Low Interest Loans To Underdeveloped Countries Promised
Secretary of the Treasury Douglas Dillon testified the Kennedy administration plans to offer loans to underdeveloped nations on terms as low as the Soviet Union, possibly with no interest. He supported a $4.8 billion development loan program, noting 80 percent of aid would buy U.S. goods and services. Loans would be repaid in dollars with long grace periods and potentially small service charges.
MENTIONED IN THIS ARTICLE
Ernest B. Vaccaro
Washington
Secretary of the Treasury
Douglas Dillon
Soviet Union
Senate Foreign Relations Commiitee
Dillon
Kennedy
U.S
Ditlon
Japan
Europe
Iran
Treasury
Laos Talks Stay in Rut Amid Stockholder Meeting
In Geneva AP dispatch reports a tense Laos stockholders meeting with over 60 in person and proxy votes forming a strong majority amid Western calls for a durable cease fire and long-term arrangements. Pushkin urged broad discussion while Vienna talks loom, as Laos neutrality and regional power balance hang in the balance.
Road Death Toll Stands at 176
CASTLE ROCK AP Chris tina R. Staufer of Santa Fe BM was killed Monday when thrown from a skidding car 13 miles south of here on U S Highway 85 87 The State Patrol said driver Lee Maynard Staufer of Santa Fe suffered facial cuts The northbound car skidded across the highway and both occupants were thrown out The car then swung over and ran over the woman Her death raised Colorado 1961 toll to 178 from 151 a year earlier.
MENTIONED IN THIS ARTICLE
Castle Rock
Christina R. Staufer
Santa Fe
Here
U.S
Lee Maynard Staufer
Orla Emertson
Colorado
Ft. Collins Girl's Brother Takes Lie Detector Test
The 22 year old Earl Owen, brother of Jecra Lee Owen who was raped and beaten to death May 28, took a polygraph test at the sheriff's office. Sheriff Scheerer said results were negative and more than 10 people had been questioned since the weekend slaying of the 15 year old school girl.
MENTIONED IN THIS ARTICLE
Font Collins
Cole
APS
Jecra Lee Owen
Sheriff's Office
Ray K. Scheerer
Earl Owen
Jlrsts
Charlie
Rahnavar Adda
Derra Lee
Colorado State University
Une
GE Chief Cordiner Calls Price-Fixing a Humbling Experience
Washington AP Halph J. Cordiner president and chairman of General Electric told a Senate subcommittee that GE price fixing was a humbling lesson. He said self discipline protects a free competitive economy and accepted responsibility for violations while insisting antitrust laws remain necessary and enforcement must be aggressive. He noted lower echelon meetings violated clear company policy he tried to instill.
MENTIONED IN THIS ARTICLE
Jonn Chadwick
Washington
Halph J.cardiner
Jhairman
General Electric Co
St. Cordiner
Senate
Electric
Cordiner
Ge’n
Caterpillar Stings Reported Across Several States
A dangerous caterpillar known as the woolly worm has appeared in Missouri Maryland Virginia the Carolinas Georgia Florida Mississippi and Louisiana. The creature is a quill covered caterpillar Megalopyge opercularis whose sting causes pain swelling weakness shock and other grave reactions.
MENTIONED IN THIS ARTICLE
Houston
Missouri
Maryland
Carolinas
Georgia
Florida
Mississippi
Louisiana
What is Sactiatism in U S capitalism debate
Washington The Labogr Department reports figures claiming United States capitalism is more socialistic than Indian socialism. It states about 4 percent of the U S gross national product is disposed by government levels, versus 10 percent for India.
MENTIONED IN THIS ARTICLE
Washington
Labogr Department
United States
Indian Socialist of India
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