Columbia Missourian 1966-08-30 The Columniste Say |
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The Columnists Slay Say Financial Picture Seers Seems Olf Focus Theres There's something wrong with the wM whole financial picture throughout the world With the EW new raising ra Dg of nf interest rates to sis air per par cent on ca business bus bor borrowing rowing foreigners foe rs find it more profitable 2 to invest in this coon coun- try tsy This Thi may mey help the tie balance balance- b e. e payments d-payments deficit brit bit does dOi little to relieve the fea 1 Ills ilia illiG G underdeveloped countries Since the banks becks warn want to keep the tie money io In their vaults the amounts ol of interest rates win will tend to keep II going up Bonds also ako I OO or ore attracting more ta s because of Increased yields ields Thia This may reduce duce speculation speculate but it doesn't help heip banks in in- increase crease the flow flaw of money Credit ia is high money scarcity is hi holding down construction and industrial expansion This helps Increase unemployment The administrates may act net to restrict inflationary signs but probably eat until after the elec elec- tion The Federal Reserve Boards Board's view is JJ that restrictive restrictive tive credit has helped up the interest rates to the highest since ince the th It has never been reen determined if there had been an early rising of the cost of credit the 1929 crash might have been averted Drew A common market of the Americas might liberate e IS quarter quarter quarter ter billion from poverty It would do this by reducing tariff rivalry industrial compe compe- competition competition competition and the ups and downs dOW of world commodity markets Pcp Pepi Figures former farmer President President President dent of Costa Coats Rica Rico and En En- Enrique Enrique rique Paris Paris present Venezuelan a m b a 11 II a s II a d o 0 r to Washington Wash pioneered a com com- commas common mon mas market marJ t in 10 Central Ameri Ameri- ca Some small snail countries in indie inthe inthe the die area already have bave started pooling their resources and ud cli- cli mates matea The larger luger countries bag loog have hava suffered from lack of cl tion The aristocracy ha have bate e de de- demanded demanded demanded that each country de de- develop develop de- de its own textile Iron and steel eH oil and automobile in- in indu du s. s Mr Me Johnson proposes a pm similar to one ODe suggested by Thomas Jefferson Jeffer oo in to the early Cieri days of American his his- tory Jefferson wanted wasted the North sad and South American countries to unite their er industrial efforts It could bs bt a 8 step toward political cal ee affinity play into the hands bonds of the Com Com- Communists Communists and damaged the rep reputation of the U. U S. S in foreign lands Casting couldn't have been base done better by an ao exper exper- experienced Hollywood producer Act Act- Acting Acting ing chairman Joe Pool R appeared to be a II rough circus circus- master who moved his deputies around the ring at the crack cr ct cJ el ela a III Such exposure en on television and aud in la the press may give him top billing in the tle Dal Dal- Dallas Dallas las JaB political politic a ring Cast as the villains villain were brash rude youths who woo were bent on causing as much trouble as possible They seemed to have accomplished their purpose both boat at nt home and abroad From the to l Dihle ihle There bath hath no temptation taken you but such as is com com- common common mon man to man but God is faith faith- faithful faithful ful who will not suffer you to tobe tobe tobe be tempted about that ye are lire able but will with the temp temp- temptation temptation tation also make a way to es escape es- es escape cape that ye may be he able to bear it it I I Corinthians 1013 10 13 Today's se se- selection selection lection from fro fromM m M the Bible was chosen by the Rev John W. W McGraw pas pas- paste pastor pastor te tor Seventh- Seventh Day Adventist Church lien 1100 1 College Park Dr D Prized swords swords have bave been urn tern tempered pared red in the Tagus River Toledo Spain since the 1st century B. B C. C
Object Description
| Title | Columbia Missourian Newspaper 1966-08-30 |
| Description | 58th Year, No. 294 |
| Subject |
Columbia (Mo.) -- Newspapers Boone County (Mo.) -- Newspapers |
| Coverage | United States -- Missouri -- Boone County -- Columbia |
| Language | English |
| Date | 1966-08-30 |
| Type | Newspapers |
| Format | |
| Collection Name |
Columbia Missourian Newspaper Collection |
| Publisher.Digital | University of Missouri Library Systems |
| Rights | These pages may be freely searched and displayed. Permission must be received for distribution or publication. |
| Contributing Institution |
State Historical Society of Missouri University of Missouri--Columbia. School of Journalism |
| Copy Request |
Contact the State Historical Society of Missouri at: (800) 747-6366 or (573) 882-7083 or email contact@shsmo.org. Some fees apply: http://shsmo.org/research/researchfees |
| County |
Boone County (Mo.) |
Description
| Title | Columbia Missourian 1966-08-30 The Columniste Say |
| Date | 1966-08-30 |
| Type | article |
| Collection Name | Columbia Missourian Newspaper Collection |
| Item.Transcript | The Columnists Slay Say Financial Picture Seers Seems Olf Focus Theres There's something wrong with the wM whole financial picture throughout the world With the EW new raising ra Dg of nf interest rates to sis air per par cent on ca business bus bor borrowing rowing foreigners foe rs find it more profitable 2 to invest in this coon coun- try tsy This Thi may mey help the tie balance balance- b e. e payments d-payments deficit brit bit does dOi little to relieve the fea 1 Ills ilia illiG G underdeveloped countries Since the banks becks warn want to keep the tie money io In their vaults the amounts ol of interest rates win will tend to keep II going up Bonds also ako I OO or ore attracting more ta s because of Increased yields ields Thia This may reduce duce speculation speculate but it doesn't help heip banks in in- increase crease the flow flaw of money Credit ia is high money scarcity is hi holding down construction and industrial expansion This helps Increase unemployment The administrates may act net to restrict inflationary signs but probably eat until after the elec elec- tion The Federal Reserve Boards Board's view is JJ that restrictive restrictive tive credit has helped up the interest rates to the highest since ince the th It has never been reen determined if there had been an early rising of the cost of credit the 1929 crash might have been averted Drew A common market of the Americas might liberate e IS quarter quarter quarter ter billion from poverty It would do this by reducing tariff rivalry industrial compe compe- competition competition competition and the ups and downs dOW of world commodity markets Pcp Pepi Figures former farmer President President President dent of Costa Coats Rica Rico and En En- Enrique Enrique rique Paris Paris present Venezuelan a m b a 11 II a s II a d o 0 r to Washington Wash pioneered a com com- commas common mon mas market marJ t in 10 Central Ameri Ameri- ca Some small snail countries in indie inthe inthe the die area already have bave started pooling their resources and ud cli- cli mates matea The larger luger countries bag loog have hava suffered from lack of cl tion The aristocracy ha have bate e de de- demanded demanded demanded that each country de de- develop develop de- de its own textile Iron and steel eH oil and automobile in- in indu du s. s Mr Me Johnson proposes a pm similar to one ODe suggested by Thomas Jefferson Jeffer oo in to the early Cieri days of American his his- tory Jefferson wanted wasted the North sad and South American countries to unite their er industrial efforts It could bs bt a 8 step toward political cal ee affinity play into the hands bonds of the Com Com- Communists Communists and damaged the rep reputation of the U. U S. S in foreign lands Casting couldn't have been base done better by an ao exper exper- experienced Hollywood producer Act Act- Acting Acting ing chairman Joe Pool R appeared to be a II rough circus circus- master who moved his deputies around the ring at the crack cr ct cJ el ela a III Such exposure en on television and aud in la the press may give him top billing in the tle Dal Dal- Dallas Dallas las JaB political politic a ring Cast as the villains villain were brash rude youths who woo were bent on causing as much trouble as possible They seemed to have accomplished their purpose both boat at nt home and abroad From the to l Dihle ihle There bath hath no temptation taken you but such as is com com- common common mon man to man but God is faith faith- faithful faithful ful who will not suffer you to tobe tobe tobe be tempted about that ye are lire able but will with the temp temp- temptation temptation tation also make a way to es escape es- es escape cape that ye may be he able to bear it it I I Corinthians 1013 10 13 Today's se se- selection selection lection from fro fromM m M the Bible was chosen by the Rev John W. W McGraw pas pas- paste pastor pastor te tor Seventh- Seventh Day Adventist Church lien 1100 1 College Park Dr D Prized swords swords have bave been urn tern tempered pared red in the Tagus River Toledo Spain since the 1st century B. B C. C |
