Kennedy Signs Bill Easing Tax Impact On Du Pont Co
President Kennedy signed a law to cut the tax bite on Du Pont stockholders who would receive 63 million GM shares under the antitrust ruling. The measure halves the potential tax from more than $1 billion to about $470 million by treating the GM share transfer as a return of capital. The White House urged not to influence the court and to keep DOJ enforcement of the Supreme Court decision.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
du Pont Co
Justice Department
General Motors Corp
du Pont
Supreme Court
U.S
Chicago
Senate
House
Department of Jus ‘Tice
Christiana Securities Corp
Young Republicans graduate training assert UN bonds debate
About 600 trainees completed leadership courses in Washington with speeches opposing the 100 million United Nations bond proposal. William Miller urged revising the UN Charter if needed, while Clare Williams derided Kennedy policy as shopworn. A Pacific fleet flotilla, including a cruiser and two destroyer squadrons, is noted.
MENTIONED IN THIS ARTICLE
Washington
United Nations
Kennedy
Congress
GOP
William E. Miller
United States
United Nations Charter
U.N
Clare B. Williams
Castro To Speak On OAS Action In Havana Rally
Fidel Castro prepares a packed Havana rally in Jose Marti Plaza to answer Punta del Este declarations and the U S embargo. Foreign guests arrive as banners denounce the OAS and Cuba pledges solidarity with Marxist Leninist theory. Raul Castro remarks on future regional neighbors.
MENTIONED IN THIS ARTICLE
Havana
Fidel Castro
Punta del Este
U. S
Jose Marti Plaza
Castro
San Jose
Red China
Uruguay
Organization of American States
Ministry of Colonies
United States
Francisco Juliao
Revolu
Prague-Havana
CSA
Revolucion
Wall Street
Hemisphere
Washington
New York
Cuba
Hoy
Raul
Santiago
Beauties Wear Playsuits in Miss Chinatown USA Pageant
In San Francisco Chinatown the Miss Chinatown USA pageant will feature playsuits for the first time. Contestants will still wear cheong san and be judged on grace beauty and talent. Pageant official Charles Leong notes elders reluctantly accepted the change though it caused some debate.
MENTIONED IN THIS ARTICLE
San Francisco
Chinatown
Charles Leong
Also Mentioned on This Page
General Motors
U. S. Pacific Fleet
Gilbert
Time Books
Office Equipment CO
S. Main ST
OAS
State Farm
Ort
State Farm Homeowners
H. Worth Hedrick
State Farm Fire and Casualty Company
Bloomington, Ili
Eckerd
Main ST. College Village Shopping Center
Bancroft Therapeutic
Parker
Colos
Cepacol
Tampax
DR. West
Bancroft
S. Main
High Point, N.C
Bancroft Vitamins
Gillette
Salina
Dorothy Gray
Valentine
Whitman
Pangburn
Hallmark
Eckerd’s
Eckerd's
North State
Central Exchange
High Point
Thomasville
Randleman
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