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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 05, 1953
Page
4
The article weighs Stalin’s illness and possible death, noting Malenkov as a potential successor and the risk that a weaker grip could push Russia toward war. It warns a new premier might steer toward conflict, while suggesting some hope for eased tensions if a more conservative leader assumes control.
The piece argues for a higher state income tax deduction for charitable contributions to align with federal rules. A House plan would raise the deduction from 10 to 20 percent of net income, potentially reducing state revenue by about 500000 dollars, while a Senate bill would permit a 20 percent deduction of gross income for gifts to religious charitable or educational groups. The text urges timely action to support colleges hospitals and charities as an alternative to federal control of education.
Washington report on Dan Throop Smith Harvard finance professor leading the Treasury analysis staff under Eisenhower. The study argues high taxes blunt initiative and weighs pension plans, stock options, and profit sharing as tools to align executive incentives with long term growth. Smith notes deferred pay can lower taxes and encourage retention, while small firms face higher costs adopting pensions.
Revenue figures for February show a 2.07 percent rise to 287657 dollars in the general fund with most tax lines up despite one fewer business day in a leap year. The budget outlook hinges on March receipts and potential new taxes as the state contemplates balancing the budget and funding a large new appropriations bill.
Big Man Peter Edson calls Interior Secretary Hamilton McKay's political approach a brand of hokum that moves politicians and car buyers. He notes McKay avoids arguing over Truman policies and treats incidents as incidental. The piece commends McKay for judging issues by substance, not noise, calling him excellent cabinet material.
The Journal of Commerce reports consumer credit sales may reach 25 billion dollars by year end. The trend is not considered dangerous because middle and lower wage groups hold a larger share of disposable income than in the past, easing concern over rising debt levels.
In High Point a 48 year old man was arrested for non support of his wife and eight children after a night of drinking. Police found the family penniless with eight children ages 13 to five months eating limited food, the mother stating the husband drank continually and neglected meals. The piece condemns alcohol’s reach into families and recalls a bleak contrast with past decency.
A collection of snips from editorials shows Abraham Lincoln on poverty and votes, a claim about a device called a cosmotron for reassembling split atoms, and a jab at Democrats resigning after gold found. The trio reflects partisan quips and speculative tech talk in early 20th century press.
North Dakota Senator Wild Bill Langer as Judiciary Committee chair attacks Alcatraz, arguing cheaper board costs and potentially cruel punishments. He also moves on ducks, proposing compensation for farmers and urging more duck hunting. A Capitol postcard incident and a Secret Service dash precede Nixon’s breakfast scene as reporter Douglas Trussell leaves the draft after promotion to corporal.
Ohio Civil Defense head George Arnold argues effective government and civil defense curb Soviet power, while noting wartime mobilization would require strong organization and an armament program. He contrasts cabinet wealth with public service.
The PMA within the Agriculture Department is a 106000 strong political machine shaping policy and careers from the grass roots, with critics urging abolition or drastic overhaul. The piece traces PMA origins to a Harold Ware cell linked to Soviet influence and argues the group operates beyond Secretary Benson’s control, inviting congressional or investigative action.
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