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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 24, 1963
Page
8
Mexico City shows signs of revival as investment interest returns and growth nudges upward. The Lopez Mateos government pushes stimulus to restore confidence after 1961 62 downturns and Cuba fallout, with private capital slowly recovering and the peso remaining firm.
The Federal Reserve Board disclosed that at least two, possibly three, of its seven members opposed the recent discount rate hike. James L. Robertson voted against the 0.5 point increase, Abbott L. Mills Jr. supported it reluctantly, and George W. Mitchell was away but has warned of excessive restriction. The vote reflected the broadest board split in years as Treasury favored the move while the White House council opposed it. Chairman William McChesney Martin defended the policy against critics, arguing limited impact on unemployment and noting possible offset by currency market pricing.
The state petitions the Kansas Supreme Court for a new execution date for killers George Ronald York and James Douglas Latham. The pair have confessed to seven murders in a cross country crime spree, with a conviction tied to the slaying of Otto Ziegler, a Union Pacific Railroad inspector.
Kan sas State Insurance Commissioner Frank Sullivan said an increase in workmen's compensation rates may be authorized shortly after August 1 if evidence justifies the action. Officials of the National Coun
Kansas City police report John Samuel Rima 34 arrested after holdup of the Star Credit Union. He faced arraignment on first degree robbery and motor vehicle theft charges after being found in a parked car. The suspect has a prior record with 46 arrests.
A crew of four held up the credit union on a mezzanine near the Star building after an armored car delivery. Rima was identified by a witness as the getaway driver and jailed on 15000 bond awaiting a Friday preliminary hearing. Rima wore bermuda shorts at arraignment amid questions over his arrest record.
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