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Newspaper
Delaware County Daily Times
Location
Chester, Pennsylvania, United States of America
Date
Dec 07, 1965
Page
1
Moscow reports another unsuccessful Luna 8 soft landing attempt after a 13 hour bid. Tass cites a flaw in equipment despite Luna 8 weighing 101.5 pounds more than Luna 7 and near touchdown before the failure at 4 51 p.m. EST.
The Federal Reserve Board raised rates to 4.5 percent in a move to curb inflation prompting fresh congressional criticism. President Johnson and Fed Chair Martin defended their positions after a two hour Texas ranch meeting with advisers. Johnson signaled further meetings, while Martin stressed inflation as a real threat.
Banks may pay more as rates climb to an all time high, a move opposed by the administration and many Democrats. Senators warn the Fed is defying Johnson and Congress while the FDIC met without action, typically following the Fed.
Harrisburg House committee debates adding a poverty factor to the Scranton Administration school subsidy bill. In addition, UK and US stock markets react to entertainment and rights issues as Dow Jones slips and recovers.
Hampton, long time Chester resident and store owner on Morton Avenue, advocates self help and neighborly cooperation to improve a mixed race, poverty-stricken block. He argues ownership boosts upkeep, calls for paint drives, and supports foot patrols with walkie talkies to build trust and curb youth delinquency.
Lambert estimates the amendment would raise the bill total by 23.5 million, on top of the current 70 to 100 million value. He spoke with administration officials but received no commitment. The administration plan would shift state aid toward a weighted pupil formula and unify several existing methods into one basic system. The measure, already Senate approved, includes bonuses for the most sparsely and densely populated districts spending at least 400 dollars per student. In the House, seven Democratic civil rights bills moved to the Senate, while three others advanced for later passage. The week’s action followed by a day Pennsylvania officials.
Elizabeth City firemen continue daily work pumping 16 to 18 gallons of gasoline from a hole near downtown since June 22. Officials have not located the source though nearby service stations report no losses and residents note WWII era military storage in the area.
The Vatican confirms Pope Paul VI promulgated the last four council decrees in St. Peter’s Basilica. The religious liberty declaration and the pastoral constitution on the modern world gained large majorities, while birth control remained unresolved for future change. Simultaneous excommunications with the Orthodox Church were canceled in Istanbul.
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