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This newspaper page contains 21 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 07, 1932
Page
4
The article critiques federal efforts to curb hoarding via Baby Bonds while outlining alternative monetary tools. It argues hoarding remains stubborn and questions the impact of anti hoarding campaigns, noting inflation risk and policy options like Glass Steagall and liberalized Fed lending without triggering more hoarding.
The piece notes the President and Mellon exiting fiscal duties while Congress raises deficits with large appropriations. It warns the gap between expenditures and income will widen, predicting a bigger shortfall than the President’s earlier estimate and doubts about tax funding.
The article questions whether Congress expects a resumption of European obligations to the United States after a one year moratorium. It notes an anticipated inflow of over a quarter billion from Europe but warns it will not balance budgets.
An obituary style report notes the suicide of Thomas R. Mackey, once well regarded for intelligence and conversation, who drowned in a pan of water after leaving a terse note about illness and poverty. The piece condemns breadline hardship and calls for societal responsibility in a rich nation.
North Carolina faces a tax clash over a six month school term draft on real estate while forest fire losses from 1931 reach 4.786 million dollars. The State reports show unprotected counties suffered far greater damage, with 12.5 million acres unprotected and only 4.12 percent burned there versus 11.27 percent in non cooperating counties.
The piece explains short selling how it works and its potential abuses while discussing a federal kidnaping law linked to the Lindbergh case. It argues for cautious action, noting the need to curb abuses without inflating fatalities in kidnapping prosecutions.
A historical look at the Shanghai clash notes Japanese air superiority with frequent bombing totaling over 900 bombs before early month. Yet Chinese defense held longer than experts expected, suggesting the foot soldier remains decisive even in modern warfare.
The dramatic critics summoned to Washington by lawmakers are veterans of stage burlesque and should adapt to the seriousness of congressional investigators.
Opinion notes voters crave clear accountability and asks leaders to name the individuals responsible for proposed actions rather than outlining plans. The piece argues that specifying who will implement policies improves trust and decision making.
Pat Hurley criticized congressmen for hoarding resources as he spoke out in a heated session. He claimed officials delayed relief and bottlenecked aid, demanding faster action and accountability from lawmakers.
The Japanese government has contracted thousands of tons of beans from Mexico. If the beans are Jumping Variety, the Japanese may face diversion from actions regarding China.
After road shows started heading to the hinterlands, egg prices increased. The shift in travel routes appears to influence supply and consumer costs in nearby markets.
Aimee McPherson and her husband intend to move into a penthouse to be closer to the stars. The question is why they would not relocate to Hollywood.
Report notes a gangster funeral required five cars to transport flowers while only one car was needed for surviving gangsters. The terse account highlights the contrast in funeral arrangements and the presence of remaining gang members.
Coolidge asserts the public should govern themselves, while critics fear popular empowerment. The remark frames a clash between citizen authority and political caution as an election looms.
Mr Raskob states Hoover is wet while Senator Borah declares the president dry, leaving the dispute seemingly settled as public comment ends.
A veteran politician once seen carrying water in both hands now holds water in one hand and liquor in the other, signaling a shift in persona or stance. The remark highlights perceived compromises or misdirection in public life.
Aristide Briand, prominent French statesman, dies aged 69 after a long public career. Born May 28, 1862 in Nantes, he rose from tavern-keepers’ son to premier and foreign minister, guiding policy through war and postwar diplomacy. He faced health decline at Cocherel while debates over his succession unfolded.
H. C. Klingen schmitt, 27, an electrical engineer with Duke Power, was killed after touching a high tension wire at the company’s plant. A UNC graduate and native of Lockport, New York, he worked at the Burlington facility.
Wake county grand jury returns presentments charging Magistrates O J Cherry C P Rogers J C Matthews H A Bland J M Whitley E H Ballentine and EB House with malpractice in office in Raleigh.
A historical survey of Randolph and nearby counties notes extensive gold and silver mining from early periods through the Civil War era with major mines such as Black Ankle Saprolite and Hoover Hill. It details legends of Captain Kidd, ore developments, recent shipments, and ongoing exploration in Montgomery and Davidson counties, including Iola, Sedberry, and other mines.
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