Johnson urged to heed expert warning on looming boom
The piece critiques President Johnson and his advisers for not accepting Federal Reserve Chairman William McChesney Martin's caution about a volatile credit boom. It details ballooning bank lending, shifting deposits, and the risk of a bust if policy keeps rates low and cheap money. The analysis links private sector funds, time certificates, and international balance of payments to the boom risks.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
William McChesney Martin
Johnson
White House
Martin
Federal Reserve
New York
Richard Wesley Editorial Page Editor Named
Richard Wesley has been appointed Editorial Page Editor, succeeding previous staffer with duties to oversee opinion content and page layout. The move strengthens the paper’s opinion desk and guidance for columnists and editorials.
MENTIONED IN THIS ARTICLE
Richard Wesley
Quotes on patience and worry from Job and Lyon
The excerpt ponders strength and end for patience citing Job 6 11 and a proverb about worry stating worry accrues interest on trouble. It juxtaposes scriptural patience with practical wisdom attributed to George W Lyon.
MENTIONED IN THIS ARTICLE
Job
George W. Lyon
Mercer County Press Urges Vocational School Despite Bond Rejection
The Mercer County Board of Education should be praised for pursuing a modern vocational school to serve 216 current students and hundreds more turned away. It argues that many county youths need practical training not a college-focused path, to secure meaningful employment and reduce unemployment.
MENTIONED IN THIS ARTICLE
Mercer County Board of Education
Glenwood Park
Mercer County
All-America City Editor Defends Coverage
In a heated reply the newspaper rejects accusations of sabotaging the All-America City celebration. The piece argues that two instances of constructive criticism do not amount to continual sniping and calls for focusing on praise rather than editorials.
Ethiopian Ambassador quits over Haile Selassie rule
Berhanou Dinke, Ethiopia’s long serving ambassador to Washington, resigns amid criticism of the emperor’s autocratic rule and plans to seek asylum in the United States. He publishes a book urging democratic reforms and cites fear for his people as the motive for stepping down.
MENTIONED IN THIS ARTICLE
Washington
Haile Selassie
Lion
Ethiopia
Berhanou Dinke
Addis Ababa
State Department
Dinke
Drake
Somalia
Paris
London
New York
Brazil
Twenty history notes from the Daily Telegraph era
Fifty years ago J E Hatcher visited relatives in Virginia. Forty years ago W H Straley II authored Memoirs of Old Princeton. Thirty years ago a Clipper ship bound for Honolulu stopped at Midway Island.
MENTIONED IN THIS ARTICLE
W. H. Straley II
Princeton
Honolulu
Midway Island
Australian Troops Seize Key Japanese Outpost on Borneo
Twenty years ago Australian forces captured a prominent Japanese stronghold on Borneo in a rapid operation. The action disrupted enemy positions and boosted allied control of the island during the campaign.
MENTIONED IN THIS ARTICLE
Borneo
GM adopts guaranteed wage plan in landmark deal
Ten years after signing a guaranteed wage plan with labor, General Motors advances a major labor agreement. The accord shapes payrolls and worker protections across several plants, reflecting a changing manufacturing landscape and union strategy.
MENTIONED IN THIS ARTICLE
General Motors
Allen-Scott Report Details Viet Nam War Policy Debate
The special House Armed Services subcommittee travels to South Viet Nam to inspect potential for a military victory under Johnson policies. Leaders fear a Korean style drift and plan two weeks of field briefings with General Westmoreland to gauge requirements for victory and broader raids.
MENTIONED IN THIS ARTICLE
Robert S. Allen
Paul Scott Washington
Special House Armed Services
South Viet Nam
Otis Pike
D-N. Y
Richard Schord
D-Mo
William Bray
R-Ind
Charles Chamberlain
R-Mich
L. Mendel Rivers
D-S.c
House
Viet Nam
Legislative
U. S
Rivers
William Westmoreland
Westmoreland
Defense Department
North Viet Nam
South
Washington
Defense
Senate Department
Poem fragment about Hardy sprite in nature
A Hardy sprite lives in a half world of water and air born in a rainbow. It tumbles on a worn rock where the creek arcs over and showers in crystal droplets. Motes of light form unchanging music of mountain streams and echo the sprite’s wild singing.
MENTIONED IN THIS ARTICLE
Hardy Sprite
Selma Tension Prompted by Civil Rights Protests
Sister Michael Ann of Good Samaritan Hospital denounces about 100 radicals in Selma as provocateurs who fuel racial strife while first two civil rights groups aim for peace. Negro voters face easier registration. King’s role questioned as unrest continues.
MENTIONED IN THIS ARTICLE
Michael Ann
Good Samaritan Hospital
Selma
Detroit
Martin Luther King
Paw
Skip
Fordham University
Sheila
Let's Say A Good Word For The Kids From Andrew Tully
Andrew Tully argues for a kinder view of youth criticizing widespread media vilification. He recalls personal schooling and graduation moments, praising well educated peers and noting that not all young people are troublemakers. He laments adult expectations pressuring kids to act older than they are.
MENTIONED IN THIS ARTICLE
Washington
Kremlin
Mao Tse Tung
Ken
Euclid
Homer
Nick Carter
Havelock
Spacemen Bicker In Orbit In Buchwald Satire
In a Buchwald humor piece the next American space flight is eight days away and two astronauts Alpha and Beta in a Gemini capsule argue over chores and manners. The spoof text envisions space cabin frictions escalating as personal tensions rise between crew members during a long zerogravity stay.
MENTIONED IN THIS ARTICLE
Washington
MccDivitt
White
McDivitt
Alpha
Beta
Also Mentioned on This Page
H. J. Taylor
Hugh She
Hugh Shott
Drew Pearson
Selassie
Africa
Mussolini
League of Nations
Appeal For Freedom
Daily Telegraph
J. E. Hatcher
Virginia
Allen-Scott Report
Joint Chiefs of Staff
Southeast Asia
Haiphong
North Vietnamese
Pengaton
de Chaulles
Radio Luxembourg
France
Ministry of Information
Luxembourg
Chile
Dominican Republic
Ted Kennedy
Massachusetts
Cape Cod
Kennedy
Caroline
Central Intelligence Agency
Pentagon
Russell Kirk
Alabama
C. C. Hunter
Mr. Hunter
Montgomery
Supreme Court
Andrew Tully
Thecla Fitzgerald
Thecla
Stone
Art Buchwald
Commander Beta
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