The Oil Industry and Its Mandate to Grow the Nation
The article explains how oil industry revenues fund wages, materials, and production tools, while also financing a costly government through taxes and purchases. It highlights $7.8 billion in tax revenues from 33 major companies, with $2.3 billion taxes and $5.5 billion paid by the firms as excise and sales taxes. Capital expenditures reached $5.2 billion, expanding production, marketing, refining, and transport systems. Postwar, oil investment rose from $11 billion to $44 billion by 1962, underscoring oil’s vast impact on employment, industry purchases, and government finances. The piece argues frugality and tax relief could spur growth and employment while boosting government funds.
MENTIONED IN THIS ARTICLE
Orpanies
AMA President Warns Against Government Run Medicine
Dr Norman A Welch president elect of the American Medical Association told the House of Delegates in Portland that government domination of the healing arts poses the greatest danger in history yet he remained optimistic calling free medicine the dramatic story of the century He cited life expectancy extending beyond 70 and that 80 percent of drugs used today were unknown a decade ago asserting the United States has developed more new drugs than the rest of the world combined He criticized socialized medicine and noted England's National Health Service shows signs of decline despite high hopes
MENTIONED IN THIS ARTICLE
American Medical Association
Norman A. Welch
House of Delegates
AMA
Portland
Ore
Welch
England
National Health Service
American Medical Fraternity
Sukarno Visits Manila as Indonesian Philippine Ties Deepen
Indonesian President Sukarno arrives in Manila for talks with President Diosdado Macapagal amid growing economic ties and shared opposition to the Malaysian Federation. The two nations have strengthened ties while concerns rise in U.S. officials over Sukarno's confrontation policy and potential strains in U.S.-Philippine relations.
MENTIONED IN THIS ARTICLE
Indonesia
Philippines
Sukarno
Manila
Diosado Macapagal
North Borneo
Malaysia
U. S
West New Guinea
U.S
U. S. 7Th Fleet
Indian Ocean
Sanman
Peter Thorneycroft
Infoneds
Macapagal
Ation
Malai
Borneo
Sarawak
Philipines
A Matter of Duty Powerful Senate panel to weigh tax cuts against upcoming budget
Chairman Byrd of the Senate Finance Committee said after meeting with President Johnson that before votes on tax reduction the legislation will be measured against the total of immediate appropriations and commitments in the next fiscal year. The panel seeks a full spending picture before authorizing tax cuts, aiming to reveal the link between tax relief and government outlay and to spur economy.
MENTIONED IN THIS ARTICLE
Byrd
Senate Finance Committee
Johnson
Senate
Mittee
Successful Investing and the Risk of Averaging Down
A reader asks if buying more Brunswick shares at a declined level is wise. The adviser notes deteriorated earnings, past losses, and a long downturn, warning averaging down risks while awaiting clearer recovery signals and potential future profits.
MENTIONED IN THIS ARTICLE
Roger E. Spear
Parnas
Cam
MG Eve Aera
Sun-ray
Brunswick
T Te
Lower
Particul
Features Corp
Racial bias in Soviet and Communist China fuels unrest
Article notes wide spread distress among Africans in the Soviet Union and Red China. It cites Red Square demonstrations by 500 to 700 students and details grievances of humiliation and discrimination. African students in China report poor education quality and disillusion with socialism, with many leaving studies.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
Red China
Red Square
Tatargradustes
Moscow
Red
China
Emmanuel John Hein
Praeger, Inc
N.Y
Harper’s
Mr. Hein
Peking
How To Stop Smoking Psychology Lesson From Abe’s Case
A fragmented psychology piece discusses Abe Z aged 44 who suffered a mild heart attack and could not quit nicotine. It explores tobacco as a cancer risk and heart-death factor, notes medical advice to stop smoking, and cites social pressures. The text mixes dialogue on addiction, health costs, and racial stereotypes without clear journalism structure.
MENTIONED IN THIS ARTICLE
Abe Z
Folklore. By William Wade and fragments of a review
Fragmented OCR text from a William Wade folklore piece includes scattered phrases about mimes, a teacher of football, and political references to Khrushchev and Chinese chatter. The readable parts are disjoint and vague, with no clear event or cohesive narrative to summarize.
Chesterfield Kiwanis Meeting Slated For Dinner
Chesterfield Kiwanis Club will meet at the 32 Cafe this evening for the weekly dinner. Dale Kimble will show a surprise film as part of the program. The club notes ongoing community concerns and humorous nursery rhyme themes in the event.
MENTIONED IN THIS ARTICLE
Chesterfield
Kiwanis
Chesterfield Kiwanis Club
32 Cafe
Dale Kimble
Kimble
Health notes and Southeast Asia tensions mix in brief
An unsigned health column discusses nosebleeds and first aid, noting mild cases require simple measures while warnings emphasize caution and medical oversight. The second item reports Manila pressing for tri party talks amid Indonesian-Malaysian tensions over Borneo as Macapagal pursues Philippine diplomacy.
Aiming to Do His Work and Finish It
A quote discussion centers on someone who aims well yet struggles to pull the trigger and complete his missions. John talks with an old mountaineer about ambition versus execution, pondering why high aims often fail to become deeds. Julien C. Hyer is noted in the context.
MENTIONED IN THIS ARTICLE
Sean ‘Mough
John An
Jong
Personal health letters to Dr Brady invited for reply
A note states that signed letters about personal health and hygiene will be answered by Dr William Brady if two stamped self addressed envelopes are enclosed. It cautions that due to many letters only a few can be answered and letters not conforming to instructions may not be replied to. Address Dr William Brady 265 Bi Camino South Beverly Hills California.
MENTIONED IN THIS ARTICLE
Brady
William Brady
Bi Camino
Beverly Hills
Calif
Civil Rights Bill Passage Possible Under New President
New York via United Press International reports the Anti-Defamation League opts civil rights legislation may pass in the new Congressional session. Johnson’s congressional knowledge and southern background are cited as factors shaping a likely House and Senate vote, though Speaker resistance remains a potential hurdle.
MENTIONED IN THIS ARTICLE
New York
UPI
Anti-Defamation League of the
Johnson
League
Congress
al Bac Fritley
Frbley
Spea
Rotary
David Griffiths
House
Senate
Rusia
Acasoe
YMCA
State Leaders Propose Surplus Food Law Change
Indianapolis reports state leaders led by Welsh will travel to Washington to seek a temporary tweak to a federal surplus program. The goal is to help northeast Indiana jobless as lawmakers push higher liquid-asset limits for free surplus commodities. Debated figures include a single person under 375, a two-person household under 400, and a four-member family under 600.
MENTIONED IN THIS ARTICLE
Indianapolis
Washington
Indiana
Redoth
Agriculture Department
Wishaangelic Tat
St Joseph
Elkhart
Marke
Marshall
LaPorte
Studebaker Corp
Utemaking
Hamilton
Rae Pet
Real St
Frank Eh Fed
Haley
Also Mentioned on This Page
Brother Karno
THE
Anderson, Herald
Anderson Newspapers, Inc
George
Crittenberger Harrie
Toner Roben
Tackson
Ty Mall
Madison
Eowin & Saucy
Sodey
James B. Martin
Reuben ‘James
United States
Britain
Courageous
Royal Oak
Ieland
Scotland
Bay of Macau
Abe
Sword of Damocles
Ac' Rte
Solow
Mos
George Feifer
CBS
Russia
Africa
William Wade
Tery Drain
Carey
Aed
Khrushchev
Sricans
Ender
Atria
Ert Hansen
Henry Cabot Lodge
U. To
Chicago
Ind
James Barry
Crane Mellor
Tve
India
el Aes
Diosdado Macapagal
Southeast
Torres Siete
Julien C. Hyer
U.S. Weather Bureau
North Pacific Coast
Northwest
Rockies
Northern Plains
Misissippi Valley
Atlantic Seaboard
Florida
New England
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