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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 01, 1959
Page
4
In today’s meditation the emphasis is on thrift as taught by Christ. Waste is condemned and surplus is to be used for service to the church, civic efforts, and those in poverty. The message urges prudent use of resources to maximize Christian impact.
The High Point budget nears seven million dollars with no tax rate increase projected if city manager recommendations are followed. About 246000 funds service extensions to areas to be annexed Jan 1, with bonds proposed to finance utilities. Officials note the annexation elevates per head spending, urging careful scrutiny of expenses and future projects to sustain growth.
Paul F Evans retires after 40 years in education guiding Davidson County from fragmented to consolidated schools. He led consolidation into five units with two high schools remaining outside. Evans steered the system through war years and後 Dr David Plummer era, earning recognition as a dedicated public educator. W H Sullivan Sr Greensboro leader helped establish the Presbyterian Home and Greensboros War Memorial, later honored with a Distinguished Service Award for his community service.
The Tour de France cycling event will dominate France for three weeks with 4311 kilometres of racing across multiple stages and rest days. Louison Bobet, a three time winner, is highlighted as a leading figure while sponsorship and prize money reflect the race’s national prominence.
An unauthorized ad fragment from The High Point Enterprise mentions Independent Center and Ward Griffith Company National Advertising representatives. It references dealers and distributors and contact details for advertising inquiries.
President Eisenhower pushed more than 200 legislative recommendations, but by June only about six major items had cleared Congress. Financial policy proposals stalled. only veterans loan rate changes passed. Growth and international items fared better, yet many measures remain blocked or vetoed.
A major error in enacting a recording tax on property sellers surfaced on final Assembly day as bills were rushed to adjourn without full deliberation. The Senate had amended to delete the tax, but an enrolling mistake loaded the tax into the act. Supreme Court action or courthouse refusals to collect may resolve the issue as officials scramble after July 1.
William L. Ryan reports Arab leaders confound Russian diplomacy as Egypt and Syria steer clear of Moscow while courting Western firms. The piece also notes local textile and apparel industry moves, a high point return of Floyd Mehan, and Victor Muscat's business empire, plus a grim forecast from a study of 1.5 million cars predicting 25 000 highway injuries or deaths over the upcoming holiday weekend.
President Eisenhower pledged large spending cuts during the 1952 campaign but faces a difficult task. The fiscal year closed with peacetime deficits near 13 billion dollars, despite promises to balance the budget and cut spending from 81 billion to about 60 billion annually. He warned of the need for tax relief once spending was reduced.
HAL COCHRAN analyzes President Eisenhower's fiscal years from 1954 to 1960. He notes deficits in 1954 55 and 58 59 a debt rise from about 271 to 285 billion and changes in dollar value from 1947 49 base. Despite mixed results he aims for a balanced 1960 budget of 77 billion with 70 million surplus.
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