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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 28, 1972
Page
4
The High Point Enterprise lists its corporate officers and management team headed by D. A. Rawley as president with C. H. Lockwood and David A. Rawley Jr. as vice presidents and Joseph P. Rawley as general manager in a 1972 notice.
Biblical verse quotes the king asking what honor has been given to Mordecai and his attendants reply that nothing has been done yet. The scene highlights the unrecognized deeds of Mordecai before Esther’s intervention and the looming reward.
A North Carolina educators group and three school board members plan talks behind closed doors, prompting a call to reverse the decision and hold meetings in public. The piece warns that secrecy marginalizes taxpayers and demands open proceedings for those funding and affected by the school system.
January price gains at 0.3 percent push annual inflation to 3.6 percent, above Nixon’s 2.5 percent target. Wholesale prices rise 0.4 percent led by farm and food costs as economists see progress yet warn deficits and policy inconsistencies threaten stability. Herbert Stein expects February rise but a spring easing.
India’s wartime triumph over Pakistan elevates Indira Gandhi to hero status and strengthens her grip on state legislatures. Yet economic woes persist with high unemployment, inflation, and a ballooning budget, risking the promised social program as the March elections approach.
A crusading report identifies 80 House members from 33 states with bank holdings including presidents or officers. It claims many vote to benefit banks while federal agencies place billions in 1,800 banks, often without interest, then taxpayers borrow at high rates. The piece catalogs deposits by committee and notes Rep Ed Hutchinson of Michigan as an example.
A national inquiry reveals lawmakers with bank holdings and interest free deposits shaping votes on banking legislation. Rep Hutchinson and others held stock or deposits in banks like National Bank of Detroit Wells Fargo and Marine Midland, while voting in favor of bank bills amid alleged conflicts.
The piece analyzes Howard Hughes selling 6,584,937 TWA shares on May 8 1966 at 86 dollars a share and examines market psychology. It argues prices reflect supply demand and investor emotion, not intrinsic value, warning against chasing highs and urging long term objectives and disciplined selling.
A reader defends High Point Memorial Hospital praising nightly cleaning and staff care during two recent stays. She commends nurses aides and maintenance and notes disinfecting routines and attentive service on the 4th floor. She urges publication of the open letter to share appreciation with the hospital community.
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