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Newspaper
Raleigh Register
Location
Beckley, West Virginia, United States of America
Date
May 04, 1971
Page
2
A brief motivational quote from Joseph Storey former associate justice of the U.S. Supreme Court. It encourages belief that mastering small tasks builds capacity for larger ones. The message emphasizes gradual growth through proven competence.
The Civil Aeronautics Board chief says too many seats and not enough travelers plague airlines, just as a 6 percent fare hike takes effect and a possible 3 percent rise later may boost revenue. Critics fear higher fares will curb demand while reform allows pricing below the max.
Pittsburgh based industry outlook from James W. Wilcock of Joy Manufacturing projects coal as a long term energy backbone. He cites 1.3 trillion tons of proven coal reserves and a rising demand driven by electricity growth and more mining jobs to meet 200 million tons annual output.
The 300th anniversary of John Law, the Scotsman who founded paper money, is noted. Law boosted France's economy in 1716 with paper currency but caused inflation through stock speculation and the Mississippi Bubble, ending in his flight and death in Venice in 1729.
NEA report warns that private colleges and foundations hold about 8 and 16 billion dollars in securities across major firms. A coordinated vote by educational investors might press for social objectives, potentially altering profits and funding for universities dependent on these corporate shares.
UPI dispatch notes Pakistan’s role in CENTO with Türkiye Iran and Britain as CENTO partners. Rogers may face questions on U.S. aid to the Pakistan central government amid East Pakistan unrest. State Dept confirms Pakistan receives about 2.5 million dollars yearly in non lethal ammunition aid.
Senator William E. Brock III contends Nixon can secure a majority of new young voters in 1972 by focusing on issues appealing to voters across age groups. The Tennessean Republican emphasizes pragmatism and conservative policy.
E M Clark headlines a class of eleven Sunday School teachers graduating from an international course for Central Street Baptist Church in Sylvia. Prof Byrd Prillerman delivered the principal talk as the first graduates produced by any county Sunday School.
The Virginian Railroad completes another modernization phase at Elmore terminal with a new 28000 yard office and trainmen's building this week. Guests include Mrs Lizzie Young and Mrs Fannie Wheatley from the first local W C T U chapter organized in 1908, honored at the meeting alongside Mrs J H Dunn and others.
Horace Greeley’s advice to go west is replaced by go south as Bob Kent, former Beckleyan, moves toward a major Atlanta coliseum project. Kent, a storied sports figure, rose from Beckley to Fayetteville and Greensboro shaping arenas and promoting events before heading to Atlanta in 1971.
Bob Kent built Greensboro Coliseum into a self funding venue by aggressive booking and promotion. He then moved to Atlanta to run its new coliseum, the project rising from political rifts and a former city dump site toward a promising financial future. Kent’s leadership earned him a national reputation as an arena genius and a pivotal role in Atlanta’s venue history.
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