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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 23, 1957
Page
3
A short meditation notes that beasts lie in wait at water to trap prey and hinder thirst, then contrasts this with Christian democracies lacking guardians to guard a pursuit of God, urging gratitude for the search itself.
The piece surveys state budgeting revealing total budgets around 25.5 billion, with off balance sheet arrangements via authorities and commissions. Georgia and Pennsylvania push construction costs through building authorities, renting projects from state-backed entities, while Virginia shows sharp growth. The author argues true costs hide in these practices, masking the real fiscal burden.
Treasury Secretary Humphrey and Senator John J. Williams clash over a $1,508.26 office-stationery surplus. Williams faces tax on keeping the funds or gift tax if given to the Treasury, with a contingency fund holding the money until withdrawal. Waste charges and possible broader tax-cut implications are raised.
Editorial notes many large firms post rising first-quarter sales with shrinking profits. It cites Federal Reserve data showing profit margins slipping from about 8 percent in late 1955 to under 6 percent in 1956, despite sales gains. The piece cites high taxes and cites Union Carbide as example of record Q1 sales with profit drop.
The executive vice president notes rising labor and material costs outpacing prices in many sectors. U S Rubber reports a 11 percent drop in first quarter earnings. Despite slumping profits in several industries, the 1956 stockholder dividend cushion remains healthy with 12 billion paid and 9.5 billion undistributed. In March seven major firms cut dividends while 17 maintained them.
George Sokolsky argues against heavy taxes and explains how government padding, unexpended surpluses, and multi year projects inflate spending. He presents a Rockland Maine reader proposing taxation by ability to pay and critiques withholding tax, noting taxes are a first lien on earnings.
A North Carolina businessman urges using church annex classrooms for public schooling to save money. He notes 59 rooms in his Piedmont church could serve 500 to 600 Sunday pupils and suggests partial day use for public classes, special programs, and emergency education while preserving sacred spaces.
Charles Pearson discusses school segregation, parochial vs public schooling, and the use of church facilities for public classrooms to save taxpayer money. He reports Rep. Carroll Holmes steering local bills into statewide acts, noting many measures lack statewide scope and some remove counties from trash dumping exemptions and alter salary laws.
A collage of trivia and quips notes 1956 meat consumption per capita at 163.5 pounds and a banking boom with three trillion dollars in checks. It includes a Poplar Daily Leader printed breading on popcorn jars, then a British Kinsey-like study, jokes about a patient and a stamp, and reflections on paper clothes, Pullman car names, taxes and sinatra gossip, plus reflections on legislation and local government.
The High Point Enterprise lists subscription rates by mail and carrier with annual prices. It notes the paper is a member of the Associated Press and announces management details and mailing information.
The ACEJ program, under the American Council on Education, has accredited Columbia and Stanford and hopes UNC Chapel Hill, under Dr Norvel Neil Luxon, will join soon. The goal is to boost journalism training by channeling bright students into stronger programs as better schools contribute.
The article notes Billy Graham's six week crusade opening May 15 at Madison Square Garden and discusses New York’s readiness for revival. It contrasts with London and calls Easter church crowds a sign of need for religious awareness in the metropolis. It also highlights Edwin G. Robinson's acclaimed stage work and recent personal troubles.
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