Tepeaur gold stock near 1936 low at 11.4 billion
Report notes the regular Tepeaur gold stock sits around 11.4 billion dollars, a level not seen since 1936. The article questions how much gold remains and implies concerns over supply.
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 15, 1968
Page
6
Report notes the regular Tepeaur gold stock sits around 11.4 billion dollars, a level not seen since 1936. The article questions how much gold remains and implies concerns over supply.
A Q and A explains how raising gold to higher than 35 dollars an ounce would devalue the dollar at home while keeping purchases for housing cars and domestic goods similar. It notes hoarders and speculators would profit immediately, potential world trade disruption, and that Congress would need to act to boost the price.
A Kansas City family was told their Marine son Pfc. James A Carter was killed in Vietnam. A radio phone call later contradicted the report. the Marines issued a telegram confirming the misidentification and expressing regret. The transport plane crash near Khe Sanh killed 45 servicemen.
DETROIT AP U S auto production this week is expected to top any 1968 week to date with an estimated 190 719 units. Compared to 181 660 last week and 161 949 in the year ago week. Saturday overtime at 10 plants. Truck output is about 39 097 for the week. Year to date totals reach 1 935 111 cars and 399 339 trucks.
Prof. William Mangin of Syracuse University will discuss Latin American squatters and their impact on politics at 4 30 p m March 21 in the Kansas Union Cottonwood Meadowlark Room.
The National Education Association urged Governor Dewey Bartlett and Oklahoma lawmakers to depoliticize and overhaul the state school financing program. The NEA also criticized the Oklahoma Education Association and public apathy amid the school crisis, calling teachers' situation singular.
The report blasts public officials for using schools for political advantage and calls the OEA to lead a high level coalition of groups wanting better education in Oklahoma. It urges the OEA to seek evaluation by a committee from the National Council of State Education Associations.
TOPEKA AP Gov. Robert Docking vetoed a measure that would add 11.5 million for state schools. He accused Republican leaders of using the bill to embarrass him, a charge they call absolutely false. House Speaker John J. Conard and Senate President Pro Tem Glee Smith defended the plan as aiding schools and reducing property taxes. Conard said the extra funds would continue in future years and could draw from existing balances.
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