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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 09, 1961
Page
2
The following up and asked prices are obtained from the National Association of Securities Dealers and other sources but are unofficial. They do not represent actual transactions and serve as a guide to approximate ranges within which these securities could have been sold. Origin of any question will be furnished upon request.
President Kennedy urges strong leadership to address city and suburb issues by creating a new cabinet rank department of housing and urban affairs. The plan would encompass FHA, Public Housing Authority, Urban Renewal, Community Facilities, and FNMA. Potential outlays total about 3.25 billion over several years.
President Kennedy, asked about US missile balance, notes FBI report on Meriwether before Export-Import Bank vote. He says Meriwether will do a good job. Kennedy also discloses polio vaccine reserves in Cuba aiding Cuban outbreak and reiterates no ties with Castros, wants friendly ties with Cuban people. He maintains grants to non public secondary schools are non negotiable while questioning across the board loans to private schools.
President Kennedy faces a setback in his push to ease US China contact while avoiding formal recognition. Washington offered to exchange newsmen, but Warsaw talks with the Red Chinese failed to yield entry approvals, signaling a negative stance from Peiping yet keeping pressure on Formosa.
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