davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27

Bank Of America, Los Angeles,
was designated treasurer.
Mr.. Neilan headed a Cham
Der finance committee which
recommended a $4.5 billion re-
duction in President Kennedy's
proposed 1888 billion budget
for 1963-64.
Born in Mason County,
Mich, Mr.. Neilan attended the
University of Omaha for two
years and was graduated from
Rice Institution of Technology
in 1928.
He went to work for a Hous-
ton bank and transferred to
the Federal Reserve System in
1888. He became president Of
the Bank of Delaware in 1856
and the chairman in 1859. Mr..
Neilan and his wife live at
Holly Farm in Bear, Del, a few
miles south of Wilmington.
The board also elected E.
Hornsby WATSON, president Of
the New Jersey Bell Telephone
Co. of Newark, N. j., as north
eastern division vice president.
Joel Barlow, of the Washing
ton law firm of Covington &
Burling, was reelected to a
two-year term as director-at-
large.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27

offices abroad. It's easy to look
over a potential employee with
out committing the company
and in this era of lavish ad-
vertising to attract manage
ment talent, the program is
cheap.
A typical firm agrees to pay
a trainee a living allowance Of
$50 to $50 a week, and the
AIESEC local committee han
dies the travel arrangements,
introductions, lodging, meals,
and other details. Students pay
their own travel bills. Most
trainees stay eight weeks. but
some continue for as long as
10 months and return later as
permanent employees.
From the students point of
view, it provides a way to gain
practical business experience
abroad that he rarely can du-
plicate by other means.
What intrigues Government
officials even more, however, is
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
JoBExcHANGE PROGRAM
Kennedy to Greet Foreign Trainees

the potential for international
good will that such a program
generates, divorced from Fed
eral funds and red tape.
Learning how to run a COM
pany is swell" said Morris
Wolfe, who served as AIESEC'S
first international secretary
general at Geneva, Switzerland
1960-61. But the experience In
widening a persons views and
the contribution to interna-
tional understanding is equally
important"
Mr.. Wolfe, who took a year.
and-a-half off from studies al
Yale Law School for the Geneva
job, supervised the extension Of
the AIESEC program to three
African nations, Sierra Leone
Nigeria and Ghana. He now is
an attorney in the Justice De-
partment's Office of Legal
Council.
Another distinguished alum
nus Of the program 3 Ensign
Norman Barnett, currently in
Naval Intelligence work in
Washington. An exchange
trainee at the Swiss Union
Bank in Geneva in 1859, he
later became so enthusiastic
that he pioneered the founding
Of AIESEC-U. S., served as its
first president, and Travelled
$1,000 miles to increase the
number of American partici-
pating colleges from 2 to q.
Useful In His Future
Is the program valuable to q
trainee?
II feel it will be extremely
useful in my future" answers
Ensign Barnett, who plans to
go into overseas marketing
when his military service is
finished.
On the level of, projecting a
nations image abroad, more
over, he believes the program
goes deeper than Just interna-
tional understanding.
when a man can under
stand the customs and feelings
Of a country in the context Of
practical affairs such as inter-
national trade, it is much more
meaningful," he adds. "And
AIESEC has an extraordinary
esprit de corps because volun-
teers are running it,"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
CHICAGO
LIVESTOCK

CHICAGO tAPl - CUBDAb -
Cattle 1890 calves one slAughtei
steers sloN. steady 70 ttrongi heiferi
moderately active steadyi cows ane
bulls. active, steady two loads prim,
2I6.l $40 II, steers 80 b teyefaI
loads prime ieOO.i $50 lbs. "a. 80.
bulk hiFh choice and. prime 100.
400 lbs - dn.g5 a5i load prime
300 ibs. gB S.gl'S0, couple load
mostly hieh choice around 1IO0 ibt
@l1b.9atuW, choice tt9nn.i iO0 lbs
90 uu-ai IS. few loads choice tianO.
/ 500 lba - So scattered loads choice
J lOn.l 500 lbs 80 tb.91.bOi Hood
BOO 200 lbs ~ 5n.glO 90 lneludlnT
ard. 10 O0.a 900 two loads mixed high
sh9lss. end prime l4s6.l g5o, ~.
lbs, ~ 55.23.bO; good siO0sqa aS'
few. loads. mlxed aood and choice
22 bO-2 tit Utility and commercial
~ b0.t4 Isl uility and eommsreial
bulls ~ j6-2fO0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
BY TRUMAN r. TEMPLE
Star Staff Writer

An unusual and fast
growing group of youthful
business ambassad RS" from
around the world will be greeted
here by President Kennedy and
other administration officials
April TO.
It's the first time the White
House has recognized their Is
year-old international job ex-
change program. Government
officials say the organization
offers a proven way to improve
the United States image abroad.
The group, run privately by
college students with world
headquarters in Geneva, Switz-
erland, is called AIESEC, short
for Association Internationale
des Etudiants en- Sciences Eco
nomiques ct Comr1erciales. It
expects to place $500 business
and economics students In sum-
mer jobs abroad this year.
10000 Participants
So far more than 10000 men
and women have participated in
the program, and this year
they'll be in companies in
Europe, Asia and North and
South America.
The list Of domestic compa-
mics joining the program has
been growing ever since the
American chapter, AISEC
U. s., Inc, was launched in 1859
with IL trainees placed in for
eign countries. Last summer $50
Yanks from As colleges got on
the-Job training in sales and
management with companies
abroad. An equal number of
foreign students participated
here.
Among them was John Hart
ley, a third-year student at the
London School of Economics,
who came for an eight : week
stay at Government Employees
Insurance Co. of Washington.
Mr.. Hartley and his tempo
rary employer liked each other
so well that he stayed for 10
weeks, and will drop in for a
visit as an "alumnus" while in
town next month.
The group of 200 students will
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
Union Official Bunk Adviser

William A. Smallwood, secretary
treasurer Of the Communications Work
ers of America. AFL-CIo, has been
elected to the Advisory Board of the
First National Bank. An employe of
Southern Bell Telephone Co. from 1928
to ls4S. Mr.. Smallwood directs the
unions multi-million dollar investment
program and is a trustee of the unions
pension fund.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
Sales Manager Appointed

Robert S. Kempton has been promoted
to vice president in charge of sales Of
the National Fence Mfg. Co., Inc,
Bladensburg. A National Fence Co. rep
resentative in New England for four
years, he also supervised the activities of
other representatives in New York, New
Jersey and Pennsylvania. MI. Kempton
is a graduate of Georgia Tech and has
a masters degree in Industrial Engi-
neering from Columbia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
Of People 49,.
Peoples Life Promotes Two

Peoples Life Insurance Co. has an
nounced the promotion of Riley B, Car
ter and Roy G. D~iepenbrock. both long
time employees, to vice presidencies. Mr..
Carter, who has been with the company
for 80 years, started as an agent at
Bluefield, W. Va. He became assistant
secretary in 1860. A native Of Tennessee,
he attended Kings College and the
University Of Tennessee. Mr.. Deepen
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
and Events
Personnel Men to Hear Dean

The Washington Personnel Associa-
ton will hear a talk by Dean Nathan
A. Baily of the School Of Business Ad-
m%inistration Of American University at
its dinner meeting at 6 pm. tomorrow
at the Kennedy Warren.
Dean Baily, a director Of II WASH
lngton companies. will discuss how a
university can help the business COM
munity to develop better personnel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
Earnings

Virginia Electric g. Power in
IL months ended February %
earned $685. 900 or $2.37 a
share VS.. $34.400,O 900 or $2.12 a
share in the previous IL
months.
Dow Chemical Co. in year
ended December 81 earned
So, 600, 900 or $2.51 a share VS..
$60,200.00 or $2.07 a share in
1861.
Other earnings included:
Far Year Ended DeeemheT Al
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27

brock came to Peoples Life II
years ago as chief underwater and
became assistant secretary in 1852. He
wal named second vice president for
administration in 1860. A native of
Missouri he attended Washington Uni
versity and received a law degree from
the st. Louis College of Law and FL
nance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
COTTON

NEW YORK (AP).-cotton futures
held about unchanged from earlier
Levels during the forenoon.
Traders awaited further develop
ments on cotton legislation.
Noon prices were up 20 to 20 cent,
a bale higher than the previous close.
May 34.90, July "a. 80 asked and Octo-
Der 1895 bid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
$750,000,000 for Fair

United States industry is in
vesting $3.50 million to display
its achievements to visitors at
the 1964-5 New York Worlds
Fair.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
BUSINESS
BRIEFS

Electric Utility Industry out
put for the week ended March
% was 1880, 600. 900 kilowatt
hours, compared with l6,949,-
900, 900 the previous week and
1870, 000, 900 for the like 1862
period. - Edison Electric Insti-
tute.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
OVER COUNTER

Following prices furnished by the Ma
tional Association Of Securities Dealers
in Washington represent the range with,
in which locally active securities could
been bought or sold at ! pm, Wednes.
day, March n.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
ODD-LOT TRADING

NEW YORK (AP).-The New York
Stock Exchange reported today these
odd lot transactions by principal deal
ers for March 20: Purchases Of 257,-
036 shares; sales Of 344,167 shares
including 2,914 shares sold short.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
MUTUAL FUNDS

NEW YORK CAP)
National Associa.
ton Securities Deal
eFe Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
TREASURY BONDS

NEW YORK AP)-Noon over the
counter US. Government Treasury bonds,
bid, asked, net change and yield for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
AMERICAN STOCK EXCHANGE

GS%Sos E * Se'f S SOt se' fouoSSI S@sSS YORK ste Exchange SSSsnS Isl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27
FOREIGN
EXCHANGE

NEW YORK tAP).-Foreign exchange
In dollars and decimAla OF q dollar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-27

Var Pay 6.36 6.ee
Interc 5.14 6.2l
Bid Ask
Evening star., 1963-02-26
HoIfwoy-House Idea

For an investment Of $50,000 year,
plus Federal matching funds, the District
could make creditable start toward
salvaging mentally retarded children
from the District Training School. This
is the price for which the Department Of
Vocational Rehabilitation could open
the community's first halfway house
a stepping stone between the Laurel
institution and eventual placement in
a foster home.
One OF the problems at Laurel is
lack Of a suitable arrangement for boys
and girls capable Of being employed in
District jobs. At present 16 youths are
required to make long bus trips, involv-
ing two transfers, in order to go from
Laurel to their District Jobs each day.
As much as three hours day are con-
sumed in travel.
Rehabilitation Director Norman W.
Pierson made a budgetary request this
year for the halfway-house which, in
It's initial stage, would provide pleasant
home environment for eight boys while
they worked in the District, and until
they were accepted into foster homes.
District budget officials turned II down;
not unsympathetically but because
something had to be deleted from an
already expanded vocational rehabilita-
ton budget.
This is understandable, but II should
be remembered that the District is trail
Evening star., 1963-02-26
dumping Ground

In freeing available school funds
this year to hire 25 teachers to set up
special classes for "maladjusted" pupils,
the District Board Of Education has
taken step in the right direction.
Perhaps this project will prove to be an
effective means Of removing most
diSruptive troublemakers from normal
classes, and providing them with a
modified form of instruction during
regular school hours. We hope so.
AS Superintendent Hansen has
pointed out, however, 1t is inevitable
in any school system that some children
will be so uncomfortable as to receive
no benefit from school attendance"
And to cope with these extreme recalci-
trants, he proposes a modification in
board policies to permit their dismissal
from school II all other remedial efforts
should fail. In explaining his position,
DR.. Hansen has emphasized that vigorous
efforts would be made to provide some
form Of instruction for even the most
recalcitrant students.
Nevertheless, In opposing the rule
change, board president Wesley s. VIII
liams protests that its effect would be
to literally use the streets for dumping
ground for our children"
Certainly this is an exaggeration.
1t is a discouraging thought, Of course,
that even few uneducables might have
to be turned away. But as last resort,
If all else should fail, is 1t really better
to make dumping ground" Of our
schools? This is the crux of the issue,
which sooner or later the members of the
school board will have to face squarely.
Evening star., 1963-02-26
Armchair Hiker

Before his name is forever lost in
the maelstrom Of daily trivia, we would
like to nominate to our own Hall of Fame
one Jeffrey Davis Jennings, Yale 65
Sitting there in his armchair hour after
hour, thinking deep thoughts such as,
"I'll show those physical culture nuts
how to make a 5O-mile march," Mr.
Jennings has won the admiration and
everlasting gratitude Of every pale
blooded American. His one-man blow
against walking insanity will endear him
to every disciple Of ease and comfort, not
excluding, we wager, quite few Of the
Hahvads.
Evening star., 1963-02-26
UnpubIicized Walk

All this high strutting
about doing the 50-mile hike
may eventually run a good
idea into the ground. Many
an erstwhile Boy Scout has
earned the "50-miler" award
even before the New Front
iersmen ever strobe across
our front pages with banner
headlines. And what about
Istvan Serenyi, the Hungarian
freedomfighter. who had
hiked across the U. S. A. in
his walk for freedom" this
past fall on the occasion
OF the sixth anniversary OF
the Hungarian Revolution2
This record breaking feat
hardly rated an inch Of t.'pe
in our press. Could IL be that
we did not want TO step on
the sensitive hammer land
sickle) toes OF our Soviet
pace-setters and thus OBJ
struct their march toward
Socialism,
II. A. Zafl
Evening star., 1963-02-26
Good Im0qe

In his article First Aid at
the United States Embassy"
February 2l), Ralph McGill
draws attention to several
significant points concerning
our diplomatic service. The
simple, heart-warming kind
ness and understanding dis
played by two of the wives
of Embassy officers In Con-
akry truly projects the Amer
ican image and far more ac-
curately than the splurging
type Of foreign aid which
has too often characterized
our economic diplomacy. It,
therefore, builds our prestige
upon sound bases and Gre
ates reservoirs Of good will
upon which the rest of our
controversial political and
military diplomacy can draw.
The wives assistance is the
kind people appreciate and,
without denigrating many
types Of economic aid, I sug-
gest we would be much
further ahead in our diplo-
macy If we poured fewer mil
lions Of dollars into over
seas aid and rather poured
our hearts and minds. In this
age, there is no substitute
for heart and understanding
intellect in diplomacy.
Yet in our entrance re-
quirements for the foreign
service we do not test for
qualities Of heart. Nor do we
require an outstanding intel
lect. We are in fact draw
ing into our overseas serv-
ices. on the whole, q very
average intellect. unequal to
the tasks and responsibilities
of a world power. Nor, in
examining a candidacy for
our diplomatic service, do we
examine, as USIS wisely does,
the candidates wife. Yet 1t
is the humanitarian, down.
to-earth dedication of two
wives Of our Embassy staff
in Conakry, which Mr.. Nc
Gill finds so warming, ac-
curate and useful a portrai-
ture Of America.
Isn't 1t time we took a good
look at the entrance require
ments Of our foreign serv-
ice-not the paper require
ments but the actual, opera
tive standards - and their
results, to see II we are in
fact getting the diplomatic
service the times require?
Isn't 1t time also we
staffed our overseas posts
more adequately from a nu-
merical as well as qualita-
tive standpoint? It struck
Mr.. McGill that our Conakry
embassy Is "overworked. "
This rings a familiar bell
in the mind Of one like my
self who spent some 20 years
in our diplomatic establish
ment. While we splurge In
other ways, we treat that es-
tablishment as an orphan
and then wonder why II
doesn't measure up.
r. Smith Simpson.
Evening star., 1963-02-26
New Labor Horizon

The tagging settlement OF
the New York newspaper
strike is clear evidence that
management and labor have
accomplished an equal foot
ing, power-wise. Labor wants
more money and benefits;
management claims 1t can
not meet the demands. Short
Of closing down the plants
entirely. labor is begging the
question; 1t is treading on
dangerous ground.
Just as management-labor
bargaining needs new tech
niques, so does labor need
new horizons. One such hori-
zon for labor Is to invest its
dues in the stock Of the in
dustries 1t represents. II Ia
Dor cannot see its way clear
TO invest It's assets In Its
own industry. 1t should have
no right to ask for additional
benefits from that industry.
Unless labor and manage
ment learn TO settle their diff
ferences In a mature manner,
the Government is going To
eventually step In and pick
up the pieces, and this will
serve neither management or
labor.
Under Government spon-
sored management-labor re-
lations, both will give ur
their rights TO exist as free
agents. II might even mean
the eventual specialization OF
industry and labor. bringing
with 1t the deadening. level
ing hand Of bureaucracy.
Jim ArgOdals
Evening star., 1963-02-26
Home Hazard

Once again we read OF
an innocent child being
strangled to death by the
loop of a Venetian blind cord,
adding to the many lives
snuffed out by this hang
mans moose"
These loops are so un-
necessary. The blinds will
operate Just as well with
out the loop. Having lost one
Of my grandsons in this
manner, 1 long ago cut the
loops on all blinds in our
bedrooms which might be oc-
cupied by visiting grandchil-
dren. The blinds still operate
satisfactorily.
When will manufacturers
Of blinds awaken to this
hazard and eliminate it? II
they don't. our lawmakers
should take remedial action
Thomas NJ. Duff,
Col. AUS, Ret,
Evening star., 1963-02-26
AppIouds Teachers

Plaudits to the white
teachers Of Fairfax County
who voted 1000 to 405 to
eliminate the word white" as
qualification for membership
in the Fairfax Education AS
sociation. OF 5000 white
teachers 2,495 mailed in bal
lots.
This is strong indication OF
the best traditions Of edu-
Gated professional people. 1t
should have added influence
on the image Of America. 1t
is our hope that before long
teachers will be assigned 10
teach classes in our public
schools solely on the ability
to teach which will do much
to prepare our children for
contacts in a multi-racial So
ciety and the world.
Z. b. Henderson.
Vice President. Fairfax Coun-
ty Council on Human Re-
lations.
Evening star., 1963-02-26
VISTAS IN SCIENCE
Weother's Effect on Health Studied
By THOMAS R. HENRY

This is stressed in q re-
port to the White House
from the National Academy
of Sciences. Increase In the
fish harvest Is looked upon
as one of the great hopes Of
feeding the enormously mag
nified world populations Of
the next few generations.
Worth the Cost
THE grave protein short
age among about two-thirds
of the worlds population"
says the report, makes the
possibility Of enriching diet
by fish or fish meal very
attractive"
But new research facilities,
including "oceanariums."
where all conditions Of the
open sea can be reproduced.
probably will be essential, 1t
is stressed. Such facilities.
the Aca denny committee
which prepared the report
believes. would repay their
cost many times over by
their additions to the worlds
food supplies.
Hand in hand with fish
ing improvements, 1t is
pointed out, such research
could evaluate the oceans as
sources Of minerals, many of
which are beginning to run
short on land and which are
essential to modern civiliza-
ton.
Evening star., 1963-02-26
The Tax Proqrom on Trial

On January "a, less than five weeks
ago, President Kennedy submitted to the
Congress special message on tax reduc-
ton and reform. The need for both, he
explained, lies in the clear fact that "the
largest single barrier to full employment
Of our manpower and resources and to
higher rate of economic growth is the
unrealiStically heavy drag" Of our war
born system of steeply progressive rates
of Federal income taxes. And he added:
my recommendation for early revision
Of our tax structure is not motivated by
any threat of imminent recession"
In the weeks since, the remarkable
consensus" that had developed on vir-
tually all fronts in recognition Of the
economically depressing effects Of high
income tax rates, both individual and
corporate, and the need for revising
them, has been shattered by increasingly
deep differences of opinion on where
and how corrections should be made. La
Dor and business are at odds, economists
differ among themselves, legislators are
uncertain, and even the public attitude
has been questioning - particularly
about some of the related proposals.
Against this background, there is
evidence that the administration has
been disappointed or piqued, or both,
about the overall reaction. 1t has, in
several ways, indicated 1t would accept
alternatives in detail, or even separate
treatment of reduction and reform. Even
so, Secretary of Treasury Dillon, for ex-
ample, has warned the House Ways and
Means Committee that, If some Of the
reforms are not accepted as proposed,
the rate reductions must be made less
attractive. Economic Adviser Heller has
commented sorrowfully on "the Puritan
ethic" that prompts taxpayers to ques-
ton the wisdom of tax cuts without
spending cutS) and the need for public
education" on this matter.
1t has been Mr. Kennedy himself,
however, who has shifted the admins
tration's strategic emphasis. While con-
tinuing to stress the growth Stimulant in
tax reduction, and properly so, the Presi-
dent has in successive news conferences
referred to a threat Of recession and has
put responsibility for 1t on those who
oppose lax TeIlel. beIUIe GIlG hIIleTlCdu
Bankers Association symposium yester-
day he spoke sharply Of the programs
critics, and referred pointedly to fifth
postwar recession "in the not too dis
tant future" If taxes are not cut, with
or without reform.
1t Is much too early to predict the
outcome of this number one legislative
battle. Very likely 1t will go on through
the summer-unlesS there is hard evi-
dence that the recession which was not
foreseen on January "a becomes more
clearly discernible. Mr. Kennedy now has
placed some Of his critics, at least, on
the defensive. If recession really looms,
there are few who would like to be
charged with the responsibility - even
though the tax structure is not the only
villain in our economic system. And If
tax reduction is separated from tax re-
form, there is still the large question Of
where and how the cuts should be made
How this is resolved, In turn, may still
have a lot Of bearing on any threat Of
racacSion