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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 05, 1970

Page

12

Ford warns Soviet strategy could subdue U.S. without war

House Republican Leader Gerald R. Ford says the Soviet Union exploits American antiwar pacifism to destroy the U.S. will to resist. He cites Vietnam policy and neo isolationism as aiding Moscow and argues civilian leadership bore 60s misjudgments. Ford praises power used to attack Communist sanctuaries in Cambodia.

Washington House Gerald R. Ford Soviet Union United States Vietnam Ford National War College Ft. McNair Michigan von Clausewitz Indochina U.S Russia Kremlin Cuba Middle East Cambodia

Stock Market Slump Delays Mergers and Expansions

The 18 month decline in the stock market forces many firms to postpone mergers and acquisitions and scale back expansion plans. High borrowing costs and lower stock values drive delays in equity and debt financing across corporate finance plans.

Linda Rubey New York

New Decision On N C Busing Is Expected

Dr. Craig Phillips NC schools chief says the Advisory Budget Commission and the governor's office have the full story on urban school transportation. A federal court requires equal treatment of city children within a mile and a half of schools, affecting 56,708 children to be bused or 41,000 fewer transported.

Raleigh Craig Phillips North Carolina Advisory Budget Commission Phillips State Board of Education Budget Commission Ramifica

Graham Fears U S May Feel Gods Wrath

Evangelist Billy Graham warned at the Southern Baptist Convention that moral crisis and social injustice threaten America. He warned denominations drifting from standards and warned of church supervised brothels. He urged revivalist, spirit filled Christianity to prevent a new Hitler and condemned U.S. involvement in Asia while backing Nixon’s promise to end the war.

Denver Billy Graham America Graham Southern Baptist Convention Hitler Asia Nixon

Older draft officials urged to resign by Tarr

Draft director Curtis Tarr seeks younger leadership at national and state levels. About 10 percent of the 236 national staff and roughly 560 military personnel in state headquarters are expected to resign by year end. Some state directors have asked for exceptions, but Tarr has denied them, citing the president’s wishes to modernize the draft system.

Stan Benjamin Associated Press Washington (Ap Curtis W. Tarr Selective Service Henry M. Gross F Pennsylvania Tarr Nixon Lewis B. Hershey

Court Clears Merger Between Finance Firms

U S District Judge James B McMillan gave approval to the merger of American Credit Corporation and Wachovia Corporation creating the Souths largest financial institution with 2 billion in assets The ruling lifts a temporary injunction while keeping personnel financing operations and capital separate until final outcome of the antitrust case The government failed to prove that the merger would lessen competition or create a monopoly in factoring credit life insurance auto financing or consumer financing

McMillan Justice Department

North Carolina approves 11 million in highway bids

Raleigh AP reports the North Carolina Highway Commission approved 18 projects totaling 11 million in low bids for road work. The Robeson County I-95 project near Lumberton spans 3.8 miles with grading, base, surfacing, fencing, signing and structures. Final completion set for October 1972.

Raleigh Rbeson County North Carolina State Highway Commissio Robeson Lumberton C. W. Matthews Contracting Co Marietta, Ga McGill Contracting Co Greenville S.C Pitt - Beaufort - Lenoir U.S.264 N.S Barrus Construction Co Kinston

Also Mentioned on This Page

High Point Enterprise Rep Richard P. Powers United States Congress Barry Hors Syndicate J Blair & Co New York Stock Exchange N.C High Point Grace Flower Shop Wrenn St. Westwood Color TV Abyial Adventurer Refrigeration, Inc N. Main ST Corinth United Presbyterian Church Benjamin Spock Civil Liberties Evangelist Germany Sanrtina Cleaners English Rd Hig Point College Pat May Winston- Salem William Highbaugh Telephone E. Westwood En Airy Peri Dial Duke Power
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