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.
MENTIONED IN THIS ARTICLE
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 If unyielding, critics say the current farm tax law could be repealed, harming farmers in the long run.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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