Tax Hike Talk Cooled As Inflation Hint Fades
Secretary Henry H. Fowler said the Johnson administration would seek tax increases if needed to curb inflation but no definite pattern exists. He spoke at the University of Connecticut Loeb Awards luncheon and downplayed immediate tax hikes while noting restraint could also curb inflation.
MENTIONED IN THIS ARTICLE
New York
Secretary of the Treasury
Henry H. Fowler
Johnson
Tern
Fowler
University of Connecticut Loeb Awards
Martin
Gardner Ackley
President's Council of Economic Advisers
White House
GM Cuts Back Production At Four Plants
GM cut back production this week at four of its 23 assembly plants as industry sales indicate demand easing. Chevrolet plants in Ypsilanti Michigan and Van Nuys California plus a South Gate California unit ran three days, while Atlanta Georgia operated four days.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
CES
Tatcoisa
Taveral Motors
Chevrolet
Ypsilanti
Mich
van Nuys
Calif
South Gate
Atlanta
Goldwater attacks Fulbright and Viet Nam policy
Barry Goldwater accused Sen. J. W. Fulbright of carping criticism that aids enemies in Viet Nam and urged Fulbright to resign as chairman of the Senate Foreign Relations Committee. He blamed the administration and some Republicans for wartime tensions and rising federal spending.
MENTIONED IN THIS ARTICLE
Washington
Barry Goldwater
J. W. Fulbright
D-Ark
Viet Nam
Fulbright
Senate Foreign Relations Committee
Goldwater
Vietnik
John T. Williams
Delaware
United States
Williams
Johnson
House Approves Fund Bill with Rent Subsidy Debate
The House backed a $10.55 billion appropriation bill for HEW programs for the next fiscal year, approving an unrequested funds increase of $489 million. A Bow amendment to cut federal payments to school districts was rejected 235-143 as the rent subsidy and other programs faced opposition. The measure moves to the Senate for final action.
MENTIONED IN THIS ARTICLE
Washington
House
Senatepartment of Health, Education and Welfare
Frank Bow
Ohio
Bow
Appropriations Committee
Johnson reads note from cook shows arrogance not in White House
President Johnson jokes that arrogance in the White House is unlikely after reading a note from his long-time cook Zephyr Wright. He also cites reading a similar note to Sen. Wayne Morse during travel to Detroit for Sen. Pat McNamara's funeral. Congress rejects a $232.8 million veto-worthy amendment as the panel terminates the Mohole project amid four-year NSF funding.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Sen
J. W. Fulbright
White House
Gianer
Zephyr Wright
Fulbright
Wayne Morse
D-Ore
Detroit
Pat McNamara
D-Mich
House
Melvin R. Laird
R-Wis
National Science Foundation
Congress
Switch In Sexes Its A Passing Fad
AP reportsDr Vladimir Eliasberg, a New York psychiatrist, calls teen gender fashions a passing wave not a psychiatric trend. He notes boys trim hair and wear makeup while girls imitate masculine styles, driven by social factors and rebellion against parents and society.
MENTIONED IN THIS ARTICLE
New York
Vladimir G. Eliasberg
Spac Oe Phyper
Eliasberg
War spills into Laos and Cambodia widening Vietnam conflict
US Defense Department reveals 11 air crew deaths and near 20 missing or captured in Laos over two years. In Saigon American artillery crossed into Cambodian jungle to silence guns as Viet Cong fire mounted, with officials saying clashes across borders are defensive and not a broader policy shift.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Laos
U.S
Saigon
Boundary
U S
Viet Nam
Southeast Asia
Defense
Enemy forces trap Viet Cong in rugged valley fight
In Vietnam 11 miles north of Son La, U.S. Ist Cavalry reports killing 100 Viet Cong and estimates 300 to 400 more trapped in a valley. Two rings of troops guard potential fight to the finish as 30 Viet Cong and 268 suspects are captured. B52 bombers hit a Viet Cong stronghold near the Cambodian border for the fifth day.
MENTIONED IN THIS ARTICLE
Robert B. Tuckman
Saigon
U.S. Ista Cavalry Theeeen
Son
Selling squall hits stock market in 1966 retreat
A selling squall drove down stock averages to fresh lows for 1966 as General Motors news of production cuts spurred a market selloff. IBM Braniff Admiral Motorola fell while GM Ford and Chrysler edged lower. major steelmakers posted fractional gains amid mixed electronics and color TV shares.
MENTIONED IN THIS ARTICLE
New York
General Motors
IBM
Braniff Airways
Admiral
Motorola
Ford
Chrysler
Bride Receives First Viet Nam Letter as Husband Is Killed
Mrs Roseann A Pecora of Cos Cob receives her first letter from Pvt Joseph Pecora in Viet Nam promising safety from the front. He is killed the same day in a grenade explosion shortly after arriving in Saigon. He was 21 and married eight months. He had earned three medals.
MENTIONED IN THIS ARTICLE
Greenwich, Conn
Roseann A. Pecora
Viet Nam
States
Joseph Pecora
Pecora
Cos Cob
Pvt
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Hollywood
Sunset Strip
Cambodia
North
U.S. Air Force
Navy