Johnsons Critics Repeat Critics As Johnson Acts
AP Business News outlines how critics of President Johnson shift after his fiscal moves. He suspends a 7 percent investment tax credit and plans to cut 5.3 billion in federal programs to curb inflation while freeing 250 million for mortgages to 15,000 homes. He may seek an income tax increase by year end. The piece notes December stock rallies, year end tax loss selling, and a housing starts forecast drop to 848,000 in October, a 20 year low.
MENTIONED IN THIS ARTICLE
John Cunniff
AP Business
NEW York (Ap
Johnson
LBJ
Wall Street
Union Bus Station Question Reappears in NC
The North Carolina Utilities Commission again weighs whether Greyhound and other intrastate lines should use union bus terminals. Greyhound seeks to withdraw and build separate facilities in Charlotte and Raleigh, while several rivals and officials argue for maintained union depots and public interest safeguards.
MENTIONED IN THIS ARTICLE
William A. Shires
Greyhound
Southern Greyhound Lines
Winston-Salem
Union Bus
Charlotte
Raleigh
Union
Southern Coach Co
Seashore Transportation Co
Queen City Coach Co
Carolina Scenic Stages Inc
Raleigh Chamber of Commerce
Arch T. Allen
Carolina Coach Co
Union Bus Terminal
R. C. Howison
Today in History highlights and notable events
On December 1 1966 history records mark wide gasoline rationing began in 1942 and Yugoslavia formed in 1918. Roosevelt opened the Inter American conference in 1936 while Churchill met Stalin in 1943. Goering expressed Nazi allegiance in 1945 and a Chicago school fire claimed 87 students and 3 nuns in 1958.
MENTIONED IN THIS ARTICLE
Associated Press
United States
Yugoslavia
Franklin D. Roosevelt
Buenos Aires
Roosevelt
Winston Churchill
Stalin
Hermann Goering
Hitler
Chicago
Eisenhower
Federal Reserve Board
Federal Deposit Insurance Corporation
Use of Surplus Recommended to Help Counties
Forsyth County Commissioner Jack Covington urged Gov. Dan Moore to apply an expected state surplus to aid counties, especially for school construction, rather than proposing a tax cut. He said many NC counties are in dire need of funds and questioned the feasibility of tax reductions in 1967.
MENTIONED IN THIS ARTICLE
Winston-Salem
Forsyth County
Dan Moore
Jack L. Covington
North Carolina
First Cuban refugee airlift arrives in Miami Florida
The first planeload of Cuban refugees arrived in Miami at the start of the U S Cuban refugee airlift, signaling the opening of a major humanitarian program.
MENTIONED IN THIS ARTICLE
Miami
Fla
U.S
Also Mentioned on This Page
Capitol Square
Als
Howison
The
Utilities Commission
Utiities Commission
Southern Greyhound
Attoney
J. Ruffin Bailey
Commission
State Highway Commission
George Broadrick
W. F
Bill) Babcock
Boca Raton
Shires
Avisco
Penney’s
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