davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04
INVESTORS
INVESTORS
! of 3 D. c. Brokers
Found to Be Unsafe

Continued From Page Al
has been duplicated on a small
err scale by the customers of
other firms.
These newcomer firms have
opened their doors with promo
tional fanfare, accepted money
from their customers to buy
stock and closed their doors. In
some cases. they have protected
their investors. But, in other
cases, the customers have been
seriously hurt.
A Star survey Of more than
so firms which have opened for
business here since January
1860. showed that approx
mately one-third of them have
already gone out of business or
been put out Of business by the
SEC or the National Association
Of Securities Dealers.
In one recent week alone, two
Washington firms were expelled
by the dealers group and three
Washington firms we're named
in actions launched by the SEC
Since the start of 1860. the
SEC has obtained injunctions
against II Washington firms
and revoked the dealer registra-
tons Of nine firms. The SEC
regional office covers Penn
sylvania, Maryland, Virginia,
West Virginia. Delaware and
the District. but in the past
two years. half the SEC actions
against broker-dealers through
out the region have been against
Washington firms.
During the same period, the
National Association of Secu-
rites Dealers district commit
tee has filed formal complaints
against A Washington firms
expelled 18. suspended one and
fined 20. It has revoked the
registrations of 19 statesmen
and fined two a total of $4,000
The closed doors, the in
functions. revocations and COM
plants do not happen over
night. Before a firms mex.
perience, lack of operating
capital or questionable activ-
tiles leads to formal action
plenty of customers have had 9
chance to lose their savings.
Both the SEC and the deal.
ers' association report that evi.
dence of violation of rules de.
signed to protect the investing
public is worse here than any.
where else in their regions.
Both bodies are aware of thu
prime cause: Washington ha.
no local law to safeguard in,
vestors against questionable o.
financially unfit dealers.
No Local Control
Unlike most States. Wash
ington has no local control owe
the dealers or the stocks the,
sell. 1t has no Requirement
that broker-dealers be exper,
fenced or trained before COINS
into the business of handling
other peoples money. 1t ha
no local control over statesmen
1t also has no requirement tina
broker dealers have any none,
of their own before they q
into business.
With more stringent regula
tions going on the books il
many Eastern States. pro
motors have gotten out on
step. ahead Of legal action ant
moved into Washington wher,
they feel comparatively SAT,
until the SEC or the dealers
association catches UP with
them.
Out-of- town firms with n,
stock exchange connection
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04

those in the upper career
brackets.
There is indication that Pres
ident Kennedy will trim the
proposed $4,000 a year top
career ceiling to about $21, 500
or $4,000 before sending it to
Congress.
The administrations entire
pay plan is based on COM
parability" with industry pay.
Figures used are those compiled
by the Bureau of Labor
Statistics.
BIS THE KEY. The admin
istration would like to make
Federal salaries comparable
with industry Immediately, but
because of the cost involved has
asked Congress to stretch out
the increases over a three-year
period.
Once compatibility is reached
administration officials feel
that the annual BIS salary
figures could be used by Con-
gress as an accurate barometer
to adjust Federal salaries in
the future to keep them on a
reasonable parity with industry
Administration officials DOM
envision annual adjustments OF
Federal classified and postaI
salaries in the future, but fee
that whenever the situation
, calls for it, Congress could bt
expected to take action to ad-
: Just pay at least every two OIL
. three years.
The administrations pay
plan also is expected to call fol
more flexibility in the salary
schedule, with more within
: steps to each salary grade il
order for agencies to have mor'
! leeway to make merit raises anC
, to adjust salaries within a grade
r to meet industry pay trends.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04

made 1t clear that other actions
against Washington firms are
expected.
Tomorrow: Stock selling tech
niques Of shoe string operators.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04
Kennedy News PorIey

President Kennedy will hold
a news conference Wednesday.
the White House said yester-
day. The time will be an
nounced tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04

In special BeItone advertisement in the Feb
ruury Readers Digest. Arthur Godfrey suggests
how you. too. moy hear osoin-eleohy and
eosily-thunks 10 remarkable BeItons hearing
oids. Godfrey describes O FREE 2s-pose book
thot tells about the new BeItones end reveals
oil the wonderful foets on new hope for the
hord-of-heorins. For your copy, rushed TO you
in o plain wrapper, moiI coupon. phone or stop
by TODAY! No obligation.
The Mississippi enterprise., 1962-09-01
New Legislation on Voter Registrations

Three bills recently enacted by the 1862 Misss-
sippi Legislature and in effect herewith de-
scribed matter of timely interest with regard to
procedures for registering and voting:
House Bill No.822: This act requires publication of
the name and address of all applicants for registration
to vote in Mississippi Within ten days after person
has applied to vote the registrar must publish his
and address week for two consecutive weeks in
the local newspaper.
These names are published under heading entitled
Applicants for Registration to Vote If within four
teen days no qualified eecor of the county shall have
challenged the good moral character of the applicant
the registrar will determine whether applicant has
piled with the voter requirements.
House Bill No $780, This act requires person to be of
good moral character to register and clarifies what
must be paid in order to vote
House Bill No. 904 This act provides method for
third person by affidavit to challenge the good moral
character OF applicant to register to and the
sufficiency OF any application to register to vote
The Mississippi enterprise., 1962-09-01
Winono News
STATE SUNDAY SrHoor

STATE SUNDAY SCHOOL
AND BTU. CONGRESS. Aux
iliary to the Progressive Bap-
tist State Convention of Mis-
sissippi, held its Eighth An
nual Session with the First
Baptist Church, Rev. L. v.
Powell, Pastor. The session
o p e n d with Rev. A. w
Moore, President, Rev. S. H
Jones, 1st. Vice President.
and due to the illness of Rev
Moore, Rev. Jones, Presided,
and the entire meeting was
very good. The Local Pro-
gram was very good, and each
day the Instructors was on the
job and 70 odd, students re-
ceived Credit Cards for the
fine work that was accom-
plished at this Session, Rev.
L. S. Sorrell, President of the
Progressive Baptist State Con-
vention, delivered a great in
spring message, Rev. j. S.
Saffold, Rev. D. r. Royal,
Rev. c. L. Golden, and 9TH
ers brought inspiring messa-
ges, Rev. S. H. Jones, Deliv-
cred the Presidents annual
message, Rev. A. c. Dade,
delivered the Deans Address
which was very good. The
Young People rendered a very
fine Program, and Rev. Char
les L. Dinkins, of Memphis,
Tenn. Delivered a most help
full Address, and others that
l do not have space to men,
ton. And the good People of
Winona, Miss. well cared for
all the people.
The Mississippi enterprise., 1962-09-01

ter is to be commended for the
splendid and beautiful way il
entertained the Convention
Mrs. Gladys Lee is president
and other members and the
committees on which they
served are: Housing and Reg
istration, Sorors Maizell Nc
Cullough, Chairman, Olivia
Lewis, Jane r. Bosfield; Hos
pitality, Gladys Lee, Chrm.
Leola Lewis, Eleanor Brown;
Souvenir Program, Josephine
c. Funderburg, Chairman
Inez Neal, Co-chairman; FL
ance, Eleanor Brown, Chair
man, E. June Smith, Maizell
Mccullough; Publicity, E. Jone
Smith, Marta Harris, Dorothy
Lockett; entertainment: Lett
ia S. King, chairman; Marta
Potter, Inez Neal.
National Officers of Iota
Phi Lambda Sorority, Inc, by
Past National President Alice
Allen were: Mrs. OSSie w.
Mitchell, Birmingham, Presi-
dent. Mrs. Mahala S. Evans,
Chicago, 1st Vice; Mrs. Alma
Mackey, Dallas, Texas, End
Vice; Mrs. Beatrice Crawford,
Philadelphia, Pa, Journalist;
Mrs. Dana chatham, Miami,
Secretary; Mrs. Arlena A. Har-
rison, Mobile, Ala, Treasurer;
Mrs. Helen E. Newberry, Dean
of Pledges, Washington, d. c.;
Mrs. Montrosa Frazier, Wash
ingtOn, D. c., Director of Edu-
cation. Regional Directors
Elected were: Mesdames Cath
crime Johnson, Southern; Nor
ma Wilson, Far Western; Ka.
tie Johnson, Eastern; Henrine
Vincent, Western: Ethel Mays,
Southwestern; ........
Northern.
The Convention goes to
Youngstown, Ohio in 1868.
Iota Phi Lambda Sorority an
incorporated business sorority
was founded in Chicago, Ill. in
1929 by Mrs. Lola M. Parker
business woman and six 9TH
The Mississippi enterprise., 1962-09-01
Toto Phi Lombdo =
Continued from Page

Continued from Page u
Lambda members and parti
cularly stressed courageous
programs stating that "indivi-
dualS and organizations in
leadership roles must fearless.
ly align themselves on one
side or the other with contro-
versial issues, especially when
human rights or civil liberties
are at stake" This handsome
award was presented by the
Second Vice President, Mrs
Mahala Evans.
Another feature of the Edu-
cations Program was the ap-
pearance of Miss Marvin Jean
Harris, recipient of Iota's 1861
National Scholarship. Miss
Harris reviewed in statistical
information the value of pur-
suing business education and
the need for more qualified
business trained young people
into the many varied new
fields of business administra-
tors in this Atomic Age.
Climaxing this program was
a dynamic address by Atty
Nathaniel Colley of Sacramen-
to, California. A member of
the California State Board of
Education and legal council
for the National Association
for the Advancement of Col
ored People on the West Coast,
he brought a message that was
inspiring and challenging. Mu-
sic for the Educational Pro
gram was presided over by
Mrs. MontroSa r. Frasier, Nat
ional Educational Director,
Washington, D. c., was rend-
cred by the Joseph S. Powe's
Song Crafters; Mrs. Alvernon
Tripp and Mrs. LeEtta S.
King. Spiritual Meditations
were given by Rev. Samuel B.
Mckinney of Mt. Zion Baptist
Church and the benediction
given by Rev. John A. Huston
of St. David's Episcopal
Church.
AS has been the case the
past two years, the officers and
National Committee Chair
mems reported in panel form
showing growth and progress
chapter, regional and national
wise. Reflected in the Resolu
tions adopted by the Conven
tiontion were the desires and
determinations of all officers
and members to continue to
work until first class citizen
ship is enjoyed by all people
of the world.
Another outstanding feature
of this Convention was the
PNOC (Past National Officers
CounciD Breakfast, hostessed
by Mrs. Airline j. Yarbrough
the 1862 Convention Coordina
tor in her lovely home.
Beta Kappa the Host Chap.
The Mississippi enterprise., 1962-09-01
Church destroyed
in New Orleans
NEW ORLEANS

NEW ORLEANS -
: More than 800 worshippers
stood nearby and watched
with grim faces as fire de-
stroyed one of the oldest
churches in this city. A few
moments before, they had
been attending mid day
services at Union Bethel
AME church, which erected
its first building on the site
in 1862. Damage was esti-
mated at $4,000.
The Mississippi enterprise., 1962-09-01
Johnny Moths On
Ed Sullivan Show

NEW YORK - Johnny Ma
this and the Mcclure Sisters
will headline the Sept. 2 Ed
Sullivan Show.
Mathis songs will inc u d e,
"Marianna," Love, Loo k
Away" and Love-" and the
Mcclure Sisters will sin e
That's A-Plenty' and you're
Driving Me Crazy
The Mississippi enterprise., 1962-09-01

Among new teachers at Bay
Springs Colored school are:
Mrs. Viola Merriweather, Mr..
Leon Davenport, Miss Doris
Thlgpen and Mr.. and Mrs.
Elijah Cross. These were add
ed to the list since it was first
published.
The Mississippi enterprise., 1962-09-01

/
Kennedy is expected to name
Carl T. Rowan, top-ranking
Negro in the State Department,
as a member Of the u n it e d
States delegation to the United
Nations General Assembly open
ing this month.
Appointment Of Rowan to the
UN delegation was expected to
be announced this week by in
formed sources on Capitol Hill.
Rowan, as assistant secretary
Of state for public affairs, holds
the highest position ever held
by a Negro In the State De-
partment.
SINCE HIS jan. 25, 1861 ap-
pointment he has made num-
erous public addresses on wide
ranging subjects, includ i n G
civil rights and the need for
strong U. S. support of t h e
United Nations.
Rowan, SO, had a I2-y e a r
career as a copy editor and
reporter for the Minneapo j s
Tribune before coming to Wash
ington, and also was an author
and a lecturer.
Soft-spoken but of strong OPT.
ions, he has serval firsts to
his name.
IN 1874 HE was one of the
first Is Negroes to win COM
missions in the Navy's VIZ Of
|ficer training program,
er dedicated women who were
engged in similar occupations.
It's main purpose is to encour-
age girls and young women in
the pursuit of business and
business training.
The two National Honorary
members join the rank of the
following other distinguished
women who hold honorary
membership in Iota Phi Lamb
da: the late Mrs. Mary Nc
Leod Bethuns, Mrs. Ada Crog-
man Franklin, Mrs. E. Wash
ington Rhodes, Mrs. M. l.
Smith Morgan, Mrs. Edith S.
Sampson, Mrs. Mai Edith
Wiles Padmore, Mrs. Irene
Gaines.
Do not blame God for the
harvesting when Won vourSelf
The Mississippi enterprise., 1962-09-01

A Singing Program will be
held at Phalti Church early
next month. The date and par
ticipants will be announced
later.
The Mississippi enterprise., 1962-09-01
Boy Springs
News
Mr.. L. C. PeytOn, Agent

Miss Virgie Haywood and
her two children, Mack and
Jerri were houseguests of Mr..
and Mrs. l.. c. Peyton and
sons last week. Miss Haywood
lives in Hattiesburg. Many So
cial courtesies were shown
them during this visit.
The Mississippi enterprise., 1962-09-01

Do not blame God for the
harvesting when you yourself
do the sowing.
Evening star., 1962-06-27
Kennedy Urges
Generous Support
Of UGF, Chests

President Kennedy has urged
Federal, civilian and military
employees to give generously to
this falls annual United Givers
Fund and Community Chest
campaigns.
Mr.. Kennedy asked the
employees to contribute in a
memorandum sent to heads
Of executive departments and
agencies.
Defense Secretary Mcnamara
again was designated by the
President as vice chairman for
the Federal Government of
United Community Campaigns
of America.
THE United Fund and Com
munity Chest campaigns pro-
vide us with an opportunity to
contribute to a wide variety
and a large number of organ
izations through a single ap-
peal" Mr.. Kennedy said. I'VE
who work in the Government
want to assume our full citi-
zen's share of the voluntary
support of health and welfare
services" he added. 3
Evening star., 1962-06-27

OAlC III WeSCeTn LAOS, Lle OL0e1
in the southern panhandle.
If the pro- Communist forces
Ioverpower the wobbly Laotian
coalition government and move
to control the northeast Sec
ton Of Laos, east of the Me-
kong, the floodgates could lie
opened.
Communist forces in the area
the Wet Cong in South Wet
Nam, the Laotian Pathet Lao
land other assorted varieties
could infiltrate from Laos over
the mountainous, i'll defined
borders into northwest Thai
land, or through the loosely
marked bush country border
with east-central Thailand.
Then Thailand would have
become the next host to the
Communist cancer in South
east Asia.
Big U. S.-Thai Fear
That is Thailand's deepest
fear - for which the United
States has recently shown in
creased understanding with the
recent dispatch of American
soldiers and Marines.
President Kennedy decided,
about February, 1861, appar-
emily, not to send American
battle groups into Laos. If he
had, he might have built a
buffer layer in Laos well above
the Mekong and saved some
Of the worries now developing,
many observers here contend.
The plan backed here would
have set up a sort of SEATO
"tripwire" along a line that
would have roughly bisected
Laos "the long way" from Nam
Thai, recent focus of activity in
the west; to Luang Prabang,
the royal capital; to Xieng
Khouang, which commands the
crossroads Plaine des Jarres
In central Laos; and into the
panhandle through Khan
Keut, Thakhek, Tchepone, Sar-
avone. Pakse and Attopen.
In the panhandle there also
would have been an opportu-
nifty to interdict Wet Cong sup
ply routes through Laos from
North Wet Nam to Red guer-
rillas in South Wet Nam.
1t was the argument at the
time that light garrisoning by
United States and other SEATO
troops at a half-dozen or so
points along this line would
have nipped the Red advance
into Laos early, at relatively
low cost.
The world was given to be-
lieve that France, and to a
lesser extent Britain, had
quashed the plan for a SEATO
line well inside Laos. This was
only the cover" story, accord
ing to some well informed
diplomats here who were in
constant touch with the 1861
crisis as 1t unfolded.
Decision Against Entry
President Kennedy could
have decided in the case of
Laos, then, as he did in Thai
lands in 1862, to go it alone,
these sources say, and the
facade of SEATO unity could
have been patched up later.
From Thailand's standpoint,
President Kennedy's decision
was an unhappy one, since it
brought the menace of Red
guerrilla penetration closer.
From the United States
Evening star., 1962-06-27

This is the fourth in a series Of reports
on the problems the West foees in
Southeast Asio.
standpoint. however, Mr.. Ken
nedy decided, moving into Laos
would risk heavy involvement
in a country that was virtually
indefensible by modern arms.
Laos has not one foot Of
railroad. 1t has neither the
roads nor the airstrips nor, most
Importantly, the will to be
saved.
May Still Fight in Laos
All this does not mean that
the United States will not in
the end fight in Laos. Mr..
Kennedy has now positioned
American forces for moves into
Laos, should they be necessary.
He could decide, for instance,
to hold the two strips of Laos
which lies on the Thai side of
the Mekong.
He also could decide, for
purely psychological reasons. to
add an official American COM
bat-forces presence to the royal
capital Of Luang, Prabang, or
to the administrative capital Of
Vientane, or both, particularly
if Wet Mini troops do not leave
Laos.
Or the Wet Cong pressure
on South Wet Nam through
the panhandle of Laos could
become so severe that the
United States might want to
move against the Soviet air
lift or interrupt overland traf-
fic along the Ho Chi Mini
trail from North Wet Nam.
But unless the Reds make
some serious new threat, Presi-
dent Kennedy need not face
Immediately these grim deci-
Sions to seek a military solu-
ton for the Laos -Thailand
problem.
Tomorrow: Moves in South
Wet Nam.
Evening star., 1962-06-27
tekong River i've II Anchors
u. S. Strategy in Asio
BY EARL H. VOSS
Star staff Writer

BANGKOK, Thaland-United States strategy in South
east Asia is based on the Mekong River.
Where the forms the border between and
land is barrier from which troops now backed BY
United States and SEATO forces thrus
The Mekong however flows well two points
Evening star., 1962-06-27

Washingtons leading stamp program is proud to an.
nounce the grand opening of the first Top Value Stamps
Redemption Store in the District of Columbia
Carpeted wall-to-wal, beautifully appointed with
sparkling fixtures and stocked with the finest premium
merchandise the new store will open its doors to the
public Thursday, June q at 1000 AM All the beau
tifu merchandise shown in the new 1862 Family Gift
Catalog will be on display.
Come in Thursday, Friday or Saturday :. browse to
your hearts content and be to register for those
wonderful door prizes to be awarded at 500 PM Sat-
wday! You won't have to be present to win.
Evening star., 1962-06-27
!. Visit these other
Top Value Stamps
Redemption Stores:

3445 N. Fairfax Drive, Arlington
7242 Wisconsin Avenue, Bethesda
367S King Street, Alexandria
300 Queens Chapel Road, HyattsvilIe
1858 Branch Avenue, NARROW Heights
Annandale Business Center, Annandale
White Oaks Shopping Center, White Oakl
Evening star., 1962-06-27

This is the fourth in a series Of reports
on the problems the West faces in
Southeast Asia.
Evening star., 1962-05-02
Suit Would Add
DC. to Maryland
Election District

william A. Albaugh, a can
didate in the Maryland Demo
cratic primary, has filed q civil
suit to have the District Of
Columbia included in Mary
lands national election district.
Mr.. Albaugh of 1858 Chill
lum road, Mount Rainier, is
seeking nomination for the
post Of CongreSsman-at-large.
His suit was filed yesterday at
District Court in Washington.
The suit said the House clerk
erred in emitting the District
from Maryland's 1860 appor-
tionment.
Its inclusion would have
given Maryland nine Represent
atives instead Of eight, Mr..
Albaugh said. In his suit, the
candidate asked District Court
to remedy the situation.
Mr.. Albaugh said Washing
ton originally was part Of
Maryland's national district.
He said it never was trans
ferred out and. in his view, is
still a part Of the Maryland
district.
Failure to include Washing
ton in the national election
district, he said, deprived
Maryland Of a Representative
and could invalidate the pres
ent Congressman-at-large cam
paign,
Evening star., 1962-05-02
Recreation Space
Asked of Navy

Secretary Of Interior Udall
yesterday urged the Navy to
improve the natural resources
of the land on its bases and
reservations so this property
can be returned as public rec
reational areas when no longer
needed for defense purposes.
The Federal official told a
Bureau of Yards and Docks
luncheon at the Naval Weapons
Plant that a great number Of
Navy installations are within
or near metropolitan areas.
Though many are not great
in size, they constitute the last
remaining potential open
space" Mr.. Udall said. Think
what 1t would mean to our fu-
ture generations If we could
return these lands to them sas
recreational areas when they
are no longer needed for defense
purposes
"I have no thought Of doing
anything to prompt you to dis
pose Of your lands-but I am
going to press to have all
suitable excess military land
reserved for outdoor recrea-
tional use"
Evening star., 1962-05-02
SEERSUCKER
has come up in the fashion world!

Seersucker suits costumes, dresses take new fashion airs
flourish free breeze to wash and wear all summer Find
yours among these and other styles for hoe town. trove in
cotton Ae tocetote- cotton Docron poFester and
cotton At all six JeIeff stores!
Evening star., 1962-05-02
Door Prize Of vsHdeme
SimuIated poaVls

Drop your cord In the box at
our iewelry counter. T Street.
Well drow for the lucky
winner dolly, Thursday, Fri-
doy and Saturday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-10

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