Johnsons travel curb proposal casts gloom on airlines
President Johnson proposed restricting travel outside the Western Hemisphere to ease the balance of payments. The plan dampened airline and travel agency activity while some see a pivot to Caribbean and Latin American tourism. Industry leaders warn of broader effects on transcontinental rates and overseas travel demand.
MENTIONED IN THIS ARTICLE
Johnson
Sally Ryan
New York
Caribbean
Latin America
Congress
Western Hemisphere
Hemisphere
Barry Brilliant
Lurupaan-American Travel Service Inc
Europe
Brilliant
United States
President's Plan Criticized For Limited Long Run Benefit
AP Business Analyst Joan Cunniyf argues President Johnson's 1.8 spending restrictions are emergency measures with uncertain long term gains. She cites inflation, wartime costs, and domestic policy as main drivers of the balance of payments deficit.
MENTIONED IN THIS ARTICLE
Joan Cunniyfap
New York
Nough
Johnson
Independent Am long run boosts dollars to America
A new American factory in Gere may be costly at first yet could return many dollars to the United States when production begins. The ginger colour domestic changes partly from overseas expansion by industrial giants. The longer controls are maintained.
MENTIONED IN THIS ARTICLE
America
Geremany
U.S
Trade curbs may cost American jobs and slow growth
The passage notes that tighter curtailments threaten American employment and growth while suggesting a potential benefit if European nations recognize that international trade and cooperation benefit all. It frames the issue as a trade policy debate with broader economic implications.
Also Mentioned on This Page
California
New Orleans
John Abbott
South America
Puerto Rico
Conlract
British Overseas Airways Corp
Laok
Dohnsoi
Iis
Lycra
Bandeau
Capris
Nel
Orlan
Hart Schaffner
Marx
Hart Schaffner and
Marx Stack Sale
Slaeves
Purple
Ian
Victoria
Ndependent
S-m-l
DuPont
Canon Terry Kitchen
Koolfoam
Cannon
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