Government Faces Money Pinch Amid Interest Rate Crisis
The article reports a week of monetary strain for the U S government and citizens as rates rise. It notes the Treasury offering 4 5 percent to refund bonds, a Senate plan to inject funds into mortgages, and a House push to cap CD rates for savers while the administration shifts to letting monetary authorities set ceilings. British PM Wilson seeks talks with President Johnson as the pound falters.
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Sam Dawson
AP Business News
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U.S. Treasury
Treasury
Faubus Backing Carpenter in Arkansas Runoff
AP reports Joe Basore charges Gov. Orval Faubus backs Claude Carpenter to defeat Basore in the Democratic lieutenant governor runoff on Aug. 9. Basore accuses Carpenter of loyalty to Faubus and Arkansas’ political machine, citing past actions and alleged party betrayals. T. E. Tyler also issued a statement about Carpenter.
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Joe Basore
Orval Faubus
Claude Carpenter
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Carpenter
Oryal Faubus
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T. E
Tom) Tyler
The Fragile Male Ego Advice Column Excerpt
A letter asks Helen how marriages work with equal partners and correcting husbands. Helen replies that married life teaches choosing battles and saving breath for what truly matters, while noting practical honesty over trivial quarrels.
CIA Chief Forgiven on Letter to Fulbright Controversy
Washington AP The Senate Foreign Relations Committee forgave CIA Director Richard Helms for a letter praising a newspaper editorial critical of Senator Fulbright. Helms said he regretted the lapse and apologized, while Morse did not press a formal demand for his resignation.
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Senate Foreign Relations Committee
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J.W. Fulbright
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Helms
Fulbright
Wayne Morse
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