Inflation Jobs Dilemma In Modern Economy
AP analysis examines the paradox of near full employment amid rising inflation. The piece cites unemployment around 3.5 percent with about 4 percent inflation, explores wage-price dynamics, potential policy brakes, productivity gaps, and forecasts from Wharton and Ortoue Magazine. It notes possible outcomes where inflation or jobs slump, and discusses deflationary risks and summer teen labor boosts.
MENTIONED IN THIS ARTICLE
Wharton School of Finance & Commerce
University of Pennsylvania
Ortue Magazine
Labor Department
Demonetization Defined as Removing Coin Value
Demonetization refers to the removal of standard monetary value from a metal or to a coin issue withdrawn from circulation.
Bob Hope Confined at Home for Eye Flareup
Hollywood AP reports comedian Bob Hope is confined to his home after doctors diagnosed a mild flareup of a recurring eye ailment. Hope previously suffered a blood clot in the eye during a 1958 Germany trip and spent several days hospitalized in 1963 in San Francisco for the same condition.
MENTIONED IN THIS ARTICLE
Associated Press Hollywood
Bob Hope
Hope
Germany
San Francisco
Foster parent adds room to house for growing family
Compton California Leo Gerard a foster parent who adopted four children is adding an extension to his three bedroom home as his family expects to grow to eight with the planned adoption of 6 month old Lawrence and 4 year old Beverly.
MENTIONED IN THIS ARTICLE
Compton
Calif
Leo Gerard
Lawrence
Beverly
Cambodian leader rebukes American soldier’s brother letter
Prince Norodom Sihanouk of Cambodia responded to Martin Halloran of Worcester, 34, stating that Asians view U S troops in Vietnam as invaders. He criticized Halloran’s concern as insensitive to the war and to the suffering of others, saying his view ignores the region’s realities and conflicts.
MENTIONED IN THIS ARTICLE
Worcester
Mass
Norodom Sihanouk
Cambodia
Vietnam
L.o
Sihanouk
Martin Halloran
Halloran
Labour Loses Two More Commons Seats in UK by Elections
London AP reports Prime Minister Harold Wilson's Labour government suffered another setback in two House of Commons special elections. Conservatives won Oldham, a textile town and union hub, while Labour held Brightside in Sheffield but trailed by 12,474 votes from 1966. The losses follow a March 28 shift after the national budget and wage freeze.
MENTIONED IN THIS ARTICLE
Associated Press ‘London
Harold Wilson
House of Commons
Oldham
Brightside
Sheffield
Wilson
Auschwitz ex-inmates sentenced for murders at camp
In Frankfurt two former Auschwitz inmates Bernhard Bonitz aged 61 and Josef Windeck aged 64 were sentenced to life imprisonment for murdering fellow prisoners at the Nazi extermination camp. The trial marked the third murder case at Auschwitz and the first involving former inmates. Both men had been among the camp’s earliest arrivals and were described as career criminals.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Auschwitz Concentration Camp
Bernhard Bonitz
Josef Windeck
Nazi Germany
Argent
Poland
Bonitz
Windeck
Auschwitz
Win
Landslide death toll rises in Hong Kong to fourteen
AP reports that in Hong Kong the confirmed death toll from Thursday's landslides reached fourteen as rescuers recovered two more bodies. Nine people are believed buried beneath the mud in hillside shacks.
MENTIONED IN THIS ARTICLE
Hong Kong
Italys unions strike halts newspapers nationwide
In Rome, unions shut down all newspapers for 48 hours after a breakdown in contract talks. The walkout aims to protect job security as automation looms, with radio and television staying on to report the crisis.
MENTIONED IN THIS ARTICLE
Rome
Ding Dong Texas Named by Whimsical Sign Painter
In Bell County Texas the town of Ding Dong earned its name from an impish sign painter who placed a sign showing two bells. The painter labeled them ding and dong. The two Bell brothers once operated the town's only store which is now closed.
MENTIONED IN THIS ARTICLE
Ding Dong , Tex
Ding Dong
Bell County
Texas
Bust
Zoales Bell
Ding
Dong
Alfred hosts reception for Mrs Julia Anna Cook
A reception in Alfred honors Mrs Julia Anna Cook. Community members gathered to celebrate her, with local organizers noting her service and ties to the Alfred area.
MENTIONED IN THIS ARTICLE
Alfred
Julia Anna Cook
Government to pay Kenndy funeral costs in office death
Washington AP reports the government may cover the casket and undertaker expenses for Senator Robert F Kennedy. A Senate aide notes it is customary for the state to pay basic funeral costs for senators who die in office. Bills would go to the Rules and Administration Committee for approval under a June 6 resolution.
MENTIONED IN THIS ARTICLE
Washington
Robert F. Kennedy
Senate
Senate Rules and Administration Committee
New York
Los Angeles
Flag Desecration Penalty Bill Dies in Senate Drift
A House approved bill imposing up to a $1000 fine or a year in prison for public desecration of the flag stalled in the Senate. It reached the Judiciary Committee, was favorably reported, but never calendared or acted on. Senate Leader Everett Dirksen said he would launch a search.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Senate Judiciary Committee
Everett M. Dirksen
Promotions for general officers approved by Senate panel
The Senate Armed Services Committee approved promotions to two to four star ranks including Lt Gen Bruce Palmer Jr as Army vice chief of staff and Lt Gen Berton Spivy Jr as the U.S. member of NATO's military committee. The April median price for new one family homes sold was $24,100 per the Commerce and HUD reports.
MENTIONED IN THIS ARTICLE
Senate Armed Services
Bruce Palmer Jr
Army
Berton E. Spivy Jr
U.S
North Atlantic Treaty Organization
Military Committee
Commerce Department
Casey rebukes TV call for gun bill in Congress debate
Rep. Bob Casey of Texas says a television editorial urging passage of a gun control bill shows warped, immature influence and warns it should fix its own house before attacking Congress. The remark comes as the House weighs gun control legislation amid ongoing editorial reactions.
MENTIONED IN THIS ARTICLE
Congress
Bob Casey
D-Tex
House
Autograph Reception at Clover Hill Farm
Mrs Andrew Garland hosts a reception at Clover Hill Farm tomorrow from 2 to 4 p.m. Gore will be given and Mrs Cook, author of York County Ballads and Verses, will autograph copies of the book.
MENTIONED IN THIS ARTICLE
Gore
Andrew Garland
Clover Hill Farm
Cook
York County
Rainy Day Dreams List of Untried Things by Boyle
A playful column imagines a rainy day exercise listing desires never fulfilled. HAL BOYLE suggests writing a list of things you might have done, from grand adventures to humorous dreams, to reveal ambitions and add whimsy before sunshine returns.
MENTIONED IN THIS ARTICLE
Hal Boyle
New York
America
Allen Ginsberg
Metropolitan Life veteran John G Neault marks 20 years
John G Neault of 37 Locke Street Saco celebrates his 20th anniversary as an active Metropolitan Life Insurance field force member. He is a district office account agent in Biddeford at 250 Elm Street, joined Metropolitan in May 1948, and serves in the Veterans Association. He is married to Dorothy Carter and they have four children, plus he chairs the Biddeford Saco Community Chest division.
MENTIONED IN THIS ARTICLE
John G. Neault
Locke St
Saco
Metropolitan Life Insurance Co
Neault
Biddeford
Elm St
Metropolitan
Veterans Association
Field Group
Dorothy Cartier
Corriveau
Lou's Shell
North St
Parkerburg lawyer files for wrong office wins bid and seeks refund
James M. Brown of Parkersburg inadvertently filed for the wrong office in a recent primary yet won and then sought a $9 refund. He claimed he paid a $10 filing fee for the Republican Executive Committee in his senatorial district, but records showed he registered for the state Republican Executive Committee, and the filing fee remained valid.
MENTIONED IN THIS ARTICLE
Charleston
W.va
James M. Brown
Parkersburg
Brown
Secretary of State
Republican Executive Committee
Elec
Also Mentioned on This Page
Loranger
Old Orchard Beach
Donald Hamalainen
Samuel L. Browne
Lyman Abbott Jr
Framingham, Mass
John Cunniff
AP Business Analyst
Volkswagen
King’s Motors
Arundel
E. Terry Courtney
Maine
Kennebunk
Maine Employment Security Comm
Main Street
Peter J. Farley
Ireland
Great Britain
London
Towle’s Travel Agency
Main St
ROY & Perreault Inc
City OF
Ferry Road
Bay View
Ellis Beach
Ferry Beach
Kinney Shores
Ocean Park Road
Portland Road
North Saco
Camp Ellis Beach
Timothy Crowley
Biddeford Junior High School
Debra Petit
Jeanne Cantara
Susan Delage
Linda Belanger
Jane Marin
Linda Lachance
Yvonne McKeown
Sharon Sevigny
Rae Mathieu
Cecile Caouette
Jocelyn Perreault
Theresa Marquis
Susan Neault
Linda LaBrecque
Debbie Hill
Kim Wentworth
Denise Cloutier
Deborah Plamondon
Marie Petit
Harding St
Bideford
THE
Associated Press
Boyle
Venice
Charles de Gaulle
Lyndon Johnson
Taj Mahal
Spain
Buckingham Palace
Julie Andrews
Julie Christie
Janice Kozloff
Richard Grace
Rose Grace
Buxton Road
Herbert Grace
Grace Kozloff
Heath Road
Walter Kozloff
Kozloff
Thornton Academy
Giant Store
Elm Street
U. S. Navy
Inietnam
Rainbow Girls
Assembly
Roland's
Saco Ave
Bedell
Gulf Station
Art
Atlantic Station
Scarboro
Pine Point Seafood Market
Pine Point
Congress St
Portsmouth
N. H
Daly Bros
Alfred Street
Armand
Democrat
Armand Fecteau
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