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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 24, 1966
Page
4
The 89th Congress is labeled costly and overextended though it pushed a broad tax bill and welfare programs. War concerns in Vietnam and race relations shaped debate as lawmakers adjourned amid accusations of last minute lobbying and a strained balance of power.
Treasury Secretary Henry Fowler told a Hot Springs Business Council session that recession is unlikely if Vietnam hostilities end. He warned abrupt defense cuts could cause major dislocations, while possible Soviet rapprochement might trim 30 billion dollars in spending. He urged maintaining balance amid turbulence.
Editorial notes a broad protest against rising food costs, led by Denver housewives and echoed in other cities. It cites political backing from Colorado Democrats and candidates, possible FTC report delay, and mixed effects on prices as merchants respond with price cuts.
Johnson held two confidential talks before Manila summit talks. Eisenhower explained his nuclear policy while warning against over use. Humphrey and Goldberg urged a cautious course to preserve thaw with the Soviet Union and avoid escalating Viet Nam. Chinese documents show Kosygin sought a US exit from Viet Nam. Johnson awaits Gromyko guidance and Kremlin hints on peace efforts.
Fall market activity shows buyers willing to spend at slightly higher prices, with demand robust across the country despite housing starts slowing and higher costs. Local efforts improve parking around the Exposition Building for Sears, while longtime local figures like Marguerite McClure and Anvil Brand enhance community events and a new choral group grows to enrich Christmas appeal. A notable elderly couple at the Presbyterian Home honeymooned after a long romance, with best wishes for their future.
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