United States Aims IMF Loan To Stabilize Payments
President Kennedy told Congress the United States can draw up to 500 million dollars in currencies from the IMF this year. The move treats the fund as a lender of currencies to relieve the balance of payments problem, with the United States swapping dollars for foreign currencies and repaying without gold loss, via a no interest service charge.
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Washington
United States
International Monetary Fund
United Nations
U.S
America
Congress
iInternational Monetary Fund
Kennedy
Glenn says he will not pursue politics now
Washington AP Lt Col John H Glenn Jr denies early candidacy rumors for Ohio Senate against Democrat Stephen Young. He says no definite plans to leave NASA or Marine Corps and will not rule out future directions, while noting no party affiliation and not seeing an immediate political move.
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Washington
John H. Glenn Jr
Glenn
Marine Corps
NASA
Senate
Ohio
Stephen M. Young
Ton
Ing
Cambridge Braces For More Strife In Cambridge Maryland
Governor Tawes accuses integrationist leaders of hindering negotiations to end Cambridge unrest. Maryland Bar Association mediation plans clash with martial law as National Guard patrols and arrests shape a tense scene in the town. Gloria Richardson warns of renewed demonstrations if a mediation committee does not enter immediately.
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Cambridge, Md
J. Millard Tawes
Cambridge
Maryland Bar Association
National Guard
William J. McWilliams
Baltimore
Thomas B. Finan
Bart Association
Frederick
Tawes
Bethel African Methodist Episcopal Church
Gloria Richardson
Eclipsing Sun Draws Throng Across Nation Today
Scientists, children, and the public gather to view a solar eclipse spanning the continent. Totality occurs in Alaska and Maine, with durations up to 100 seconds, while a 60 mile wide path experiences full obscuration. Observers expect dimmed skies and visible solar phenomena as the moon covers part of the sun.
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United States
Alaska
Maine
Alton Blakeslee
NEW York (Ap
Continental
Canadian
U. S
Japan
Pacific
Canada
San Francisco Bomb Incident Drops Navy Plane Wreckage
San Francisco police officer William Porter displays a 25 pound non explosive bomb and tail fin recovered after it fell on Market Street at noon. No injuries reported though fragments and pavement shattered a window on the IBM building’s seventh floor. Navy officials say the bomb was accidentally dropped from a reserve plane.
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San Francisco
William Porter
Market Street
IBM
Navy
Market
Front Streets
Reds Must Spell Out Proposals
Washington AP reports the Kennedy administration will press the Soviet Union to formalize the sweeping Khrushchev proposals from his Kremlin speech delivered Friday. The request aims to clarify the terms and expectations in the ongoing Cold War diplomacy.
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Washington
Kennedy
Soviet Union
I Khrushchev
Nuclear Test Ban In Sight
Premier Khrushchev told ambassadors at a reception that nuclear test ban talks are advancing toward an agreement. He outlined proposals including an underground test ban, a nonaggression pact, and inspections to prevent surprise attacks. U.S. and British officials said they will study the speech and consult allies before judging the package. The talks began July 15 and may extend to multiple summit conferences if needed.
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Moscow
Chrushchev
Septa
Washington
Khrushchev
Sess
W. Averell Harriman
U.S
W. Averell Hall
Thejin
State Department
Janos Kadar
North Atlantic Treaty Organization
Berlin
Hungary
Communist Party
Sion
Union
East Berlin
Valerian Zorin
White House
NATO
Sailor Convicted In Spying Charge
Nelson C. Drummond a 34 year old Navy yeoman was found guilty by a federal court jury of conspiring to commit espionage for the Soviet Union. Sentencing set for August 15 with the maximum penalty death. Drummond and his wife faced trial after a hung jury in the first trial. He admitted taking between 20000 and 24000 dollars from Soviet agents over years claiming the material was harmless. He was stationed in London and later at Newport Rhode Island.
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New York
Nelson C. Drummond
Soviet Union
Drummond
Thomas C. Murphy
FBI
London
Negev
Murphy
Larchmont
N.Y
Baltimore
Navy
Newport
R.I
United Nations Mission
Congress considers quick path to avert rail strike
Washington AP reports lawmakers plan to act within a week before President Kennedy's July 29 deadline. A five-member Rosenman panel and congressional committees debate a fast track bill to curb a potential nationwide railroad strike. Some lawmakers favor a narrow solution targeting the current dispute to avoid widespread impact.
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Washington
Gress
Kennedy
Congress
Congressional Committee
White House
Samuel Rosenman
Dent
Lister Hill
D-Ala
Senate
Big pipe across Davidson County to Forsyth and Guilford
A Sunday Enterprise feature by Braxton Younts explores the new gas pipeline carving a path from Davidson County through Forsyth and Guilford to Friendship terminal, with workers shown at ground. A second feature previews a summertime swimming pool scene as a photo feature in tomorrow's Enterprise. A third item notes Cold War tensions with Cuba, Moscow, and Peking, promising insight in tomorrow's paper.
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Davidson County
Forsyth
Guilford
High Point
Friendship
Braxton Younts
The
Sunday Enterprise
Enterprise
Russia
China
Castro
Cuba
Moscow
Peking
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Union County
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