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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 21, 1962
Page
7
President Kennedy pushes deficit financing as a tool for growth while opponents warn deficits burden future generations. The piece notes 11 deficits since World War II, a record $300 billion debt, and the likely 1963 fiscal year deficit as July 1 approaches, contrasting national borrowing with household budgets.
The column lists gatherings and visits in the Stull community. Families like Inloes, OConner, Wulfkuhle, Hildenbrand, Bowlin, and others share meals, birthdays, and weekend visits across Topeka Burlington Moran and Denver. Bible school and 4 H events plus polio clinic support are noted.
Charlene Fuqua 32 of Mesquite Texas faced arraignment on a larceny charge and bond of 25000 was denied on appeal. She and husband George Fuqua were linked to looting pay phones in Hutchinson area. Fuqua remained under guard at a local hospital after a patrol car crash injured him earlier.
Mrs Fuqua was arrested after fleeing a South Hutchinson motel. The couple has three daughters aged 3 6 and 9 left with a Dallas babysitter. They were on bond for shoplifting in Dallas and Fuqua faced a 5000 dollar bond for a Beeville poker game robbery of 9000 dollars.
A two week jewelry and silversmithing workshop will run August 6 through 17 at Kansas University. Enrollment for credit is optional. Instructor is Robert Montgomery a KU teacher for seven years with degrees from KU Wichita University and the Kansas City Art Institute.
In a Yale address President Kennedy argues that Treasury surpluses did not curb inflation after World War II while deficits in peacetime boosted growth. He cites 1947 1948 surpluses and 1959 deficits, contending idle capacity and competition kept prices down. Opponents call it a spending excuse.
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