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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 15, 1970
Page
4
A White House task force urges no strings attached federal grants to cities, endorsing Nixon revenue sharing. It criticizes over regulation and under funding of the Model Cities program while backing streamlined procedures and faster activation for urban renewal efforts.
The piece notes a third major school struggle following desegregation and teacher strikes. In Washington DC a federal judge finds a funding gap that gave white neighborhoods 31 percent more per pupil than the city average, amid a nationwide push to equalize education spending. Suits spread to Detroit Los Angeles and San Antonio as Nixon signals focus on equalization over desegregation.
The West German Soviet renunciation of force treaty signed 15 years ago shows early fruits with Le Monde reporting autumn trade talks in Moscow and West Germany as major supplier to the USSR. Brezhnev and Crankshaw note urgency amid China threat and Soviet economic weakness while Berlin remains a sticking point.
A heated battle over a bank holding company bill shows lobbyists swarming Capitol Hill while key senators tilt toward banking interests. Proponents led by Wright Patman push for strong regulation, but Senate actions weaken the measure, exempting over 80 percent of one bank holding firms from oversight.
The Williams amendment exempts 34 bank holdings including Sperry and Hutchinson from a bill amid fierce lobbying by bankers and independent insurance agents. Tensions rise as lobbyists threaten and retaliate while Sen Williams defends his position and faces accusations of aiding defense spending.
A Taylor of notes in High Point details wind imagery and a plea for progress funding to unlock growth. The column recalls Burlington Industries’ Oxford plant opening, a young heart patient’s death, and the High Point Fair, plus civic talks with Highway officials and church revivals.
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