12:02 - 1:00 p.m.
Meeting with Prime Minister Einar Gerhardsen of Norway
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President Kennedy addresses the Commerce Committee for the Alliance for Progress in ceremonies in the White House Rose Garden.
President Kennedy holds his thirty-second news conference during which he denies reports that he will drop Vice President Lyndon Johnson from the ticket for the 1964 Presidential campaign. He expresses his dissatisfaction with the Laotian government's refusal to negotiate a settlement in the civil war. The President accuses banks and savings and loan associations of misinforming the public about legislation he submitted to the Congress to withhold taxes on dividends and interest. He also responds to the accusation that he had said "My father always told me that all businessmen were sons-of-bitches, but I never believed it till now!" The President says his father confined the statement "to steel men."