Feds Use Tight Credit In Inflation War
Washington reports the government fights inflation with tight money while Congress weighs tax hikes and spending cuts. Officials warn action may delay until July 1. Fed raises discount rate to 5.5 percent to curb rising prices as inflation nears four percent. Per capita after tax income gains for the year are largely erased by inflation.
MENTIONED IN THIS ARTICLE
Congress
Uncle Sam
Johnson
Independent
Federal Reserve Board
Atlantic
Federal Reserve
Senate Gun Control Debate Faces Closed Session
Senate Judiciary Committee debates the Johnson anticrime bill amid disagreement over gun sale rules. Key figures Dodd and Hruska clash on whether interstate handgun sales would be banned and on imports of military surplus handguns, with a closed session called to resolve the wrangle after the April 4 vote and Dr. Martin Luther King Jr. assassination.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
Johnson
James O. Eastland
D. Miss
Committee For Today
Martin Luther King Jr
Thomas J. Dodd
D. Conn
Sen
R-Neb
Dodd
Hruska
City Council to hold bi monthly meetings in summer
Indianapolis officials announce Council will conduct regular bi monthly meetings across the city this summer. Council president Thomas C Hasbroek notes neighborhood meetings were urged by the Presidents Advisory Commission on Civil Disorders to involve residents in local governance.
MENTIONED IN THIS ARTICLE
Indianapoli
Ind
Indianapolis
Thomas C
Hasbroek
Advisory Commission On
Watson Confirmed Postmaster General in Johnson Era
W. Marvin Watson, 44, longtime Johnson aide and White House appointments secretary, won Senate confirmation as postmaster general. He succeeds Lawrence F. O'Brien, who resigned to aid Robert F. Kennedy’s bid for the Democratic presidential nomination.
MENTIONED IN THIS ARTICLE
Washington
W. Marvin Watson
White House
Johnson
Senate
Watson
Lawrence F. O’brien
Sen
Robert F. Kennedy
Salinas strawberry packing uses low oxygen bags
In Salinas California strawberries from the sale bowl district will go to market this year in bags over each carton. The bags will be pumped with air low in oxygen but high in carbon dioxide. The Council of California Growers says tests show this method slows oxidation and mold growth.
MENTIONED IN THIS ARTICLE
Salinas
Calif
Salae
Council of California Growers
Also Mentioned on This Page
Feds
Huntsville
Ala
Morgan County
Firestone
S. Main
the Gas Service CO
The
Gas Service Company
Malott’s
Plumper-Juicier
Franksin
Stokely Fruit
van Camp
Captain Hook
Morton Chicken
Capri Liquid Soap
Showboat
Ottawa