Congress Faces Debt Bills and Travel Pay Raises This Week
Congress weighs a $6 billion fiscal year funding bill for the Treasury and Post Office, with House cuts mostly to Post Office operations and Senate plans to restore $77 million. A travel expense ceiling for lawmakers abroad and a debt ceiling hike are on the agenda along with minor measures and a weathered feed grains bill.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
Treasury
Post Office Departments
House i
Kennedy
Post Office Department
Senate Appropriations Committee
Senate House
Departments of Labor and Health, Education and Welfare
Two Tucson Drivers Fined and Jailed for Drunk Driving
Two Tucson motorists pleaded guilty to drunken driving charges on Friday. Ramon Anival Martinez Norzagary, 23, of 321 E Hagen Place, was fined 100 dollars and sentenced to 10 days in jail in Justice Court 4. Wanda Jo Caldwell, 22, of 428 E Glenn St, faced the same penalties in City Court.
MENTIONED IN THIS ARTICLE
Tucson
Justice Court
Ramon Anival Martinez Norzagary
E. Hagen Place
Wanda Jo Caldwell
E. Glenn St
Senate alters WWII damages settlement for Philippines
Senate and House conferees reach a compromise on a $1.5 billion supplemental bill. They drop a Senate plan to require a lump sum payment of 73 million for Philippine WWII damage claims while preserving ongoing individual claims paid by a U S commission. The agreement also bars any lobbyist fees for claimants.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congress
Islands
House
U. S
John A. O'Donnell
Kennedy
Albert Thomas
Dtex
Rousselot Will Appear Twice
John H. Rousselot, West Coast John Birch Society leader, visits Tucson for a press club forum at 5:30 p.m. in the Phoenix Title Building and a public lecture on disarmament at 8 p.m. in the Pioneer Hotel ballroom. He argues the United Nations serves Soviet policy and cannot shield America from Communist aggression.
MENTIONED IN THIS ARTICLE
Tucson
John H. Rousselot
John Birch Society
California
Phoenix Title
Pioneer Hotel
Rousselot
United Nations
America
Claims Conflict During Expense Account Airing
IRS Commissioner Caplin defends expense account rules as clearer and needed to curb abuses while critics from the National Restaurant Association call the language too complex. He urges finalizing the regulations before permanent publication as 40 witnesses prepare to testify over two days. Power argues for a simplified guide and notes odd deductions such as country club expenses covering only food and beverage.
MENTIONED IN THIS ARTICLE
Caplin
Thomas Power
Council For the
National Restaurant Association
Internal Revenue Service
IRS
Congress
Power
Johnson To Speak At UCLA Foreign Press Banquet
Vice President Lyndon B. Johnson will deliver a major policy address at the UCLA Foreign Press awards banquet in Los Angeles on May 10.
London lab blast injures three firemen
A fire at a London nuclear technology laboratory released an 180 cubic foot ethylene cylinder explosion. Three firemen were hospitalized with slight injuries as the incident damaged part of the first floor in South Kensington. Officials later said no radioactive material was present due to an automatic safety switch-off device. The lab conducts secret industrial research but has no government contracts.
MENTIONED IN THIS ARTICLE
London
UPI
Nuclear Technological Laboratory
South Kensington
Will Global Confidence In U S Dollar Continue
Postwar finances and the dollar's role are examined as the United States shifts to a dollar glut era. The piece traces money supply, central bank cooperation, and IMF influence, asking whether international bankers will maintain faith in the dollar amid gold outflows and policy disputes.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve System
Federal Reserve Board
The
Treasury
Truman
the Treasury
John W. Snyder
Reserve
International Monetary Fund
United States
No Bids At Bisbee Land Auction For 308 Parcels
An auction of 308 land parcels near Sierra Vista failed to receive any bids. The parcels were appraised at 1000 dollars per acre as the minimum bid, with plots of 20 acres and one 28 acre tract.
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Bisbee
Arizona
Sierra Vista
New ‘York
Natl, Assn. Securities Dealers, Inc
Aberdeen
Atom Physica
Axe Hough
Pat Axe
Boston Fund
Bullock Fund
Canada Gen
Func
Wid
Canadian Fund
Chase
Fda
Sheaseere
TS Corp Leaders
de Vegh Invest Vas
de Vegh
Delaware
Lad Bal Gag Divers Invest
Dreyfus Fund
Thos Eaton & H Bab
Eaton & H Sik
Electronics Invage
Energy Fund
Dnidd
Fidelity Fund Oe
Fidelity Trend Vee
Founders Mu
Petrolae
Hamil
Eaves
Ilacorp
Incorp
al “Johnston
Keystone
Loomis Say
Loomit Say
Elec NO No
Mass Invest Tri
Mass Invest Grih Ae
Aaass Life Fund Ovies
Etelena
Pena Savare
Philadelphia Fo Ted
Pioneer Fund
Price
TR Grth
Puritan Fund Bal
Putnam Fund
Putnam Grin Beeen
Straey
Sharehlars
Ind
State Street
Texas Fund
Canada
Wall St
Wellington
Whitehall
Wisconsin
Securities Dealers, Inc
Phoenician Killed Thrown From Truck
Melvin C. Boldrey 34 of Phoenix died after being thrown 30 feet from his truck into a utility pole when colliding with a car. Donald Wade McCraley 31 the car driver was cited for driving while intoxicated. Boldrey’s death raised Arizona 1963 highway toll to 173 versus 144 a year earlier.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Melvin C. Boldrey
Donald Wade McCraley
Boldrey
Gifting Stock and Tax Rules Clarified by Mr Doyle
The Daily Investor explains that gifting stock is not a tax loss. If you sell stock at a loss and gift the proceeds, you may report a capital loss. Gift to minors laws vary by state, so seek a tax attorney. Mutual fund exchanges may incur fees. read the prospectus for charges.
MENTIONED IN THIS ARTICLE
William A. Doyle
District of Columbia
Man Critical After Apartment Fire in Tucson
Arlie H. Kassing, 47, of 328 E Alturas St, was rescued by firemen from his burning apartment Saturday night and remained in critical condition at Pima County Hospital. Building owner Mrs Abbondate of 326 E Alturas St reported smelling smoke and discovering the blaze. Fire Captain Albert Aguilar cited careless smoking as the likely cause. damage estimated around 50 dollars.
MENTIONED IN THIS ARTICLE
Arlie H. Kassing
E. Alturas St
Pima County Hospital
Abbondante
Albert Aguilar
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Southern Arizona Dental Society
Richard B. Matteson
D.ds
Wilmot Medical Building
North Wilmot
Philippines
O’donnell
Mortimer M. Caplin
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Ar Business
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J. A. Livingston
Stalin
Khrushchev
Federal Deposit Insurance Corp
Salmon P. Chase
Lao
Ile Prices
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Dept. of Labor
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Corvairs
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O’rielly Chevrolet
East 22Nd ST
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the Daily Investor
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hoRderwalght
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