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Publication: European Stars and Stripes Friday, March 16, 1962

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   European Stars And Stripes (Newspaper) - March 16, 1962, Darmstadt, Hesse                                The stars and strips personal incomes up in feb., raising Hope of business upturn Washington a the Commerce department has reported that personal income picked up to february raising Hope of a business upturn. The department reported that income went up by �2.7 billion to new High annual rate of $432,8 Bulion. The february Advance erased the Tab loss sustained in january and curled income $4 billion at annual rates above the fourth at 1961," the department a favourable aspect of the report that Dot of the Rise in in prof picks 70 As year . To go broke Philadelphia a an to of macs professor predicted the United state will go broke on nov.38, pm exactly at 10 30 . Arthur r. Upreti director of the Bureau of economic studies at macalester College St Paul minn.,told meeting of insurance men Bankers and educators he selected the Day and time of America off Upari i collapse this Way in 1929, our financial Structure was Only 31 per cent liquid jus before the gnat bust of that. The growth of our whole Money system in the next eight years will he such that financial liquidity on nov. 1ft 1970, will again be reduced to 33 per cent. The hour of 10 90 am. Is selected because that i the time of4r when All checks Are presented by Banks to each other for pay ment and the Bank clearings take  div dual incomes came in wages and salaries Benefit t ing most working people. Wage and salary i payments reached a record annual rate of $292.8 billion. This was $2.6 billion More than in january and $2.1 billion above december. Personal income had sagged from a december rate of 9431.8 billion to $430.1 billion in january. The decline was partly associated with cutbacks in factory employ ment the factory work week an Industrial production income Bate in february the factory Job Pic Ture improved markedly contributing to the wage and salary in crease the department said. Nearly half the payroll gain Casein manufacturing. The department also pointed out that the february income rate was nearly $30 billion above february,1961, the Low Point of last year s recession. The january declines in employ ment factory hours incomes and production has Given Rise to con Cern that the general business expansion was slowing Down. Eco nomic reports for february so far have painted a More encouraging picture. It had to happen wit people throughout the nation announcing their candidacies for election a picture of a candidate throwing i hat in the ring a inevitable. Here if done by Stanley w. Church mayor of new Rochelle n.y., who is seeking the democratic gubernatorial nomination in new York. Up photo bin to drug Side thu Washington 1ate judiciary tracked and perhaps this congressional seation by sen. Estes at reducing the Price Ion drugs. Meeting behind clo i committee voted 9 to the measure to a Pater Mittee headed Fay Sev Mcclellan dark foe study. Senate Republic Anett m. Dirksen of the motion. Hand l. Hruska. R-neb., have secret of their Hope to on the Bill in this Way Kefauver chairman of Trust and monopoly Sut Drew support Only Frohip a. Hart a much. When 1 to have his legislation the Senate Calendar for the Tennessee demo committee had spent two Vest gating the nation s drug i fact users and taking test legislation to Correct what ver considers Industry an his drug Bill cleared til Trust subcommittee inst a 3-2 party line vote. App the full judiciary committee necessary to report the leg to the Senate floor. Ruling delayed on Hof f a mail fraud Char Orlando for . District judge Joseph p. Loeb has delayed a ruling on James r. Hoffa s bid for dismissal of mall Frau charges and said he was staggered by the defense s prediction a trial would last 18 months. The three Day hearing in Federal court ended with Loeb giving attorneys for both sides until april 2 to prepare briefs. When chief defense counsel Jacob Kossman gave his forecast of a lengthy trial should Loeb Rule Hamb Boke tjs8tkbalbert a Cetta new York City commissioner of Market displays the new fat percentage indicator device that a Hope tors Are Nsang to determine if Butcher Are putting More Haw the legally allowed 9t per cent fat in their hamburgers. The it Omu atom it twi plate tent nooks the Hanburger. Ai the it drips Takt the test my h in be me Emred. Up photo against the dismissal motion Lieb said i must admit i m staggered by the figures used  his dismay came from Kos Man prediction that the trial would last a year and a half More than6,200 witnesses would be called by both sides government exhibit would be measured in tons and single witnesses would testify for two woks. Hoffa s Assoc Etc and co defend ant in the Case banker Robert e. Mccarthy or. Of Detroit asked that he be tried separately from Hoffa. Earlier to the Day the hearing turned into a shouting session when a government witness re fused to say if he tapped the teamsters president s Telephone line for the Senate rackets com Mittee. The witness former rackets committee investigator Edward , refused to answer when de sense attorney James Huggerth asked him if he was assigned to the Jimmy Hoffa Case in 1958. He declined to answer under terms of a . Senate Resolution adopted March 8. Angry Haggerty told Lieb that Jones was just taking another form of the fifth amendment Justice department special at Torney James t. Dowd jumped to his feet and stormed Back at hag Gerty they Are trying to smear the Senate and this poor Man by innuendo that he and we have something to  i the Senate Resolution permits the defense to subpoena persons connected with the committee but forbids them to testify about in formation gathered by the com Mittee headed by sen. John Mcclellan dark. Hoffa and Mccarthy were indicted last october on a charge of misusing $500,000 in Union funds in a private housing development near Cape canaveral then using the mails to promote it As a Union sponsored Haven for retired team sters. The defense is asking at the pre trial hearing that the indictments be dismissed because there was prejudice in selecting the grand jury that the grand jury biased Ami thut illegal evidence was presented grand jury the same that was presented to the to Ian committee. Jones denied on the stand 1 he was a professional wire tag asked if he was assigned to in 1958 he sold "1 respectful to decline to answer under  of the Senate Resol Dowd said the Only wire Jones had done was when  the army would Start at $75 a month Morse offers Bill to pens needy vets of world Washington up sen. Wayne Morse. D-ore., introduced legislation to provide pensions Starling at $75 a month to needy world War i veterans. He said they have been Over looked by the nation which gave generous benefits to world War ii veterans. Morse Suid his Bill would provide pensions of $75 a month with an increase to $90 for those 65 or older or who have been permanently disabled for 10 years. The pension would go to $150 if the Veteran were in need of regu Lar assistance. A 10-per-cent in crease would apply for those who served overseas at least 30 Days. The senator emphasized the benefits would not go to in veterans whose income Etc $1,800 a year or to those and earning Over 93.000, world War i veterans Are because they Are jobless serious financial condition Tolett the Senate. He also urged action on a Bill to set up a standing Cor on veterans affairs. Wis. Governor sets goal Malli on kiwis. Up Gaylord to Nelson 45, said he will run for the Senate this or withdraw from Active under no circumstances seek another term As governor said. Army asked to reinstate rebel Washington up rep Thomas g. Abernethy d-miss., has demanded that the army restore it col Evan e. Tumlinson As cd. 223rd engr construction in the West Point. Miss., officer was relieved of. His command last week after he wrote a much publicized letter complaining about what he termed inadequate sup plies and other problems at it. Polk la. The Reserve battalion called to Active duty last year of stationed there. Tumlinson prepared the letter for sen. John c. Stennis chairman of the Senate armed services preparedness subcommittee and distributed copies to members of his Mississippi unit. Abernethy in a letter to army Secretary Elvis j. Stahr jr., re Quested a prompt investigation of Tumlinson s charges and a determination How Long the battalion must still remain on Active duty. Abernethy said reports from it. Polk have indicated the battalion was he equipped and was no contribution to National sense the colonel s letter and its distribution May not have within policy or Regula Abernethy said. On other hand the Man said the situation May required just such a dram move. To Center the at of appropriate authorities listing problems and Condit it.   
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