Administration Knew of Fed Action Under Johnson
William McChesney Martin Jr. defended the Federal Reserve before the Senate House Economic Committee, saying the board kept the Johnson administration continuously informed before and after raising the discount rate from 4 to 4.5 percent. He argued the action and its timing were justified by the fast economy and looming Viet Nam spending, while Rep. Wright Patman accused the Fed of acting independently and sought to curb its autonomy.
MENTIONED IN THIS ARTICLE
Martin
Senate House Economic Committee
Federal Reserve System
Federal Reserve and Administration
Viet Nam
House
Senate
Rep
Wright Patman
D-Tex Patman
Fed
Johnson
Congress
Law
Patman
Federal Reserve
Tech
Texas Democrat
Reserve Board
Treasury
Henry H. Fowler
Texas
Federal Reserve Board
White House
US Navy Could Take Victory in Viet Nam
London reports Jane's Fighting Ships 1965-66 calls the U S Navy the largest and most advanced in history and capable of bulldozing to victory in Viet Nam if authorized. It notes Soviet and Red Chinese forces as significant rivals, with extensive submarine fleets and long range missiles, while Enterprise and other nuclear ships are assigned to the Pacific for Viet Nam operations. Jane's remains the authoritative naval reference.
MENTIONED IN THIS ARTICLE
London
UPI
U.S
Viet Nam
United States
U. S. Navy
Wen
Far East
Jane’s
U. S
Enterprise
Soviet Union
China
Australia
Tax Cuts and Social Security Rise Foreseen for 1966
Washington reports a mixed tax outlook for 1966 with 1.7 billion in new excise tax cuts offset by about 5 billion in higher federal taxes. The changes arise from 1964 and this year actions, including Social Security and Medicare funding increases. President Johnson notes large past reductions totaling nearly 20 billion over four years.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
Minton Suffers Broken Neck in Playoff Football Game
Plano end Danny Minton broke his neck Saturday night during a Class AA playoff victory over Iowa Park. He was injured in the first quarter while tackling an opponent and was listed in fair condition today.
MENTIONED IN THIS ARTICLE
Wichita Falls
UPI
Danny Minton
Iowa Park
Minton
Texas weekend violent deaths rise with 33 fatalities
United Press International reports 33 violent deaths in Texas from Friday 6 pm to Sunday midnight, including 26 highway fatalities. Two crashes caused three deaths each, with three double fatality wrecks. North of Nacogdoches a three-person death toll includes Lois Millie Webb Broewillard 45 of Nacogdochs Bertha Neel McGorwan 47 Timpson and Terry Lynn Tinkle 1 Timpson. A Friday Hamilton crash killed Merle R. Giddings 47 Kil. (Continued On Page 2)
MENTIONED IN THIS ARTICLE
United Press International
Texas
Nacogdoches
Lois Millie Webb Broewillard
Nacogdochs
Bertha Neel McGorwan
Terry
Bond Set For Amarillo Car Thief Carl Bwell
Carl Bwell of Amarillo, recently living in Childress, faced a $1000 bond in Justice of the Peace Court after being accused of car theft. Don Ham of the Sheriff's Department arrested him.
MENTIONED IN THIS ARTICLE
Wilber Perry Carlbwell
Amarillo
Childress
Justice of the Peace Court
Carlbwell
Don Ham
Sheriff's Department
Hospital Receives 13 Pints of Blood
Childress General Hospital received 13 pints of blood for patient use during the ten day period from November 23 to December 2. The blood was supplied by the Red Cross Red River Blood Center in Wichita Falls. Childress participates in the Red River Blood Program serving 18 counties.
MENTIONED IN THIS ARTICLE
Childress General Hospital
Red Cross
Red River Blood Center
Wichita Falls
Childress
W Somerset Maugham Falls Into Deep Coma At 91
France reports British author W Somerset Maugham in a deep coma near death with doctors saying no hope for recovery. The famed writer, 91, faced a grave prognosis as medical staff monitored his condition.
MENTIONED IN THIS ARTICLE
Incoma
Nice
France
W. Somerset Maugham
Cool Weather Covers Most Of Texas Statewide
Fog shrouded extreme South Texas and cool conditions blanketed West Texas as cloudiness grew. Light rain was forecast to move from Northwest Texas tonight toward central and East Texas Tuesday, with another band expected through South Central Texas. Overnight temps ranged 32 to 66 with Corpus Christi at 80 and Dalhart at 54. The five day outlook called for below normal temperatures with moderate rainfall in north Texas and heavier rain in South Texas.
MENTIONED IN THIS ARTICLE
United Press International
Texas
West Texas
East Texas
Dalhart
Brownsville
Corpus Christi
Weather Bureau
Jeweled Lions Pin Found in Local Restaurant
A Lions Club member passing through Childress lost a jeweled Lions pin. It was found at Mrs. Maude Gay's restaurant and can be recovered by contacting Mrs. Gay.
MENTIONED IN THIS ARTICLE
Lions Club
Childress
Foreign object found in Titan 2 rocket generates setback
Space Center Houston reports a plastic dust fragment in the gas generator of the Titan 2 rocket that failed Gemini 6 launch. Frank Borman and James Lovell continued Gemini 7 missions toward new records, optimistic about a Wednesday rendezvous with Gemini 6.
Cape Kennedy Gemini 6 Rocket Setback Ends Solved Delay
Cape Kennedy engineers declare the Gemini 6 booster engine issue resolved and the mission to Sun Wednesday launch proceeds. Gemini 7 continues its record 132nd orbit as crews report weight loss, tape recorder glitches, and ongoing communications tests with ground stations.
MENTIONED IN THIS ARTICLE
Cape Kennedy
Warener
Mission Control
Earth
Borman
Lovell
Christopher C. Kraft
Walter Schirra
Thomas Stafford
Kraft
Gordon Cooper
Patrol reports October accident trends in Childress area
In November Childress County logged three investigated accidents with no deaths and four injuries, property damage about 1700 dollars. Surrounding counties reported one Hardeman County fatality from a prior July crash. Cottle County had five collisions with one injury and 3779 dollars damage. Collingsworth had four accidents with two injuries and 4150 dollars damage. Hall had two accidents with two injuries and 3300 dollars damage. Hardeman had four accidents with no injuries and 1410 dollars damage. Through November 1965 rural county crashes totaled 55 with six killed and 47 injured and about 1815 dollars in property damage. A Patrol warning urged sober driving during holidays and safe winter driving practices.
MENTIONED IN THIS ARTICLE
Childress County
Floyd Etheridge
Hardeman
Cottle County
Collingsworth
Hall County
E Fen
Evny
Supreme Court Bans Voluntary School Prayer
The Supreme Court refused to hear a Brooklyn case from New York City parents seeking daily voluntary prayer in a Queens public school. The dispute concerns prayer practices in classrooms for children aged five to eleven, with earlier district rulings upheld and later appellate reversal.
MENTIONED IN THIS ARTICLE
Supreme Court
Washington
New York City
Queens
High Court
Christmas Customs Are Explained by Mrs McDonald at luncheon
Mrs J A McDonald spoke on Christmas customs of Business4 41 Professional in other lands and reviewed The Stubborn Unbeliever for the annual holiday luncheon. Mrs Irby Martindale gave the invocation and group singing was led by Miss Aubra Hawkins with Mrs Louise Bowers at the piano. Members contributed to the Hospital Memorial Fund and prepared a charity basket. Guests included Miss Shirley Glover of Canyon and Mrs Frank Savage of Dallas.
MENTIONED IN THIS ARTICLE
J. A. McDonald
Irby Martindale
Aubra Hawkins
Louise Bowers
Hospital
Shirley Glover
Canyon
Frank Savage
Dallas
Free Coffee And Doughnuts Saturday Event Returns
The Childress Old Settlers Association will give away coffee and doughnuts for the 20th consecutive year. The free treats start at 9 a.m. Saturday at the First National Bank corner, presented by President W. E. Helms and served from the Sam Privitt chuckwagon.
MENTIONED IN THIS ARTICLE
Childress Old Settlers Association
First National Bank
W. E. Helms
Sam Privitt
Industry Plans Are Expected This Week
Spartans Industries plans a building construction start for its Childress unit this week. Company representatives will visit Childress midweek to announce the definite start date and project details of the tildress Manufacturing Company subsidiary.
MENTIONED IN THIS ARTICLE
Cominy
Spartans Industries
Spartans
Childress
Bear in Phone Booth Sparks Albany Mystery
A shopper found a black bear in a phone booth outside a suburban market in Albany New York. State police speculated the bear might have been killed by hunters and placed in the booth but noted the dialing error theory could not be ruled out.
MENTIONED IN THIS ARTICLE
Albany
N.Y
UPI
Congress probes Fed rate hike amid talk of inflation
Members of the Federal Reserve Board faced questions from the Joint Congressional Economic Committee as the rate was nudged up by one half of 1 percent to 4 1 2 percent. The panel's push is framed as a dispute between hard money critics and easy money spenders, with debates over inflation and the dollar’s purchasing power.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Joint
Congressional Economic Committee
Federal Reserve
Johnson
Reserve Board
Congressional
Easy Money
Roosevelt
U.S
Congress
Wright Patman
D-Tex
Federal Reserve System
Patman
Fed
Senate
White House
Santa Assured Of Safe Flight
NORAD will track Santa on Christmas Eve for the tenth year, with 170,000 Canadian and US military personnel monitoring 4000 sites to ensure safe passage through North American defense lines. Santa agreed to file a flight plan to avoid any slipups during his stop-filled trip.
MENTIONED IN THIS ARTICLE
Colorado Springs
Colo
UPS
North American Air Defense Command
U.S
Canada
St. Nick
NORAD
Santa
United States
City Council Meets Tonight at City Hall
The City Council will gather at 7 30 p m in City Hall for tonight's session. The meeting agenda includes routine approvals and public comments.
Republicans Urge Exit From Radical Groups
The Republican Coordinating Committee unanimously adopted a resolution urging all Republicans to reject membership in radical or extremist organizations. Senate Leader Dirksen and House Leader Ford presented the measure, backed by GOP Chairman Bliss, with Governor Smylie seconding. The ban targets groups aiming to use the party for their ends or undermining American freedom and constitutional government.
MENTIONED IN THIS ARTICLE
Washington
Republican Coordinating Committee
Tany
Senate
Republican
Everett M. Dirksen
House
Gop
Gerald R. Ford
Robert Smylie
Idaho
Ray C. Bliss
Republican Party
Melvin R. Laird
R-Wis
Dirksen-Ford
Coordinating Committee
Robert Taft Jr
Ohio
Robert Collins Pleads Guilty in Hunting Charge
Robert Collins of Sunray pled guilty in County Court to charges of hunting wild game birds with an improperly plugged shotgun. The case records show the plea and related court actions.
MENTIONED IN THIS ARTICLE
Robert Collins
Sunray
Also Mentioned on This Page
Administration
Daniel Rapoport
Chris
Violent Death Total Zooms
Bond
Bou
Sara
Cape
Son
Eiihu Oshinsky
Whitestone
Prayer Rights For
PRAY
Brooklyn
Walter Bruchhausen
2Nd Circuit
Keil
Piel Tel
Rick Smith
Stephen Hirsch
Hirsch
National Window
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