Chamber of Commerce opens annual meeting with wage and tax critique
The United States Chamber of Commerce opened its 46th annual meeting in Washington with a warning that labor wage demands may be too high and that federal taxation is choking private investment. Philip M. Talbott urged Congress to curb government waste and overhaul taxes, while remaining optimistic about the 1960s economy and consumer demand. The gathering, expected to draw 4,000 delegates, will focus on politics and economics this week after an awards dinner.
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Cunard postpones luxury liner as taxes bite
Cunard Co announces delaying construction of a 30,000-ton transatlantic luxury liner budgeted at 25 million dollars. High taxes and a shipbuilding slump undermined the company’s fortunes, pushing the ship’s debut from early 1961. The Britannic, a 20,000-ton liner in service 28 years, will continue its Atlantic crossings.
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Justice in TV Role New York Up
Justice Jon Clark will guide viewers through the Supreme Court building Thursday morning on NBC-TV's Today program in New York, showcasing the court and its operations to a national audience.
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