Depreciation liberalization aimed to aid business growth
The Kennedy administration announced rapid liberalization of tax depreciation write-offs, predicting about 1.25 billion dollars in 1962 savings for businesses. New rules will be simpler, broad classes replacing 5,000 item lives, with effect as early as next tax year.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Hot Springs
Kennedy
Treasury
Fowler
Congress
Revenue Service
Business Council
Roger M. Blough
U.S. Steel Corp
Big Steel
Secretary of the Treasury
Douglas Dillon
Dillon
Washington
Henry H. Fowler
U.S
Experiments With Potential Death Ray at Redstone Arsenal
Reports from Huntsville describe Laser research at Redstone Arsenal under Army Ordnance Missile Command aimed at weaponizing light amplification. Director William B. McKnight explains coherent radiation from a synthetic ruby laser rod could, in time, disrupt enemy missiles. sources suggest possible anti-missile use within 20 years.
MENTIONED IN THIS ARTICLE
Huntsville
Ala
Redstone Arsenal
Army Ordnance Missile Command
Redstone
William B. McKnight
McKnight
U S weighs stronger response to Laos crisis with pro Reds
Washington reports Kennedy and advisers weigh forceful steps to halt Communist gains in Laos as Nam Tha falls to Pathet Lao. White House holds talks with Harriman Decker Hillsman Bundy and others amid concern over government troops reluctance to fight and risk to US policy for a neutral coalition under Prince Souvanna Phouma.
MENTIONED IN THIS ARTICLE
Washington
U.S
Laos
Kennedy
White House
State Department
W. Averell Harriman
George H. Decker
Army
Roger Hillsman
George Bundy
Nam Tha
United States
Souvanna Phouma
Royalists Flee Into Thailand Amid Laos Offensive
Royal Laotian troops fled across the Mekong into Thailand as pro Communist forces seized Houei Sai beyond the cease fire line. The Pathet Lao backed by the Soviet Union surged into Nam Tha and northwest Laos, threatening a national unity government in Vientiane and drawing possible U S involvement.
MENTIONED IN THIS ARTICLE
Vientiane
Laos
Mekong
Thailand
Houei Sai
Red
Souvanna Phouma
U.S
Prince Boun Oum
Souphanouvong
Kennedy
Pathet Lao
Washington
U. S
Defense Ministry
Soviet Union
Viet Nam
Nam Tha
American Family Returns from Russia Bitterly Disillusioned
A Philadelphia area family including David Johnson and his wife Joanne returned from the Soviet Union to Idlewild Airport amid deep disillusionment. Johnson called the trip a tragic mistake and said ten minutes is enough to see the system’s flaws. The couple sold possessions to fund the move and faced immigration delays in London before sailing back on the Baltika with their two four year old sons Cole and Lindsey.
MENTIONED IN THIS ARTICLE
Joanne
Cole
Lindsey
Johnson
Russia
Soviet Union
NEW York
Philadelphia
United States
David Paul Johnson
Idlewild
Johnsons
State Department
London
Pennsylvania Railroad
Probers Reportedly Get Major Break In Estes Case
Washington AP report says investigators may have a breakthrough in the Billie Sol Estes case with cash book entries showing payouts and a Washington project. Senate investigations chair John L. McClellan says Estes will be subpoenaed for public hearings within a month. Sen John G. Tower says evidence may make Teapot Dome look minor. White House offers no comment.
MENTIONED IN THIS ARTICLE
Washington
Investi
Gators
Estes
Texas
Billie Sol Estes
Senate Investigations Subcommittee
John L. McClellan
D-Ark
John G. Tower
R-Tex
Teapot Dome
Agricultural Department
White House
Andrew T. Hatcher
Avuuc Vl feVe Vu Ieee
Agri
Washington Project
Wilson’ Culture
Orville L. Freeman
Agriculture Department
Tower
Warren G. Harding
Refugees Stream Into Hong Kong
Hundreds of soldiers and militiamen fled Communist China and crossed into Hong Kong on Wednesday. The Post reported about 300 troops crossed, with villagers saying police surrounded them. some carried white flags and asked to join Chiang Kai shek’s Nationalist army in Formosa. The exodus totals about 10,000 a month, prompting shipments back to relieve overcrowding, amid Peiping suspicion.
MENTIONED IN THIS ARTICLE
Hong Kong
China
Morning Post
Peiping
Orbit Try Reportedly Delayed
Cape Canaveral sources say the May 17 orbital flight of astronaut Malcolm Scott Carpenter has been postponed to fix attitude control system problems. The issue echoes trouble seen during John H. Glenn Jr.'s February orbital mission, with no NASA comment yet.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Malcolm Scott Carpenter
National Aeronautics and Space Administration
John H. Glenn Jr
Wake Forest to honor two university deans as speakers
Dr. Liston Pope of Yale Divinity School and Dr. Samuel H. Miller of Harvard Divinity School will be commencement speakers at Wake Forest College. Pope will deliver the graduation address June 4 at 10:30 a.m. in Wait Chapel, while Miller gives the baccalaureate sermon June 3 at 11 a.m. in Wait Chapel. Pope is Yale dean of the divinity school and Gilbert L. Stark professor of social ethics.
MENTIONED IN THIS ARTICLE
Divinity School
Yale
Gilbert L. Stark
Also Mentioned on This Page
By Rodney Angove
Algiers
Secret Army Organization
Algeria
Oran
Adrien ‘Fush
Colette
Blida
Secret
Rue d'Isly
Muong
Loi Chou
Dien
Bien
Wenshon
Miles
Mengtsz
Will Wilson
By Forrest Edwards
Dr. Pope
Wake
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!