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Newspaper
Berkshire Eagle
Location
Pittsfield, Massachusetts, United States of America
Date
Dec 17, 1965
Page
10
U S Education Commissioner Francis Keppel announced in a speech to officials that more than 500,000 college students are expected to apply for government financial aid totaling 440 million dollars in the next academic year starting September. The aid is a program of low cost loans under the Higher Education Act of 1965.
Washington AP reports a telegraphic poll of about 1,000 large manufacturers by the National Industrial Conference Board found that a Federal Reserve rate hike will not greatly reduce plant spending. Senate testimony included caution from Seymour J. Harris who called the move a foolhardy policy and warned of doubts during an economic advance. Republicans faulted the administration for avoiding full discussion of the rate increases while blaming the Fed.
Washington UPI reports Postmaster General Lawrence F. O'Brien warned of a looming Christmas mail jam as fewer cards and packages have been mailed so far. He cautioned that if the remaining mail is not posted early some items may not be delivered before the holiday.
The ashes of W. Somerset Maugham will be buried in Canterbury Cathedral grounds at a private ceremony Wednesday, per his wish. The British author died in Nice at age 91 following a stroke, after expressing a preference for no religious ceremony.
Beverly Hills California AP says the city rich with movie stars declined an $82 875 poverty funds allocation. School Superintendent Kenneth L Peters said only eight of 5000 pupils could be classed as needy and the funds were not justified. He noted the 1964 census showed 460 families with income under $2 000 among 30 817 residents. He added it would not be in the spirit of the program to accept the money.
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