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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 15, 1968
Page
1
A reader prompts contact with ACTION LINE at The Enterprise to share concerns or stories. The message invites anonymous or named submissions and offers a channel for discussion or notice submission.
The reader asks about Jackie Mabley known from the Smothers Brothers era, questioning gender and age with claims she is around 70 though billed as 62. The letter connects her to Brevard schooling and a long show biz career since 1923.
A reader reports unsafe crossing at State and North Main due to short signal time. Moss will inspect the light and extend crossing time to suit the new street distance, aiming to fix this and other similar signals.
A. L. Reader promotes black plastic mulch as an effective weed and drought barrier. One large sheet on a prepared seedbed, weighted with stones, covers the garden and allows seeds to be planted through xX shaped holes. Sears and Rex Plastics offer rolls up to 50 by 100 feet and 40 inch widths. For further guidance, Organic Gardening & Farming magazine is available for $5 annually.
The United States raised the discount rate from 4.5 to 5 percent and called an emergency meeting of gold pool nations to curb the gold buying frenzy in Europe. London markets did not open, while Zurich halted trading and Paris kept business as usual. The Senate backed removal of the 25 percent gold backing, freeing $11.4 billion for overseas support, as seven-nation gold pool countries prepared coordinated measures to stabilize exchange rates at 35 dollars per ounce.
In Paris the gold price rose to 44.36 dollars an ounce reflecting local supply and demand. The Bank of France allowed a 7000 franc per kilogram rise to curb demand while London markets suspended operations under government decree. President de Gaulle blamed U S investments for monetary woes and held an emergency meeting with top ministers.
U S and South Vietnamese forces launch Quyet Thang a major offensive from Saigon toward the border with Cambodia with 50 allied battalions. 215 enemy dead 11 U S and 94 wounded. Saigon and Cholon targeted for the search and destroy drive.
The Senate voted 39 to 37 to send the gold cover repeal to President Johnson, freeing U S gold reserves to meet international commitments. The Finance Committee also backed an excise tax bill preserving current rates on phones and autos to curb inflation and reduce the deficit.
Senator Eugene J. McCarthy acts to blunt a possible JFK entry by announcing plans to enter Indiana May 7 and South Dakota June 4, aiming to lead in 9 of 15 April to June Democratic primaries. Kennedy aides warn of a split in anti Johnson sentiment if he runs.
Economists explain the impact of a rising gold price from 35 dollars an ounce. A devalued dollar would not alter home pay, housing, cars, or real estate purchases, but imported goods could cost more. Hoarders and speculators would profit immediately if gold sells higher, while others fear disrupted world trade.
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