High Point Enterprise Newspaper Archives Sep 12 1976, Page 9

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High Point Enterprise (Newspaper) - September 12, 1976, High Point, North Carolina High Point Enterprise sunday september 12. 1976 9agubernatorial Runoff candidates present Choice by Robert b. Cullen associated press writer Raleigh a the two candidates in tuesday s Runoff primary for the Republican gubernatorial nomination offer gop voters a Choice both of style and substance. David t Flaherty 48, is a transplanted bostonian who broke into politics via the Broyhill family s Mountain Republican interests and then served in the administration of gov James e Holshouser for three years Flaherty came to North Carolina to work for the Broyhill furniture Industry. He became a state senator and was tapped by Holshouser to be Secretary of a human resources administering programs ranging from welfare to Public health. Coy Privette comes from a different base and a different tradition he was born in Statesville and played football at Wake Forest University his nose bears testimony to the fact that he played Interior line before helmets had face masks. Privette went on to the Baptist ministry and his Entrance into politics was via the North Carolina Christian action league in 1973, he led the league s successful Campaign against liquor by the drink he has since sought to make his political base among the Gopas conservative Wing but in the first primary Privette failed to attract the support of the voters who gave Ronald Reagan his first Victory Over Gerald Ford last March in 1p David Flaherty toy Privette Flaherty came tantalizingly close to attaining the 50 per cent majority he needed to win the nomination out Cut heating costs with a Cli Matrol heat pump air conditioner save on Cooling too use nature s heat to warm your Home. And use a super efficient Cli Matrol Cli Mator la heat pump air conditioner to capture the heat always available outside and bring it indoors for you. You la enjoy Superb Comfort All Winter with the Cli Mator la and save Money too it gives you More than twice the Btu or heating than a straight electric system. Summer Cooling Bonus. In the summer you get Cooling from the same system no additional equipment is required highly efficient whole House Central air conditioning is yours with the Cli Mator la heat pump. You get heating and Cooling at lower costs with the Cli Mator la heat pump. Its Superior performance is due to its rotary compressor a Marvel of simplicity and efficiency designed specifically for heat pump operation. The Cli Matrol 333 3-30w-j0 heat pump combined with indoor air handler 334 i-36x1,0 uses 3joo Watts at 470 outside temperature to provide 31,000 Btu or of heat. The same number of Watts of electric heat will provide Only 12,628 Btu or. Cell Matrol Mueller Cli Matrol corp local distributor Southern Metal Supply company inc. 1537 n. Main High Point phone w2-4pi8 of m7-1133. Right he was shy by 264 votes Privette far Back in second place with 32 5 per cent refused to quit. He called the Runoff in Hopes that with the presidential contest ended he could attract the attention and support of the conservatives who failed to vote on August 17, when less than 19 per cent of the eligible republicans went to the polls both men Are Bluff gregarious extroverts who have to watch their weight. And there Are areas of agreement Between them on the issues both for example support the idea that some governmental constraints must be put on the development of land in environmentally sensitive areas both say. Howver they want More local control Over the regulations than the state presently allows both have been vociferous in their support for Tough measures against criminals both support the restoration of the death penalty. A i support the death penalty for moral and ethical reasons a Livette said both have proposed numerous ways to make sure that criminals spend More time in the state prisons neither has offered a definite plan for alleviating the overcrowding that already plagues the system both say that they will run state government without raising taxes for the next four years even though they have pledged to give Cost of living pay raises to teachers and state employees if the Money is available. For Privette that is a changed position two years ago As Leader of the Chris Tian action league he supported a tax Reform package that would have increased upper bracket income taxes and repealed the sales tax on food he has abandoned that idea now Privette favors a package designed to Appeal to businessmen. It includes repeal of the intangibles tax on savings accounts and accounts receivable and a phased removal of the inventory tax Burden on merchants and manufacturers Privette would also increase the inheritance tax exemption from $10,000 to $60,000, a move he said would Benefit Farmers who have difficulty passing their land on to their heirs intact. Those measures would Cost about $60 million in the first year and Privette has never spelled out How he would make up for the lost Revenue in the Long run. He said the lax cuts would stimulate the state s Economy to produce More sales and income tax revenues if taxes had to be raised because of some unforeseen circumstance Privette said he would recommend increasing the levies on a nonessential items like liquor and tobacco Flaherty s tax proposals Are More modest he said he would like to see the in tangibles and inventory taxes repealed but Only if the Money is available he refused to talk about How he would raise taxes if it became necessary. A that s an iffy question a he said perhaps because of his experience in presenting legislative proposals to the general Assembly Flaherty has produced some detailed position papers during his Campaign his stand on Public utilities includes nine Points several of them dealing with specific changes he would make in the state Law if the general Assembly would agree. Those changes include changing the electricity rate Structure so that High volume users and users during Peak hours pay More per kilowatt instead of less revival Pine Grove Baptist located 3 Miles East it Archdale in Loop re. Just off $2 september 13-19 Pra Eckof Lech evening at 7 is by Bobby Loving Mon. Bro. Moio Jackson twos. A Sun. Special singing each evening Lilly Mcoaniel song Leader everyone is Welcome Franklin Fox pastor announcing inn i a in to. Maze jag evangelist Are you sitting on Haro pews add a pad ii not a loot Cathion that will tilde and move from under you i t a permanently attached Cut bion Uteg poly loom covered with Nylon fabric Cheven for Church furniture add a pad can be metalled without interruption to Church act vital the fabric. Comet in a Choice of Mony Colon open pm lit s p in men a hrs Hiday a a a night of a the Vernon equipment Nve company inc 312 new St. Phone iis-4615 Loti Given two amazing savings plans for your future. You can save $100 a month for 15 years then withdraw $100 a month or even $200 a month for the following 15 years and still have some Money left Over. Great Way to insure a happier future for you and your family. Here Are two plans that can make your dreams come True. There Are no a Fine print. Aii you have to do is make up your mind that you done to want to a sweat it for the rest of your life. Then dig into the family income and put aside $100 a month for the next 15 years in a Safe hard working savings account at perpetual savings and loan High Points oldest financial institution. Everyday during the 15-year-period, your earnings Are added at our annual rate of 5v4%, compounded daily. And the Money you earn today earns interest on and on. After 15 years of saving you Start spend ing. For the next 15 years you withdraw Hoo a month from your account. And believe it or not after 15 years of withdrawing $100 a month you la have $32,244.98 twice As much As you deposited in the first place. If after 15 years of saving $100 a month you Start withdrawing $200 a month you la still have $4,916.93 left in your account after 15 years of spending. Ifs like doubling your then some. Its the magic of daily compounding at perpetual Stop 54% passbook rate. Give it a try. It May be the happiest thing that Ever happened to your future. 15 years of saving 15 years of withdraw Ng-1 of to. 15 years of withdrawing to. Year no amount moved y Sally earning added while saving total in account tin my amom.1 we. Or we thirty in Impi added he Whit. Withdrew total to Arrau. I year no amount withdrawn yearly i or rung added even while withdrawing total m account i 1,200.00 35 62 1,235 62 i 1,200 00 1,415 36 27.674.39 i 2 400 of 1.387 69 26 433 87 2 1,200 of 102 22 2,537 84 2 1,200 00 1,426 97 27,901 36 2 2 400 of 1,332 93 25 366 80 3 1.200 00 172 41 3,910 25 3 1,200 of 1,439 20 28.140 56 3 2 400 00 i 275 21 24.242 of 4 1,200 of 246 38 5,356 63 4 1,200 00 1,452.10 28 392 66 4 2,400 of 1,214 37 23.056 38 5 1,200 of 324 34 6,880 97 5 1,200 of 1.465 68 28,658 34 5 2.400 of i 150 24 21 806 62 6 1,200 of 406 50 8,487 47 6 1,200 00 1,480 00 28,938 34 6 2 400 of 1.082 63 20,489 25 i 1,200 of 493 09 10,180 56 7 1,200 00 1.495 10 29,233 44 7 2 400 of 1,01 i 37 19.100 62 m 8 1,200 of 584 35 ,964 91 8 1,200 of 1,511 of 29,544 44 8 2 400 of 936 26 17 636 88 9 1,200 of 680 53 13,845 44 9 1,200 of 1,527 77 29,872 21 9 2 400 of 857 08 16 093 96 to 1,200 of 781 89 15.827 33 to 1.200 of 1.545 43 30,217 64 to 2.400 of 773 62 14 467 58 11 1,200 of 888 71 17,916 04 11 1,200 of 1,564 05 30,581 69 i i 2 400 of 685 64 12,753 22 12 1,200 of 1,001 29 20,1 17 33 12 1,200 of 1,583 67 30.965 36 12 2 400 of 592 92 10.946 14 13 1,200 of 1,119 94 22 437 27 13 1,200 of 1,604 35 31,369 71 13 2.400.00 495 16 9 041 30 14 1,200 of 1.244 99 24,882 26 14 1,200 of 1,626 15 31,795 86 14 2,400 of 392 12 7 033 42 is 1,200 of 1,376 77 27,459 03 15 1,200 of 1,649 12 f32,244 98 15 2 400 of 203 51 4 916 93 ill in. Int i us. Tim these figures Ore protected at 5-1 4% a year compounded daily t my. Wim lilt. Him a it my my win is ,.wi w Ulm l the saving Sand loan association a 48 North main in hic2m Roi it a 3033 South main in Archdale a Westchester mall High Points oldest financial institution a it 6

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