Hearing Draws Estimate of 5% Million Jobless Soon
Washington AP reports three nongovernment economists agree the nation is in a recession though the depth is unclear. Two government witnesses at a congressional hearing caution against using the word recession while noting unemployment could rise to about 5.2 million in January if current trends continue.
MENTIONED IN THIS ARTICLE
Lubbock
JOR
Mall Washington
Paul H. Dougls
D-Il
Senate House Economic Committee
Asst
Seymour L. Woltbein
Douglas
Wolfbein
Louis J. Paradise
Office of Business Economics
Commerce Department
Economists Debate Recession Onset and Tax Proposals
Economists discuss a continuing recession with Charles J. Schultze and Geoffrey H. Moore weighing in on whether a temporary tax cut or a budget surplus approach is best as unemployment and spending trends raise concern. Pechman cites mixed indicators and potential mild contraction. Meanwhile a service fraternity repaints a YMCA building in Fort Worth as part of community projects. A rogue elephant incident in India kills two women and injures nine.
MENTIONED IN THIS ARTICLE
Schultze
Pechman
Charles J. Schultze
U.S
Indiana
Schultzer
Jon
Geoffrey H. Moore
National Bureau of Economic Research
Fulbright Named State Secretary in Kennedy Cabinet
The Chicago Sun-Times reports Sen. J William Fulbright D Ark will be secretary of state in Kennedy’s incoming administration. Other cabinet picks listed include Douglas Dillon Treasury Thomas Gates Defense Robert Kennedy Attorney General William L Dawson Postmaster General George Me Gover Agriculture Arthur Goldberg Labor and John Bailey D NC chair DNC.
MENTIONED IN THIS ARTICLE
Chicago
The
Rober F. Kennedy
William L. Dawson
Gorge MelGovern
South Dakota
Karl Mundt
Arthur J. Goldberg
Afl-Cio
Sun-Times
Kennedy
John Bailey
Connecticut
Democratic National Committee
No New Virus Cases Reported At Tech
Approximately 60 Texas Tech students were reported ill on Tuesday and Wednesday with a virulent intestinal affection. The infirmary said no new cases on Wednesday while 25 to 30 were noted in Wells and Carpenter dormitories the night before. Dean of Men Lewis N. Jonoid provided the figures.
MENTIONED IN THIS ARTICLE
Texas ‘Tech
Lewis N. Jonoid
Wells
Carpenter
College Infirmary
Wedne
Fred Kallina
Court Reverses Murder Ruling In Denton County Case
The Texas Court of Criminal Appeals overturns the conviction of Nannie Maude Myles for the 1959 shooting of Price Albert Williams. The court orders retrial after finding the trial judge communicated with the jury while the defendant was absent and notes suggested suspending sentence for a five year minimum.
MENTIONED IN THIS ARTICLE
High Court
King
Also Mentioned on This Page
Service Fraternity
Joseph A. Pechman
Brookings “Institution
Ted
Alpha Phi Omega
YMCA
Superivision
Jim Pierson
Jerald Beill
Rudy Dominguez
Sundown
Geo Gearheart
John Ward
Fort Worth
Bill Riley
Dallas
Don Tillery
Leroy Tillery
Bill Benner
Nedunjam
India
Pearl Harbor
Arizona
Caprock
Canton
S. S. Kresge Company
Fulbright
Tech
Armadillo
American State Bank
F.D.I.C
Lokey Cleaners
Avenue 9
Merally Hatetaic IT Corporation
Spe
Santa
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