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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 24, 1956
Page
1
A major snowstorm battered North Carolina with a heavy frozen base and up to 12 inches in Newfound Gap on the state line. Weather officials warned of continued cold conditions as highways iced over, schools closed, and transport slowed or halted across many counties and cities.
Sen Douglas argues the proposed natural gas bill would end direct FPC regulation and raise prices for consumers. Backers claim protections require fair prices to pipelines, while Douglas cites ample incentives for producers and cites a large windfall and tax benefits as unnecessary. He notes one firm reported 1951 net income of 44 million dollars and compares taxes to a modest household's burden.
Senator Kefauver calls for a thorough review of the defense establishment following Gen. Ridgway's charges that civilian secretaries influenced military decisions for political expediency. Ridgway warned of danger to the country while Secretary Wilson and Adm. Radford deny pressure on Ridgway. Mundt agrees the Defense Department must not be run for politics.
Five members of the Junsch family died in a Milford home inferno near a fire station. Only an 11-year-old survivor, Richard Junsch, escaped by jumping from a second story window in 20 degree cold as fire claimed his 6-year-old brother Peter and two elderly relatives. Neighbors alerted by Richard's cries. authorities report the family asleep when the blaze started shortly after midnight.
Snowfall of seven inches during the Southern Furniture and Rug Market opened with transport problems but observers expect only a limited impact on business. Attendance at the opening day was high, with continued optimism that late-week gains can be recovered. Market leaders noted early arrivals would delay but still view exhibits, while exhibitors voiced confidence in a strong week ahead despite the weather. A panel of furniture makers warned 1956 may not reach last year’s peak, but overall volume was anticipated to rise. Participants included Tom A. Finch, Henry A. Foscue, and Howard Turner as they discussed housing trends and market prospects.
Senator Duff predicts President Eisenhower will declare a second term long before the Illinois primary on April 10. Len Knowland enters the race through the back door and declines to withdraw his name in Illinois. Adlai Stevenson is the lone Democratic entrant in Illinois by the deadline. Duff believes the President will announce when he is ready, not before. GOP leaders report Salute dinners will raise about five million dollars, split between local groups and national committees.
Five Southern governors gather in Richmond to discuss joint moves against desegregation. Virginia Governor Stanley expects talks on interposition, resolutions, or coordinated legislation, with Georgia's Marvin Griffin pushing for a strong interposition stance. Other attendees include Hodges of North Carolina, Timmerman of South Carolina, and Coleman of Mississippi.
The Agriculture Department reports a modest uptick in prices for many farm products in recent weeks, with early 1956 prices expected to remain above December lows. Hog prices rose about 5 percent in Chicago in early January and cattle about 1 percent, while cash received from marketings last year reached 29.2 billion dollars, down 3 percent from 1954. net farm income was about 10.6 billion, down around 10 percent.
A two story frame dwelling burned last night on Chicago's far South Side killing Fidel Vasquez Sr. 48 and his children Fidel Jr. 8 and Francisca 12. Wife Mariana 54 was burned and hospitalized. Five others escaped. cause under investigation.
President Eisenhower urged Congress to restore standby controls on consumer credit while calling the economy tamer after a year of rapid growth. He outlined a program including farm relief, home improvement loans, regional industry aid, an antitrust push, and a possible re enactment of the Federal Reserve Board’s authority to regulate large down payments and repayment terms on big purchases, stressing debt reduction before tax relief.
A Wake Forest College inquiry into the administration and overall situation was delivered to the executive committee of the board of trustees. The report may influence appointments of a football coach and athletic director after resignations of Director Pat Preston and Coach Tom Rogers. Odus Mull of Shelby received the report from A J Hutchins of Canton, who led the inquiry. President Dr Hare old Tribble may be asked to make recommendations.
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