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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 05, 1933
Page
4
An 1983 excerpt presents biblical verse Psalm 69 14 urging deliverance from foes and deep waters. It sidebars a Besi quote about troubles being tools shaping a good man s fortune, suggesting moral reflection.
The Cone family of Greensboro, builders of a major textile empire, will guarantee all deposits in the Textile Bank and its successor the Textile branch of North Carolina Bank and Trust Company. The move honors Caesar Cone and aids hundreds of mill workers who trusted their savings, with no legal liability and uncertain cost.
Mexican Foreign Minister Puig Casaurano responds to critics of Josephus Daniels appointment as ambassador to Mexico. He argues Mexican government seeks to correct the impression that the United States issued a severe warning. He commends the polite, direct reply as aimed at clear understanding.
The United States state department notes President Roosevelt’s trust in Daniels, describing him as an old and faithful friend and a national figure whose selection signals the administration’s strong interest in maintaining excellent ties with Mexico. The communication, dated March 11, affirms intent despite local government suspicions.
The Greensboro Record enumerates Roosevelt's first month actions including cutting federal expenses by 600 million, creating a civilian conservation corps for 250 000 jobs, bank control, beer legalization, farm price aims, 500 million for unemployment relief, and securities regulation proposals. It also lists future aims such as mortgage refinancing, railroad reorganization, stricter stock exchange rules, a large public works bond program, banking regulation, and development of the Tennessee valley including Muscle Shoals power plant.
The author reflects on the end of an era driven by the promoter who built vast firms from smaller ones. A proposed shift would place all security issues under federal regulation, signaling a major change in financial and industrial governance.
The piece contrasts promoters as pirates in old times with a view of their essential but contentious role in industrial growth. It questions how such figures would survive under modern security testing and market regulation regimes, suggesting tension between innovation and oversight.
The speaker notes that founders built vast profits by shadowy stock schemes during rapid expansion. With the era ended, many firms carried excess water in early stages and later drained it. The new security marketing bill acknowledges this shift and curbs such practices.
Senators and congressmen push for a sweeping inquiry into banking practices across the country. Leaders insist the immediate need is to reopen banks and thaw frozen deposits while avoiding distractions. The piece notes a cautious call for public scrutiny of prior banking actions and cites optimism about recent U.S. economic momentum and praise from British observers.
The quotation contrasts Fosdick’s view of urging virtue as futile with the observation that many professional reformers have turned morality efforts into profitable work and business.
An inventor asserts a machine can determine whether a person in a photograph is alive or dead. He predicts broad use would force politicians to remove campaign images after elections to avoid misrepresentation.
A bargain sale scene centers on a man carrying a stack of bundles for his wife as shoppers hunt for discounts. The image captures a practical, hurried moment among shoppers at a busy event.
In Ber wind West Virginia a beer bung boom drives new business as buyers invest in bigger bungs. The expansion brings relief to strained banks and signals a brighter local economy amid ongoing market pressures.
A market tip warns of a forthcoming downturn in the prices of capping machines funnels small rubber hose and crockery containers. The advisory suggests buyers watch for lower costs and adjust purchasing plans accordingly.
Report highlights Verhoyvansk as the coldest place on earth with temperatures around 96 below, noting the extreme conditions and difficulty of pronunciation.
The Enterprise publishes a letter by R B Gantt president Southland Of Co Inc arguing gasoline taxes and a proposed sales tax burden motorists. He calls current taxes steep and says new taxes would double the price of gas and hit auto owners hardest. He urges readers to contact General Assembly members immediately. On a clear day an aviator can sight 150 miles.
The estimate places annual spending on medicines and drugs at about 700 million dollars in the United States. This reflects broad consumer health costs across diverse drug categories and providers.
The North Carolina General Assembly moves toward quick approval of Rep. Massenburg's beer and wine manufacturing bill. Supporters cite job creation and industry growth, with breweries and bottle plants possible and revenue projected up to 1.5 million dollars while parts of the state could gain from viticulture expansion.
Mrs Calvin Coolidge widow of the former president is the guest of Mrs Florence Barnard Adams at a country estate on White Oak mountain six miles from Tryon. They arrived from Northampton and are longtime friends, marking a return visit to western North Carolina.
The enormous penknife weighs 42 pounds and bears 1851 brades, touted as the largest ever made. It carries a value exceeding $7,500.
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