Car Sales Growth and Industry Profits Shaped 1965 Outlook
Chrysler and General Motors posted strong first-half results with GM earning $1.27 billion and Chrysler $118.4 million. U.S. auto demand rose to record mid-July sales as plants shifted to 1966 models. Steel and labor data showed mixed signals while Vietnam defense spending buoyed the economy.
MENTIONED IN THIS ARTICLE
Chrysler
General Motors
Ford Motor Co
U. S. Steel Corp
Bethlehem Steel Corp
Johnson
U.S
Suit Claims Constitution Violated Over I-95 Interchange
A Chancery Court suit filed in Richmond charges Hanover County Board of Supervisors with two Virginia constitutional violations in financing an Interstate 95 interchange at Virginia 600. The suit seeks to halt construction and declare two board resolutions unconstitutional. Plaintiff John J. McDonald Jr. cites indirect financing by Speed and Briscoe Inc. as track terminal operators.
MENTIONED IN THIS ARTICLE
Richmond
Chancery Court
Hanover County Board of Supervisors
Virginia
Virginia 600
Speed and Briscoe Inc
Hanover Board of Supervisors
John J. McDonald Jr
Chesterfield County
Fortas Faces Limited Advisory Role After Supreme Court Hire
Washington amid debates over Abe Fortas leaving his law firm Fortas & Co to join the Supreme Court. Government lawyers note partial continuation of advisory work may be allowed while ethics rules bar continued use of the firm name. Fortas’ potential earnings shift from about 150000 yearly to a justice’s 39500 salary, with liquidation proceeds and cases begun before appointment staying possible. Johnson’s influence cited as a factor in Fortas’ decision.
MENTIONED IN THIS ARTICLE
Washington
Arnold, Fortas & Porter
Abe Fortas
Supreme Court
Fortas
Real
American Bar Associa
Johnson
Fortas Nomination Hearing Moves Up After Delay
Legal experts discuss Abe Fortas remaining as informal adviser to President Johnson after two refusals to accept the post. The Senate Judiciary Committee revisits an August 6 hearing date. the hearing may occur earlier with Fortas facing questions.
MENTIONED IN THIS ARTICLE
Fortas
Johnson
Viet Nam
Dominican Republic
Abe
Senate Judiciary Committee
Senae
Truman Happy Man as Medicare Becomes Law
In Independence Missouri President Truman beams as the 133 page Medicare bill providing hospital insurance for Americans over 65 is signed aided by President Johnson. The bill expands Social Security and raises payroll taxes to cover costs. Johnson visits Truman Library sharing the moment with Mrs Truman Humphrey and Congressional leaders.
MENTIONED IN THIS ARTICLE
Truman
Independence
Harry G. Truman
Johnson
Washington
Truman Library
Hubert H. Humphrey
Congress
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