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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jun 25, 1962
Page
2
Henry Taylor discusses Schlesinger’s article in the Saturday Evening Post and Kennedy era rules on outside earnings. The Post confirms payment though Schlesinger declines disclosure while Sherrod and Thompson defend ethical standards and paid publication.
A Boston based account portrays Schlesinger as arrogant and evasive in controversy over remarks about Mrs Kennedy and criticism of capitalism. The piece argues the exchange reveals power’s hold at the White House and questions the President’s handling of a money making matter.
Rudolph Flesch recalls hosting Lien from Indonesia through American Field Service. He praises AFS for placing 16 to 18 year olds with American families and sending American students abroad. He notes Lien is now happily in college in Indonesia and cherishes the lasting international ties formed.
The document recalls the American Field Service exchange program beginning in 1947 with 17 teenagers placed in European schools and supervised by host families. It notes rapid expansion through the 1960s, driven by community support and alumni networks, and mentions fundraising and organizational contacts in New York.
Washington reports fiscal year 1962 will close June 30 with the Treasury showing a growing deficit. The Kennedy administration seeks a public debt limit hike to 308 billion dollars as of June 15 the debt stood at 2916 billion. The piece recalls Roosevelt’s line that debt is “nothing we owe to ourselves.”
UPI reports the Canberra P and O Orient liner will sail to New York in August with a 2300 passenger capacity the largest liner in 20 years. It calls August 2 from London and August 17 on its first Atlantic crossing. Warren Titus, president of P and O Orient Lines, foresees worldwide applicability of his ship travel ideas beyond the Pacific. Travel on the Pacific shows a 20 percent rise while U S routes rise about 50 percent.
Foreign dispatch notes widespread flee to France as independence referendums loom in colonies. Paris officials seek a peaceful vote while French security tightens for a July de Gaulle visit amid talk of potential threats. World moves toward new alignments with Laos Yugoslavia and China shaping regional ties.
Tucson based Governor Paul Fannin announces plan to seek a third two year term as Arizona's governor. He cites past 30 years achievements including school support junior college system narcotic laws and anti profiteering liquor measures while opposing a medical school and urging growth.
The Value Line Investment Survey says corrections of overvaluation are underway but a full fall correction is not yet seen. Blue chips and institutions remain overvalued while a temporary base around current levels is possible or the market could slide toward 460 in the Dow Jones industrials.
A new facility at Grand Canyon National Park is planned as the first civil field developed under Arizona Aviation Authority funds. It will include a lighted runway a full terminal and shop buildings and be bordered by public recreation areas.
Washington owners relocate the Senators to a midway site between Minneapolis and Paul to shield national security concerns. The syndicated group now controls the team and vows to keep baseball from compromising security, while noting a weak farm system limits rookie breakthroughs this season.
Charles Tein assistant to California GOP gubernatorial hopeful Richard Nixon was reported recovering satisfactorily from injuries after a pistol whipping. He underwent surgery to relieve brain pressure and was removed from the critical list. Tein had recently arrived from New York to assist Nixon.
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