DOCSLIB.ORG

Annual Report and Accounts 1961

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report and Accounts 1961 BANK OF ENGLAND REPORT FOR THE YEAR ENDED 28th FEBRUARY 1961 Issued by Order 0/ the Court 0/ Directors, 29(h lime 196 1. COURT OF DIRECTORS FOR THE YEAR ENDED 28TH FEBRUARY 1961. THE RT. HON. LORD COBBOLD. P.C., GOVERNOR.. HUMPHREY CHARLES BASKERVILLE MYNORS. ESQ., DEPUTY GOVERNOR. SIR GEORGE EDMOND BRACKENBURY ABELL. K.C.I.B., O.B.E. THE RT. HON. LORD BICESTER. SIR GEORGE LEWIS FRENCH BOLTON. K.C.M.O. *LAURENCE JOHN CADBURY. ESQ., 0.8.E. tTHE RT. HON. THE EARL OF CROMER. M.B.B. GEOFFREY CECIL RYVES ELEY, ESQ., C.B.E. SIR CHARLES IOCELYN HAMBRO, K.B.E., M.C. SIR JOHN COLDBROOK HANBURY·WILLIAMS. C.V.O. SIR FRANK CYRIL HAWKER. WILLIAM JOHNSTON KESWICK. ESQ. THE RT. HON. LORD KINDERSLEY, C.B.E., M.C. MAURICE HENRY PARSONS. ESQ. SIR WILLIAM HENRY PILKINGTON. SIR ALFRED ROBERTS. C.B.E., J.P. THB RT. HON. LORD SANDERSON OF AYOT, M.C. MICHAEL JAMES BABlNGTON SMITH, ESQ., C.B.E. JOHN MELIOR STEVENS. ESQ., D.S.O., O.B.E. • Resigned. 23rd January 1961. t Appointed, 23rd January 1961. The term of office of Lord Sanderson of Ayot. Mr. M. J. Babington Smith. Mr. M. H. Parsons and Mr. J. M. Stevens expired on the 28th February 1961 and they were reappointed for a period of four years. It was announced in November 1960 that Lord Cobbold would relinquish the office of Governor on the 30th June 1961 and would be succeeded by the Earl of Cromer. BANK OF ENGLAND Report for the year ended 28th February 1961. A Commentary covering the period April avoided and that within the field of fixed 1960 to Marcb 1961 has been included in the investment the very rapid growtb in house and Quarterly Bulletins published by the Bank of commercial building. as opposed to industrial England since the issue of the Bank's last building. should be moderated. The net effect Annual Report. A review of the year ended of the budget proposals announced in April 28tb February 1961 cannot avoid some duplica­ was to increase tax revenues, beyond the tion of what has already been published. To expected increase at existing tax rates, by a minimise this, comment in tbe present Report small amount, though leaving the estimated has been confined to the more important events overall budget deficit for 1960/61 little changed of the year with, in addition. some discussion from that realised in the previous year. At of changes that are more easily considered at the same time certain measures to encourage longer than quarterly intervals. National Savings were introduced. The The year 1960 began with the prospect that Chancellor of the Exchequer also stated that total demand in the United Kingdom would he thought it likely that- rise faster than could immediately be met by " ... the time may soon arrive wh en it would domestic production. Private capital expendi­ be right that we should take other steps to ture and the rate of stock accumulation were restrain further expansion of private credit ..." rising; the trend of incomes and the range of Later in that month controls over hire consumer credit facilities then available made purchase terms were reintroduced aDd the it appear that consumers' spending. which had system of Special Deposits was brought into already risen notably, would continue to use for the firs t time. In June Bank Rate was increase. To limit the adverse effect of these increased from 5% to 6%, a fu rther call was developments upon the balance of payments on made for Special Deposits and the Chancellor current account and upon the stability of announced that the Government had decided to domestic prices, and to encourage conditions hold capital expenditure in the pubHc sector in which an orderly growth of capital expendi­ during 196 1/62 at the level planned fo r the ture could be sustained, successive measures financial year 1960/61. to reduce the pressure on resources were taken. Moreover, there was a gradual rise in long The first, and early, step was an increase of and medium-term interest rates until August. Bank Rate, from 4% to 5%, in January 1960; Initially, the authorities were net purchasers other measures. fiscal and monetary. followed of a considerable amount of gilt-edged stock during the next balf-year. but in the quarter ending in June the It was desirable that restrictive measures demand fo r gilt-edged greatly strengthened. taken should fall most heavily on consumers' The authorities became ready sellers and con­ expenditure so that exports and home invest­ tinued as such until early in 196 1. Long-term ment in manufacturing industry should not be interest rates decreased slightly during the held back by an avoidable shortage of resources, autumn but. resuming their increase at the notably of labour. In addition it was desirable end of November, later more than reversed that the rise in imports of consumer goods this fall. The gross yield on 2!% Consols, for ~ houJd be reduced. that an unduly large increase example, rose from 5"3\% at the end of 10 stocks of industrial materials should be February 1960 to 5#% at the end of July and to 5i% at the end of February 1961. purchase controls and the restraints on lending Though the authorities' purchases moderated by the banks had a direct and discernible effect. the initial rise in interest rates, it was con­ In addition, there were signs by at least late sidered that a rise in long-term interest rates autumn that not only imports of finished manu­ would help to reinforce the other restrictions factures for the consumers' market but also on the credit system; aod, in view of market imports of industrial materials for stock accu­ conditions, the establishment of a somewhat mulation were levelling off. However, the lower level of gilt-edged prices was needed if growth in productive investment and in exports official sales were to be resumed. went only a little way towards the achievement of levels that could be considered adequate in Prices of industrial ordinary shares tended, view of the future needs of the economy. 011 balance, to rise until early in September 1960, the Actuaries' Investment Index rising During the calendar year 1960 manufac­ from 186·0 at the end of February to 188·5 turers' stocks increased in volume by 10% at the end of August. During this period, compared with an increase of 1 % during 1959. however. there were two declines. one after when the increase was low in relation to the the Chancellor's warning, in his budget speech, growth of industrial production. The rise in of possible credit restrictions and the other in stocks in 1960 was an important direct cause the second half of June when there were of the rise in imports. Total stocks continued fears that further restrictions might be imposed. to rise in the December quarter and this may From September until early in December suggest that the measures taken during the year adverse news about the U.K. balance of pay­ failed to achieve one of their objectives. Never­ ments, combined with the difficulties of indus­ theless, an analysis of the available evidence tries affected by the hire purchase controls shows that in the same quarter the rise in manu­ and the weakness of Wall Street. brought a facturers' stocks of materials and fuel, allowing fall in prices. Over the last three months of as far as one can for seasonal factors. was the period, however, more optimistic views on markedly lower than it had been during the the future course of the economy predominated previous quarters of the year. The continued and, with a rise on Wall Street, prices rose growth in stocks seems to have reflected mainly steadily, the Actuaries' Investment Index mov­ an accumulation of finished goods and some ing from 179·7 at the end of November to increase in work in progress; both of these 198·6 at the end of February 1961. were partly involuntary rises resulting from the fall in home and export demand in certain By the autumn the composition of the in­ crease in demand was greatly changed: con­ industries. The changed composition of the sumers' spending had flattened out but capital increase in stocks was less expensive in tenns of imports and suggested that a fall in total expenditure. particularly that of manufacturing expenditure on stocks might be near at hand. industry, was still showing a welcome rise. Preliminary evidence shows that this may have Exports, after a sharp fall during the summer, begun in the early months of 1961. were again beginning to rise. These develop­ ments were accompanied by a change in the During 1960 there was a small decrease in pattern of bank lending away from the cate­ the number of houses started compared with gories of borrowers most closely concerned 1959 though by early 1961 there were some with consumer credit and towards those most signs that this trend might be reversed shortly. concerned with industry; the analysis of New orders for industrial building obtained advances by members of the British Bankers' by contractors rose substantially during the Association shows that during the year ended year. mid -February 1961 the largest increases were in the amounts lent to borrowers connected Most of these were changes in the right with engineering and heavy industry. direction, though their extent and indeed the degree to which they could be carried might The redirection of output towards fixed reasonably be matters on which opinion dif­ capital formation.
Load more

Recommended publications
  • 1 a Review of the Record-Breaking Snow and Persistent Cold Of
    A Review of the Record-Breaking Snow and Persistent Cold of February and March 1960 Laurence G. Lee NOAA/National Weather Service Greer, SC 1. Introduction February and March 2010 marked the 50th anniversary of one of the most severe periods of winter weather on record in the western Carolinas and extreme northeast Georgia. Beginning in February 1960 a series of winter storms and a prolonged period of below normal temperatures disrupted commerce, schools, and life in general across the region. The severe winter weather was not confined to the southern Appalachians and nearby areas. The entire eastern United States was affected. According to narratives at the time (Ludlum 1960a,b), the month of March 1960 had more records for snow and cold in the eastern states than any previous March. March 1960 is still the coldest March on record at Asheville, Charlotte, and Greenville-Spartanburg. Figure 1 displays the departure of March 1960 average temperature from normal1. The total March 1960 snowfall distribution is in Fig. 2. The general nature of the snowfall map does not depict details and extremes in the southern Appalachians. Fig. 1. Departure of average temperature from normal for March 1960. (U.S. Department of Commerce, 1960d) 1 Normals in this document refer to the 30-year period from 1921 to 1950. 1 Fig 2. Monthly snowfall (top) percentage of mean monthly snowfall (bottom) for March 1960. (U.S. Department of Commerce, 1960d) Following December 1959 and January 1960 with near or slightly above normal temperatures in the Southeast, the flow pattern across North America changed abruptly to a configuration that favored cold weather for the eastern United States.
    [Show full text]
  • Organizational Behavior Program March 1962 PUBLICATIONS AND
    Organizational Behavior Program March 1962 PUBLICATIONS AND RESEARCH DOCUMENTS - 1960 and 1961 ANDREWS. F. 1904 1630 A Study of Company Sponsored Foundations. New York: Russell Sage Founda• tion, I960, 86 pp. 1844 (See Pelz 1844) Mr. Frank Andrews has contributed substantially to a series of reports con• cerning the performance of scientific and technical personnel. Since these reports constitute an integrated series, they are all listed and described together under the name of the principle author, Dr. Donald C. Pelz, p. 4. B1AKEL0CK, E. 1604 A new look at the new leisure. Administrative Science Quarterly, 1960, 4 (4), 446-467. 1620 (With Platz, A.) Productivity of American psychologists: Quantity versus quality. American Psychologist, 1960, 15 (5), 310-312. 1696 A Durkheimian approach to some temporal problems of leisure. Paper read at the Convention of the Society for the Study of Social Problems, August I960, New York, 16 pp., mimeo. BOWERS. D. 1690R (With Patchen, M.) Factors determining first-line supervision at the Dobeckmun Company, Report II, August 1960, 43 pp., mimeo. 1803R Tabulated agency responses: Northwestern Mutual Life Insurance Company. September 1961, 242 pp., mimeo. 1872 Some aspects of affiliative behavior in work groups. Unpublished doctoral dissertation, The University of Michigan, January 1962. 1847 Some aspects of affiliative behavior in work groups. .Abstract of doctoral dissertation, January 1962, 3 pp., mimeo. Study of life insurance agents and agencies: Methods. Report I, December 1961, 11 pp., mimeo. Insurance agents and agency management: Descriptive summary. Report II, December 1961, 41 pp.., typescript. Plus a few documents from 1962. NOTE: Some items have not been issued ISR publication numbers.
    [Show full text]
  • Summary of Floods Ir the United States During 1960
    Summary of Floods ir the United States During 1960 By J. O. ROSTVEDT FLOODS OF 1960 IN THE UNITED STATES GEOLOGICAL SURVEY WATER-SUPPLY PAPER 1790-B Prepared in cooperation with Federal, State, and local agencies CNITED STATES GOVERNMENT PRINTING OFFICE, WASHINGTON : 1965 UNITED STATES DEPARTMENT OF THE DTERIOR STEWART L. UDALL, Secretary GEOLOGICAL SURVEY Thomas B. Nolan, Director For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.G. 20402 - Price 45 cents (pap^r cover) CONTENTS Page Abstract___-_--_____-__-____---_--__-______-___-___.____________ Bl Introduction._____________________________________________________ 1 Determination of flood stages and discharges_________________________ 6 Explanation of data_________________-__-___________________-_____- 11 Summary of floods of 1960_____________________________________ 13 Floods of: February 8-10 in northern California._______________________ 13 March 7-9 in southern Idaho.______,____-__-__-_-_____-____ 18 March 17-April 5 in central Florida.________________________ 20 March-April in the Skunk River and lower Iowa River basins, Iowa_ _________________________________________________ 24 March 29-April 6 in southeastern Wisconsin and northeastern Illinois.----.-.-_____________________________-. 27 March-April in eastern Nebraska and adjacent areas._________ 30 March 30-April 6 in New York___-_-_____---_-__-_-_--__-__ 47 April 15^19 in west-central Missouri.________________________ 51 April and May in northern Wisconsin and Michigan Upper Peninsula. ___ ___________-_-______-__-_-_--___-_-_-_-_-__ 53 May 4-6 in northwestern Arkansas and east-central Oklahoma. _ 58 May 5-9 in southern Mississippi.___________________________ 60 May 6 in south-central Missouri.- __________________________ 64 May 19-22 in southwestern Arkansas and southeastern Okla­ homa.
    [Show full text]
  • The Ascendancy of the Secretary of Defense : Robert S. Mcnamara
    The Ascendancy of the Secretary ofJULY Defense 2013 The Ascendancy of the Secretary of Defense Robert S. McNamara 1961-1963 Special Study 4 Historical Office Office of the Secretary of Defense Cold War Foreign Policy Series • Special Study 4 The Ascendancy of the Secretary of Defense The Ascendancy of the Secretary of Defense Robert S. McNamara 1961-1963 Cover Photo: Secretary Robert S. McNamara, Gen. Maxwell D. Taylor, and President John F. Kennedy at the White House, January 1963 Source: Robert Knudson/John F. Kennedy Library, used with permission. Cover Design: OSD Graphics, Pentagon. Cold War Foreign Policy Series • Special Study 4 The Ascendancy of the Secretary of Defense The Ascendancy of the Secretary of Defense Robert S. McNamara 1961-1963 Special Study 4 Series Editors Erin R. Mahan, Ph.D. Chief Historian, Office of the Secretary of Defense Jeffrey A. Larsen, Ph.D. President, Larsen Consulting Group Historical Office Office of the Secretary of Defense July 2013 ii iii Cold War Foreign Policy Series • Special Study 4 The Ascendancy of the Secretary of Defense Contents This study was reviewed for declassification by the appropriate U.S. Government departments and agencies and cleared for release. The study is an official publication of the Office of the Secretary of Defense, Foreword..........................................vii but inasmuch as the text has not been considered by the Office of the Secretary of Defense, it must be construed as descriptive only and does Executive Summary...................................ix not constitute the official position of OSD on any subject. Restructuring the National Security Council ................2 Portions of this work may be quoted or reprinted without permission, provided that a standard source credit line in included.
    [Show full text]
  • Civil Rights During the Kennedy Administration, 1961-1963
    CIVIL RIGHTS DURING THE KENNEDY ADMINISTRATION, 1961-1963 Part 1: The White House Central Files and Staff Files and the President's Office Files UNIVERSITY PUBLICATIONS OF AMERICA BLACK STUDIES RESEARCH SOURCES: Microfilms from Major Archival and Manuscript Collections August Meier and Elliott Rudwick General Editors CIVIL RIGHTS DURING THE KENNEDY ADMINISTRATION, 1961-1963 Part 1: The White House Central Files and Staff Files and the President's Office Files CIVIL RIGHTS DURING THE KENNEDY ADMINISTRATION, 1961-1963 Part 1: The White House Central Files and Staff Files and the President's Office Files A collection from the holdings of The John F. Kennedy Library, Boston, Massachusetts Edited by Carl M. Brauer Associate Editor Robert Lester Guide Compiled by Martin Schipper A microfilm project of UNIVERSITY PUBLICATIONS OF AMERICA, INC. 44 North Market Street • Frederick, MD 21701 Library of Congress Cataloging-in-Publication Data Civil rights during the Kennedy administration, 1961-1963 [microform]. (Black studies research sources: microfilms from major archival and manuscript collections) Contents: pt. 1. The White House central files and staff files and the president's office files/ edited by Carl M. Brauer. 1. Civil rights—United States—History—Sources. 2. United States—Politics and government—1961-1963— Sources. 3. John F. Kennedy Library. I. Brauer, Carl M., 1946- . II. John F. Kennedy Library. [JC599] 323.4'0973 87-2061 ISBN 0-89093-900-4 (pt. 1) Copyright ® 1986 by University Publications of America, Inc. All rights reserved. ISBN
    [Show full text]
  • One Hundred Years Later: the Failure of the Civil War Centennial
    Cohen 1 Lena Cohen One Hundred Years Later: The Failure of the Civil War Centennial By viewing the Civil War through the lens of its centennial celebration, historians can better understand the war’s legacy. A hundred years after the Civil War, the nation was preoccupied with the Cold War and the Civil Rights Movement was at its height. A dedicated group of historians, businessmen, and politicians nevertheless insisted that the hundredth anniversary of America’s most influential conflict be commemorated. They lobbied for the creation of the U.S. Civil War Centennial Commission, which planned a myriad of centennial observances between 1961 and 1965. With a goal of unifying and inspiring Americans during the Cold War, the architects of the centennial envisioned a nationwide series of memorials, parades, battle reenactments, and special ceremonies.1 Though the centennial was initially met with public enthusiasm, it eventually became ensnared in controversy and never recovered its initial momentum. By its conclusion in 1965, the centennial was widely regarded as unsuccessful.2 One of the centennial’s most enduring impacts, the resurgence of the Confederate flag as an inflammatory political symbol, exacerbated racial tensions rather than strengthening national unity. Ever since the Civil War, many politicians and historians have framed the war as an event that unified the nation. However, the failure of the Civil War Centennial raises doubts about the extent of the unifying, reconciliatory legacy of the Civil War. In the midst of the Civil Rights Movement and Cold War, the flawed planning and goals of the Civil War Centennial led to its ultimate failure.
    [Show full text]
  • Record of Conversation with Minister of Foreign Affairs Raul Roa, 24 February 1961’
    Digital Archive digitalarchive.wilsoncenter.org International History Declassified March 22, 1961 From the Journal of S.M. Kudryaytsev, ‘Record of Conversation with Minister of Foreign Affairs Raul Roa, 24 February 1961’ Citation: “From the Journal of S.M. Kudryaytsev, ‘Record of Conversation with Minister of Foreign Affairs Raul Roa, 24 February 1961’,” March 22, 1961, History and Public Policy Program Digital Archive, AVP RF, F. 0104. Op. 17, P. 118, D. 3. ll. 94-97. Obtained by James G. Hershberg and translated by Gary Goldberg. https://digitalarchive.wilsoncenter.org/document/188122 Summary: Raul Roa discusses Cuba's response to the murder of Patrice Lumumba and events in the Congo. Roa states that Cuba will be sending notes on foreign policy to Latin American governments in an attempt to counter US diplomacy against Cuba and assert its status in the OAS and Latin America. Credits: This document was made possible with support from the Blavatnik Family Foundation. Original Language: Russian Contents: English Translation from the journal of S. M. KUDRYAVTSEV Top Secret. Copy Nº 1 22 March 1961 Nº 110 RECORD OF A CONVERSATION with Minister of Foreign Affairs Raul ROA 24 February 1961 Today I visited Raul Roa and held a conversation with him about the 14 February statement of the Soviet government in connection with the murder of Patrice Lumumba. I presented the content of our statement in detail and expressed the hope that the Cuban government would support the proposal of the Soviet government presented in this document. Raul Roa said in reply that the Cuban government, just like the Soviet government, was deeply offended by this crime and thinks that it cannot remain unpunished.
    [Show full text]
  • Charles De Gaulle at the National Press Club, April 23, 1960
    Charles de Gaulle at the National Press Club, April 23, 1960 Charles de Gaulle. Bundesarchiv, B 145 Bild-F015892-0010 / Wegmann, Ludwig / CC-BY-SA, CC BY-SA 3.0 de, https://commons.wikimedia.org/w/index.ph p?curid=6845791 French President Charles de Gaulle (1890-1970) arrived in Washington on Friday, April 22, 1960, for a State visit comprised primarily of talks with President Dwight D. Eisenhower to prepare for the upcoming Big Four summit planned for May in Paris, the first such meeting since World War II of leaders from the U.S., Great Britain, France, and the Soviet Union. General de Gaulle, leader of the Free French Forces resisting both the German occupation of France and the collaborationist Vichy government during the war, drew a warm welcome from Washingtonians that matched an equally enthusiastic embrace the people of Paris had given General Eisenhower, the supreme commander of Allied forces in western Europe during the liberation of France, on his State visit seven months earlier. De Gaulle wrote in his memoir, “All the way from the airport to Blair House I drove beside President Eisenhower to a deafening accompaniment of cheers, sirens and brass bands, amid a forest of banners and flags.” Area police estimated that 200,000 people—many of them government workers given an extended lunch hour—crowded the airport, bridge, and streets. De Gaulle remarked that the greeting, “clearly represented something fundamental.” The next morning, de Gaulle held “a vast press conference at the National Press Club,” he reported, “where most of the questions put to me concerned the 1 projected meeting of the Big Four.” The New York Times described his performance as “relaxed and informal.” On Sunday, de Gaulle flew with Eisenhower to the president’s farm in Gettysburg.
    [Show full text]
  • Country Term # of Terms Total Years on the Council Presidencies # Of
    Country Term # of Total Presidencies # of terms years on Presidencies the Council Elected Members Algeria 3 6 4 2004 - 2005 December 2004 1 1988 - 1989 May 1988, August 1989 2 1968 - 1969 July 1968 1 Angola 2 4 2 2015 – 2016 March 2016 1 2003 - 2004 November 2003 1 Argentina 9 18 15 2013 - 2014 August 2013, October 2014 2 2005 - 2006 January 2005, March 2006 2 1999 - 2000 February 2000 1 1994 - 1995 January 1995 1 1987 - 1988 March 1987, June 1988 2 1971 - 1972 March 1971, July 1972 2 1966 - 1967 January 1967 1 1959 - 1960 May 1959, April 1960 2 1948 - 1949 November 1948, November 1949 2 Australia 5 10 10 2013 - 2014 September 2013, November 2014 2 1985 - 1986 November 1985 1 1973 - 1974 October 1973, December 1974 2 1956 - 1957 June 1956, June 1957 2 1946 - 1947 February 1946, January 1947, December 1947 3 Austria 3 6 4 2009 - 2010 November 2009 1 1991 - 1992 March 1991, May 1992 2 1973 - 1974 November 1973 1 Azerbaijan 1 2 2 2012 - 2013 May 2012, October 2013 2 Bahrain 1 2 1 1998 - 1999 December 1998 1 Bangladesh 2 4 3 2000 - 2001 March 2000, June 2001 2 Country Term # of Total Presidencies # of terms years on Presidencies the Council 1979 - 1980 October 1979 1 Belarus1 1 2 1 1974 - 1975 January 1975 1 Belgium 5 10 11 2007 - 2008 June 2007, August 2008 2 1991 - 1992 April 1991, June 1992 2 1971 - 1972 April 1971, August 1972 2 1955 - 1956 July 1955, July 1956 2 1947 - 1948 February 1947, January 1948, December 1948 3 Benin 2 4 3 2004 - 2005 February 2005 1 1976 - 1977 March 1976, May 1977 2 Bolivia 3 6 7 2017 - 2018 June 2017, October
    [Show full text]
  • Analysis of the Lexington, Kentucky Housing Market
    728.1 :308 r22 ]966 L+rn6tot1 Ka W"lfi"e I l, I LEXINGTON, KENTUCKY HOUSING MARKET as of January I, 1966 A Report by the DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FED ERAt HOUSING ADMINISTRATION WASHINGTON, D. C.2O1I1 JUrY 1966 a ANALYSIS OF THE LEXINGTON KENTUCKY HOI]SING MARKET AS OF JANUARY I t966 FIELD MAR.KET ANALYSIS SERVICE FEDERAL HOUSING ADMINI STRATION DEPARTT"IENT OF HOUSING AND URBAN DEVELOPMM.IT Foreword As a publlc servlce to assist local houslng actlvitles through clearer understanding of local housing market conditions, FHA lnttiated publlcatlon of lts comprehenslve housing market analyeee early ln 1965. Wht[e each report ls deslgned speclfically for FHA use in administerlng lts mortgage lnsurance operations, 1t ls expected that the factual lnformatlon and the findings and concluslons of these reports wl1l be generally useful also to bullders, mortgagees, and others concerned with local housing problems and to others havlng an lnterest in local economlc con- dlttons and trends. Stnce market analysls 1s not an exact science the judgmental factor 1s lmportant tn the development of flndlngs and conclusions. There wlll, of course, be dlfferences of oplnlon ln the lnter- pretatlon of avallabl.e factual lnfornatton 1n determlning the absorptlve capaclty of the market and the requirements for maln- tenance of a reasonable balance ln deuand-supply relatlonshlps. The factual framework for each analysts 1s developed as thoroughly as posslble on the basis of inforrnatton avallable from both local and national sources. Unless speclflcally identifled by source reference, all estlmates and judgments ln the analygls are those of the authorlng analyst.
    [Show full text]
  • February One
    February One Documentary Film Study Guide By Rebecca Cerese & Diane Wright Available online at www.newsreel.org Film Synopsis Greensboro, North Carolina, was a fairly typical Southern city in the middle of the 20th Century. The city was certainly segregated, but city officials prided themselves on handling race relations with more civility than many other Southern cities. Ezell Blair, Jr. (who later changed his name to Jibreel Khazan) was the son of an early member of the NAACP, who introduced him to the idea of activism at an early age. Ezell attended segregated Dudley High School, where he befriended Franklin McCain. Franklin, raised in the more racially open city of Washington, DC, was angered by the segregation he encountered in Greensboro. Ezell and Franklin became fast friends with David Richmond, the most popular student at Dudley High. In 1958, Ezell and David heard Martin Luther King, Jr., speak at Bennett College in Greensboro. At the same time, the rapid spread of television was bringing images of oppression and conflict from around the world into their living rooms. Ezell was inspired by the non-violent movement for independence led by Mahatma Gandhi and chilled by the brutal murder of Emmett Till. In the fall of 1959, Ezell, Franklin, and David enrolled in Greensboro’s all-black college, North Carolina A&T State University. Ezell’s roommate was Joseph McNeil, an idealistic young man from New York City. Ezell, Franklin, David, and Joseph became a close-knit group and got together for nightly bull sessions in their dorm rooms. During this time they began to consider challenging the institution of segregation.
    [Show full text]
  • United Nations Treaty Series 1964
    326 United Nations Treaty Series 1964 No. 4173. CONVENTION RELATING TO CIVIL PROCEDURE. DONE AT THE HAGUE, ON 1 MARCH 19541 RATIFICATIONS and ACCESSIONS (a) Instruments deposited with the Government of the Netherlands on the dates indicated: Date of Date of entry State deposit into force BELGIUM ......... 24 April 1958 23 June 1958 NORWAY ......... 21 May . 1958 20 July 1958 DENMARK* ........ 19 September 1958 18 December 1958 FRANCE ......... 23 April 1959 22 June 1959 NETHERLANDS (for the King dom in Europe)** ... 28 April 1959 27 June 1959 FEDERAL REPUBLIC OF GERMANY (also for Land Berlin) . 2 November 1959 1 January 1960 SPAIN .......... 20 September 1961 19 December 1961 YUGOSLAVIA (a) ...... 12 October 1962 11 December 1962 POLAND (a) ........ 12 January 1963 13 March 1963 APPLICATION to the following territories : (a) The Islands of Saint Pierre and Miquelon, the French Coast of Somaliland, New Caledonia and Dependencies, French Polynesia. (o) The Algerian departments, Guadeloupe, Martinique, Guiana, R union, (c) The Sahara departments of the Oases and Saoura. Notices of intention to apply the Convention to the above-mentioned territories were given by France to the Government of the Netherlands, as follows : * On 20 November 1958, the Danish Embassy at The Hague made the following communica-© tion to the Netherlands Ministry of Foreign Affairs : [Translation Traduction] The Danish Government wishes to avail itself of the right stipu lated in articles 6 and 15 of the Convention relating to Civil Procedure, concluded at The Hague on 1 March 1954, and to object to the application in Denmark of the procedures referred to in No.
    [Show full text]