Show Deficit Preferred To Recession WASHINGTON President J his news conference 1 today that the American and personally are con-I Led about the size of the budget I deficit and the national I I am most concerned I is preventing another re- 1 President I He said that unless there is a tax I he believes there is a I u threat of increased I oat increases the chances 1 for a and an even higher jl II J CAPE CANAVERAL U. S. ij scientists shot a com- satellite named J into space today and then lost Twelve hours indications i were that either in I the wrong place in space in I the right place but just wasn't an-I swing any I Technicians repeatedly fired I signals at the satellite or at the I spot where they thought it should I They got no I The complex little got I to successful start at I w. EST when a three-stage Delta I rocket lifted into It was the I loth space success in a row the I The Labor Parly Thursday elected Harold an advocate of a close with the United as its leader and standard bearer in the coming elections against Prime Minister Harold MacMillan's Con-I Wilson old Labor For-P Affairs defeated George contest succeed 2 who died last The vote was to |