National Window Political Bolters Dilemma
A UPI essay notes left wing figures like John Kenneth Galbraith and Martin Luther King face no clear retreat from the Democratic fold as Vietnam and party dynamics strain loyalties. It questions potential bolts by King, Galbraith, and others, and considers Corbett’s stance on labor and future party support.
MENTIONED IN THIS ARTICLE
John Kenneth Galbraith
Americans For Democratic Action
ADA
Robert F. Kennedy
Galbraith
Washington, D.C
Johnson
Vietnam
Democratic Party
Galbraith and Co
LBJ
Martin Luther King
King
Southeast Asia
George Wallace
Rev
Adam Clayton Powell
Gregory
Chicago
Hubert H. Humphrey
Raymond R. Corbett
New York State Labor Organization
New York
Assembly
Senate
Corbett
Bob Kennedy
Kidnappers Free Kenneth Young After Ransom Payment
Hundreds of police and FBI agents hunted the Los Angeles area for Kenneth Young’s captors after his $250000 ransom payment. The 11 year old financier’s son was released unharmed eight hours after his father Herbert Young handed the money to one kidnapper in a car. The affair involved two men, with the boy held in a Santa Monica apartment garage and warned not to alert authorities. Authorities noted the ransom was paid in $100 bills with serial numbers tracked nationwide. Kenneth’s release followed a threatening quiet period as police staged a nationwide investigation.
MENTIONED IN THIS ARTICLE
California
FBI
Los Angeles
Kenneth Young
Beverly Hills
Calif
UPI
United States
Herbert
Gibraltar Savings and Loan Association
Gibraltar Financial Corp
Clinton Anderson
Anderson
Young
Federal Bureau of Investigation
Wesley N. Grapp
Kenneth
Federal Reserve
Sunset Boulevard
Santa Monica
Identifies Speck as Killer in Nursing Slayings Trial
In Peoria the Speck case unfolds with testimonies from survivor Cora Amurao and police detailing the eight nurse killings on Chicago's south side last July 14. Prosecution plans more expert testimony while defense challenges Amurao's description of the intruder as tall with long blond hair.
MENTIONED IN THIS ARTICLE
Peoria, Ill
UPI
Richard Speck
Corazon Amarao
Speck
William Martin
Chicago
Miss Amurao
Gerald W. Getty
Getty
Federal Reserve Cuts Discount Rate to Four Percent
The Federal Reserve Board lowered its discount rate from 4.5 percent to 4 percent, a move aimed at easing money to spur growth. Analysts note consumer loan rates may not drop immediately, as banks still set rates for home, auto, and personal loans. Officials say the cut aligns with market declines and maintains credit availability for orderly growth. The move fuels the debate over President Johnson’s proposed 6 percent income tax surcharge, with critics arguing it could slow the economy further.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Johnson
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Greenberg
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Aude Ders
Seoren Ac
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Gooderham & Worts Ltd
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Herb Alpert
The
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Ed Ames
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Sprague & Carleton
New England
Molly Stark
Vermont
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