davidaulloa/AmericanStories huggingface dataset:
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1962-01-12
Sum and Substance:
Nehru, The Unwise Man
From The East
by Fir. John B. Sheerin, esp.

that has brought the world
organization to the edge of
disaster.
MANY COMMENTATORS
have been saying that the
East is renouncing its spirit
ual wisdom and is taking on
the worst features Of Western
civilization. Certainly no West
ern nation has engineered in
recent times as renulsive a
form of "imperialistic colon
ialism" as the Nehru rape of
Goa.
Instead of imagining Nehru
had inherited Gandhi'S spirit
ual genius, we should have
consulted his writings. They
give a clue to his philosophy
of life-and what a different
philosophy from that of the
Indian holy man! In his eds
covery of India" for instance,
Nehru said badly: Essential
Iy | am interested in this
world, in this life, not in some
other world Or a future life"
AND IN AN INTERVIEW
regarding communism in Asia,
he said: "In an ultimate analy-
sis of the economic problem,
it doesn't matter much what
theology or argument one adj
vances. The policy or program
that ultimately delivers the
goods will prevail" 1t can
surely be said that his mill
tary coup in Goa delivered
the goods.
The collapse of the Nehru
Continued on page 81
The Catholic times. [volume] (Columbus, Ohio) 1951-current, 1962-01-12

Editors note: Many in-
teresting and provocative.
opinions must be omitted
each week because the
writer fails TO sign his
or her name and address.
Initials or a penname will
be used upon request but
The sender's real name
and address must also be
included. Send your opin-
ions to Letters to the
Editor" The Catholic
Times, Box $50, Column
bus 10, Ohio.
, 1962-06-27
Son Judn

Son Judn..
ton"
The article concludes:
Following a quick trip
to the island by an aide to
President Kennedy, Off
Gals decided a transfer was
the best way of restoring
harmony.
, 1962-06-27

New York. The gift was re-
ceived and blessed by the
Rev. Robert Fellows, pas
tor of the church.
, 1962-06-27
FOR RENT

Until October IS and pos
sibly longer, beautiful at
trictively furnished three
bedroom, three-bath home
adjoining Golf Course at
Estate Carlton.
Only $4,000 per month
Contact Hotel Carlton office
, 1962-06-27
DOMESTIC HELP

Experienced domestic worker
from Antigua desires employ
ment with family in continen-
tai U. S.
Excellent references
Box 3O5 : Frederiksted
, 1962-06-27

plans to hold a reception
in her honor this Sunday
afternoon at 500 at the
ballroom in Government
House"
Evening star., 1962-02-12
CHICAGO
LIVESTOCK

CHICAGO. Feb. 12 (AP)-UsDA)
-Hogs $500; rather slow, butchers
and sows 25 to 30 lower: good ship
ping demand: 1-2 19O-225 ID butchers
17.50-1775: 80 head, at 17.75: mixed
1-3 10000 lbs l7.0O-17. so; mostly
17.00-1725; 100000 lbs l6.5O-17 90:
"a 240-2S0 lbs 16.OO-16.75: 30
300 lbs 15.75-16.25: largely IS BOO
aa339 lbs M !5.;0!.o-115.z5 .!. MIXED il I-3 200 30O
800 lbs 13.00-l4.50
Cattle $4,000; calves 100; trading
prime steers q s5 to 50 hi cher. c lover @
grades steady to 25 higher; heifers
and cows steady to strong; bulls steady
to 25 higher; vealers and stockerS and
feeders steady: two loads prime 1925
lb slaughter steers 2S.75: bulk high
choice and prime 1,l50-1,400 lbs
27.75-2S.50; choice 900-1 .45O lbs
26.0O-27 80; load lots mixed good and
choice 25.25-2575: good largely ~ 80
$500; few utility and standard 1900
1925: choice heifers 25.25-26.5O:
couple packages 26.75-27. 90: good
% .25-25.OO; few utility and standard
16.50-22 100: utility and commercial
cows 14.00-l6.OO; Gamers and cut
ters 12.50-15.50: utility and COM
mercial bulls. 19.OO-21 %; standard
and good Vealers 20.OO-27. 90: couple
of choice 200; medium and good $50
ID feeder steers Gals.
Evening star., 1962-02-12
Shipping Group
Orunnized Here

Organization of the House.
hold Goods Forwarders AS
sociation of America by 80 large
national companies in this
field was announced here to-
day.
An executive director will be
named and offices established
shortly, it was announced. The
30 member firms represent
about half of the total COM
panies in the business of door
to-door movement of household
effects.
A protein executive COM
mittee has been named with
two co-chairmen. They are: r,
B. Coates, Republic Van &
Storage Co. of Los Angeles, and
Jerome Slater, Containe r
Transport International, Inc,
of New York City.
Evening star., 1962-02-12

er output of electrical current
required. The device weighs
about 10 pounds; compared to
the present air-conditioning
generators "a pounds. It re-
quires no periodic mainteance.
- y y Il
James E. Browne has been
named assistant general sales
manager and frank r. Raso
business management manager
Of Capitol Car Distributors,
Ltd. Volkswagen distributors
in the Washington area. i.
Lincoln-Merc is reporting
retail deliveries in January at
27,65l-the highest for the
month in seven years. The
District joins nine States which
will be using reflective license
plates. Willys plans to put
a Jeep assembly plant at Lu-
saka, capital of Northern Rho
desia.
Evening star., 1962-02-12
PEOPLE
BUSINESS

John E. Baumgardner has
been appointed divisional sales
manager in the WASHINGTON
branch of the Upjohn Co.
John T. Goodwin, Jr., tech
nical director of the Corn
Industries Research Founda-
ton, Inc, here, has been
named 1862 chairman of the
American Chemical Society's
Division of Carbohydrate
Chemistry.
Bill G. WhOrtOn has been ap-
pointed general manager of
WORLD, the weekly compact
international newspaper pub
lished in Washington.
William F. Flanders assistant
cashier of the Mount Vernon
Bank & Trust Co. and manager
of the Baileys Cross Roads
office, has become treasurer of
the Northern Virginia Council,
Girl Scouts.
Evening star., 1962-02-12

cordlng TO 3. Z. Knudsen
Chevrolet's general manager.
The Monza convertible will
be only so inches high at the
windshield. The top is manual
but a power top is offered as
an option.
Next newest thing-and a
fabulous creation it is-you'll
hear about is the British Jag
uar Mark X, priced in the
81, 200 bracket.
Jaguar Cars, Inc, of New
York, United States subsidiary
of the Coventry firm, has put
a Wednesday release date on
photos and as yet there is only
one of the Mark Ks in town
at the Roosevelt distributor
ship.
First Washington area or
ders likely won't be filled until
late March or April, Manhat-
tan Auto said last week.
Renault says their typical
owner is a young, well-educated
suburbanite who hasn't reached
his maximum earning level.
A survey by the French auto
firm points significantly to a
market nucleus of owners in
the Is to 39-year-old group
who have attended or gradu-
ated from college.
Sixty-eight per cent of the
Renault owners are married: !:
30 per cent live in the city or
suburbs and they have a me-
dian income of $7,28O.
American Motors is introduce
ing a new two-door sedan in
the Rambler Ambassador V-8
lineup.
1t will be available in the
400 and Custom series; carry
suggested advertiSed-deli
prices, including Federal tax,
OF $2,410 and $2,551.
+ Il \ +
Pontiac is replacing genera
tors with a new, Self-rectifying
current generator called the
Delcotron, but the device is
going largely into air-condi-
toned cars because Of the high
Evening star., 1962-02-12
Sears Names
Cushmun as
Next Chief

CHICAGO, Feb. IL (AP). -
Austin T. Cushman, who joined
Sears, Roebuck & Co. as an
extra salesman in 1881, was
chosen today as chairman OF
the board and chief executive
officer to succeed Charles H
Kellstadt, who will retire
May IA.
Mr.. Kellstadt, IS, announced
Thursday he will retire at q
meeting of Sears stockholders
on May IA. Mr.. Kellstadt
chairman of the nominating
committee that selected his
successor, reported the selec-
tion after a meeting of the
board today.
The formal election will be
held at the May IA session.
Cushman, go, is vice presi-
dent in charge of the Pacific
Coast territory Of Sears, the
Nations largest general mer-
chandising organization.
He is a native of Albuquer-
que, N. Mex.
Evening star., 1962-02-12

persistent complaints of many
wage-earners and salary work.
ers that price increases are alb
sorbing all their pay increases
and thus, they're not getting
ahead? No. The fact is that
the real purchasing power" of
the average American family
meaning that price rises have
been Su ira c t e d-haS been
growing at an average Of more
than 2 per cent per year since
the wartime 1940s. The over
whelming majority of Ameri-
can workers have been beat
ing the price rises, are finan-
cially far better off than ever
before.
Actually, the irony is that
the item which has risen more
in price than any other in the
index in the past few years
has been that under the con-
troll of the Government Itself
namely, postal rates. Assum-
ing the new postal rate in
.creases go through, the rise in
these costs will amount to
1885 per cent since 1858. Nei-
ther the G. o. P. nor the DEM
ocrats can get any political
mileage out of this either.
Stamp prices went up last in
mid-1958 under President Eli
senhower; they're going up in
1862 under President Kennedy.
The point is that the "Age
Of Initiation" began to wear out
in the late 1950s. We have been
living through a new cycle of
relative price stability - and
we're still living in it.
distributed 1862, by The Hall syndi-
cate. Inc. AL Rights Reservedl
Evening star., 1962-02-12
Blanche InstoHs
Flexible Computer

Ernest E. Blanche & AS
sociates, Kensington, Md, data
processing firm, has installed a
new IBM 140l eomputer sys-
tenn, using both punch cards
and magnetic tape.
Ernest E. Blanche, president
said it is believed to be the
most flexible installation of this
type in the area and will enable
the firm to increase it's capacity
by four times. The new COM
puter augments 32c punch
card machines and an IBM
500 computer.
The new installation has a
six-way capability and operates
at 600. lines per minute, four
times faster than equipment
previously used.
Evening star., 1962-02-12
YOUR
MONEYS WORTH
What Price Index Will Show
sY SYLVIA PORTER

At the end of February, the
United States consumer price
index will be about 104.6-8,
based on 100 in 1957-59.
This will mean that it now
costs $1.04 to buy what 81
would have bought three years
ago.
This will mark the initial
issuance of the consumer price
index as updated by the Bu-
reau of Labor Statistics on the
recommendation of the Budget
Bureau from a base period of
l947-49 to 1957-59. On the
old base. the latest index will
be around 1884 - which
means it costs a bit over $1.28
to buy what 81 would have
bought more than a decade ago.
And it will emphasize the
degree to which initiation. has
been brought under control in
recent years in the United
States.
The February report will
show the price index, both on
the old and new basis, up a
little from the year end. The
index usually rises at this time
because of seasonal factors and
this year a major culprit has
been nature itself-in the form
of the freezes IN leading fruit
and vegetable growing states.
What's more, there's no
doubt the index will continue
to rise modestly throughout
1862. The probability as of
now is that the price of the
typical consumers marketbas-
ket will be up one to two per
cent over the whole year and
the BIS well may be reporting
an index of 106 at this time in
1868 against 100 in 1957-59.
Service costs still are climbing.
Food prices are likely to tilt
the index upward. While prices
lof most goods are remaining
steady, some are on the rise
Assuming postal rates are
raised, this will have a direct
impact on your pocketbook as
well as an indirect effect be-
cause of the pressure it will
put on costs of businesses the
nation over.
But the key point is not that
consumer price index will be
climbing, but that the pace OF
rise will be so moderate.
Can a rise in the cost of liv-
ing of only u of l per cent
in the entire year of 1861 be
called initiation? No. This is
stability so remarkable that nc
realistic observer expects it to
last.
Complaints AssaiIed
Can a rise in the overall price
level Of goods and services
averaging only IL per cent a
year be called initiation? No.
BY any reasonable standard
the answer must be no.
1t there justification for the
Evening star., 1962-02-12
Libroscope Awarded
S11 Million Orders

General PreciSion's Libra
scope Division announced re-
ceipt of more than $11 million
of contracts from the Bureau
of Naval Weapons in January.
The contracts cover produc-
ton of underwater fire control
systems and the repair, over
haul and reconditioning of
Librascope produced antisub-
marine warfare fire control
systems currently in operation.
Evening star., 1962-02-12

COIlIlleIlIeu OH CIle decreasing
releasing a report to his COM
mittee by the Board of Gov
ernors Of the Federal Reserve
System.
1t carried the title of Recent
Developments in the Structure
of Banking-A Supplement to
Concentration of Banking in
the United States"
"There is no doubt that dur
ing the 1950s. there has been
a decided decrease in the num-
ber Of banks. accompanied by
an increase of more than 100
per cent in the number of
branches" declared Senator
Sparkman.
Highlights Reviewed
The Federal Reserve report
carried these highlights:
From 1852, through June 80,
1861. the number of commercial
banks declined to 1878 from
1853, a net loss of $40 banks.
In this period, 1880 banks
were merged or absorbed, while
1851 new banks were organized.
In those States where branch
banking is prevalent, the num-
ber of banks decreased by
1854. Where unit banking is
prevalent. the number of banks
increased by 413.
BY means of mergers or abb
sorptions. 1910 banks were
converted into branches, while
1924 new branches were
opened.
In the nine and a half year
period, here was a net increase
of 5,237 in the number of bank
ing offices, including main Of
fices plus branches.
In 1921, branches accounted
for S per cent Of all banking
offices, but by mid-1961,
branches equaled A per cent of
all commercial banking facili-
ties.
Remain Major Factor
Although mergers, consolida-
tions and absorptions have
been declining in relative num-
bers in recent years, they CON
tinue to be an important factor
tending toward concentration
in banking" the report said.
From July. 1852, through
June, 1861, 668 banks or about
half Of all banks merged or con-
solidated were taken over by
acquiring banks with more than
$100 million of total assets.
In other words, % per cent
of all insured banks absorbed
about one-half of those banks
that were consolidated. While
most of the banks absorbed
were small or medium-siZed in
'stitutions, IS had assets of
more than $100 million.
In 1910, the 100 largest COM
mercial banks held 57.6 per
cent of commercial bank de-
posits. On June 3d. 1861, this
percentage had declined to ATS
per cent, but still remained the
highest percentage since l945.
Branches of the 100 largest
banks, as a percentage of total
branches, were 43 per cent in
1851, compared with 80 per
cent in 1861.
Evening star., 1962-02-12
ON WHEELS
Compocts a Declining Breed?
By CHARLES YARBRoUGH

Belief that sales of compact
cars is about to level off grew
firm in Atlantic City last week,
where the National Automobile
Dealers Association held their
annual meeting.
Some of the big names in the
auto industry have been pre-
dieting a leveling off in COM
pact sales for the last l8
months, but agreement was
wide that such a condition is
in sight this year.
Yet there were some who
think the proportion of COM
pacts will increase during 1862.
Their reasons: Economy was
most frequently cited, contin-
uing customer demand and
more buyers in 1862; more
two-car families; a better va
riety and quality of cars and
finally-better prices.
A survey by the Universal
C. I. T. Credit Corp, indicates
the compact sales will level off
at about SO per cent of all new
car sales. Some of the 1850
dealers in Atlantic City had
the figure as low as Is per cent.
The Universal canvass fore
cast a total auto sale this year
at barely over 6.5 million
slightly higher than the sec
ond-all-time sales year in 1860.
Lee Iacocca, general mana
ger of the Ford division whose
Falcon has been one of the
compact leaders since it was
introduced, says, Lets face it.
The compact buyer is looking
for two things i low initial
price and good gas mileage.
When the economy is booming
the car-buyer doesn't worry SO
much about things like that.
And the economy is booming
But if things get a little
soft, say at the start of 1868
as some predict, then look for
another compact BOOM"
4 + +
Chevrolet will introduce its
COrvair MOnza convertible and
a second deluxe version called
the MOnza Spyder this spring,
with production to start in
April. The Spyder will have a
turbo- o-charged, 150-horsepower
engine.
Both will be shown the first
time at the Chicago Auto Show
which opens next Saturday.
At the moment, the Monza
is taking about IS per cent Of
total Corvair sales and expan-
sion Of the line is Gin response
to heavy public demand" &C
Evening star., 1962-02-12
School Services
Reports 1861 Gains

School Services, Inc, had net
income of $19,186 or % cents a
share in the 1861 fiscal year,
reported President Vincent
Melzac.
The net was 23.8 per cent
above the previous year and per
share earnings were well ahead
of 26 cents a share year ear
lier, despite an increase of 12,-
1000 in outstanding shares since
then.
Assets totaled $1,255,733 at
the year end, a gain of 81 per
cent from a year earlier.
Evening star., 1962-02-12
Accountants Plan
T~~ Discussion

The District Of Columbia
Institute of Certified Public
Accountants will hold a panel
discussion on local tax matters
at a dinner meeting at the
Shoreham Hotel on Thursday.
Panel members will include: 4:
Kenneth Back, finance officer
of the District; George D.
Fischer, Arlington Commits
sioner of Revenue; Benjamin
F. Marsh. chief CT the Mary
land State Income Tax Divi-
sion.
Evening star., 1962-02-12
ABC Vending Chief
To Address ANALYSTS

Benjamin Sherman, board
chairman of ABC Vending
Corp, will address the Wash
jngton Society of Investment
Analysts at an Occidental Res
taurant meeting tomorrow.
Mr.. Sherman will discuss
steady expansion in the auto
matte vending business and
progress in his own company.
Evening star., 1962-02-12

tract to the Fred S. Gichner
Iron Works, Inc, for SO of its
"Mobilizer" units, the company
said today.
The Mobilizer is a patented
lightweight running gear, used
to carry equipment over all
types of terrain. The latest
order will be used in connec-
ton with the Pershing missile
system at the Army Ballistic
Agency, Redstone Arsenal, Ala.
Evening star., 1962-02-12
METALS

NEW YORK, Feb. IL CAP).-spot
nonferrous metal prices today: Copper
81 cents a pound, Connecticut valley
Lead 9h cents a pound, New York.
Tin 1.207s a pound, New York. Foreign
silver LOB per troy ounce. New York.
Pittsburgh scrap steel No. l heavy was
quoted by Iron Age at 37.00-3S.O0.
Evening star., 1962-02-12
Food Men to Hear
IceIundic Envoy

Thor Thors, Ambassador from
Iceland, will address the Groc-
cry Wheels Of Washington at
a dinner meeting at Hotel Con-
tinental tomorrow night.
Mr.. Thors was managing di-
rector of leading Icelandic fish
cries and marketing concerns
from 1928 to 1910, and his
family has had a long back
ground in the food industry.
Evening star., 1962-02-12
Small Borrowers Seen
Affected by Growth
Of Branch Bonkino
THE EVENING STAR
Washington, D. c.
Mondoy, Februory Il, 1862
BY DONALD B. HADLEY
Star Financial Editor

Small business borrowers in large numbers will lose
personal services OF independent local banks be forced
rely on the practices of big bank branches
warned Senator Sparkman Capitol Hill today
The chairman of the Senate Business Committee
commented the decreasing number independent
Evening star., 1962-02-12
OVER COUNTER

Following prices furnished by the Ma
tional Association of Securities Dealers
in Washington represent the range within
which locally active securities could have
been bought or sold at / pm. Monday,
Evening star., 1962-02-12
BUSINESS
BRIEFS

Am. ElectrOnic Labs, Inc. di,
rectors proposed a two-for -ont
split of the common stock. The
plan will be presented to stock.
holders on February %.
Earnings
Weyerhaeuser Co. in veal
ended December 81 earned $685.
1901 or $1.22 a share VS.
$47,741.310 or $1.59 in 1860.
Lockheed Aircraft in yeal
ended December 81 earned $685.
100000 or $3.40 a share VS.. q
loss of $42,934,OO0 in 1860.
McDerm0tt G. Co. in
months ended December 81
earned $7,926,047 or $3.O6 8
share VS.. $965,O78 or 81 cent.
in 1860 period.
Allied Mills in 6 month.
ended December 81 earned ST..
099, ,289 or $1.35 a share VS.. ST.
268,964 or $1.56 in 1860 period
Other earnings included:
Evening star., 1962-02-12
Watson EIectronics
Awarded Contracts

Watson ElectronicS q Engl-
neering Co. of Arlington has
been awarded contracts exceed
ing $450,000 to make 5000
,radiac meters for the Navy.
The portable precision meters
will be used to determine radia-
ton levels from fallout or other
sources, according to Joseph H.
Watson, company president.
The meters will be produced in
the company's Martinsburg,
w. Va, plant.
The firm plans to add 40 en-
ployes to its Martinsburg fa-
cility to handle the contract.
Engineering and contract ad-
ministration is being done at
the local offices.
Gichner Iron Receives
Missile Unit Contract
The Army Ordnance Corp,
has awarded a $l50,000 con-
Evening star., 1962-02-12

The Army Ordnance Corp,
has awarded a $150,000 con-
Evening star., 1962-02-12
Complaints AsSaiIed

Can a rise in the overall price
level Of goods and services
averaging only IL per cent a
year be called initiation? No.
BY any reasonable standard,
the answer must be no.
It there justification for the
Copper River current., 1962-10-25

RESOLUTIONS CONCERNING NATIONAL: SECURITY adopted by the 43rd Annual Convention of the Alaska Depar tment of the American Legion 62-7-- Use of armed force, if necessary, to
 protect Monroe Doctrine and prevent
 spread of conmuni sm in we tern Hemi-
 sphere.
 62-23- Increase and moderni zati on of both manpoWer and equi pment in all armed
 forces activities in Alaska. 62-5O-( (62-6) Encouraging young to join
 Alaska Nat onal Guard.
 62-l8- Urging indefi nite extension of uni :: versal military training and selective
 service.
 RESOLVING CLAUSE OF RESOLUTION NO. 3l Adopted by the Nat ional Executive Comm ittee of the American Legion May ,, 1862 NOV, THEREFORE, BE IT RESOLVED, By the Nat onal Executive Commi ttee assemble ed in Indianapolis, Indiana, May 2-3, 1862, that, whatever may appea to be desirable nece- ssary to improve the combat readiness of the Nati onal Guard when called into the service of the United States, The American Legion has a firm and una lterable convition that the best int erests of both the several States and of the United States require (dictate) that the regulating and governing of the Nat one7 Guard otherwise, shall never be removed from, but shall always remain under the direct cont rol of the several States and cir duly constituted authori ties, and
 BE IT FURTHER RESOLVED that the Ameri can =. Legion reaffirm it's position of opposing of any such reorgani zation of the Army Nat ional Guard and the Army Reserve well eliminate any units that would reduce the 27 Army Nati onal Guard Divi si ons the Divi si onal Units of the us. Army Reserve that would bring the strength levels below 400 ,OOO within the Army National Guard and 300 ,OOO for the us. Army Reserve. NOW, THEREFORE, BE IT RESOLVED, The Ameri can Legion urge the President of the United ' Statesto maintain organized military reserve forces at strengths currently authorized, specifically Army National Guard of 400 ,OOO officers and onli ed men and s. Army Reserve" of 300 ,OOO offic and ist- ed men. " = :" "* .,"- The 43rd Annual Conv ent i on of the Alaska Department of the American Legion closed wi t address by the Legi on National Com mander, Charles L. Bacon, Kansas City attorney. He t old the meeting that while t