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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Mar 01, 1966
Page
3
UPI reports food cost spikes will push the U.S. consumer price index above 1965 levels by just over 2 percent. Officials warn against scare buying and stockpiling, predicting substantial price stability in 1966 despite Viet Nam war costs and inflation concerns.
NASA administrator James E. Webb warned Senate Space Committee that the Soviet Union could widen the gap in spaceflight if the U.S. fails to decide on a strong post lunar program within a year. He cited a potential two-astronaut moon shot by 1969 but urged Congress and the President to choose Mars or long-term Earth orbit exploration after that. The panel weighs Johnson's $5 billion fiscal year space request.
Ghana's new military government said it uncovered a Chinese run saboteurs academy about 140 miles from Accra where Africans were trained to foment rebellion. Pek ing instructors reportedly graduated 200 saboteurs in 18 months and left Ghana last October. Nkrumah allegedly hid the camp in the rainforest and kept details secret from his army.
Washington reports a 39 year old Negro economist Andrew F. Brimmer is named to the Federal Reserve Board, potentially shifting policy toward Johnson's aims. Brimmer succeeds Balderston, opposing a rate hike by McChesney Martin last December. his liberal finance views align with the President, while Martin greeted the move coolly. Brimmer, a Democrat previously active in academia, joins the independent FEC, which controls money supply and interest rates.
UPI analysis notes rising American casualties in Vietnam with 2200 dead by late February, up from 1335 in November 1965. It frames President Johnson’s difficult choices amid warnings of a prolonged conflict and Laos fighting near Attopeu as regional stakes grow.
A large 10 year study of 250000 armed forces veterans shows cigarette smokers have a higher death rate than nonsmokers. Lung cancer and other lung diseases were significantly more common among smokers, with risks increasing for those who continue smoking and reduced for quitters. News from Washington and Tokyo covers related disaster and regional tensions.
Defense Secretary Robert S. McNamara says less than 1 percent of Americans wounded in Viet Nam die, vs 2.5 percent in Korea. He spoke after a Senate hearing, noting advances in mobility, firepower, and medical support reduce casualties and costs.
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