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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Nov 21, 1967
Page
2
A hazy report recounts a fire in which a child and others were hurt as the Hebron command, Captain Pad Dickerman, describes responders aiding survivors. The chaotic text notes a burning wreckage and across the field as crews worked under danger.
Chase Manhattan and First National City Bank, leading New York lenders, hiked their prime rate to 6 percent from 5.4 percent with immediate effect. Other major New York banks including Morgan Guaranty Trust and Manufacturers Hanover Trust joined the increase, signaling a potential nationwide rise as banks nationwide lift rates in response.
Israel air strikes against Jordanian positions on the east bank of the Jordan River mark the first such action since the June war. Jordan claimed two Israeli planes were shot down, while Israel admitted one Mystere was lost with a pilot casualty. Amman reported no Jordanian deaths, but claimed damage to Israeli vehicles and equipment. King Hussein, in London, remained in contact with his brother as fighting ceased.
The piece notes police sometimes fill in for doctors during out of schedule births. It profiles Air Force Technical Sgt. James A. Ledbetter of Tyler Texas in Vietnam who helped deliver Vuynh Thi Cuc. It includes a 24 hour weather report from Rope Star Weather Experiment Station with forecasts for Arkansas and Louisiana, predicting cloudy to partly cloudy skies, showers, and cooling temperatures through Wednesday, with highs in the 40s to 50s and lows in the 40s to 60s.
A debate over a proposed surtax intensified as critics argued the 4 percent pound devaluation and dollar defenses undermine its effectiveness. White House backers claim the British action and Federal Reserve rate rise make the tax imperative, with officials preparing new administration arguments for a Jan initial hearing.
From Page 1 reports government insistence that fiscal policy must put the domestic economy in order. If inflation is allowed to run, U S tools could be priced out of world markets. Correcting such problems is easy in theory but hindered by large foreign aid commitments and a constrained outlook.
The text warns that inflation and the dollar remain costly in November 1967. It notes that without taxes and reduced government spending the dollar and pound could lose value and global confidence. If confidence evaporates, currency relationships would be in dispute and chaos could follow.
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