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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 14, 1962
Page
4
A reflective line urges sincerity with God and men, urging truth in thought and action. The quote echoes George Herbert’s call for integrity, condemning lying as cowardly and insisting alignment of words and deeds.
President Kennedy rejects immediate income tax cuts as deficits and inflation pressure lawmakers toward restraint. He signals possible revision in non election years and even a special session if the economy weakens, urging responsible spending alongside any tax reform.
An article notes parents in Hicksville New York oppose the Supreme Court ban on a non-denominational school prayer using the second stanza of the Star Spangled Banner. It cites Miriam Rubenstein and Joseph Lewis of Freethinkers of America and discusses broader church state separation debates.
The 12 leading steel producers must return questionnaires on costs and pricing policies to Kefauver's Senate subcommittee by mid August. U S Steel’s Roger M Blough, once out of favor at the White House, is now reportedly in, as hearings on administered steel prices linger quietly.
The High Point Enterprise outlines its history since 1884 and lists staff positions including president secretary treasurer and managing editor. It also provides subscription rates for daily and Sunday, weekly and mail options, plus tax notes and carrier contact guidance.
President Kennedy’s nationwide TV and radio address blended optimism with economic policy. He reassured investors that the economy is strong enough to forgo an immediate tax cut, promised relief next year if needed, and urged Congress to pass measures before 1962 adjourns. He noted inherited economic uncertainty, recalled postwar controls, and argued this Congress has done more to strengthen the economy than any since World War II. The speech raised questions about why action wasn’t taken sooner.
William A. Shires reports ongoing drive for economy in state government. The 1963 65 budget aims for conservatism despite an $80 million General Fund balance, with $35 million allocated for current year and over $4 million earmarked for near term purchases and positions. The true uncommitted surplus is about $40 million after these deductions.
Notes on The News outlines a 1961 63 biennium budget plan with General Fund expenditures rising from 289 million to 369 million and education needing at least 20 million more. It warns that savings in year one rarely repeats, while revenue projections remain uncertain as legislature nears. It lists variances by tax category, totaling 24.54 million over estimates in tax revenue and 2.72 million in non tax revenue.
City planners described a 20 year blueprint to revitalize the Central Business District in High Point. The plan includes covering rail tracks creating a mall from Hayden Place to Hamilton Street, a Main Street median, parking expansion, and enhanced storefronts to attract trade and deter urban decay.
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