Nation of Homeowners seeks balance in rising debt
A.C. argues homeownership has surged to two thirds of occupied dwellings, aided by low down payments and long payoffs. Yet mortgage debt now tops 470 billion with disposable income near 40 percent, foreclosures rising from 73,074 in 1961 to 252,400 in 1933, and warnings of recession risk.
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Cleveland Trust Co. Bulletin
Europe
Savings and Loan
Quarantine Becomes Part of International Sea Law
Admiral Alfred C Ward, head of the US Seventh Fleet, stated at a seapower symposium that naval quarantine to counter the Cuban missile crisis has become a new rule in the international law of the sea. He noted the quarantine was respected by all states including the USSR and differentiates from a blockade as a selective threat response rather than an act of war.
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Alfred C. Ward
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Castro Flags Steps Toward Better US Cuban Ties
Cuba's leader outlines steps toward improved relations with the United States including halting piracy against Cuba and discussing indemnification for expropriated property. He cites Soviet technicians in Cuba and positions himself as a peacemaker between Russia and China while downplaying U.S. aggressor claims.
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Cuba Exiles Unify Plan All Out Push
Cuban exile junta outlines an all-out counterrevolution from bases near Cuba aided by sabotage guerrilla warfare and bombardment. Enrique Ruiz Williams leads the effort with links to the 1961 invasion as US CIA agents coordinate with exile leaders. Castro questions US Soviet talks and comments on emigration and language during a wide-ranging interview.
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Larry) Ruiz Williams
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Jazzed Up Hymns Urged by Vicar in England
The Rev Ronald Gordon of St Peters Birmingham in London urged churches to jazz up hymns and lyrics in English Church Music 1963. He used piano and drums at services to accompany songs while Dr Gerald Knight of the Royal School of Church Music defended serious music for youth.
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City Held Liable for Riot Injuries in Kansas City
In Wyandotte County District Court a 38 year old manager of a boys' baseball team won 30000 dollars against the city of Kansas City Kansas. The jury found the city liable under Mob Law for injuries to officials, players, and spectators after Ne rots attacked at a city park game two years ago. City officials plan to seek a new trial as two similar suits are pending.
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la Boys
Kansas
Charles N. Rolling
Wyansdotte County
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