Kennedy calls tax to curb foreign investments and gold outflow
President Kennedy asked Congress to tax purchases of foreign stocks and bonds to stem the outflow of gold and dollars, a move expected to impact international markets. The plan sets a 24 to 15 percent tax on securities from 22 industrialized countries, effective Friday until December 31, 1985. The president also announced the U S will draw up to 500 million from the IMF to buy foreign-held dollars, aiming to trim the balance of payments deficit by about 2 billion over 18 months.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Congress
United States
International Monetary Fund
IMF
U.S. Treasury
U.S
Garden city notes and ordinary weather chatter
Garden City residents share snippets from daily life including a note on driver license updates and a stray personal letter. Local workers install lights at Fansler Field while editors praise municipal employees. A street corner suggestion asks banks to adjust temperature signs to improve impressions. ZIP code reminder ties to Telegram front page date-line.
MENTIONED IN THIS ARTICLE
Main
Garden City
Kansas
Missing Brothers Found In the Kansas River
Two Topeka brothers reported missing after a fishing trip Sunday were found dead in the Kansas River west of Topeka and near Rossville. William Cox, 23, was located snagged on a trotline by Mill Creek, and Charles Cox, 14, was located near a bridge south of Rossville.
MENTIONED IN THIS ARTICLE
Kansas River
Topeka
William Cox
Mill Creek
Charles
Rossville
Garden Sass Middle Age Reflections on Regret
A compact reflection on looking back at past mistakes and wishing for a fresh start. The piece uses casual garden imagery to express regret and the desire to redo choices with middle aged perspective.
Central Strike Date to Be Set by Union
In Fort Worth a meeting will be held soon to fix a strike date against Central Airlines after ground employees voted by mail to strike. Airline Employes Association Local 70 chairman David Harris said the result was a decisive approval with a wage offer deemed unacceptable and negotiations stalled. The mediation board had indicated it could do no more as the 30 day cooling off period ended.
MENTIONED IN THIS ARTICLE
Harris
Housewife Stalls Tree Removal in Merriam Kansas
Mrs A B Williams a Merriam housewife and her four children sat under a large shade tree near their home for ninety minutes on Wednesday preventing a bulldozer crew from removing it. Police later confirmed the property belongs to neighbor Art Van Walleghem and the stand ended with no hard feelings.
MENTIONED IN THIS ARTICLE
Merriam, Kan
A. B. Williams
Finney County Wheat Output Dips Despite High Protein
Finney County reports a 1966 wheat harvest near 3 million bushels, about half of the 9.81 million bushels two years earlier, with 189000 acres planted and an average yield around 17 bushels per acre. Officials cite winter kill, worms, and storage shifts. state tests show protein around 12 percent and favorable test weights, while much grain moves to commercial storage.
MENTIONED IN THIS ARTICLE
Finney
Finney County
Kenneth Fromm
County Agin
George Voth
Garden City Co-op
Kansas State Hour of Agriciture
Kan- Tyas
West Central
Southwest
Dia
Letters Protest Dance Request
Mayor Jim Sloan reported more than 50 letters from First Methodist Church members protesting an ordinance change to permit dancing in taverns. A Sunday School class petition and local residents near Park Inn also opposed the request citing noise and nuisance concerns. city commission discussed but did not act, with further debate slated for next Wednesday.
MENTIONED IN THIS ARTICLE
Jim Sloan
First Methodist Church
Paul Hantta
Park Inn
E. Fulton and Evans
Big Three face thorny issues in limited test ban talks
In Moscow, U S Undersecretary Harriman and Lord Hall of Britain met in a brief session as three powers seek a limited nuclear test ban. A three power communique said progress was made on provisions covering atmospheric, outer space and underwater tests. Kennedy voiced cautious optimism that a limited ban may be reached, while broader disarmament discussions could follow, though obstacles remain with France and China challenging NATO cohesion and PRC relations.
MENTIONED IN THIS ARTICLE
John M. Hightower
Moscow
U.S
W. Averell Harriman
Lord Hallsham
Britain
Harriman
Andre A. Gromyko
Lothar Bolz
United States
Soviet Union
Kennedy
Washington
Andrei A. Grenmyko
W. Averell
Rintan
Lord Hailsham
France
China
Western Alliance
NATO
Charles de Gaulle
Khrushchev
Peking
Calm Returns to Wall Street After SEC Report
New York AP report notes Wall Street steadies after nervous trading draws. Traders cautious as SEC inquiry details reforms for short selling floor traders and specialists. No immediate division of brokerage functions. markets react to 2100-page SEC findings with a partial rebound but end lower.
MENTIONED IN THIS ARTICLE
New York
Waill Street
Sidney Lurie
Josephthal & Co
Congress
Securities and Exchange Commission
G. Keith Funston
New York Stock Exchange
Edwin D. Etherington
American Stock Exchange
SEC
Etherington
Wall Street
New Commission Pushes Development of Economy
The Kane say Economic Development Commission vows action to guide the Legislature toward a favorable business climate and tax interpretation changes. It backs conservation and water resource development and urges completion of projects to maximize Kansas economic growth, including Navy-Halian. A second report covers a Union Station robbery where a 31-year-old clerk was robbed of 441 dollars by a man posing as railroad staff, who shot and ordered him to lie on the floor.
MENTIONED IN THIS ARTICLE
Topaka
Kanesay Economic Development Commission
Kangas
Kansas
Nayi- Halian
Kansas Industrial Development Commission
St, Louis
Amah
Union Station
Credit Union
Larman Shuneyfelt
Cahokia
Shaneyfelt
Wren
JFK Ready For Capital Race March
President Kennedy expressed support for peaceful civil rights demonstrations in Washington and said he plans to be in the capital for the August event. He discussed the economy, space goals, a potential rail strike, and stance on civil rights amid controversy with Gov. George Wallace.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
National Capital
United States
Britain
Soviet Union
Moscow
Bernard Lovell
Tniona
Congress
Alabama
George C. Wallace
Kenedy
Ito
Cambridge
Mil
Breat
South Viet Nam
Bar East
Commissioners Accept Audit Report for 1962 Year
City commissioners in a late afternoon session accepted the 1962 audit by Jad Lewin CPA. They praised Lewis, approved curb gutter and paving on five eastern streets, and accepted a replat of Vairlane 1st addition. Parking will be free at the Chestnut and 7th street off street lot for now. future motor installations are delayed. A preliminary budget session is planned for next Monday night.
MENTIONED IN THIS ARTICLE
Jad Lewin
CPA
Pratzed
Lewis
Jon
Anderson
Fleming
Chestnut
Ansderdon
Lo. Sprece
Laurel
Fulton
Sprece
Vairlane
Town
Kanans
Spruce
Wilelaw Lane
Emory Linquist Chosen New President at WU
Dr Emory Linquist was elected by the University of Wichita Board of Regents to serve as the next president, succeeding Harry Corbin who will retire August 31. Linquist currently holds the title of university professor after serving as dean of facilities and dean of the college of Liberal Arts and Sciences. Previously he led Bethany College in Lindsborg Kansas for a decade before joining WU in 1953.
MENTIONED IN THIS ARTICLE
Wichita
University of Wichita Board of Regents
Emory Linquist
Adnquiat
Harry ¥. Corbin
Corbin
Der
Tolinquist
Liberal Arte
Ldnguist
Bethany College
Lindsborg
Kan
Also Mentioned on This Page
JFK
City Electrical
Reed and Stinemetz
Fansler Field
Finnup Park
William Avery
Robert Dole
Avery
Bole
Finney's
Agricultural Stabilization Conservation Service
Fromm
Kansay Crop and Livestock Reporting Service
Telegram
Pantose Stadium
Sloan
Macmillan
Specialists Exchange
BBC
New Commission
Bet Seals
PS Ser
Emory Linquist I