Johnson names five to new mortgage aid commission
President Johnson announced a 14 member commission to keep mortgage rates low for the poor. Harvard economist James S. Duesenberry will chair the panel created by this year’s housing law.
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Newspaper
Norwalk Reflector
Location
Norwalk, Ohio, United States of America
Date
Nov 22, 1968
Page
11
President Johnson announced a 14 member commission to keep mortgage rates low for the poor. Harvard economist James S. Duesenberry will chair the panel created by this year’s housing law.
Reports from Stanford and Houston portray fresh success as a second heart transplant patient at Stanford University Medical Center improves after surgery by Dr. Norman Shumway. Simultaneously Dr. Denton Cooley delivers a second heart to the nation's longest surviving transplant recipient at St. Luke's Hospital in Houston.
Sunny windy and warmer today with highs in the 50s and fair tonight. Saturday brings increasing cloudiness and mild temperatures with a 46 degree high and 28 degree low in Norwalk. Deaths include Clarence Lippert 83 of New Port Richey Florida and Miss Algie G White 86 of Willard.
In Bonn West Germany and other rich nations agreed to lend France $2 billion to prop up the franc amid a looming devaluation. Strauss ruled out upward revaluation of the mark, while Britain and the United States pressed for currency adjustments. The plan allocates $600 million from West Germany and $950 million from the BIS with remaining funds from other sources. France had already announced austerity measures to cut $400 million in spending. The franc was expected to be devalued by about 10 percent.
Mrs. Rose Kennedy spoke on NBC Today about her son John F. Kennedy five years after his assassination. She praised his devotion to public life and urged keeping youth busy to deter trouble while noting campaign expense reports filed by several officials.
Rioting students clashed with police in Calcutta during World Bank President Robert S. McNamara’s visit over India’s loan talks. Buses and streetcars were burned, an effigy set alight, and a two day student strike shut classes as police used tear gas to disperse demonstrators.
Norwalk residents recalled the day John F Kennedy was killed in Dallas marking a national shock. People from Maysville Kentucky to Wakeman Ohio described disbelief and sadness as schools paused and conversations centered on the tragedy. Apollo 7 astronaut Donn Eisele later said the U S would beat the Russians to the Moon.
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