Government Deficits debated as virtues or sins
Sam Dawson discusses the federal budget debate and the question whether deficits help growth or signal economic danger. He notes the administrative budget excludes social security, highway funds, veterans' life insurance, unemployment, and other items, hiding the true fiscal picture and its impact on the economy.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Washington
Europe
Congress
Budget Bureau
Uncle Sam
Kennedy
Yale
Editor Dies in Gloucester Age 70
Samuel Williamson, 70, first editor of Newsweek magazine, died Monday night in Gloucester Massachusetts. The veteran journalist helped shape the weekly’s early voice and journalistic standards.
MENTIONED IN THIS ARTICLE
Gloucester
Mass
Samuel Williamson
Newsweek Magazine
Billy Graham Crusade in Chicago Raises 719000
The Chicago Crusade for Christ chairman announced that 719000 in contributions was raised before and during the 19 day event ending Sunday. H J Taylor said 350000 was raised before the crusade began May 30 and the local committee budgeted 540000. Graham departed Monday for Montreat North Carolina.
MENTIONED IN THIS ARTICLE
Chicago
Billy Graham
Crusade For Christ
H. J. Taylor
Graham
Montreat
N.C
Assemblyman Shell Endorses Nixon After Primary Loss
Joseph Shell, a California State Assemblyman and conservative Republican, endorsed Richard Nixon after losing to him in the Republican gubernatorial primary. The endorsement followed a meeting at a friend's home, and Shell said Nixon made no commitments in return.
MENTIONED IN THIS ARTICLE
Los Angeles
Joseph ‘Shell
Richard Nixon
Shell
Nixon
California
Seat belts to be installed in Pa state cars
Pennsylvania will require seat belts in all state owned two door sedans purchased at open bidding. Gov. David Lawrence backs standard equipment in state cars as part of the highway safety program.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Property and Supplies Department
David Lawrence
Rail layoffs aimed at wage hike cost across major lines
Several railroads begin furloughs to cover a 10.2 cent per hour wage increase agreed by 11 unions representing 450000 off train workers. Illinois Central furloughed 650 workers as Wayne Johnston cites a $3.8 million annual impact. Railroads plan further study before potential additional cuts.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Central Railroad
Wayne Johnston
Kennedy
James Wolfe
Rock Island
Chicago firm plans layoffs to offset payroll costs
The Chicago firm reports 300 layoffs expected since May to cut about $2.4 to $2.5 million in payroll. H Ellisditional wages. Johnson says total layoffs may reach 400 within a month. The Milwaukee Road and a Chicago railroad say wage settlements will cost the firm $2 million or more annually.
Also Mentioned on This Page
Dawson
Treasury
Ito
King Features Syndicate, Inc
By Jo Fischer
Ted
Ted Thomas
Thomas
Spartan Machine
RUDD
Iowa
Illinois
Joseph Shell
Trades Council
Western Catholic Union
W. University Ave
Des Moines
Lowe
Quincy
Ulinets
Cadillac
Allen Olds
Cadillac CO
First Avenue
Cedar Rapids, Iowa
Allen's
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