Bright Economic Picture Sees Optimism Amid Slower Steel
The business analyst notes steel orders and output fell as buyers hedged against a possible strike, yet auto sales and output remain ahead of last year. Optimists expect overall demand to rise with strong consumer confidence, government spending, and high construction activity, though teen unemployment worries persist.
Spend Savings To Help Economy
Kansas City report cites William H. Blake of St. Louis arguing that a 1.7 percent rise in consumer spending could boost 1963 business conditions more than a $5 billion tax cut. He notes personal savings at about 6.5 percent of disposable income and urges consumers to spend to spur expansion.
MENTIONED IN THIS ARTICLE
Kansas City
Kennedy
William H. Blake
St. Louis
Blake
Retail mergers will squeeze out small businesses, expert warns
Blake predicted that mergers of retailers, manufacturers and financial institutions into giant nationwide corporations will kill off thousands of smaller businesses through a cost price squeeze. The Herald pays $5 every week for the best news tip turned in by a reader.
MENTIONED IN THIS ARTICLE
Blake
the Herald
GOP Chiefs Differ On Rights Plan Senate split over private business desegregation
Washington AP Republicans clash over a leadership plan to remove private business desegregation from President Kennedy's civil rights program. Senator Barry Goldwater backs Dirksen's voluntary community approach while Senator Clifford Case argues Congress has power to ban discrimination.
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GOP
Washington
Senate
Kenne
Barry Goldwater
R-Ariz
Everett M. Dirksen
Illinois
Clifford P. Case
Rn.j
Congress
Sen Dirksen backs civil rights compromise plan
The Ottawa Herald reports Senator Dirksen urging the Senate Republican Policy Committee to approve his compromise feature within a civil rights package. He said he would support Kennedy’s civil rights package with this concession, as Kennedy lines up talks with Democratic leaders, governors, and White House officials to discuss the administration’s program.
MENTIONED IN THIS ARTICLE
Dirksen
Senate Republican Policy Committee
Kennedy
Congress
Senate Democratic
Mike Mansfield
Montana
Ruling on Bible Won’t Affect Kansas Schools
The U S Supreme Court ruling striking down mandatory Bible reading or Lord’s Prayer in public schools reportedly does not change Kansas policy. State official George Watkins says Kansas law remains permissive, with no requirement or classroom prayer and no new rules from the Board of Education. Methodist Bishop Eugene Salter welcomes the decision as upholding church-state separation and unconstitutional compulsion.
MENTIONED IN THIS ARTICLE
Topeka
U.S. Supreme Court
Kansas
George Watkins
Eugene Salter
State of
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International Consumer Credit Association
Eer’ Ener
SWP
Oflane Lumber Co
Bob McCrea
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Cela
B.T.U
Coronado
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THE
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