davidaulloa/AmericanStories huggingface dataset:
The Farmville herald. (Farmville, Va.) 1957-current, 1962-03-23
COMMONWEALTH OF VIRGINIA, COUNTY OF BUCK.
INGAAA.

COMMONWEALTH OF VIRGINIA. COUNTY OF BUCK
INGHAM
In accordance with the provisions Of Section 2, Chap
ter II OF the Acts Of Assembly, 1927, notice hereby
given that the Bood Of Supervisors of Buckingham Coun
N, Virginia. will meet Monday, April 2, 1852, at
pm, at the Courthouse which time citizens will be
heod for against the following proposed estimate Of
Revenues and Expenditures:
Tentotve Estmoe Of Revenue for Yeor Ending June 3d.
1863:
Totol amount to be rosed by levy $2546185
Less deinquents on basis Of 1920 rs 46l IS
s229, 1858
Dog Tox .............. 100000
Delinquent foxes .................. 100000
ABC Wine Tax ACKNOWLEDGEMENTS. 100000
Miscellaneous - 6oo254
Auto License Tax .......:....:.:.......... 100000
TotoI School Revenue Other Than From
County Revenue Observation-Disclosures. 487 900 90
$500 1897
tentative Esfote OF Expenditures tor Year Ending June
80. 1863:
Boord OF Supervisors .................... 562o 90
Assessment Of Toxobe Property .......... $4,000
Collection and Disbursement Of Toxes .... $685. 90
Recording Of Documents .................... 4l85OO
Administration Of Justice ................. 1887 is
Crime Prevention & Protection ............. $685. 90
Fire Prevention and Extinction 1850 90
Public Welfare .....~......~......... 5000 90
Advancement Of Aori. & Home e.. $3.50
Protection Of Livestock and Fowls ..,..... 2235OO
1ssts"s Of Building; and Grounds 1883 1883
Highway and Street Lighting .............. 10000
MisceIloneous Operating Functions ........ $4,000
County Bond Issue for Schools ........... Is 1000 90
School Boord l6,55O.64
Instruction 53547O25
At.<dry Agencies 9Oo3842
Operation Of School Plants ............. 1880 90
Fixed Charges 745OOO
Capitol Outloy 6O5OOO
Maintenance Of School PIonts ........... 4,4O7. 90
TotoI Of all estimated expenditures $500, 1927
TotoI of all Estiroted Revenues $500 1927
Toto Of all Estimated Expenditures ....... 800 1927
Estimated Deficit ..............,. NONE
THOMAS B. HAIL. Choirmon
JOHN C. SPENCER, Clerk
The Farmville herald. (Farmville, Va.) 1957-current, 1962-03-23
'Woinah's Changing Status Vas
Program For Trinity WSCS

brother, Howard Pollard. who
lives near there.
Mrs. G. Hoy Wilson entertain
ed the jackson Bridge Club and
guests at her home near Beaver
Pond on Saturday afternoon.
Those playing were Mesdames
Spencer Reames. Arnold Ing
ham. James L. Hammer. Joe VII
son. w. D. Allen Jr.. Harold
Hammer. Jim Coleman. E. H.
Burke. Victor Wheeler. Belle
Farley. and Miss Nancy Carol
Sydnor. Mrs. Hammer won low
score for the club. Mrs. Ing
ham. high score and Mrs.
Wheeler won the high guest
prize.
Eagle Eyre
Ten members of Mt. Hope Bap-
list Church attended q workshop
on Sunday School departments at
Eagle Eyrie. the Virginia Bap.
list Assembly Center. Those at
tending were Mr.. and Mrs. r.
Ellis Williams. Mr.. and Mrs.
James E. Ford. Mr.. and Mrs,
Garfield billiard. Mr.. and Mrs.
|J. G. Phillips, the Rev. Ernest
]. Boyd and Mrs. w. T. Chum-
ney.
The Beaver Pond-Earls Club
The Farmville herald. (Farmville, Va.) 1957-current, 1962-03-23

TIE CHUHCf1 TON MT AL
The Church is the srea,ea factor
on earh for The building Of char
.e,er and good ei.izenship. Il i. !.
s.orehouse Of spiritual values. With.
on, a strong Church. neiher de.
mocracy nor civilization can sur
vive. There are four sound reasons
why every person should attend
services regularly and suppor, the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
HOUSES EoR sALE-M.W.

MN
New det. brick 4-bedrm. rambler In
N. Portal Estates. Priced in mid
30s. Elk. 3-6231 or TU. 2-6353.
AMERICAN UNIV.-centrally air
cond. rambler, quality and con-
venience are Just 2 Of the many
attractive features Of this B.
bedrm. 2h-bath brk. home: lux;
S SslSSs fsi o,6 5@' Cali Mrs. T Ks:
dow dow, Of. 4-sO7@. o,. s-7soo
ATTRAC. BRICK ROW consisting
of 9 units, 4 baths. Licensed as
tenement house. Located in 400
block OF Newton st. NV. Call
LORETTA Or fTPV' c. PAYNE LU. 1-22s2
ATTENTION, EMBASSY
OR A PURCHASER FOR AN OUT
STANDIN0LY BEAU TIFF y l.
HOME. Excellent for entertain
ing. Mr.. the Embassy OF Peru.
Between Conn. and Rock Greek
beautiful ramblers. $4,000 up.
For details and appt. call MR..
LUTYK, ia. 9-2267.
: PAUL P. STONE. Realtor o,o
tn. 2-1lO5 RIA. 3-9233
BURLEITH-Living rm. with fire
place, dining rm., 3 bedrms., bath,
ige. rm. and "a bath on 3rd Fl,
= scr. porches, gas heat. Det.
garage. FE. 3-2232. DI. 7-1017.
UNIV.-Walk to the
National Shrine. Well-kept mod,
semidet, brick adjoining Catholic
University on the N. side opposite
Carroll High. 3 bedrms.. sep. din.
rm., effic.. apt. in bsmt, with
sep. emit. fenced rear yard. M
bus at cor. S17,250. j. B. TIFFEY
g. SON. LA. GALL: eyes,, $685.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
REAL ESTATE SALE or ExCH.

WOULD LIKE To TRADE my equity
in a 3-bedrm. brick house, yrs.
old, full bsmt. and beautiful lot.
FILA. in Vienna, Va. for a 2-bed-
rm. bsmt. and nice lot within 10
miles of Fairfax. Va. DU. 5-7Ol9.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
INVESTIGATE TO-DAY
AND OTHERS

For further details and FOR
appointment to inspect call
MAJOR CARNEY Two. s.
66.3', MR.. OWENS ,EM. s.
671S) or MR.. FIELDING
(JA, $4,000 with
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

N. ARL.-3 bdrms., air
cond., wash mach, liv. VI
firepl., sep. din. rm.,
bdrm. down. 2 up, eating
space in kit. close to bus,
stores. vet quiet street, $3.50
lease. KE. 6-6979. Today
/ till o.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
APIS. uHFURHIsHED-MD. | A
TAKOMA PARK

S31S Roanoke Ave. No. 3. SS6
incl. utils. Beautiful I-bedrm.
apt, newly dec. Open or set
key at No. 8.
7sOs Kenniwiek Ave. No. 201.
Smart 2-bedrm. apt. VI porch.
Opposite Langley Park shop.
center, 500 plus elec. Open
or get key at No. 202.
1927 Carroll ave. $50 incl. utils.
Spacious Arm. and bath apt. plus
encI. porch. ideal for extra bedrm.
incl separate din. rm. Adults only.
RAFFELL REAL ESTATE
~. 9-1103 RkALTOR
rms. and bath, 2nd
fir 1908 Beeeher st. S72.50 mo.
call 772-5710.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
ROUTH ROBBINS


A partial listing OF houses
N SEalis0i MOUNT VERNON
3-bedroom, 2-bath brick and
frame contemporary Less
than 1-year-old. August l
occupancy. S1S5.
WAYNEWOOD = 3 bed
room. / full and 2 half bath
split level. Near elementary
school and recreation CEN
ter. August l occupancy.
ARLINGTON HALL AREA
3 = bedroom, 2 bath brick
Cape Cod with rec. room.
Lovely rear yard. Immediate
occupancy. $3.50.
LANGLEY FOREST-3-bed-
room, 3-bath brick rambler
with paneled rec. room. In
tercom system. Immediate
occupancy. $40.
ALEXANDRIA AREA - s.
bedroom brick row. Newly
decorated. Convenient loca-
ton. Immediate occupancy.
500.
Alex. S36-6200
'pfld. 451-2500, Mclean 356-700
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
EDMUND J. FLYNN CO
COOP Apt. Authority since le2O)
Washington Bldg. Ma, s-95eB
MAYOR GARDENS

NAYL0R GARDENS
Available now, 2 apis, 2 bedrns
each. one 1st-flr. apt, / on 2nd
fir, all have lge. rooms. Conven-
lent location. Payments less than
rent after required down payment.
Laundry and storage facils., 3es
int. on unpaid bal. $3.50 to
$1,000: JOHN I; SHELTON,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
HOUSES TO SHARE
HOUSES WANTED TO RENT

CLosE-N BETHESDA AREA pre-
ferred. 3 or bedrms.. unfurn.
Occupancy S/15 for 4-6 mos. IA.
9-l505. -----------------
MONT. co. - We need five . or
3-bedrm. and two 4-bedrm. houses
before July 10th. $40 to $50 mo,
BFMIS. BRAID AND LANGDON
CALL 949-0g00 ANYTIME
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
CAPITOL HILL

CAP1IOb HILL
RESTORED 100% New
2 bedrooms, liv. rm., din. rm., cleo.
kit, air cond., $3.50 per mo.
FRANK CALCARA
RE. 7-2160 Ewes. OIL. 2-19S7
BROKERS INVITED
CAPITOL HILL-SEMIDET BRK.
M. 9TH and Z. Cap. sts.-10 rms,
3 baths, immed. pos, S1S5. H. T.
RANDOLPH. RE. 6-46ss.
CAPITOL HILL AREA, SO E st. NV.
rms. and bath. unfin. bsmt.
Gas hot-air heat. 500 mo.
R. r. RUPERT ST. 3-S4S4
OBSERVATION-DISCLOSURES quality
built yr.-old house, full bsmt.,
9 bedrms., sep. din. rm.. lge. kit,
and liv. rm. wifirepl. Immediate
occupancy. $3.50 mo. Call Mr..
wilkinson. JU. $1,000. TRACER
ASSOCIATES, REALToR.
CHI. CHI, MD.--Choice area, 3-bed-
rm., 2h-bath white brick Colo
NAL. sep. liv rm., wIspac. porch.
excel for entertaining. Din. rm.,
kit, full bsmt. w/maid's I'M,
COW. loo. OIL. 6-1719.
GOVT. EMPLOYEES REALTY CO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
COOP APIS. FOR SALE
A Sound Investment
FLYNN CO-OPS

COOP HOME OWNERSHIP
BRINGS PEACE OF MIND.
NOT ANXIETY, ITS Low
NJ ON 7 HLY PAYMENTS
YIELD A SOUND, TAX
FREE RETURN COMPARED
WITH HIGH RENT.
FLYNN co-oPs HAVE oP-
GRATED IN WASHINGTON
WITH COMPLETE SUCCESS
FOR AZ YEARS.
WHY COUNT ON sPEcU-
LATIVE INVESTMENTS TO
PAY YOUR RENT WHEN
you CAN MAKE The
SOUNDEST OF INVEST
MENTS IN A CO-OPERA-
TIVE APARTMENT HOME
AND BECOME YOUR OWN
LANDLORD?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
STOEVER-HAWLEY co.

CLUB-DR. HOME
See 22IO Goth n.v.-Fine detached
house, AGAR parking. Priced, 30s.
Call R. REDFIELD. Broker, FE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

SMITH, INC, wkdys. DI. 7-7S77.
AVE. SECTION-A
very attr. furn. and conv. semi
Diet: residence with 4 bedrms., Q
baths on End H., one bedrm. or
den and bath on list II, OPEN
TODAY 1O-4 at 5000 Ssth st. NV
lat Woodley rd.l. S275 per mo.
CHEVY CHASE REALTY, no. o
47A3. weekdays EN- al 2n0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

RIVER RID. EXT, Merrimack Park
contemporary split level. 8 bed
rms, Ia baths on upper level.
Rec. rm., bedrm., bath. garage on
lower level. Partially air cond.
Some furn. and carpet included.
Swim. club membership avail
$3.50 mo. A. c. HOUGHTON a
SON; INC" OIL. 2-9474 or DI
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

FAILS CHURCH (Pimmit Killsl-3
bedrooms, large lot, with option to
buy. ST. $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
ARLINGTON. NORTH. ciose:in ::

ARL.-4 bedrms., ga baths, din.
rm., mod kit, Dashboard heat,
porch. basemt, garage. $l45. 2S17
LIST I'd, n, off Fillmore. ACME.
527-6707, 522-l42l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
RENT HOUSES UNFURN TO RENTHoUsEs UHFURN TO REMIT

TAK0MA PARK, Nd hedrms.
. baths. full bsmt. and rec. rm.,
lovely home, avail immed., $3.50 q
yv1orfh M q Q0-Q
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

BRICK & rms. and bath porch rec
rm. with y bath. gas heat. deep
freeze and washer included in rent
Of $3.50 mo. Conv. New Hamp.
ave. bus Immed. poss. ]. LEE
DONNELLY g. SON. INC. MA
Goo1R OF. R-21S2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01

SILVER SPRING. close in-Attrac-
tive 2-unit home. LIST II. has liv,
rm.. 3 bedrms., din. rm., kit,
bath. encl. porch. S1s5 mo. Ter
race apt. has l bedrm., liv. rm..
kit; bath. 500 mo. Nicely fur
r ffsaifi co. Ju. $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
HOUSES UHFuRH. TO RENT

ABCAB BLVD, Hillerest Hts, Nd,
cow. Andws. Fld.-6 rms. g bed
rmS.l, Ia b. Qst-fl. powder I'm. },
rec. rm-, equipped kit. Perfect
eond. Prompt DoSs. S135 mo.
VII. 6-6lS2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-07-01
HOUSES FURH. TO RENT

ARL.-3-bedrm. brick rambler.
sloss Shepss bus; Rent, option.
Evening star., 1962-05-20

II will omoze you how REQ
sonobly you con enjoy the
fomous "CUSTOMCRAFT"s-
nonship Of O CUSTOM
GRAFT RECREATION ROOM.
Ask someone in your neigh
borhood 10 show you theirs
kenfile floors Armstrong
ceilings . knotty-pine is "
select pre-pockoged
loUon IS "A" foce. roiory cUt.
N-grooVed t~o-ooof locqUer
pre-finished with motching
trim.
Evening star., 1962-05-20

Designed in your choice Of mo'eriols We
ore the only eomponY in Washington oreo
ihoi will build O ioIovsie porch from foot
ines TO roof. wire. ponel inside ond point
without sUb-confroefine on hours labor.
Mony pIons ond styles Of screens. ioL
oUsies. owning ond doUbIe-hUng en-
closures 10 choose from.
Evening star., 1962-05-20
ADD-A-LEVEL

A whole second floor
TO double the size OF
your house. A. our
prices there IS no need
10 move for thot eStro
Spoce.
Evening star., 1962-05-20
UP AND OVER

Where your ottic doesn't
hove sUfficient ceiling
height, Don't give Up
fill you tolk TO Us.
Evening star., 1962-01-14
Ball Firm Shuts
Bio Glass Plant

MUNCIE, Ind, Jan. 13 (AP)
The 75:-year-old Ball Brothers
Co. announced today it is
discontinuing its glass manu-
featuring operations here,
throwing about 1900 persons
out of work.
Edmund F.. Ball, president
and board chairman, said the
firm will continue its other
operations here, including a
zinc rolling mill, machine re-
pair work and manufacture of
jar lids and other metal prod
ucts. About 800 workers are en-
ployed in those operations.
In making the unexpected
announcement, Mr.. Ball said
the Muncie glass plant is rs
years old and is unfavorably
laid out. He also cited what he
called worker "inefficiency,"
quality problems, high shipping
costs and employe costs higher
than at competing plants.
He said the firm will con-
tinue its glass operations -
mainly the manufacture of jars
at other plants in Okmulgee,
Okla; Mundelein. ILL.,; Nash
vile, NC, and El Monte, Calf
Evening star., 1962-01-14
Dec. Crash
Victim, II, Dies

George w. Darcy, 70, who
was injured in traffic ac-
cident last month, died yester-
day at Washington Hospital
Center.
Mr.. Darcy, 27O9 Minnesota
avenue Sc, was the driver of
a car in a collision around
noon December 13 at the inter-
section of Eighteenth and S
streets NV.
Police charged Mr.. Darcy
with failure to yield the right
of way after he apparently
went through a stop sign while
driving west on S street. His
car was struck by a cab driven
by Daniel P. Barton, SO, 1898
Jamestown road, West Hyatts-
vile, who was travelling north
on Eighteenth street NV.
Both men we're taken to
Washington Hospital Center,
where Mr.. Darcy was admitted
with cuts to the head and pos
sible rib fractures. Mr.. Barton
was examined for a possible
broken nose and released.
An inquest will be held to
determine if Mr.. Darcy's death
was result of the accident.
There have been three traffic
deaths so far this year.
Evening star., 1962-01-14
KennedyGets
Brief Rest at
MiddIeburq

MIDDLEBURG, Va, Jan. l3
AP).-President Kennedy flew
here today for an abbreviated
week end of rest and relaxation
in the seclusion of his leased
estate.
His helicopter landed at 4:40
pm, after a 25-minute flight
from the White House.
Mrs. Kennedy and the two
Kennedy children, Caroline 4,
and John jr., /, were on hand
to greet the President. They
came to Glen Ora by helicopter
yesterday.
Mr., Kennedy is expected to
Evening star., 1962-01-14
Louisville Papers
Get New Editor

LOUISVILLE. KY, Jan. 13
GAP Norman E. Isaacs, man
aging editor of the Louisville
Times, has been named execu-
tive editor of the Louisville
Courier-Journal and the Louis
vile Times.
The appointment was one of
three major staff changes an
nounced today by Barry Bing-
ham, editor and publisher of
the two newspapers.
Robert P. Clark, medical and
science writer for the Courier
Journal, was appointed man
aging editor of the Times, and
Albert E. Allen, Times news
editor, was promoted to assist
ant managing editor of the
Times.
The appointments follow the
retirement last week of James
S. Pope, sr., from the executive
editorship of the papers.
Evening star., 1962-01-14
Hoffa Heck|ed
Co!!eqians

MORGANTOWN, w. Va.
Jan. l3 (AP). - Teamsters
Union President James r. Hoffa
was alternately applauded and
booed here tonight at a public
meeting, which about 100 COL
lege students picketed.
The controversial union chief
was here to drum up support
for his organization in a COL
lective bargaining election
scheduled Tuesday for employees
of Sterling Enterprises, a
plumbing fixtures manufac-
turer.
Mr.. Hoffa used the occa-
sion to throw in a few barbs
at United Mine Workers Dis
trict so and the United Steel
workers Union, both of which
also seek to represent the Ster-
ling employees. The workers cur
rently are represented by UNIV
District so. Mr.. Hoffa said the
record speaks loud and clear
on whether there is a need for
a change of representation"
The college students, who
were among 1000 persons in
the audience, continually
heckled Mr.. Hoffa.
In a question-and-ansWer
period, one listener asked: do
you belong to a subverSive Or
gsnization?"
II have been fighting the
Communist Party since 1882
when many who are in gov
ernment now were either Com
munists or Red followers" he
replied.
Evening star., 1962-01-14

wore a green baseball cap and a
light brown jacket.
The cap, stocking mask and
knife were found a block and
a half away near Ninth and
Decatur streets NV.
Capt. Kptner said the methA
ods resembled those of the
butcher knife bandit, but he
could not be sure it was the
same man. The butcher knife
bandit has struck more than
40 times since June, 1859.
Evening star., 1962-01-14

return to the White House late
tomorrow or early Monday.
Adlai Stevenson called on
Mr.. Kennedy before he left for
what was described by the
White House as a general dis
cussion of United Nations
affairs.
Mr.. Stevenson, the United
States Ambassador to the
United Nations, spent As min
utes with the President. the
White House said. Mr.. Steven
son has been here for talks
with British officials on U. N.
problems,
Evening star., 1962-01-14

where Mrs. Rosetta Miller, 80,
was working alone.
20. K, let's open the cash
drawer" he ordered.
open it yourself" Mrs. Mil
ler said.
The bandit opened tn e
drawer, and took out about SITS.
He then asked Mrs. Miller about
money in back. When she said
there was none, he ran out of
the store and south on Georgia
avenue.
The man, a Negro about Is
years old, 5 feet. 8 inches tall
and weighing 145 pounds, also
Evening star., 1962-01-14
Small pox Scare Grows
In Northern England

LONDON, Jan. IL (AP). -
The smallpox scare spread in
the North of England tonight
and two more cities, Preston
and Hull, took emergency meas
ureS.
In Preston. the city'S medical
officer. J. S. G. Brunett, said
two persons who have arrived
from the smallpox stricken
area around Bradford are un-
der strict observation.
I'VE are taking purely rou-
tine precautions. The period
of observation is 16 days and
for, both people the period is
almost up" he said.
Both suspects had been vac
cinated. One recently arrived
from West Germany, the other
from a town in Yorkshire.
At Hull, in Eastern England,
staff of the health depart
ments and hospitals are be-
ing vaccinated. Tight medical
examination on crews of ships
entering the harbor has also
begun.
DR.. A. Hutchinson, medical
officer of Hull, said Bradford
was near enough to warrant
the precautionary measures.
Five have died of smallpox
so far in Britain, including
three at Bradford.
The disease came to Britain
two days earlier than was at
first reported. A 9-year-old
PakiStanib girl who arrived in
Britain on December % died
in a Bradford hospital on De-
cember 80. Doctors are now
certain she died of smallpox.
Britain and the London area
were first alerted when Ismat
Khan, a PakiStani who arrived
in London from Karachi
Christmas Day, first reported
Evening star., 1962-01-14

he was sick. He died of small
poX on January 7 in a Kent
hospital.
A Bradford pathologist who
carried out the postmortem on
the Pakistani girl was after
ward admitted to Oakwell Iso-
lation Hospital, Birstall, as a
suspected smallpox victim.
Medical teams met planes
arriving at London airport from
Europe and the East. More than
100 Pakistani passengers were
given immediate vaccinations.
Evening star., 1962-01-14
Knife-WieIdinq
Masked Bandit
Robs Cleaners

A man armed with a kitchen
knife and wearing a stocking
mask held up the Central
Cleaners at 4803 Georgia ave-
nue. NV. last night.
e Robbery Squad Capt. Muir
ray Kutner 3aid the man went
into the store around 7:l5 pm,
Evening star., 1962-01-14
Cubun Office Turoet

GUAYAQUIL, Ecuador, Jan.
13 CAP) "A bomb exploded to-
day near the villa that serves
as a residence and office for
Cuban Consul Roberto Suarez
Perez. Police said there were
no injuries and little damage.
Evening star., 1962-07-02

Icurrent efforts to acquire bal
ances in other currencies, the
prepayment of allied debts, and
Operations, when necessary, in
foreign currencies in the inter-
national exchange markets"
Mr.. Rockefeller said United
States Treasury deficits were
causing bankers here and
abroad ito worry actively about
the future of the dollar" The
banker added:
IT would urge upon you a
more effective control of expen-
ditures and a determined and
vigorous effort to balance the
budget"
The President replied: 1--WE
must, as you point out, end the
showdown in the Nations rate
of economic growth-and all of
the domestic measures of this
administration, both Short-run
and long-range, are aimed at
this objective.
Some of these measures cost
money-money which is an in
vestment in creating jobs or
training Skills or building the
dams and highways and other
facilities upon which our econ
omy depends"
! Both agreed the problems
Evening star., 1962-07-02

duction In the corporate In.
come tax rate" He said the tai
burden was holding up invest
ment and making American
industry less competitive In
foreign markets than it other.
wise would be. This lag "slowl
down efforts at cost reduction
through modernization, and il
slows the development and in.
PRODUCTION Of new products"
Capital Outflow Encouraged
Also. he said, tagging in.
vestment leads to downwarC
pressure on interest rates anC
encourages a capital outflow,
which contributes to a de-
terioration in the Nationf
balance of payments"
President Kennedy listed thu
measures his administration
have taken to curb this de-
terioration: Urging nations
getting United States aid II
spend the money here; pressing
the allies to bear more Of thc
cost of defense against com
muniSm; attracting foreign
visitors and foreign capital in
vestment here.
He also stressed new none
tary arrangements, such as oul
Evening star., 1962-07-02

President Kennedy replied:
This country will not-I re-
peat, not-increase the price
Of gold, thereby devaluating
the dollar, impose exchange
controls, rely on restrictive i'm
port barriers or reduce our ef-
forts to strengthen economic
recovery"
Mr.. Rockefeller, who said he
was confident "the thoughts ]
express are shared widely with
in the financial and business
community, both here and
abroad" asked the President
why we have experienced a
relatively slow rate Of growth
in recent years, with con-
tinuing unemployment and ex-
cess capacity" His own an
Swer was:
AT the center Of the problem
lies a vicious circles of events:
Namely, a constant rise in
costs, a squeeze on profits, and
a serious lag in investment"
President Replies
The President replied he had
proposed q new tax credit
which will increase the profit
ability of investments in new
equipment and machinery"
which coupled with the forth
coming revision Of the Treas
ury's depreciation rules will
give "in effect, a tax cut for
American businessmen who
modernize Of more than $2.5
billion"
Mr.. Rockefeller insisted that
more will need to be done as
promptly as possible" He con-
tended:
To-day the tax burden falls
much too heavily on invest
ment - more heavily in fact
than in any other industrialized
country of the world"
He called for a material re-
Evening star., 1962-07-02

gerprint is no different than q
mans signature. Our school
children are entitled to this
protection"
Turning to the controversial
film, Operation Abolition, -
Mr.. Hoover said, Insofar as
the film shows how demonstra-
tors can be induced by Com
munists to go beyond the limits
Of the law" it serves an edu-
cational purpose.
He continued: Despite con-
fusing and contradictory state
ments the truth is that the
students went beyond the limits
of the law and broke up a duly
constituted hearing"
The film is about disturb
ances at a House Committee on
Un-American Activities hear
ing in San Francisco in May,