FRIDAY. FEBRUARY 3. 1961
JFK
Prime
WASHINGTON (JP) President Kennedy yesterday an
nounced his first use of big-time persona] diplomacy. He will
play host to Britain’s Prime Minister Harold Macmillan
during the week of April 2.
Macmillan will not be the
Treasury Will
Sell Securities
WASHINGTON (/P) The
Treasury announced plans yes
terday to borrow $6.9 billion next
week in an operation it said takes
into account the current business
situation and the gold problem.
The borrowing is being handled
through sale of new securities
which, it said, will assure its get
ting all the money it needs and
help prevent the flow of corpora
tion funds to investment overseas.
For one thing, the department
strayed from tradition in deciding
to pay off the maturing certifi
cates and replace them through a
new issue to be offered for cash.
With one exception, last August,
the department normally has
merely refinanced maturing is
sues by offering new recurities in
exchange for those coming due.
Under the refinancing system,
some security owners invariably
prefer to be paid off in cash
rather than accept new securities
for old.
The terms of the new security
issue also take into account the
balance of payments problem.
One cause of the recent gold
drain has been a heavy flow of
American capital to Europe where
interest rates are higher.
Kennedy Will Establish
Labor-Management Group
WASHINGTON (ff) Pres
ident Kennedy announced
yesterday he will establish a
top labor-management policy
group to seek wage-price sta
bility and smooth American in
dustry’s adjustment to techno
logical change.
Kennedy said in his economic
message to Congress he will is
sue an executive order creating
a 21-member presidential advi
sory committee on labor-manage
ment policy made up of labor,
management and public members.
The group would be in effect
a continuing labor-management
"summit" body with the gov
ernment sitting in as a full
partner.
Chairmanship of the panel,
which would have a mission far
broader than run-of-the-mill labor
disputes, would be rotated an
nually between the secretary of
commerce and the secretary of
labor.
Kennedy outlined the group’s
role as one to ‘‘promote free and
responsible collective bargaining,
industrial peace, sound wage pol
icies, sound price policies and sta
bility, a higher standard of living,
increased productivity, and Amer
ica’s competitive position in world
markets.”
Success of lhe advisory com
mittee will depend, of course,
on the willingness of traditional
employer and labor union pro
tagonists to find common
ground to solve mutual prob
lems. Until now, except under
the compelling pressures of
world wars, the labor-manage-
factory authorized
VOLKSWAGEN
Sales Parts Service
$1624.00
to Host
Minister
first foreign government chief
to stop off to see the new Presi
dent. But he will be the first Ken
nedy visitor who leads a major
world power.
The first foreign chief to stop
by, the State Department said,
j will be Denmark's Prime Minis
; ter Viggo Kampmann. Kamp
| mann, on a Feb. 11-19 visit to
this country, is ticketed for a
White House stop Feb. 14.
And late in February Austra-:
lia’s Prime Minister Robert Men
zies is expected to drop in at the
Pennsylvania Avenue mansion on
| his way to a British Common
wealth prime ministers’ meeting
in London.
The visits of Menzies and
Kampmann are described as
getting acquainted affairs.
Macmillan’s visit will cover “a
general discussion of world prob
lems” according to the White
House announcement.
Mazeroski, Face Sign
Contracts With Bucs
PITTSBURGH I7P) Second
baseman Billy Mazeroski and bull
pen king Elroy Face, heroes of
the 1960 World Series, yesterday
signed what they call the "best
contracts ever” with the Pitts
burgh Pirates.
Mozeroski reached agreement
after a 45-minute talk with gen
eral manager Joe L. Brown. "We
didn’t haggle a bit,” said the shy
24-year-old infielder.
Asked if he got a 20, 30 or 40
per cent hike in salary, Mazeroski
quipped:
“Somewhere about there.”
menl consultative process hasn't
worked out very well.
But Kennedy plainly wants to
give the idea another try with his
new committee.
“It will consider national man
power needs and the special bene
fits and problems created by au
tomation and other technological
advances,” Kennedy said.
“I look to the committee to
make an important contribution
to labor-management relations
and an understanding of their im
portance to the stability of prices
and the health of the economy.
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Zorin Issues
Challenge
To Kennedy
UNITED NATIONS, N.Y.
The Soviet Union challenged the
new United States administration
yesterday to follow "a new road”
toward peace in the Congo.
But Soviet Deputy Foreign Min
ister Valerian A. Zorin, in issuing
this challenge in the U.N. Secur
ity Council, maintained a harsh
attack on Secretary-General Dag
Hammarskjold, and made clear!
'the new approach must be based
on previous Soviet demands. j
Addressing his remarks directly,
to U.S. chieftain Adlai E. Steven-:
son, Zorin said: “We await an an- 1
swer from the new representative,
of the United States whether he is!
ready to join us in following the!
new road.”
j Stevenson made no immediate!
reply in the council, but in a!
jstatement issued to newsmen 1
said:
I “I regret that Mr. Zorin did not
address himself to the secretary
general’s proposal for taking all
of the Congolese armed forces out
of politics.
“I also regret his renewed and
unjustified attacks on the secre
tary-general.
Aides said he probably would
not speak on the Congo question
until late next week.
7 Persons Killed
In Train Wreck
BOWIE, Md. (/P) A passen-;
ger train en route to Bowie race 1
course derailed yesterday and
state police said seven persons
were killed and at least 50 in
jured.
Four cars of the 10-car Pennsyl
vania railroad special overturned,
trapping many of the passengers
inside or under the cars. Rescue
workers cut through the roof with
blow torches to reach some of
them.
An estimated 300 race-bound
passengers were abroad the train,
which was wrecked at the Jericho
Park Junction where the train
turns from the Pennsylvania’s
main line into the course.
The train left Philadelphia
about 11 a.m.
Ike Receives Visitors;
First as Private Citizen
GETTYSBURG, Pa. (JP) For
mer President Eisenhower began
the routine of civilian life yes
terday by going to his office on
the Gettysburg College campus.
Today Eisenhower is sched
uled to receive his first official
visitors since leaving the White
House last month. They are Ur.
Alejandro P, Ponze, ambassador
from Equador, and Edwardo Aro
semena, Equadorian minister.
START IT WITH THE
Tonight in Waring Lounge
Rebel
Captives
RECIFE, Brazil (JP) The rebel captain of the seized
liner Santa Maria freed his passengers yesterday from 12
days of captivity at sea. He vowed a war to the end against
Portugal’s premier but his future as a freebooting rebel was
in doubt.
Passengers cried or laughed and sang as they waited their
turns to come ashore, 2800 miles
from where the luxury liner was
seized in the Caribbean Jan. 22.
Thousands of cheering Brazilians
greeted them from the dock area.
Rebel Capl. Henrique Galvao
was given permission lo sail his
ship back beyond lhe three-mile
limit but port officials said near
ly all of his 70 followers who
seized the liner want asylum in
Brazil.
The rebels apparently • fear
what might happen should the
i liner put out to sea without the
passengers, who had been held as
virtual hostages. There are re
ports Port’.i gal’s newest and
fastest frigate, the Pero Lobo
[with a battery of three-inch guns
'is waiting over the horizon,
i Galvao evidently failed in his
demand for food, water and fuel,
all badly depleted in the long
[cruise. If he cannot get away,
jthe Brazilian government will
;take over the Santa Maria in the
jname of its Portuguese owners
and grant Galvao asylum.
Galvao swore to wage war until
strongman Premier Antonio de
Oliveira Salazar is overthrown
and Portugal and her colonies lib
erated. And he said the move
ment also aims at Generalissimo
[Franco of Spain, Salazar’s friend
and ally.
(¥
&
8:00-12:00
Captain Frees
in Brazil
Nixon Charts
Center Course
i WASHINGTON (iP) Richard
jM. Nixon pointed yesterday to a
| middle road course for the Repub
lican party, from which he inti
mated he might seek the GOP
(Presidential nomination again in
! 1964.
Nixon, who leaves office as vice
‘president today, announced at a
goodby gathering of reporters that
he is negotiating to join a Los
|Angeles law firm. He did not
jname the firm. , -
j He and his wife, Pat, take off
!Saturday for Nassau for a month’s
ivacation. They will go to Califor
nia shortly after their return to
seek a new home.
| Questioned as to whether he
plans to seek a second presiden
tial nomination four years from
now, Nixon replied:
| "I have no plans at the present
time to run for any office in 1962
■or 1964.1 have no organization for
j 1964, but that doesn't mean I am
ruling out any possibility of being
a candidate.”
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