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Baytown Sun in Baytown, Texas

10 Jul 1961

Page 4

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Baytown Sun July 10, 1961 Page 4 old newspaper archives

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Jul 10, 1961

Page

4

Khrushchev’s Berlin Ruse Helps Kennedy Aid Push

James Marlow reports Khrushchev’s Berlin threats have aided Kennedy’s drive for a long range foreign aid program. Fulbright notes crises in Berlin Cuba and Laos boost approval, while aid is argued as long term planning and security. The piece links aid to countering Soviet leverage and highlights the growing role of government in business.

MENTIONED IN THIS ARTICLE

James Marlow Pres Khrushchev Congress Ned Eisenhower White House Berlin Kennedy Sen. J. W. Fulbright Arkansas Homer Richimond Italias Santa Claus Tidelands Hospital Sur Igery Flack Trotters Houston Caro Trotter V. Vv J. L. Flukingers Angus Jones Lann Brady C. L. Hopsons Clarence Philpots Jack Hayes Kent C. W Wanda Slack al. Barnes Bonnie Summers James Brannen Hutto Tex Delorus Neel Charles Rodgers Jr Livingston Bryant White Billy Holmes Dan Sticbbie Lions
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Big Business Role In Politics Rising

A study of the 100 largest nonfinancial corporations shows 54 with assets of 1 billion dollars or more, up from 2 in 1950, with assets in the billion-dollar group including 28 manufacturers and 16 utilities. The top assets, sales, and earnings are led by GM, Jersey Standard, AT&T, Ford, and U S Steel, with total 1960 revenue about 135 billion and taxes paid around 64 billion, while employment reaches 5.3 million. The report notes big business funds government efforts via taxes and also aids government through vocational training and rising research and development spending, totaling about 59.3 billion in 1960.

MENTIONED IN THIS ARTICLE

First National City Bank of New York American Telephone & Telegraph Jersey Standard Oil General Motors U.S. Steel Ford Motors Jersey Standard At&t Ford A&p ATET Jersey Standaré Texaco Washington
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Oil Operators Budget 1961 Drilling Programs

Oil operators show a steady rise in drilling plans into 1956 peak and 1961 first half totals. US crude reserves rose to 31.6 billion barrels by 1950 figures but 1960 completions were low. Wildcat activity remains volatile with potential for more oil via extensions and improved recovery. experts see possible 70 more billion barrels over 20 years. Morgan Davis of Humble reports 21,714 well completions by June 24, up from 20,590 last year.

MENTIONED IN THIS ARTICLE

Houston Ishary Apes S United States Senate Morgan Davis re-Humble Oi Wildcat
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Also Mentioned on This Page

Nikita Rusk Dean Rusk Pentagon Feehaintinig United Fulbright Mili Onon Pean Toround New York P.m Hamburger Piers Pea ChanView Today Graham Billy Graham First ‘Baptist Church Channelview Pilot Club Pilot Club of Booker Lumber Co Market Street Folger’s Correc Mandalay N & Johnston Bell Peppers Hormel Cade Pepperidge Jumbo Rolls Dumplins Fedders Froehner Texas
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