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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 10, 1961
Page
12
The Kennedy administration leaves Vienna with a bleaker read on Soviet Russian willingness for a nuclear test ban and disarmament, though noting open lines of communication. Khrushchev remained blunt and unreceptive, while Kennedy gained insight into Western unity and the limits of Soviet concessions.
Washington dispatch notes India seeks 2.5 billion in loans over two years amid Congress withdrawal risk and rival donor hesitations. A May 31 World Bank backed meeting aims to align US, Canada, Britain, Japan and West Germany on a joint aid package. US pledges 1 billion with long maturities. World Bank and IDA may add 40 million. Germany pressure to commit. Canada and others urged to boost long term, low interest loans. India’s third five year plan runs April 1, needing 5.5 billion in foreign loans and 18.3 billion in domestic funds. The 438 million Indians form one third of the non Communist developing world.
A London Observer report from Leopoldville notes travel agents and tourists are warned that after independence the Congo faces severe economic and security strains. Nigerian police improved European safety, UN forces train Congolese troops, and unrest in Kasai and South Katanga raises concerns for visitors amid food shortages and currency problems.
Secretary of State Dean Rusk briefed 18 South and Central American envoys on Kennedy Khrushchev discussions. Khrushchev reportedly called Cuban Premier Fidel Castro unstable during talks on Castro as a Soviet ally. Ambassador Adlai Stevenson heads to Brazil with hope for Kennedy's alliance for progress after Uruguayan talks.
The article discusses a likely shift in foreign policy under President Kennedy as Congress demands more consultation. Republicans push to recess the Geneva test-ban talks while Democrats seek greater participation. Possible policy shifts include a para-military buildup, CIA shake-ups, and a tougher stance on Cuba and Berlin.
Continued from page one. After five hours and 25 minutes of talks Khrushchev and Kennedy met alone with interpreters for 20 minutes, leaving American officials in gloom upon their plane to London. U.S. officials faced Khrushchev in the flesh and heard the belief that communism would prevail, a verdict that underscored why Kennedy called the summit somber.
CHICAGO UPI Walter Cronkite will receive Roosevelt University's 161 Founders and Friends Award for distinguished service to American democracy. Previous recipients include Marian Anderson Justice William O Douglas Martin Luther King Edward R Murrow and Chief Justice Earl Warren. PARIS UPI Communist China ordered 260000 tons of barley from France amid severe droughts in recent talks with Paris officials.
The Lorain County Printing & Publishing Co publishes The Chronicle Telegram daily except Sundays in Elyria Ohio. This June 10 1961 issue lists postal and circulation details including carrier and mail rates for Lorain and adjoining counties, Ohio, and out of state.
Listing of bidding and asking figures for multiple securities and banks. Mentions Brown Fintube Elyria Lorain Central Bank Lorain City Bank Cleveland Trust and various local companies with small percentage quotes. Includes Lorain area institutions and several savings and loan and trust entities with minor percentages.
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