Senate Rejects LBJ Tourist Duty Limit Then Approves $100 Cap
The Senate blocked Johnson’s proposal to cap duty-free goods for returning U S tourists at 50 dollars and, by voice vote, approved a 100 dollar limit. The bill also caps liquor to one quart per traveler under 21. House already passed a 100 dollar limit. The measure moves to a conference committee.
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Washington
UPI
Senate
Johnson
U. S
House
Virgin Islands
Guam
American Samoa
Bliss, Clay Yield on GOP Fund-Raising
Republicans seek unified fund raising as Gen. Lucius D. Clay names Langorne Washburn acting director of the national finance committee in a bid to coordinate activities with the House and Senate campaigns. A dual role for Washburn tests the feasibility of joint efforts on 1966 fundraising while resistance from Bliss and key lawmakers tempers the move. Vermont lawmakers receive an angel postcard urging integrity as adjournment nears.
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Washington
National Finance
Senate
House
Republican National Committee
Lucius D. Clay
Langorne Washburn
National Finance Committee
Washburn
Clay
Ray C. Bliss
Everett M. Dirksen
Bliss
Surplus Seen In Balance Of Payments
Washington reports preliminary figures hinting at a balance of payments surplus for April to June, first since 1957, due to curbed foreign loans. The budget deficit for fiscal 1965 is seen around 3.8 billion, with the national debt near 317 billion, while revenues rise amid tax cuts. Another deficit, about 4.4 billion, is forecast for the new year.
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Washington
U.S
Cardinal Cushing jokes on retirement age at 70
Richard Cardinal Cushing told reporters in Aingham Massachusetts that bishops should retire at 70 and quipped that on August 24 he will be 70. He offered no plan to retire.
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Cardinal Cushing
Aingham
Mass
UPI
Richard Cardinal Cushing
Film on War on Poverty Draws GOP Ire
Senate Republicans led by Gordon Allott denounced a CBS telecast about the War on Poverty as shameful degrading and immoral. Dirksen said GOP would seek a special showing while Office of Economic Opportunity officials stated no government money funded the program CBS donated time and performers donated their services.
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Washington
Senate Republicans
Gordon Allott
Everett M. Dirksen
Illinois
Senate
Allott
Office of Economic Opportunity
R. Sargent Schriver
Columbia Broadcasting System
Dirksen
Holmes Brown
Associated Press
Brown
CBS
Stocks Soar After Wild Day Hits 65 High
New York AP report describes a volatile trading day with the Dow up 10.81 to 851.4 after a sharp midday dip. Volume reached 10.49 million shares. The market’s broad rally favored blue chips while many issues posted new lows and the tape lag caused timing confusion.
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New York
New York Stock Exchange
Wall
Kennedy
Dow Jones
Associated Press
Advanced
Polaroid
American Telephone
General Telephone
Connor defends strong business facts amid stock decline
In a Tuesday news conference Charles Connor asserted the market drop may not reflect weak activity. He argued the economic facts remain strong and that investor profit-taking driven by comments affected stocks. He dismissed comparisons to 1920s boom, backing a forecast of a sizable rise in U. S. output for the April to June quarter.
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Connor
Federal Reserve Board
William McChesney Martin Jr
Martin
U. S
War on poverty attacked by NAACP official Hill
Denver AP report quotes Herbert Hill, NAACP national labor secretary, branding the war on poverty as white welfare paternalism. Hill argues the economic system, not a war, sustains racial inequality and cites discrimination by corporations, banks, labor, and government as key factors. He notes 1964 unemployment among Negroes at 20.6 percent in March and criticizes Title 7’s staggered enforcement until 210 days. Boston UP I recounts Johnson aides steering dissent from yes men.
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Denver
National Association For the Advancement of Colored People
Herbert Hill
NAACP
Hill
United States
Picket Lines End in Cape Space Strike
CAPE KENNEDY UPS Picket lines that halted spaceport construction for four days were removed Tuesday night allowing work to resume. Copy machine and microfilm workers returned after unanimous vote at a two hour meeting following McGregor Werner Inc agreeing to recall all employees and join round the clock wage talks in Washington. The strike disrupted more than half of the 5,300 construction workers on Thursday Friday and Monday.
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Cape Kennedy
UPS
Spaceport
McGregor- Werner, Inc
Washington
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