Fed action eyed as aid to economy by McCosney Martin Jr
Federal Reserve Board chairman William McCosney Martin Jr said the recent half-mile rate hike should help the U.S. economy and delaying action might require stronger measures. He told the Senate House Economic Committee that the Fed kept the Johnson administration informed, with frank exchanges before and after the board’s move. The decision, opposed by President Johnson and others in a 4-3 vote, raised the discount rate and the rate on time deposits, aiming to prevent monetary overstimulation and sustain output and employment progression.
MENTIONED IN THIS ARTICLE
Edmond LE Breton Washington
William McCosney Martin Jr
Federal Reserve Board
U.S
Martin
Senate
House Economic Committee
Johnson
Federal Reserve and Administration
Life Without Hands Described by Amputee Worker
Joseph Weisz, 47, of Hyattsville Maryland, recounts losing both hands in a November meat cutting machine accident at an Alexandria Virginia plant. Surgeons initially re attached the hands but later faced a necessary amputation.
MENTIONED IN THIS ARTICLE
Joseph Weisz
Hyattsville
Alexandria
Decatur Diary PTA and club meetings announced
Austinville PTA meets Tuesday at 7 p.m. A Christmas musical by the school chorus directed by Miss Ramona Love. Woodmeade PTA meets today at 7:30 p.m. in the school auditorium. Mary Lou Dancy Chapter 320 OES meets Tuesday at 7:30 p.m. in the Masonic Building for regular session and a Christmas party with gift exchange. see Diary on Page 2.
MENTIONED IN THIS ARTICLE
Austinville Pta
Woodmeade Pta
Ramona Love
Mary Lou Dancy
Order of Eastern Star
Masonic
Labor Pushes Higher Wages and Social Security Rise
AFL-CIO leaders urged a 50 percent hike in Social Security benefits and a broader share of national wealth for workers. They called for federal price controls on key commodities and bold policy to create jobs and boost purchasing power, amid a push at the federation’s 10th anniversary convention in San Francisco.
MENTIONED IN THIS ARTICLE
Neil Gilbride
San Francisco
Afl-Cio
White House
Rain Fails To Help Area Towns
Decatur area saw only trace rainfall this weekend with 0.06 inches reported by WHOS. Moulton and Trinity remain in water shortage, officials say the amount is insufficient for relief. See RAIN On Page 2.
MENTIONED IN THIS ARTICLE
Winford Turner
Decatur
Moulton
Trinity
WHOS
Johnson opens budget talks ahead of three diplomacy conferences
President Johnson, back at the White House after a Texas trip, began budget session preparations for upcoming talks with Pakistan president, British prime minister, and West German chancellor. The briefing said he would focus on diplomacy scheduled for the next week.
MENTIONED IN THIS ARTICLE
Frank Cormier
Washington
Johnson
White House
Texas
Pakistan
Britain
West
Supreme Court declines Ohio man bid to consult lawyer before breath test
The Supreme Court rejected hearing an Ohio man's bid claiming constitutional rights were violated when police denied his request for legal counsel before consenting to a drunk driving test. In Alabama, wreckage from a light airplane was found near Oneonta Airport. Pilot Jake Phillips, 30, of Blountsville, was killed when his plane crashed into a field near the Rogers home, about 12 miles south of the airport.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Ohio
Oneonta
Ala
Oononta
Jake Phillips
Blountsville
Wendell Rogers
Athens Eyes New School Construction
Athens board of education plans to purchase land in West Athens for a proposed elementary and junior high school to be built after January 1. Chairman Bruce Sherrill said the land is on West Hobbs Street near the Limestone County Nursing Home. Architect E M Terry of Birmingham met with the board and must seek preliminary plans approval from the State Building Commission.
MENTIONED IN THIS ARTICLE
Athens
Athens Board of Education
Bruce Sherrill
Sherrill
W. Hobbs St
Limestone County Nursing Home
E. M. Terry
Birmingham
State Building Commission
Youth Held In Teen Slaying In Montgomery
A 17-year-old youth is charged with murder and assault with intent to murder after a drive-in restaurant dispute escalated to a shooting at a track. Roger Lee Hill died from a pistol wound. Donald Robert Postma was wounded. The suspect, unnamed due to age, fled the scene.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Roger Lee Hill
Prattville
Donald Robert Postma
Hill
Postma
Gemini 7 astronauts near long space voyage milestone
The Gemini 7 crew, on day nine of the marathon mission, report no fatigue and remain mentally alert as they near a planned rendezvous with Gemini 6. Borman and Lovell wake to questions about Cape Kennedy preparations for the Wednesday launch attempt and acknowledge possible same-day splashdown if delays persist.
MENTIONED IN THIS ARTICLE
Ronald Thompson
AP Aerospace Winter Space Center
Houston
Tex
Frank Borman
James Lovell
D. Owen Coons
Borman
Air Force
Lovell
Navy
Cape Kennedy
Market News Roundup From New York to Chicago
New York traders report higher stocks with active trading while bonds show mixed activity. Chicago grain futures are strong with broad buying across wheat corn soybeans and export demand. Hogs and slaughter steers hold around steady with Friday’s averages near 28.75 dollars.
MENTIONED IN THIS ARTICLE
New York
Chicago
Mortgage Loans Ad From Security Mutual Finance Corp
Security Mutual Finance Corp located at 714 Bank St offers real estate mortgage loans. Contact 353 0742 for Adv.2.
Pen theft at Heywood Sunday School sparks Bible pen irony
thieves broke into a Heywood England Sunday School on a Sunday and stole 60 ballpoint pens. Each pen bore the embossed blessing May the Lord forgive your sins reflecting a religious twist in the crime.
MENTIONED IN THIS ARTICLE
Heywood
England
Maugham Death Expected Soon In France
British author W. Somerset Maugham lay in a coma at a Cap Ferrat villa after a Saturday stroke. Doctors said he had less than 24 hours to live as he entered the death agony, with rising temperature and pulmonary congestion.
MENTIONED IN THIS ARTICLE
Nice
France
W. Somerset Maugham
Cap Ferrat
Georges Rosanoff
Maugham
Mr. Maugham
Appointment with Glenn for Electrolux Vacuum sale
An advertisement notes an Electrolux Vacuum appointment with Glenn Ala on March 9, 3 9379. The listing conveys a sales context and contact reference for the appliance.
MENTIONED IN THIS ARTICLE
Glenn Ala
Death by own action in Klan probe linked case
Grady B. Mars, 41, a former military policeman tied to the Ku Klux Klan by a congressional investigator, died from a gunshot wound in his bedroom. The Rowan County coroner says the death may be self-inflicted, with his wife noting long-standing despondency after refusing to testify before the House Un-American Activities Committee.
MENTIONED IN THIS ARTICLE
Mike Rouse
N. C
Rowan County
Grady B. Mars
Mars
Rufus Honeycutt
Jean
Spondent
House Committee On Un-American Activities
Also Mentioned on This Page
Federal Reserve
Federal
Thomas A. Reedy
Saigon
South Viet Nam
da Nang
Que Son
Viet Nam
Dien Bien Phu
327Th Airborne Battalion
Ben Cat
Weisz
LABOR
Athens Eyes
Schirra
Stafford Check Rocket
Lelaesha
Quickies
Ken Reynolds
Ada
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!