Soaring Sixties prompt optimism for American economy
A 1960s economic forecast outlines higher wages and shorter workweeks amid robust growth. Prominent bankers, industrial chiefs, and researchers anticipate record GNP expansion to 1970 and beyond, with advances in automation, energy use, and technology driving strong job creation and rising living standards.
MENTIONED IN THIS ARTICLE
Harvard Economic Society
Federal Reserve System
Irving Fisher
Yale
Committee For Economic Developmen
Mills B. Lane
Citizens & Southern Natonal Bank
Atlanta
Southeast
Clark Beise
Bank of America
San Francisco
Ernest B. Marsh
Santa Fe Railroad
Eastill Heyser Jr
Texas Mid-Continent Oil and Gas Assn
Dallas
Secretary of Commerce
Frederick H. Mueller
National Planning Assn
GNP
Gerhard Cohn
National Planning Assny
Committee For Economic Development
Year Proves Black For Cotton Bosses
New Orleans AP reports 1959 marked the blackest year for cotton futures exchanges as August to October volumes were near half of normal. Lack of trading blamed on 1958 Agricultural Act and CCC monopoly. December contract traded 31.52 to 32.84 cents. Exports and cotton goods demand show morning bright spots with 1959-60 exports projected at 5.7 million bales, domestic consumption rising to about 1.9 million.
MENTIONED IN THIS ARTICLE
New Orleans
Commodity Credit Corp
United States
Department of Agriculture
Mexico Planning Improved Schools
Mexico's federal deputies vow to spur a national drive to expand primary education, press state and city officials, and solicit a day’s pay from bankers, industrialists, merchants, and workers to fund more schools. The constitution requires free primary schooling, but millions still lack access due to shortages of schools and teachers amid 900,000 annual births.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Nixon Campaign May Start Early
Washington AP reports Sen Thruston B Morton may stay as Republican national chairman to aid Nixon's presidential bid. If tradition holds, he would resign after the Chicago convention next July, but Nixon reportedly favors keeping him on to begin campaign planning early. Democrats await nominee and a new chairmanship to replace Paul Butler who will step aside in July.
MENTIONED IN THIS ARTICLE
Washington
Thruston B. Morton
R-Ky
Richard M. Nixon
Morton
Chicago
Nixon
Paul Butler
Eisenhower
Meade Alcorn
Motion
Feed Costs Drop Except For Corn
Washington report shows subsidies on American grains moving into world markets. Subsidy levels for barley oats and other feeds reduced price gaps with foreign markets, while corn subsidies remained largely unchanged at 1 to 2 cents per bushel.
MENTIONED IN THIS ARTICLE
Washington
API
Agriculture Department
Federal laws regulating payola to be reviewed
Washington AP report on Congress considering stricter payola controls. Rep Walter Rogers notes FCC and FTC powers exist but underused, urging federal penalties and potential license actions. Rep William Springer backs broader reforms including programing control. Atty Gen Rogers contends current agencies suffice.
MENTIONED IN THIS ARTICLE
Washington
Congress
FCC
Walter Rogers
D-Tex
Television and Radio Indust
FTC
William L. Springer
R-Tn
William P. Rogers
Rogers
Eisenhower
Hunt
Federal
Comtions Commission
Springer
House
John EB. Moss
Polican
FCC Fe
Soviets to Reopen Catholic Church for Italian President Visit
In Moscow the Soviet regime will reopen a deserted Roman Catholic church for a day to host Mass for Italian President Giovanni Gronchi during his Soviet visit. American Assumptionist priest Rev Louis F Dion will lead the service in Leningrad to ease a diplomatic flare surrounding the trip.
MENTIONED IN THIS ARTICLE
Moscow
Kremlin
Giovanni Gronchi
Soviet Union
Gronchi
Italy
Leningrad
St. Petersburg
Mass
Hore
Gnvermment
Louis F. Dion
Ather Dion
Islanders skate on half shells using coconut polish
In the Seychelles the paper describes workers using coconuts to polish wooden surfaces. A bare foot balances on a half shell as they glide over boards, with oil from the fruit providing a glossy finish.
MENTIONED IN THIS ARTICLE
Seychelles
Also Mentioned on This Page
New York
Tex
Ace
Port Arthur
Tey
Bell System
Robert J. Lampman
University
Wisconsin
Senate House
National Assn
Ores Ae Ay Caren
Rere
Srs. Center
Baria
Beope
Cp Yaoon
Goliath and the Barbarians
Jerry
Cha Cha
Linda Rena
Independence
New York Harbor
Leviticem
N. Y
Europe
Helmuth Mainardy
George Mainerdy
NATO
Earl Sandel
Young Mainardy
Joan
Mainardy
Minneapolia-Honeywell
Eingaedtervs
Peg
Elie Psea
U.S
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