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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jun 24, 1969
Page
3
Merchants in Fort Walton Beach Florida promote a barber shop contest offering prizes such as pizzas and up to 30 pounds of free laundry for boys with long hair. After three days only a tearful four year old qualified as his mother led him in, finding he was too young for the contest.
In Washington bankers face charges of conspiring to fix money prices as House Banking Committee hearings probe prime rate manipulation. Treasury and Fed officials cite anti inflation policy while Paul McCracken warns bankers they may have heard the message. Economic tension grows as lending tightens and banks struggle to lend.
The article outlines fears of enforced savings as a powerful policy tool, likened to an anti riot device, with critics arguing it could amount to directing Americans on how to spend or save. It cites William McChesney Martin, Pierre Rinfret, and Lord Keynes, noting that Congress would need to approve any U S move to compel saving or purchase of government bonds.
Senators seek to curb the number of Safeguard missiles the Pentagon may buy next year while opposing deployment at Montana and North Dakota sites until Congress approves. Aimed at halting MIRV testing, the push accompanies a $21.9 billion military authorization bill with Spartan and Sprint ABM funding. The plan awaits markup by the Armed Services Committee as it weighs policy statements versus restrictive law.
New York AP reports Americans keep moving fueling urban shift. White outmigration from core cities to suburbs accelerates. 500000 whites leave cities yearly, 1960s-68. Manufacturing jobs migrate, tax base erodes. Negro migration to suburbs rises, birth rates keep core city populations up.
Paris AP Jacques Chaban-Delmas, age 4, chosen to lead France, embodies Pompidou's blend of continuity and reform. A Gaullist outsider, he aided De Gaulle's return in 1958 while avoiding inner-circle policy, and now moves from Bordeaux mayor to premier at Matignon, likely shifting rhythms and raising questions about new government methods. He remains a former rugby and tennis enthusiast who even partnered with US ambassador Shriver in tennis.
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