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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Aug 16, 1963
Page
3
An Asian trade event opens in Canton on October 15 as Red China promotes commodity fairs according to the New China News Agency.
Defense Secretary Robert McNamara and the Joint Chiefs of Staff reached a unified stance in support of the test ban treaty after divergent approaches. McNamara gave unequivocal support while the chiefs warned of military drawbacks and called for safeguards, stressing security compatibility.
The Joint Chiefs, led by Gen Maxwell Taylor, briefed the Senate on the military implications of a nuclear treaty. They warned of risks but emphasized possible political gains and underlined the need for underground testing safeguards and readiness to resume atmospheric tests if violated. They debated missile defense and noted Russia's lead in certain areas while dubbing smaller warheads as adequate. The defense secretary McNamara and others framed the treaty as delaying Soviet progress and preserving U.S. superiority. In Kansas a separate item reports Kansas Generators winning a contract from Kansas Power & Light Co to build a 200000 kilowatt gas fired steam generator for a major turbine.
Commonwealth Life Insurance Co. plans to acquire Empire Life & Accident Insurance Co. of Indianapolis by Oct. 31 in a $20,250,000 stock exchange. Directors approved. shares to be voted Sept 424. Empire will move operations to Louisville. field force of 210 to team with Commonwealth in Indiana. Empire assets last December were 29.229 million, capital 4.328 million, in force 165.938 million. Commonwealth assets at that time were 222.408 million with 29.909 million capital and surplus and 1.655 billion in insurance in force.
The Japanese government approved forming an electronics joint venture in Japan by Hewlett Packard and Yokogawa Electric Works Limited. Hewlett said the company Yokogawa Hewlett Packard Ltd. is organized and to begin operations Oct 1. A plant will be built in Hachioji, 40 miles west of Tokyo.
The death of a Buddhist nun by self immolation in Ninh Hoa intensifies civil unrest in South Viet Nam as Buddhists press for civil and religious rights, with four centers cited and Viet Cong activity reported near Saigon Hue Ninh Hoa Phanthiet. The incident follows prior similar acts by monks and comes amid government action and U S pressure.
New York firm Commo dore Business Inc says Ace J Manufacturing Co of New York won a 410000 contract to supply tools and dies for a new Shannon Ireland plant to manufacture adding machines.
Pullman-Standard will construct the new rail cars and Whitehead and Kales Inc Detroit will make the tri level rack units enabling each car to carry 12 standard or 13 compact autos.
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