Kennedy Faces Two Major Economic Problems Inauguration
The Associated Press notes John F Kennedy confronts a dual crisis as he takes office amid a U S recession and a massive balance of payments deficit. It highlights plans to unveil an anti recession package and the risk a weak dollar poses to U S prestige abroad. The article quotes forecasts of a $1 9 billion recovery program and warns deficits could worsen before spring or summer.
MENTIONED IN THIS ARTICLE
U.S
Alveport
Associated Press
Kennedy
Frank Cormier
Washington
John F. Kennedy
Sion
Congress
Eisenhower
Asj
Uncle Sam
Ford
Grounding of Northwest Airlines Flies Over Labor Action
North West Airlines grounded all domestic flights as 288 flight engineers walked out in a contract dispute. The stoppage likely affects about 6,900 employees with many layoffs anticipated. The shutdown comes amid broader economic debates on inflation, gold policy, and a proposed recession strategy.
MENTIONED IN THIS ARTICLE
ST. Paul, Minn
UPI
Northwest Airlines
Washington
Minneapolis St. Paul
International Association of Machinists
Douses Fire He's Civil War Hero 1961
In Charleston during a Civil War centennial reenactment a replica Union ship Star of the West entered the harbor as Confederate cannons fired. A battery blaze at The Citadel cadets prompted quick action by Robert Theobald of Union City New Jersey who extinguished the flames.
MENTIONED IN THIS ARTICLE
Charleston
S.C
Star of the West
Charleston Harbor
Citadel
South Carolina
Military College
Robert Theobald
Union City
N.J
Also Mentioned on This Page
Ay Ween
Reces
Strike Grounds Northwest Air
Free World
Finn
Firenhower Administration
The
Beach
345 Elm Ave
Long Beach
Precrimary Carey
Auto Interior
Bankamericard
Ae Pee
6Th
Long Beach Blvd
Sears
Compton, Downey
Santa Ana
Anaheim
O.A.S. Pensioners
Charles H. Fabish
Pine Ave
Capier
Atlantic
Keystone
Cirrus
Madiron
Crostview
Newmark
Osbarre
Popler
Sycomore
State
Vermont
Stearns
California
Kentucky
OLD Charter Distillery Company
Louisville
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