Kennedy Orders Aid Speed-Up Says Recession Real
President Kennedy said he ordered a faster pace of federal spending to stimulate the economy. He rejected claims the country is not in a recession and urged Congress to act quickly on his economic program. He cited extending unemployment benefits to 39 weeks and additional aid for dependent children and distressed areas.
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Swiss Hinted OK of Smith as Envoy by Kennedy
Washington report notes Swiss officials gave no formal objection to Earl E. T. Smith as U S ambassador to Bern though Bern rumors claimed embarrassment over Kennedy’s pick. Smith, ex ambassador to Cuba 1957 58, faced concern over ties to Batista. Swiss cabinet has not acted on welcoming him.
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Oil Allowable in Texas Rises by 204,952 Barrels
The Texas Railroad Commission raised the March daily oil allowable by 204,952 barrels, boosting production under a 10 day order. Chairman William J. Murray says March will see more oil produced than any month in 1948 under the pro ration system.
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Austin
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Texas Railroad Commission
William J. Murray
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