18 Jun 1960
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 18, 1960
Page
1
The Communist Chinese warned of shelling Quemoy as President Eisenhower arrives for a Formosa visit. The Seventh Fleet escorts him with about 500 aircraft, while officials cite plans for potential shelling over two days.
The US Senate approved a defense budget of 18.08 billion dollars to back a broader aid package amid tensions with China. The measure, sent to the House for conference, includes funding for aircraft and missiles, and strengthens the Marine Corps and National Guard while enabling intensified pressure on the Russians. The Seventh Fleet guard around Formosa and a task force with carrier Yorktown moves toward the region as China threatens further shelling and the United States prepares for potential escalation.
A top Socialist Party member Kawakami was stabbed near the Diet building during a large anti alliance rally. Police detained a 19 year old assailant as thousands protested demanding the premier’s resignation and a halt to the US Japan security treaty. In Washington the State Department urged ratification as Senate leaders signaled a fast track.
General Motors Holden reports £15.25 million profit for the year with a record overseas export value of £1.95 million. The company shipped Holden vehicles to Indonesia and Africa and plans £8.4 million in parent dividends to General Motors. Opposition figures criticize foreign ownership of Australian industry and warn export earnings rising while national income growth lags.
The Sydney Greasy Wool Feast Exchange Limited closed steady after brisk trading. A record total of 164 contracts was made across three sessions, surpassing the previous high of 140 on the exchange’s first day.
The Admiralty says Princess Margaret and Antony Armstrong-Jones will sail Britannia back to Portsmouth after their Caribbean honeymoon. The Royal Yacht departed the Thames on May 6 and is expected to dock at 1 am.
Melbourne reports the body of Captain Frank Pallard of rats Isl Brisbane was recovered this morning from a Fokker Friendship wreck near Mackay after an overnight search. Divers from AMAS Warrego continue examining wing debris as salvage plans proceed with expert input to minimize further damage.
Prime Minister Menzies will return to Australia on Monday after a nine week overseas tour. He will confer with the Federal Cabinet in Canberra on Tuesday and chair the Premier's Conference and Loan Council meeting on Thursday and Friday. He traveled to the United States and Canada, met President Eisenhower and Prime Minister Diefenbaker, and received honorary degrees from Cambridge and other universities. Dame Pattie Menzies accompanies him home.
Four babies born in Alexandria Hospital to Mrs Attiad Mohammed Abdel Rahman and her 64 year old husband, a local laborer. The event details appear in an Associated Press dispatch from Cairo dated Friday.
American and French officials at a conference rejected the Soviet disarmament plan as unworkable. French expert M. Mach criticized Russia for masking control shortcomings and urged reconsideration though Western delegates warned the talks faced a final impasse.
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