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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 01, 1960
Page
1
New York negotiators avert a citywide subway and bus strike by reaching a two year contract. Wage increases total about 15 cents per hour, with phased raises in year one and year two. Transit Authority aims to keep fares at 15 cents as the system carries eight million fares daily.
A massive Arctic storm slammed the western states as new year began, causing at least seven deaths. Heavy snow and blizzard conditions stretched from New Mexico to North Dakota and into Utah, Colorado, Wyoming and Kansas, with numerous highways closed and flights disrupted. Snow depths of 4 to 13 inches reported across the region, and several mountain passes along the Colorado New Mexico border were shut.
The Rural Electrification Administration announced a $50,000 loan to the Lumbee River Electric Membership Cooperative in Red Springs North Carolina. The move supports expansion of electric service and rural development in the region.
A buoyant world welcomes 1960 with optimism about peace and growth while warning that communist aims remain unchanged. US officials predict steady output and a smaller deficit despite a steel strike, as budget talks and a possible break-even outcome loom ahead. Leaders from Khrushchev to De Gaulle project varied futures, but widespread celebrations mark the dawn of a year of political tension and hopeful progress.
The North Carolina year begins with payroll tax shifts and a new rate system. A 7 percent wage tax cut and minimum wage increases affect workers. auto tag sales rise as the year opens. Changes include a new state revenue plan and a new highway patrol commander. The Duke Power rate cut to 1.65 million for 50 000 commercial customers and a Southeast Asia visit by Khrushchev are noted amid national tax shifts. The shift to pay-as-you-go withholding will debit two years of taxes in 1960.
AP reports economists and business leaders foresee a peaceful decade with 81 million employed by 1970, a 171/4 hour work week, rising household incomes, and steady growth. Predictions labeled the Soaring Sixties face cautions from past misjudgments like the 1929 crash, yet optimism persists.
Washington reports a study by the attorney general suggesting broadcasters could confront stronger federal rules in the coming year amid probes into potential manipulation and rigging in coverage and advertising.
Congress considers sweeping changes to enforcement of ho liday highway safety rules after President Eisenhower requested a Rogers study. Rep Springer says action should be swift to curb dangerous ads and broadcasting practices, aiming for federal crime penalties and tougher FCC and FTC enforcement during the 1960 New Year period. Road deaths during the 78 hour holiday rose, prompting renewed calls for stricter regulation of broadcasting and ad practices.
Murray Greason, longtime Wake Forest basketball coach, was killed when his car struck a bridge support on Highway 70. He died on arrival at Wesley Long Hospital. A 1926 Wake Forest graduate, Greason led the Demon Deacons for 23 years before retiring two years ago and was succeeded by Horace Bones McKinney.
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