Debt spurt may return as borrowing rises again
The report notes a lagging 1960 recession but points to renewed momentum in total private and public debt. Government, corporate, and individual borrowings were flat yet show signs of increasing as inventories and expansion plans compress funds from cash flow.
MENTIONED IN THIS ARTICLE
New York
Hollywood Highlights Mr. Chips Faded Away
Dr. Frank Baxter of the University of Southern California retires after 41 years of teaching and a landmark TV career. At 65 he plans lectures nationwide, a 16 minute radio series for Westinghouse, narrations for Bell Telephone science hours, and TV work on An Age of Kings.
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Hollywood
Frank Baxter
Mr. Chips
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Yorick
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Advantages Seen For U. S. Oldsters
Lawrence Kansas AP professor emeritus John Ise told Golden Medal Club alumni that being old brings perks such as reading confession magazines and scandalous books without corruption fears while noting they can study the Bible like cramming for finals.
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Lawrence
Kan
John Ise
University of Kan
Golden Medal Club
Ise
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