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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 08, 1969
Page
3
A brief devotional note quotes I Peter 2:17 urging respect for all, love within the fellowship, reverence for God, and honor for the emperor. It mentions musid men and references founder Wu Ja? Po on, though the fragment is incomplete and unclear.
Inflation fears drive tight money policy as prime rate peaks and stocks drop. Government and business debt surged while purchasing power fell, with managers pledging restraint to avert a deep recession and rising unemployment.
Virginius Dabney, long time editor of the Richmond Times-Dispatch and a Virginia aristocrat, retired over the weekend after a career marked by liberal advocacy and later conservative stances. Critics note he shifted from fiery liberalism to a cautious role amid Virginia’s massive resistance and desegregation battles, leaving behind a contested legacy.
The piece argues BRIGHT NEW GREENBACKS flood affluent society while inflation erodes value. It cites Europe’s poor currency confidence, U S deposit fears, and analyst Dr. Franz Pick urging precious metals and art, warning of a global devaluation and market fragility driven by investor psychology.
Washington debate centers on reform after 14 terms of Speaker McCormack and rising tide behind Kennedy and reformist candidates. Brookings, editors groups, and grassroots campaigns push for financial disclosure and open hearings, with media pressure from Times and Post and critical essays in Washingtonian.
The Formans and Ron Hayes return from Kenya and Alaska with a new hunting movie. They promise a bigger, tougher thriller drawing on big game experience under tough conditions. The project may take four years or more to complete and aims to expose Africa’s real situation beyond colonial myth. Meanwhile local notes cover hospital visitation limits and shifting real estate markets.
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