Dollar Drain Continues Vietnam War Inevitable Deficit
Washington AP reports the Viet Nam war largely eliminates hope to halt U S dollar drain abroad in 1966. Treasury Secretary Henry H Fowler says reaching balance of payments may be only interim and excludes war costs. He cites a $582 million quarterly deficit and warns against annual projections.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Henry H. Fowler
U.S
Viet Nam
Fowler
Viet War Blamed on Trade Balance and Pressures
The article notes that the Viet Nam War created demand pressures on industrial capacity, lowering the trade balance. Fowler says the adverse effects may exceed direct war costs, cites measures to curb federal outflows, and remarks on a shifting but overall held position through March. He explains that exports exceeded imports but the first quarter showed weakness, with a reduced trade surplus from 46.7 billion in 1964 to 48 billion this year.
MENTIONED IN THIS ARTICLE
Fowler
U.S
Youth Service Debate Sparks National discussion
Defense Secretary Robert S. McNamara urges American youth to serve two years in defense related work to support the nation during wartime. He links youth service to national effort and international peacekeeping, aiming to energize the public discussion.
MENTIONED IN THIS ARTICLE
Washington — Defense
Robert _ S. McNamara
Youth For America
China
USA
Ihoped
McNamara Calls For Global Peacekeeping Bridge Effort
Secretary Robert McNamara urged multination peacekeeping and a worldwide community to share security duties. He described an initial voluntary approach for young volunteers like the Peace Corps and warned against forcing ideological rapprochement with the Soviet Union and Red China. Officials cautioned against hasty conclusions about his speech.
MENTIONED IN THIS ARTICLE
McNamara
McNa
Ara
Dean Rusk
Thele
Pentagon
Montreal
White House
Bill D. Moyers
Congress
Vance
Chenges
Pres- McNamara
United States
Peace Corps
Russia
Red China
Also Mentioned on This Page
Defense
Vermont Royster
American Society of Newspaper Editors
Lee and Goldbar
Sansco
Las Palmas
Youth Service
Me‘Namara
Joske's of
Texas
Wolff and Marx
Joske’s
General Tire
Greater
San Antonio Area
Buick
Dodge
Dart
Valiant
Ford
Chevrolet
Plymouth
Studebaker
Mercury
Chrysler
Olds
Pontiac
Packard
General Tire Service
S.W
Comer
Northside
N. McCullough
North Star Mall
Joske's General Tire Store
E. Commerce
Joske
Falcon
Comet
Amalie
Pennsylvania
Delco Shocks
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!