Area BillAgreement on full employment program
Senate House conferees reached a compromise on Kennedy’s 394 million jobs bill aimed at areas with chronic unemployment. The agreement centers on financing for 300 million in loans to spur fee making and job creation, with Senate leaders signaling likely quick passage and a renewed House challenge anticipated next week.
MENTIONED IN THIS ARTICLE
Washington
Senate House
Kennedy
House
Brent
D-Ky
Senate
Spence
Three American Newsmen Held in Cuba
Washington says Swiss government seeks details from Cuba on arrests of Henry Raymont and Martin Houseman of UPI while AP correspondent Robert Berrelez also faces detention. State Department notes 22 Americans in custody, with two executions for alleged counterrevolutionary activity, amid reports of mass arrests in the past three days.
MENTIONED IN THIS ARTICLE
Washington
Howard F. Anderson
Angus McNair
1 Reap
State Department
Cuba
Ex GE Aid Reveals Scope of Price Fixing
A former General Electric insulation department manager testified before a Senate antitrust sub committee that price fixing extended to small items like $3.40 insulators and reached the top, including former GE president Robert Paxton. Hartig said he was ordered to attend illegal meetings to stabilize the market starting in 1955, describing it as a way of life. He later left GE after admitting meetings with rivals to GE general counsel Ray H. Lubbee.
MENTIONED IN THIS ARTICLE
Senate Antitrust Subcommittee
Hartig
Yale & Towne Co
Ray H. Lubhee
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