The Farmville herald. (Farmville, Va.) 1957-current, 1963-02-12

Soviet cargo ship locked in Ha-
vana harbor and unloaded | ,340
R U S s n military techmcians
with full military gear.
!: ::
HOLDING FIRE = President
Kennedy reasons for not tang
ling directly with President
Charles de Gaulle are strictly fl
nancial.
Until Germany can be split
away from France, the PYesi-
dent believes that De Gaulle and
Chancellor Adenauer hold a
whip hand that could cut deep
into U. S. Gold reserves if the
U. S. tried to put economic pres
sure on France at this time.
Together. France and West
Germany now hold 81 billion of
the S2l billion in foreign CLAIMS
now outstanding against U. S.
gold reserves. Since there now
are an estimated SIT billion in
foreign claims above required
U. S. gold reserves, a joint
French German demand for
payment could easily touch off
a U. S. balances f-payments cri-
sis.
This vulnerability of the U. S.
dollar was noted by the Presi-
dent at this weeks White House
b1iefing of Democratic congress
sional leaders.
During the discussion on De
Gaulle's Common Market veto
Of Great Britain, Senate Demo
cratic Whip Hubert Humphrey.
Mimi, proposed to the Presi-
dent:
Couldn't We apply economic
pressure ag ainst France to
make De Gaulle more reason
able to deal with?"
"As long as Germany and
France are linked 50 closely to-
gether, economic pressure could
be tWo-Way sword" replied
the President. Those govern
ments alone hold more than So
billion in claims against our
gold supply, That puts us in a
very vulnerable position. if they
should Jointly exercise their
claims"
That ended the discussion.
SOCIAL WHlRL - President
Kennedy is horning in on the Re
pubhcans' traditional celebration
of Abraham Lincoln's birthday.
The President and First Lady
are giving a huge reception Feb
ruary II that will top any of the
COPS parties in the capital that
day. More than 800 government
officials, civil rights leaders and
other notables have been invit-
ed. AvoWed purpose of this i'm
posing affair is to commemorate
the centennial of the Enancipa-
ton Proclamation, which was
formally issued January /, 1868.
The hundreds of guests will find
food and refreshments on sew
eral huge buffet tables and bars
in the big White House dining
room. Among those invited are
Dr.. Martin Luther King and
Mrs. Daisy Bates. a leader of
the Little Rock, Ark, school in
tegration battle Assistant
Secretary of State "Sopay" Will
iams has introduced new
fashion note in evening attire
With his dinner jacket, he wears
an open-work Shirt and green
polka dot tie Williams explains
this odd combination by saying
white and green were the cam
paign colors in his six success
full gubernatorial races in Michi-
gan.
Mrs. Dean Rusk apparently
doesn't have a very high opinion
Of guests attending diplomatic
social functions. The wife of the
Secretary of State carefully
leaves her fur coat in her hmou-
sine. Regardless of how cold |
and inclement the weather is,
she never wears her fur coat to
these parties. INST ad, Mrs. |
Rusk takes it off in her car and |
goes indoors wrapped in
small and inexpensive stole. i
Society matrons are all atWitter
over the forthcoming visit this
month of Belgium's Prince Al |
bert and his beauteous Italian
born wife, Princess Paola. AL
bert is the younger brother of
King Baudoin and has been in
Washington before. This time he
is coming as representative of
his government Foreign Trade
Office, but socializng is high on
his "agenda." He is due to call
on the President, but so far the
White House has indicated no
party for him.