Inflation Fears Drive Business Sentiment in 1960s Probe
A National Industrial Conference Board survey shows about 75 percent of 146 manufacturers expect inflation to worsen unless corrective action is taken. They favor curbing Great Society programs, tighter monetary policy, tax increases, and stronger gov ernment pressure on wages and prices. Fed rate hikes raise loan costs, Congress wary of tax rises while Vietnam costs loom, leaving inflation fears to shape policy and politics.
MENTIONED IN THIS ARTICLE
National Industrial Conference Board
Federal Reserve Board
Senate
House
Congress
Viet Nam
Canada debates fiscal balance between federal and provincial powers
A major Ottawa conference aims to map a five year course in federal provincial fiscal relations. Canada plans to cut the federal share of personal income taxes and hand more to provinces for welfare schools highways and similar duties. Quebec seeks 100 percent of personal income tax for its province while Ontario and others press for larger shares. The debate mirrors U S decentralization debates and underscores the difficulty of fixing constitutional responsibilities.
MENTIONED IN THIS ARTICLE
Eisenhower
Canada
Ottawa
Quebec
Mitchell Sharp
Ontario
Two Timely Challenges to the Editor Sir
The editorial page presents two challenges about Federal spending and the farmer cheated. A reader argues an aroused electorate is the best hope to escape a coming dictatorship and that voting ingeniously and economically can save the country. The letter criticizes big government and big labor for keeping consumer costs low, charges the farmer pays a high price, and claims farm agencies favor consumers over producers. The writer asserts USDA voices remain current, cites Roosevelt, and contends Frederick County farmers face a 85 percent poor fiscal state amid governmental programs that supposedly aid producers but benefit consumers, narrowing farmers’ economic role.
MENTIONED IN THIS ARTICLE
the Post
Frederick County
Maryland
U.S. Department of Agriculture
United States
Franklin D. Roosevelt
Department of Agriculture
What a modern wife does after fixing breakfast
Hal Boyle recalls a bus stop chat with a diaper deliveryman about wives, hypocrisy, and a wife at home. The tale contrasts a husband’s morning routine with a wife cooking liver for the cat and a climate of playful suspicion about who does what after dawn.
MENTIONED IN THIS ARTICLE
New York
Frances
Rover
Fifty Years Ago Marriage Licenses Cheaper By Ten Cents
The abolition of the war tax stamp lowered marriage license prices from $1.10 to the usual $1. The stamp removal also ended stamping on deeds and bank notes. A banquet for Frederick Aerie of the Fraternal Order of the Eagles occurred at Independence Hall with speakers from the city and Baltimore and Dorsey’s Strings Orchestra providing music.
MENTIONED IN THIS ARTICLE
Frederick Aerie
Order of the Eagles
Baltimore
Independence Hall
Dorsey
Twenty Years Ago September 2 1946 Weather Brings Rain Breaks Longest Day
The county wide rain ended the year's longest dry spell with about 1.25 inches by eight this morning and more showers expected. The September total reached roughly 1.5 inches. Miss Margaret E. Bitzer of 8 East Church Street recalls a Freder ick teenager buying and selling the horse Melody for nearly $1,000 after a local show.
MENTIONED IN THIS ARTICLE
Weather Bureau
Margaret E. Bitzer
East Church Street
Frederick
Groveton
Washington Today critics warn on tax credit suspension
Washington column discusses the administrations proposal to suspend the investment tax credit and accelerated depreciation, arguing it could disrupt long term capital plans, threaten jobs, and risk a hotter economy. Steel industry testimony warns such retroactive changes may backfire and raise borrowing costs.
MENTIONED IN THIS ARTICLE
Washington
Congress
America
House
Ways and Means
Thomas F. Patton
Republic Steel Corporation
United States
Free World
Also Mentioned on This Page
Federal
Hal Boyle
Washington Today
By David Lawrence
Nimwen
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