Hand From Grave Shouldn't Impair Endowment Growth
Editorial notes that James B. Duke's endowment restrictions, set 49 years ago to invest in Duke Power stock or government bonds, now hinder prudent diversification. The Superior Court allowed trustees to break the pattern, seeking broader authority to diversify, with appeal to the U S Supreme Court to protect beneficiaries against inflationary risk.
MENTIONED IN THIS ARTICLE
James B. Duke
Duke
Duke Endowment
Duke Power Company
Superior Court
Hugh B. Campbell
U. S. Supreme Court
Kennedy urges tax cuts tied to curbing spending
President Kennedy argues for tax cuts in 1963 only if federal spending is reduced, aiming to bridge a gap with House Ways and Means Chair Wilbur Mills and pleased Byrd in Virginia. The plan signals a budget-deficit challenged economy and sets up a heated Congress debate.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
Wilbur Mills
House
Ways and Means
Senate
Virginia
Harry F. Byrd
Byrd
New York Economic Club
Clemency for Scales Leaves Questions in Case
The article notes Junius Irving Scales, a Greensburg dissident ex Communist, was omitted from Kennedy’s clemency list. It cites his resignation from the party after the Hungarian revolt, his conviction upheld by a 5-4 Supreme Court decision, and jurors and judges urging release. It also mentions party leaders Hall and Davis indicted for failure to register and a government suit against the party in Washington.
MENTIONED IN THIS ARTICLE
Kennedy
Junius Irving Scales
Greensburgher
Communist Party
Scales
Supreme Court
North
South Carolina
Dis
U. S
Gus Hall
Benjamin Davis
Washington
Soviet Union
Junius Scales
Students' Cuba Holiday Plans Crimped by State Department
The State Department blocks a group of college students from Boston Buffalo New York and other cities from traveling to Cuba for Christmas as guests of Castro. Prison risk looms for defying the ban. Critics claim the trip could be educational but official passports must meet national interests.
MENTIONED IN THIS ARTICLE
State Department
Cuba
Washington
Boston
Buffalo
New York
Castro
Collegians
United States
Pearl of Wisdom on Christmas gifts for men to buy
Erwin Pearl, a jewelry designer, urges men to trust their taste when choosing gifts for the women in their lives. He notes men often doubt themselves in fashion but should select what they like and what they will enjoy seeing her wear. He adds that buying is better than not buying, with an exchange counter as a fallback.
MENTIONED IN THIS ARTICLE
Erwin Pearl
Pearl
New York
Massachusetts
Garden of Eden
High Point Enterprise Staff and Contact Information
The High Point Enterprise, established 1834, provides local news with staff roles listed including editor Holt McPherson and managing editor C. W. Patterson Jr. It details subscription rates, carrier and mail options, and tax notes for North Carolina residents. The paper notes AP news use rights and states independent contractor status for carriers and distributors.
MENTIONED IN THIS ARTICLE
High Point Enterprise, Inc
North Main Street
High Point
N.C
R. B. Terry
Holt McPherson
Joe Brown
Ovinence
C. W. Patterson, JR
W. W. Idol, JR
Charles B. Loflin
THE
Associated Press
N. C
Focal
Anti Bias Legislation States Have Their Own Strength
Washington coverage notes state laws against bias in privately financed housing gain support from courts. Massachusetts New York California New Jersey and Washington state rulings show states may regulate property and contracts to serve the public good while federal action remains limited to federally aided housing.
MENTIONED IN THIS ARTICLE
New York
California
Massachusetts High Court
Martin
New Jersey
Massachusetts
Washington State
Blessed Mary Model of Mothers for Advent Season
A church sermon extols Mary as the exemplar mother, noting her unique role as Virgin Mother chosen by God. The speaker reflects on Mary’s humility, faith, and the sorrows she bore, along with Luke's gospel emphasis on her inner longings and the prophetic sorrow at Jesus’ crucifixion. The piece ponders Mary’s life after the crucifixion and honors her memory in the Advent season.
MENTIONED IN THIS ARTICLE
Mary
Earth
Sarah
Abraham
Rachel
Joseph
Hannah
Samuel
Elizabeth
John the Baptist
Monica
Augustine
Susannah
Wesleys
Mary Ball
Washington
Nancy Hanks
Lincoln
Christ
Luke
Jesus
Via Dolorosa
Nazareth
Simon
Jude
James
Cer
New enforcement tightens liquor sales and city updates
Holt McPherson notes officers will enforce liquor by the drink laws more strictly, causing jitters in bars and clubs as raids occur statewide. Also covered are Chamber of Commerce building bids, YMCA leadership moves, High Point manufacturing stats, college planning funding, Floral Garden Park open house, Christmas Cheer Fund appeal, and reflections on Christmas trees as symbols of joy and giving.
MENTIONED IN THIS ARTICLE
ABC
Chamber of Commerce
Piedmont Savings & Loan Association
North Main
Westwood
George Hutchens
High Point
North Carolina
Charlotte
Winston-Salem
Greensboro
Census Bureau
U. S. Department of Commerce
Wachovia Bank and Trust Company
Durham
Winston- Salem
Burlington
Gastonia
Asheville
Wilmington
High
Horace S. Haworth
High Point College
Patton
Floral Garden Park
Taylor M. Simpson
Bernhard Zuckerman
Floral Garden
Also Mentioned on This Page
High Point Enterprise
Wirtz
Pearl of
Wisdom
D. A. Rawley
BY Bruce Biossat
President
Massachusetts Supreme Court
Massachusetts Commission Against Discrimination
New York City
COC
CCC
ECE
EOO
Moses
Elijah
Peter
Paul
Mercury Athletic Club
Bill Bennett
Detroit
Robert A. Culler
International Committee
YMCA
World Service Committee
Roy B. Culler
Seoul
Korea
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