Rueff's plan would push gold price up to seventy dollars
The Ottawa Herald reports Jacques Rueff, France's gold policy influence, urging doubling gold to $70 to force a balance of payments correction. He warns increased gold value would empower France and Russia while restraining U S economic policy, risking world trade and a potential embargo on gold.
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Fr Groppi's Open Housing Fight Ends With Limited Gains
Milwaukee protesters ended 200 nights of marches without securing a strong open housing ordinance. The NAACP Youth Council canceled demonstrations amid a weak state law exemption for two thirds of inner-city housing. Groppi, away, warned of possible violence if goals fail. courts pursue cases against demonstrators while mayoral primary support favored broader county coverage.
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Break In Copper Strike Clouds Is Seen
Washington AP reports two of four major U.S. copper producers reached tentative accords with all but one of 26 striking unions, the Steelworkers, in a dispute that has tied up about 50,000 workers in 22 plants. Kennecott and Phelps Dodge bids include wage increases and fringe benefits, with ratification needed before work resumes.
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London Newspapers Raise Prices on Newsprint Costs
Five London daily papers with national reach will raise prices by one penny to five pence per copy starting Monday. The move stems from a $16.80 per ton jump in newsprint costs tied to the pound devaluation last November.
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Centenarian Joins Medicare Program in Kansas City
Henry Werby, a 100 year old immigrant from Russia who retired in 1936 and lives with his 69 year old son Kolef, joins the Medicare program. He has excellent health with only a four year old minor surgery and will turn 101 on March 28.
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