Senate Defeats Capehart Housing Amendment
The Senate rejected a Capehart amendment to the housing bill by 56 to 53, limiting home improvement loans to 3 500 dollars for 25 years under a below market rate plan. Administrations supporters backed a broader program, while other amendments were adopted to adjust loan terms and eligibility. President Kennedy faces a setback as party leaders pivot to pursue alternative housing measures.
MENTIONED IN THIS ARTICLE
Kennedy
J. Ervin, Jr
Dn.c
Senate
Homer E
Capehart
R-Ind
A. Willis Robertson
West Point
N. Y
UPI
Cnt
Aed
Federal
United
Century Leadership
Cooperatives
Seo. John
Provident
Sparks
J. Wil
Furdlelliam Fulbright
D-Ark
Sam
Governor Welsh urges private sector role in Indiana industry drive
Gov. Matthew Welsh told Indiana bankers that new industry must come from business and industrial groups rather than state government. He rejected bribes or gifts to attract others, saying the private sector should lead expansion with state support via fair taxes and redevelopment programs. Lt. Gov. Ristine advocates a commerce led approach and a proposed state industries development corporation to loan funds. Welsh to stay in French Lick overnight and hold a Friday news conference.
MENTIONED IN THIS ARTICLE
French Lick
Ind
Matthew
Welsh
Indiana
Indiana Bankers Association
Richard C. Ristine
State Department of Commerce, Industry and Public Relations
Ristine
State Industries Development Corporation
Bankers
Indianapolis
Crippled Candidate Resumes Schedule After Fall
Republican governor hopeful James P. Mitchell plans organizational conferences Friday, 81 hours after breaking his left leg in a fall. The 60 year old, moved from Cooper Hospital Camden to Fitika Memorial near Asbury Park, with messages from Eisenhower and Nixon arriving. Friday’s meeting will be with Bergen County leaders.
MENTIONED IN THIS ARTICLE
Neptune, NJ
UPI
James P. Mitchell
Iwell
Dweight D. Eisenhower
Richard M. Nixon
Mitchell
Cooper Hospital
Camden
N.J
Fitika Memorial Hospital
Embezzler Headed to Iowa Prison for 11 Years
Mrs Burnice I Geiger, a Sheldon banker, begins an 11 year sentence for embezzling over 2 million dollars. She left Woodbury County jail by car with US Marshal staff bound for Alderson Federal Prison in West Virginia.
MENTIONED IN THIS ARTICLE
Sioux City
Iowa
UPI
Burnice I. Geiger
Sheldon
Town
Woodbury
Alderson
W. Va
Geiger
Sheldon National’ Bank
Robert Daley
Daley
Dor
Othy O'Neal
Also Mentioned on This Page
Washington
Bell-Ans
Bell- Ans
Orangeburg
R. Y
Jobson
George A. Smathers
D-Fla
U.S
Smathers
Stary Academy
Johnson
Academy
Stewart
Force Base
Neburgh
W. E Westmoreland
West
DIAL
Kelby
Hollywood
Anderson
Statler
Tagg
Biltmore
Kola
Meridian ST
iEmbezzler
Hawaii
Mandy Pofek Pockstl
Soran
Hudnut
Toni
Syap
Tam’s
Valuce AO
Panorama Center
Kodak Film
Nichol
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