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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 30, 1971
Page
3
Randall B. Terry appointed treasurer and Brown named acting editor at the State Office of Education with duties extending to oversight and publication decisions. The changes reflect staff realignment aimed at streamlining operations and guiding upcoming reporting priorities. Brown will supervise editorial content while Terry manages financial and administrative functions.
Governor study commission on automobile liability insurance outlines bold shifts toward a file and use rate system, severing compulsory liability and state rate setting. Proposals include expanding Insurance Commissioner staff and regional offices to improve consumer complaints handling, with full legislative debate expected in 1973.
Hubert H. Humphrey, senator from Minnesota and former vice president, moves to rebuild liberal support for a second White House run. Polls show him at 39 percent against Kennedy's 54 and Muskie's 68 as he weighs a decision, avoiding a campaign machine until next year.
A historical overview notes Nixon’s fiscal 1972 White House staff rises to 540 permanent positions, doubling 1970 levels, and traces staffing trends from Washington’s era to the Brownlow Committee’s push for a separate presidential staff, including NSC growth concerns and budget shifts.
Washington officials grow anxious about Saigon limits as U.S. spies monitor Thien messages. NSA decodes gamima controlled items and shares Gout intercepts with the White House State Department Defense and CIA. Code machines provided to South Vietnam raise questions about intelligence reach and timing stamps.
Damning excerpts from surreptitious tapes show Wall Street luminaries accusing the New York Stock Exchange of favoring big brokerages over small investors. Cy Baker, a former broker turned taxi driver, collected evidence for an $8 million lawsuit alleging blacklist without a hearing and other improper actions.
Sid Cohn claims the Stock Exchange operates like a star chamber and that some firms avoid charges, while Charles McGuire and Malcolm Babbin criticize political influences. Baker aims to portray the exchange as a regulator lacking federal safeguards. Separate note: GIs report mass overseas parcel losses prompting a Pacific investigation and new guidelines reducing losses.
The piece notes Howard Pancoast's selection to preside over Carolinas United, succeeding Ceasar Cone, with his wife to attend naturalization ceremonies in Norfolk, Va. It also covers his prior Bryant Electric leadership, David Pancoast's teaching move to NC State, and planned reunion at the University of Delaware. Colonel Thomas B. Smith visits, and Rosalyn Abravaya heads to New York for furniture markets.
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