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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 08, 1971
Page
3
A reader asks about city tag sales and Halloween celebrations. Mrs. Marshall of the Motor Vehicle License Agency reports 834 city tags sold from Aug 27 to Sept 28. The Parks Department says Halloween celebrations will take place on Saturday, the 30th.
Q about foil under burners asks if it risks electricity. E H A T R Pettyjohn says wrap reflector pan with no loose ends. opening must stay for air circulation. Q asks about bicycle lights reflectors night laws. city code requires front white light visible 500 feet and rear red light or reflector visible 50 to 300 feet. Q asks about consumer protection credit bureau rights. explanation of open files and identification, charges only for ordinary inquiries. Q seeks Pioneer Club contact in Archdale and Archdale Pioneer girls guidance for shut ins.
The White House outlines a revised Phase 2 plan aiming for 2 to 3 percent price inflation by end of 1972. It emphasizes flexibility and equity, avoiding zero inflation, with a participatory approach and limited bureaucracy. Some prices will still rise or fall, and raw agricultural products remain excluded.
President Nixon outlines a second phase using wage and price controls with voluntary cooperation to target a 2 to 3 percent annual rise. He proposes a Pay Board and a Price Commission, keeps profits unregulated, and seeks authority to curb rates and dividends as needed. Reactions are cautious as Congress weighs extending the stabilization act and drafting implementation details.
Washington reaction to Nixon Phase 2 mixed with cautious approval from Walter Heller and business leaders like A W Clausen and James Roche. Labor voices were restrained though Albert J. Fitzgerald condemned the plan, while Sen Humphrey and Rep Patman offered measured support and questions about wage and price controls. Wall Street reactions were divided with optimism on lower rates from Monte Gordon of Bache & Co.
Four fire fighters died and two were injured when a two day old brush fire surged and trapped them on a ridge near Santa Barbara California. The blaze has charred over 3500 acres and destroyed seven homes as embers carried by wind sparked a firestorm that overtook the crew.
Washington reports a slight drop in unemployment to 6.0 percent with total employment up on a seasonally adjusted basis, though actual employment fell 1.4 million due to schooling youths. Average weekly earnings declined 27 cents to 128.76 dollars, amid shorter work weeks and lingering weak demand.
Staff Sgt. John C. Sexton Jr., 23, of Warren Michigan, was freed near Loc Ninh after more than two years as a prisoner of the Viet Cong. He walked barefoot to a allied base, carried a scratched map, and was hospitalized at Long Binh.
Two Senate Finance Committee Democrats, Senator Harris of Oklahoma and Senator Hartke of Indiana, with colleagues, urged revising Nixon's tax cut to favor individuals over plant and equipment purchases. They proposed redirecting 6 billion in benefits to lower income brackets, boosting Social Security by 20 percent and doubling the personal exemption, while acknowledging possible votes hurdles.
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