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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 05, 1958
Page
4
A Bible thought quotes Isaiah 40 31 about waiting on the Lord renewing strength and mounting up as eagles. A renowned heart specialist notes a heart patient’s rapid recovery and says men who walk with God make quick recoveries.
Federal district judge Sterling Hutcheson set September 1965 as a tentative date for desegregation in Prince Edward County Virginia, granting a seven year delay to ease pace. The ruling cites Arkansas lessons and urges widening understanding and cooperation during the interval.
The Federal Reserve raises margin requirements on stock purchases from 50 to 70 percent to curb inflationary pressure as stock prices surge toward record highs. Analysts warn of a wage price spiral and mounting speculation while debt fears and a cautious market outlook signal tighter money and credit flows ahead.
Secretary of State John Foster Dulles arrives in Brazil for a two day trip as the Administration signals concern over deteriorating inter American relations. The visit follows violence during Nixon tours and comes after Brazil President Kubitschek urged a joint review of hemisphere policy.
The article traces U S Brazil relations highlighting Dulles Kubitschek talks and a possible hemispheric summit. It notes Brazil's strong U S ties since World Wars and the Rio Treaty while detailing inflation, urban rural misery, and overproduction of coffee. It cites U S aid figures and credits as context for ongoing economic needs.
The piece critiques American Friends Service Committee's Lebanon critique and outlines three US paths since 1945, favoring allied action to deter Soviet imperialism. It highlights the basic issues of Soviet conquest, a rising Arab Third Power under Nasser, and global inflation eroding middle class stability. It contrasts pacifism with indirect aggression fears under UN limits and cites Arthur Henderson on new warfare methods.
Emory University hosted Major General Capus M. Waynick who urged a reexamination of the U S political system. He warned of political illiteracy weakening democracy and called for more citizen effort to understand and influence government while defending the two party framework.
Heinz Rollman, a Waynesville shoe maker, challenges North Carolina election law as David M. Hall replaces George A. Shuford on the general election ballot. Rollman warns of a write in bid while observers doubt he can win amid pledges to support party nominees and fears of voter backlash benefiting Harold Sams.
In a rare midterm battle, candidates for Speaker Addison Hewlett and Carl Venters compete with Sen. Robert Morgan and Sen. C. V. Henkel for President pro tem amid Governor Hodges neutrality. Administration backing splits lawmakers, signaling unprecedented gubernatorial influence at this stage of the campaign.
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