Debate on Tax Policy Highlights From Former Economic Advisers
Former chairmen Arthur Burns and Walter Heller testified to the Joint Economic Committee, outlining arguments for and against a tax increase this year. Burns urged curbing federal spending to avoid tax hikes while stressing full employment as the path to poverty reduction, and questioned much aid to the poor. Heller favored targeted spending cuts but noted political limits, framing the choice as restraint in private spending versus public programs for the poor, with a possible tax increase if growth resumes.
MENTIONED IN THIS ARTICLE
Burns
Vietnam
Congress
Heller
Habors
Fourth Arm of Defense Push to Rebuild Merchant Marine
Sen. Warren G. Magnuson warned the United States must rebuild its merchant marine to serve as a fourth arm of defense. He cited low American ship ownership, aging fleets, and only 871 merchant ships with 100 modern vessels, urging funding to expand construction from 13 ships to four times that number.
MENTIONED IN THIS ARTICLE
United States
Vietnam
Warren G. Magnuson
Senate Commerce Committee
Senate
Congress
Magnuson
National Defense Reserve
Diverging Views on Dollar, Dillon Committee Split Deepens
Joseph Alsop notes a widening gap between Treasury leaders and the Dillon Committee on balance of payments. Roosa, Meyer, and Dillon allies warn of a potential dollar crisis if high rates fade and gold reserves remain locked. Proposals include keeping short term rates high, removing gold reserve sterilization, cutting overseas capital exports, and reshaping agricultural policy to boost the trade balance.
MENTIONED IN THIS ARTICLE
Treasury Chiefs
Dillon Committee
Robert Roosa
The
Treasury
the Treasury
Douglas Dillon
Andre
Johnson
Federal Reserve
Andrew Meyer
U.S
Roosa
Vietnam
India
Washington
Walter Heller
Official Washington
Charles de Gaulle
Asia
Electric car aims to beat pollution with Senate hearings
Senators Muskie of Maine and Magnuson of Oregon launch joint hearings on S 451 and S 453 to back a $5 million pollution study and a $10.5 million prototype program to develop electric cars. They push a vision to reduce urban smog and shift transportation priorities despite costs and tech hurdles.
MENTIONED IN THIS ARTICLE
Muskie
Maine
Magnuson
Oregon
Senate Commerce Committee
Senate Public Works
Public Health Service
Department of Transportation
England
Germany
Japan
U.S
Muskie and
The
Electric
No Freedom Like Middle-Aged Freedom, Hal Boyle
Hal Boyle argues that middle age brings true liberty not loss. It grants practical freedoms from youth, including patience for taxes and menus, wiser views on politics, and a dignified presence, while aging changes social dynamics with women and coworkers.
The Messenger's Victory Issue predicts wartime chaos
A 25 year old Messenger piece cites Japanese radio claims of West Coast devastation and a wiped out Pacific fleet. It notes Chauncey water system 80 percent complete and due by April 15. A Kansas farmer sells his farm for half, hopeful believers need not wortly goods after March 1, and he promises a lecture. Athens High Minstrel Show lists 20 future song hits including Down Honolulu Way and When Its Rosetime In Virginia.
MENTIONED IN THIS ARTICLE
U.S
Chauncey
Kansas
Athens High Minstrel
Honolulu
Virginia
Ali Seeks $100,000 Home in Houston Base
Muhammad Ali, formerly Cassius Clay and world heavyweight champion, has made Houston his home base and ordered a search for a $100,000 house. He wants a plush, fabulous residence in a nice neighborhood free of racial trouble.
MENTIONED IN THIS ARTICLE
Muhammad Ali
Cassius Clay
Houston
Billiards’ Girl Wonder Jean Balukas Captivates Crowd
Seven year old Jean Balukas of Brooklyn dominates billiards, beating seasoned players and performing astonishing trick shots. She began at age four, when she could barely see over the table, and remains diminutive in height today while eclipsing her elders with skill.
MENTIONED IN THIS ARTICLE
Jean Balukas
Brooklyn
The Athens Messenger Publication Details
The Athens Messenger is a daily paper except Saturdays and is a member of the Associated Press. Rates are listed: daily and Sunday by mail or carrier, with regional pricing for Ohio, US possessions, and elsewhere. Contact address: 43 W Union St, Athens, Ohio 45701.
MENTIONED IN THIS ARTICLE
The
Associated Press
Ohio
Mali
US & Possessions
Arhens Post Office
the Messenger Publishing Co
Union St
Athens
Also Mentioned on This Page
Joseph Alsop
James Kilpatrick
Congress and Electric Car
House of Johnson
Boston
New York - New Jersey
PHS
California
Division of Environmental Sanitation
White House
Jacqueline Kennedy
New York
Hassan II
Morocco
Haile Selassi
Ethiopia
Kennedy
Mohammed Ayub Khan
Pakistan
Mount Vernon
George Washington
Hyde Park
Franklin Delano Roosevelt
John F. Kennedy
Arlington National Cemetery
Small Society
Brickman
Hal Boyle
Henry
the Athens Messenger
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