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June 8, 1962

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Headlines from June 8, 1962

TOBIN CONVICTION IN HOUSE INQUIRY UPSET ON APPEAL; Hearings on Port Authority Too Broad, 3 Judges Rule Contempt Case Scored

By Anthony Lewis Special To the New York Times

US Appeals Ct unanimously reverses Tobin contempf-of-Cong conviction, rules HR (Celler) subcom exceeded authorization in subpoenaing documents related to internal operations; rules on authorization narrowly to avoid const issues; asks Cong, if it pursues probe, to find method other than contempt prosecution; Celler criticizes ruling; urges Govt seek US Sup Ct rev; Govs Rockefeller and Hughes, Auth chmn Colt hail decision

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KENNEDY PLEDGES TO PUSH TAX CUTS EFFECTIVE JAN. 1; Would Slash Both Personal and Corporate Levies Bars Reduction Now SENATE PANEL PRODDED President Urges Appropriate Moves to Make Certain Recovery Is Strong

By Richard E. Mooney Special To the New York Times

Kennedy to ask Cong in '63 to enact 'across-bd' personal and corp tax cuts as of Jan 1, news conf; statement seen aimed at ending speculation on whether Adm will seek '62 cut to spur econ and at prodding Sen com to act on '62 bill; Kennedy notes Cong has had bill over yr, urges early passage so that econ can benefit from investment credit plan; justifies plan for '63 tax cut; indicates cuts will exceed proposals to close loopholes

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Historical Context for June 8, 1962

In 1962, the world population was approximately 3,123,374,315 people[โ€ ]