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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Oct 19, 1961
Page
5
National Thrift Week arrives as spending intentions rise and savers worry. Economists note rising installment debt and withdrawals outpacing deposits, while bankers tout convenience and high rates. C Elwood Knapp urges tax incentives to boost thrift as a path to growth.
Prime Minister John Diefenbaker said Canada had attempted to lodge a protest with the Soviet government after its announced plan to explode a 50 megaton nuclear bomb. The Soviet Embassy here rejected the protest, deeming the bomb launching a domestic matter.
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