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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jan 20, 1969
Page
14
Treasury undersecretary Frederick Deming told a House Senate subcommittee that demand and money in the United States had drawn imports into the market. The piece explains the balance of payments concept and notes deficits lasting 11 years threaten confidence in the dollar and global trade.
The article discusses the balance of payments, noting that the United States has a favorable balance despite trade deficits. It explains that money flows beyond trade include costs of war in Vietnam, deployments in Europe, and aid to developing nations, affecting overall economic balance.
The article notes that after 11 years of imbalance, the U.S. recorded a surplus this past year as foreign funds were drawn to U.S. stocks and investment restrictions remained in place. It warns that lifting restrictions or failing to control inflation could worsen the situation by increasing imports and eroding the surplus.
Heloise shares practical tips from readers including using a cookie sheet to catch splatters when washing woodwork or walls and laying towels or newspapers on floors to protect carpets. The page also includes ideas on rummage sales for kids, poaching eggs with foil tins, using spray glitter on corsages, and reuse of clothes hangers to fix sagging drapes.
Friends of a Capitol Hill woman found their calls to her were answered by a busy signal. The mixup traced to a Seattle University student directory listing her number as the contact for Marian Hall's 86 women residents.
Mrs Stephen C Dougherty of Bragg NC watched her two sons Mike 11 and Bill 10 win pancake eating prizes. Mike won first with 24 of the doughy disks in 30 minutes at Fayetteville while Bill finished second with 21. Mrs Dougherty says Mike sought more food hours after his win.
TV Movie Highlights 9:00 p.m. Monday Night at the Movies Billie 1965 features Patty Duke in a tale of a 15 year old girl's athletic prowess affecting her father's mayoralty campaign. The Late Show at 12:00 M covers Everything But the Truth with Fess Parker. The Lions Are Free, a documentary about Bill Travers return to Kenya and his reunion with Born Free lions, airs Jan 23 on NBC with Virginia McKenna and George Adamson.
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