Bidwell Resigns NY Stock Exchange Chair Amid Tax Indictment
J Truman Bidwell resigns as chairman of the Board of Governors of the New York Stock Exchange after a federal grand jury indictment charging him with evading 559,408 in income taxes. He says he faced persecution while the government stresses the charges concern his personal taxes not his exchange duties. The case adds fuel to the wider securities tax probe as Bidwell plans to plead on Monday and notes he has long paid his taxes.
MENTIONED IN THIS ARTICLE
NEW York (Ap
J. Truman Bidwell
New York Stock Exchange
Washington
Stock Exchange
Bidwell
Exchange
Internal Revenue Service
Securities and Exchange Commission
Wall Street
American Stock Exchange
SEC
American Exchange
Edward T. McCormick
Joseph Reilly
John M. Cashin
PSC Chief Probes Vt Power Cutbacks
Vermont Public Service Commissioner John D. Paterson intends to discuss St. Lawrence power cutbacks with New York Power Authority officials next month. He met Vermont utility representatives after the reductions entered their fourth month. Vermont has 100000 kilowatts allocated but has not received the full allotment since November.
MENTIONED IN THIS ARTICLE
Montpelier
Public Service
John D. Paterson
Vermont
St. Lawrence
Chick Johnson Dies at 65 in Las Vegas
Chick Johnson, 65, part of Olsen and Johnson, died in a Las Vegas hospital from kidney disease. He and his wife Catherine had moved from Carmel New York to a trailer camp near the strip. Johnson had not worked with Ole Olsen for about a year while Olsen recuperated in Switzerland after a car accident.
MENTIONED IN THIS ARTICLE
Chick Johnson
Las Vegas
Nev
Harold
Chick) Johnson
Olsen and Johnson
New York
Johnson
Catherine
Carmel
N.Y
Las Vegas Strip
John S
Ole) Olsen
Olsen
Switzerland
Chicago
Northwestern University
Keith
N H to Put More Troopers On Highways
Keene New Hampshire police head Col Joseph L Regan says a new bureau of criminal investigation is created and troopers will focus on highway patrol. He notes reform after reorganization into the Safety Department and cites training gaps and improper firearm use.
MENTIONED IN THIS ARTICLE
N.H
Col
Joseph L. Regan
New Hampshire
State Police
Regan
Bureau of Criminal Investigation
Safety Department
Dillon Forecasts $10.9 Billion Tax Increase for Next Year
Secretary Dillon testified before a House subcommittee that government tax collections will rise by $10.9 billion next year. He cited predicted gains in corporate taxes by $5.3 billion personal income taxes by $3.7 billion excise taxes by $500 million and estate and gift taxes by $200 million.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Douglas Dillon
House
Appropriations
Dillon
Glenn Says Not Every Flight Can Succeed Before Congress
Lt Col John H Glenn Jr told the House Space Committee that not every spaceflight can be as successful as the three he has completed. He argued that for immediate future pilots are better suited than scientists, given possible emergencies and the need for reliability.
MENTIONED IN THIS ARTICLE
Glenn
Washington
John H. Glenn Jr
America
Congress
House Space Committee
James E. Webb
National Aeronautics and Space Administration
Space Flight
Robert Gilruth
Cmdr
Alan B. Shepard Jr
Virgil I. Grissom
Shepard
Grissom
Also Mentioned on This Page
PSC
Simon
Drysdale’s
Keene
Webb
U.S
Moon
Earth
Lincoln Electric Company
Paul McGonigle
Waltham, Mass
Twinbrook
Wlarch
Sun Mon Tue
Thu
Presis
Ermont National and Savings Bank
Brattleboro
Bellows Falls
Springfield
Chester
Windsor
Woodstock
Newfane
Fthe
Grand Union-Empire
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