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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 26, 1933
Page
4
A religious quotation by Beecher on God’s love and mercy as the great lever to save the world. It cites Mark 10 24 comparing wealth to entering the kingdom of God and emphasizes spiritual over material wealth.
The article weighs who should head the federal public works program in North Carolina. It favors an engineer with a state-wide view, possibly an academic candidate, to avoid entangling alliances. It surveys proposed uses of funds including highways, parks, water purification, flood control, and slum clearance, stressing thoughtful, project-imaginative spending over mere money influx.
Robert W. Madry head of the North Carolina University publicity bureau was chosen president of the national association of college publicity men at Chicago last week. The award reflects state editor recognition of his work and the standards for college publicity agents.
The passage praises Mr. Madry for providing spot news from Chapel Hill, noting his copy is often brief and valued for propaganda value by department heads. It asserts his output, though limited, is acceptable and that his election as president of the national association marks a marked exemplar of college publicity work.
Drought worsens farm prices as rainfall falls by 11 to 12 inches in the state's drought region. Crops wilt and stunt with fruiting hampered, blackberries die before ripening, and peaches in the sandhills face drastic yields. If dry weather persists, crop surpluses may disappear in this area.
Vanderlip urges a new banking system with mutual savings banks without stockholders or dividends. Officers would be chosen by the Federal Reserve Board, loans self liquidating and rediscountable at Federal Reserve banks, reducing runs and improving liquidity. The Fed would balance loans and deposits, enhancing access to credit for commerce.
The speaker argues for a new banking system that properly grafts onto ordinary banking and handles 35 billion in real estate mortgages. It proposes a separate institution for issuing corporation securities, startup funds for a mutual bank, and non voting organization stock to cover initial overhead with limited dividends and a two year expense window.
Bruce Catton argues that London talks of concessions while clinging to policies but warns the conference could still fail without compromise. He notes the wartime debts currency issues and armament limits as sticking points while praising reforestation gains and the forest army’s tangible relief benefits.
Washington dispatch notes the conscience fund exceeding $600,000 with no record showing a J. P. Morgan contribution. A domestic mystery unfolds as a tired daughter still dances late while Chicago prepares noiseless streetcars, signaling a potential crackdown on rackets.
Washington report notes the National Depositors' Committee led by Frank H. Schrenk and A. Mitchell Palmer demands 100 percent reopening of restricted banks with government support and a 60 percent payoff for depositors in closed banks. Delegates from 130 banks in the Philadelphia district urge action to aid 20 million depositors amid unemployment and mortgage distress. The group seeks release of prime assets by the R F C and liquidation of assets at 1926 values with lending up to 80 percent.
Norman H. Davis United States ambassador at large left his New York home to board a train for Boston and then travel to the Amberjack II yacht to confer with President Roosevelt. He said he did not know when he would depart and was awaiting advice from a presidential secretary. Davis had just returned from Europe.
Eastern North Carolina saw several fatalities on Sunday as a car near Edenton collided with a Norfolk and Southern train killing Strauss Street and Fred Stephenson, both Virginians. A Washington to New Bern bus struck another car, killing Kathleen Warren and injuring five others, including Herman and Walter Bowers with skull fractures.
Dr Morris Fishbein reports on a Drexel Institute study of 883 students showing 10 percent had tooth decay and 20 percent had root infections. X rays proved decisive in identifying infections and linking dental foci to systemic issues, underscoring the test’s necessity when infection is suspected.
United States Senator William E. Borah of Idaho underwent a prostate operation at Johns Hopkins Hospital in Baltimore. Dr. Hugh B. Young performed the procedure. Condition not considered serious. Borah had entered the hospital last week for his annual health check.
A Nazi decree targets the Deutsche Allgemeine Zeitung for mild criticism, forcing the paper to obey regime dictates or face a three month ban. The article notes Hitler's Austria link with Dollfuss and cites broader press control by the regime.
Nearly 2000 workers in three textile plants in Rock Hill are idle after a last minute breakdown in a settlement of a strike. The 800 workers at the Industrial Cotton Mill refuse to report for midnight shift citing unmet terms. The Rock Hill Printing and Finishing company and Wyomjo yarn mill also face stoppages.
Winston Salem report states Bel Quinn of Asheville was exonerated by a coroner's jury in the death of Miss Lizzie May Carter of Advance who was killed when her auto crashed.
The Carolina conference and camp meeting of Seventh Day Adventists closed its 10 day session here last night.
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