Kennedy plan to overhaul money system sparks widespread change
The Commission on Money and Credit, a 20 member body, proposes sweeping shifts from the Federal Reserve to tax policy. It urges presidential control of the debt limit and income tax rates, elimination of gold reserves, and mandatory Fed membership for banks, alarming observers with potential inflation and gold-claims effects.
MENTIONED IN THIS ARTICLE
Kennedy
Commission On Money and Credit
Committee For Economic Development
Federal “Reserve
Federal Reserve
Federal Reserve System
Fort Knox
Rickover Attacks Navy Policies Before Appropriations Panel
Vice Admiral Hyman G. Rickover critiqued Navy operations and service academies before the House Appropriations Committee. He argued the Navy requires unlimited capital or a forger to finance itself and urged reducing the number of officers and midshipmen at Annapolis as part of a broader critique of a Navy he says is out of touch with reality.
MENTIONED IN THIS ARTICLE
Navy
House’ ‘Appropriations Committee
Rickover
Annapolis
Congress
Admiral Rickover's Disclosure Dimensional View Sparks Funding Debate
Admiral Rickover informed the appropriations committee that he does not need more money for nuclear tenets and is returning funds previously made available. His candor and demeanor surprised the committee, earning praise from colleagues and highlighting his blunt approach within the federal establishment.
MENTIONED IN THIS ARTICLE
Rickovér
Pentagon
Rickover
Senate probing stock market sins in the 1930s reform era
A broad inquiry launched by a House subcommittee led by Rep. Peter Mack into manipulation of stock prices. Presidents of the New York and American Stock Exchanges express welcome as regulators move toward stronger oversight and possible SEC action.
MENTIONED IN THIS ARTICLE
Fashington
Peter F. Mack
Ilinois
Atonie Eaaience
New York
American
Investi
Oddball Rumor and Figures Stirred by The Bar Stool Blues
A jumble of nightclub chatter and stats notes a reported 8.4 million cases of spirits and 7.9 million of Scotch sold year over year, with mentions of vodka, Canadian whisky, and other liquors. The piece cites The Minneapolis Star and riffs on actor Jack Lemmon, a jail-time law angle, and a fiery courtroom glare linked to a Costello case.
MENTIONED IN THIS ARTICLE
Mac Grégore
Eddie F Isher
Minneapolis
Ran
Hollywood
Etor
Lemmon
The
Star
Jack Lemmon
Washington Calling Nuclear Testing Decisions Face Pressure
President weighs when to resume testing as National Security Council members split from immediate action to possible two year horizon. Officials debate laboratory testing limits and underground versus atmospheric options amid security concerns.
MENTIONED IN THIS ARTICLE
Washington
Cuba
Pat
Hiss
United
Disjointed Report Touches Virus Recovery and Political Remarks
Fragmented wires describe Janet Tra vell's recovery from a virus infection. Separate items quote Rep Jack Dyer criticizing Gov Davis over horse imagery in the Capitol. A Tallahassee judge admonishes biracial clergy about segregation duties. Other text references a Minute Man program and wartime weapon fears with uncertain details.
MENTIONED IN THIS ARTICLE
Jack Dyer
Jimmy
Davis
Capitoli
Uncertain Coolidge Quote Spurs Farm Cost Debate
A House subcommittee debate links unemployment to worker absence and explores farm income plans. The report cites a criticized Coolidge remark about unemployment and suggests a controversial path toward solving rural economic distress.
MENTIONED IN THIS ARTICLE
Washington
Calvin
Didi
Coolidge
Also Mentioned on This Page
SEC
Ae Coirai
Bob" Considine
Sistuea
Morgain
Hibslie
Naser
Kigus
Fuchs
Italy
Costello
Sha
Lowes
Marquis: Childs
Tallahassee, Fla
John Rudd
Air Force
Krem
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