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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 07, 1949
Page
2
United Steelworkers union and U S Steel face a new strike risk as a current contract, with about a year left, was reopened over pay and insurance terms. President Fairless warned that rising labor costs now would harm the economy.
Dr. L. G. Harrison of High Point received the annual International Chiropractic Research Institute trophy at the St. Louis assembly, honoring the greatest improvement shown in before and after X rays over an 11 day period. Harrison, a Rocky Mount native, is North Carolina Board of Chiropractic Examiners president and has led the local Optimist club.
Leaf Market discusses potential tobacco volume sent to the Stabilization Corporation to support parity, risking billions in government spending to maintain price levels. The piece cites Ghemene Maybank D mitee asserting Congress and British actions could affect farm product values like cotton and tobacco, predicting a temporary but manageable impact if the U.S. stays steady.
The article notes President Truman showing optimism about the basic proposals but avoids predicting whether he will press the January demand for a 4 billion dollar tax increase amid lagging business. House Democratic Leader Rep. McCormack doubts a tax bill passing this year.
The Paris conference buzzed with unconfirmed reports of Molotov coordinating Communist movements in Asia. In China the Communists backed Vishinsky’s peace idea for Japan, while Peiping radio hypes it. Japan sees a surge of USSR trained POWs returning, indoctrinated and joining local Reds in protests, riots, and strikes. MacArthur faces pressure to cut costs and reform, with leftist unions strong and talk of a state of emergency.
The hearing cited by Lytle compared producer prices with high retail costs in North Carolina and nationwide. J. K. Andrews of Alleghany county, delivering 100 gallons daily, reported an average milk check of $3.52 per hundredweight versus $6.25 last winter. Coble noted processor distribution problems and years of losses since October.
The proposal details federal contributions to non self sustaining farms, loans for minor farm improvements, research into cheaper home riding methods, and 60 day extensions for private loan insurance and mortgage guarantees. It also notes a large increase in mortgage insurance authority for single and multi dwelling units while mentioning refrigerator dessert stabilizers.
Weather memo notes continued heat and humidity across North Carolina with hot today and tonight. Friday brings scattered afternoon thunder showers across western and coastal portions. City readings list Raleigh and Charlotte among many stations with high temperatures in the 80s and 90s and rainfall amounts recorded over 24 hours.
The Duke Power company asks the public utilities commission to approve higher cash fares of 10 cents or 3 tickets for 25 cents in Charlotte Winston-Salem Greensboro Durham Salisbury Spencer Fast Spencer and High Point. Duke says the increase could gross $612000 annually. Greensboro and Durham officials attended the hearing. A note on tea sandwiches describes a cucumber butter spread on whole wheat bread.
Thomasville city council, led by City Manager R M Cooksey, meets to finalize the 1949 50 budget after informal sessions. Additional sessions are planned to study and prepare the proposal for Monday night approval.
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