davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-03-09
A Proposal for the Dollar GAP

were black markets every
where in the world, the
American tourist might have
baked at such an idea, since
he would have lost the sub
Stantial difference between
the official rate of exchange
and what was being paid for
dollars by the black market
eers. But in the last 18
months this has disappeared
and there is only one rate Of
exchange. AS a matter Of
fact the purchaser of drafts
on foreign countries would
make a small profit since all
banks abroad charge q COM
mission when they purchase
American currency or travel,
ers checks.
The foreign governments
where we have counterpart
funds would welcome such a
measure since it would en-
courage rather than discour-
age touriSm. So long as that
money is kept in circulation
they don't care any longer
whether it represents actual
dollars or their own cur
rencieS owned by the Amer
ican Government. Such a
step would make it unneceS-
sary for Congress to pass any
legislation reducing the value
Of goods imported by tour
lists abroad from $500 to $100.
The foreign markets would
no longer be glutted with
dollars when the American
traveller is given foreign ex-
change from counterpart
funds, which are lying idle,
for dollars which remain at
home.
Thus the concern of the
British, French, Italian and
German governments over
the reduction of sales to the
2 million American tourists
would be offset and might
strengthen the much-needed
feeling of goodwill from the
man in the street toward
Americans.
Evening star., 1961-03-09
Muliks to Be Honored

DR.. and Mrs. Charles H.
Malik win be honored at q
reception to be held by Ameri-
can University President and
Mrs. Hurst r. Anderson at 8
O'Clock tonight at Hughes Hall
Of the university. DR.. Malik
has Joined the faculty of the
School Of international Rela-
tions.
Evening star., 1961-03-09
State Accession to Desire for Marital
Ceremonies Called Significant
RALPH McGILL

A Moscow-datelined story
said that the marriage Of two
young Communist factory
workers, in the former living
room Of what had been a no
bleman's mansion, marked
the opening Of Moscow's first
marriage palace.
I'm Czarist days" the re-
port said. "the large room
with elegant wood-paneled
walls and glistening crystal
chandeliers was the scene Of
parties for wealthy Musco-
viteS. The wedding of Vladi-
mir Morozov, rs years old.
and Svetlana. %, signaled the
start Of the states attempt to
fit love into an organized So
cialist system"
This Is an important story
in that 1t notes the triumph
Of the human spirit over the
conformative drabness Of the
totalitarian state.
The palace was created out
Of necessity. Too many young
Russians voiced dissatisfac-
ton with marriages in the
governments registration Of
fices. More and more of them
began to turn to the dignified
beauty Of ritual as used in
church weddings.
During Richard Nixon's
visit to Russia 1t was
possible to abandon some of
the official schedule and see
both wedding services at
work. Each was impressive.
To a Western man, famil-
lar with the religious cere-
mony, there was nothing
particularly unusual in look
ing on while q young couple
was married In Moscow'S
Baptist church. The bride
wore the traditional veil.
Rings were used. The bride
was a. calm and the groom
as nervous as tradition de-
manded. There were prayers
Evening star., 1961-03-09
DAVID LAWRENCE

President Kennedy in his
press conference yesterday
did not clear up but rather
added to the confusion he
has already created by his
public discussion Of the issue
Of whether Federal funds may
be used to aid non-public
schools.
News reports of his press
conference on March ! gave
the impression that he bad
said that there was mo
room for debate" on the Con-
stitutionality of any phase
Of the matter. So . reporter
asked this question at the
conference:
Question: Mr.. President,
you said last week, as I re-
call 1t, that there was no
room for debate about this
matter.
The President: No room
for debate about grants.
There is obviously room for
debate about loans, because
it has been debated. My view,
however, is that on the mat
ter Of loans, to the best Of
my knowledge and Judgment.
this has not been tested by
the courts, of course, in the
sense that grants have been.
But by my reading Of the
Constitutional judgments In
the EverSon case. my judg-
ment has been that across
the-board loans are also un-
constitutional"
But what was said in the
EverSon case as decided by
the Supreme Court of the
United States on February
10, l947? Here Is the per-
tinent quotation:
THE establishment of re-
ligion' clause Of the First
Amendment means at least
this: Neither a State nor the
Federal Government can set
up q church. Neither can
pass laws which aid one re-
ligion. aid all religions, or
prefer one religion over an
other. Neither can force nor
influence q person to go to
or to remain away from
church against his will or
force him to profess q belief
or disbelief in any religion.
No person can be punished
for entertaining or processing
Evening star., 1961-03-09
Question of Fund Loans and Grants
Believed Less Clear Than Before

~ HhAI SSbSS
religious beliefs or disbeliefs,
for church. attendance or
non-attendance. No tax in
any amount, large or small,
can be levied to support any
religious activities or inStitu-
tions, whatever they may be
called, or whatever form
they may adopt to teach or
practice religion"
Plainly the prohibition is
against any aid whatsoever
to religious teaching. There.
is no ban, however, against
aid to q religious institution
for anything that is not di-
rectly related to the teach
ing or practice Of religion.
Thus, in the bill which Pres
dent Kennedy has sent to
Congress providing scholar
ships for students who may
attend any institution, public
or non-public, religious or
non-Sectarian, there Is a
stipulation that $3.50 may be
paid by the Federal Govern
ment as q "cost of education
allowance" directly to the
institution itself to supple
ment the scholarship pay
ment made on behalf of the
student.
This is, Of course, q direct
grant Of aid and Is no more
related to the teaching Of
religion than any loan would
be which is repayable with
interest over q number Of
years.
The President was asked
at his press conference
whether he would veto q loan
bill. He said he would pre-
fer to wait and see the meas
ure before he made q deci-
sion, but his present view
was that such q bill was un-
constitutional. He added:
II think it is very clear
about what my view is Of
grants and loans acrosS-the-
board to non-public schools.
Now colleges are in q differ
ent category. Specific pro-
grams Of grants, even to coll
legeS which are non-public,
have been supported by the
Congress and signed by the
President. Loans and even
grants to secondary educa-
ton under some circum-
stances might be held to be
Evening star., 1961-03-09
B'nui Birth Session

The National Capital Asso-
citation Of B'nai Birth Lodge
will hold its annual convention
from $3.50 am. to S pm. March
10 at the B'nai Birth Build
ing. l640 Rhode Island avenue
NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14

drawsl amounted to $26,519,-
903, leaving a net intake of
$ll ,029.417. August loan dis
bursementS totaled sac. 664, 073,
while loan repayments amount
ed to $24,191, zoo, leaving a
difference of $16.472,877.
In July, a net savings intake
of $12.266. 460 was greater than
the $10,391,118 difference be-
tween loan disbursements and
loan repayments. In August
last year. a net savings intake
Iof $9,520,274 was smaller than
a net outgo of Sill ,497 ,604 of
mortgage funds.
Borrowings from the Fed"
increased to $39, 105,S16 on
August 81 from $32 ,800,916 a
month earlier. but remained
well behind $58,89S, O68 on Au-
gust 81 last year. The associ-
atoms held $51,774,663 of cash
on August 81 VS.. $50, 1885 a
month earlier and $37 ,062,9 42
a year ago.
Indicating an improved
mortgage portfolio, the asso-
Citations on August 81 held
$40 mortgage loans delinquent
two months or more. compared
with 584 in the preceding
month and 646 in August last
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
CHICAGO
LIVESTOCK

CHICAGO, Sept. IA (APl CUsDA).-
Hogs $500; active. butchers 30 lbs
up steady to weak, mostly steady:
weights under 210 lbs. steady to weak,
instances IS lower; sows steady to %
higher; good shipping demand: early
clearance: 100 head 1-2 go ID
butchers 1885; mived 1-2 and I-3
and % 2OO-25O lbs. Is.25-Is.6O;
numerous loads 1s.4O-fS.6O; weiEhts
over $50 lbs. scarce: mixed 1-3 IsO-
200 lbs. 17.5O-1s.25; load $50 lbs.
1878; mixed l-3 100000 ID. sows
15.5O-17.75; % 4OO-55O lbs. 1926
1875.
Cattle 500; calves none: slaughter
steers and heiers scarce. although sup
ply increased ny around 1900 head
carried from Wednesday; few sales
mostly steady; other classes mostly
steady: few loads and lots good and
choice 900-1,250 lib. slaughter steers
2.OO-24 rs; load high choice 1885
ID. weights 24.00; load mixed choice
and prime 1850 lbs. 24.25; few util-
lty and standard steers 20.00-22. 90;
! two loads choice S75-975 lb heifers
22.15-23.50 load choice and prime
1913 To-. heifers also 1880; few lots
good and choice heifers 2I.00-23. 90;
cutter. utility and commercial cows
l3:50-l6.25: Gamer cows IL .50-13.50;
utility and commercial bulls 1900
2O.5O: few GOOD vealers 22.OO-25.O0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
PEOPLE
IN
BUSINESS

Michael F. TOpica has been
named Washington regional
manager for the communica-
lions systems department of
ITT-Kellogg. He has served in
the Chicago office.
Thomas Ryan will be in
charge of a new Washington
sales and service office of Datex
Corp. at 4435 Wisconsin ave.
NV.
Ray Goldsmith has been APP
pointed sales manager for Blue
Reports, Inc. construction news
service published daily here.
Richard L. Parkhurst has
become sales manager for the
Baltimore marketing division
of Shell Oil Co. His division
includes the District of Co.
lumbia.
Marvin H. Pritcher has been
named manager of the Balti-
more district of Firestone Tire
& Rubber Co., which includes
Washington.
Richard II. Stalder, jr., has
been promoted to operations
supervisor for the B & r
Catering Service and Hubbard
House, Inc.
Albert BOrland, former vice
president of KHBK Advertis-
inv, has Joined Tech Serv.,
Inc, as director of advertising.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Cooke Engineering
Registers Offering

Cooke Engineering Co. of 735
North St. Asaph street. Alex
andria, Va, has filed a registra-
ton statement with the Securi-
ties and Exchange Commission
covering proposed public offer
ing of $4,000 shares of common
stock at $11 a share.
The offering would be made
on a best efforts basis by Jones,
Kreeger & Co.. which would
receive selling commission of
$1.10 a share plus an expense
allowance of an additional 2
per cent of offering price. The
registration statement also in
cludes 10000 shares underlying
five-year warrants to be sold
to the underwater at cent per
warrant if all shares are sold
to the public, The warrants
would be exercisable at Sill a
share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Baltimore Executive
On HeIicopter Board

William Griffin Morrel, ex-
ecutive vice president Of Black
& Decker Manufacturing Co.
in Baltimore, has been elected
a director of D. C. Helicopter
Always, Inc.
The new firm is one of the
applicants in the Washington
helicopter service case now
pending before the Civil Aero
nautics Board for authorize
ton to provide scheduled
helicopter services among
three airports serving Wash
ington and Baltimore.
Mr.. Morrell becomes the
18th member of the board,
which includes prominent civic
leaders of both Washington
and Baltimore. He is a director
of many companies, including
the Chesapeake & Potomac
Telephone Co. of Maryland
and the First National Bank,
Providence Savings Bank and
the Monumental Life Insur-
ance Co. all of Baltimore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
MOT ALL NEW
CAR NOW BOASTS
GASOLINE GAUGE

DETROIT tAP).-In a
satire on the high pressure
campaigns for launching
new models, the best-selling
foreign car came to De-
rroit yesterday boasting a
gasoline gauge and "a 10
cent item which we hope
will help save Los Angeles
from being devoured by
Smog."
The invader was Volks-
wagon with a showing of
its 1862 models. AS a cur
rent model and a new one
were placed side by side,
a WV spokesman insisted
Il have to be careful or
I'll forget which is which,"
This is the car that is not
all new" Carl Hahn, gen.
eral manager of Volks-
wagon of America, said
proudly.
The new WV had identi-
cal styling with past models
except for slightly larger
rear tail lights. Inside, the
biggest change is the addi-
ton of a gasoline gauge.
Until now it has had. in
stead, a reserve one-gallon
tank. This has been dis
con.tin u d as standard
equipment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Ford, Seeking
Broader Field,
To BuyP hiIco

DETROIT, Sept. IA (AP).-
Ford Motor Coin an effort
to diversify-plans to purchase
the assets of Philco Corp, one
of the Nations pioneer firms
in radio, television and cleo
tronics.
Ford and Philco directors
said yesterday they have agreed
in principal. No price was dis
closed.
The transaction, scheduled to
be completed November 30, is
subject to approval by Philco
stockholders and conditions of
tax laws.
Under the agreement, Philco
will become a wholly-owned
subsidiary of Ford. Ford will
take over Philco's assets and
liabilities and will issue and
deliver shares of Ford stock
to Philco stockholders.
Henry Ford II, board chair
man of Ford, said the purchase
will enable his firm ito broaden
operations, to provide entry
into new fields and make pos
sible a fuller participation by
our company in the national
defense and space effort"
The purchase agreement pro-
vides that Philco stockholders
will receive one share Of Ford
common stock for each Az
shares of Philco. Preferred
stockholders, will recelve-for
each share of Philco Ford
stock of value equal to SOL so,
plus cash for accrued and I'M
paid dividends. Exact ratios
will be based on market value
of Ford common stock shortly
before completion of the trans
action on November 80.
AS of September /, there
were 4.104.033 shares Of Philco
common and 100000 shares of
Philco preferred stock out
standing.
In the first quarter of 1861
lending April q, Philco lost
81 .605,000. Since then, it has
received a total of $685. mil
lion in defense contracts-two
from Air Force for guidance
systems and a third for de-
veloping a fuse for the Ser
geant missile.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Lending Is Expanded
By Associations

More than $3.50 million Of new
mortgage bans were made by
the q member associations OF
the District Savings and Loan
League in the first eight months
of this year, an increase of 22.5
per cent from a year ago, the
leagues monthly report showed
yesterday.
The eight months total OF
$3.50, 736, 066 compared with
$188.357,6 500 in the same 1860
period. Construction loans OF
$82, 578150 were up 1913 per cent
from $74.538.360 a year earlier.
Home purchase loans of
$108, 770,367 were 23.5 per cent
ahead of $88, 116,817 a year ago,
while other loans of S39.337. $40
were 52.7 per cent above $685.
693.425 in the same period last
year.
The outflow of mortgage
funds exceeded the net intake
of new savings in contrast to
the trend in preceding months.
AS a result the associations had
less cash on hand on August 81
and increased borrowings from
the Federal Home Loan Bank
System.
New share accounts in August
totaled S37, 549,320, while with
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Regional Hearings
On B&O Planned
BY the Associated Press

Regional hearings will be
held on bids of two railroads
to acquire control of the Balti-
more & Ohio line. the Inter-
state Commerce Commission
announced today.
ICC Examiner John L. Brad
ford said the hearings will start
September Is if sessions now
being held in Washington can
be completed by September %,
Places and dates for the field
hearings will be announced
later.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14


of st. Louis as board chairman.
The executive changes were
announced today following a
board meeting in Boston, where
directors attended the opening
of a new store of the chain in
suburban Saugus. Both Mr..
Rosensweig and Mr.. Marcus
will continue to m aintain
offices in Washington.
=. New Stores to Open
Chairman Wolfson announced
additional G. E. M. stores will
be ready for fall openings in
Omaha, Nebr.; Denver, Colo;
Baltimore and San Jose, Calf.
The chains store total will rise
to Is at the year end.
For 1862 a total of IL more
stores will be opened, Mr..
WolfSon said. Among these will
be a fourth Washington area
store at nearby Tyson's Corner,
Va, and a second Baltimore
store.
Others will be built in Rich
mond. Harrisburg, Pa; Tren-
ton, N. j.: Detroit, st. Paul,
Mimi; Kansas City, Mo-; San
Francisco, Seattle, Wash, and
a second in Boston.
The new Washington and
Baltimore area stores, scheduled
tor 1862, will have 10000
square-foot food supermarket
departments. Plans are being
made to add grocery depart
ments of around 10000 square
feet each to existing G. E. M.
stores in Bethesda and Alex
andria. These will be opened
early next year.
Sales Jump Seen
= The chains new president,
Mr.. Rosenweig, predicted its
gross sales will exceed 500
p1illion this year and increase
to SITS million in 1862, Sales
amounted to $37 million in 1853
and SCI million in 1860.
Twelve stores now are OPP
Grating in Alexandria; Hyatts-
vile and Bethesda. Md; Min
neapolis, Mimi; st. Louis Cd;
Kansas City; Denver; Wichita,
Kans.; Honolulu and Hilo, Ha-
waii, and Boston.
Mr.. Rosensweig, who also IS
chairman of G. E. M. Inc.
Washington Baltimore subsidi-
airy of the chain, predicted that
G. E. M. will have more than
l,250,000 member families by
the end of 1862.
Other officers of the chain
were elected as follows: Ber-
nard Kritzer, executive vice
president; Isaac Danzig, ex-
ecutive vice president and
treasurer; Joseph Bloom, vice
president; Lewis Corbet, vice
president and assistant Sec
rotary; Louis Isaacson, secre-
tary; Jack Scofian, assistant
secretary and assistant treas
urer, and Byron Sacher, as
sistant secretary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Records Set
By Drug Fair

Sales of Drug Fair-Commu-
nifty Drug Co. increased to
$24,095,268 in the first eight
of this year, a gain of
24.8 per cent from $19,3O0,382
in the same 1860 period, re-
ported President Wilton L.
today.
August sales of $3,156,5 89
also we're at a new peak for
that month, with a gain of
22,9 per cent from $2,569,524
in August last year.
Drug Fair had IS stores OPP
on August 81, compared
with SIS on the same 1860 date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Robinow Firm Adds
Director, Officers

Directors of Rabinow En-
cheering Co., Inc, have elected
an additional board member
and four new officers, and the
firms sales and backlog are
reaching new highs, it was an
lounced by Jacob Rabinow,
president and board chairman.
Harry Rubenstein, president
of Sprague of Wisconsin, Inc,
a subsidiary of Sprague Electric
Co., is the new director.
Arthur w. Holt has been pro-
NOTED to vice president in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
LogEtronics Gets
Professor Patents

LogEtronics, Inc. of Alex
andria has acquired the Litho-
flo Graphic Arts film professor
patents and related business
from the Xerox Corp. of
Rochester, N. Y, through spe-
cial arrangements with the
inventor.
President Richard N. john
son, LogEtronics president, said
the Lithoflo professor will per-
nit LogEtronics to penetrate
the graphic arts market more
rapidly and on a broader scale
than previously anticipated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
BUSINESS
BRIEFS

Commercial and Industrial
Loans in the week ended Sept.
6 increased $38 million to
S3l,5l4,000,000 at reporting
member banks in leading cities.
The total was $3.50 million
higher than a year earlier
Federal Reserve Board.
Wholesale Commodity Price
Index of 80 commodities on
Monday was 274.36 VS.. 273.06
the week before and 267.45 a
year ago.-Dun & Bradstreet.
Steel Products shipped in
July totaled 5,120,808 net tons
compared with 6,133,519 in
June.-American Iron and Steel
Institute.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14

expected death can be to a
company, consider that case of
Mr.. A-who collapsed and died
at his desk one month after
he had been elected president
at $4,000 a year under a five
year contract providing for
payment of a substantial sum
to his family in the event of
his death. The company then
had to fulfill the contractual
agreement for monthly pay
ments to the executives family.
1t had to go through a pro-
longed, expensive process of
hiring and grooming a new
president. During the period,
its sales plunged, its profits
shrank.
Illustration Offered
AS another simple illustra-
ton, consider the case of Mr..
who at 81 and up to the
100000 a year level, had a
stroke. Because he had been
with the company 80 years, the
management decided to keep
him on the payroll at $4,000
a year until he reached IS and
became eligible for the pension
plan. Cost: $4,000.
These are examples and they
explain why the trend is accel-
Grating in industry toward
regular health examinations
for executives. Surveys indicate
that about 70 per cent of large
corporations now have some
program for periodic health
examinations of their execu-
tives and AZ per cent require
the checkups annually. The
realization of the cost of execu-
tive illness explains too why
there is a growing trend toward
major medical expense insur-
ance to protect the individual
and the company.
The conclusion of this book
is that if you're an executive,
your chances of avoiding dis
ease or disability before re-
tirement age are about nine
out of 100. Whether you're
earning $500 or $4,000, check
your health regularly.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-09-14
Dividend Declared
By Security Bank

Directors of the Security
Bank have declared the usual
semi-annual dividend of 6 per
cent or $3.50 a share, reported
Francis G. Addison, jr., board
chairman.
The dividend will be paid
September 20 to stockholders
of record September Is.