Governments Don't Go Broke But People Do
A column notes Britain’s pound collapse from 2.80 to 2.40 per dollar and warns welfare states pass financial pain to citizens. It argues governments may avoid bankruptcy while people lose purchasing power, contrasts Britain’s decline with the US path, and criticizes Johnson’s tax and spending stance as buck-passing.
MENTIONED IN THIS ARTICLE
U.S
England
London
Great Britain
United States
Englaml
America
Johnson
Congress
Harald Wilson
Vietnam
Britain
France
Spain
Rome
Amerie
Constitution Revision Meeting Held In Hempstead County
Two representatives from the Arkansas Constitutional Revision Study Commission will speak at an open meeting in Gatte Rack on Tuesday November 21 at 7 00 p m in the School Administration Building HITE The Hempstead County Republican Women's Club sponsors the event and invites the public A question and answer session will follow an educational program on Arkansas constitution reform.
MENTIONED IN THIS ARTICLE
Arkansas Constitutional Revision Study Commission
Gatte Rack
Hite
Hempstead County
Republican Women's Club
State of
Arkansas
Prescott Man Shot to Death in Accidental Shooting
Edgar Arvin Grifford, 54, of Prescott, died in an apparent accident after a rifle discharged while Richard Isom, 45, of Camden, guided dogs down a hill about 160 yards from Grifford's deer stand. The coroner requested ruling the incident accidental.
MENTIONED IN THIS ARTICLE
Camden
Ark
Edgar Arvin Grifford
Prescott
Quachua County Sheriff's Office
Grifford
Richard Isom
Isom
Senate set to pass SS measure before Thanksgiving
The Senate moves toward final passage of a sweeping social security bill with a conference to reconcile House and Senate versions. Debate will be tightly controlled as managers push to finalize amid a major clash over benefit increases and tax bases. Key questions center on wage base and final benefit levels, with the House favoring larger boosts than the Senate plan.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senate
Congress
Mike Mansfield
House
Senate Finance Committee
John J. Williams
Nelaware
Sento
Boy Dies After Accidental Shot in Hunt Near Strong
Michael Wayne Russell 11 of Strong Gatson County died on arrival after a Ny 410 shotgun blast to the chest. The accident occurred as he exited a pickup truck about miles west of Strong while hunting with his brother Jatu Hensute Russell and others. Union County Coroner J Pinson Dr. noted the incident.
MENTIONED IN THIS ARTICLE
Bi Dotadg
Ark
Michael Wayne Russell
W. B. Russell
Strong Gaton County
Union County
J. Pinson
Strong
Tas
Jatu Hensute Russell
Ah Thete
Saulsbury
Gazette Begins Its 149th Year in Arkansas
The Arkansas Gazette, oldest newspaper west of the Mississippi, begins its 149th year today.
MENTIONED IN THIS ARTICLE
Gazette
Litter Bok
Ark
Arkansas Gazette
Mississippi River
U S Forces May Partially Withdraw From Vietnam
General Westmoreland says a token withdrawal of U S troops from South Vietnam may be possible within two years due to enemy manpower shortages. Any phase out would start cautiously and depend on South Vietnamese forces improving, as NBCs Meet the Press discussed with Ambassador Bunker. The broader war outlook remained grim in columns by Walter Lippmann.
MENTIONED IN THIS ARTICLE
Washington
William C. Westmoreland
U.S
South Vietnam
South
Vietnam
Westmoreland
House Armed Services Committee
Ellsworth Bunker
NBC
Meet the Press
Walter Lippmann
Johnson
Herbert Hoover
Hoover
Lippmann
Jonson
Lippount
Defense Department
Population hits 200 million milestone in US history
Washington observes the United States reaching 200 million people as a census clock in the Commerce Department marks a four-nation milestone. Officials cite births deaths and immigration, while critics warn counts may be off by millions. In Alabama, Thomas Adams, 30, was killed in a Mobile social club shooting as police search for a suspect with a long record.
MENTIONED IN THIS ARTICLE
Joseph R. Coyne
Associated Press
Washington
United States
China
India
Soviet Union
Alexander 8. Trowbridge
Commerce
Census Bureau
Commerce Department
Population Reference Bureau
Reference Bureau
U.S
Mobile
Ala
Thomas Adams
North Little Rock
Adams
Board Acts to Protect U S Dollar
The Federal Reserve raised its discount rate from 4 to 4 1 2 percent in an emergency move aimed at preventing a surge of dollars overseas after Britain's pound devaluation. Officials say the rise aligns market rates with global levels and may slow inflation, though consumer loan rates would likely not move immediately. Treasury Secretary Fowler kept White House silence on the action, while expressing support for Britain’s economic objectives. Chairman Patman of the House Banking Committee criticized the Fed in past but noted the worldwide cooperation behind the move.
MENTIONED IN THIS ARTICLE
Joseph R. Coyne
Associated Press
Washington
Federal Reserve Board
Fis
Britain
U.S
Federal Reserve
White House
Treasury
Henry H. Fowler
United Kingdom
Wright Patman
D-Texas
House Banking Committee
100 Percent Behind the United Fund in Hope Area
Hope and Hempstead County firms show 100 percent subscription to the United Fund covering management and employees. Participating entities include Guernsey School Garland Elementary Paisley Elementary Beryl Henry Elementary Hope City departments Hope Wire Products Klipsch and Associates Tolber Corp Barwick Electric Roy Anderson Southland Farms Verger High Shover Cox Drug Lewis McLarty Stewarts Scott Credit Bureau Made ODay Wiggin Alteration Collier Furniture Wylie Glass Fosters Shoe Arkla Gas and Brookwood Elementary, among others.
MENTIONED IN THIS ARTICLE
Hope and Hempstead County
United Fund
Guernsey
Garland
Paisley
Beryl Henry
Hope City
Hope Sanitation Department
Hope Street
Hope Fire Department
Hope Sewer Department
City of Hope
Hope Wire Products, Inc
Klipsch and Associates, Inc
Hope-Hempstead Chamber Names New Directors
New chamber directors elected to the Hope Hempstead County Chamber of Commerce board include WH Bin Etter of Washington Dr Don Freel Wall V Rutherford T O Porter and Jim Lockhart all of Hope. They and current members will meet Tuesday evening December 5th to elect 1968 officers.
MENTIONED IN THIS ARTICLE
Hope- Hempstead County Chamber of Commerce
WH "bin" Etter
Washington
Don Freel
Wall V. Rutherford
T. O. Porter
Jim Lockhart
Hope
Pound Devaluation Sparks Global Financial Battle
AP analyst notes Britain’s pound devaluation sparks a broader battle among trading powers. High US rates could attract investment to Britain, affecting US rates and housing as Congress weighs responses to Britain’s adverse balance of payments.
Fed hikes discount rate as dollar defense in doubt
The Federal Reserve raises its discount rate from 4 to 4.25 percent to shield the dollar amid the British pound devaluation. Global repercussions ripple through markets as Britain faces criticism. In Vietnam the Dak To fight continues with U.S. air strikes around Hanoi and Haiphong. A Viet Cong camp inside Cambodia raises new doubts about Prince Sihanouk. The Army plans an armored boat to reduce infantry losses from mines and booby traps. Johnson touts U.S. victory in Vietnam while critics warn of global risk. Senate gears to finish major Social Security bill before Thanksgiving amid broad population growth to 200 million. In Newton Alabama residents return home to scarce essentials after chlorine fears near a derailment.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Britain
U.S
Dak To
Hanoi-Haiphong
Cambodia
Prince Sihanouk
Johnson
United States
Vietnam
Soviet Union
Washington
Senate
Congress
High Court to Rule on Davis Case
The Arkansas Supreme Court will hear oral arguments next Monday in the appeal testing Lynn A. Daviss eligibility to serve as State Police director. The case arose after Davis was appointed in July despite anAttorney General Purcell opinion stating he did not meet the 10 year residency requirement. A Pulaski County circuit judge ruled for Davis, with Purcell appealing to the high court.
MENTIONED IN THIS ARTICLE
Little Rock
State Supreme Court
Lynn A. Davis
High Court
Davis
Atty
Joe Purcell
Winthrop Rockefeller
Pulaski County
Warren E. Wood
Purcell
Supreme Court
All Around Town Items Include Tea and Honors
First Presbyterian women sponsor a tea at 2 p.m. Tuesday at Mrs. J W Branch home with A E Jackson reviewing Art of Loving by Froma. At University of Arkansas 47 seniors named to Who's Who, including Mack McLarty of Hope and Ollie Campbell of Nashville. George Thuis Harris among Baylor Honors Program juniors. Whitfield Masonic Lodge to meet Tuesday. Webb Laseter attends state collection agency board in Little Rock. Shrine class members eligible for Millwood Shrine Club. V Rutherford elected to Hope Chamber of Commerce board, first Negro in Arkansas to hold such post and only Negro in Hope Chamber. City fire destroys a house on Bonner St near city limits. water issues hindered efforts. two grass fires reported with no injuries.
MENTIONED IN THIS ARTICLE
First Presbyterian Church
Navy
J. W. Branch
A. E. Jackson
Erick Froma
University of Arkansas
Mack McLarty
Hope
Ollie Campbell
Nashville
George Thuis Harris
Willie Harris
Pine St
Baylor University
Will V. Rutherfurd
Verger High School
Hope Chamber of Commerce
Arkansas
Lmits
Bonner St
Tatum Reed
U S paratroopers strike at Dak To amid heavy fighting
In the central highlands near Dak To South Vietnam U S paratroopers from the 173rd Airborne Brigade faced heavy ground assaults and artillery fire from North Vietnamese regulars. A relief force finally reached the isolated battalion, with reports of 40 Americans killed and 42 wounded in the daylong battle as airstrikes and artillery sought to break the siege.
MENTIONED IN THIS ARTICLE
George Esper
Associated Press
Saigon
U.S
South Vietnam
U.S. 173Rd Airborne Brigade
John Lengel
Dak
Highlands
Hanoi-Haiphong
Pentagon
Hanoi
Dak To
Demilitarized Zone
U. S. 173Rd Airborne Brigade
U. S. 4Th Infantry Division
4Th Division
Showers for Some Areas of State
The Associated Press reports scattered light showers likely in northern Arkansas as gulf moisture meets a weak cold front. Clouds and southerly winds raised morning temperatures into the 40s, with Sundays highs between 68 and 74 and overnight lows from 33 to 53. No rainfall was reported in the last 24 hours ending at 7 a.m.
MENTIONED IN THIS ARTICLE
Associated Press
Arkansas
Tegarkang
Blytheville
Gilbert
Fayetteville
Also Mentioned on This Page
Alex J. Washburn
Agriculture Department
Stevens Pass
Wash
Bathy Moris
Carl Yarstreenshi
P Heth
Burtess
Dabingi
Shirley Peniple Hlack
Westan
Carl
Carl Saisthvemshi Wits See Hho the Ametrae Banguie
Prensier
Pisaki Sato
Balks
Arkansaw
Alabama
Punk NicClos
Kisaka Halo
Board
The
John Cunniff
New York
Harold Wilson
Pound
AP News Digest
Newton
Star Staff
Whitfield Masonic Lodge No
Masonic Hall
Webb Laseter
Credit Bureau
State Board of Collection Agencies
William Hampton Byrd
Ira Winfrey
Herdrix
Blevins
H.H. Urrey
DeQueen
Millwood Shrine Club