davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12
KennedYBacks
Georgetown
Bridge Plans
President Also
Accepts Interstate
Freewuy Route
By LEE FLOR
Star Staff Writer

President Kennedy today APP
proved an Advisory Commit
tees recommendations on gen.
eral location and design for a
Georgetown RoSslyn bridge
and an interstate freeway
through Northwest Washing
ton.
In a letter to District Com
missioner Walter N. Tobriner,
the President said acceptance
of the advisory recommended
Itions by the Commissioners
should assure that the entire
District highway program can
now move forward"
The Advisory Committee ad-
viSed against building a bridge
at the Three Sisters Island
location, and this was Endorsed
by the Commissioners in a let
ter to President Kennedy last
week. The new location would
be across the Potomac between
Roosevelt Island and Key
Bridge.
In January Budget
In today's letter, the Presi-
dent also said he would reflect
the Advisory Committees rec
concentrations and the Com
missioners' Endorsement in his
budget message to Congress
next January.
This apparently means that
funds for consulting studio S
and for construction fun d S
would be in the January budget
for fiscal year 1865, which
starts next July /.
District Engineer c om m S.
sioner Duke last week said he
was waiting for a response
from President Kennedy before
starting any consulting studies
The planning for the exact
location and design for the
bridge has to be a joint effort
with Virginia and Arlington
County hig hway authorities,
and the exact location of the
bridge is still open.
The recommendations for
the bridge were general enough
so that it might be moved
Slightly upstre a m from Key
Bridge, even though the advi-
sorry committee said the best
location from its viewpoint was
downstream.
The advisory committees re-
concentrations were viewed as
broad guidelines" which could
be used for exact consultant
studies. A consultant probably
will be asked to study tho
roughly several alternate de-
signs around Key Bridge, and
also will be asked to make al
ternate studies of tunneling for
the North leg freeway.
Presidents Letter
Following is the text of the
Presidents letter to Mr.. To-
briner:
Il am pleased to have your
See BRIDGE, Page AS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12
CHILE MOVING
TO THE MIDDLE

CHILEAN MooERATEs oppeor
TO be on the woy to executive
power. The Christion Democrats,
led BY eduordO Fret. rejecting both
the rodicol left ond right, ore
gaining popular support. George
Shermon. Stor stotf writer, coils it
"one Of the most exciting political
revolutions in lotin America" in
his anolysis on Poee "A.
Have The Stor Delivered
Dolly and Sunday
Phone Lincoln $1,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12

they believe she feared Chris
tine would one day blame her
for the loss of the leg.
The girl was a ward of Juve-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12

nile Court. She had run away
from home several times and
presented & behavior problem
The mother, who is on State
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12

LONDON, Nov. IL (AP).-
Sir Alec DouglaS-Home, the
new Prime Minister. declared
tonight he intends to fight the
next election on the issue of
whether Britain should remain
an independent nuclear power.
In his first speech to the
House Of Commons since TAX
ing over leadership of the
government, he declared that if
gave up her nuclear
status now the decision would
be irrevocable.
I'VE could never go back
into this business" Sir Alec
said. II intend, in due course,
to put the question of Britain's
independent deterrent to the
electors"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12

Mother Of Professor Says He Is No
Spy. Poss AS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12
Receives Ovation

A new session of Parliament
opened today-the last before
a national election due within
the next IL months.
Sir Alec and Labor Party
leader Harold Wilson immedi-
ately clashed over the Con-
sentative governments program
for modernization of Britain
and rapid expansion of her
social services. Mr.. Wilson
suggested the government could
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12

may have been travelling in a
variety of cars including a
brown 1868 Pontiac with Vir-
ginia tags, a green 1862 Olds-
mobile or a black and white
1859 Ford.
William E. Rye, %, part
owner of a used car lot at Gin
ton, Md, who was in the bank
to cash a check, saw the hold
up.
He said the first bandit en-
tered the bank through the
front door, wearing a mask
over his face and with pistol
in hand. The other bandit en-
tered the rear door with gun
in hand, but no mask. Mr.. Rye
said he kept his face covered
with his hand.
Mother, Girl Present
There were six persons in the
bank at the time-three en-
ployes, Mr.. Rye and a woman
customer, Mrs. Paul Sloan of
5001 Lee Jay court, District
Heights, with her 5-year-old
daughter.
Mrs. Sloan said she and her
daughter were starting to leave
the bank when one bandit
rushed in, pushed her back and
said, Don't move. This is a
holdup."
Ms. Sloan said her daughter,
was very scared. "She
has seen so much of this on
TV," explained the mother.
The masked gunman vaulted
the counter and held a teller,
Mrs. Ann Clements, 40, at gun
point while he rifled her cash
drawer. The other bandit or
dered the manager, John Nash,
81, from the office and held
him in a chair at gunpoint at
the other end of the counter.
The one drawer was the only
one rifled by the masked ban
dit before he once again vaulted
the counter and ran from the
bank with his accomplice.
AS they ran out separate
doors. Mr.. Rye reported, the
gunner warned every one not
to move for five minutes cor
we'll blow your heads Off"
While the holdup was in
progress, two boys aged II and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12
Weather Forecast

District and vicinity Fair and colder
tonight. low in low 30s. Partly cloudy and
colder tomorrow. high near AZ. High today,
81 at pm; low, 40, at am.
Full Report on Pose B-4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-11-12
Presidents Letter

Following is the text of the
Presidents letter to Mr.. To-
briner:
Il am pleased to have your
See BRIDGE, Page AS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07

the machine must be able 10
record its measurements up 10
80 miles per hour. The ESQ
gallon water tank will be able
Mr.. McCardle added. to wei
the runway sufficiently to SIM
ulate the effect Of a rainstorm
John /. Thompson. president
Of the company bearing his
name, said he expected the air.
strip tester to measure ac-
curately the amount Of skid
resistance despite the fact II
viii weigh less than $4,000
pounds. compared with the
100000 10 100000 pound weight
Of the average airliner.
He said II would take about
a year 10 develop the machine.
Although the pilot model may
be relatively expensive he ex-
poets that the cost eventually
will be reduced to about $40. 900
Besides measuring necessary
braking effort, the machine will
determine whether one runway
surface is better than another,
Penn States studies have
pointed up the fact that al
though speed Is an important
factor. II not the most i'm
portant. In automobile skidding,
condition Of tires and type Of
pavement have much 10 do
with II.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
0. c. FIRM GETS CONTRACT
Project Would Cut Jet Skids
GETS CONTRACT

ly developed q device to test
the skid resistance Of road sur
faces.
Prof. Meyer and his staff
have been working with the
State Highway Department to
test the anti-skid qualities of
concrete versus asphalt and
other materials in the interests
of automotive safety. He also
will work with the J. I. Thomp-
son Co.
Prof. Meyers friction tester
consists of a truck body mount
ing a 250-gallon water tank
and towing q one-wheel trailer
with a separate testing wheel
that can be raised or lowered
as needed. A complicated in
strument panel indicates the
degree Of skid that can be ex-
pected.
Carl w. McCardle, assistant
10 the president Of J. I. Thomp-
son a. Co.. said the problem
win be TO adapt this machine
10 airport requirements. At
present, 1t measures friction
only at 100 per cent Of tire
slip, whereas It must be capa-
BILE Of measuring from zero UP
10 80 per cent.
In addition. because Of the
high speeds Of Jet landings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Funds Tied Upin SOL Cases
Are Not Yet Tax DeductibIe

Marylanders who had money
in savings and loan firms
forced under court control
can't consider the money as a
loss in filing this years tax
returns. Benjamin j. Marsh,
chief of the State Income Tax
Division said yesterday.
Mr.. Marsh said his office
had made no arrangements
with a Washington tax con-
sultant who has advertised
that tax deductions were pos
sible this year for victims OF
Maryland's savings and loan
problems.
I'VE want to help these
people," Mr.. Marsh said in ar
interview, "but the law says
that no deduction can be made
until the courts officially certify
how much the savings anc
loan firms shareholders will
get back for every dollar they
invested"
The tax official reported that
his office and Gov. Tawes had
been notified by Edward l.
Meyer, chairman of the Saw.
ings and Loan Shareholders
Recovery Committee, that al
least one tax consultant was
asserting that the losses were
deductible this year.
Our attorneys are still look.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07

ing into the possibility Of grant,
ing some tax relief before final
court action" Mr.. Marsh said,
But we have made no ar
rangements with any tax con-
sultant about allowing these de-
auctions now"
Mr.. Marsh noted that a bill
to allow tax deductions on
losses before official court de-
termination was introduced into
the General Assembly last
month by State Senator Gilbert
GUIDE, Republican Of Montgom-
cry.
The measure, which Mr..
Marsh helped to draft, was
given an unfavorable report by
a Senate committee and was
dropped.
A more far-reaching meas
ure, introduced by Delegate
James r. Miller, Republican of
Montgomery, did not receive
final action by any House of
Delegates committee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
BY CHARLES COVELL
Star Staff Writer


In q move for greater safety
in the Jet age, the Federal
Aviation Agency has contracted
with a Washington firm to de-
velop a traction tester that
may go a long way towarJ
skidproofing the Nations air
strips.
A jet-powered airliner touches
the runway at $50 to 100 miles
an hour compared with the 90
miles an hour Of a propeller
driven four-engined plane.
The jets speed drops 10
about 80 when q third Of the
runway has been covered, but
the pilot still must apply the
brakes to the plane and his
passengers nerves.
II the air strip Is wet, an
uncertain factor Is added. The
proper amount Of brake pres
sure is left TO the pilots judy
ment. II he guesses wrong, the
plane might skid off the run
way.
In fact. the Civil Aeronautics
Board says. two or three air
liner accidents a year are
caused by slippery runways.
The $4,000 contract for the
initial phase Of the project
went TO John /. Thompson a.
Co. OF Washington. which win
design and build the traction
tester in its laboratories at
Bellefonte, Pa.
Bellefonte is near State Col
lege. Pa, where w. E. Meyer,
q Penn State professor OF
mechanical engineering. recent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Peoples Drug Sales
Reach New Peaks

Sales Of Peoples Drug Stores
Inc, in both March and the
first three months of this year
set new records. In line with
the trend to larger stores. the
sales average per store con-
tinued to rise.
March sales Of $9,212,030
we're 7.6 per cent higher than
$8,561,818 in March last year
with 222 stores in operation,
compared with 210 in the 1862
month.
The store sales average for
March was nearly SAL, 500, COM
pared with $40,771 in March
last year and about $4,000
five years ago.
For three months of this
year, sales of $27,055,179 were
9.5 per cent ahead of $24,-
700, 973 a year earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
WALL STREET BENEFITS
SEC Report Points the Way

lions firms and some financial
writer's - and the abuses in
these fields have been an I'M
told scandal for years. There
is no defense at all for a fl
nancial press agent or finan-
cial writer who touts a COM
pany's stock. pulls in gullible
investors, then balls out at a
profit with other insiders. The
SECS warning to the public re-
lations field and the financial
writer's is clear: Police yourself
or the policing will be done for
you. To me. that part of the
SECS report is sickening-and
actually, l know the SEC is
being gentle in its accusations.
80 1t will help wipe out
reckless dissemination of writ
ten investment advice" lire
Sponsible recommendations of
securities. NO one gains from
this sort of thing except the
borderline promoter. The self
regulatory bodies can handle
this. There need not be a law.
Law Not Needed
BY its spirited price rise after
the reports main proposals be-
came public, the stock market
gave its Judgment: good" BY
their comments to me, Wall
Streets leaders gave their APP
praisal: "A skillful, thoughtful,
careful job"
OF course, there will be plenty
of tough problems and debates.
But whatever comes out will be
on the plus side which I
might add is what the SEC has
had in mind all along.
distributed, 1913, by the Hall Syndicate,
Inc. All rights reseryed)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
National Permanent
Tops SAP Million

Assets Of National Permanent
Savings and Loan Association
reached a record $142,2c3,325
on March 81, up 1874 per cent
from $l23,3l3,898 a year ago,
President John w. Stadtler an
nounced yesterday.
Invested savings also set q
record of $124,968.023. with a
Jump Of l7.6 per cent from
$106, 272,557 a year earlier.
Surplus and reserves of
$8,805,64 were lis per cent
ahead of $7,893,54 in the same
1862 month.
Outstanding real estate loans
of $123 ,6sS,08 were 1875 per
cent ahead Of $l09,956,909 a
year earlier.
The March 81 report marked
the end of the first half OF
the associations fiscal year
The 72-year-old institution is
the third largest in the Wash
ington area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
D. c. Building Turns
Upward in March

Sharp gains in office building
and District Government con-
struction lifted District building
permit volume to $S,694,9 79 in
March from $5,54S,S77 in Feb
ruary and s6,S56.2s5 in March,
1862, reported John 2. Beemer,
chief Of the permit branch.
Office buildings accounted
for $3,124,000 Of the March
total, compared with $1.175, 900
in the previous month and
100000 in the 1862 month.
District Government projects
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Saxon Blasts State Banking Chiefs

totaled $1,S4S,S5o, compared
with $8l5,000 in the previous
month and only $60.l00 a year
ago.
Apartments accounted for
$4,000, compared with 81 $685.
900 in February and $125,O0O
a year earlier.
Private dwellings totaled
$546, 900, compared with $751;
900 in the previous month and
$705,500 in the same month
last year.
In three months this year,
District permits totaling SAL
4l8,48l remained we'll behind
$50, $50, $50 a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07

induStry's own self-regulatory
bodies, will raise standards for
statesmen, for securities firms
and for their executives. The
SECS report stresses the need
for raising standards, and ac-
tually Wall Street began a
drive for this on all fronts even
before the SECS probe got I'M
der way in 1861. Every one will
benefit from the lifting Of
standards except the fringe and
the outright crooks.
80 1t will speed the end of
the unjustifiable double
standard" which exists between
stocks of companies listed on
an exchange and those of COM
panies which are traded over
the-counter. The SEC recon-
mends that publicly-held COM
panies with 800 or more stock
holders that have unlisted
stocks be required to make reg
ular financial reports, to reveal
data on "insider" deals, to give
full proxy information to their
stockholders - just as compa-
MES with listed stocks must do,
Wall Streets own leaders long
have urged this. The full dis
closure" rule wouldn't apply to
small companies. 1t can't hurt
reputable, big companies. 1t
can only help the investor.
"a 1t will improve the stand
ards Of financial public rela-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Financial General
Subsidiaries Grow

Combined assets Of three
fire and casualty companies OF
the Financial General Corp
group totaled $57,537,428 al
the end Of 1862, compared with
$55,970.O85 a year earlier, re-
ported w. l.. Cobb, president Of
the group.
Policyholders' surplus Of $2l,.
502.239 was behind a record
$28.ll7.3l1 of a year earlier
Premium writings increased
to $28,945,570 from $25, 205, 562
All three firms had gains In
investment income but suffered
underwriting losses, Mr.. Cobb
reported.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Two Banks Receive
Branch ApprovoIs

Applications for new branch
offices Of the First National
Bank of Washington and the
Mount Vernon National Bank
81 Trust Co. have been APP
proved by the Controller Of the
Currency.
First Nationals branch will
be on Maryland avenue between
Sixth and Seventh streets S.W
Mount Vernon Nationals
branch will be at the intersec-
gion Of Little River turnpike
and Old Lee highway In Fair
fax County.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
NICE WEDDING GIFT
$1,000 Bills and Up
Rare but Welcome

have it2 Why do people want
themp
Well, unless you're like the
Texas millionaire who liked tC
pull out a $4,000 bill and ask
for change every once in q
while, there really isn't much
you can do with a big demon
ination bill.
A number of New York
bankers agreed that the aver
age person Of he ever could
afford a $1,000 or $4,000 bill)
would have little use for II
except to deposit it in his
bank account.
If you tried to cash a $4,000
bill or buy something with il
you'd most likely run into
trouble or at least a delay until
the bills authenticity was
verified.
Practice Is Simple
Technically banks are re-
quired to accept legal tender
but in practice 1t isn't thai
simple.
I'VE won't enter into any
transaction involving a big bill
unless we know the entire
background" explained a vice
president Of one Of the city'S
largest banks.
Another bank said that Gus
toners are always notified
that dealings involving one Of
the big bills must be reported
to the Treasury on a form that
covers any unusual bank trans
action.
DR.. Joyce Brothers, the
psychologist, listed several rea-
sons why people like big bills
outside the obvious fact that
they represent q lot Of money,
I'VE have, perhaps, an in
born desire for balance" she
said. I'VE are symetrical crea-
lures and this holds true for
numbers. Even numbers are
emotionally and esthetically
pleasing to us and when a per-
son has a 500 bill it seems
like a lot more than 500 in
many bills"
Gamblers Like Them
Big bills were favored in
black market dealings during
the last war. Gamblers are an
other known user because the
bills don't leave tracks as
checks do. Another favorite
use is In complicated real es-
tate transactions involving nu-
merous parties where the bills
save check writing time and
effort.
Big bills also are fairly COM
mon in the export-import busi-
ness, in transactions involving
customs duties. in the fur, jew
elry and financial trades, by
the international airlines. by
foreign diplomats and for pro-
motions ranging from worlds
fairs TO supermarket openings.
Some people Just like to car
ry a big bill. A recent example
was the late w. Alton Jones,
executive committee chairman
Of Cities Service Co. when
killed In a jetlifler crash he
was carrying s55,690 in cash,
including a neatly folded $lO.-
900. Later a spokesman ex-
planned he liked to buy things
on impulse no matter what the
cost.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
Dart Drug Volume
Continues Climb

Sales of Dart Drug Corp. set
a new record Of $8,058.111 in
the fiscal year ended March 81,
an increase of 14.8 per cent
from $7,02O,312 in the previous
fiscal period, Herbert H. Haft,
president, announced. March
sales of $718,526 were 17.6 per
cent ahead Of SCOTIA in
March last wear.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-07
BY SYLVIA PORTER

One Of the best gifts Wall
Street has received in years is
the Securities and Exchange
Commissions report on the re-
suits of its l7-month investi-
cation of the country's secur-
tiles markets. Whatever addi-
tional regulations. improve
ments and laws that result are
sure to benefit the investor,
reputable securities firms and
statesmen and the economy.
This is the appraisal of many
financial leaders I talked to
late last week when excerpts Of
the l,600-page report became
available in New York.
Most significant is the fact
that while the SEC found
grave abuses" important
problems" and the need for
additional controls and i'm
provements," 1t also found no
'pervasive fraudulent activity
and no need for dramatic re-
construction" of the securities
markets or Of regulations. Ev-
cry Wall Streeter knows there
are grave abuses, important
problems and admits the desir-
ability of additional controls
and Improvements.
Constructive Aspects Listed
Just as the medical profess
sion has its quacks and the
legal profession has its crooks
so the securities industry has
its dirty fringe too. And Just
as reputable professionals in
medicine and the law would
welcome the elimination of the
quacks and crooks, so reputable
Wall Streeters would welcome
the elimination of their fringe.
This is Just the beginning
Here are other constructive as
poets of this report.
Cd The widespread and con-
tinuing publicity which will be
given to the SECS proposals
and Congress hearings will
make the investing public In
creasingly curious about the
securities they buy and the
firms with which they deal.
Any move which stimulates in
weston education is construc-
tive. Any step which makes
stock buyers more aware of the
Importance Of dealing only with
responsible financial firms is
beneficial. This greater curios-
ity Is bound to expand informed
public participation and con-
fidence in securities.
90 The report will stiffen
self-policing by the securities