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This newspaper page contains 3 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 22, 1968
Page
5
The piece notes gold crises, IMF actions, and inflation driving higher US prices. It warns slowed business, reduced demand, and a sluggish stock market. It contrasts with 1934 recession and mentions the Fed and deficit concerns.
President Johnson urged a national austerity program at a National Farmers Union event in Min prone. He described cuts of 3 to 4 billion on federal programs and tighter credit rules amid rising interest rates and potential job and welfare reductions. The remarks foreshadowed higher taxes on investment income and possible capital flight.
Citizens urged to donate unused coins and accumulations kept at home to the public appeal. The notice requests coins subject to loss by theft or fire, promising a high offer in return.
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