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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 12, 1973
Page
2
The House Finance Committee has approved a tax reform package aiming at corporate benefits to spur development, alongside personal income tax cuts and higher senior exemptions. Advocates caution on long term revenue and call for careful timing amid energy shortages and surging surpluses.
Jack Haley Jr. selects material for Thats Entertainment a MGM musical highlights film spanning 1929 to 1960 as MGM ceases to exist as a studio The piece notes MGM assets now under United Artists and MGM Grand Hotel Las Vegas and frames the project as a requiem for an era with gambling culture replacing cinema lore.
Local Albany newspaper issued a correction for a Thanksgiving yam dish recipe misprint. The ingredient was intended to read a half cup of bourbon not two cups. A reader praised the dish and quipped Forget the turkey, pass the yams.
A financial snapshot shows bear markets and a sharp energy crisis reshaping Wall Street. At Nov 27 1973 NYSE lows outpaced highs. GM and Disney tumbled while Dome Mines and Combustion Engineering led gains on energy and mining prospects. Analysts highlight energy, mining, and related equipment firms as potential beneficiaries amid cautious sentiment.
A reader attacks a state Utilities Commission order requiring a 15 percent cut in natural gas use. Critics argue the plan unfairly targets savers while exempting heavy users, urging a revision to protect thrifty customers and justify the overall conservation goal. The letter also contests Nixon impeachment grounds and calls for his resignation.
John P. Roche critiques late 1960s to early 1970s U S higher education. He cites tenure abuses by dissents, settlement-house egoism, and the decline of traditional grading, arguing institutions now face financial strain from the binge. He warns about long lasting damage to academia’s core mission of educating the young.
An anonymous letter to the editor argues that a chaotic pursuit of a global power balance mirrors Nazi strategies and praises Nixon as America's best statesman. The writer, Rudolf Mueller of 1615 Lakewood Dr, claims liberal critics and Watergate undermine peace and warn that a third world war would be catastrophic.
Howard McCurry reports on the December 6 1973 High Point City Council meeting. He cites Councilman Frank Wood as a key critic, noting Wood’s past support for the City Hall project and questioning his current knowledge of ongoing construction issues. McCurry hints Wood spent months overseas earlier in the year.
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