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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 01, 1969
Page
2
The AP reports in New York that as U S Pakistan talks lag, President Nixon arrives in Pakistan for talks with Yahya Khan while U S stocks fluctuated. Markets showed early gains amid hopes for improved Asian cooperation and development projects, with analysts noting mixed investment signals and tax policy debates in Washington.
A SurTAX decision impacts a large number of workers as plans for wage adjustments and job obligations are discussed. Officials confirm broader effects on payroll policies and employee timelines, with further details expected in upcoming briefs.
US ambassador Kenneth Keating quoted President Nixon in New Delhi saying the United States will not isolate China nor form military pacts with the Soviet Union. Keating reported India’s concern over a possible full U.S. Viet Nam withdrawal and noted no formal alliance with the big powers was discussed though India may welcome regional accords.
Greensboro North Carolina lenders show June mortgage activity with $44.55 million in loans from savings and loan associations and a $28.9 million net inflow. The loans are 13 percent higher than June 1968, nearing the June 1964 record, while inflows fall short of last year’s level.
U S Steel Corp raises prices by 4.8 percent affecting about half of the industry's tonnage. Agnew says its rollback decision awaits Nixon's return, labeling the move another inflation measure the administration dislikes. The rise is expected to ripple into car, appliance, and consumer goods prices.
In a telecast Kennedy said he regarded as indefensible not reporting the accident to police immediately. He cited emotion grief fear doubt torture panic confusion and exhaustion after leaping into the water and swimming across the channel to help. His companions Paul Markham and Paul Gargan reportedly offered no chance to dissuade him.
CHARLOTTE AP A strike over three days as sanitation workers reject a city proposal on grievance procedures location policy and pay. Union leaders note no agreement was reached over nondiscrimination safety and dues collection while workers face possible resumption of strike after Monday. The city tentatively offers 18 hours overtime to offset lost pay if the walkout ends.
Ted Kennedy faced questions about delay in reporting an incident but stood with Mansfield during a day that saw Democrats win critical votes. Kennedy steered party lines to defeat extending the Nixon surtax to a full year, securing a six month extension and aligning tax reform with broader fiscal goals. After voting, Kennedy toured Senate offices and discussed deployments while aides praised the day as a happy milestone for the party.
Winston-Salem AP reports the National Mediation Board called a 10:30 a.m. meeting in Washington to settle the 11 day Piedmont Airlines pilots strike under the Railway Labor Act. Both sides expressed receptiveness though no compromise announced. The dispute centers on reducing flight crews on Boeing 737 jets from three to two men.
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