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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Mar 18, 1964
Page
12
Paul Sav of Memphis opened his car trunk and found a dusty brass wastebasket he had bought for his wife as a Christmas gift and forgotten. He brought it home and gave it to her, prompting tears of joy as she believed he had forgotten their wedding anniversary.
Nevada faces a shortage of silver dollars as collectors press the state treasurer for coins and Congress considers minting 150 million silver dollars. The U S Treasury reports dwindling stock as industrial demand raises silver prices, while lawmakers worry rising melt value could render the currency unmintable.
President Johnson urged Congress to raise federal employee pay to avert a two million worker shortfall in fair and reasonable adjustments. He sent identical letters to Speaker McCormack and Senator Hayden, signaling support for raises this election year while Congress debated top-salary increases.
The February 1963 industrial production index rose to 127.6, the highest since October, spurred by demand for automobiles and consumer goods. Analysts weigh whether this signals a renewed upswing or a new recessionary cycle, amid mixed views on business cycles' relevance.
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