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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 05, 1972
Page
1
The Enterprise invites readers to contact Action Line for questions or problem solving. Every request is considered, though high volume limits acknowledgment and responses.
A Guilford County Veterans Service official says the G Bill for veteran education aid is in a joint committee to resolve differences after House approval over a year ago. The VA sought 190 dollars monthly for a single veteran, 200 by House, 250 by Senate, with final action needed and a presidential signature.
Letters discuss unpaved Mendenhall Road from West Green Drive to the county line and urge a petition by property owners for paving. A Sept. 11 scraping relief is noted. city engineers may endorse public necessity if a majority supports it.
A reader reports near misses at the Phillips and English corner near a service station with an S H Green Stamps sign obscuring traffic. The building inspections department says sign ordinance corrections were completed on September 25.
AFL-CIO President Meany pressures state labor councils to rescind anti Nixon resolutions and uphold neutrality in the presidential race. Several state AFL-CIO leaders report friction as councils work to back McGovern or oppose Nixon while Meany faces court actions and calls for a trusteeship.
Washington AP reports a broad rise in wholesale prices, with farm products and processed foods up six tenths of one percent and industrial commodities up two tenths. Over 13 months under Nixon's controls, prices climbed 43 percent, while the September index reached 120.2 from a 1967 base. Dr. Marina Whitman notes progress in inflation reduction but warns extending controls to farm prices could spark shortages and rationing.
President Nixon held a 40 minute Oval Office news conference denying any plan for a presidential tax increase in 1973 while warning that congressional overspending could force one. He touted grain deal benefits and defended Watergate probe while promising vetoes against last minute legislation. He pledged to aid the elderly with property tax relief and noted a push to cut burdens on retirees.
Democratic nominee George McGovern attacked Nixon on foreign policy calling it unconscious isolationism. He urged a New Internationalism including recognizing China and withdrawing from Indochina while maintaining adequate defense. He outlined a 13 page manifesto in New York City and Cleveland with emphasis on openness in immigration.
Congress overrode President Nixon's veto on a bill granting 900,000 retired railroad workers a temporary 20 percent pension increase. The House vote was 353 to 29 and the Senate 78 to 5, with the measure set to expire June 30 unless new funding is found.
New York AP reports rising prime rates with Bank of America reaching 5 percent, sparking stock market declines while economists expect no repeat of the 1969 1970 credit crunch. The piece recalls high rates past and their impact on firms, housing, and employment amid Fed restraint.
Alfred C. Baldwin III, a former FBI agent and Marine captain, says he delivered eavesdropping logs to the Nixon committee after monitoring a phone tap in the Democratic National Headquarters. He describes his role, bosses, and the June 17 Watergate entry, detailing targets and communications.
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