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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 07, 1932
Page
4
A devotional note cites Hosea 10 12 urging repentance and seeking the Lord to rain righteousness upon you. It adds Chapin’s view that happiness or misery stems from how one consecrates or desecrates home.
North Carolina bankers protested the Senate tax bill item proposed to raise 95 million dollars yearly by stamping bank drafts and checks. They oppose taxing bank checks and drafts, arguing the fee would burden commercial convenience and harm credit system efficiency during weak business conditions.
An insane Russian killed the French President yesterday after lacking passage money to visit the United States. He planned to strike other prominent figures but failed to reach America. Police view him as a mental case rather than a political operative. The president is dead.
A. D. MacLean former Raleigh tax policy official and current senate candidate told the North Carolina Bankers Association in Pinehurst that some form of sales tax will be needed next year to balance the budget and fund schools. He spoke at a bankers meeting likely invited by the association president, with whom he worked in 1931.
Discussion shifts over form of new levy as supporters press for a general sales tax while opponents prepare convincing substitutes to balance the budget and fund state institutions. Leaders from host associations push for broad coverage, promising a hard battle in the 1935 session.
Brookmire Economic Service map shows better conditions in the Piedmont Carolinas versus other regions with North Carolina’s six month consumer income at 86 percent of last year and 64 percent of the three year average. The Charlotte Observer notes NC outperforms nearby states and that Charlotte and its Piedmont territory sit in a favored position for a rebound. History suggests Charlotte rises when others falter due to steadfast local stability.
The piece notes Charlotte's experience during hard times with a continued influx of new residents. It highlights how economic pressure and housing demand draw people to the city, reshaping its social and urban landscape during the Depression era.
An NYU professor argues 85 percent of modern arithmetic is useless while noting the value of mental discipline. The piece also condemns intrusive magazine salesmen, cites 27 colleges opposing them, and comments on Capone’s tax case and law enforcement concerns.
NEA dispatch recalls Tom Heflin’s five hour Senate floor bid against Bankhead, detailing rants and stories that wasted time, drew Republican sympathy for restraint, and sparked debate over the cost and value of his prolonged speech and possible 1950s campaign implications.
Practical kitchen notes on caper sauce for mutton cream sauces for fish and tomato sauce for veal offer step by step preparation. Recipes include butter flour broth water capers parsley cream and cooking times to blend flavors and improve texture.
A columnist notes that Hoover is not responsible for the stock market slide and argues he did not claim immediate prosperity for months. The remark underscores political blame avoidance and public skepticism about economic recovery.
If fish run low for Hoover’s river, officials might repurpose Wall Street surplus to restock. The idea envisions using available financial reserves to support local fisheries and maintain fishing activity.
The explanation hints that Capone leans toward the outside position in a strategic dilemma, with two elder perspectives on the matter and one side appearing more favorable at the moment. The excerpt underscores shifting political alignments and the debated path ahead.
The Federal Farm Board plans to unload 650000 bales of cotton it purchased at 16 cents per pound. Analysts interpret the move as signaling a market bottom.
The report notes that as negotiations proceed in Geneva the apparent directive to each delegate is to refrain from signing any documents. This cautious stance suggests leaders seek broader agreement before committing to terms, delaying formal endorsements while talks continue.
Hoover told the governors that they must cut down expenses. Now it is their turn to implement savings across state governments.
Analysts say the unusually warm winter in New York kept bears from covering, contributing to a notable slump in stock trading. The comment frames mild weather as a factor in market weakness and suggests broader risk concerns ahead.
The Japanese government wrote off twenty million pounds from a silk sale as part of a drive to stabilize silk prices, illustrating a rapid shift toward Westernized economic policy and market intervention.
New York May 7 The U S Steel Corporation said wages and salaries of employees will be reduced by about 15 percent effective May 15.
Seventeen thousand volumes were burned when the Central Catholic Library in Dublin was set alight. In Victoria Australia new government buildings imitate American design and finish closely.
A dense list of crossword style clues and answers from a patent puzzle page asking for leaders, battles, and terms related to France and World War I. Includes clues like Tiger of France, Raymond, and terms for actions, objects, and directions, presented in vertical and horizontal formats.
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