Babson’s View on Selective Inflations Through History
Babson Park Massachusetts notes that inflations are often selective and that each generation repeats cycles. He traces tulipomania, the Mississippi Scheme, South Sea Bubble, railroad and land speculation, banknote proliferation, and wartime finance, then highlights the 1929 crash and warns against margin speculation.
MENTIONED IN THIS ARTICLE
Babson
Babson Park
Mass
Holland
France
South Sea
United States
U.S
Baltimore
Philadelpha
New York
New
New England
Europe
England
JP. Morgan & Co
Johnson Proposes Deficit Spending To Spur Growth
President Johnson seeks deficit financing to sustain growth amid potential slowdowns. He backs tax cuts and increased spending, aiming to boost jobs and incomes through Great Society programs, with past 1964 tax cuts cited as a model. The plan anticipates further income tax relief and excise tax reductions if a downturn looms.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Johnson
Congress
Treasury
Child refuses Vaseline care in MINEOLA incident
Two year old Kathy Dennehy, sick with a cold and cold sores, told her mother Mrs Brian Dennehy in Mineola on Monday night I am not a car as the mother offered to apply vaseline to the child.
MENTIONED IN THIS ARTICLE
Mineola
N.Y
Kathy
Brian Dennehy
Johnson proposes quick tax cuts and public works to curb recession
The plan calls for fast automatic income tax cuts and standby public works programs to start when jobs are needed. It also seeks extending the federal minimum wage to two million more workers and boosting unemployment benefits via higher payroll taxes. Mrs. Johnson travels to New York for inaugural wardrobe fittings at the Hotel Carlyle before returning to the White House.
MENTIONED IN THIS ARTICLE
Congress
Johnson
Washington
Lyndon B. Johnson
New York City
White House
Carlyle
U S Philippine treaty talks advance in Manila
Foreign Secretary Mauro Mendez and U S Ambassador William Blair met in Manila to review the military bases treaty amid recent incidents. The talks aim to set the stage for formal negotiations with a next meeting scheduled for next Tuesday.
White House Announces Inaugural Week Visiting Changes
The White House adjusts visiting days for inaugural week announcing admission on Monday January 18 and closure on inauguration day January 20. Officials say out of town guests require access Monday due to the large expected crowd.
MENTIONED IN THIS ARTICLE
Washington
White House
Also Mentioned on This Page
Business Review
SALE
Singer
Singer Portable Typewriter
Frederick
Singer Company
Sears
Save Now
Men’s and Boys
Goodyear West Shoes
Sears and
Save
DuPont
West Patrick ST
Frederck, Maryland
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