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Philip Morris

President Views Economic Rise As Aid to Stocks

Date: 19620524/P
Length: 1 page
1003537697
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JOHN-WARE,JUDY/SHB FILE ROOM
Type
NEWS, NEWSPAPER ARTICLE
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1003537539/1003537961/620000 TI and TIRC Editorial Comments Informational Memorandum Releases
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EXTR, EXTRA
ILLE, ILLEGIBLE
Site
R22
Master ID
1003537539/7961

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Author (Organization)
Wall Street Journal
Named Person
Kennedy
Request
Stmn/R1-037
Litigation
Stmn/Produced
Date Loaded
24 May 1999
UCSF Legacy ID
aqb91a00

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Page 1: aqb91a00
1 V lbAr~'- THE Dmorr ms 13 Detroit, Michigan May 2k, 1962 President Ducks c WAIyL ~ STFtEET JOURNAL New York, New York May 24,. 1962 10 ~_ ~`~ 3.~ I. 1l n President ~.~~ie~?v (~ I~ s ,Economic, Ryise As Aid to Stocks He Says U.S. Is Examii~iil'g European Budget Policies, May Cha.nge Its Programs . Smoking Issue Sidestepped C By OWALL STREET JOURNAL Stflff 'Ti c//ortert' W~,,iRFITN,,GTnIIf - PFesidqjqt Kenned~ said f1L.d ..at_.ng •se_ iriL;. . or .,ei..ils sec "soL:y on page 3'2• ] The President provoked a laugh by side+ ateppi.ng, a question about, the Administration's views on cigaret smoking as a cause of lung cancer. Mindful that publicity about cancer char$esVlas depressed' prices of tobacco com- Paay stock lately, the President replied I: "That snatter ls sensitive enough, and the stock mar- ket is in sufficient difficulty, without my gtving you an answer" not based on complete information. But, he added he would "be glad"' to take up the question in more detail at next week's conference. Mr. Kennedy also touched on several eco- fr •findi- prp+-cts - -4~r vuay wi • n 1 yh.. ' . LN~ WALL STREET JOURNAL New York, New York May 24, 1 62 1 (~0353`Alq f' , SIpQCia /'t" TFiZ RALL STR!EETJOt'RNA[r WASXIN6T011t-Followis:g ie the ti•nn• script of President Kennedy's news con- Jererece yfsterrlay' .r. ty et , 4o }~~tfti<~ ~qd't~ ~ rath sls a fight~ whicty+sned fieat but nnt too much light on the matters which. are di- rectly before us. Cigarets and Cancer Q-Mr. President, there Is another health problem that seems to be causing growing, concern here and abroad and I think this Is largely being provoked by a series of inde- pendent scientific investigat'ions; which have concluded that cigaret smoking and certain types of, cancer and heartt disease havp a causal connection. I have two questions. Do you, and your health advisers agree or disagree with these findiugs, and secondly, what If anything, should or can the Federal Government do in the circumstances? THE' PRESIDENT: That matter Is sensi- tive enough and the stock market is In suf_t ficient difficulty to prevent my giving you an a!nswer which Is not based on complete in- formation., which I don't have andi therefore, perhaps I would be glad to respondi to that question in more detaii' next' week. 2.J%j %-J' SJ13 %f 697.0 Smoking Question W'ASHIIidGT0Ii7, May 24.- (AP) - President Kennedyy drew a laugh at his news conference when he ducked a question on whether he and his advisers agree with some scientists that cigarets cause cancer. "This matter is sensitive enough," he said w i't h a broad smile, "and the stock market is in sufficient diffi- culty." The President added' he doesn't have complete enough information to at- tempt an answer and sug- gested' he might try to an- swer such a•question at his next news conference. HERALD TRIBUNE New York, Ne'w' York May 2i+, 1962 Snzokif~a? No Kennedy yieTrs' Prom the Herald Tribune Bureau WASPI'LNIGTON:. President Kerinedy re- Pr::ed at' his uress confer- Fence S-est'erday to be drawn inu, a discussion whether there is "a causal connec- tion" between certain tvues of cancer diseasp and smolci e g. and ileartt cigarette "Ttlat matter is sensitive etlnugh, and tlhe stock nSariieE is Ltl sufficient lttfllcuily. =w prevent m'y' xn answer which i5. r;ot. based on complete rntormation, which I don't haxr.- Afr. Kennedy told & 9ue~t:uraen. However, he m:xta have more informa- t•iot;. he added, if asked att his nR xt: meeting with, re- lxlr,etic. ' ]tiLr. Kennedy !toeqil't smoke cigarettes !)u; hp ,; a cigaa• smok,er •AS1ITNC"l'D'D-RISSxDTNT DSAiDEDY DECLINED TODAY T0, SAY VICTRES I1T' AND fIS IMDtcAL. AD9ISEB& FZEL TNEYE Is' ANY cASQAL Yrl-0if'' t'Imt'DC'J CTION' BLTWM cZG'/1J=Z lSNCriCIlIC AND sDNt F8Rl5 OF cAt1ICE~ AllW tZART nIStASa. IM REPLY Y0 A QQZSTI8i1 AT UD MM CCN[FtREMCtr KENNEDY SAID TlTS IS A SENStTITt 1!A'ZTM AND A11 ANSWER aY AIN NtiGDT RAVt Alli IRPA6Z' 0N! TNE' " TCCR MA=--fiDICX RS SAID IS IN tD10Ui DTFF'ICU3.TY Nu• TDS' C1Rt'1T =ZLCUTt'Y8 SUrGGESTED TxAT THE QYZltTTU N4'DT Dt ANSVE= AT 1[Z'3 M1CZT QEYS =Wzu=. DrlJ~-•p~dPEn

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