davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-09-25

and Mrs. Earl Warren, Sec
retary and Mrs. Robert Nc
Namara, Senator and Mrs.
Mike Mansfield, Senator and
Mrs. Stuart Symington, Un-
dersecretary of State and
Mrs. George Ball, Mr.. and
Mrs. Chester Bowles, and
Chief of Protocol and Mrs.
Angler Biddle Duke.
A gold and white back
ground set the stage for the
8 pm. dinner. Masses Of yell
low roses accented with white
flowers were combined with
gold candles for the table
decoration.
The popular Field Mar
shall, long a favorite Of Mrs.
Jacqueline Kennedy, found
many Of the top officials of
his own country present.
Former Pakistan Ambassa-
dor who is now Minister of
External Affairs, Mohammed
Ali and Mrs. Ali, Minister of
Finance Abdul Qadir, and
Air Marshall and Mrs. As
CHAR Khan were among
them.
Stars of last weeks Inter
national Monetary Fund and
Evening star., 1962-09-25

World Bank conferences:
Mr.. Eugene r. Black and
Mr.. Mohammed Shoaib. Pres
ident and Executive Director,
respectively, of the World
Bank, and their wives also
attended.
Pakistan officials on hand
to honor their chief were
Ministry Of Information Sec
retary @. U. Shahab. the
Presidents Military Secre-
tary Brigadier Nawazish Ali
Khan and his physician,
Brigadier M. Sawar, Ministry
of Finance Secretary Mumtaz
Mira, Embassy Minister Mo-
hammed Masood. and the
Presidents Aide de Camp,
1t. Tasnim Ahmed.
From out of town and the
world of business came Mrs.
Clare Booth Luce, and indus
try Presidents, Mr.. Edgar F.
Kaiser Of Kaiser Industries,
Mr.. w. 1. Osborne, jr. of Pull
man, Inc, and Mr.. Hugh
Bullock Of Pilgrims Of Amer
lea and their three wives.
Also attending was United
States Ambassador to Pakis-
tan Walter p. MeConaughy.
Evening star., 1962-09-25
AYUB KHAN
TO SEE HIS
GIFT HORSE

Pakistan's President Ayub
Khan is to visit the Ken
nedys' Middleburg estate
this afternoon, to see the
horse he gave the First
Lady last spring.
According to a Pakistan
Embassy spokesman, Mrs.
Jacqueline Kennedy ex-
tended the invitation dur
ing the Moslem leaders
visit to Newport, r. l.. yes
terday, and President Ayub
Khan accepted.
He is to make the trip to
Glen Ora with Mrs. Ken
nedy, by helicopter from
the White House, after a
luncheon at the Embassy.
His schedule this after
noon was open.
The Pakistan President
presented the 10-year-old
bay gelding named Sardar
(Prince) during Mrs. Ken
nedy's visit to his country
in March. The horse, a de-
scendant of Solario (former
winner of the famed Ascot
Race, is considered a per-
feet steed for the kind of
open cross-country hunt
ing the First Lady most en-
joys.
It's likely Mrs. Kennedy
will give the distinguished
donor a demonstration Of
how she and Sardar work
together.
Evening star., 1962-09-25
Dollars
Tea to Draw
VIP List

Mrs. Lyndon johnson viii
be on hand to greet workers
in the Dollars for Demo-
Gratis" drive at q report tea
tomorrow to be held from
4 to 6 pm. at the home Of
Bishop Smallwood williams,
4720 Sixteenth street NV.
The Vice Presidents wife
will be Joined in receiving the
guests by Mr.. w. John Ken
ney, chairman Of the Demo-
cratic Central Committee for
the District.
Several cabinet wives also
viii attend the tea at which
the first report viii be made
on the amount collected in
the Districts Dollars for
Democrats campaign cur
rently being carried out in
Washington's SO political pre-
cincts. The drive opened Sep
tember IA and will continue
through this week.
The wives Of cabinet Of
ficers expected are Mrs. Lu-
ther Hodges. Mrs. Anthony
Celebreeze, Mrs. j. Edward
Day, Mrs. Orville Freeman,
Mrs. Stewart Udall and Mrs.
w. Willard Wirtz, whose hus-
band will be the new Secre-
tary Of Labor. Mrs. Wirtz has
been one Of the workers in
the drive.
Mrs. Margaret Price, vice
chairman of the Democratic
National Committee; Mrs. j.
Borden Hartman, honorary
chairman Of the drive, and
Mrs. Carl Albert. wife Of the
Democratic Whip in the
House, are among others
planning to attend.
Mrs. India Edwards, for
mer vice chairman Of the
Democratic National Com
mittee, and Mrs. Pearl Sher
of the d. C. Central Commit
tee, sre co-chairmen Of the
tea.
Chairmen Of the Dollars"
drive are Mrs. Francis Mason
and Mrs. Kenneth c. Ken
nedy, with Mrs. Gladys
Gould serving as treasurer.
Evening star., 1962-09-25
BY PATRICIA SALTONSTALI
-. star Gtaff WrItnr

by RAIhLClA SALTONSIALl
Star staff Writer
Miss Malta Ahmed danced
for her supper last night.
The 2l-year-old daughter
Of Ambassador and Mrs.
Ahmed Of Pakistan and the
daughters of several en-
bassy officials performed two
short native dances follow
ing an embassy dinner hon.
oring Pakistan President Mo-
hammad Ayub Khan.
Stage fright should never
again bother the young
dancers now that they can
say they have performed not
only for their own nations
Chief of state, but also for
former United States Presi-
dent and Mrs. Dwight D.
Eisenhower.
But If this is not enough
to dazzle their school and
college classmates, they can
simply tick off some more of
the distinguished guest list:
Vice President and Mrs. Lyn-
don johnson, Chief Justice
Evening star., 1962-09-25
Buffet Set
For Home
Economists

The Home Economists in
Business Of the District will
meet for champagne and a
low-calorie buffet tonight
at the Chevy Chase home of
Ida Jean Kahn. author Of q
Syndicated column on health
and diet.
Miss Ruth Sheldon, former
director of Home Service for
the Washington Gas Light
Co., will help prepare the
slhmming meal, to be followed
by games.
One of the highlights Of
the meeting will be a
panorama of flash-backs on
the annual convention of the
American Home Economists
Association held in June.
Evening star., 1962-09-25
KennedysHoveBox
Seats for Benefit

nedys, they'll be guests at a
champagne supper dance at
the British Embassy. with the
champagne provided by
French Ambassador and Mrs.
Herve Alphand.
A SelI-Out Here
"Mr. President" with songs
by Berlin, book by Russell
Grouse and Howard Lindsay
and starring Robert Ryan
and Nanette Fabray, is on its
way to a broadway opening
october 10. It's already a
sellout for its forthcoming
three-week stand at WASH
ington's National Theater.
Mr.. Berlin is returning to
show business for the first
time since 1950's Call Me
Madam" a Berlin n-Crouse-
Lindsay musical about a
Washington hostess.
President Kennedy's sister
Jean MRS. Stephen Smith Z.
and his sister-in-law Ethel.
wife Of Attorney General
Robert F. Kennedy, are CO.
chairmen Of the benefit.
Funds raised will go to
the 1t. Joseph P. Kennedy,
jr., Institute in Washington
and the Kennedy Child Study
Center in New York City.
The original financial sup
port for both institutions was
provided by a Kennedy fam
lily charity, The Joseph P.
Kennedy, jr. Foundation,
named for the Presidents
elder brother. a Navy pilot
killed in World War II.
Evening star., 1962-09-25
BY FRANCES LEVINE
Associated Press staff Writer

President and Mrs. Ken
nedy have box seats tonight
to see q benefit preview of
the new musical 'Mr. PreSi-
dent" depicting the life Of
a fictional chief executive
and his family.
The benefit will raise more
than $4,000 for a favorite
Kennedy family charity
two centers that provide care
and research for mentally
retarded children.
The President and First
Lady returned to Washington
yesterday after a long week
end at Newport, r. I.
Glittering Audience
A glittering audience of
more than $50 from Wash
ington and New York, in
cluding diplomats, socialites
and politicians, will see the
new show which brought
Songwriter Irving Berlin out
Of retirement.
President Kennedy, his
wife and mother, Mrs. Joseph
P. Kennedy. win share their
box with soon-to-retire CO.
lombian Ambassador Carlos
SAM de Santamaria and his
wife; Mrs. Alice Longworth,
daughter of President Theo-
dore Roosevelt, and Wash
ington Artist William Wal
ton, a longtime friend of the
Kennedys.
The 500 persons who bought
500 tickets to the benefit
(the price Of an orchestra
seat), got special invitations
to buffet suppers being given
before the show by is promi-
nent Washington hostesses,
among them Mrs. Lyndon B.
johnson. wife Of the Vice
President. and cabinet wives.
And, along with the Ken
Evening star., 1962-09-25
Joint Meetino

A Joint meeting Of the
membership committee and
the chapter registrars of the
Daughters of the American
Revolution will be held at 8
pm. tomorrow at the chap
ter house. Miss Anna Mary
McNutt. state vice regent,
will be the speaker.
Evening star., 1962-09-25

sian textiles older than 200
years are still in existence.
Most Of the textiles in
cluded in the Textile Mussum
exhibition are from the 18th
and goth centuries. They will
remain on view through
January, 1868.
Evening star., 1962-09-25
Women Urged
To Seek Equal
Role in Politics
Non-partisan organizations

Non-partisan organizations
have been urged to work for
equality for women within
both major political parties
by Mrs. Clare B. Williams,
assistant chairman Of the
Republican National Com
mittee.
Mrs. Williams outlined a
nationwide non-p artisan
drive to that end in a let
ter to the national presidents
of nearly 200 women's organ
iZations.
She also asked the CO.
operation of women leaders
in both major political par
ties to help women achieve
$3.50 representation with
men from precinct level to
national party convention
delegations.
Few States have achieved
the ideal Of equal representa-
ton by sex in the political
party structures" Mrs. Will
liams said. "The election laws
Of each State govern the
selection of delegates and al
ternates for the national
conventions as well as the
participation of women in
political parties within each
State"
In her letter. Mrs. Williams
pointed out that the 1858
sessions Of State Legislatures
will afford an opportunity to
effect changes in State
statutes prior to the 1864 ma
tional nominating conven-
tions Of both parties.
She urged all women to
unite in promoting the in
PRODUCTION and passage Of
State legislation to insure
such equal renreSentation
Evening star., 1962-09-25
Low Wives Club

The American University
Law Student Wives Club
plans a meeting October 10
at the downtown campus; a
luncheon at Trader Vic's No
vember 8, and a Christmas
party on December 8.
Evening star., 1962-04-19
By AKSRED SHERWOOD

North'S jump to three no.
trump shows strong trump sup
port of four or more cards,
with 13 to 16 points Counting
distribution as well as high
cards.. In this case, North has
10 points in high cards and
three points for the singleton.
South acts Just as though
North had made the normal"
forcing raise to three hearts.
He goes on to four hearts with
a minimum opening bid; he
makes a slam try with sub
Stantial extra strength. South
should not pass three no.
trump, since the response may
be made on very unbalanced
distribution.
South makes the contract by
winning the first club in his
own hand. He then leads
trumps. West can win the ace
of hearts and lead a low spade
to East for a club return, but
the ruff doesn't hurt South:
Declarer would go down If he
won the first club trick with
dummy's king. Then west
would manage to ruff out the
ace of clubs.
Pros and Cons
If you use the jump response
Of three no-trump to show the
values for q forcing raise you
cannot also use the bid to show
balanced distribution with 16
or II points. I have never been
able to understand why any
good player would want to jump
Immediately to three no-trump
with 16 or II points. I have
seen players miss laydown
slams this way, but I have
never seen them gain anything.
To my mind, therefore, there
is no disadvantage in treating
three no-trump as a forcing
raise. Still, some people like
the old habits and you must
make allowance for it. More
over, many players are used
to showing a gamegoing hand
with a jump raise; don't spring
these new bids on them with
out careful discussion.
An occasional advantage of
the jump to three no-trump Is
that it shuts out a bid of three
spades. East might bid three
spades if North bid only three
hearts. Then West would gladly
raise, and East would make
game at spades.
Daily Question
Dealer, at your right, bids
one heart. You hold:
AK Q9762 % AIS 0QJ83I
What do you say?
Answer: Bid two spades. The
jump overcall should be used
to show a good suit but a
pooriSh hand.
(Copyright, 1862. Gen. Features Corp.)
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

Central Church League lauding
them for their exhibition of good
playing ability, good sportsman
ship as we'll as Christian charac-
ter.
The All-Star Team was chosen
by the coaches. After every game
each coach had to select the men,
bers of the opposing team whom
they thought were above average
in the three attributes stated.
Harold, Danny and Curtis were
among the leaders.
Coach Johnson had nothing but
praise for his team which also
included Jimmy Robinson, Matt
hew Johnson, Rodney Lyle and
Albert Kitchen. LAS far as I am
concerned" said Coach Johnson,
every one of them should be on
the All-Star Team"
At the 9:45 worship service,
Sunday, March Is, Rev. Lowell
Johnson presented Coach Johnson
and the Junior Basketball Team
to the St. Peter congregation.
Rev. Johnson said next year the
church will sponsor three teams:
Junior, teen-ager and young adult.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
WorkhoUse Term For
Driving After Suspension
ne A..GA nsaAArA

About 7:15 am, March 16, Jun
ius Smith, At, 265 Louis was seen
by st. Paul police officers ex-
ceeding the speed limit. He was
clicked and stopped at Jefferson
and Fairview Streets where he
identified himself and stated
his license had been previously
suspended. He was taken to police
headquarters and booked.
In attempting to stop Smith,
officers Clarence Lauth and AL
len Perkins stated he went
through two stop signs. He was
charged with the stop sign viola
tons as well as driving after sus-
pension of his license.
In st. Paul municipal court on
March 10, Smith received a sent
ence of twenty dollars or two
days for the two stop sign viola
tons which he paid. However, he
received a ten day workhouse term
for driving after suspension of
his license.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

Church Basketball League Cham
pionship Play-offs by the lop-
sided score of so to 8.
Played on the Central High
School court, Coach Everett John
son said the humilating loss was
caused by the teams two high
scorers, Harold Boudreaux and
Danny Shackelford, having to
play that same evening with their
school squad Bryant Junior
High.
While this was the first time
st. Peter had been defeated on the
( basketball floor, they neverthe-
less finished up the season with
a won and loss record of IS and 3
The other two losses were for
FIXTURES when the flu prevented
st. Peter from fielding a full
squad.
st. Peter did dominate the All,
Star Team, however, with Harold
Boudreaux, Danny ShackelforC
and Curtis Webb receiving tn;
honors. Each boy was presented
with a medal from the West
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
Fired At Auto:
Mon Gets 20
Days For Firing
His Shof.Gun

Rochester Parker, 20, ATT Car
roll Avenue was arrested by st.
Paul police after Fred Brown,
PIG E. 22nd St, Minneapolis
complained that Parker had shot
at his car from his porch. The
reason for the shooting was not
determined and no one was in
jured, however, Parker must serve
20 days of 80 day sentence given
him Judge David Marsden on
March 10.
st. Paul police officer Sylvester
Schwartz was stopped by Fred
Brown at Mackubin and Selby
Streets about $3.50 am, March
IT, where he reported the shoot
ing.
In Browns auto at the time
were: William Thomas, $500
Fourth Av. S., O'Den Knappes,
1922 Minnehaha Blvd, Charlotte
King, PIG E. 22nd ST., all OF
Minneapolis.
Officer Schwartz returned tC
the home of Parker and on the
front porch he found two spent
twenty gauge shells and a twenty
gauge gun in the kitchen.
At police headquarters Mrs
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

Turn out for Sandy" attend
the "Salute to Sandy Stephens"
Tuesday night, April 10, at Prom
Ballroom, finest dance hall In the
Twin Cities 8 p.m.-Advt.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
ST. Peter Junior
Cuqe Team Defeated

st. Peter AME Church Junior
Basketball Team suffered it's first
defeat at the hands of Aldrich
Avenue Pr e byterian Church
Thursday, March Is, and were
eliminated from the semi-finals
Of the West Central YMCA
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
Hit And R0nner
Damages Rev. DenziI
ruNkNxIe AH1&onnahsI,

SoTIYS A0roW0DtbG
Rev. Denzil Carly, 465 Macku-
bin, rector of st. Phillips Epis-
copal Church, Aurora and Macku-
bin, reported to st. Paul police
that someone struck his auto
while it was parked near his home
and left the scene. The accident
occurred about 1917 am, March
IN.
Father Carly stated that his
auto was struck by one of two
cars that were racing south on
Mackubin from University. The
hit and run auto left two parts
at the scene which police are
checking in an effort to apprehend
the guilty person.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
MELVIN L. BUFORD
OBTAINS DIVORCE

A divorce was granted on Feb.
26 to Melvin L. Buford, 572 Rondo.
st. Paul from Mildred Y. Buford,
741 Carroll Av.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

The original name of Lincoln
university (Pa.) was Ashmun In
stitute.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
LOTS HARD TO FIND


We have several, AZ feet each.
South Mpls.
Rambler with four building lots
in Bloomington. Make offer.
Resorts miles West of Mime
apolis. rs acres of land. $50 feet
of shoreline. Seven rental units.
Occupied all year around. Plus 80
tavern. Rental income $500 per
month. Will sell personal property
including Is boats and all tavern
equipment. Call for appointment.
Apartment building. Southside. 10
units all rented. $40 monthly in
come, priced less than six times
gross income.
4127 End Ave. South. Double
Bungalow. Stucco. Two Car gar
age. $1,000 down. Terms.
johnson & Associates
3744 FOURTH AVE. SO.
Taylor 7-5347 Taylor 2-I996
S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

Parker signed citizens arrest
form and Parker admitted firing
the gun once or twice.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

TWO ROOMS, furnished. Nice for
housekeeping, working people, PA.
4-021S. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
REAL ESTATE FOR SALE

HOMES AND INCOME PROP
ERTY. $500 $500 DOWN. FOR
SALE. FIR. 1894. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

TWO ROOM APARTMENT with
private bath, partially furnished.
Call PA. 1850. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

TWO BEDROOM bungalow, new
home, close to schools, nice loca-
ton. Easy terms. ia. 1925. S-tf
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

UNPUBLISHED. NEWLY decor
ated, four rooms and bath, first
floor, heated, $65 - 719 Oak Lake
Ave. No. Days: FEE. $3.50; Ewes.
ia. 2-3495. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

TWO BEDROOM furnished apart
ment. FEE. 8-3945 after 4:30 pm.
S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

FURNISHED apartment. Steam
heated. Private bath. Utilities
furnished. 1922 Minnehaha Ave.
Call 722-0893. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
APARTMENTS FOR RENT

FOR RENT, par
tally furnished. Stove and refrig-
orator. All utilities furnished. SIS
per month, Ia. 5-7926. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

FOURROOM apartment, 2S3O-15th
Ave. South. No utilities furnished.
Call Saturday, Sunday. Weekdays
after 2 pm. PA. 1924. S-tf
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

THREE ROOM apartment, TOO
18th Ave. So. $3.50 unfinished.
$50. furnished. ST. 1-27S6. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

We have several, AZ feet each.
South Mpls.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

.LYNDALE AVE. NORTH. 1902.
Nice and roomy six rooms and
bath in beautiful four-plex. Un-
furnished, SIS month. ia. 1-0070.
S-tf
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23
APARTMENTS FOR RENT

SEVERAL APARTMENTS TO
rent. ia. 7-5347. ST
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

UNFURNISHED second floor
apartment. Two bedrooms. Util-
tiles furnished. Ia. 1878. S-35
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1962-03-23

2311 18TH AVE. so. Lower or
upper 4-plex. 5 rooms, private bath,
furnished or unfinished, $65 per
month, MI. 1864 or Ii. 5-5572.
S-tf
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-10
LocoI Men ReIve Jeb Stuorts Roid Around Mcclellan

Talleysville and finally will end the
ride at Providence Forge late Sunday.
It's substantially the same route taken
by Stuart's men.
The present-day 9th, under the
command Of Sergt. Maj. George c.
Beatty, of sos Macarthur avenue,
Vienna, Va, has been practicing rid
ing for the re-enactment for two years.
There have been some spills"
Mr.. McAleer admits, ''but we've got
the knack of it. We can land easy
now!''
Like Stuart's command, which in
cluded seven companies Of the 9th
and two squadrons Of the 4th Virginia
Cavalry, under Col. w. H. F. Lee. as
well as a detachment under Col. Fitz-
hugh Lee and the Jefferson Davis Le-
gion, the 9th of today will cook out
and sleep on the ground.
Mr.. McAleer doesn't expect to
get the cheering that Jeb Stuart got,
but his men will look their parts.
Some of them have grown boards for
the ride.
Just as in 1852, the men Of the
Continued
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-10

{.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-10

ID RIG. GEN. J. E. B. Stuart's famous
ID raid around the army Of Gen.
George B. Mcclellan near Richmond
100 years ago is going to be re-enacted
next week end.
The modern 9th Virginia Cavalry,
C.S.A., successor to the original regi-
ment which took part in the more
than-100 mile raid, will commemorate
the three-day event with 50 men
Stuart had ZOO, and won't take any
prisoners, commissary supplies or
suffers stores.
1T will be all in fun this time, but
it will be as much like the first raid
as we can make Il" says the 9th's first
sergeant, James A. McAleer, Of sos
North Thirty-second street, Arlington,
Va.
The re-enactment will begin at
Hanover Court House, Is miles north
Of Richmond, at 8 am. Saturday after
a night of camping on the CORTLAND
Plantation, the same campsite used
by Stuart. From there the cavalry
men will 60 to Enon Church and Ingle-
side, then to Tunstall's Station and
Evening star., 1962-04-19

managers use idle funds as
they judged best. Now, funds
are restricted on the theory
that freer use would put money
into pockets of investors, not
small businesses. DR.. Scurlock
insisted investors who make the
most money are those who in
vest the most idle cash.
To permit fully invested
SBICs to borrow idle funds
from under invested SBICs.
To remove the $5OO,O00 lid
on investments from SBICs
and the 81 million limit of Fed
eral loans to SBIC. Small
businesses often need bigger
Evening star., 1962-04-19

The Senate Small Business
Committee is interested pri-
marily in better tax treatment
for small business investment
companies" (SBICs), licensed
by the Government.
Arch c. Scurlock spoke as
president of such a company
Greater Washington Industrial
Investments, Inc.
Rejecting some suggestion:
OF tax relief legislation OF
Committee Chairman Spark
man, Democrat of Arkansas
and Is committee members, the
businessman urged these Law
changes:
To let investment company
Evening star., 1962-04-19

loans per net worth than do
large businesses, he insisted.
His Research corporation re-
Gently loaned 100000 to a
growing firm of only 100000
net worth, for example.
To let employees of SBICs
buy stock at special rates. Our
key men would be more willing
to gamble with us - to take
risks for opportunities - we
could give stock options" DR..
Scurlock predicted.
To tax SBICs as investment
companies, rather than as reg
ular corporations.