U S Caught Flatfooted By Invasion Of Czechoslovakia
Washington reports say the United States was surprised by the Soviet invasion of Czechoslovakia despite signs of a major move. Intelligence failed to read the threat as invasion, with Moscow moving Warsaw Pact forces near the Czech border and propaganda attacks rising. President Johnson learned of the action from the Soviet ambassador about three hours after it began, with Secretary of State Rusk informed by a news bulletin during a hearing.
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White's Profit Sharing Plan At White's Baytown
White Stores Inc offers a unique profit sharing plan started in 1942. The trust, funded entirely by the company, provides retirement and disability income for employees after three years of service and age twenty three. Members accrue interests from net profits and may take benefits at age sixty as cash, installments, or a lump sum. The fund exceeds 6.5 million dollars and earns interest for employee benefit, with an additional company funded retirement pension plan.
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