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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jan 17, 1963
Page
1
AP dispatch from Berlin reports a rift widening between Peking and Moscow as East Berlin hosts a congress of Communist leaders. Premier Khrushchev's speech highlights alarm over nuclear capabilities and Soviet superiority as a showy display rather than substance.
A local note titled Disc valee DIARS outlines community and mining topics. It references Gplbhimalle and GUMPSES in a brief notice about collaborative efforts and local involvement. The text remains fragmentary with no clear event dates or outcomes.
The Decatur Shrine Club holds its annual business meeting Friday at 7 p.m. in the Sirloin Room of the Cornelian Hotel. A called Rising Sun Lodge No. 29 funeral rites for Carl Speegle are set for 10 a.m. Saturday at the Masonic Lodge, with Master Masons urged to attend. Police report a Lakeside High School fight led to 20-year-old Frank Powell being held for investigation. Powell allegedly stabbed Kenneth Tucker, who was not seriously injured. Principal Leon Sheffield said warrants would be sought for Powell and Tucker. The Apes Club meets Saturday evening at the American Legion and Auxiliary Home on Bank Street with Mary Lou Dancy Chapter as hostess. supper at 6:15.
President Kennedy proposes a historic 98.8 billion dollar budget starting July 1 aimed at boosting deficits to finance tax cuts and growth. He defends deficits as investments, forecasts a rising deficit to 11.9 billion, and outlines defense space and foreign aid spending to strengthen deterrence and lunar goals.
Kennedy forecast receipts of 86.9 billion and argued tax cuts in 1963 would eventually lift revenue. He cited a 2.7 billion net loss after timing shifts and faster corporation tax collections, with a 1.4 billion revenue rise from a livelier economy. Secretary Dillon urged action this summer.
The author argues bashfulness stems from self consciousness and pride. By denying self and forgetting self importance one becomes natural. Focus on a cause or message, speak to share, not to impress, and you will sustain conversation.
Khrushchev warned Chinese leaders to stop public name calling and seek talks while averting a total split in world communism. He rejected Beijing's terms for a conference and argued against war to spread communism, stressing restraint and avoiding nuclear conflict amid Castro's growing dissent.
Nikita Khrushchev toured Berlin’s wall and Checkpoint Charlie amid the Cold War heat. He waved to West Berliners after hearing Gomulka hail him as averting nuclear catastrophe during the Cuban crisis. The premier’s morning included an East German Communist party conference with about 2,500 delegates and guests.
Eighth district Republicans led by James D. Martin and John Grenier outlined a program for Alabama's 67 counties. They aimed to name an organization director and a finance director by March 1 and establish permanent party headquarters by June 1. Grenier urged developing leadership over eight months as the 1964 campaign begins. Martin urged continued enthusiasm after his close loss to Lister Hill.
A Kennedy appointed board of labor relations experts convenes in New York to resolve the Atlantic and Gulf Coasts dock strike. The 26 day stoppage by 60 000 longshoremen disrupts national welfare and commerce, with Kennedy threatening congressional action if talks fail. Senator Morse leads the panel urging good faith negotiations.
Government figures show average hourly factory earnings 2.42 dollars in December 1962 a yearly high. The same report notes weekly earnings only a penny below November and four cents above December 1961.
The Decatur First Federal Savings and Loan Association held its annual meeting. Gene Lentz was elected chairman and Leodonia Kullman secretary. Assets rose to $26,128,320.07 in 1962, up 21.2 percent from 1961. Net savings reached $21,718,852.96, with dividends totaling $815,465.29. Mortgage lending climbed to $7,727,701.63, about 11.1 percent higher than the prior year.
Ingalls Iron Works Co. launched the largest vessel on the Tennessee River, a 330 foot self propelled petroleum products carrier built for Sinclair Refining Co. The double skin barge displaces 4000 tons and can haul about 40000 barrels of gasoline. Delivery is set for early this year.
President Kennedy argues a 1963 64 deficit is unavoidable but urges policies to boost growth. He advocates a Cabinet level Department of Urban Affairs and targeted aid to education farms and other programs while detailing a plan to finance aging care through Social Security taxes.
New York stocks mixed as bond markets slip and grain futures trend lower under light trade. Wheat holds near unchanged while corn and soybeans firm on steady demand. hogs steady with top quotes around 17 dollars. Magnavox TV and Stereo guaranteed at Robinson's on 2nd Ave.
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