Page 12
University Daily Kansan
Thursday, Jan. 17, 1963
JFK's Budget-
(Continued from page 1)
The President told lawmakers there are two kinds of deficits. He said one is a chronic deficit stemming from anemic economic growth. The other, he said, is a temporary deficit resulting from a tax-spending program designed to spur business activity, provide more jobs and ultimately increase revenues.
"The first type of deficit is a sign of waste and weakness," Kennedy declared. "The second is an investment in the future."
While the Chief Executive did not disclose his tax-cutting timetable in advance of his special tax message to Congress later this month, he said it would reduce federal income by some $5.3 billion in fiscal 1964.
HE ALSO INDICATED that he wants individuals to get tax relief before corporations, presumably on the theory that individuals will pump these additional funds into the economy almost immediately.
Kennedy asked Congress to extend the present 52 per cent tax rate on corporations six more months until Jan. 1, 1964. On the other hand, it was understood he would ask that the first cut in personal income taxes be made effective July 1.
The President also proposed another extension of Korean War excise taxes on liquor, beer, cigarettes and new cars. Otherwise, these taxes would expire July 1, costing the treasury $1.6 million in annual revenues. He likewise proposed raising another $100 million through new user taxes on air freight and plane and barge fuel.
In the field of legislation, Kennedy renewed his appeal for such controversial programs as medical
care for the aged under social security and aid to education. He again sought a cabinet-level department of urban affairs to help cities solve their problems.
THE OUTLOOK for both is dim this year although Kennedy partisans hope to salvage at least something in the 1964 election-year session of Congress.
The President asked for an immediate extension of the present temporary $308 billion ceiling on the national debt and said he would seek a further hike later this year, possibly to $320 billion. He said the debt was expected to reach $316 billion by June 30, 1964.
In outlining his military spending requests, Kennedy said the free world "must be prepared at all times to face the perils of global nuclear war, limited conflict and covert guerrilla activity."
AS A RESULT, he said, his administration will continue development of strong retaliatory forces, capable of surviving surprise attack and striking back; improved air and missile defenses, stronger and more flexible conventional forces and a civilian fallout shelter program.
He said the budget provided for six more Polaris missile firing submarines, procurement of additional Minuteman intercontinental rockets to be dispersed in underground sites further tests of the Nike-Zeus anti-missile missile and initial development of the more advance Nike-X.
For agriculture and related programs, Kennedy estimated fiscal 1964 spending at $5.8 billion, a reduction of $1.1 billion from current levels.
Sororities Begin Rush During Semester Break
Semester break will be a time of rest and relaxation for some students, but not for the women students who will participate in spring sorority rush.
A total of 798 women have registered to go through rush. Also on campus will be the sorority members to entertain the rushees.
Reds Claim Sovereignty In Hong Kong
TOKYO — (UPI) — Red China declared today that it holds sovereignty over the British crown colony of Hong Kong, and demanded that the British government call off a slum clearance program in Kowloon city.
The official New China news agency charged that a British resettlement scheme would deprive 2,000 Chinese of their jobs and homes.
New China's broadcast, monitored in Tokyo, said that a formal protest was delivered to the British government on Thursday.
It demanded that the British break off of the resettlement project
of the resettlement project. Both Hong Kong and Kowloon City are British possessions, acquired by conquest from China in the 19th century. Kowloon, lying on the Chinese mainland, is separated from Hong Kong island by about one mile of water.
The "new territories" which forms a third portion of the British colony, was leased by the British government from China in 1898, for a period of 99 years.
Eligibility for rush is subject to scholastic restrictions. Freshmen and transfer students must have earned at least a 1. (C) average for the preceding semester.
Upperclass women must have a cumulative average of at least a 1. for previous college work or an average of at least 1.5 for the preceding semester at KU.
Upperclass women will be housed in Oread Hall. Freshmen women will stay in the freshmen residence halls.
- Wednesday, Jan. 30 - Open house, 10 to 11:35 a.m. and 6 to 9:20 p.m.
The rushes schedule includes:
Tuesday, Jan. 29 Open sessions
Wednesday, Jan. 30
The rushees' schedule includes:
- Sunday, Feb. 3 Third invitationals, 2 to 5:30 p.m. and signing of preference cards, 5:30 to 7 p.m.
● Friday, Feb. 1 — First invitations. 6 to 9:50 p.m.
The Dean of Women's staff will match the preferences of rushees and sororities Feb. 4. Invitations to pledge will be distributed Tuesday afternoon, followed by informal parties.
- Saturday, Feb. 2 - Second invitations, 2 to 5:45 p.m.
The formal pledging and pledge banquet will be Wednesday, Feb. 6.
Foreign Student Visits Governor At State Capitol
"The problem of solving problems is communications." Governor John Anderson told an Egyptian graduate student yesterday at Topeka.
Mohammed "Sammy" Affify, new International Club president, has such a problem.
SO AFFIFY pulled on his overcoat, wrapped his muffler around his neck and drove 60 miles over snowy roads to Topeka to see his friend and to personally invite Gov. Anderson to KU.
It isn't serious. But Affify knows there is only one person in Kansas who can help him. He wants the governor to come to KU to explain state government to the University's international students.
The Egyptian graduate student knew Governor John Anderson well. Why it seemed like only yesterday when Chancellor Clarke Wescoe had introduced him to the governor. That was last June when Affify received his doctorate degree from the University of Kansas. He was one of the few foreign students who earned his doctorate degree at KU. He had visited with the governor that night. In fact they had had their picture taken together.
When Affyff arrived in Topeka, he went directly to the governor's office in the capitol building. A prim young secretary showed him into a waiting room where he studied the rows of pictures of past governors until it was time for his appointment.
At 2:30 p.m. Gov. Anderson stepped out of his office, squeezed Sammy's hand and invited him inside. The governor seated himself behind a heavy desk, adjusted his heavy-rimmed glasses on the bridge of his nose.
The pair discussed everything from Egypt to the governor's twins.
ANDERSON called the University foreign exchange program "a workshop in understanding people."
"the benefit of the program is not what it does for KU, but what it does for the people of the United States." Anderson said. "It is not the educational phase that is so important, but the understanding of cultures."
He added when a foreign student goes back to his country he has gained a better understanding of the American mind and American intentions.
Whether Gov. Anderson will come to KU is not certain. But the governor is checking his appointment book.
Making Money Making Money
President Kennedy's new fiscal 1934 budget estimates the profit from "sieniorage" — the difference between the face value of new coins and the cost of their materials and manufacturing — at $49 million.
WASHINGTON — (UPI) There is money to be made in making money.
The only problem involved is that the government has a monopoly on money-making. When private enterprise enters the field, it is called counterfeiting.
Try It This Weekend at
Hillcrest Bowl
9th & Iowa
32 AUTOMATIC LANES
Final Examination Schedule
7:30 MWF sequence ... 3:10- 5:00 Mon., Jan. 21
7:30 TTS sequence ... 3:10- 5:00 Tues., Jan. 22
8:30 MWF sequence ... 1:00- 2:50 Wed., Jan. 23
8:30 TTS sequence ... 7:30- 9:20 Mon., Jan. 21
9:30 MWF sequence ... 1:00- 2:50 Mon., Jan. 21
9:30 TTS sequence ... 9:40-11:30 Fri., Jan. 25
10:30 MWF sequence ... 1:00- 2:50 Tues., Jan. 25
10:30 TTS sequence ... 9:40-11:30 Tues., Jan. 22
11:30 MWF sequence ... 1:00- 2:50 Thurs., Jan. 24
11:30 TTS sequence ... 7:30- 9:20 Sat., Jan. 26
12:30 MWF sequence ... 9:40-11:30 Thurs., Jan. 24
12:30 TTS sequence ... 3:10- 5:00 Wed., Jan. 23
1:30 MWF sequence ... 1:00- 2:50 Fri., Jan. 25
1:30 TTS sequence ... 1:00- 2:50 Sat., Jan. 26
2:30 MWF sequence ... 7:30- 9:20 Fri., Jan. 25
2:30 TTS sequence ... 9:40-11:30 Wed., Jan. 23
3:30 MWF sequence ... 9:40-11:30 Sat., Jan. 26
3:30 TTS sequence ... 3:10- 5:00 Sat., Jan. 26
4:30 MWF sequence ... 3:10- 5:00 Fri., Jan. 25
4:30 TTS sequence ... 3:10- 5:00 Thurs., Jan. 24
German A, B, 1, 2, 3, 4, & 5 (All Sections) ... 7:30- 9:20 Tues., Jan. 22
spainish 1 & 2
General Biology Zoology 2 (All Sections) 7:30- 9:29 Thurs., Jan. 24
Physiology 2
Chemistry 1, 2, 2a, & 3 (All Sections) ... 7:30- 9:20 Wed., Jan. 23
English 1, Ia, 1H (All Sections)...9:40-11:30 Mon.. Jan. 21
Physics 3. 4, 5, 6 & 110 (Aa Sections) ... 3:10-5:00 Wed., Jan 23
(5:10-7:00 for students who have 12:30 TI examinations at
3:10-5:00)
Business Administration 40 & 41 (All Sections) ... 3:10-5:00 Mon, Jan. 21
(5:10-7:00 for students who have 7:30 MWV examinations at
Engineering Mechanics 1, 12, 16, 48, 49, 53, 57 (All Sections) 3:10-5:00 Tues., Jan. 22
Engineering Mechanics 1, 12, 16, 48, 49, 55, 57 (All
3:10-5:00 Mon., Jan. 21)
(5:10-7:30 for students who have 7:30 TTS examinations at
3:10-5:00 Tues. Jan. 22)
PTP Plans Book Drive For Foreign Students
A drive to collect textbooks for foreign students will begin Saturday.
Book containers have been placed in all organized houses, Strong Hall and the Kansas Union.
People-to-People is sponsoring the week-long drive to provide books-scholarships up to $25 for foreign students.
David Martin, Coffeyville sophomore and P-t-P special projects chairman, hopes to collect $700 worth of books.
P-t-P will handle the sale of the books and give the money to foreign students.
He said the organization is collecting all books — hardback or paperback, textbooks in use as well as out of use at KU.
Twenty-one foreign students held book scholarships during the fall semester.
"With more applications for the coming semester, we must collect more books." Martin said.
The book drive and scholarship program, which began last semester, allows the students to keep the book if he pays P-t-P one-half the original cost of the book. He may keep the books for an additional semester or turn them back immediately so that the books may be sold to provide money for more scholarships.
The amount of the book-scholarship depends upon the financial needs of the applicant and the books required for his courses.
Profits from the drive will be used to provide more book-scholarships and to help finance another P-t-P program, "English in Action," designed to help foreign students improve their English.
Students who reserve book-scholarships stop by the P-t-P office in the Union during enrollment. A P-t-P representative accompanies them to the Union to buy their texts. If students have already bought their books, they are reimbursed.
AYN RAND'S
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Fraser Theater
Shows at 7 & 9:30 35c
Kansan Classified Ads Get Results!
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SATURDAY
1:30-NEW SOUNDS Kiefs Records
2:30-SANDY'S SATURDAY SWING
Sandy's Drive-In
3:30-HAWK TALK
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