Italy’s Economy Sets European Pace and Inflation
Italy’s first 100 days under Premier Aldo Moro show a strong economy outpacing France and West Germany while inflation rises and capital flees. U.S. and European banks extend a $1 billion credit to ease the lira crisis as Moro seeks inflation curbs. A major Socialist Party split forms the Italian Socialist Party of Proletarian Unity, amid Communist party tensions and leadership questions at Naples conference.
MENTIONED IN THIS ARTICLE
Aldo Moro
Italy
France
West Germany
United States
Petro Nenni
Nenni
Italian Socialist Party of Proletarian Unity
Democratic Socialists
Giuseppe Sara
GM Plans 2 Billion Plant Expansion in 1964 65
General Motors announced a two year 1964 1965 expansion totaling about 2 billion dollars to add facilities and create up to 50 000 new jobs to lift car output by as much as 20 percent Donner GM board chairman said the plan includes new plants additions and improvements in nearly 30 American cities with 1.5 billion in the United States about half in Michigan and nearly 400 million overseas and 120 million in Canada Lordstown Ohio Kalamazoo and Tecumseh Michigan sites plus substantial work at multiple US plants and Ontario Kentucky and other states to meet a growing auto market.
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Detroit
General Motors Corp
General Motors
Frederic G. Donner
Bonner
United States
Donner
Michigan
Canada
Lordstown
Ohio
Kalamazoo
Mich
Tecumseh
Rockefeller Housing Bill Falls in GOP Albany Assembly
ALBANY Republicans defeat Governor Rockefeller housing program in the Assembly with a 665 to 73 vote. The plan urged a state subsidy for low income families in middle income housing and a statewide referendum on borrowing 165 million dollars for construction. Only 16 of 81 Republican voters supported the governor. all NYC Democrats backed the measure. Upstate Democrats joined Republicans in opposition. The defeat leaves a chance for another attempt.
MENTIONED IN THIS ARTICLE
Albany
Rockefeller
Assembly
New York City
Upstate
Dutch Hospitality Answers Winter Vacation Inquiry
Dutch resident Jan Van Der Laag of Eustis answered a Dutch inquiry about a winter vacation. He identified himself to the Chamber of Commerce secretary and offered to show Curacao resident P.C. Poot around Eustis when he arrives.
MENTIONED IN THIS ARTICLE
Eustis
Fla
Jan van der Laag
Holland
Chamber of Commerce
P.C. Poot
Curacao
van der Laag
Poot
Rev Austin Davis Files for Welfare Payments
In South Bend Indiana UPI reports Reverend Austin Davis a former superintendent of poor relief recipients filed for welfare payments himself on Tuesday He is noted as the father of nine children.
MENTIONED IN THIS ARTICLE
South Bend, Ind
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