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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 03, 1951
Page
2
The session opens with formal election of officers and oath for lawmakers. Rep W Frank Taylor of Wayne slated to be named speaker at noon. Governor Scott to deliver biennial message amid tax and policy debates.
Tokyo report notes Jules H Schultz from Blacksburg Virginia known as a chicken aficionado. He developed a taste for cooked chicken among Koreans near the airfield housing F 45 Sabre jets. The locals gifted him birds and he sent his houseboy out for more, returning with ten sparrows.
The United Nations Assembly returns to work after a sharp clash over China. The U S seeks quick condemnation of the Chinese Reds but faces Asian and Arab nations reluctant to push Peiping. Delegates plan to meet again after the political committee session as Soviet aims to force a debate on aggression charges from Malik.
Henry A. Wallace told a Brooklyn Jewish center forum that world Communism is cracking but will not collapse without pressure from capitalism. He said the Communists’ position will become untenable as workers see how they are exploited by a small Bolshevik elite and urged Western leadership to guide the common man into constructive channels.
The weatherman forecasts more snow in Houghton Michigan today and tomorrow. The town has seen snowfall for 46 consecutive days totaling 31 inches on the ground with over 1044 inches since the 40 play streak began.
Senators urge speedier action on price and wage controls and demand compulsory measures after voluntary efforts fail. A watchdog committee will study extending the current mobilization act as June 30 looms. Rent control decisions and peacetime programs face limited time amid defense emphasis and opposition to education funding and health insurance.
The motor vehicles department reports 2 killed and 8 injured in the 24 hour period ending 10 am today in Ralfh. It notes 3 people killed to date and 27 injured to date with 88 injuries in 1950.
The article reports Republican calls for clear unity to tackle national problems as President Truman plans to outline his program. It notes Senate maneuvers, Southern Democrats power, and a looming clash over foreign aid, taxes, draft rules, and defense spending with a 3.5 million manpower goal and FEPC renewal likely.
The proposal would move West Germany toward a contractual ties framework with the West and reduce Allied occupation to large embassies. McCloy will relocate his headquarters to Bonn as negotiations hint at hard bargaining, with months needed for full implementation.
Chinese troops pushed into Uijongbu and along the Chunchon Wonju axis as UN lines buckled. US air and artillery countered with fighters and bombs. reports tallied about 10 000 Chinese casualties from air attacks since New Year's Eve. Seoul defense weakened with Uijongbu fall and Korean government moved south.
North Carolina Democratic committee offices on the Sir Walter Hotel’s first floor will operate nearly full time during the legislative session. Chairman Everett Jordan says open offices benefit legislators and visitors and push toward continuous operation akin to the national HQ in Washington. Inez Jacoby will staff the office five to six hours daily, leveraging her campaign and legislative experience.
Senator Edwin C. Johnson faces a rebuke from Mark Harris of Colorado after Johnson sent a government pamphlet to celebrate Harris becoming a father. Harris, a war veteran, asks if the old SenMilitary Affairs address signals any military plans for the infant.
The act raises the top normal corporate tax from 45 to 47 percent, with a tiered structure for the first 25 000 and excess profits rates. An alternate method uses invested capital to define excess profits, benefiting firms with weak earnings 1946 1949. The law caps total tax at 62 percent of net earnings and exempts small corporations earning 25 000 or less. It includes mechanisms to aid small and regulated industries and expires July 1 unless renewed.
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