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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Sep 29, 1960
Page
6
New terms circulate at IMF talks in Washington as analysts debate whether the postwar economy is in recession rolling adjustment or on a sidewise plateau. Concepts include built in stabilizers inflation deflation cost push and administered prices reflecting attempts to describe today’s business climate.
The International Finance Corp. asked its 59 member nations to authorize expanded scope to aid private enterprise in underdeveloped areas. President Robert L. Garner said IFC should be allowed to invest in private firm capital stock. Final action likely months away due to need for U.S. Senate and West German Parliament approval. The charter once banned stock ownership, a restriction pushed by former Treasury Secretary Humphrey.
Detroit AP reports Comets Ford's Lincoln Mercury division will raise production about 20 percent in October. General manager Ben D. Mills said three assembly plants including Kansas City will average 1,200 cars daily next month, vs about 1,000 in September. October output roughly 31,000 cars. Mills noted six day work weeks and exploring options tied to profits. details pending.
A $700,000 five year grant from HEW will fund a regional center at the University of Missouri to educate physically handicapped students from seven Midwest states Missouri Iowa Kansas Minnesota North Dakota South Dakota and Nebraska. President Dr Elmer Ellis notes elevator ramps and handrails will be added to major facilities as modifications. Dr John F McGowan named project director with first year funding of $122,937 plus $39,450 from the university. enrollment aimed by fall 1962 after campus renovations.
Beatniks mock conventions while remarks from HAL BOYLE reflect beat lifestyle satire. Snippets show Oswald the landlord, money, poetry, gear like bongos, and quips about fame and politics amid a humorous New York AP dispatch.
Sen. Barry Goldwater addressed about 1500 at a Tulsa dinner as he campaigned for the GOP in Oklahoma. He condemned Democrats for fearing free enterprise and pushing problems to Washington while criticizing President Eisenhower era policies.
A man intending to join a protest rally discovers he is queued simply to purchase World Series tickets. The mix up highlights crowding around the event as fans seek seats and access.
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