House GOP Defeats 29 Billion Debt Increase Coalition Wins
House Republicans joined by conservative Southern Democrats and antiwar liberals defeated President Johnson’s plan to raise the debt ceiling by 29 billion dollars. The 210 to 197 vote rejects the request, forcing a new budget plan or risk a government crisis after June 30.
MENTIONED IN THIS ARTICLE
House
Washington
Johnson
Thomas B. Curtis
R-Mo
GOP
Tion
Middle East
Congress
John W. Byrnes
Wisconsin
Ways and Means Committee
Ways and Means
Wilbur D. Mills
D-Ariz
Treasury
Vietnam
Heller pushes 6 percent tax boost under review
Prescott Wisconsin AP Dr Walter W Heller a former chair of the Presidents Council of Economic Advisers backs President Johnsons proposed 6 percent temporary tax increase saying it remains under consideration in Washington He outlines three reasons including room for monetary easing funding domestic programs and war costs while noting inflationary signals from construction and spending. At St Paul a 3M VP praises Twin Cities as a leading brain industry center with high shares of engineers and scientists and more than 70 federal officials attending the research symposium.
MENTIONED IN THIS ARTICLE
Prescott
Wis
Walter W. Heller
Johnson
University of Minnesota Regents
Heller
St. Paul
3M Co
Twin Cities
Charles W. Walton
Boston Mayor John F Collins to not seek third term
Boston Mayor John F Collins announced he will not run again for a third term. He said his decision was not connected to the rioting in Roxbury.
MENTIONED IN THIS ARTICLE
Associated Press Boston
John F. Collins
Roxbury
LeVander Embarks On Three-State Report To The People
Gov Harold LeVander begins a wide tour of Minnesota labeled a Report to the People. He will speak at St Cloud State College Winona State College Hibbing High School and Duluth before meetings with leaders media and plant tours. The swing includes taconite plants in Mountain Iron Eveleth and a Duluth news conference with a Sunday stop in Redwood Falls for a barbecue and inventor display.
MENTIONED IN THIS ARTICLE
ST. Paul
Harold LeVander
Minnesota
Ely
Jackson
Duluth
LeVander
St. Cloud State College
Winona State College
Hibbing High School
Hibbing
Mountain Iron and Eveleth
Chisholm
Minnesota Employes Union
Redwood Falls
Minnesota Inventors’ Congress
Minnesota Counties Regain Full EDA Eligibility
Three Minnesota counties St. Louis Lake and Cook have been restored to full Economic Development Administration eligibility after a temporary drop due to low unemployment caused by a tac onite plant project. Congressmen McCarthy Mondale Blatnik and aides secured EDA concurrence citing a law protecting temporary employment spikes from ending eligibility.
MENTIONED IN THIS ARTICLE
Washington
Minnesota
St. Louis
Lake
Cook
Economic Development Administration
Eugene J. McCarthy
Walter Mondale
John A. Blatnik
EDA
Photographer Brenton undertakes 15000 mile lake to Atlantic voyage
Francis Brenton, 40, a Chicago photographer, sailed from Lake Michigan toward West Africa in a 26 foot catamaran. He expects about five months to complete the voyage, a bold 15000 mile journey.
MENTIONED IN THIS ARTICLE
Chicago
Francis Brenton
Lake Michigan
West Africa
Brenton
Bargain Time as Stocks Rebound After Sharp Downturn
After a week of volatile trading the market fell on renewed Middle East fears then recovered as institutions bought while small investors sold. The Dow dropped 12.42 points, then rose the next day by the same amount before another 15.54 point drop.
MENTIONED IN THIS ARTICLE
New York
Rank and File
Mideast
Bell
Dow Jones
Market swings and investor roles in the 1767 Austin Herald
The text discusses market gains and declines with large blocks by institutions and the small investor. It questions whether investors are consistently right or wrong and notes that institutions bargain hunt while small investors err in predicting major market turns. The piece ends with a remark on airplane maintenance hours.
Also Mentioned on This Page
By Edmond Lebreton
Gerald i. Ford
Robert W. Kastenmeier
Mills
Boston
Collins
IFT
Mondero
Special Decor Group
Marauder
Amoto Pamer Gott Bais
Jim Lebens
Maple Island Gardens
Maple Island
Hollandale
Goodyear
Copavol
Ith
Wee Crew
Duramold
Greas Tires
Goodzyear Service Store
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