Immoral Dems Charge Of Hiked Rate On Bonds
Democrats accuse the Treasury of inflating debt costs by offering 4 percent interest on $24 billion in refinanced bonds due August and October. Reps and Senators claim the move worsens inflation and hurts local bond issues, while Treasury officials defend the rate as the best attainable.
MENTIONED IN THIS ARTICLE
Dems
Washington
Congress
Treasury
Edward Martin
Pennsylvania
Sen. Gore
D-Tenn
Sen
Kerr
D-Okla
Humphrey
Federal Reserve Board
Multer
Patman
D-Tex
Banking Committee
Capitol
Senate Finance Committee
Democrats
New Defense Request Cuts 142 Million in Latest Budget
The New York Times reports the Defense Department told Congress it can operate with 142 249 000 fewer funds than Senate appropriated for the current year. Secretary Wilson sent an appropriation request of 34 391 990 000, scaled down under a 100 000 troop cut. Conferees adjourned to Monday to revise thinking amid Senate efforts to restore House cuts.
MENTIONED IN THIS ARTICLE
New York
The
New York Times
Defense Department
Congress
Senate
Washington
Defense
Wilson
Times Wory Abo
House
Cadet Cain Completes AFROTC Summer Training
Cadet George E. Cain son of Mr and Mrs George Jones 1101 Baltimore St has completed training at the Air Force ROTC summer unit at Stewart Air Force Base Tennessee After four years of Air Science at the University of Louisville he will be commissioned a second lieutenant in the Air Force Reserve and enter active duty.
MENTIONED IN THIS ARTICLE
George E. Cain
George Jones
Baltimore St
Air Force
Stewart Air Force Base
Tenn
University of Louisville
Cain
Air Force Reserve
Lake Lures Flock Home
Stanton Kentucky Mrs Callie Bowen 69 created a lake on her farm stocked with bass and a shore cabin to lure her children home for visits. As vacation time arrives many of her brood return, and she plans to build another lake on the land.
MENTIONED IN THIS ARTICLE
Stanton, Ky
Callie Bowen
Student Band Concert At Sunset Park Tonight
The summer band for grades 8 through 12 will perform at 7 p.m. tonight at Sunset Park under director Harold Koerber. Student director Bill Brown, a 1957 Middletown High School graduate, helped lead the Middle band last year. Pam Moore will perform several accordion solos as the program features waltzes, march tunes and popular numbers. Phoenix is noted as a place where dates are grown commercially.
MENTIONED IN THIS ARTICLE
Sunset Park
Harold Koerber
Bill Brown
Middletown High School
Pam Moore
Also Mentioned on This Page
Aea
B. L. Livingstone
Martin
Treasury Department
Rep
D-Ny
House Banking Committee
Secretary of the Treasury
Rick
Mark
FORD
U.S
Ford Motor Company
Dearborn
Mich
Middletown
Lincoln-Mercury Co, Inc
Roselawn
Ohio
J. Pabst Sons CO
Hamilton, Middletown
Richmond
George DeWitt
Harry Rolnick
Dallas
Lima
Ajing
Douglas Weber
Lewis Drugs
Phoenix
Arizona
America
Williamson
Williamson-Ziegler Furnace CO
Rogers Jewelers
Rogers
Antwerp
Belgium
Central Ave