davidaulloa/AmericanStories huggingface dataset:
The Phoenix Jewish news., 1963-02-15

@. What are Mutual Funds?
A. Mutual Funds are investment
companies whose business is to
invest shareholders money in Sc
curities and manage these invest
ments.
@. How are the funds obtained
for investment?
A. Through the sale of shares
to investors. The money received
is combined n d invested as
though it were a single account.
Each shareholder participates in
net income and capital apprecia-
ton in proportion to the number
of shares owned.
O. How are the funds invested?
A. In securities of other corpora
tons. 1t may invest in as many as
so or even 100 or more different
corpor ions. Diversification
through investing in many different
companies in varied industries
spreads the risk.
@. Who selects the securities that
go to make up the portfolio?
A. A team of professional In
vestment specialists who constant
ly supervise their selections.
@. Who is entrusted with the
monies received from the inveS-
tors?
A. In nearly all cases the trus-
tees or directors employ an in
dependent institution, usually a
bank or trust company to take
care of its property, mostly Sc
curities and cash. The institution
is called the custodian. 1t holds
all assets in trust and performs
other duties unrelated to man.
agement.
@. Why are Mutual Funds called
"open-end companies?"
A. Because the company is re-
quired to purchase any shares that
the shareholders wish to sell. The
buyer pays a price based on the
net asset value plus sales charge.
Accordingly, the shareholder OF
the "open-end" Mutual Fund al
ways has a ready market at going
values for any shares the share.
holder wishes to sell. OF course the
value upon redemption may be
more or less than the investor S
cost dependent upon market condi-
tionS.
@. Who owns Mutual Fund
shares?
The Phoenix Jewish news., 1963-02-15

Herman A. Miller, longtime civic
leader, has been appointed a ref
cree to serve under Judge Francis
]. Donofrio in Juvenile Court.
Miller will serve in an ad-
visory capacity to young people
who become involved with the
law.
He is a co-founder of the Jewish
Community Center and served sew
en- terms as chairman; co-founder
and permanent director of the local
U.S.O. and co-founder of the Jew
ish War Veterans Post. He has
been a member of the Jewish Com
munity Council for IS years.
Miller is also affiliated wi h
B'nai Birth, Refugee Resettle'
ment Committee and Community
Relations Committee.
The Phoenix Jewish news., 1963-02-15
1000 Germans Visit
Israel During 1852

COLOGNE-More than 1000 Ger
mans visited Israel last year, a
25 per cent increase over 1861, it
was announced here by the Israel
Mission.
Many of the visitors participated
in study tours which were ar
ranged by German groups. The
study groups comprised mainly
university students, pupils of other
German schools and members of
various youth organizations.
The Phoenix Jewish news., 1963-02-15
Algerian
Jews Placed
In Minority

PARIS = The Nationality Law
which the Algerian Government
will present to Algeria's National
Assembly next month contains
specific provisions to permit the
few remaining Jews in the former
French colony to choose French
citizenship.
The law defines as AlgerianS
only those residents whose ances-
tors go back three generations
born in Algeria and who conform
to Moslem civil law. This religious
provision was included to assure
Algeria's Jews that they will be
considered "a French minority" !"
with the same option as others in
that minority to choose French
citizenship by July 1865.
The Evian agreement by which
Algeria received independence
from France gives citizens resi-.
dent in Algeria the opportunity tc
choose either nationality within
three years. Throughout the Al
gerian struggle for independence,
leaders of the independence move
ment who were then in exile ex-
pressed their determination tc
treat Algerian Jews, after inde-
pendence was won, as algerian
natives"
The mass exodus of Algerian
Jews Immediately after independ-
ence day was believed to have in
duced Algerian Government lead
ers to try to reassure the few re-
naming Jews so that they will
remain in Algeria.
The Phoenix Jewish news., 1963-02-15
Jewish u.
Proposed In
Connecticut

HARTFORD, Gonna bill for a
charter to incorporate and estab-
lish a Jewish University of Ameri-
ca in Connecticut, has been intro
duced in the State House of Rep
resentatives.
REP. JOSEPH Buckley, a nom
Jew, introduced the measure after
the proposal had been presented to
him by five Connecticut Jewish
leaders - Harold B. Yudkin and
George Yudkin of Derby, Charles
Henschel of New Haven, DR.. J. H.
Galen of Shelton and Rabbi Theo-
dore Gluck of Derby.
Goal of the group is to create
Jewish sponsored university de-
signed to perpetuate Jewish culture
but operated on a non-secta1ian
basis. Harold Yudkin, originator
of the plan, said that if the gen.
eral assembly approved the meas
ure and the governor signed it, the
corporation would be located ir
Derby and would start campaign
to raise funds.
Yudkin, who said he was ready
to give 100 acres for such school
in Derby, emphasized that plans
were not restricted to his city. He
said if any offer was made Of
greater acreage elsewhere in the
state. "that would be fine, too" !"
Rep. Buckley said he had taken
part in the project because it will
help to perpetuate Jewish culture
and advance general learning.
YUDKIN said it was hoped that
the university would begin as a
liberal arts college and eventually
add postgraduate schools.
The Phoenix Jewish news., 1963-02-15
Isroel Approves
Tre0fv With u. s.

JERUSALEM - ISraePS Cabi-
net has ratified the extradition
treaty between the United States
and Israel signed recently in Wash
ington by United States Secretary
of State Dean Rusk and Israels
Ambassador, Abraham Harman.
Under the terms of the treaty,
81 extraditable offenses are listed.
The Phoenix Jewish news., 1963-02-15
Wall Street News
BY ERNEST G. HAMBRO

What are Mutual Funds?
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
Our Elderly Indigents
They're All Forgotten;
Can You Help a Little?

Well into the twilight of their years. forgotten
and abandoned to overworked professional caretakers
100 INDECENT old folks in this county have little to look
forward to this Christmas.
With your help The Sentinel hopes to bring the
happy reality of Christmas to them-through gener-
GUS gifts they'll use and remember all year long
For some, like 97-year-od Meg A.. it will be
day of dim memories of happier Christmasses when
she was surrounded by the family and friends she has
long since outlived
like Meg their 70s sos, COS, few even older
who are alone in world much caught up in living
that it negects those who haven't much to live for.
Virtually helpless and dependent on the limited
attention staffers at nursing homes give them,
many withdraw into world of their own
This year, 100 of these forgotten ones" are sup
ported by the county's Welfare Department because
neither they nor their families financially able to
pay for the care and attention they need
panors thus far include the following persons
and amounts: Hambn Phillips 81; James S. MouIden,
$40; Mrs. Thomas G. Casey, S.; Mrs Virgil McComas,
$40; Anonymous $40; Edith ID. Fresh S.; George H.
Darby, $25; Charles H. Small, 81; Judge and Mrs.
Henry A. Schwenhaut SIS; Mr.. and Mrs. Peter Sui
yer, S.; Mr.. and Mrs. Clarence NJ Kyle, S.; Anony-
nous, S.; Mrs. Hugh r. Thompson, SIS; ella Shalt,
So; Mr.. and Mrs. Jack A. Richardson ST. Mr. and Mrs.
John Lyons, So; Annie M. HERMAN, S.; Viola and
Ernest Orme, $40; Anonymous, SIS.
tOal of SAB had been raised by Tuesday morn
ing and we need lots more. Can you send in your
contribution now? The ladies need to get start
on buying and wrapping presents. Thanks!
The gifts we seek can range all the way from
wheelchars to hair ribbons from sleeping flan-
nes to shaving loton-the gamut of gifts, large and
small-which will remind them the outside world has
not forgotten rsE
Money is needed to buy these things as much as
we can raise within the next two weeks to turn
to the Junior Woman's Club of Rockville, whose
bers have volunteered to buy wrap and deliver them
to nursing homes the county where the old folks
are living.
Won't you make out your check today for this
cause, and drop it in the mail or bring it to The
Sentinel office at 215 East Montgomery Ave, Rock
vile? Wen list donors names each week. unless you
ask us not to-
And as you write your check, visualize, for min
ute, the great difference it will make in removing
some of the beakness from Christmas Day for these
nice, old people.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
Numerous Spokesman Hit Plan
For Free,Oay Along Palisades

More than $50 persons attend
ed crowded public hearing
Tuesday on the proposed Pali-
sades route, and almost unani-
mously expressed their opinion
that this highway is not a solu-
ton to the county's traffic
problems.
Among the alternatives pro-
posed for the $11.4 million Park
way, which would extend along
the Potomac from Glen Echo to
the District line, are corridors
along Wisconsin Avenue and
along Oregon Avenue on the
west fringe of Rock Creek Park.
Representatives from at least
a score of civic organizations
attended the afternoon session
held in the auditorium of the
Maryland-National Capital Park
and Planning Commission, and,
after a dinner break, the meet
ing continued on into the eve.
ming.
The Potomac Valley League,
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

Planning Commission to coop
crate with the Maryland Road
Commission and the District Of
Columbia in exploring a new
route east Of Silver Spring or
at some other place which
adequately serves the highly
populated portions Of the
county.
According to Dunn, adoption
of the Palisades proposal would
inevitably lead to renewed eff
forts to introduce high.rise
apartments and other high.den-
sity or commercial develop
ments along the Potomac.
The Commission also heard
from David w. Fessenden, the
mayor of Glen Echo, who noted
that he saw nothing in the new
study that would justify the
Commission from changing
their minds from their 1858 deci-
sion against the highway.
He added that a road Of this
(See Palisades, A3l
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

been giving thought to legisla-
ton in the area. l feel that
there will probably be several
measures concerning this mat
ter at the next session"
The three-day rule which pre-
vented new evidence from being
introduced into the Giles-John-
son case, where three Negroes
were sentenced to death for the
rape of a white Hyattsville girl,
and whose sentences were COM
muted to life, is currently under
consideration by the Maryland
Court of Appeals Standing
Committee on Rules of Practice
and Procedure.
The chairman of the commit
tee, Judge John B. Gray, has
reported that the matter is cur
rently under consideration by a
subcommittee which will report
sometime in February.
Sen. Guides letter came in re-
Spouse to a resolution sent him
by the MCCF, calling for the
rule to be amended to align
with Federal Rules of Criminal
Procedure which calls for a
two-year limit on motions for
a new trial based upon newly
discovered evidence.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

Meeting with reporters soon
after his elevation to the post
succeeding Charles w. Bell,
Coyle went on to note that
where differences have arisen
the disagreement has been over
methods of achieving these
goals.
The formally requested in
vestigatlpn Of the teaching eli
mate here by National Educa-
ton Association, which could
lead to imposition of sanctions
by NEA and refusal of teach
ers to apply here for positions,
Is serious matter" he con-
ceded.
He disclosed he had already
discussed several steps with
School Supt. C. Taylor Whit
tier that might be taken to-
ward resolvement of this mat
ter" but he declined to reveal
what they were.
The Washington stockbroker
and former P.TA president who
has six children in the county
school system, seemed to want
to don the mantle of moderate
and peacemaker in the current
situation which has seen the
liberal and conservative School
Board factions at each others
threats at times during the past
year.
He said he would work hard
during the coming year to try
to promote more harmony. Key
to bringing off such a feat, he
believes, is "by trust and lead
ership which l am going to try
my best to provide"
In the matter of former Pres
ident Bells having distributed
to Montgomery Blair P-TA
members confidential person
mel report with teachers names
crossed through but still dis
cernible, he said the incident
was unfortunate"
He said he had not seen the
See Coyle, A3
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
3 CIGssrOOnls
APproped At
SiIUer Spring

Three new classrooms COM
pleting the rehabilitation OF
East Silver Spring Elementary
School following last Mays dis
astrous fire were approved
Tuesday by the County School
Board.
Originally, the school had II
classrooms and during the re.
cent $4,000 rebuilding they
were revised downward to IA.
The three authorized Tuesday
bring the school back up to It's
original number Of cIassrooms.
Rehabilitation of the IA class
rooms is expected to be com
pleted next month at which
time the third and fourth
grades that have been attending
classes in Silver Spring Inter-
mediate and the fifth grade
that has been meeting In Ia
koma Park Elementary win re-
turn.
The sixth grade that was
transferred to Takoma Park
Junior High will not return to
the school this year.
Kindergarten through second
grade remained at the school
meeting in improvIsed quarters
during the rehabilitation.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
Hospital Abuses
Now Under Study

The Commission to Study
Hospital Costs, which Gov.
Tawes appointed earlier this
year, is undertaking a large CO.
operative operation in order to
obtain extensive information
which may help to answer the
question of whether the general
hospitals Of the state are being
improperly used.
A statement by Herman L.
Gruehn, chairman Of the Com
mission, at a recent press con-
ference in Baltimore, notes var
ious ABUSES" of hospital facili-
ties that have contributed sub
stantially to the rise Of hospi-
talization costs and also caused
Blue Cross and other hospitali-
zation insurance rates to in
crease.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
School Probe
Is Put Off by
Federation

Emergency action onSa reso-
luton which called for an .in-
dependant group to make an
unbiased survey of our school
system in all its facets, was
beaten down by lack of ade-
quate seconds at the Monday
night Montgomery County Civic
Federation meeting and was re-
ferred to the F e deration's
Schools Committee.
Introduced by Mrs. John Moh-
Ter, delegate from the Chevy
Chase Terrace Community As
ISOLATION, the resolution called
for the Board of Education and
County Council to include in the
budget for 1964-65 an amount
to employ such a group.
1t also called for the MCCF
to request the teachers and
other school personnel, en-
ployes of the citizens of this
county, to halt their threaten
ing action designed to attempt
to intimidate the citizens and
their elected leaders in carrying
out of (sic) their assignments
as they see them, pending a re-
port from an impartial group"
The request is similar to that
requested by John c. Webb,
who has requested the Board of
Education set aside a sum of
about $4,000 under research, as
an initial step in the evaluation
of the county public school sys-
tenn.
The purpose of the report. he
has noted, would be to determ-
inc the effectiveness, quality
and adequacy and range Of edu-
cation and training.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

Council members Kathryn E.
Diggs and Grover K. Walker,
who used public funds to attend
the annual meeting of the Ma
tional Alcoholic Beverage Con-
troll Association in Honolulu,
told the Sentinel this week they
plan to return, between them,
as much as $3.50.
Miss Diggs, who drew a $1,000
advance from the county, esti-
mated her transportation and
hotel expenses incurred on the
Hawaii portion of her trip at
between $3.50 and 500.
Although she travelled on to
Tokyo and Hong Kong with a
party which included Circuit
Court Judge Kathryn J. Shook
and her husband, Donald, Miss
Diggs emphasized she would
bill the county" only for ex-
peuses represented IN the round
trip to Hawaii.
Walker, who was advanced
$500 of county funds, said he ex-
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
New Sewer
To Olney


The County Council this
week received a request to
approve what one critic
terms ''the opening move to
bust" the Montgomery Coun-
ty Planning Boards proposal
to keep an area southwest of
Olney free from intense de-
velopment.
Taken under consideration
was a request from the Wash
ington Suburban Sanitary Com
mission to amend its recently
approved five-year sewer pro-
gram to permit construction of
a lateral line from the north
fork of the Rock Creek Sewer
to the Fraley tract south of
Bowie Mill Road.
Asked for a decision within
the next six weeks, the Council
was told the Maryland-N National
Capital Park and Planning
Commission has approved a
preliminary plan for subdivid-
ing the property into some 200
half-acre lots.
The property is recommended
for half-acre coming in the 1861
plan for the Rock Creek water
shed, but latest proposed revi-
sions for the county's general
plan call for occupancy of less
than half a dwelling unit per
acre.
This would put the land in
the category of two-acre zoning
with which the Planning Com
mission now hopes to preserve
a broad area of open space in
the Rock Creek watershed.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

which represents IA civic asso.
Citations and thousands Of citi.
zens in the river area of the
county, termed the proposed
highway "wasteful and useless"
Milton Chase, chairman of
the Leagues Roads Committee,
reminded the Commission that
the new George Washington
Memorial Parkway along the
river in Montgomery County
will be opened next year.
He stated, 1T is difficult to
believe that any responsible
agency would propose the con-
struction of a second four-lane
highway within few yards of,
and paralleling, the new Park
way.
"YOur own estimates Of pas
senger traffic In the year 1860
prove that all Of the traffic In
this area can and will be ade-
quateIy handled by the new
Parkway" he continued.
The Leagues president, II.
Stewart Dunn, called on the
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12

Apartments
Approved
Members List
Furnished By
Humane Group

The Montgomery County HUI
name Society this week became
the first of seven active local
organizations to comply with a
County Council request for
membership lists.
Council members expressed
their pleasure with this initial
compliance. Said Councilman
Grover K. Walker:
Il certainly appreciate it, be-
cause I'm the one who initiated
it. l want to again assure these
groups that there is nothing
back of our request"
Council president Floyd, how
ever, criticized the groups which
have not yet complied, declar-
ing "they ask that all kinds of
information be given to them,
but they're not at all eager to
give us their lists"
COunciIwOman Mary A. Hep.
burn predicted "the end result
of refusal of certain groups to
give us their lists will be to
their detriment in considering
their proposals In the future"
Other groups from which the
Council seeks membership infor-
nation are the Non-Partisan
Taxpayers League, Citizens
Committee for Fair Taxation,
Committee for the Public
Schools, Council for Better Edu-
cation, and the Montgomery
County Citizens Planning Asso-
citation.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
Einstein
addition
Is Ared

A final decision to refuse the
School Board a supplementary
appropriation to build a a.
room windowless addition to
the new Albert Einstein High
School in Wheaton was reached
by the County Council this
week.
A $667,000 appropriation for
the addition was axed from the
School Boards original budget
request last April, and has since
been the subject of extensive
legal maneuvering between the
Council and Board.
Advised by their top legal
counsel this week the boards
request constituted no "emer-
gency" within the language Of
the law, Council members
unanimously voted it down.
There were some indications,
however, that the addition
might be considered favorably
as a part of the regular, forth
coming budget.
Earlier, Silver Spring Volun.
teer Fire Department Chief
David Graft told the Council
the Montgomery County Fire
Boards technical advisory com
mittee had no objection to win
dowless schools If they were
provided with complete auto
matte sprinkler systems or
direct outside exits from each
room.
Gratz also urged the location
of common air ducts so that
smoke or fumes could not get
into corridors used for emer-
gency dispersal Of students,
and said ventilating systems
should be designed to prevent
recirculation of exhaust smoke
and fumes within windowless
buildings.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-12-12
Hal Lackey
Is Again
Successful

Preliminary approval Of
sharply-contested high rise
apartment coming for a 23-
acre tract in the wildwood
Manor section of North Be
thesda, sought by attorney
Hal ]. Lackey, marked the
reunited County Councils
attack on a backlog Of zon-
ing decisions this week.
Of 20 applications on their
agenda, Council members put
off decisions on only six. Many
had been pending since three
Council members left the c0un.
try in mid.November to attend
a Hawaii convention.
The controversial Wildwood
Manor coming, asked by LacIxey
on behalf Of Alvin L. and Dor0.
thy B. Aubinoe, passed It's
initial trial by a 4-3 vote, with
all Republican members Of the
Council favoring II except DR..
Thomas M. Wilson. The other
two mo" votes were cast BY
Democrats Jerry Williams and
Grover Walker.
Said DR.. Wilson after the
vote; This is awful, to throw
apartments right smack in the
middle of one of the highest.
quality residential areas IN the
county"
He predicted an early move
to obtain high-rlse apartment
coming by owners Of other prop.
erty to the remaining quad.
rants Of the intersection Of
Old Georgetown Road and us.
Route 240, which bounds the
Aubinoe tract.
Lackey and Mrs. Aubinoe are
members Of the local COP State
Central Committee - a fact
which gave rise to speculation
the request would be given
favorable consideration by the
Observation-Disclosures Council.
At a public hearing on the
case in October, Lackey met
this issue with an attack on the
press in which ne said he saw
mo need for the press indulR-
ing in such insinuations."
II am sure" he declared be-
fore standingroom only
audience of several hundred
Wildwood Manor homeowners
opposing the zoning, that the
Council will base its judgment
on the facts of the case and the
facts of the case alone.p
Opponents of the high-rise
coming, led by former County
Council president David L. Ca
hoon. noted that it was recon-.
mended for denial by both the
Montgomery County Planning
Board and its technical staff.
Republican planning board
Louis A. GravelIe add
(See Apartments B5)