29 May 1976
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 29, 1976
Page
1
The United States and Soviet Union sign a pact for peaceful nuclear explosions with on site inspections. Ford and Brezhnev announce the agreement, aiming for Senate ratification amid election concerns and potential two thirds opposition.
Jimmy Carter closed his Ohio campaign swing by boosting his fund-raising with about 120000 from a Youngstown luncheon and a plan to spend at least 200000 on Ohio media. He criticized Morris Udall for personal attacks in ads while Udall defended Ohio radio spots as within bounds.
A federal judge issued a two week restraining order delaying new regulations that would have cut more than 1.6 million food stamp recipients. Officials warn funding could run dry by September, risking wider benefit reductions without new appropriations. The ruling keeps the program intact until a June 15 hearing on a preliminary injunction.
Winston-Salem AP report states three top R J Reynolds officers resigned amid a probe into a secret political fund possibly totaling up to 90,000 dollars. The fund covered domestic contributions 1968 to 1973 with overseas payments around 100,000 dollars. Sea-Land rebates and penalties also surfaced. Company officials said four men offered to reimburse misused corporate funds and that investigations involve internal staff, two law firms, and independent accountants.
Filing ends with numerous contests across state offices. Republican Gov Helshouser's aides join GOP slates for Council of State posts while incumbents face primaries. George Little seeks insurance commissioner, Edward Powell challenges Edmiston, J Howard Cobb targets state treasurer, Kirk runs for superintendent, Roberson and Spaulding enter races, and other nominations unfold.
Rep Wayne L Hays delays comment on resigning from his House Administration Committee post amid a grand jury probe into a personal relationship with Elizabeth Ray. He and wife Pat appeared at a Belmont farm in eastern Ohio avoiding questions, stating lawyers advise silence.
Economists estimate correcting a 1972 funding formula flaw could cut roughly half of Social Security's projected deficit. The mistake ties automatic cost-of-living increases to all future benefits, causing current beneficiaries to gain once while future retirees may gain twice. Experts warn of higher payroll taxes if unaddressed.
A meteorologist warns odds of a major hurricane hitting North Carolina this summer are increasing. Authorities note rising coastal development and population since 1960 heightening flood and storm risks, and urge preparedness and clear warning to tourists. Emergency plans include vertical evacuation and targeted building protections along tricky shelf geology.
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