Caution Against Rising Debt Echoes 1929 Lessons
A persuasive critique warns that rising federal and private debt erodes wealth on payday. It argues debt grows faster than output, cites 1946 private debt at 73 percent of GNP and 1964 at 130 percent, and urges individuals to build reserves while lawmakers curb borrowing. It cautions against politicians who warn debt is harmless.
MENTIONED IN THIS ARTICLE
America
Wis
Wall Street Journal
Alfred L. Malabre, Jr
O.K
Changing South Faces Graduation Remarks at Arkansas
Dr. Winfred L. Godwin of Atlanta urged Arkansas seniors to study the changing South noting its rich resources yet persistent poverty. He spoke at the Saturday commencement as about 800 graduates received degrees in Fayetteville.
MENTIONED IN THIS ARTICLE
Fayetteville, Ark
University of Arkansas
Winfred L. Godwin
Atlanta
Weather Summary for Arkansas Louisiana Miss and East
Weether Experiment Station report for 24 hours ending at 7 a.m. Monday. High 86 Low 66 precipitation .15 of an inch. Arkansas clear to partly cloudy through Tuesday with little temperature change. Louisiana partly cloudy through Tuesday with afternoon thunderstorms affecting about fifty percent of the area. Not much change in temperatures. Low tonight in the 60s High Tuesday in the 30s. East and Southern Miss continued on Page Three.
MENTIONED IN THIS ARTICLE
Arkansas
Louisiana
Planes Knock Out Red Radar Site and Barracks
US and Vietnamese planes destroyed a North Vietnamese radio station and radar site on Hon Nieu Island and at Chap Le army barracks. They sank vessels near Route 1, hit a Vinh supply depot, and damaged 19 buildings. On the ground Marines killed 89 Viet Cong and wounded 69 with artillery, while eight US Marines died in a helicopter collision.
MENTIONED IN THIS ARTICLE
Edwin Q. White
Saigon
South Viet Nam
North Viet Nam
Hon Nieu Island
Chap le
Route 1
Vinh
U.S
South China Sea
New
Chu Lai
Shadow lifted from French poodle in San Rafael
In San Rafael California AP reports the Bastille shadow was removed from a French poodle named Mr Benchley after three months probation for chasing deer in a state preserve. Judge David Baty expunged the record deeming the dog now law abiding and restored to unblemished society.
MENTIONED IN THIS ARTICLE
San Rafael
Calif
Benchley
David Baty
El Dorado Man Fatally Hurt in Cafe Attack
Billy Ray Moore, 22, was seriously hurt with a sharp object Sunday night during a contest in a cafe near El Dorado. The Union County Sheriff's Office held a man for questioning in the slaying. Both victims and suspects are Black.
MENTIONED IN THIS ARTICLE
EL Dorado, Ark
Billy Ray Moore
el Dorado
Union County Sheriff's Office
Court TV Ruled Out Billy Sol Gets New Trial
The Supreme Court ruled televising criminal trials violates defendants right to due process. Justice Tom C Clark delivered the opinion overturning Billie Sol Estes conviction from a state court in Tyler Texas after he argued TV cameras tainted his trial.
MENTIONED IN THIS ARTICLE
Court TV
Billy Sol
Washington
Supreme Court Today
Billie Sol Estes
Texas
Tom C. Clark
Estes
Tyler
Tex
IWE Leader Promotes Allied Union Campaign
International Union of Electrical Workers president Paul Jennings announced a drive to recruit members from the rival United Electrical Workers Union. Jennings, 46, who took command on April 7 after a bitter dispute with James B. Carey, said there are no merger plans with Walter Reuther's UAW or the UE. He spoke in Los Angeles with West Coast leaders.
MENTIONED IN THIS ARTICLE
Los Angeles
United Electrical Workers Union
International Union of Electrical Workers
Paul Jennings
IWE
James B. Carey
Walter Reuther
United Auto Workers
House of Labor
Jennigs
Engineer Maynard Leaves LR District for Pine Bluff Firm
Col. Charles D. Maynard retiring chief of the Little Rock District of Army Engineers will join Central Transformer Corp of Pine Bluff as assistant to the president. He steps down July 31 after serving as district engineer since July 1962.
MENTIONED IN THIS ARTICLE
Little Rock
None More Respected in the Viet Nam War Than Rescue Crews
In Da Nang a small group of Pacific Air Rescue Center detachment crews have saved 21 airmen and recovered as many bodies in four months. Maj. Ronald L. Ingraham leads Detachment 5 as Capt. Floyd R. Lockhart flies 259 missions earning Air Medals and clusters. They fly armored helicopters under danger, and rescue crews sometimes must rescue rescuers when crashes occur.
MENTIONED IN THIS ARTICLE
Viet Nam
Pacific Air Rescue Center
Ronald L. Ingraham
Homestead
Fla
U.S. Air Force
Maj
Ingraham
Floyd R. Lockhart
Richwood
W.va
Lockhart
Jim E. Harltye
Tampa
Flo Lockhart
Gemini 4 prepares for splashdown and space lessons
Astronauts McDivitt and White finalize Gemini 4 splashdown plans while the mission yields data to hasten the path to the moon. Recovery forces on the Atlantic await pickup as the four day voyage wraps up.
MENTIONED IN THIS ARTICLE
McDivitt
White
U.S
Gemini
Atlantic Ocean
Taylor Home to Talk With LBJ
Ambassador Maxwell D. Taylor arrives in Washington for another round of talks with President Johnson and top advisers on the Vietnam situation. He plans to stay about a week. the last consultations were ten weeks ago.
MENTIONED IN THIS ARTICLE
Washington
Maxwell — D. Taylor
Johnson
Viet Nam
Killer of 3 Object of Manhunt By JOE MCKNIGHT
Salina Kansas AP reports a young Kansas farm boy fresh from college tied to a killer of three. Local authorities pursue a manhunt with limited details as the case unfolds.
MENTIONED IN THIS ARTICLE
Salina, Kan
Kansas
Page
U.S. Missiles Can't Come Back on Land
Houston AP report notes U.S. manned spaceflight uses ocean landings for Gemini and Apollo. Engineers push a paragliding style dry land system, backed by tests and a $30 million investment, to save Navy ship costs and improve safety.
MENTIONED IN THIS ARTICLE
Houston, Tex
James A. McDivitt
Edward H. White II
U.S
United States
Manned Spacecraft Center
Lee Norman
NASA
Faubus and Tax Group Seek Highway Funding Solution
Arkansas lawmakers in Little Rock faced a stalled highway tax package as Gov. Faubus met with a Senate House committee. The House backed a 14.8 million highway tax plan while the Senate trimmed about 1.5 to 2 million from major tax bills. The Houses reconvene Tuesday to resolve differences over licenses, diesel and gasoline taxes amid ongoing negotiations.
MENTIONED IN THIS ARTICLE
Orval Faubus
Legislative Committee
Arkanaa
Little Rock
Capitol
Orvald
Faubus
Senate
House
Thirty Two Compete for Arkansas Dairy Princess Title
Thirty two girls will compete for the Arkansas Dairy Princess crown Saturday in Barton Coliseum at the Arkansas Dairy Festival. The event highlights regional dairy producers and 4-H youths as the pageant proceeds in Little Rock.
MENTIONED IN THIS ARTICLE
Little Rock
Barton Coliseum
Interfaith Conference Planned in Little Rock
An interfaith conference scheduled for June 14-15 in Little Rock is expected to attract about 300 ministers from across Arkansas. The event is sponsored by the Greater Little Rock Conference on Religion and Race and the Arkansas Council on Human Relations.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas
Greater Little Rock
Sardis Revival in Progress at Sardis Missionary Baptist
A revival began Sunday at Sardis Missionary Baptist Church and runs through June 11. Services are at 7 30 each night through Friday with evangelist Rev Arlis Downs and pastor Rev J H Marcum leading.
MENTIONED IN THIS ARTICLE
Sardis Missionary Baptist Church
Arlis Downs
J. H. Marcum
Faubus Reasserts Road Threat at Jacksonport Dedication
Arkansas Governor Faubus, addressing about 2000 in Newport at a Jacksonport Park ceremony, warned that lawmakers who oppose his pay as you go road tax plan do not deserve highway funding. He tied park and Civil War Centennial markers to the road vote and said Roads to this park cannot be built without the program.
MENTIONED IN THIS ARTICLE
Newport
Ark
Gor
Faubus
Jacksonport Park
Jacksonport
White River
Supreme Court Invalidates Connecticut Antibirth Control Law
The Supreme Court 7-2 struck down Connecticut antibirth-control statutes banning contraceptive use and advising on birth control devices. Justice William O. Douglas authored the majority ruling.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Connecticut
William O. Douglas
All Around Town Yard of the Month Winners Noted
The Federation of Garden Clubs announces Yard of the Month winners in several wards with addresses in Monroe, Main Street, and Grady area. Local graduates from Bob Jones University and Southern State College receive honors, plus upcoming installation at Evergreen Lodge 175 in Centerville.
MENTIONED IN THIS ARTICLE
Federation of Garden Clubs
Monroe Bittle
Edgewood
A — Hazel
Beanice Abram
S. Main
Roy Foster
S. Grady
Henry Francis
Bob Jones University
Greenville
D. C
David Nelson Porter
E. C. Porter
Washington
Nu Delta Chi
Evergreen Lodge
Centerville
Hobart D. Shirley
Whitfield
Lodge No 239
A. W. McIver Jr
Alr
Landing Right on Time as Gemini 4 Crew Returns
Astronauts James McDivitt and Edward White splashed down in the Atlantic after a 97 hour 57 minute mission completing 62 orbits and 1,609,684 miles. They reported feeling well despite a late landing due to a missing computer guidance aid.
MENTIONED IN THIS ARTICLE
Jules Loh
Associated Press
Houston, Tex
James McDivitt
Edward White
Earth
Atlantic
Last Marines Leave the Dominican Republic After Crisis
The final U S Marines depart Camp Lejeune while 12 500 airborne troops and 700 Air Force members remain in the Dominican Republic as part of an inter American peace force. Brig Gen Bouker notes 9 killed in action and 30 wounded since April 28.
MENTIONED IN THIS ARTICLE
Robert Berrellez
Santo Domingo
Dominican Republic
U.S
Camp Lejeune
N.C
United States
Brazil
Costa Rica
Honduras
Nicaragua
Caribbean
John B. Bouker
Marine Expeditionary Force
Bruce Palmer
Bouker
Booker
Latin America
Haiti
Antonio Imbert Barrera
Moca
Imbert
Santiago
Foces
Francisco Caamano Deno
Organization of American States
Also Mentioned on This Page
Alex. H. Washburn
Weether
DA Nang
Hale Center
South Plains
Duke
Okla
Oklahoma
AP News Digest
Defense Department
Duane Pope
Nebraska
Ike
Mamie’’ Eisenhower
West Point
Gerald McKinney
International
Taylor
Lbj
By Joe McKnight
Harold R. Williams
AP Aerospace Writer
Dairy Princess
Peggy Lloyd
C. F. Lloyd
Hope Rt. 4
Southern State College
Hope
Alpha Chi
Sigma Ambda
Virgil Lee McNatt
Lois Lee Bright
Hope, Ark
U. S. Navy
U. S. Naval Training Center
San Diego
U. S. Fleet
Charles Curtis Nelson
David Nelson
Hope Rt. 2
U.S. Army
Army
Texarkana
SFC Waldrop
Fort Polk
Hope High School
Lowell Harris
Boy Scout Troop 91
Howard Miller
Wadley Hospital
Mary Pillow Johnson
The
Dominican
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