U.S. Posts Potential Budget Surplus in Foreign Dollar Balance
AP report notes preliminary figures showing a possible April–June surplus in U.S. balance of payments driven by reduced foreign loans and investments. While the balance may improve, the federal budget runs a deficit, with 1965 fiscal year revenue climbs offset by costs.
MENTIONED IN THIS ARTICLE
U.S
Washington
Johnson
Secretary of the Treasury
Henry H. Fowler
Minnesota Joins New Fiscal Year With Tax Increase
Minnesota begins its new fiscal year as the 1965 Legislature’s measures take effect. An retroactive income tax hike raises the annual tax for a $6000 earner by 22.20, while higher state employee pay and a fresh pension plan for lawmakers accompany other laws with staggered start dates. Public defender system, coroners option, cattle brands, and motor bike rental licensing start Thursday, with major codes and billboard controls delayed to mid 1966 and 1969 for certain rules.
MENTIONED IN THIS ARTICLE
ST. Paul
Minnesota
Golden Gate Drive Slow Illusion Scare
Sightseers along the Golden Gate Bridge are warned against slow driving as an optical illusion. Metal pales below the guardrail obscure views at speeds under 35 mph while proper speed provides an uninterrupted panorama.
MENTIONED IN THIS ARTICLE
San Francisco
Golden Gate Bridge
Reader's Digest on Diets and Low Carbon Plans
Joseph Alsop promotes counting carbohydrates over calories as the painless diet with no hunger and good feeling. A companion piece warns of risks in the low carbohydrate approach while Reader's Digest July issue is on sale condensed from McCall's and Good Housekeeping and cites public faith in the publication.
MENTIONED IN THIS ARTICLE
Joseph Alsop
Reader’s Digest
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