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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 17, 1962
Page
2
Editorial contrasts Russian attempts to graft a profit incentive onto a socialist system with US policy. It argues government taxation and unions stifle profits while profitable firms drive growth and employment. It warns that heavy state planning in the United States mirrors Soviet missteps, urging retention of profit motive.
A Union County grand jury probes welfare handling amid a four generation case. A Welfare Board director notes the issue began with state aid and passed through county rolls while some descendants remain on welfare. The panel urges staff to adopt a more realistic program approach to protect public and recipient interests.
The Oak Ridger denounces off the record remarks by public figures at large gatherings. It argues this practice deceives the public, undermines reporter duties, and creates a false impression when private statements contradict public positions.
The New York Times piece argues that government censorship during the Cuban crisis, including Arthur Sylvester's admission of managing and damming the news, taints democracy. It warns that restricting information under the guise of unity harms a free press and informed public, even in crisis.
The High Point Enterprise announces staff roles and advertising, subscription details, and distribution terms. It lists management and department contacts, rate structures for daily and Sunday editions, and notes about home delivery, postal status, and advertising representation.
Ward Cannell reports on Martin Gross findings from The Brain Watchers book. He argues tests fail to capture true personality, misclassify children, and waste resources while expanding use in schools, business, and armed forces.
A North Carolina study group traces a weakness in state banking statutes to the 1953 act removing the public convenience and necessity requirement for new banks, branches, and mergers. J. K. Doughton, a former senior legislator and banker, supports restoring the provision to curb rapid branch expansion and perceived monopolistic practices.
The State Banking Commission paused rulings on branch bank proposals in Bickory last July and Shelby in October amid questions of its authority. A study committee was formed to craft a balanced path between too lax and too restrictive rules while comparing state and national banking supervision. It backed adopting federal criteria from the FDIC Act to judge branches, focusing on financial history, capital adequacy, earnings prospects, management, community needs, and corporate powers.
North Carolina Memorial Hospital official Eurelia Smart recalls the WPA era in High Point when she led welfare efforts amid food shortages and layoff uncertainty. She stood firm against rioting crowds, helped provide groceries, and later pursued graduate work at Columbia University and Red Cross service in the South Pacific. The piece also notes UNC’s national profile, local hospital progress, and Dr. Cadmus’s NC hospital extension efforts tied to the Duke Endowment.
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