davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-10-09
New S&LCOde
With Tighter
RuIesPIanned

The Federal Home Loan Bank
Board plans to issue "as
promptly as possible" regula-
tons concerned with the per-
Torrance of savings and loan
associations, Chairman Joseph
P. McMurray has announced.
Mr.. McMurray told the
Florida Savings and Loan
League the regulations will be
issued soon because of recent
developments, particularly the
trend toward 5 per cent divi-
dends in California, that are
not in the interest of sound
economical home financing"
He said the regulations would
require deferral of loan fee in
come, establish tighter eligi-
bility standards for advances
from the Federal Home Loan
Bank. and increase ALLEGATIONS
to reserves.
Mr.. McMurray, speaking at
the Florida groups 40th an
nual convention, said the
measures would have no signifi-
cant effect on the soundly
managed majority of the saw
ings and loan industry, but
would place the restraint on
the fringe operators"
SOunder Accounting
These steps will restrain
many associations, he con-
tinued, by requiring the use
of sounder accounting pro-
cedures in determining income,
by raising reserve ALLEGATIONS
in line with normal growth,
and by limiting access to Fed
eral Home Loan Bank advances
If the record of an institution
is not clearly one that can
be labeled sound and eco
nomical.'
A Vermont savings banker
told the group that its best
hope for significantly ex-
banded investment powers is
through conversion to Federal
mutual savings banks under
legislation now pending in
Congress.
Frederick P. Smith, president
of the Burlington Savings
Bank, declared that at least
for now and for the indefinite
future-until something more
profitable for stockholders
comes along - commercial
banks are active invaders of
the savings and mortgage mar
ket."
LAS long as this situation
prevails" he continued, I'VE
can be certain that they will
not be happy about COMPETE
ton from other forms of in
situations.
THE voracious commercial
bank appetite is now regarding
the thrift and home finance
industries as its next morsel."
Growing Alliances
Mr.. Smith, who is chairman
of the committee on Federal
legislation of the National AS
ISOLATION of Mutual Savings
Banks, noted the growing al
lance between savings banks
and loan associations and
traced its inception to the close
cooperation between these in
dustries "in wlthstanding COM
mercial bank attempts to sad
die us with an onerous and
inappropriate tax formula"
He referred to the so-called
tax equality bill that came be-
fore Congress in 1862.
Mr.. Smith said there is gen.
eral agreement among market
observers that home mortgage
demands in immediate years
ahead may fall below the gen.
Grafton of new savings and that
the 500 billion savings and
loan industry in effect is locked
in a single private capital mar
ket sector.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-10-17
IBM Winner of SIS Million Project

A SIS million, five-year cleo
tronic equipment assignment
was awarded last week to the
Federal Systems Division of the
International Business Ma.
chimes Corp, Rockville, for the
major Saturn launch vehicles
in Project Apollo.
IBM will integrate and check
out the electronic instrument
units of the Saturn vehicles, will
design and manufacture the
data adapters for these units,
and will develop and produce
the digital computers, used for
guidance, for the instrument
units.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-10-17

The National Aeronautics and
Space Administration said it
would negotiate with IBM a
Observation-Disclosures contract
applied to the Saturn lib and
Saturn v rocket vehicles.
A major part of the work will
be done at IBMs Oswego, N. Y.
plant, NASA reported.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-10-17
Sorority Event

Delta Phi Epsilon Sorority of
the University of Maryland will
dedicate its new sorority house
at 4515 Knox Rd., College Park,
beginning 2 pm. Oct. 20.
Parents and friends of soror-
ity members are invited to the
open house.
Evening star., 1963-05-14
The u. Ms Cash Crisis

The special session being convened
today by the General Assembly is a
rather desperate thing. It's objective is
to save the United Nations from the
bankruptcy that will surely hit it unless
its financially delinquent members have
a change Of heart and start paying
what they owe.
These members include the Soviet
bloc, most of the Arab states and such
other countries as France, Belgium and
Portugal. Up to now they have stead
faStly declined to meet their assessed
share Of the cost Of the U. MS peace
keeping operations in either the Congo
or the Middle East or both. AS a result,
with the operations involving an outlay
of over $12 million a month, the world
organization is running deeper and
deeper in the red, to the point Of real
financial crisis.
The situation has been taken care
Of thus far with budgetary juggling,
extra contributions from the United
States, and $200-million U. N. bond
issue, half of which has been bought up
by our Government. But all such i'm
provisations and Stop-gap measures are
inadequate at best, and they have about
run their course. BY way Of example,
influential voices In Congress and the
executive branch have been warning
that American largess has its limits and
that our country is going to stop footing
most Of bill that others-particularl
the Soviet Union-are defaulting on.
This warning is well supported by
the World Courts 9-to-5 advisory opin-
ion," as handed down last July, holding
that all U. N. members are obligated to
meet special assessments to finance
emergency action like that in the Congo.
In reality, however, the opinion is un-
enforceable and cannot bind any power
choosing to ignore 1t or deny its validity,
as the Soviets have done. At most,
therefore, 1t has value only to the extent
that it may exercise some moral suasion
or be used effectively in the field of
propaganda.
Beyond that, In terms of specific
action, there appears to be little that
can be done to make delinquent mem
bers pay up. True, the General Assem-
bly, might vote to deprive them Of their
voting rights, but such a penalty could
bring about the breakup Of the world
organization. The breakup may come
anyhow. Certainly the United Nations
cannot survive as bankrupt.
Evening star., 1963-05-14

wrong, the worriers can make plausible
case for their view that Project Needles,
If not wasteful boondoggle, has pos
sible dangers in it, despite the expert
reaSSurances.
1t is too bad in the circumstances
that there is not some sort Of interna-
tional clearing house to pass upon du-
biouS or debatable ventures of this kind.
Actually, as the Air Force contends, Prof.
ect Needles may well have an enormous
amount Of potential value in 1t, but a lot
Of distinguished people around the world
are nonetheless opposed to (which
they might not be If it were cleared
through a competent and respected
world agency.
Maybe some such agency will come
into being If ever the Russians start
cooperating with US in meaningful
space program. Meanwhile, our country
should make haste slowly in undertaking
unilateral projects that fill the heavens
with things like copper wires and gen.
crate lot Of bad feelings and genuine
worry around the world.
Evening star., 1963-05-14

After long and careful considera-
ton, the Soviet art commiSsars have
decided what has been eating on their
crop Of young and starry-eyed writer's.
They just don't know what life is all
about. Accordingly, arrangements have
been made probably by the faculty of
old KhruShchev w. for writing ex-
perience in the school Of hard knocks.
For example, Andrei Voznesendky,
young conforming poet, is picking
up valuable source material at indus
trial plants in the Vladimir region.
Vastly Akysonov, an Incorporate novel;
ist, is expected to get the drift quickly
on the steppes of Siberia. AS for Yevgeny
Yevtushenko, the most misguided rebel
of them all, well, he left no forwarding
address Obviously, to self-made men
like Mr.. Khrushchev, there is no sub
stitute for hard work in preparing a
new theological thesis.
Evening star., 1963-05-14
LBJ Shoots From Hin

Perhaps you do not follow
too closely the administra-
tion's ambulations into the
Middle West. But It is hard
TO say whether they confuse
or enlighten us.
On May 4 Vice President
johnson stated at a 500 q
plate Jefferson-Jackson day
dinner In Milwaukee that free
world trade with Communist
Cuba was only one-tenth
what It was before Castro,
and that this would help to
rid cuba Of communism.
Communism In Cuba must
go-and shall CO." the Vice
President declared. Hurrah.
I presume we all say.
The very next day Mr..
johnson told a Polish-Amer-
lean crowd in Chicago that
the United States should in
crease trade with Communist
Poland TO encourage freedom
there and put pressure on
the Communists. I'VE are not
pressuring tyranny either by
boycotting Polish-made goods
or by imposing discrimina-
tory tariffs" Mr.. johnson
contended.
Either the zigzags OF eco
nomic warfare zig awfully
fast or the VP by the time
he got 10 Chicago forgot TO
listen 10 the advice he gave
Evening star., 1963-05-14
Inspection Nightmare

Our sympathy goes out to the thou
sands Of motorists who were trapped
for hours in never-ending lines at the
District inspection stations the past
several days. If they were outraged,
they had reason to be, for 1t was an
outrageous imposition on time and
temper.
When the cars began stacking up,
block upon block, no one was more
surprised than the inspection officials.
Irritated motorists who could wedge
their way out, drove from station to
station and found conditions impartially
chaotic in Northeast and Southwest.
For part Of the ordeal, weather as hot
as tempers caused boiling radiators and
stalled motors, adding to the confusion.
Motor Vehicles Director England,
as mystified as any, weighed two or
three possible causes. One was the new
plan introduced April 1 to keep the
stations open on Saturdays, closed on
Mondays. But this has been working
we'll and apparently did not affect the
tie-up. More probably, the trouble grew
from year-old decision to no longer
notify motorists by mail OF their in
spection dates. Instead, the dates have
been punched on inspection stickers.
And 1t appears now that someone
goofed. For out Of sampling OF $50
cars caught in the Jam, 10 Of them we're
stamped May 10. II nearly so per cent
Of the other victims had been given
May 10 inspection dates well, that
could be the villain OF the piece.
Whatever the trouble, Mr.. England
is confident 1t is only temporary, and
that the present two stations are still
adequate for the normal, evenly-spaced
load. We hope he is right, for this is
a condition that must be corrected
quickly and permanently.
Evening star., 1963-05-14
Durham and Murder

Eugene william Rollins, described
euphemistically as an "escapee" from st.
Elizabeths Hospital, is under arrest as
prime suspect in the murder last Sat-
urday Of Leon Tatelman. The reported
facts strongly suggest that If the re-
quirementS Of the law had been faith
fully followed, Rollins would never have
had an opportunity to commit this
crime.
Some years ago the United States
Court Of Appeals announced what is
known as the Durham rule. This rule
was an attempt to introduce up-to-date
pSychiatric knowledge into trial when
the plea Of insanity was offered as
defense. Certainly, the objective was
worthy one. But the rule was fuzzy.
What, for example, happened when a
defendant was found not guilty by rea-
son Of insanity? No one seemed to be
sure except, perhaps, that he might be
turned loose in the community.
The STAR. supported by many COM
munity leaders, campaigned for legis-
lation to guard against this danger.
And Congress finally passed law which
requires that anyone who is found not
guilty Of crime by reason of insanity
must be committed to st. ElizabethS
Hospital until such time as it can be GER
titled to the satisfaction Of the court
that he can be released without danger
to himself or to the public.
Now, back to Rollins. In June, 1862,
he was found not guilty by reason of
insanity on charges Of robbery and
houSebreaking. He was known as "a
police fighter and hater."
OF course, he was sent to st. Eliza
bethS. At some point after his commit
ment a mere II months ago, however,
Rollins was given the freedom Of the
grounds" Last March 81, there being
nothing to restrain him, he simply
walked away.
1t is not our purpose to argue with
the pSychiatriStS about their judgments
In the handling of criminal patients.
Certainly, however, this man, If not
danger to himself, was a danger to
others. And If the law means anything,
he should not have had the opportunity
simply to walk away from the hospital.
When this sort Of thing happens
and it has happened before-the good
intent Of the Durham rule Is subverted.
If officials Of st. Elizabeths had a less
casual attitude toward the legal require
ments of such situations, Leon Tatelman
might be alive today.
Evening star., 1963-05-14
Project Needless?

Although by no means unanimously,
scientists at home and abroad-especial-
ly astronomers-have vigorously object
ed to our Air Forces Project West Ford.
They have done so on the ground that
the undertaking, which is known also
as Project Needles, might interfere with
the observation Of heavenly bodies or
otherwise clutter up space in a way that
could upset delicately Instrumental sat-
elites like Telstar II.
This is a highly arguable matter.
Experts Of great repute pooh-pooh the
fears Of the objectors AS the Air Force
has put 1t, careful advance study indi-
Gates that the possible interference" Of
the tiny copper wires now put In orbit
(some 400 million Of them that will
form a globe-encircling belt in the high
heavens) will be negligible" That is
to say, they will do no real harm to
"spacecraft, optical and radio astronomy
investigations and to other radio and
radar systems" Further, according to
the Lincoln Laboratory Of the Massachu-
sets Institute Of Technology, the cur
rent experiment may lead to a revo-
lutionary communications system that
would be invulnerable to destruction or
jamming-and thus be Of great value
militarily, II not commercially.
Our National Academy OF Sciences
has transmitted these views to the In
ternational Astronomical Union and for
eign observatories in an effort to re-
assure those who have taken worrisome
views Of West Ford. Still, the fears re-
main, and one is reminded of the fact
that the United States, in its last high
altitude nuclear test, created a rather
formidable radiation belt which had not
been anticipated and which our experts,
speaking In advance OF the event, dis
missed as a virtual impossibility. Ac-
cordingly, even though they may be
Evening star., 1963-05-14
Rocky's independence
Why all this fuss about Mr..

Why all this fuss about Mr..
Rockefeller's remarriagep
II / were TO assume judg-
ment upon Mr.. Rockefeller I
would at once consider his
independence. He has not
yielded to bigotry: he has
not relinquished his rights as
a citizen; he has not sur
rendered TO gossip; he has
not submitted 10 irrational
opinion, and he has not given
In 10 sanctimony. hypocrisy
or intolerance.
In marrying the woman he
loves he has shown all these
qualities that 60 TO make
a real man. theologians and
politicians Notwithstanding.
He has elevated himself In
my estimation. s..
Fred w. Brooks.
Evening star., 1963-05-14
THE POLITICAL MILL :
Crucial Year for the G. O.P.?
BY GOULD LINCOLN

will wait until the first Of
the year to answer questions
about the presidential race,
at least has an active organi-
zation though not yet CO.
hesive.
Perhaps former Gov. Har-
old e. Stassen, perennial
candidate for office, will act
as a bellwether for the more
reluctant though more prom
inent Of the @. o. p. presi-
dental possibilities. He has
Just stated during a visit 10
Minnesota that he is entirely
available for a presidential
nomination. Indeed, he has
said he would consider en-
tering the New Hampshire
presidential preferential pri-
mary. the first to be held in
any State next year. He Is
determined not to let the
@. o. P. nomination go beg
ging. Mr.. Stassen is no
stranger to that primary,
which is held in March. He
entered it in 1852, running
against Gen. Eisenhower,
who won it, and the late
Senator Bob Taft Of Ohio.
Primaries Effect
These presidential pri-
maries next year could have
a real effect on the selec-
ton of a G. o. P. nominee,
as they did in 1852 and in
1856. They set the pace for
an Eisenhower victory on the
Republican side in 1852 and
for a Stevenson victory In
1856 for the Democratic
nomination. Mr.. Nixon, while
taking himself out Of the
presidential picture, has reit-
Grated his belief that the
California presidential pri-
mary next June will really
settle the Republican nonnj-
nation. The Democratic
nomination was assured
President Kennedy in 1860 by
his showing in several Of
these primary States, among
them West Virginia, although
only he and Senator Hum
phrey Of Minnesota were ac-
tive candidates in them.
Senator Thruston Morton
Of Kentucky, new chairman
Of the Republican Senatorial
Campaign Committee (and
himself q possible dark-horse
presidential nominee) insist
ed last Thursday that the
political climate is shifting
away from the Democrats
and toward the Republicans
with a likelihood the G. o. P.
will pick up seven to 10 seats
now held by the Democrats.
And House Republican Chair
man Bob Wilson Of Califor-
MIA said the Kennedy ad-
ministration has had many
failures in its first 81
months. In consequence, he
expects "heavy gains in the
House" and Republican VIC
tories from "the White
House to the courthouse"
The emphasis, however, re-
-mained on congressional
vicf0rias
Evening star., 1963-05-14
The Crafty KremIin

4AAS A&NAJ gOot GAAAA
ban-the-bomb marchers are
to be congratulated on their
enthusiasm and their SINGLE
minded devotion to q cause.
But their basic assumption
is open to serious question.
They act upon the premise
that the administration and
Congress are opposed to BAN
the-test and ban-the-bomb
agreements with the Soviet
Union. Their mass demon
strations imply that the only
way to achieve an agreement
is to put unusual pressure
upon the United States Gov
ernment.
Everything on the record
indicates that the official
United States position favors
workable agreements with
the USSR on both issues.
The real problem is this:
While the Soviets state that
they are foursquare for peace
and demand test-ban and
ban-t h e-b o m b agreements
with the United States, the
Soviets act in ways which
make q workable agreement
impossible.
Experts on Soviet tech
niques would explain this
contradictory behavior in this
way: The Soviets want to
split people In the free world
into two groups-those who
favor official Soviet posi-
tions and those who oppose
the people in their own coun-
tries who favor the Soviet
position.
The good women who
march to ban the bomb and
ban the test find themselves,
whether they like it or not,
among those who appear, at
least. to support the official
Soviet position. The ladies'
marches, in turn, tend to
force people who are unable
to gain a workable agreement
with the Soviets into appear
ing as If they are not merely
against the Communists, but
against peace as well.
This boils down to a hard
fact Of present-day interna-
tional life. A main Soviet
goal Is to equate peace with
socialism and both with the
leadership In Moscow while
they pin the label Of war
upon capitalism and equate
both war and capitalism with
the leadership in Washing
ton.
The surprising fact is that
no one from the administra-
ton or from Congress ex-
planned to the lady anti-test
and anti-bomb marchers
that:
The United Sttaes dis
armed unilaterally right after
World War II and thus en-
abled the Soviets to seize
control in all of East-Cen-
tral Europe unopposed.
Despite what the So
viets say about peace and
test bans and banning the
bomb, they act as II they do
not want any workable
agreements on these issues.
The truth is that should
the Soviets agree to a work.
able test-ban or bomb ban,
they would blow sky high
one Of the best political prop
aganda gimmicks now going
for them. Donald L. Miller.
Evening star., 1963-05-14

A year and o half from
now the Republican Party
will 60 to the polls hoping to
make gains in the national
and State elections. These
fields are wide open-pro-
vided the q. o. p. can find
strong candidates and ade-
quate ground-roots organiza-
tion. The Democrats hold the
White House. the Congress
by great majorities in both
houses, and the governorships
Of States by A to 16. 1t would
appear that the Republican
Party has no place to 60 but
up-or else. So often in the
past 1t has been predicted
that a certain year will be
crucial" in the life Of one Of
the two great political parties
which have ruled this coun-
for q century. But to date,
the defeated party has been
able to get off the ground
and dust itself off.
The impression has gotten
abroad that the @. o. P. is
driving particularly for ma
terial gains in the House and
Senate; that perhaps it is
impossible to hope for the
presidency in view Of
President Kennedy's personal
popularity. This impression
has been enhanced by the
seeming reluctance on the
part Of several leading G. O.P.
figures to 60 even far enough
to admit availability for the
nomination next year. Gov.
Rockefeller Of New York
formerly considered keenly
desirous to be the party's
standard bearer in 1964-has
temporarily at least turned
to thoughts of love instead Of
politics. All this may change
when he and his bride return
from the Rockefeller ranches
in Venezuela. His supporters
still firmly assert he will be
the party nominee. His will
ingness to run, however, may
depend on the sentiment Of
the public toward him by the
close Of this year.
Other Possibilities
But where are. the other
Republican presidential pos
sibilities2 Former Vice Presi-
dent Nixon. the 1862 candi-
date who almost defeated
President Kennedy, has
moved to New York with his
mind bent strictly on law
business and q competence
for his family. He has flatly
said he will not seek elective
office-period. Cows. Romney
Of Michigan and Scranton of
Pennsylvania insist they are
not candidates for the nomi-
nation-that they will not
become candidates. Senator
Barry Goldwater Of Arizona,
whose supporters continue
to start Goldwater-for-P -Presi-
dent clubs in various parts Of
the country Notwithstanding
his insiStence first that he is
merely q candidate for re-
election and second that he