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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 20, 1959
Page
12
Vice Admiral Ruthven E. Libby and 1st Fleet commander called for a buildup of new ships as a grave naval threat looms. They warned the period 1962-65 could see growing danger if America fails to replace aging vessels.
Harvard economist H Slichter urged in Washington that all U S tariffs be cut and import quotas abolished over 11 years. He argued the move would strengthen the American economy and promote rapid growth with price stability.
Hawaii congratulates Crown Prince Akihito on his engagement while Kashmir hosts observers. A UPI report covers Japan’s royal gift and U.N. secretary general’s day, with references to U.S. economic testimony by Slichter warning on foreign competition, wages, and deficits for 1960.
The 59ers caravan of 16 vehicles and 35 people seeks to resume their Alaska trek after their 1934 van broke on the Alcan Highway. A Detroit donor funds the load pickup and a $300 gift from a supporter home will aid the June Alaska journey.
The Senate Finance Committee postponed its decision on the House passed life insurance tax bill until after the Easter recess. The committee finished hearings on the bill Thursday after requests from small life insurance companies for changes in the measure.
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