Kennedy Attacks LBJ Vietnam Policy in Speech
Senator Robert F. Kennedy launched a sweeping critique of the Johnson administration’s Vietnam policy in Chicago, calling progress illusory and victory unlikely. He asserted high enemy losses and questioned who was fighting, signaling a forceful, though non-nominating, stance on the war while avoiding a presidential bid.
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LBJ
Tom Wicker
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Marines Hold Off Attack on Multiple Fronts in Vietnam
Reported Marine and U S forces fend off an uphill assault at Khe Sanh and curb a guerrilla battalion near Da Nang. Viet Cong ambush near Hue leaves 20 Marines dead, 39 wounded while 34 enemy killed. Air raids target Phuc Yen and Vinh bases as Saigon reports five Americans killed and one missing. The State Department confirms the missing officer is Philip Wallace Manhard.
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Washington
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Vietnam
Robert J. McCloskey
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Philip Wallace Manhard
Massachusetts
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US Gold Stock at 31 Year Low
New York report shows the nation's monetary gold stock fell by 100 million dollars last week, reaching its lowest level in roughly 331 years. The decline underscores ongoing shifts in federal holdings and market risk assessments amid broader economic pressures.
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New York
Treasury
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New York Federal Reserve Bank
Federal Reserve bans overseas stock purchases by Edge Act affiliates
The Federal Reserve Board on Thursday imposed a temporary ban on stock purchases and other equity investments by overseas affiliates of American banks in Western Europe. The rule requires Fed approval for Edge Act corporations to invest abroad, aligning with President Johnson's balance of payments program. The move affects all Fed jurisdiction banks, including state-chartered members.
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State Beats Postal Hire Saves Funds
Governor Reagan announced that the administration saved 110000 by issuing auto license stickers early to beat rising postal rates. He spoke at the Governor's Industrial Safety Conference, noting the budget pressures and cost-cutting measures.
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Reagan
Week's Casualties Heaviest of War
Saigon reports show the seven day period ending last Saturday as the bloodiest of the Vietnam War for both sides. Tet offensive fatalities reached 15,515 Communist deaths, with allied losses 1,200 killed and 2,757 Americans wounded. U.S. troop strength neared 500,000. Records cite total enemy deaths over 25,000 and cumulative Allied casualties since January 1961 at 17,296 killed and 108,428 wounded.
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Dien Bien Phu
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Khe Sanh
Piggyback Income Tax Rejected by Supervisors
Los Angeles County supervisors Thursday rejected a proposed piggyback income tax plan for cities and counties. They said it would not be practical, though they want to channel more federal and state funds locally. Bohelli said it was not an extra levy but a way to share federal income tax revenue with local governments. Dom called it an in-between idea not forceful enough to achieve its purpose.
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Intergovernmental Council On Urban Growth
Frank G. Bohelli
William M. Dom
Judge bars Beart trio arrests over obscenity case
U.S. District Judge Jesse Curtis issued a restraining order shielding participants in The Beard from arrest. Producer Robert Barrows director Robert Gist and actors Richard Bright and Alexander Hay may be cited. They have been arrested 12 times each since the one act play opened and posted about 48,000 dollars bail while awaiting trial on obscenity and lewd conduct charges.
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U.S
Jesse Curtis
Robert Barrows
Robert Gist
Richard Bright
Alexander Hay
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