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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 30, 1962
Page
1
Commerce Secretary Hodges warned the economy will grow slower in 1963 than 1962 though at record levels. He called for a federal income tax cut to spur consumer spending and business investment, insisting timely action could start a long period of growth and rising prosperity.
NASA outlined plans for a 4000 pound satellite to test micrometeorite impacts with a 2000 square foot surface. It would ride aboard a Saturn rocket in an atmospheric re entry test of an Apollo craft and orbit 100 to 200 miles up for over a year.
In Lakeland Florida prices for fresh Florida citrus bound for consumers have nearly doubled due to the December 13 14 freeze. Florida Citrus Mutual executive vice president Robert Rutledge said wholesale prices for concentrate packs rose up to one dollar per dozen six ounce cans. Prices for fruit sent to processing plants also climbed with estimates showing up to 50 percent damage to the orange crop and about 30 percent to grapefruit.
Moscow's Tass news agency reported that President Kennedy's promise of a free Cuba caused perplexity and concern at the official level. The report appeared Saturday night and reflected official Russian reaction to U.S. policy shifts.
KEY WEST AP report says seven Cubans were arrested in Havana on charges of hoarding and speculating with automobile spare parts.
Senior admiral said the United States leads in building atomic powered submarines but the Russians now possess a larger fleet than most realize. Thach did not cite numbers. Reports put Russia at about 10 nuclear subs in commission with potential doubling by 1963. The U.S. has 27 nuclear subs, nine Polaris. next year could rise to 41 boats including 18 Polaris. Total submarines 142 with 115 conventional. The Nautilus was the first nuclear sub, eight years into service.
Purdue researchers used radioactive potassium to measure lean body weight and fat loss in dieters. In an eight week study, 51 men and women on 900 calorie daily diets shed 12 to 36 pounds, with lean body mass remaining constant. The technique helps study effects of age nutrition disease and fitness on body fat.
The Thames froze from bank to bank below Windsor Castle as Britain endures its coldest spell since 1947. Snow blankets northern Europe, while Weymouth sits cut off by a blizzard and many events are canceled. Two elderly Britons die shoveling snow.
A jokey vignette shows a father pacing the floor while a baby wails and his wife rests, highlighting his claim that no one asks how he balances marriage and a career.
The Internal Revenue Service will require tax exempt foundations to detail dollars collected and invested, salaries, stock holdings, and fundraising costs. Public access to information returns will increase, with names of grant recipients and their relations to benefactors disclosed. changes target smaller foundations though apply broadly.
Ames B Donovan said 2500 more relatives of released Bay of Pigs prisoners would come to the United States under the Castro arranged agreement. He also said Castro might travel to the U S for a UN speech and negotiations on freeing 23 Americans jailed in Cuba. Donovan warned there is no date but urged patience as talks resume after ransom assurances.
An unidentified vessel was reported to have capsized and sunk in a howling gale three miles off the Cornish coast Saturday night.
New Delhi AP reports Communist China is preparing for its first nuclear test in a remote sinking province and says the test will occur very soon, per the Indian Express on Saturday.
Review of 1962 progress in Eastern Iowa towns and a report on Cedar Rapids retail stores for a strong year. Eastern Iowa highlights cover regional growth while Cedar Rapids outlines indicate robust commerce and shop activity across the year.
John L. Lewis 82 former United Mine Workers president is reported recovering from stomach ulcer surgery performed Wednesday at St. John’s hospital Springfield. His brother R O Lewis of Charleston WV says he is well on his way to recovery as officials declined to comment.
In La Mesa, North Santander, outlaws struck Saturday killing at least 30 people in savage fighting. Provincial Gov. Silva Valdivieso said several policemen also died, but details are scarce due to poor communications.
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