Tax increase faces Senate scrutiny amid balanced budget hope
The Johnson administration faces questions over a proposed tax increase as Senate Finance considers suspending incentives for 16 months and accelerated depreciation. Fowler avoids forecasts while budget accounts show a surplus in the first half and a near balance for the year. Nixon hints at budget cuts if Republicans gain power.
MENTIONED IN THIS ARTICLE
Johnson
Senate Finance Committee
Vietnam
Senate Committee
National Income Accounts
All
Fowler
Congress
Richard M. Nixon
Government loan rates hit statutory cap as FHA VA rise
The FHA and VA loan rates have increased to the 6 percent statutory limit for the first time. This third raise of the year tightens mortgage costs for buyers while not altering the 6 million outstanding FHA and VA loans. The move raises the typical FHA insured mortgage payment on a $16,000 loan to about $103 from $100, plus about $1,000 over the loan life. Relief hinges on broader market easing rather than loan-specific cuts.
For My Part By Ray Cromley
The Viet Cong seek influence in South Viet Nam's politics by backing a noted anti Communist presidential candidate while planning to install corrupt, inefficient, and neutralist officials through upcoming elections. A Vietnamese contact warns that the old guard is weak and the VC aim to mold leadership via loyalists and covert support.
MENTIONED IN THIS ARTICLE
Viet Cong
South Viet Nam
Legislative Assembly
Restau
Mao Bases New Red International To Replace Comintern
East European diplomats report Mao Tse tung is organizing a new Red International to supplant the defunct Comintern. Pro Chinese groups across Europe Asia Africa and Latin America gathered in Peking in early September as Maoist hardliners attack Russian diplomats and push for a split in world communism.
MENTIONED IN THIS ARTICLE
Mao Tse - Tung
Comintern
Comiform
Russia
Europe
Asia
Africa
Latin America
Peking
Red China
Mao
Red Guards
Jacques Grippa
Communist Party of
Belgium
Marc Tibert
T'Humanite Nouvelle
E. F. Hill
Pro - Peking Communist Party of Australia
Chou En - Lai
Central Committee
Communist Party
Kang Shen
Liu Ning - Yi
Japan
Mouyabi An-dre Georges
National Assembly of
Brazzaville Congo
Red International
Moscow
Progressive Labor Party
United States
Red Movements
Israel
Syria
Iraq
Iran
Lebanon
Australia
Brazil
New Zealand
Mao Tsetung
Lenin
Third Communist International
Second International
Social Democrats
Cominform
Nikita Khrushchev
Yugoslavia
Romania
Italy
France
Fifty Years Ago Items From The News-Post Files
Fifty years ago Frederick boards of trade consider forming a hold ing company to buy land and build for the Ebert Furniture Company of Philadelphia aiming to locate in the city. Industrial committee report accepted at a special Trade Board meeting. Milk producers win price increase for Baltimore delivery. Bottled milk rises to 9 cents a quart and 5 cents a pint effective November 1.
MENTIONED IN THIS ARTICLE
News-Post
Frederick Board of Trade
Ebert Furniture Company
Philadelphia
Trade Board
Industrial Committee
Maryland
Pennsylvania Dairymen’s Association
Baltimore City
Baltimore
Fall Meeting of Potomac Synod Held in Grace Church
The Fall meeting of the Western Maryland region of Potomac Synod of the Evangelical and Reformed Church convened in Grace Evangelical and Reformed Church in this city. Dr John L Barnhart of Baltimore led sessions from nine in the morning to five in the afternoon with 146 delegates attending. Clinton N Howard of Washington urged that prohibition would eventually return, citing 1945 alcohol advertising spending and liquor consumption.
MENTIONED IN THIS ARTICLE
Maryland
Potomac
The
Evangelical and Reformed Church
Grace Evangelical and Reformed Church
John L. Barnhart
Baltimore
Potomac Synod
Clinton N. Howard
Washington
International Reform Federation
United States
Federal control of schools via federal funds debate
Washington debate centers on federal powers over education funding. Harold Howe HM asserts possible use of grants to push racial balance and school integration, while stressing local choice and nonenforcement of busing. Critics warn of federal leverage influencing local districts through money, impacting upcoming elections.
MENTIONED IN THIS ARTICLE
U.S. Department of Health, Education, and Welfare
Washington
Harold Howe HM
Department
Representative Fine
New York
Office of Education
House Rules Committee
Howe
House
Commissioner of Education
Congress
House of Representatives
Senate
Also Mentioned on This Page
By Ray Cromley
Berry World
Danno
New Red International
By David Lawrence
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