davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-05-30
School Integration
Law Being Weighed
Aid Setup
EnViSioned
ByOfficioIs
By MIRIAM GUTENBERG
Star staff Writer

A law to provide for orderly
desegregation Of all public
schools is now being seriously
weighed by top administration
The measure under con-
sideration as part Of President
Kennedy's forthcoming civil
rights package would spell out
Evening star., 1963-05-30

by law what the Supreme
Court tried to do by decision
nine years ago.
The emphasis would be on
local responsibility for deseg-
regating the schools.
Linked with the local effort,
however, would be Federal
financial and administrative as
sistance.
And, finally, the courts
would remain in the picture
to back up the Federal effort
to maintain some kind of q
timetable for desegregation.
No final decision has been
made yet on the measure, which
obviously would face the de-
termined opposition of South
ern Senators.
But the administration view
at the moment is to seek the
best possible legislation-realiz-
ing ahead of time that this is
not an issue where Southern
legislators would consider any
kind of compromise.
Case for legislation
Those favoring legislation
rather than attempting to con-
tinue the way desegregation
has been going-or not going
for the last nine years argue
this way:
The Supreme Court in its
1854 Brown decision told the
States that racial segregation
in State public schools violates
the Fourteenth Amendment to
the Constitution, and in its
1855 decision the court said the
States must desegregate with
all deliberate speed"
The high court left the de-
termination of what consti-
tuted deliberate speed" to the
lower courts, where the deseg-
regation suits were brought.
Thus the largest and tough
est administrative job in dec-
AIDES was left TO nonadminis-
trative branch of the Govern
ment-the courts.
Token IntegratiOn
The suits under the Brown
decision have been brought in
a haphazard rather than an
orderly fashion. And integra-
ton in most places has been
token rather than systematic.
The Supreme Court has not
been satisfied with the results
as it made clear last Monday
when Justice Goldberg wrote
that passing time makes con-
tinued segregation less tenable.
In considering school legis-
lation now. the drafters start
by weighing how they would
have handled desegregation of
the schools If the process had
begun under the requirements
Of a law rather than a court
decision.
From this viewpoint, their
approach is that the executive
branch Of the Government
would provide the organization
TO assist the States, TO expedite
desegregation and TO enforce
this tremendous administrative
chore.
A statute implementing the
Brown decision would be cou-
pied with provision for finan-
See RIGHTS. Page AS
Evening star., 1963-05-30

Challenge and Opportunity Seen for
Kennedy in RoeioI Crisis. Poee Alb
Evening star., 1963-05-30
Weather Forecast

District and vicinity-Clear tonight with
lowest Of SIS degrees. Sunny tomorrow,
highest Of rs, Today's high, rs, at noon;
low, 81, at 6 am.
Full Report on POss B-4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

The future of Southwest
Washington is deeply involved
in the recent complex moves
made by william Zeckendort
to preserve control of a part
of the real estate holdings he
has acquired around the coun-
try.
AS explained by a spokesman
for Zeekendorf firms in New
York today. the real estate
promoters control Of a large
chunk of Southwest Washing
ton has been transferred from
one firm in which he has sur
rendered all his stock-Zeck-
endorf Property Corp. - to
another of his firms, Webb &
Knapp, Inc.
In 1861 Mr.. zeckendorf turned
over control of land and prop
critics in the Southwest urban
renewal area to Zeckendorf
Property Corp. as part of a deal
which brought in British capt.
tai to buttress the financial
framework of the New York
er's realty empire.
At that time, the Second
Covent Garden Property Co..
Ltd, of London. an affiliate Of
Britain's Philip Hill Invest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
BY DONALD b. HADLEY
Star Financial Editor

Sale of the 738-unit Brent
wood Village Garden Apart
mentS in Northeast Wash
ington to Lucore, Inc, Of
Washington for SIS million was
announced today.
The purchasing firm is owned
principally by Sidney Brown
Washington real estate opera
tor. The seller of the housing
development was Basic Prop
critics. Inc, of New York.
Brentwood Village is at
Rhode Island avenue and Four
tenth street NE, about three
miles from the United States
Capitol. It includes 19 garden
apartment houses and a shop
ping center with stores and
a theater.
Solomon Klausner, board
chairman and president of Ba-
sic Properties, said in New York
that Brentwood Village was
disposed of because changing
conditions in the neighborhood
made management of the de-
velopment from New York bur-
densome.
He said the company was
realizing a profit on the sale
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Charles Town
Stock Plan Filed

Charles Town Racing Asso-
citation, which operates a horse
race track at Charles Town,
w. Va, has filed a statement
with the Securities & Exchange
Commission seeking registra-
ton of 100000 shares of COM
mon stock, the SEC said yes
terday.
The stock, represented by
voting trust certificates, would
be offered from time to time tc
holders of outstanding stock
purchase warrants.
The statement also included
1850 common shares, repre-
sented by voting trust certifi-
Gates, and 122,315 stock pur-
chase warrants giving rights to
purchase 1853 common shares
These shares and warrants are
to be offered for public sale
by management officials in the
over the counter market al
prevailing prices.
The company has outstand-
ing 1898, 884 shares Of common
stock and million warrants
Management officials owr
about 22.1 per cent Of the out.
standing shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

New York bankers have been
talking for at least two months
of the probability of a hike in
the discount rate to make short
term borrowing more expensive.
This rate is what the Federal
Reserve charges member banks
to borrow funds. And this rate
additionally sets the pace for
the banks own charges to
their customers.
The discount rate has been
3 per cent since mid 1860. Be-
fore that 1t was 31a per cent
and was lowered to counter
act the last business recession.
The prime rate that banks
charge top business borrowers
has been Az per cent for three
years.
An abundance of lendable
funds has maintained stability
in these rates. And the big in
flux of savings has given lend
ing institutions in most sections
of the Nation plenty of money
to lend on mortgages, or to
invest in municipal bonds, or
to finance the normal demands
of business. So these long term
rates have been stable, and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Money Managers Trying Neat Trick

the Federal Reserve, but leav-
ing untouched the prime rate
that bankers charge business
men with the highest credit
standing.
The money managers ac-
tually have been carrying on
this split policy for some time
in their fight to cut the out
flow Of American dollars and
gold. They've kept short term
rates finally high compared
with those on long term loans.
Now the top financial men In
Washington are talking of
making short term borrowing
even costlier-and still hope
fully keeping long term money
comparatively easy.
Treasury Secretary Douglas
Dillon says a study by the
Federal Reserve Bank of New
York indicates that a rise in
short term rates here could cut
this nations balance of pay
ments deficit by $500 million.
Since the balance has been
running against the United
States at an annual rate Of
1872 billion, every little bit
would help.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

announced by L. A. Jennings
chairman of the board and
chief executive officer of the
bank. Mr.. Jennings also an
ounced that James G. Gliding
Vice President of the Southern
Railway in charge of Finance
and Tax matters, had been
elected a member of the Ad-
visory Board of the Branches
Mr.. Gliding, a native of Ohio
attended Georgetown Univer-
sity and Ohio State University
and received his LIB. de-
gree from the University of Vir-
ginia. He has previously served
the Southern Railway as a So
hcitor, Assistant General Tax
Attorney, and, since 1856, as
General Tax Attorney.
1t was also announced that
w. Augustus Partee, jr., who
has been on leave of absence
pursuing special educational
projects outside of the bank, has
been reelected Assistant Cash.
Ter and reassigned to the Credit
Department, effective August 5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

even have eased of late in some
fields.
One reason bankers have
been expecting the Feds dis
count rate to rise is that the
treasury is now paying inves-
tors 3.l64 per cent on its l3-
week bills. This is the highest
yield in more than three years.
theoretically at least, a bank
could borrow from the Fed at
3 per cent and use the money
to get a higher return from
the Treasury.
The Treasury bill yields are
so high because the money
managers have seen to 1t that
the short term market is kept
fairly tight. The New York Fed
eral Reserve Bank notes that
1.-The money market remained
generally firm in June, con-
tinuing the firmer tone that
developed in the latter half Of
May" and that the tone Of the
money market became quite
firm early in July"
The stage is set, whether the
discount rate is raised soon as
expected or other methods of
protecting the dollar are tried.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
New Pilot Union
SgnsC Contract
With American

NEW YORK (AP).-Ameri-
can Airlines has signed a labor
contract with the Allied Pilots
Association, a recently organ
lied rival of the Air Line Pilots
Association, AFL-CIO.
The union is organized only
among American Airline pilots.
A spokesman for the airline
said yesterday the company
plans to reduce its four-man
Jet crews to three men soon.
The third man need not have
pilot training, he said.
The battle for jobs in Jet
cockpits has caused trouble in
the airline industry. The ALL
CIO flight engineers last year
struck against some airlines to
prevent the airlines from re-
curing them to take flight
training.
The Air Line Pilots ASsocta-
ton then required that three
pilots, besides the flight engi-
neer, be in the cockpit. The
airlines contended that two
were enough, and a Govern
ment board agreed.
Pilots and co-pilots of Amer
lean recently voted overwhelm-
ingly to be represented by the
new union.
A company spokesman said
In San Francisco last night
that the airline decided to sign
the two-year contract at this
time despite efforts Of the Air
Line Pilots Association to OBJ
tain a restraining order.
"The National Mediation
Board has certified that the
Allied Pilots Association has "a
per cent representation on our
Ines" he said. And there was
no reason for further delay.
We don't think there will be
any strike in this case that
the Railway Labor Act can't
handle"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Southwest Area Is Kept
By Zeckendorf in Shift

ment Trust, was given a 4712
per cent interest in zecken-
dorf Property Corp. Webb &
Knapp received 4712 per cent
and the Aluminium Corp OF
America 5 per cent.
In a complicated move an
nounced yesterday in which
mr.. Zeckendorf surrendered
buildings, land and stock as a
means of satisfying debt ano
for other purposes, Webb &
Knapp lost its 4712 per cent
share in zeckendorf Property
Corp. and received five Of Il
sites and partly developed prop
critics it originally put into
Zeckendorf Property Corp. The
Southwest Washington land
and buildings represent one
Of the five areas received by
Webb & Knapp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Crown ZeIIerbuch
To Build NewMiII

SAN FRANCISCO, (AP). -
Crown Zellerbach has an
nounced plans for a major ex-
pansion Of its pulp and paper
manufacturing operations ir
the South.
The corporation said yester.
day it will begin site prepare.
tons shortly for a new Kraft
Pulp and Paper Mill at st
Francisville, La, on the Missis.
sippi north of Baton Rouge. Il
will be adjacent to the st
Francisville Paper Co., owned
jointly by Crown zellerbact
and Time, Inc.
The new mill will be wholly
owned and operated by Grown
zellerbach and will involve g
capital investment of more
than $40 million.
Facilities to be constructed
include a Kraft pulp mill with
capacity of $4,000 tons Of
beached pulp a year and two
paper machines with combined
annual capacity of 80 900 tons.
When operating at capacity
the projected st. Francisvillt
mill will require 100000 cords
of pulpwood a year. Executive
Vice President P. T. Sinclair
said.
Railroad facilities to handle
As to so cars of pulpwod daily
will be required, the wood II
come from company timber.
lands in Louisiana and Missis.
sippi, plus outside purchases.
More than 300 men will bt
employed in construction of thu
mill, engineered by Crown Eel
lerbach's office in Seattle. Tit
permanent payroll will b
around 275 persons.
Plans call for plant compile,
ton and start of operations II
late 1865.
Crown Zellerbach operates Il
pulp and paper mills in thu
United States and Canada with
annual production of l.8 millior
tons, as we'll as 30 converting
plants for production o.
finished paper products.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
BY SAM DAWSON
Associated Press Business Writer

NEW YORK. - Tightening
credit in the midst of an
abundance of money is the neat
trick that the nations top
money managers would like to
try.
The idea would be to give
those who have funds to lend
for a few weeks or months a
higher return than at present,
but at the same time make it
no more expensive for you to
buy on time or to finance a
new home or for businessmen
and local governments to han
die their long term borrowing
needs.
The goal is to keep avail
able short term funds con-
tentedly invested at home in
stead of swelling further the
Golfers of foreign businesses
and governments.
Some New York bankers say
the trick can be done-that is.
raise the charges the United
States Treasury pays for short
term bills and that bankers
pay when they borrow from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
BY DON BACON
Star Business Writer

Business has eagerly adopted
the more liberal depreciation
allowances put into effect q
year ago to help spark the
general economy, spur employ
ment and make American goods
more competitive in the world
market.
Commerce Secretary Hodges
announced at a press confer
ence yesterday that in 1852
corporate depreciation allow
ances increased by SAL billion
of which $2.4 billion was at
tributable to the use of the
new depreciation guidelines es-
tablished last July IL by the
Treasury Department.
The new guidelines permit
companies to write off ma
chinery and other assets at a
more rapid rate than previous
ly, thus permitting faster re-
tirement of old or obsolete
equipment.
Cut Taxes $1,25O,OOO,O 900
The guidelines amounted to
a tax cut for business and, &C
cording to the special survey
conducted by the Commerce
Departments Office of rLsi-
ness Economics, reduced in
come taxes last year by $780,
100000. Corporations also
claimed investment tax credits
of. 81 billion last year, taking
advantage of a new law, the
Department said.
Announcing the new guide.
lines, first revision of depreci.
alton schedules since 1912
President Kennedy said he
hoped the move would help the
United States to become more
cost-competition in foreign
trade, step up the Nations rate
of growth and improve the I'M
employment picture.
1t is still too early to de-
termine to what degree the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Brentwood Village Is Sold
ToD.C. Firm for S. Million

John P. Stippel announced. The
new and enlarged quarters at
Fourth and Main streets will
house the banks rapidly ex-
banding consumer loan de-
partment. w.,
Plans call for reopening Of
the original entrance, per-
hitting direct access to the
loan department both during
and after regular banking
hours.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Steel Picture
Seen CIouded
TIL Labor Day

NEW YORK (AP).-A trade
journal said today a clear pic
ture of how things are to shape
up in the steel industry will
not emerge until after Labor
Day.
Cross-currents in production
and market demand will cloud
conditions through the remain
der of July and August, the
Iron Age, Woodworking weekly
said.
Demand and mill output have
spiraled ward for six
weeks, but not uniformly as to
various products, and estimates
differ as to when a leveling
can be expected.
The magazine said a seasonal
letdown in manufacturing will
prevent an accurate assessment
of inventories by big steel users,
and prolong liquidation of ex-
cess stocks.
Uncertainty as to the general
level of business activity in the
remainder of the year also was
cited.
Further, the product picture
is scrambled" the Iron Age
said. This is reflected in un-
expected strength (of demand)
in some products and a real
collapse in demand for others
Most users will try to slide
through the summer without
making major commitments.
Instead, they will fill holes in
stocks. take care of immediate
needs, and try to evaluate au-
tumn business"
This will give the summer
months a pale look compared
with the robust first half of
the year. Production is likely
to sink to about so per cent of
capacity (from the present 81
per cent? as vacation and other
seasonal factors compound the
general weakness caused by in
ventory liquidation" it said.
The magazine added that
after Labor Day consumers will
re-asSeSs the outlook and in
crease buying.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Riggs Jumps Surplus,
Votes TWo Dividends

Directors of The Riggs Ma
tional Bank yesterday declared
two regular dividends Of 81 per
share, and transferred S. mil
lion from undivided profits to
surplus as a means of increaS-
ing the banks lending limit to
any individual borrower.
The dividend payments will
be made on July IS, to share
holders Of record July 7, and on
october IS, to shareholders of
record September 80. The capt.
tai transfer brings the banks
capital and surplus to $35 mil
lion, and would permit a single
loan of $3.5 million.
The directors actions were
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
Eased Depreciation Guides
Eagerly Adopted by Firms

change will affect business and
the general economy, but the
guidelines, as pointed out yes
terday by the Commerce De-
partment, are proving popular
with business.
The department said cor
porations electing to use guide
line service in their 1862 tax
returns accounted for nearly
SIS per cent of total deprecia-
ton allowances last year. The
changeover permitted tn e e
firms to increase their depreci-
alton allowances by about 20
per cent from the old sched-
uleS.
Extra $2.3 Billion
Together with the new in
vestment tax credit, passed by
Congress last year, the n e W
services provided business with
an additional cash flow of $2.3
billion, the survey said.
The transportation industry
showed the largest relative ben
eft from additional deprecia-
ton allowances, a II per cent
increase in write-offs from the
old schedule. The manufactur-
ing and mining industries fol-
lowed, with a IA per cent in
crease.
When the guidelines were
announced last year, the Com
merce Department estimated
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
ALLEGHANY JOINS
WEBB & KNAPP
IN LAND DEAL
By Dow Jones

The Allegheny Corp. and
Webb & Knapp said yes
terday they have formed a
joint venture, the Land
Value Corp, which has &C
quired a 43.5-acre Garden
City Iong Island) site
from Webb & Knapp.
Allegheny invested So
million in the new company
and received at 81 per cent
interest. Webb & Knapp
got the 40 per cent balance.
AS part of the transaction,
the companies said certain
unpaid rent owed to Ale
ghany has been paid. It's
understood that Webb 81
Knapp used the proceeds Of
the land sale to pay off the
debts. -tt
A statement from the two
companies said Webb 81
Knapp expects to be able to
meet its obligations for the
rest of the wear
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
National Sovings
Declares Dividend

The directors of National
Savings g. Trust Co. yesterday
declared the usual quarterly
dividend of 80 cents a share,
President Douglas r. Smith
announced.
The dividend will be paid
August / to stockholders of
record at the close on July Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

the average allowable life of
machinery and other business
assets could be figured at IL
years, compared with about 10
years previously. The average
allowable life, of course, would
vary depending on the equip
ment.
In addition, the new guide
lines consolidated more tn a n
5000 items, previously consid-
cred separately, into about 500
categories.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10

and a substantial amount Of
cash for reinvestment.
The New York firm is a
public company formed late
In 1851 to take over a number
of office buildings and other
properties formerly controlled
by syndications and a limited
partnership. It owns and OPP
crates office buildings and
apartment buildings in New
York. Baltimore, Minneapolis
and WASHINGTON.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
New Treasury Post

President Kennedy yesterday
signed a bill giving the Treas
ury an additional assistant Sec
rotary. The official would have
direction over the mint and the
Secret Service, among other
duties.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-10
RemodeIing Started
By Laurel Bank

Remodeling of the original
building of the Citizens Ma
tional Bank of Laurel, Md,
started this week, President
The Sidney herald., 1963-02-20
Cherry Creek News

Earl Mccoy of Andes was
a dinner guest Monday at the
Aldo Zoanni home.
The pupils, visitors and
teachers of Cherry Creek school
had their Valentines party on
Thursday afternoon. Mrs. Gus
tafson favored them with home
made candy and Mrs. Raaum
sent two cakes decorated for
the occasion. Visitors were An
ME Zoanni and Jerry Zoanni.
Mr.. and Mrs. George Baker
returned to their home after
spending the greater part Of
the winter at the home of
their son and family, the By
ron Bakers, of Seeley Lake,
Minnesota.
The school board members
of the Riverview school met
Monday afternoon at the May
nard Cellmar home to make
preparations for the coming
school term which will begin
in March.
Mrs. Ronald Barth and
daughter and Mrs. Ruth Mat
telin of Culbertson were Friday
coffee guests of Mrs. Wilfred
HerneSS.
Mrs. Everett Baxter and girls
and Mrs. r. Baxter and Sor
were Saturday visitors at the
Paul Amestoy home in Sidney
The Sidney herald., 1963-02-20

military service. No regulations
changes are involved.
cit is all a matter of schedul-
ing on the part of the local
unit" a National Guard Bureau
spokesman points out. "By
carefully processing young men
who sign up in a common ba-
sic skill category we can keep
them together"
Here is how it works. Bud
Jones and Ted Smith, high
school seniors, enlist together
in the same company of an
engineer battalion. Both are
able to defer the start of their
six months of active duty
training until after graduation.
(An others, excepting high
school undergraduates, must
begin six months training with
in 100 days following enlist
ment.) The local unit comman-
der can arrange for both young
men to enter active duty on
the same date.
AS a matter of Army policy
all of the men from the same
| geographical area undergo ba-
sic at the same basic training
center. So much for the first
8 weeks. In a case where both
enlisted for engineer training
they would most likely be sent
along to another post, such as