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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 27, 1968

Page

3

Soviet profits prompt renewed debate on capitalism and communism

The piece surveys profit sharing in state enterprises in Russia and parallels with Western mixed economies. It notes profits rising 25 percent in profitable state firms and sales up 10 percent, while discussing decentralization, incentives, and the evolving role of government in the economy amid ideological debates.

Russia Jon Enterbes Liberman United States

Gill Denies Banks Favoritism in State Deposits

North Carolina treasurer Edwin Gill rebutted charges by Rep. Sneed High that three banks receive a disproportionate share of state deposits. High cited 87 percent of checking funds with First Citizens, Wachovia, and NC National. Gill said state funds exceed $600 million and most are in federal securities, with 20 percent held in interest bearing CDs across the state.

Raleigh Edwin Gill North Carolina Sneed High D-Cumberland Gill High Fayetteville Ve Co First Citizens Bank and Trust Co North Carolina National Bank Wachovia

Students Convicted In Shooting Court

State investigators arrested three students, ages 17 and 18, following a March 20 shooting at a teacher’s home. Each was fined 25 dollars, ordered to surrender driver licenses for 90 days, and pay part of 250 dollars in damages. The sheriff called it a teacher student incident with no racial overtones and not linked to other attacks on Rev Luther Coppedge.

Robert Lee Webster State Yard of John C. Joyner Alton Parrish Ronalda Robert Speed Luther Coppedge Franklin County

Scott Says Raise Taxes If Needed

Charlotte Lt. Gov. Bob Scott, a Democratic governor candidate, says new education funding sources may be needed if his program requires them. He asserts the current tax structure could support his plan, which includes summer kindergartens and higher teacher salaries, and rejects being placed in any fixed ideological camp.

Charlotte Bob Scott Scott Mel Broghton Charlotte Jaycees

Also Mentioned on This Page

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