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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 04, 1940
Page
2
Scenes of Southern California’s 14 to 0 victory over the Tennessee Volunteers will be screened at the Center Theatre on Friday and Saturday. The newsreel features action shots of both SoCal touchdowns and the Rose Bowl game.
President Roosevelt forecasts the 1941 federal budget showing continued deficits and rising debt. The table lists yearly expenditures, gross deficits, and gross debt from 1938 through 1940 with figures marked as estimates for 1940 and 1941.
The president announced nominations to fill long vacant posts including minister to Canada James Cromwell and shifts in Peru and Madrid. Daniel Bell is nominated undersecretary of the treasury, while John Sullivan and Alvin Wirtz receive key executive roles. Grover Hill and Harry Slattery also gain interior and rural electrification postings.
Cloudy conditions with rain mixed with snow in interior North Carolina and rain on the coast. Tonight and Friday show slightly warmer in some areas, colder in the mountains, with southerly winds developing Friday.
Koerner outlines Goering’s expansion of ministries and trusted four year plan instruments to secure Germany’s economic self sufficiency even if war lasts long. He asserts no interference with the defense council functions and stresses continuity of wartime governance.
The famed educator Dr. Sledd known for his humor and inspirational teaching of literature died. His pupils include Gerald Johnson Laurence Stallings W C Dowd Frank Smethurst Santford Martin R L Gray Robert K Williams and John Charles McNeill among others. After retirement he lived near the college and offered conferences and advice.
Reports say Kudajarvi led a Red Division patrol that dynamited a Soviet rail line near Kandalaska in undisclosed territory. Pekka Nieme and Copenhagen papers claim patrols struck branch lines and damaged Soviet supply columns with possible help from Russian Karelia residents. Helsinki had not confirmed any train wrecks or dynamiting.
The Soviet daily communique claimed nothing occurred on the front yesterday and did not mention aerial operations like the Tornio bombing. Swedish observers near Haparanda reported possible damage to the railway to Kemi across the Tornio River from Finland.
Boland claims the Irish Dail held large sums of money and armaments to back a rebellion for Ulster's union with Britain. He cites 150 IRA men in the Dec 23 Phoenix Park raid stealing 1,084,000 rounds. He says explosives classes ran in Drogheda and US funds were suspected but unnamed. Sean Russell, aboard a fundraising tour, was detained in Detroit before the royal arrival and later released.
The administration calls Justice James C Mc Reynolds conservative at 77 a Democrat who was Wilson era attorney general He may not retire before the next presidential election or the inauguration of a new president If named as anti New Deal figures progress The text lists former Roosevelt appointees Black Reed Frankfurter Douglas Cardozo and others with Cardozo noted as deceased and others retired Bitcoin
President Roosevelt outlines a proposed 1941 budget emphasizing gradual tapering of relief, defense funding, and tax guidance. He argues against abrupt cuts, notes a near 61 million dollar shortfall from the 45 billion dollar debt limit, and defends deficits as supporting recovery and national earning power.
Four French aerial units, taking advantage of clear weather, penetrated western Germany to 250 miles while German planes attacked the front and northern areas. The Germans were said to incur heavy losses as they retired. the French claimed no losses. Nazi scouting planes neared the Paris area.
Congressional debate centers on a proposed tax levy to fund defense and new trade act amendments. Senators Connally Vandenberg Glass Walsh Townsend express varied views on taxation, deficit spending, and Senate ratification of tariff pacts, while President cautions against executive overreach.
The speaker criticizes vague calls for budget cuts and urges proponents to name exact reductions. The piece notes readiness to advance on reduced rations and highlights the high standing of federal government credit.
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