Commerce Aide Forecasts Year-Long Inflation 198 Percent
William L. Chariener, assistant secretary of Commerce for Economic Affairs, forecast continued inflation at the current rate through 1969 despite two reports signaling slower activity. He supported restraint but urged patience, noting productivity declines drive costs. He leaves for Goldman Sachs as economist president.
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William L. Chariener
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Judge Clears Balky LIRR Commuter
New York AP report says Manhattan resident Seymour Cummins avoided criminal charges after refusing to show a ticket on an overcrowded dirty Long Island Rail Road train. Judge William Suglia, noting railroad problems, dismissed the disorderly conduct case.
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