Caution Over Similarities To 1920s Boom Warned By Fed Chair
The Federal Reserve Board chairman William McChesney Martin warned of disquieting similarities between current conditions and the 1920s boom. He spoke at a Columbia University alumni event noting differences in economic background since 1929. Analysts say his remark could influence market sentiment amid calls for prudent policy and possible stronger government controls if over-stimulation continues.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
William McChesney Martin
Martin
Columbia University
Lincen O. Hooper
Tax plan boosts excise cuts and long term revenues
The text argues for a two stage excise tax reduction totaling about 3.5 billion with additional yearly cuts through 1969 to offset higher Social Security taxes. It notes the administration aims to sustain buying power and boost the economy, citing auto and long distance telephone taxes as major targets, while warning of broader revenue gaps due to the national debt.
MENTIONED IN THIS ARTICLE
Johnson
Congress
Texas
Legislative Branch
Artists Boycott White House Arts Festival Over Policy
Pulitzer winner Robert Lowell and a group of poets and artists reject a June 14 White House Arts Festival citing disagreement with administration foreign policy. In a telegram to President Johnson, others express concern that the event signals approval of current policy. Notable names include John Berryman Alan Dugan Stanley Kunitz Louis Simpson W D Snodgrass and Robert Penn Warren.
MENTIONED IN THIS ARTICLE
Robert Lowell
White House
Lowell
Johnson
John Berryman
Alan Dugan
Stanley Kunitz
Louis Simpson
W. D. Snodgrass
Robert Penn Warren
Johnson details U S action in Dominican Republic
President Johnson defended the U S intervention in the Dominican Republic, stating extensive consultations with Latin American nations and the OAS occurred before landing troops. He outlined a step by step process from cease fire attempts to a contingent plan and emphasized protecting American lives amid communist activity.
MENTIONED IN THIS ARTICLE
Washington
United States
Dominican Republic
Peace Committee
Organization of American States
Johnson
CIA
USIA
Army
Navy
Air Force
Ambassador Hotel
Santo Domingo
OAS
Liberation by Lunacy in Housing Tax Plans
Washington column mocks the Great Society rent subsidy proposal as absurd and unfair. It cites federal housing efforts since 1937, noting middle-class reach and the risk of cross-subsidizing tenants, with a $40 billion cost estimate and critique of inequities.
MENTIONED IN THIS ARTICLE
Washington
Henry Wallace
Progressive Party
Gideon's Army
Henry Ford
Housing and Home Finance Agency
Defense
McNamara
Agriculture
Freeman
Johnson
Ed Mendenhall
National Association of Real Estate Boards
Security gaps at State Department HQ raise alarm
A top State Department official testified security at the headquarters is virtually non existent. He cited open access after hours and many documents left exposed. Foreign embassies under tighter surveillance amid reports of bugging and counter audio efforts. 46 employees dismissed for security risks last year.
MENTIONED IN THIS ARTICLE
Washington
State Department
Department
House Appropriations
G. Marvin Gentile
Gentile
U. S
Warsaw
Poland
Moscow
John Rooney
New York Democrat
Belgrade
Yugoslavia
Rooney
Tattooing for birthmarks on the face explored
A New York doctor uses titanium dioxide pigment to camouflage port wine stains linked to abnormal facial capillaries. About 735 patients have undergone the treatment. 640 completed it, with 45 percent achieving good camouflage. Risks include partial failure, overlying skin scarring, and mismatched edges, plus lengthy sessions and possible color changes with tanning.
MENTIONED IN THIS ARTICLE
Herbert Conway
New York City
Conway
Supersonic tests unlikely to cause brain injury
There is no evidence that sonic booms injure the brain unless the boom is so sudden you fall and get a concussion. Intense jolts are not shown to cause brain cancer.
MENTIONED IN THIS ARTICLE
C. E
Causes and cures for pinworms discussed by A M
A M explains pinworms are caused by intestinal parasites and presents treatments such as Piperazine Povan pyrvinium pamoratel Gentian violet and oxytetracycline. Emphasizes personal hygiene as key to eradicating infection and reducing spread.
Is there a virus that attacks the bile ducts
The note discusses a viral infection affecting the tiny bile ducts in the liver that causes jaundice and notes there is no specific cure for hepatitis. Most victims recover with time and supportive care.
MENTIONED IN THIS ARTICLE
J. L
The Monroe Newsstar Independent Daily Publisher Notes
The Monroe Newsstar, founded June 1 1909, is an independent newspaper in Monroe Louisiana. It states affiliation with World Publishing Corp and Associated Press dispatches and lists offices in multiple U S cities. It claims impartial news and independent editorial stance.
MENTIONED IN THIS ARTICLE
Monroe la
News Star
World Publishing Corporation
North 4Th and
Olive Street
Monroe
Ewing, Je
William H. Bronson
Jack
Campbell Edmund G. Brown
Jack Gates
Dallas Roper
Associated Press
Branham Company National
New York
New Orleans
Chicago
Alanta
Detroit
St. Louis
Kansas City
Minneapolis
Dallas
San Francisco
Los Angles
Charlotte
Monroe Newstar
Also Mentioned on This Page
W. E B. Hutton & Company
Arts and Foreign Policy
Ers
Mr. Johnson
Franklin D. Roosevelt
Fellows
U.S
By David Lawrence
Bennett
New York Herald Tribune
Holmes Alexand
Mer
State Department Guard
Fulton Lewis
Delaware
John Williams
Pennsylvania
Ohio
Williams
Senate Agriculture Committee
DR. van Dellen
S.L.A
Sonic Booms
A. M
Wlonror
John D. Ewing
Wilson Ewing
Iman
Asst
Gen
Mgr
Monaging
Itaeratures
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