Dollar defense could begin in Saigon
Editorial urges direct controls on US funds outflow to curb balance of payments deficit. It argues Vietnam war expenditures fuel dollars flowing from Saigon to Paris for gold, and that directing remittances to American banks would reduce the Paris gold drain and strengthen the dollar.
MENTIONED IN THIS ARTICLE
Saigon
Johnson
U. S
Europe
Vietnam
Paris
de Gaulle
Washington
South Vietnam
Rapa Nui
Want Gilmore
U. S. Travel Service
Payroll tax hike hits workers and employers alike
The report details a 13 percent Social Security benefit rise for 24 million pensioners, funded by payroll taxes on the first 7 800 of earnings, up from 6 600. It notes the burden falls hardest on low earners and families with children, while employers must match each payment, a point highlighted by the Tax Foundation analysis.
Making City Work Again at National Conference in New York
Editorial notes a National Conference on Corporate Urban Programs in New York sponsored by the National Industrial Conference Board. It cites Johnson administration efforts to attract private enterprise into hard‑hit urban areas, including a federal test program for job creation, and highlights OIC projects and calls for private sector job training and employment.
MENTIONED IN THIS ARTICLE
New York
The
National Industrial Conference Board
Johnson
Soece
National Conference
New York City
Whitney M. Young, Jr
John V. Lindsay
Lindsay
Philadelphia
Opportunities Industrialization Center
OIC
Thacher Longstreth
Philadelphia Chamber of Commerce
Detroit
New Detroit Committee
Max Ways
Fortune
Lincoln Steffens
Earl Armstrong
Carolinas
YMCA
Congress urged to cut huge Defense RDT&E subsidies
Drew Pearson argues the 5.3 billion defense RDT&E subsidy in 1966 mostly went to 500 large firms, with 97.9 percent to 500 contractors. He highlights major beneficiaries like Lockheed, General Dynamics, GE, Western Electric, GM, Pfizer, Dow, Esso, Ford, and Litton, noting weak checks on research value and broader political ties shaping the funding. The piece suggests Congress should explore curtailing this spending.
MENTIONED IN THIS ARTICLE
Hank
Lockheed Aircraft
General Dynamics
Esso Research
Linden
N. J
Ethyl Corporation
Standard Oil
Shell Oil
General Motors
Ford
Chrysler
Admiral Company
Columbia Broadcasting System
Uncle Sam
Litton Systems
Litton Industries
Litton Precision Products
Bausch and Lamb
Pearl Harbor
Harry Truman
Senate
Texaco
Bulova Watch
International Harvester
Allis-Chalmers
Carborundum
Niagara Falls
Bendix
du Pont Company
Republican Party
Defense Department
Hercules Onder Company
du Pont
Winter market in Chicago amid war and inflation fears
In Chicago the winter furniture market opens amid weather and worry over war and the dollar. Analysts note 1968 could match 1966 volumes, with November orders up 14 percent but first 11 months lagging 4 percent.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
High Point Enterprise
Web
France
Drew Pearson
Congress
Defense
Pentagon
Eisenhower
General Electric
Western Electric Company
American Tel & Tel
White House
Charles Pfizer Drug Company
Harvey, Aluminum
Vance Hartke
D-Ind
Carmen Warshaw
Southern California
Olin Mathieson Chemical Corp
Republican National Committee
New Haven
Gulfport
Miss
Engelhard Industries
New Jersey
Charlie Engelhard
Olin Mathieson
Dow Chemical
Ereeweewss of the
High Point Enterprise, Inc
North Hata Street
Point
N. C
Dall B. Terry, JR
P. Rawley
McPherson
W. Patterson, Jr
Aie
Gerkes
Lorian
Associated Press
N.C
Associated Ome
High Point
High Po Enterprise, Inc
U.s. Somewhere
Holt McPherson
Ternoa
Jesse M. Elder
William Gould Brokaw
Jay Gould
Archdale
Luther Robbins
Thomasville
Brokaw
Charles Speed
State Highway Patrol
Tomorow
Rotary Club
Tom Burton
Highway Department
Joseph M. Hunt Jr
HUD
East Central
D. A. Dowdy Towers
Carson Stout
Wade Street
Ethel
Louis Fisher
Grenoble
Don Conrad
Jimmy Mitchell
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