Johnson Moves to Reduce U S. Payment Deficit in 1968
Johnson announces a sweeping plan to shrink the U S balance of payments deficit by 3 billion dollars in 1968. He sends emissaries to Europe and Asia to explain the program while urging Americans to limit travel and spending abroad. The package includes a two year travel moratorium, a 15 billion cut in loans abroad, 500 million in overseas government spending cuts, and potential homeward earnings rules for U S corporations.
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Senate
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Johnson Renews Plan For Income Tax Hike
Johnson launches 1968 effort to pass a 10 percent income tax surcharge to curb inflation and bolster U S competitiveness. Wirtz hints at wage and price controls if Congress balks, but Johnson denies imminent action. Mills signals a new hearing as election year pressure and party risk shape the tax fight.
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W. Willard Wirtz
Wirtz
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Ways and Means Committee
Detectors May Stay In Sweden
A Swedish government advisory committee urged that four U S sailors who deserted their ship over Vietnam policy be allowed to stay in Sweden provided they avoid politics. Names include Richard Bailey John Barilla Michael Lindner and Craig Anderson. Lindner’s mother in Mount Pocono said they plan to visit once finances allow.
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UPI
Sweden
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Swedish Aliens Commission
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Jacksonville
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Catonsville
Michael Lindner
Mount Pocono
Craig Anderson
San Jose
Calif
Lindner
Cleo Lindner
Tobyhanna Army Depot
Helicopter Support Wanted in New Year Battle
U.S. Marine advisor says helicopter gunships could have saved Vietnamese Marines many dead and wounded if air power had been allowed. Battle near Saigon on New Year’s Eve raged all day with 18 Marines killed and 47 wounded as truce limited fire.
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MYTHO
South Vietnam
UPS
U.S
Bill McKinstry
Seattle
Wash
Dick Coffell
Tampa
Fla
Ton
Soan
McKinstry
Saigon
LBJ Signs Three Bills Into Law
President Johnson signed social security increases with welfare work requirements, plus $9.1 billion in school aid and $2.3 billion in foreign aid. The measures, tied to adjournment timing, raise benefits and payroll taxes, and cut Medicaid for the medically needy to save costs starting 1972.
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Johnson seeks world support for dollar deficit plan
Washington diplomats brief London Rome and Paris as President Johnson pushes a 3 billion 1968 deficit cut. Rostow Katzenbach and Hartke weigh in while markets react. Officials warn on gold flows and possible effects on tourism and banking across Europe and Asia.
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Johnson
Nicholas de B. Katzenbach
London
Roy Jenkins
Bonn
Eugene Rostow
Tokyo
Risaku Sato
Takeo Miki
Mikio Mizuta
Vance Hartke
D-Ind
U.S
Hartke
Amilio Colombo
Italy
Information
Dick Gregory Protests Democrats Over Chicago Convention
Dick Gregory urges Democratic officials to reconsider Chicago as the convention site and threatens demonstrations. He writes President Johnson that Chicago’s civil rights record is among the worst in the country and says he will lead non-violent protests unless five demands are met by convention time.
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UPI
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Agencies Compete In Water War
The Republican Coordinating Committee charged Tuesday that five federal agencies compete over water resources projects causing confusion and waste. It urged transferring all federal water and sewer grant programs to the Federal Water Pollution Control Administration, noting current grants are split among HUD EDA FHA and the Appalachian Regional Commission.
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Federal Water Pollution Control Administration
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EDA
Farmers Home Administration
FHA
Appalachian Regional Commission
Delay OKd In Insulin Slaying Trial
Los Angeles judge grants another postponement in the William Dale Archerd insulin slaying case. Archerd, believed to have had a heart attack Dec 21, was hospitalized at County General. Dr. Margaret McCarron testified she believes he suffered a heart attack then.
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Los Angeles
UPI
William Dale Archerd
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Weather records across the nation report extreme lows and highs
The U S Weather Bureau records a 33 below zero low in International Falls Minnesota and highs of 84 at Pompano Beach and Daytona Beach Florida. A 24 hour temperature and precipitation table from San Francisco accompanies the report.
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New York
U. S. Weather Bureau
San Francisco
Contemporary Sofa with Reversible Cushions
Black suede sofa with white and black back cushion and reversible back and seat. Narrow arms and mid century style. Retail 304.95 sale 199.95.
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Brown & Blue
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