July 12, 1962 (vol. 72, iss. 12) • Page Image 1
…FACULTY TEST APPORTIONMENT :Yl r e Lil fet- Yi a Seventy-One Years of Editorial Freedom 43atl]g See Page 2 COOLER Low-60-64 High-78-82 Humid with some chance of showers. VOL. LXXII, No. 12-S ANN ARBOR, MICHIGAN, THURSDAY JULY 12, 1962 SEVEN CENTS FOUR PAGES Senate Unit Rejects Business Tax Clause Kennedy Announces Depreciation Relief, but Loses on Investment By The Associated Press WASHINGTON-Shortly after President John F. Kennedy an-...…