McNamara Attacks Pentagon Spending and Congress
Former defense secretary Robert McNamara criticizes Congress for buying defense like perfume, arguing higher cost does not guarantee security. He urges independent study groups on antiballistic missile projects and highlights shifts in spending mood since his tenure.
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Boston
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Robert S. McNamara
Boston Globe
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Martin F. Nolan
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Rockefeller Defends Banks In Inflation Fight
New York banker David Rockefeller told the House Banking Committee that banks cooperate with the national effort to curb inflation. He noted Chase Manhattan followed restraint on new loans and reduced speculative lending, turning down 850 million in requests, and only raised rates after rivals did. He argued rising rates stem from inflation, not cause it.
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UPI
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David Rockefeller
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House Banking Committee
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Barge Capsizes Drowning 108 Soldiers in Mozambique
Tribesmen and troops searched the crocodile infested Zambezi River for 108 Portuguese soldiers who died when their barge capsized. The South African Press Agency said 48 of 156 aboard swam to safety or were rescued, with hopes fading for more survivors. Officials said the troops were headed to northern Mozambique to fight the Mozambique Liberation Front insurgents.
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Lourenco Marques
Mozambique
1PI
Zambesi
Mozambique Liberation Front
Tanzania
What Do You Trust Lecture by Gordon Campbell CSB
Public lecture titled What Do You Trust explores trust and belief in God as the divine Principle of all that exists. Gordon F. Campbell CSB, a member of The Christian Science Board of Lectureship, leads the discussion.
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God
Gordon F. Campbell
C.S.B
Christian Science Board of
Housewives and Wood Stoves in 1940 Rural Shift
In 1940 nearly one in four U S housewives used a wood burning stove. The majority of the remaining stoves were located in rural areas, reflecting a shift in cooking fuel usage.
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Washington
U. S
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