Word: hellers
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...humming at a record $67 billion-a-year rate, and that ought to make everyone close to the building business happy. But it doesn't. There is open concern- expressed by Federal Reserve Board Chairman William McChesney Martin Jr. and chief Presidential Economist Walter Heller, among others- that the long postwar building boom may be coming to a pause. In the past two years, builders have put up twice as many apartments as they did the previous two years, and there has also been a marked rise in the number of office buildings, motels and shopping centers...
...Born. To Heller Halliday Weir, 22, Mary Martin's daughter, who played with mother in Peter Pan, and Anthony Weir, 28, Madison Avenue ad man: their first child, a boy, and Mary's third grandchild; in Manhattan...
...Walter W. Heller, chairman, President's Council of Economic Advisers...
...raise bill-and put the request, as usual, in terms that any businessman could understand. "The middle level positions," said Johnson, "pay less than half the comparable scales of business and industry." Then he drove the point home by announcing that "one of the great economic advisers"-Walter Heller-was planning to quit the Government because his fixed salary ($20,500) could not properly support his family...
...lower taxes, American business does not need higher price levels to assure continued growth and profits." Later in the week, he suggested that businessmen might even cut prices in some fields, "to give us," as he put it, "the best mousetrap at the lowest price." Chief Economic Adviser Walter Heller repeated the President's warning against price rises, urged labor leaders to avoid asking for excessive wage demands if they "do not want the blame for restarting a wage-price spiral." He also repeated his prediction that G.N.P. will hit $623 billion for all 1964, adding that most economists...