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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 12, 1965
Page
3
Editorial weighs Raleigh pressure politics money and autonomy clouding academic integrity at Chapel Hill. It argues the Speaker Ban Law endangers accreditation and federal funding while acknowledging campus clashes seen nationwide.
The piece reflects on two local tragedies the unsolved death of Mrs J N McCrary and the accidental electrocution of Mrs Dalton Blake, urging caution with electrical devices and home safety. It praises University of North Carolina for responsibility and criticizes calls to curb academic freedom while supporting honest education and free expression amid the Speaker Ban Law controversy.
The House Banking and Currency Committee opens hearings Wednesday on a Senate passed bank merger bill. It would guard five large mergers amid prior DOJ litigation and broad antitrust implications. Supporters say it clears uncertainty from mergers since 1950 2200 banks with assets over 15 billion dollars. Opposed by Wright Patman who seeks a square deal though 26 of 113 committee members request hearings.
Budget director Charles Schultze will prepare high medium and low civilian budgets for December to hedge Viet Nam spending uncertainties. A new tax cut is deemed unlikely next year as Johnson weighs political risks amid South East Asia fighting.
AP News Analyst James Marlow Bly reports President Johnson must craft a graceful solution to quiet Republican critics and preserve U.S. standing as Russia with eight Communist states refuses to pay their UN peacekeeping dues. The dispute threatens to weaken the United Nations amid Viet Nam concerns. The background centers on Security Council dynamics and a possible U.S. backdown.
The text explains that the United Nations faced a veto risk from Johnson on Spot and Nationalist China, and that the U.S. favored empowering the General Assembly to act against future aggressors without a veto. Russia and the Soviet Bloc dissented, and the assembly later voted to send peace actions.
Notes on 1960 UN peacekeeping costs show France and Russia opposing Congo and Middle East missions. Russia and France challenge the assembly while the US under Johnson presses for payment enforcement. A compromise seems needed before Monday to avoid undermining the United Nations. The St Nation committee reviews dues on Monday.
Dr. C A McGregor analyzes North Carolina hosiery manufacturing concluding the state remains the national center with expanding capacity and improved demand. He notes stabilized prices, reduced production swings, and stronger retail and promotional trends boosting potential growth while warning against relocation and emphasizing policy, branding, and FTC price rules shaping a more rational industry.
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