Car Salesman Attacks LBJ And Federal Reserve Leader
Michigan Governor George Romney likened the economy to a souped up jalopy and Federal Reserve Chairman William McChesney Martin to a front seat passenger grabbing the hand brake. He criticized the discount rate hike as only one part of a wider set of economic issues.
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UPI
George Romney
Federal Reserve Board
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Reserve Board
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McDonald resigns from AFL CIO executive council
San Francisco AP David J. McDonald ousted United Steelworkers president resigns from the AFL CIO executive council amid a looming shakeup. Four other former union presidents skip the meeting as Meany aides say they are effectively resigning.
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David J. McDonald
Aflcio
Labor Federation
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George Meany
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Paul J. Jennings
International Union of Electrical Workers
Labor Department
C. A. Knight
Otl and Chemical Workers Union
William EL. McFetridge
Building Service
William C. Birthright
Barbers Union
Dollar drain may solve itself says Fowler
Treasury Secretary Henry H. Fowler told the U.S. Council of the International Chamber of Commerce that the long run balance of payments issue could ease as direct European profits decline and U.S. trade surplus grows. He urged U.S. businessmen to curb foreign investments while voluntary restraint remains in place.
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Corporations Buy Space In Book Praising Johnson
Washington AP reports six major firms bought ad pages up to 15000 in a 176 page volume titled Toward an Age of Greatness. Henry Zon says the publication is not partisan and covers legislation by a Congress with both parties, while noting corporate political contributions are barred.
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Johnson
Congress
Henry Zon
Zon
New York Court Upholds Spanish Literacy Voter rule
A three judge federal court in New York struck down New York State's English literacy requirement for Puerto Rican voters under the Voting Rights Act of 1965. The ruling enjoins registration for those literate in Spanish and affects about 500000 Spanish educated Puerto Ricans. The decision contrasts with a Washington court ruling and the Supreme Court has agreed to hear the law Jan 17. Judge Irving R. Kaufman authored the opinion.
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United States
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Gemini 7 Tight Ship Crew Faces Spacecraft Clutter
Gemini 7 astronauts Frank Borman and James Lovell describe daily housekeeping aboard their cramped two person craft. Every loose item floats weightlessly, and disposal is restricted, forcing careful stowage of cameras and experiments as ground controllers monitor their housekeeping progress.
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Borman
American Motors Idling 2,400 In Sales Slump
Kenosha Wisconsin. American Motors Corp the state’s largest employer says it will lay off 2400 workers on December 23 most layoffs for 28 days some for an indefinite period. The shutdown comes amid lagging sales following a reported 20 to percent drop in new car sales.
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Kenosha, Wis
Apt
American Motors Corp
Wisconsin
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Automotive
American Motors
Reduction in Air Defenses Looms in McNamara Cutbacks
Defense Secretary Robert McNamara plans scrapping two thirds of the Strategic Air Command’s 680 bombers by 1971 and hints at a new long range jet bomber while cutting air defense, closing or curtailing 126 U.S. bases in two to three years. The moves drew bipartisan criticism as 17 fighter interceptor squadrons and 18 Nike Hercules sites face elimination and a 13 percent antiaircraft reduction, amid a view of a reduced Soviet bomber threat.
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Cabin Survey Upon Flight Creates Storage Bins
Cabin space was surveyed inch by inch, converting unused areas into drawers pouches and storage bins.
Kennedy backs McNamara on closing bases in new cutbacks
Sen Edward M Kennedy supports Defense Secretary McNamara's economy cuts affecting 126 American military installations including four in Massachusetts. He told radio station WTAG he backs efforts to ensure a dollar's worth of defense for a dollar spent.
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UPI
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D-Mass
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