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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 14, 1974
Page
2
A 1970s public mood notes the oil industry as top poll winner in credibility loss while the federal government lags in truth about fuel shortages and prices. Citizens report cutting travel and facing scarce gasoline amid alleged company orders to withhold supply until March. The column references Ralph Nader's findings on Big Oil profits.
A totalitarian action expels novelist Aleksandr Solzhenitsyn from the homeland after swift removal and arrest, cutting him off from his people while allowing him to speak to the world. The exiled writer faces a bleak separation from his homeland.
Barely Noted Streaking features a naked male runner entering the Carolina Inn lobby and fleeing to a waiting car. Police may charge for indecent exposure. The item contrasts with Solzhenitsyn’s defense of personal freedom and his deportation to West Germany after years of opposition to power.
U S shipyards surge with activity as oil tanker demand grows. Subsidies from the Merchant Marine Act of 1970 and rising tech needs boost orders, despite port and fuel-use challenges. Nuclear propulsion and offshore docks may unlock future growth.
Ralph Nader and his Tax Reform Research Group accuse oil firms of siphoning $6 billion in unwarranted tax subsidies in 1974. They cite low effective tax rates for Exxon Texaco and Mobil, and a 60 percent jump in profits amid a 10 cent a gallon rise, calling for repeal of the depletion allowance and intangible drilling cost write offs. The report warns of profits shifting abroad and criticizes lawmakers including Russell Long and Wilbur Mills for favoritism toward energy interests.
An overview traces St Valentine origins from Roman martyrdom to the middle ages and the evolution of Valentine cards. It notes Victorian era sentiments, wild premodern jokes, and 1974 trends with a mix of humorous and lace adorned designs.
A reader letters to the editor questions state representative McDaniel's stance on a one-operator massage parlor. The writer accuses him of moralism over broader issues like gasoline prices, interest rates, and food costs, demanding focus on real problems in Raleigh. The piece defends personal choice and condemns political meddling in private matters.
The piece lauds organized protests against fuel restrictions amid a rapid US crisis triggered by oil profits. It links a 1951 conspiracy by oil majors to monopolize the market with soaring prices, urges government action, and notes calls for gasoline rationing and rising unemployment forecasts for 1974.
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