Foreign Stock Tax Aims to Stem Dollar Outflow
President Kennedy asked Congress to levy a 2 to 15 percent excise tax on purchases of foreign stocks and bonds to curb the outflow of gold and dollars. The plan targets securities from 22 industrialized nations and would take effect Friday, lasting through December 31, 1965. Kennedy also announced the U S would draw up to 500 million in foreign currencies from the IMF to buy foreign-held dollars, aiming to trim about 2 billion from the balance of payments deficit over 18 months.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Congress
U.S
United States
International Monetary Fund
TMF
U.S. Treasury
State Nears End of Case Before CAB
WAUSAU Wisconsin pursues closing testimony in the CAB airport case with statistician Robert Banks on the stand. Atty. Gen. John Bowers says the state's case may conclude late today as Ashland Wisconsin and Tronwood Michigan place a stipulation on most exhibits. Outagamie County will begin Friday. Banks faces questions from Bureau of Economic Regulations and North Central Airlines about travel distance to the airport, with Banks noting distance is not the only factor.
MENTIONED IN THIS ARTICLE
Wausau
Wisconsin
Outagamie County
Banks
Bureau of Economic Regulations
North Central Airline
Manitowoc Seeks CAB Reconsideration Of Air Service
Manitowoc County Wisconsin asked the Civil Aeronautics Board to deny a Sheboygan County petition for reconsideration over air service for the two counties. County official Donald J. Bero says Manitowoc has binding airport improvement commitments, while Sheboygan only issued a nonbinding declaration. The CAB had ruled Manitowoc should receive scheduled service, and Bero warns delays threaten the Manitowoc Two Rivers airport program and local service quality.
MENTIONED IN THIS ARTICLE
Washington
Manitowoc County
Wis
Civil Aeronautics Board
Sheboygan County
Donald J. Bero
CAB
Manitowoc
Sheboygan
Bero
Manitowoc-Two Rivers
Crash Kills Auto Driver in Oshkosh Area
Daniel E. Schulz 38 of Oshkosh was killed when his car collided with a stake truck on Highway G north of Oshkosh. Truck driver Rudolph Teschendorf 50 of West Allis and passenger Gerald Schultz 33 of Milwaukee were hospitalized with head and neck injuries. Schulz died of a skull fracture after being thrown from his car. Investigators say Schulz failed to yield the right of way traveling west on G6 as the truck southbound was struck on the left side. The crash caused a pole to break and estimated $1,500 damage. Schulz born Oshkosh June 26 1925 married to Marjorie Bouras, Navy veteran, longtime Soo Line employee. Surviving wife and others noted. Continued on Page 24 Col 4.
MENTIONED IN THIS ARTICLE
Rudolph Teschendorf
West Allis
Highway 45
Oshkosh
Daniel E. Schulz
Waugoo
Kosh
Hillside Transit Co., Inc
Milwaukee
Mercy Hospital
Gerald Schultz
Schulz
Winnebago County
Teschendorf
Wisconsin Public Service
Marjorie Bouras
Mr. Schulz
Navy
Athens caretaker premier proposes October elections date
In Athens Greece caretaker premier Panayotis Pipinelis suggested national elections for a new Parliament could be held on October 20 or October 27. Parliament will debate the plan next week and set a final date. A separate accident report notes a crash at 6 48 p.m. on County Trunk GG near 45 Waugoo Avenue Osh.
MENTIONED IN THIS ARTICLE
Athens
Greece
Panayotis Pipinelis
Waugoo Ave
Osh
County Trunk GG
Library notice alerts secretary over overdue Sex and the Single Girl
Roll Call says a Capitol Hill secretary received a Library of Congress notice demanding immediate return of the book Sex and the Single Girl, Urgently needed by a member of Congress, highlighting a high profile overdue. The weekly publication notes the unusual public yanking of a personal loan within congressional circles.
MENTIONED IN THIS ARTICLE
Washington
UPI
Roll Call
Capitol Hill
Library of Congress
Congress
Syrian Revolt Crushed Fast
BEIRUT Lebanon AP Syria's Baathist government announced it crushed an uprising led by civilians and discharged officers. Maj Gen Amin Hafez spokesman said the rebellion was finished and order was restored in Damascus with plotters to be tried in national security courts.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Syria
Amin Hafez
Damascus
Nasser
United Arab Republic
Hafez
Rights March Given Blessing
President Kennedy blessed the late August civil rights demonstration in Washington and urged peaceful protests while denouncing violence. He backed a continued moon effort, tax receipts beat forecasts, and warned Congress to end a potential rail strike if needed. He rejected claims civil rights protests are Communist inspired and urged addressing grievances. The Washington march is scheduled for August 28.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
National Capital
United States
Britain
Soviet Union
Moscow
Bernard Lovell
Congress
Alabama
George C. Wallace
Wisconsin Assembly Approves GOP Substitute Budget Plan
The Wisconsin Assembly voted 74 to 16 to revive a budget tax bill with a Republican substitute aimed at breaking the fiscal impasse. The plan, to be taken up as a special order tomorrow, would raise 153 million in new taxes for 1963-65 including a 3 percent sales tax with exemptions on food drugs gasoline and clothing under ten dollars. It trims the compromise budget by 18 million and relies mainly on sales taxes and changes to income taxes while extending withholding to delinquent taxes and imposing new taxes on banks and savings institutions.
MENTIONED IN THIS ARTICLE
Fran Press
Madison
Assembly
Legisature
Kennedy
Peaceful Assembly
Congress
Washington
Cambridge
GOP
Three Yanks Killed by Viet Cong Guerrillas
Three American men, two Special Forces captains and a sergeant, were killed in a Viet Cong ambush in Binh Long Province while distributing medical supplies to villagers. A Vietnamese driver and another Vietnamese were wounded. two U.S. captains were fatally wounded, a Vietnamese was critically wounded, and the attackers withdrew. Names of the American victims were withheld.
MENTIONED IN THIS ARTICLE
Saigon
Viet Nant
Binh Long Province
Sai“vom
U.S
Bill veto ends bid for state smut probe in Wisconsin
MADISON AP Gov John W Reynolds vetoed a bill to commission a legislative investigation into reports of smut literature in Wisconsin. He cited efficient existing law enforcement, the estimated 8000 expenditure, and no evidence statutes are inadequate. He noted most ads target businesses outside highway locations.
MENTIONED IN THIS ARTICLE
Madison
Wisconsin
John W. Reynolds
Reynolds
New London Boy Drowns In Walf River
Donald Lee Blank five son of Mr and Mrs Leonard Blank of 318 Wisconsin Street New London drowned in the Walf River Monday afternoon Chief of Police Algiers said the last sighting was 2 pm Monday near Taft Park city park employees A search ended Tuesday at 3 30 pm when the body was found in the Wolf River near downtown He was born March 4 1955 and attended Most Precious Blood Catholic School Funeral set for Saturday at 10 am at Most Precious Blood Church burial in St Patrick's Cemetery Town of Lebanon parish rosary Friday at 3 pm Friends may call at Cline and Hanson Funeral Home after 2 pm Friday then at the church until services.
MENTIONED IN THIS ARTICLE
New London
Donald Lee Blank
Leonard Blank
Wisconsin St
Walf River
Algiers
City Park
Taft Park
Wolf River
Donald Blank
Most Precious Blood Catholic School
Leonard Jr
Milton
Arthur
Thomas
John Prahl
Helen
Irene
Susan
Patricia
Pearl Gough
Kenee Blank
Most Precious Blood Catholic Church
Daniel Gilsdorf
St. Patrick's Cemetery
Town of Lebanon
Cline and Hanson Funeral Home
Mayor Denewith’s Deputy Man Sentenced for Check Fraud
William Hauser, 45, of Superior, Wisconsin, was sentenced Wednesday to three years in prison for attempting to cash a $25 check signed with the mayor Charles Denewith’s name. Denewith holds the mayoral office in Superior.
MENTIONED IN THIS ARTICLE
Superior
Wis
William Hauser
Charles Denewith
Denewith
Hartwig Cause of Death Probed After Lake Michigan Dive
Authorities in Racine investigate the death of 33 year old George B. Hartwig whose body was pulled from Lake Michigan after he apparently fell from a pier while fishing striking his head on the pier. Police report Hartwig fell into the water during fishing and was found Wednesday.
MENTIONED IN THIS ARTICLE
Racine
UPU
George B. Hartwig
Lake Michigan
Hartwig
Appleton Certificated In 40s Failed to Act
Northwestern staff writer James Metz reports Winnebago County counsel Robert Lester testified that Appleton was certificated for airline service in the 1940s but did not build an adequate airport. Cross examination of T K Jordan and Edward Stodola clarified past actions, with Stodola limiting inquiry. A suggested county airport study by Foth and Parath found expansion feasibility, and the continued debate is cited on page 16.
MENTIONED IN THIS ARTICLE
Warsau - Winnebago County
Robert Lester
Appleton
Lester
State Aeronautics Commission
T. K.jordan
Edward J. Stodela
Stodela
Outagamie County
Fermants
Jordan
Stodola
Mark Catlin
Catlin
Airport, Commutter
Leste
Oulagarmiite County
Foth & Parath
Green Bay
Milwaukee Boy Killed By Freight Train
Milwaukee police report 9 year old William Couhal killed when he fell under a freight car as he and his brother Joseph 13 and other boys were jumping off a slow moving train.
MENTIONED IN THIS ARTICLE
Milwaukee
William Couhal
Joseph
William
Also Mentioned on This Page
Mhiy
Soo Line Railroad
Lodge 357
The
Brotherhood of Railroad Switchmen
Mar
Red
By James. Metz
Northwestern
Today's Index
Winnebagaland
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