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Publication: European Stars and Stripes Tuesday, June 12, 1962

You are currently viewing page 7 of: European Stars and Stripes Tuesday, June 12, 1962

   European Stars And Stripes (Newspaper) - June 12, 1962, Darmstadt, Hesse                                The stars and stripes Page 7 jj4 i Presl gis itt to we would not like to see a Sharp Rise of course we would not like to see a further fall either helter painted a generally Bright picture of the us Economy but be added that the recovery from recession is not going As fast As we would  t payment on future. Late last year to predicted the Gross National product would reach$570 billion in 1962. The chances of making the 570 have diminished somewhat he said. It s not completely out of the  we see the Pace of housing the Pace of automobile sales ,. I would say the uptrend the continuation of the recovery Are very Good. Going As fast As we would like no. Recession around the Corner  said the rate of unemployment will not drop to 4 per cent the goal set by or. Ken Nedy this year. Well be closer to 5 per cent he said adding that he anticipates further improvement next year. The present rate is 5.4 per  if he were willing to accept a budget deficit along with the proposed reduction in taxes. Heller replied Well let s put it this Way. If the tax Cut were to cause a temporary budget deficit in the proc Ess of stimulating the Economy i would Call that a Down payment on future surpluses. It might involve a deficit the idea that it might involve the largest Pence time deficit in history to out of the  Heller said it is both a Mirage and a myth to assume thai inflation necessarily follows a budget deficit he said there were forge budget deficits in the late 1950s but that prices had held relatively stable since 1957. Ilski seeks action on bottled up Bill of Nesli of Mil rep. Kowalski d conn., has the House i veterans com who bold hearings and Apt Baklini to give veterans a a Chance Tor take out-Low-cost4 pm. Life insurance. Said the measure Hes Wmk  _ Apt part f cd Liege awarded an Hon Legree to astronaut Alan Burd jr.,n a in i n g him the scan Christopher Columbus of of ars decrees were of 606 seniors at the old colleges v i who was Given an Hon ?y4 master of arts degree was i and Jip ent his childhood in a where his parents. He returned to3 new Shire Friday making his first been bottled up in the House Troup despite repealed a Sage  e r measure by the Senate. The legislation would give world War ii and korean War veterans one additional year to sign up for the National service. Life insur-ance., Nesli pro Grani. Veterans of world War in were not Given adequate -notice1 to pro act their interests when the Ori Ginal program was terminated in 1951, he  said korean War Veter ans had Only-320 Days to Purchase the insurance after leaving the service arid this right was Dis continued in 1937.the  said the House should be Given an Opportunity to5, 1961, that piffle him Rica s first is run space. Louth said his exploit was because it to Ashe to tend of Fiat matters. Greatly it bravery with Khit iat gave be Tov knowledge and tied Uhlma med. Realms As the of Effort v arts Iouli 4s privileged to a ledge such a Mastery of both t fahd of Una que tasks. 13., Tegi Lattire in he Book 5iaapolls to jul for sups a he. Ruk flast year amt and legislature is institutional because it failed to feel of Giorc than re now Becq Mea the  the slate. ,/." made Pijie up Mient when in d thai -plicnhfi1 to Appeal ills Lon to tic i title Sun prime court been abandoned Ike said Jaywalker a Lernor Angeles gov Edmund 1g. Brown the ,55.25 jaywalking Fine for a i  of Garden Calil of  la Jenket a when a Street to shake hand during a political be not Worth Ltd  i " Liss. Lawmaker . Buller con in inc about the and Efti to the 1868 Rafeiro and indicated to con t no Honor to Bol off to Aon a Lech Are a priv that cd lie it Eidi Al jillions ill Slock revealed m audit of win Sam estate ton Jac Mich a the $5 it upon estate of thei late Charlese. W j j p o a Lormer president of general motors corf. Arid Bedre tary of defense included $1.37655 in Stock in one company. A partial4 a a d i t disclosed the largest single holding of the estate wits the 84,700, shares of Texas Eastern transmission corp. Slock Worth $2.5 million Wilson also had 4,842 shares of people s a Light and Coke co. Stock Worth $444,556 and 23 life Iii sur nce policies valued at about 5750,000. The total Market value of Wal Stan s Stock was $2.5 million. The $5 million figure does not include property which must be appraised under court order. The bulk of the estate was left to Wil sons widow Jessie  to be valued Are thousands of Bonds mostly of the Mackinac Bridge authority a number of Oakland county. Mich., school District Lori do and three cattle ranches Fri identifies body by prints n won Iowa up authorities said n Man. Found dead along the. Rock Lisand Railroad tracks near Here May ,21 has been identified through an Fri fingerprint Check of Rudolph fee Lefi 49 originally of Estill  police sold the victim was apparently run Over by a train. The Fri said lie also went under the name of Rudolph Van Peoples and had an arrest record at new or leans. ,. The body was found by a Rock Island train Crew about 3 Nillos East of Metz Iowa. Officials Sai women s National l fits club a u it party in Washington honouring vice president Lyndon ii. Johnson. Us l photo faces or Loal Columbus a up six years ago military authorities in former Rebecca Ann Foucher that or husband sp2 Richard �. Foucher had been killed in an automobile Accident in France she later remarried. The deportment of the army notified her last week thut her second husband Chi Wal line r. Do Ftp died after a full while inspecting an army vehicle in Gnu Molny. Constable tastes his own Medicine Springfield i. Api con stable Irvin t. Litster who serves summonses on persons who Don t pay parking tickets was fined si32for failing to pay $90 for 41 unpaid parking tickets issued to him Las year. Police magistrate James r. Mcalexander however suspended the Fine after Custer told Horn he got the ticket while acting in the line of duty. To said lie got the tickets while serving summonses on overtime parkers who were delinquent in paying fines. Custer said he had no official police card for his car. Twin Road trouble Miami. Fin. A when one truck rammed another at a Stop sign matters were confused Iem pour by. The trucks belonged to the same poultry firm and were driven by Edward and Albert Hay Wood 31-year-old identical twin Brothers. It s 62 or maybe never gop s Miller says Seattle apr in tonal gop chairmar1 William e. Miller told republicans the parly bad " better win this year s self Etc and National elections or we May never win again in preliminary gatherings before the opening " a world s fair ses Sion of the gop notional com Mittee Miller predicted republicans will gain onto Ftp of the House in november and take governor ships away from the incumbent democrats in six of the key states. But the chairman told n meeting of the National Young Republican executive committee that his party members have been Lousy politicians in the past and will have to Campaign harder than they Ever  what he called presi Dent Kennedy s grab for executive Power Miller said that if the present trend toward centralization of Gove Ament continues soon 50 per cent of the nation s econ omy will soon be controlled from  s our system that is on trial in this  he declared. A can t remain half free and half Socini Listic. We Are going to Hayft the support on this Issue of a lot of people who never voted for a before. R. -. We re going to win indeed we d better a in this year or a May never win again r i a ,. 4 of l1 a re. Of "i.i5.,.,  
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