24 Sep 1962
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 24, 1962
Page
1
Governor Brown claims balanced budgets with no tax hikes while employers face steep unemployment tax increases. An example shows a 160 percent rise for a 700-employee firm, raising payroll costs and consumer prices. The piece cites rising budget costs, bond issues, and potential future taxes as key campaign issues in a critical view of Brown’s four years in office.
West Texas promoter Billie Sol Estes, once valued at 150 million, faces trial in Tyler on theft swindling and embesslement charges. His assets, sold for 5.5 million in federal bankruptcy, were bought by Morris Jaffe of San Antonio. Estes defense led by John D. Cofer may seek postponement. trial moved from Pecos after failed jury efforts.
Police sources in Munich said Dr Heinz Krog a West German supplier of rocket parts to the United Arab Republic had planned to sell his firm to an Italian group before his disappearance His wife says he was kidnapped sources insist he arrived in Cairo despite an official denial and was probably moved there under non violent coercion Krog headed Intra a Munich trading firm involved in military equipment and rocket parts sales to the VAR
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