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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 06, 1969
Page
2
Thelen report notes President Nixon plans a welfare minimum proposal in a fiscal policy push. The move aims to set a national floor for welfare assistance, with details anticipated from his administration and Congress. Deals, financing, and potential impact on state programs are under discussion.
A report cites a hijacking attempt linked to a 32 year old convict diverted a jetliner toward Cuba and a suspect in a robbery case. The piece also contains regional weather forecasts for North Carolina South Carolina Virginia and Georgia with temperatures and precipitation expectations through the weekend. Jefferson Pilot Corporation declares a quarterly dividend of 20 cents per share payable Sept 5 to stockholders of record Aug 15. President Nixon to propose a national welfare standard and new work subsidies in a forthcoming address.
President Nixon plans a federally financed welfare overhaul that would guarantee a monthly minimum income for families, estimate a $1500 annual per family across the nation, and introduce work incentives. The proposal envisions a $500 monthly minimum for adult welfare programs, a shift toward income maintenance, job training bonuses, and state funding adjustments.
Dr John Foster Jr Pentagon chief scientist confirms for the first time to a congressional panel that the A3 missile carries more than one warhead. He explains MIRV differs from MRV by enabling multiple reentry vehicles to hit targets separated by vast distances, a step toward penetrating Soviet defenses and countering missiles with dummy warheads.
NC highway commission chairman says a recent enlargement and reorganization will cause only a very slight change in fund distribution. The commission expanded to 14 divisions with groups of 20 cents per share dividend payable Oct 1, while the old division-wide method remains for primary road funds. Trails of authority cite Gov. Bob Scott's request and Laun Faircloth comments in a Tuesday interview.
The highway chief said road funds will be distributed area wide by commissioners. Mileage remains the major factor, with some money reserved for statewide needs. He argued against focusing on district boundaries and hoped area assignments improve overall road funding.
The report notes this marks the 69th consecutive regular quarterly dividend paid by the firm, highlighting a sustained earnings policy and steady shareholder returns through the period.
Cuban exiles crowded into Miami's Little Havana as lights failed after a routine power loss at a generating plant five miles north. A nurse delivered a baby by flashlight at 7 03 p m as residents recalled Bay of Pigs era blackouts and bar patrons stayed put waiting for power to return.
Executive branch sources in Canada report the President will outline welfare change extent and cost in a national broadcast. Officials expect the speech to detail funding, eligibility adjustments, and impact across programs.
A 75 year old man attempted to hijack an Eastern Airlines jet shortly after takeoff from Douglas Municipal Airport in Charlotte. FBI identified John Scott McCreery of Philadelphia as the suspect. He told the pilot to fly to Cuba, but fuel limits prevented the trip. he waited until landing in Tampa and was arrested by the FBI.
The plan would tighten for oil industry credits, limit depreciation for real estate, repeal business equipment investment tax credit, curb large appreciated-property donations and farm loss offsets. Benefits include a 2 million family relief, broad rate cuts for 1971 72, surviving spouse and mature single person supports, and a 30 percent earned income limit for high earners.
Warren and Susan Huppi, a Portland tree surgeon and his wife, delivered their baby at home to avoid the hospital assembly line. They prepared their log home, sterilized the room, and named daughter Melissa born in the four poster bed. They plan to use savings of about 375 dollars for Portland Community College tuition and previously enrolled with their older son Tom in a swapping schedule to attend classes.
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