16 Mar 1976
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 16, 1976
Page
1
In a surprise move Prime Minister Harold Wilson, aged 60, said he will resign once Labor MPs choose a new leader. A special meeting was called, with the resignation not necessarily triggering a general election.
President Ford nears another North Carolina campaign swing for the Republican primary with stops penciled for Charlotte Asheville Raleigh and Hickory though campaign managers cast doubt on some cities and times White House to announce plans soon Reagan maps a dense route including Greensboro Fayetteville Hickory Morganton Winston-Salem Durham Charlotte Salisbury Lexington Asheboro and North Wilkesboro with airport stops and rallies through Saturday and Asheville dinner before a longer stay.
A Lexington truck driver questions why a Virginia sheriff speeding at 75 to 80 mph was not cited for reckless driving after a chase by a North Carolina highway trooper. Davidson County patrol confirms citations list names and violations but not occupations.
Washington AP report notes rising heroin addiction nationwide though not yet at late 1960s peaks. The National Institute on Drug Abuse cites an estimated 250,000 to 500,000 active users not in treatment, with most indicators rising. The institute released a trend report using data from medical examiners, emergency rooms, hepatitis cases, street price and purity, arrests, and treatment admissions.
A Raleigh News and Observer poll of 563 North Carolina Democratic voters on March 12-13 shows Jimmy Carter at 31.6 percent, George Wallace at 20.9 percent, and Henry Jackson at 15.0? percent with 26.9 percent undecided. The survey, by Dr Walter DeVries of Duke University, estimates a 5 percent margin of error and reflects results after the Florida primary but before Jackson ended campaigning in NC.
Reagan faces a weak fundraising picture with a February deficit of 490000 and 949212 cash on hand offset by 27565 debts. Ford shows 949212 cash and 27565 debts while Reagan's February receipts total 750000 from private sources plus 1088 million borrowed. State by state outlays favor Reagan early, but mounting defeats may hurt future fundraising. On the Democratic side Carter led in private fundraising with 401130, Udall 208061, Jackson 104207.
In Illinois the test centers on Gov Daniel Walker and Secretary of State Michael Howlett as Daley loyalists back Stevenson while Daley seeks to command the Chicago delegation. Carter leads in presidential preference, with Ford Reagan and others in the mix as 96 Republican delegates and 155 Democratic delegates are at stake. Daley aims for 100 plus delegates to solidify his influence and leverage a strong Chicago slate.
Federal regulators proposed rules allowing bank depositors to authorize automatic transfers from savings to checking to cover overdrafts or maintain minimum balances. Depositors could avoid overdraft penalties but would forfeit at least 30 days of interest on the transferred amount. For example, a $500 transfer from savings to checking would incur 2.08 in interest foregone for 50 days at 5 percent.
In Raleigh AP reports Democratic presidential primary contenders present vague tax reform proposals. Alabama Governor Wallace urges higher exemptions and closes loopholes while taxing foundations and church property. Carter criticizes the system and favors broad reform without a cut.
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