Senate blocks social security overhaul over Connally plan
Washington July 28 A Senate proposal to add 80 million dollars yearly to aid the aged stalls broad changes in the social security law. A House Senate conference panel cannot agree on a 2 to 1 state government matching plan up to ten dollars per month. The Connally plan faces opposition from House members who fear Townsend pension momentum. Senate backing remains but may shift.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Senator Connally
D-Tex
Connally
Townsend
Market Basket Prize Announcement and Tax Talk Highlights
Mrs. Stella Dick of 718 Kentucky Street won this week’s Market Basket prize for a tuna fish salad recipe. The note also mentions proposed tax changes under social security and reports the stabilisation fund earned a profit of 3.89 million dollars in the nine months to March 31.
MENTIONED IN THIS ARTICLE
Mrs. Dick
Stella Dick
Kentucky Street
Washington
Treasury
Anthony Drexel Duke Reaches Majority With Inherited Wealth
Anthony Drexel Duke turned 21 and becomes heir to tobacco fortune. He planned a deferred party at his mother’s Southampton home and will wed Alice Noel Rutgers in September. His late father Angier Buchanan Duke left about 2 million in trust, now likely 5 to 6 million, with a board setting an $80 daily allowance.
MENTIONED IN THIS ARTICLE
New York
Anthony Drexel Duke
Southampton
Farm Aid Expenditures Reach Record $695 Million
The Agricultural Adjustment Administration reported a record $695,104,483 spent on farm aid and crop control programs for the year ended June 30. Expenditures are expected to exceed this amount in the current fiscal year as Congress appropriated $683,000,000 to be distributed among programs.
MENTIONED IN THIS ARTICLE
Washington
Agricultural Adjustment Administration
Congress
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