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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 12, 1969
Page
3
Editorial notes cooling antiwar activity as forecasts predict a damp December with fewer large scale demonstrations next week. Moratorium groups pursue low key vigils while fundraising struggles and internal debates shape future strategy for a more dovish Congress in 1970. Weather adds to logistical hurdles as students face exams and holidays.
Senate subcommittee analysis in Washington outlines auto insurance pay-ins of 81.5 billion and net benefits of 47.7 billion over ten years. Expenses totaled 83.6 billion with 800 million in after tax profits. investments yielded 3.2 billion. Of net benefits, 27.5 billion settled bodily injury and property damage, 15.2 billion paid for vehicles, 35 billion to claimants attorneys. Administrative expense per 100 dollars in benefits is 125 for auto liability, 50 for workmen’s compensation, and 20 for group health and accident plans. The report discusses causes and potential benefits of a no fault system to cut legal costs and delays.
Analysis notes Republicans aim to expand governorships to a peak since 1920 while eyeing a stronger Senate. With 35 governorships and 435 House seats up in 1970, party control hinges on inflation crime and Vietnam. Local tax anger and new mayoral shifts in Harrisburg mark broader GOP challenges and opportunities.
Washington sources report President Nixon warned GOP leaders he will veto inflationary bills such as a 15 percent Social Security boost and a $200 personal tax exemption rise. Paul McCracken backed the drive for a credible budget as Burns urged budget cuts and restraint amid market skepticism.
The Wall Street Journal reports a nationwide debate over Sunday shopping as retailers struggle with seven day operation. Some stores gain little from Sunday sales while others fear losing business to discounters. Shoppers' values shift as affluence and mobility push Sunday openings, with retailers weighing whether the practice is profitable or temporary.
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