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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
May 29, 1968
Page
7
The Senate passed a 35 billion housing bill with a major program to help low income families buy homes or rent apartments. It would subsidize mortgage payments above 1 percent for the poorest buyers and include rent subsidies, public housing, urban renewal, and flood insurance provisions.
President Johnson signs the Truth in Lending Act after eight years in Congress, a major consumer protection law requiring precise disclosures of interest costs on $100 billion in annual loans and purchases. It shields workers from wage attachments, targets loan sharks, and aims to save Americans money through clearer advertising and contracts. The act mandates two disclosures: the annual rate on the declining balance and the total cost over the loan life, with various exemptions and penalties. Disclosures take effect July 1, 1965, and garnishment rules begin July 1, 1970, with strong penalties for extortionate credit.
President Johnson and Lady Bird expected to make a two stop Fort Worth visit for Texas Christian University commencement. Rep. Jim Wright announced Johnson’s invitation to speak and receive an honorary degree, with security coordinated by federal agents.
Defense lawyers outline their case for Dr. Benjamin Spock and four others charged with counseling young men to avoid the draft. The government rested after 30 witnesses in a seven day trial. motions for dismissal or acquittal were denied. If convicted, defendants face up to five years and fines. A key witness identified a burned draft card from an October 16 rally at Arlington Street Church, Boston, tied to alleged conspiracies.
Pittsburgh Pa derives its name from Fort Pitt, a British outpost that stood at the site. The fort was named to honor William Pitt the British prime minister, linking the city to his legacy.
More than 150 arrested and 15 injured as a second night of racial violence flares in Louisville West End. National Guardsmen assist police. curfew efforts cited by Mayor Schmied. Sniper and brick attack incidents prompt hospitalizations and widespread business closures.
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