26 Jul 1962
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jul 26, 1962
Page
1
Analysis of Social Security finances notes OASI obligations at 624 billion, reserves near 22 billion, and tax take around 252 billion. It highlights a looming deficit to fund promised benefits, potential tax hikes, and warns of future generations bearing higher costs to preserve retirees’ benefits.
The United States weighs changes to safeguard proposals and may resist on the spot inspections despite claims. Britain hints it could offer easier terms for a nuclear accord while demanding continued checks, with a revised plan to Geneva soon. Project Vela boosts detection of underground blasts, affecting the treaty debate and inspection demands.
Mayor Yorty condemns the 223rd Street site as a political move by Long Beach officials to create a rival world trade center. He cites prior Los Angeles Harbor Board offers and asserts central Los Angeles must host adequate customs facilities, with Terminal Island and LAX also supported.
Washington UPI reports President Kennedy will host a White House luncheon Friday for Lao Prime Minister Prince Douvania Phoims.
UCLA professor Dr. Bryant J Cratty tests boys using blindfolded maze trials to study learning by touch. Findings suggest a tranquil personality aids learning while prior tracing improves speed. Lt Col John Glenn receives a space honor in Chicago for the 13th capsule flight.
A day-old girl abandoned on an East Chicago doorstep on June 22 has been given the interim name Mary Telstar by Lake County welfare officials who will retain the name until adoption. The case prompts attention to child abandonment and foster care.
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