nearly impossible to obtain. The money pinch continued within the walls of Angola High School as students and teachers found that extra spending money wasn ' t as plentiful as it hod been in pre- vious years. - li $20.00 Special low cost film PLUS 25C GW SUGAR COUPON FOR . EACH FILM ' ROLL! w ■■- ' b ' ,- .9 1 A

Page 26 text:

Hi-Y creates Christmas Mansion The talented group Velvet Rush furnished the nnusic for the December 1 4 Christmas Prom. The dance with the theme Christmas Mansion was held in the High School gym, and the Hi- Y sponsored the dance with the assistance of the Y-Teens. Lavish decorations adorned the gymnasium and surrounded the throne of the Queen and King. Senior Ray Chrysler was named king, and his date was Debbie Willibey. Junior Paul Gilbert, sophomore Bruce Golliff, and freshman Paul Golliff, were the other candidates. Clockwise starting upper right; Beth VanWagner boogies barefoot to the sounds of Velvet Rush; Mr. Wright and his wife enjoy chaperoning the dance; Rod Parrish and his date find the tempo of the music just right for a romantic slow dance. 22