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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 03, 1932
Page
4
A compact reflection contrasts Psalms 49 20 with Emerson on honor and fortune. It notes that awareness of the great and sense of high causes shape a person who appreciates lasting values.
Ex servicemen near Washington seeking adjusted compensation certificates are ill-advised as Congress is not in session. The piece condemns mob tactics by veterans and urges humane, lawful handling, stressing disease risks, ongoing economic distress, and the need to settle bonus claims by 1945 under terms of the government.
The new Home Loan Bank act creates district banks with capital minimums and broad eligibility for building and loan associations, savings and loan groups, and related firms. Each bank lends up to 60 percent of mortgage principal, 40 percent of property value, with 15 year maximum, and six months past due payments disqualify. Bonds backing the loans will bear 5.5 percent for seven years, then 5 percent, issued to raise long-term funds and exempt from many taxes. North Carolina seeks a district bank and enabling state laws to participate.
A High Point column presents a church Sunday vignette at English Street M P Church with overalls worn by all age groups and an old time hymn revival. The piece also recounts a boy named Robert Driscoll who camps and sleeps by a riverside, illustrating adventurous youth. The page notes the Niobe disaster and German navy seafaring training beliefs, then argues for the 20th Amendment and a wry remark on hog economics and Chicago news.
The author argues that God’s foreknowledge and sovereign counsel determine all events from creation. Enduring themes include divine election, the salvation of believers through Christ, and the perfect foreknowledge of good and evil, with human works valued but not determining justification before God. THOMAS W. KIMSEY.
Editor notes the 1932 revenue law imposes a 10 percent sales tax on firearms and ammunition, fishing gear, and a per year use tax on boats over 28 feet. It details license tiers from 10 to 200 dollars and estimates a combined tax yield of about 2 million dollars, with exemptions for pistols and revolvers.
A Chicago note reports grand opera considering a pay your own way system. The idea would set a two dollar top price and assign high priced artists a share of receipts to offset low salaries from prior years.
The Smithsonian found two Eskimos living on fish and game had no tooth decay. At home on white man’s diet nine of ten Eskimos had decayed teeth, showing diet affects dental health.
Anna Kriochik foiled a car holdup by hiding her diamond ring under a seat cushion as the attackers demanded valuables. The robbers forced her and an escort from the vehicle and drove away with the car, unaware the ring remained concealed.
In Lassen National Park California millions of orange butterflies swarm over roads delaying motorists and covering vehicles with a blanket of insects. The migratory event creates traffic jams as the insects obscure views and clog radiators.
In New York at the Coliseum San der Szabo drew Sid Westrich and Bull Komar defeated Tony Felice. Jerry Monahan beat Bill Middelhauf while Bjorn in Florida defeated Lithuanian opponent.
Chuck Klein of the Phillies clouted his 31st homer and added two singles driving in four runs in yesterday's game against Pittsburgh.
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