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News in Frederick, Maryland

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Mar 14, 1966

Page

4

People’s capitalism stabilizes market says NYSE chief Funston

Keith Funston, president of the New York Stock Exchange, argues that “people’s capitalism” spreads risk among about 20 million shareholders. He notes most own modest sums, explains his plan to let average investors buy small quarterly shares, and stresses that cash purchases reduce risk. He says the market has risen for years, faces short term downs, but long term gains remain.

Keith Funston New York Stock Exchange Funston Exchange New York State

Rural Interests Clash Over Gude Farm Tax Plan

Montgomery County editors warn that rural landowners intensify opposition to open space zoning and Gilbert Gude's plan to close farmland tax loopholes. The proposal preserves current farm tax breaks while retroactively taxing higher market values on sale or rezoning. Urban homeowners would shoulder more taxes as developers soak up rural tracts. If unyielding, critics say the current farm tax law could be repealed, harming farmers in the long run.

Gilbert Gude Sen. Gude Montgomery County Sentinel

Indonesian Reds Driven Back But Poised for Quiet Infiltration

Analysis notes Indonesia’s pro-Peking Communist party weakened after the October coup and secrecy kept it from being eliminated. Sukarno reshuffled cabinet to split the army and Moslems, allowing Red sympathizers to survive and potentially infiltrate the National party. U.S. efforts to cultivate Indonesian leaders may have misjudged who could rise under pressure.

U.S Indonesia Communist Party Sukarno Mao Tsetung Red China Pe-king Indonesian Communist Party Nasution Peking Red National Party Reds United States

Comments on Citizens Band Tech and FCC Rules Stir Debate

John Hagelin of Thurmont Maryland urges accuracy in CB unit claims in response to editorials on citizen band operation. He distinguishes ham radio licensing from CB, cites FCC sections 19 and 15, notes power limits and frequency allocations, and cautions against misinfo while acknowledging community service by the CB club.

Sir T Barnhart C. RB Federal Communications Commission F.C.C Fc.c F.cc United States Bussard ARRL American Radio Relay League Barn Hart F.C C T.V FFC CB Club C.B John Hagelin

Senate debates over Mexican expedition and preparedness urged

In a Senate discussion chaired by Cham berlain and Borah, lawmakers urged delaying other business to focus on preparedness amid calls to pursue Villa and his bandits in Mexico. The debate included Vardaman and Simmons defending U S readiness for any scenario with Mexico. A Brunswick Red Men building suffered about 6000 dollars in losses from an early morning fire of unknown origin, worsened by extensive water damage flooding walls and ceilings.

Mexico Villa Senate Chamberlain Military Committee Borah Vardaman Simmons United States Brunswick Red Men

Delegates Meet in Frederick for Federated Cooperatives Annual Session

More than 100 delegates from Federated Cooperatives of Maryland Inc. gather at Grace Evangelical and Reform church for their annual meeting. E. C. Speaks presides as president and Daniel J. Thom as secretary. A government famine emergency prompts hotels and restaurants to cut bread and pastry portions to aid exports.

Federated Cooperatives of Maryland, Inc Grace Evangelical and Reformed Church E. C. Speaks Daniel J. Thomas Frederick

De Gaulle Moves Toward NATO Split Threatens Western Europe

The article argues General De Gaulle's push to curb American control and place bases under Paris risks weakening NATO's conventional defense. It warns that without strong ground forces, a Soviet limited war could threaten West Germany and likely trigger broader nuclear options, creating European instability and delaying reunification prospects. The piece notes France may leave NATO, heightening anxiety about Western Europe's security.

Washington de Gaulle North Atlantic Treaty Organisation Europe Western America United States General de Gaulle France NATO Russia West Germany Soviet Union East Germany Moscow Peiping Great Britain Western Alliance Fan Andi Timoncide Western Europe

Also Mentioned on This Page

Member Audit Bureau of Circuisitors People’s Funds At Gude Montgomery County Pepov Wadi PE Tata HEA Senator Fulbright COWRA Sarge D Waltman Hartford Times By Ray Cromley Anent John P. Sheffield Disraeli Jop Eisenbauer Church St. Thurmont, Md News-Post David Lawrence
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