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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 22, 1967
Page
3
A stark reflection by English novelist Somerset Maugham: the deepest tragedy is not mortality but the loss of love, a concise philosophical line about how love governs meaning and human connection.
The fight over where to place a new High Point post office threatens a timely, much needed facility as two favored sites face dissension. GA official says timing and funds are secondary to site choice while Congressman Kornegay pushes for rapid selection to avoid losing ground in the national post office queue. Time is running, and any delay could hinder construction.
In Chapel Hill a university town view from Memorial Hospital notes fall changes and a community calmly faces Jesse Helms attacks on UNC. The piece highlights the hospital staff, the journalism foundation, and a long association with Chapel Hill, praising integrity, simplicity, and the town’s blend of town and gown.
U S District Judge Wilson Warlick warned that rights are in jeopardy in the United States citing a surge of crime and lawlessness. He urged strict law enforcement while stressing citizens must meet responsibilities of citizenship to uphold the Constitution and American way.
Editorial notes the IMF governors from 106 nations gather in Rio de Janeiro to review a London approved plan by the Group of Ten introducing the special drawing right. SDRs would supplement gold, be distributed by IMF quotas, and aim to expand world reserves without gold hoarding. The United States holds just under a quarter of SDRs.
The proposal would let countries use SDRs to buy creditor currency from IMF and meet obligations. Nations could average 70 percent of SDRs over five years without repayment, but excess use requires them to purchase foreign exchange with their own currency for creditors. President Johnson hailed SDRs as a major step in IMF cooperation, yet passage depends on IMF approval, ratification by member governments, and possible delays beyond 1969. Critics warn major powers may resist, risking a stalled reform if balance of payments deficits persist.
Drew Pearson reports on a distracted Congress with Easter, Fourth of July, Labor Day breaks plus long weekends. He highlights the Appalachia relief bill, GOP opposition from Rep. Cramer, and a surge of absentee Democrats voting against funding while away. Also mentions British MPs meeting Rusk and his take on Vietnam bombing versus Chinese intervention risk.
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