Economists urge tax hikes amid mixed inflation signals
First National City Bank of New York said Monday that economists advocating tax increases to curb demand may be confusing food and services inflation with broader industrial inflation.
06 Sep 1966
Page 1
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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Sep 06, 1966
Page
1
First National City Bank of New York said Monday that economists advocating tax increases to curb demand may be confusing food and services inflation with broader industrial inflation.
Four area accident victims will be listed today and Wednesday as the long Labor Day weekend ends. One was buried Monday and others reflected a holiday that drew last minute trips a few lingered at home.
Buddhist headquarters report Tri Quang the militant monk nears death after vowing to fast until America ends support for Premier Ky. Senate debate opens on civil rights bill amid fading hopes for October adjournment and possible post election session.
Rio Grande Valley farm hands ended a 400 mile march for a 1.25 state minimum wage with a Capitol rally. A telegram from Senator Robert F Kennedy drew loud cheers as crowds estimated from 2,000 to 25,000 gathered on the Capitol grounds. Governor Connally refused to call a special legislative session to act on the wage measure.
Mason King 76 longtime public relations and promotions manager for Globe News Publishing Co. died about 2 p.m. Monday at St. Anthony's Hospital after several heart attacks. Funeral arrangements by Blackburn-Shaw. Survived by wife Norma Wulfman King and brothers Carl and Benton King. He lived at Continental Apartments since 1965. A founder of the Will Rogers Range Riders and active in Panhandle organizations, he shaped many goodwill trips and public events in Amarillo.
Larry Temple watched from the governor's office as Governor's aide. A telegram from Kennedy voiced support for farm workers. A march led by Rev Antonio Gonzales ended with two representatives of farm workers vowing a vigil until a $1.25 minimum wage law is passed by the legislature.
The holiday period saw at least 583 traffic deaths, the fourth record toll this year, with California leading at five deaths and Illinois, Iowa, and Pennsylvania with 27, 26, and 25 respectively. The 78 hour period averaged one fatality every eight minutes.
U S Marines clashed with an entrenched Communist battalion of 250 to 400 men about 20 miles southeast of Da Nang. The encounter marked the heaviest fighting by American troops in over a week.
The Senate begins debate on the House civil rights bill amid hopes for late October adjournment. Southern senators prepare to challenge the housing provisions as other measures move toward final action. In Vietnam, four U S planes were downed with several crewmen missing or rescued as fighting continued near Da Nang and Saigon.
AP reports Operation Freloc relocates about 8 008 American airmen and their families to Britain with homes offices and even fire engines. De Gaulle orders U S bases in France closed by next April catching Americans by surprise but they join NATO. British welcome the move.
Thousands of area residents fled toward baseball games parks and recreation sites for Labor Day weekend. Buffalo Lake rangers tracked vanished traffic counter cords while Palo Duro Canyon drew 9971 attendees over the weekend and Pioneer Amphitheater hosted 1405 Sunday and 1223 Monday. Amarillo Sonics fell 10-4 to Dallas Fort Worth Spurs as rest stops run by Shamrock Jaycees and others offered maps water and souvenirs to travelers.
Sacramento meteorologist Leopold Cann and a companion survived a weekend Civil Air Patrol plane crash near Lake Tahoe. Cann calmed a mean mountain lion by singing Hebrew ballads after rock and roll agitated the animal. rescuers arrived as the lion began to tire of the serenade. Roy Hooper walked out for help.
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