Johnson Warns Against Inflationary Wage and Price Hikes
President Johnson in his 1967 economic plan urged business and labor to restrain wage and price increases to avoid an inflationary spiral. He forecast a record GNP of 787 billion with about 30 billion real growth and a 2.5 percent price rise, while pledging fiscal restraint and easier monetary policy after midyear.
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Washington
UPI
Johnson
GNP
Federal Reserve Board
Powell to hold Bimini news conference with bold announcements
United States Congressman Adam Clayton Powell plans a Saturday news conference on Bimini to disclose several important and fantastic statements. C Sumner Stone said Powell would address his seating status before a select committee and a libel suit linked to the House action. He may also offer to settle the suit and pay the $164,000 owed to a Harlem widow.
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Washington
UPI
Adam Clayton Powell
Bimini
C. Sumner Stone
Harlem Democrat
Powell
Stone
Select
House
Harlem
Bill to tighten Ohio driving point law explained
Ohio lawmakers proposed a bill to trigger driver re examination at nine points instead of twelve. The measure would require the registrar to notify drivers with nine points and order a license test or physical exam or both. Rep. Robert E. Levitt and Rep. Robert L. Roderer sponsored the proposal.
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Columbus
UPI
Ohio
Robert E. Levitt
Canton
Robert L. Roderer
Dayton
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