davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-01-15
BY SYLVIA PORTER

debt will be projected at more
than $40 billion, a record, and
the largest item in the budget
after defense.
That is the picture after %
months Of business advance to
record levels.
Question No. /: How, then,
can the administration propose
and Congress vote to reduce
taxes? There is no doubt that
tax cuts would swell the defi-
cit and the debt.
Answer No. 1: On the theory
that without tax cuts to spur
consumer and business spend
ing, there is little hope that
we'll be prosperous enough To
create the taxes to balance the
budget. Our deficit will con-
tinue indefinitely, our debt and
debt interest will climb and
climb. But with stimulating tax
cuts, the odds are good that
higher profits and paychecks
will produce enough taxes to
bring Federal outgo and income
into balance and put us In
sound financial shape.
Initiation is Gamble
Question No. 2: Won't thii
combination of money-creatina
deficits and debt send us into
another inflationary spiral?
Answer No. 2: The odds are
against renewed initiation be-
cause Of slack production, high
unemployment, surpluses anc
fierce competition. Also. the
Treasury and Federal Reserve
System are determined to H.
nance the deficits via the least
inflationary methods - mean.
ing, the Treasury will pay the
interest rates needed to attract
savings and will hold to mini.
mum borrowing through the
banks which would lay the base
for an expansion of buying
power.
Thus, Mr.. Kennedy will bC
asking Congress to take a gam.
BILE to get the economy back
into q cycle of sustained
growth-the only fundamental
solution TO q balanced budget
and stabilized national debt
as well as full employment and
production.
Distributed, 1913, by the Hall Syndicate
Inc. All Rights Reserved
Evening star., 1963-01-15
YOUR MONEYS WORTH
Record Budget,
Record Debt

Almost every government fl
nancial statistic that President
Kennedy submits to Congress
will appear downright awful in
terms Of the nations traditions
Of thrift, living within ones
means, holding down debts and
paying minimum interest on
loans. Here's a look Of what's
to come:
Cd The Federal budget for
the year to begin July will
be the largest ever, in war or
peace, 1t will be under $l00
billion only because the White
House ordered the Budget Bu-
reau TO pare money requests
wherever possible. Mr.. Kennedy
had and has no illusions about
how q 500 billion budget would
be greeted in Congress and
what 1t could do to his leg
islative program. Defense
spending will be up in the ssh
$50 billion range. Space
spending will be higher. Inter-
est on the national debt will
be way up.
Deficit Mounting
(2) The deficit in this budg-
ct will be estimated at IS bill
lion-pluS. This won't take in
to consideration what could be
the initial impact Of tax cuts
and, Of course, it's just a guess
for this budget is to cover o
period which won't end until
Is months from now. 1t will
mark the third budget deficit
In Mr.. Kennedy's three years
Of office, the fourth deficit ir
q row. 1t will come on top oi
a deficit estimated at $7.8 bill.
lion from the 1863 fiscal year
q deficit of $6.3 billion chalkec
up in 1852, of $3.S billion re-
corded in 1861.
(3) The national debt will
be projected at more than s30e
billion during calendar 1868
above the legal limit now sci
by law. This means Mr.. Ken.
nedy will have to ask Congress
to raise this limit right in the
middle Of the debate about tar
reduction - about as embar.
RAISING a coincidence Of tim.
ing as could be imagined. He
must request authorization oi
the first increase in March, for
by law. the legal limit is due
to drop to s305 billion on April
/, to $500 billion on June "a
and to S285 billion on July /
With the national debt already
above $305 billion, Congress
must vote the raises or the
government would have to de.
fault on its obligations.
! "a Interest on the nationa
Evening star., 1963-01-15
1862 Gains Reported
By Potomac Federal

Potomac Federal Savings &
Loan Association had invested
savings of S4,914,399 at the end
of 1862. a gain Of s703,642
from q year earlier President
William E. Shannon an
nounced.
Assets totaled S5,254,9S4 at
the year end, compared with
$4,842.904 at the close of 1861
The association paid a total Of
$l87,60s of dividends in the
year. In the last three quar-
ters they we're paid at an an
nual rate of 4A per cent.
Evening star., 1963-01-15

Starting January ID, American Airnes will offer
new round.trp excursion fares that save you l5%
on lights to DaIlas/Ft Worth and San Antonio.
us the same as flying $50 miles free out OF
every 1000.
And what's more, passengers over the age OF
but under l9 pay only half the new fare, as long
as they are accompanied by someone le or over.
Now forthe Zine print"
Evening star., 1963-01-15
Central Charge
Promotes AIthous

Central Charge Service, Inc,
announced yesterday that Dom
aid c .Althaus has been pro-
NOTED to general manager Of
the Washington office. from
the post of general credit man
ager.
James E. Burke, formerly
general credit manager at Smell
lenburss department store in
Philadelphia. has been ap-
pointed general credit manager
at CCS.
Evening star., 1963-01-15
Dividend Is Declared
By Atomics Fund

Directors of Atomics, Physics
& Science Fund have declared
a dividend Of 3 cents a share
from investment income, it was
announced today.
The dividend will be paid
February IL to stockholders oi
record at the close of JAM
uary IL
Evening star., 1963-01-15

l.Fllghts must depart between noon Monday and
noon Friday or between am. Saturday and 3:59
am Sunday.
e Round trips must be at least days but no
longer than % days.
g. And the new excursion fares will not apply on
the days before or the days after Washngtons
Birthday and Easter Sunday.
This l5% saving applies to all American seats to
Evening star., 1963-01-15
$50 Million Bonds
Voted for Southern

Stockholders of Southern
Railway Co. at a special meet
ing in Richmond, Va, today,
approved the issuance of $50
million Of mortgage bonds. sub
jeet to approval of the Inter-
state Commerce Commission.
The railway has announced
Evening star., 1963-01-15


at the recent annual meeting
and Mr.. Kelly's elevation to
the presidency was voted later
at an oreanizational meeting OF
the board. 1t was announced
today.
Mr.. Kelly succeeded Edgar
Littleton. veteran banker, who
was named president emeritus.
r. Carbery Ritchie. executive
vice president. also was elected
board chairman.
In retiring as president of
the institution, which is Fair
fax County's oldest bank, Mr..
Littleton completed a long
career in banking. He joined
the bank in 1908 and previously
was with Leesburg, Va, bank
. for around is years.
Joined Board In 1881
Mr.. Kelly, who has practiced
law In Fairfax with his own
firm, Kelly, Jennings. Louk &
Farley, has been a member Of
the banks board since January,
1851.
He became vice president in
1860 and both vice president
and board chairman in 1861.
He is a native of Fairfax and
received both his bachelor and
law degrees from Washington
and Lee University.
Stockholders approved a re-
duction In the par value of
capital stock TO $40 a share
from 500 in addition to a
doubling Of the amount from
$500, 900 to 81 million.
The larger capitalization will
be accomplished by issuance
of a 100000 stock dividend and
sale Of additional shares to
present stockholders at $50 a
share on the basis of four
new shares for each five now
held, Stockholders will receive
pre-emptive rights to purchase
the additional shares.
In addition to the stock divi-
dend, the bank paid two regu-
lar 3 per cent semi-annual div
idends In 1862, plus an extra
of l per cent for each dividend
period.
Surplus Also To Increase
As q result OF the stock div-
dend and the stock offering,
the banks surplus also will be
increased to 81 million from
$500, 900 and undivided profits
will approximate $4,000.
The stock dividend will be
issuable on the effective date
for the capital stock increase
as determined by the con-
troller Of the currency.
Other officers Of the bank
include Albert r. Sherwood,
vice president. His son, Stacy
c. Sherwood. was advanced to
vice president and trust off,
Ger from cashier. Samuel C.
Caldow was promoted to cash.
ier.
Mrs. Alice Hicks and Mrs.
Jean s. Lyle were named assist
ant cashiers and trust officers.
Other assistant cashiers in
clude: Carlos E. France, Mrs.
Florence K. Prah, Paul L.
Decker, Elson S. Phillips, jr.,
and John c. Moser.
In addition to Mr.. Kelly. Mr..
Littleton. Mr.. Ritchie and Al
bert Sherwood. the following
were re elected directors:
Thomas P. Chapman, jr., Rob-
ert D. Graham, Champ F..
Hutchison, Barnard F. Jen-
nings, w. Lewis Leigh and
Hugh B. Marsh.
Evening star., 1963-01-15
Kelly Named President
Of Bank in Foirfox,
CopitoI to Be Doubled
BY DONALD b. HADLEY
Star Financial Editnr

Wise Kelly r Fairfax, Va attorney has been elected
president Of the National Bank Fairfax stockholders
have approved doubling of capital stock 81 million to
permit 20 per cent stock dividend and offering of add
tional new stock to holders at $50 share.
Approval Of the increase by stockholders took place
Evening star., 1963-01-15
Reserve District No.
REPORT OF THE CONDITION OF THE
SECURITY BANK

OF Washington in the District of Columbia at the close Of
business on December 49, 1852 published response call
made by Comptroller of Currency Under Section 52 o. s.
Revised Statutes and call made the
OF TINS district pursuant to the provisions Of the Federal Re-
Act.
Evening star., 1963-01-15
DAVID E. ROCHELLE, Vice Presid

FRANCIS @. ADDISON, Jr
FRANK A. GUNTHER
ROBERT K. KooNTZ, JR.
CARL E. DUNNTNGToN
RUDOLPH T. HARRELL
Evening star., 1963-01-15
MEMORANDA

other ---.------------ -
deduction S32302010
DAVID E. ROCHELLE Vice President and Cashier of the
bank do hereby declare that this report cond
on true and to the best Of knowledge belief!
DAVID E. ROCHELLE Vice President and Cashier
We the undersigned attest the correctness Of this
report Of condition and declare that by
us and to the best Of our knowledge and belief true and
correct.
Evening star., 1963-01-15

AARON w. JACOBSON
EDWIN JACOBSON
CLYDE e. KELLOGG
JOHN v. LAWRENCE
STACY M. REED
Directors
Evening star., 1963-01-15

the above cities, whether First Class or Coach let
or prop planes
For complete information and reservations, see
your travel agent or telephone American AlhInes
Our number Is EX 3.2345.
Mlistes ound trio lsI
Jet Coach DalssIFt WoTth G. Hs-.I. i
regular fare iAss so 40 So
excursion fare i2e3o i4Sao
IRNCNW AZRZ/NNES(N
A"NH~e4s LAAa~0 A~~t~S W.
Evening star., 1963-01-15

Jet Coach
regular fare
excursion fare
Kodiak mirror., 1963-08-16
Little League

Continued From Page D
 trophies and certificates of ap- preciation will be presented to those boys who will have reached their 18th birthday by next season and therefore be ineligible to par ticipate in Little League further. be held the election of officers for be held the electon of officers for the coming year. The presidency of the league alternates between the town and base and the new presi- dent will be from town.
 After the election of new officers there will be a puppet show pre- scented by Nelson Downend, whose clever presentation on TV recently have become very popular here.
Kodiak mirror., 1963-08-16
Thoughts On Returning Home
By A. Holmes Johnson, MD.

A. Holmes JOnnSOn,
 Kodiak returned to the the Planet Earth which beauties Of Nature beyond compare have returned home
 Kodiak scenic advantage Its suaton majestic mountains rising hgher they the the island the town and the blue the their fethe islands dottng the bay blending with the living green of the hill sides which covered with the magenta of the friendly songbds and other beauties of Nature make superior place this world
 to the town itself quickly live its surroundings We must admit ugly buildings hac about the There much dirt and dust rubbish piles debris There properties that semblance of attaining their abilities
 This particularly after driving through the throughout the middle noting their streets and sidewalks their spacious their wekept full gardensthe clean windows walks rubbish the streets and broken-down their byways
 Why does Kodiak with all of its advantages beauty to be sordd? Why with all the clean beauties Nature every must it be dirty? Why do who marveously everything to make life complete fail to pride little city that is shown by others with
 must confess that am selshnot for myself Kodiak to tty city the most beautiful all points. It is not impossible
 Kodiak be the most desirable place habta don we desire it to be. If each of gain local pride in rich heritage that will conte n t with nothing less than the best for make its enviabe and show thing that will them supevs that r will cause us to do the beauty our town
 would like add practical suggestions toward % end week - ~ ~
Kodiak mirror., 1963-08-16
Cr,1dr. L. Newman Retires In Kodiak

Commander Lawrence w. New man retired from the United States Naval Reserve with 20 years of ac- tive service on July 31 1863.
 Commander Newman has served as Executive Officer of US. Fleet Weather Central, Kodiak since 1861. During portion of this tme he served as acting Commanding Officer. CDR. Newman entered the Navy in January, 1943. After re- ceiving his commission, he served as flight instructor at MAS, Dallas, MAS, Livermore, California and as training instructor at MAS, Atlanta and at the Naval Amphibious Base, Coronado, California. He attended the Naval postgraduate school at Monterey, California from January, 1853 until June, 1854.
 He served as Executive Officer at US. Fleet Weather Central, Ko- diak on previous tour from June 1854 until September 1857.
 Commander Newman was honor ed with his final inspection of all hands and a reception at the Naval Base on the 18th of July. Comman- der and Mrs. Newman were pre- sented with a silver tray com memerating the completion of 20 years of active duty and their time in Kodiak.
 The Newman's are currently making their home in Ogden, Utah.
Kodiak mirror., 1963-08-16
CARD OF THANKS

The family of Joe Naumoff wish to express their deep appreciation for the many kindnesses shown by the people of Karluk and Larsen Bay following their recent bereave- ment over the loss of Joe and cs- pecially to thank the many who as- sisted in the search for him.
 Mrs. Marina Wasilie
 Mrs. Fred Katelnikoff
 Eunice Naumoff
 The Naumoff Boys
Kodiak mirror., 1963-08-16
GRANDMA'S PICNIC

The Grandmothers Club will hold their next picnic at Bea Nachweih's place at 1 pan. Sunday the 18th. Anyone needing transportation or other information call Dera Brun- stad.
Kodiak mirror., 1963-08-16
Kodiak Mfror &y1aA.s As otss Y oaaaAkas eA~f Nah4e oalaad

Published every Friday at Kodiak, Alaska Yearly Subscription Rate $500 Second mail privileges authorized at Kodiak Alaska Send notices of unbelievable copies to: THE ISLAND PUBLISHING COMPANY Box 13O7 Kodiak, Alaska
 Sig J. Digree, Publisher
 Karl Armstrong, Editor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
De GouIIe, Aides Confer
Prior to News Session
THE SUNDAY STAR
Washington, D. C., July 70, 1868

statement, but what this might
be, only Gen. de Gaulle knows.
Usually, even cabinet ministers
do not know, and on one oc-
casion five irate ministers re-
signed in protest against what
the president had said on Euro
pean policy.
Gen. de Gaulle's last previous
news conference on January
IA, Jared the Weston world
with a veto on British men,
bership in the Common Market,
and curt rejection of Presi-
dent Kennedy's proposals for
an integrated nuclear force for
the North Atlantic Treaty Or
ganization.
Gen. de Gaulle may use the
conference as o platform to
reply to Mr.. Kennedy's various
actions since then-particu-
larry to Mr. Kennedy's speeches
in Germany, pledging enduring
American support to a truly
cohesive" Europe within an
Atlantic partnership.
Other events since last jan
uary which may also call forth
comment from Gen. de Gaulle
include the open split between
Russia and Red China, and the
partial nuclear test ban ac-
cord among the United States,
Britain and the Soviet Union.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
Indian BuriuI Ground
PIundered at Nioht

ARNOLD, Mo-, July ~ (AP)
AN ancient American Indian
burial ground held up work on
a large housing development in
Jefferson County, Mo-, yester-
day.
About 40 stone-lined graves,
most Of them apparently con-
tanning the remains of chill
dren. were exposed by q bull
dozer earlier this week but work
continued. When word reached
the Jefferson County prosecut-
ing attorney, Brunson Bollings.
worth, that people were plum.
dering the graves at night-he
ordered work stopped.
A group Of University of Mis-
souri, Psychologists are now al
the scene.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
Policeman Hurt,
z Held in Fight
Near Barracks

Two men were charged with
assault on q police officer as
the result Of q free-for-all near
the Marine Barracks on Ninth
street Sc. Friday evening.
The Marines sunset parade
was the indirect cause of the
fight. A resident of the area
complained to Police Pvts. Carl
Bowser and Stanley Walker
that a car was illegally parked
in front of his home.
The officers explained that
such parking was permitted
during the Marine ceremony.
An argument developed, two
other men came up and the
fight started.
Police said Harold Allen
Smith, 20, of the TOO block of
Ninth street. threw q kitchen
chair at Pvt. Walker, and Ray
mond w. Martin, 10. OF the
1000 block Fourth street Sc,
knocked Pvt. Bowser to the
ground, Pvt. Walker suffered a
broken rib.
Pvt. Bowser said he hit Mar
tin on the head with his night
stick, but Martin kept swinging
until other officers from the
Fifth Precinct came to the
rescue.
At a preliminary hearing in
General Sessions Court yester-
day, the case was continued
until August 2 at the Govern
ment's request. because Pvt.
Walker is in Washington Hos
pital recuperating.
In addition to the charge
Of assaulting a policeman,
which is q felony. the two men
were charged with disorderly
conduct, a misdemeanor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
Bethesda Man Takes
GIodioIus Show Honors

ton. George C. shaffer Trophy, Mr..
Shaw; Section D. Mr., and Mrs. Gordon
Sossish Trophy, ]. Donald Conn; 8.
Spike Display, Frank Ball, ST., Trophy
Henry Fraz, Baltimore, Md.
Best Florists Exhibit, National Gald.
iolus Society Plaque-Conklyn's Florist
Shop, 2046 Wilson blvd, Arlington
Also winner Of Florists Sweepstakes.
Champion Basket, Mr.. and Mrs
Kenneth schaible Trophy-Mrs. Robert
Best in show Artistic Design, Mrs
9. 7. Pleasant Memorial Trophy and
Cutwright Award-Mrs. Ralph Me-
Dowell, Chevy Chase, Md.
Class Artistic Design Winners -
Charles M. Cox: Glass 2, Sports
Spectacular" Mrs. Robert A. Kaye;
Class 3, Cool and Refreshing" Mrs
=; c. Pearson; Class A. "Flambeau,'
Also, Class 5, Festival of Gold"
Frank Sharpnack; Class g. Study al
Leach; Glass z, "Dare to be Differ
emit" Mrs, Ralph Mcdowell; Class g
Space Age" Mrs. Mcdowell.
Sweepstakes Artistic DESIGN, Mr.. and
Mrs. Edward L. Gates Trophy-Mrs
Robert A. Kaye. GA Donahue court,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
zuckert Denies
Sailing Tactic
In Tx Deal

Secretary of the Air Force
zuckert denied in testimony re-
leased yesterday that the Penta-
gon stalled the Tx war plane
contract to let the General Dy-
namics Corp. "catch up" with
a rival bidders better design.
Mr.. zuckerttold the SenateIn-
Investigations Subcommittee
the General Dynamics design
was superior from the start to
that Of its rival, the Boeing Co.
The committee is Investigate
ing whether favoritism or bad
judgment might explain why
General Dynamics won the con-
tract last November with a bid
$3.50 million higher on It's face
than Boeing's. The ultimate cost
Of the contract is expected to
exceed $6.5 billion.
Mr.. Zuckert challenged both
the cost figures and suggestions
some Of the investigators have
voiced In hearings that the me-
gotiations were prolonged
through four successive rounds
of design competition.
They contended this could
have let General Dynamics
catch up with superior design
features Boeing had proposed
in the early rounds. Top mill
tary officers had rated these
features as sufficient reason
to award the contract to Boe-
ing.
Rather than catching up"
Mr.. Zuckert said, General Dy-
namics gained an advantage
in the technical area at the out
set and maintained this adj
vantage during the entire COM
petition. =. Boeing had the
same chance to catch UP that
General Dynamics had to stay
ahead"
Mr.. Zuckert insisted that
top military officers who have
testified the Boeing design and
proposal promised a better,
cheaper version of the sophis-
ticated new Tx fighter bonn
Der were wrong.
Testifying at a closed hear
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28
sS75 INCHES ON TULSA
!: Now Stop 1t, Rainmaker

at least slow down-the rain
fall.
The rain had started to
abate in some areas before he
agreed to try to stop 1t, but
clouds were still heavy and
rain was still falling in many
areas.
The storm extended in a 60
mile belt around Tulsa and up
to five inches Of rain was
measured in surrounding areas.
In some places, storm sew
ers erupted like geysers. Others
spat it across streets in foun-
tain-like jets.
The Weather Bureau had nc
comment on the "rainmaker.
1t called the heavy rain "just
a local phenomenon"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28

Eldon E. Shaw, Of Bethesda,
yesterday won IS top honors in
the 14th annual show of the
National Gladiolus Society at
the Botanic Gardens.
Mr.. Shaw. of 9615 Montgom-
cry drive, won the Grand
Champion Spike award for
large displays, the John L.
Bishop Memorial Trophy for
his Rainier variety entry, as
well as the Reserve Champion
Spike award, the Conklyn's
Florist Trophy for his Victory
variety entry.
Mr.. Shaw also won The Eve
ming Star Trophy with his
Victory entry in the Best Large
Recent Introduction category
He won top honors among
small entries with his Farfait
variety and the Mr.. and Mrs.
c. M. Clement Trophy for the
Best Small Recent introduce
ton with the Rainier variety,
and several other honors.
- Open to Public
The show will be open to
the public from 10 am. to z
pm. today at the Botanic
Gardens at Maryland avenue
and First street S.W.
q Winners in yesterdays COM
petition included:
Grand Champion spike Large >
John L. Bishop Trophy-Eldon =.
shaw, 9el5 Montgomery drive BE-
reserve Champion spike Garsel'
conklyn's Florist Trophy-.Mr. Shay.
sandy Memorial Trophy-Mr. shaw.
Reserve Champion (small. Charies
vsnuto rrophy-John Bray SAi"'
more sEss:;d NM; Champion. North American q.
f.isStoius Council Rosette-Mrs. Evelyn
Srem' Reisterstown, Nd. ,..,.
Best Large Recent lnLrooue'iOn
Evening Star Trophy-Mr. shaw. ~.
Rest Small Recent Introduction M
and Mrs. c. M. Clement TrophS-Mr
sn ss:t Canadian origination. 9. W
BolFiano and Co. Aw IeIT,da.tIo5. ssA~w
sol si:s r Snd Go; HvsTd~Dr.ij. B
Conn, windsor. Pa. =,
Best us. Ordination. 9. ". Boil
siano and 30. Award-Mr, SHAW
Best All-American Introduction, MRS
John l.. Bishop Trophy-Mr. Shaw.
j Best Spike In the Thunderbird yari-
ETY., Ford Motor Co. Trophy-Mr, Shaw
Best Open Section Giant Spike, Mr.
apd Mrs. A. Z. Mercker Trophy-Mr
Best open Section Large Spike. John
Pickett Trophy--Mr. shaw.
Best Open Section Medium spike
4b0 West Broad street. Falls Church
Best open Section Small or Nina
tnfe Spike, Five Hills Garden Club
TrOphy-Mr. shaw,
Best Spike IN Section d (Qrowers
Of 800 bulbs or least. Eldon Il. shaw
Trophy. Donald Conn, jr., Windsor,
Best Spike in Section Il backyard
beds Of less than $50 bulbs), National
qladlolus Society Trophy--John Brady
~, eSs sS5IIs. IF T sS Display
Mrs. Robert deanious, winchsstsP Va
sweepstakes champions-opsn Sec
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-28

were evacuated In low areas. So
were Indians camped in a
park for Tulsa's annual pow
WOW.
Dozens Of underpasses were
flooded, cars stalled in deep
water throughout the city and
at least 10 fires were reported
started by lightning. Numer-
GUS scattered power failures
were reported.
The "rainmaker," who had
vowed Thursday afternoon to
bring at least two inches of
rain to Tulsa within u hours,
said he had never tried to stop
rain once it started, but added,
81 believe it CHS process
would work In reverse"
He agreed to try to stop--or