House Debates Bills To Curb Bank Deposit Rates
The House moves to vote on interest limiting measures aimed at keeping bank time deposits from drawing funds from savings and loans for home building. Patman proposes a 4 percent ceiling on deposits up to 100000, with presidential approval for increases, while Stephens favors Federal Reserve discretion. Mills signals tax-boost uncertainty amid Viet Nam funding and overall fiscal policy.
MENTIONED IN THIS ARTICLE
Washington
House
Savings and Loan Associations
Wright Wright Patman
D-Tex
House Banking Committee
The
Treasury
Robert G. Stephens Jr
D-Ga
Federal Reserve
Patman
Congress
Stephens
Wilbur D. Mills
D-Ark
Ways and Means
Mills
Banker Davis slams Patman bill at railroads meeting
North Carolina banker Archie K. Davis warned that without coordinated fiscal and monetary policy the economy may face dislocations. He blasted the 4 percent CD ceiling proposal, urged administration flexibility, and urged Congress and the Fed to share responsibility for stable economic conditions.
MENTIONED IN THIS ARTICLE
White Sulphur Springs
W. Va
Congress
North Carolina
Archie K. Davis
Spening
Railway Treasury Officers
American Association of Railroads
Davis
Wright Patman
Patman
Federal Reserve
American Bankers Association
Wachovia Bank and Trust Company
Federal Reserve Board
Eee Ss
M Ny
Daughter Happy Says Witness in Tanzania Murder Case
In Mwanza Tanzania a 25 year old Kinsey is accused of beating his 23 year old wife to death at a Sunday picnic. The defendant claim s the wife fell from a 20 foot rock. A Riverside Conn witness testified with her sister present as defense. Her daughter’s bloodstained blouse and skirt were shown in court as evidence.
MENTIONED IN THIS ARTICLE
Dennis Neeld
Associated Press
Veteeeee
Mwanza High Court
Peppy
Verwoerd Assassination Casts Shadow Over South Africa
South Africa's ruling Nationalist party meets in Cape Town to approve condolences after Prime Minister Verwoerd's assassination. A successor is to be chosen, with Donges acting as prime minister. Vorster and Schoeman named as possible leaders amid strong apartheid support. Verwoerd to be buried in Pretoria's Heroes Acre after a state funeral.
MENTIONED IN THIS ARTICLE
Verwoerd
Cape Town
Ment
Pretoria
Theophilus Donges
Donges
Transport
Ben Schoeman
Ame
Vorster
South Africa
Triangle Expressway plan drew fire from ex-commissioner
Clifton L. Benson, a former fifth division highway commissioner, accused the Moore administration of stalling on a four lane Raleigh to Chapel Hill expressway. He said funds are diverted to the Durham and Triangle Expressways while N C 54 languishes, and called a recent highway board resolution to acquire rights of way for the project phony.
MENTIONED IN THIS ARTICLE
Raleigh
State Highway Commission
Moore Administration
Highway Commission
Benson
Defense barring Viet Nam war legality argument at court martial
In Ft Dix New Jersey Army Pvt Dennis Mora's court martial the defense was barred from arguing the Vietnam War is illegal. Judge Col Robert F Maguire interrupted opening statements by attorney Stanley Faulkner and ordered the prohibition as the court sat.
MENTIONED IN THIS ARTICLE
Ft.dix
N.J
Viet Nam
Robert F. Maguire
Dennis Mora
Stanley Faulkner
Engine Room Fire on German Liner Hanseatic
An oil fed fire tore through the engine room of the Hanseatic as it neared departure for Europe with about 300 aboard. Firemen evacuated the crew and early passengers while Coast Guard reported all passengers left safely. Firefighters fought the blaze for over an hour, using masks and carbon dioxide to suppress the flames.
MENTIONED IN THIS ARTICLE
New York
Hanseatic
Europe
Coast Guard
Why Did Anatoli Kill A Soviet Crime Case Analyzed
The article profiles Anatoli Mikhailov a 21 year old with a troubled background and a drifting life who murders a stranger after meeting him in a restaurant. He fatally stabs the agronomist takes a watch and 50 roubles and is arrested the next day as Komsomolskaya Pravda questions why he killed.
MENTIONED IN THIS ARTICLE
Peter Worthington
Alliance Moscow
Komsomolskaya Pravda
Anatoli Mikhailov
Anatoli
Also Mentioned on This Page
U.S. 11Th Armored Cavalry Regiment
Vung Tau
Saigon
Ft. Meade, Md
House Banking and Currency Committee
S.A
Robert N. Lindsay
Johannesburg
House of Assembly
Balthazar Vorster
Daniel
Donald
Dale Britton
Dallas
N.C
University of North Carolina At Charlotte
Brothers
Dale
Durham
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