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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Mar 23, 1961
Page
2
The Shamrock captain Ernest Montiero and crew were jailed in Panama City on charges of illegal fishing in Panamanian waters. Authorities say the crew damaged engines to fake an emergency as a Panamanian guard patrol approached. Montiero refused to comment.
President Kennedy asked Congress for a sweeping revision of the foreign aid program to help the southern half of the globe on a long term basis. He proposed a new agency to make loans for five years mostly to underdeveloped nations, financed by borrowing from the Treasury. The plan includes a single administrative agency and a five year authorization with up to 1.6 billion annual borrowing, loans up to 50 years with low or no interest, repaid in dollars.
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