McChesney Martin defends muted recession warning
Federal Reserve Board Chairman William McChesney Martin said his June speech at Columbia University was misread as predicting a recession. He cautioned against overly pessimistic readings and emphasized central banking as an art balancing inflation and deflation while facing congressional critics.
MENTIONED IN THIS ARTICLE
New Brunswick
Federal Reserve Board
William McChesney Martin
Columbia University
Martin
Stonier Graduate School of Banking
Rutgers University
Federal Reserve
Coolidge Home Listed as National Historic Landmark
The Interior Department designated three New England sites as national historic landmarks. Plymouth Vermont home of Calvin Coolidge, where he grew up and took the oath in 1923 and died in 1933, is named along with Brook Farm in West Roxbury and William Lloyd Garrison’s Roxbury home in Massachusetts.
MENTIONED IN THIS ARTICLE
Warren G. Harding
Coolidge
United States
Wildcat Strike at Cape Kennedy Persists
Picket lines formed at Cape Kennedy and Merritt Island moonport as 3000 construction workers stayed home for a second day. McGregor Werner Inc. workers refused to return, with 60 striking and 60 more ready for replacement. Local 740 IATSEU members at McGregor Werner are the active strikers. others at the center remained on site.
MENTIONED IN THIS ARTICLE
Cape Kennedy
Fla
UPI
Wildcat
International Alliance of Theatrical and Stage Employes Union
ATSEU
Cape
Merritt Island
Moonport
McGregor-Werner Inc
McGregor- Werner
Iatseu
McGregor - Werner
Space Center
Road Safety Pushed by House Unit
The House Public Works Committee unanimously voted to deny federal highway funds to any state that does not establish a maximum highway safety program by December 31, 1967. Rep. John Baldwin of California offered the amendment to a bill on cost estimates for future interstate highways.
MENTIONED IN THIS ARTICLE
Washington
House Public Works Committee
John 8. Baldwin
Calif
Secretary of Commerce
Swidler Seeks Exit From Federal Power Commission
White House confirms Joseph C. Swidler, chairman of the Federal Power Commission, does not want to be reappointed and indicated some time ago his desire to leave. White House press secretary George S. Reedy disclosed Swidler’s retirement wish in response to a query. Reedy said no information on Swidler’s successor.
MENTIONED IN THIS ARTICLE
Washington
White House
Joseph C. Swidler
Federal Power Commission
George S. Reedy
Swidler
FPC
Reedy
House Unit Defends Vote On GI Pay
The House Armed Services Committee said low pay forces retention of poor performers to meet manpower quotas. The report accompanies a 1 billion military pay raise approved June 15, twice the administration’s recommendation. Rep. Stratton disputed the bill as too costly, urging balance between servicemen needs and taxpayer obligations.
MENTIONED IN THIS ARTICLE
Washington
UPI
House Armed Services Committee
Samuel Stratton
D-N. Y
Johnson
Stratton
Senate
Senate Finance Committee
John Stennis
D-Miss
Stennis
U.S
Sidney Agri
Teamsters Union
Senate Labor Committee
Carl M. Halvorson
Associated General Contractors of America
Congress
Agents on Strike Must Pay Premiums
Boston AP The Massachusetts Supreme Judicial Court ruled a 1963 law suspending insurance premium payments for striking agents illegal The decision holds the law reinforces strike power and interferes with insurance company business violating the National Labor Relations Act John Hancock Mutual Life Insurance Co sued state Insurance Commissioner Farnam while the Insurance Workers International Union sought to uphold it.
MENTIONED IN THIS ARTICLE
Boston
Massachusetts
State
Supreme Judicial Court
John Hancock Mutual Life Insurance Co
C. Eugene Far
Conservation practices guard soil and prevent fires
Modern conservation practices safeguard soil against erosion and prevent woodland fires, helping to retain precious water and provide drought relief.
Compliments Quips Traded At Johnson Truman Parley
In Kansas City Johnson and Truman met for a 30 minute talk over breakfast about the presidency. They praised each other and recalled White House years. Truman signed documents including the Marshall Plan in force. They discussed the United Nations and his vision for global policy.
MENTIONED IN THIS ARTICLE
Kansas City
United States
Lyndon B. Johnson
Harry S. Truman
Muehlebach Hotel
Presidential Suite
Truman
White House
Johnson
United Nations
United
Mr. Truman
U.N
San Francisco
Raytheon to acquire Macalaster Scientific in Watertown
Raytheon Co plans to buy Macalaster Scientific Corp of Watertown, exchanging 115000 shares for the educational laboratory equipment supplier assets. The deal requires Macalaster shareholders to approve.
MENTIONED IN THIS ARTICLE
Lexington, Mass
Raytheon Co
Macalaster Scientific Corp
Watertown
Raytheon
Macalaster
Also Mentioned on This Page
Berkshire Eagle
Callega
Jocal
Shire
Pittsfield
England
Patrick Gallagher
Jame
Ann Arbor
Mich
Woite
Johnson-Truman
Independence
Presidential
Supreme Court
Arthur J. Goldberg
Great Barrington
New Zealand
Britain
Goldberg
National Conference On Law and Poverty
Houston
UPS
Deer Park
Odis Chappell
Berkshire Bank & Trust Company
Family Bank
Berkshires
Berkshire /Bank
Adams Allendale
Stockbridge North Adams
Member
Federal Deposit Insurance Corporation
Berkshire Bank & Trust
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!