Sharing The Cake Reveals Real Profit Shares Of Big Business
A study by the American Economic Foundation analyzes 1963 data from the 100 largest U.S. manufacturers. Of $157 billion in sales, $81.4 billion went to suppliers, $42.3 billion to payroll, $7.6 billion to depreciation, and $14.9 billion to taxes, leaving $10.8 billion for profit. Owners received $3.6 billion in dividends and $4.8 billion was reinvested, showing owners’ take is modest, and less than half of government taxes.
MENTIONED IN THIS ARTICLE
American Economic Foundation
United States
Great Society Plans 25 000 Summer Jobs At Taxpayer Expense
Rep Richard L Roycebush cites a federal drive to hire 25 000 youths this summer at $1.25 per hour with no civil service exams required. Critics call it featherbedding and question the need while April adds 11 599 new federal employees, signaling growing government payrolls.
MENTIONED IN THIS ARTICLE
Richard L. Roycebush
Indiana
Great Society
Sen
Post Office Deficit Prompts Parcel Post Rate Reform
An advisory panel says the post office faces a yearly deficit of about 762 million dollars despite recent rate hikes. It urges broad rate increases, arguing parcel post, a predominantly commercial service, should be adjusted to cover all direct and indirect costs. The suggestion may spark controversy due to basic mail services kept for public enrichment.
MENTIONED IN THIS ARTICLE
Parcel Post
Express
We Are The Saps From Information Debated in House
In a House debate on the 83.3 billion dollar foreign aid request this year it was disclosed that the United States has not been compensated for the 560000 dollar Cairo USIS library damage. USIS plans a new library while Egypt under Nasser seeks to use excess American currency to rebuild the burned facility. The State Department may approve the request unless Congress intervenes.
MENTIONED IN THIS ARTICLE
United States
United States Information Service
Cairo
USIS
Nasser
Egypt
State Department
Congress
Uncle Sap
How Silly Can We Get Washington satire
A Washington DC article notes the State Department held a wine tasting for new diplomats and decided to let all recruits take it before departing for embassies. The piece mocks the choice, suggesting more useful courses like how to save taxpayers money.
MENTIONED IN THIS ARTICLE
Washington, D.C
State Department
Road to 184% and the politics of honesty and profligacy
A reflective note on governance citing Supreme Court Justice Joseph Story. It laments how republics decline when honest, thoughtful leaders are sidelined and corrupt flatterers gain power, arguing society has drifted from principle toward expediency.
MENTIONED IN THIS ARTICLE
Supreme Court
Joseph Story
Growth Stocks and Bonds Hedge Against Inflation
A reader questions switching from Series E to Series H and argues stocks offer better inflation protection. Roger Spear explains yield and payout patterns, noting Series E compounding semiannually while Series H pays different returns. Discussion covers risk, retirement income, and comparing bonds with stock dividends for long term inflation hedge.
MENTIONED IN THIS ARTICLE
Roger E. Spear
Believ
Spear
WRR
Gen
Fea. Corp
The Inside Report No Way Out Santo Domingo
The article discusses the bleak mood in the Dominican Republic amid the occupation. It notes uncertainty about the island's future, with silence or vague predictions from Dominicans and Americans. It questions Johnson's push for early selections and whether Bosch could be restored to the presidency without military control reforms.
MENTIONED IN THIS ARTICLE
Santo Domingo
Washington
Johnson
Juan Bosch
Bosch
Weaving Folklore and Politics in a Caribbean Crisis
The piece blends aphorisms on language and society with a moving account of Dominican Republic politics. It traces power struggles among Bosch loyalists, Balaguer supporters, and military factions, noting U.S. influence and a call for new elections to end a four-headed government.
MENTIONED IN THIS ARTICLE
Bosch
U.S
Toa-T
Aquin Balaguer
82Nd Airborne Division
Trujillo
Imbert
Ifor
Balaguer
Newy
York
Donald Reid Cabral
Reid
Sugar
International
Johnson
Washington
Dominican Republic
Uncle Sam
Reconstruction
Tony” Imbert
Col. Caamans
Busch
Naval Reserve history traced from colonial militias
James B. Martin discusses the long arc of naval defense in the United States from colonial naval militias funded by states through Civil War naval hiring to the late nineteenth century push for a national Naval Reserve. He notes early proposals like the Whitethorne Bill failing and state groups forming militias while Congress debated funding.
MENTIONED IN THIS ARTICLE
Thomas Jefferson
Congress
Navy Department
New York City
Naval Reserve
Navy
United States
Harrison
The Case Records of a Psychologist
Robert Cramer an experienced publisher discusses the family living room as America's communications center and tachistoscopic testing for print. He explains using Arabic numerals for tall numbers and urges short paragraphs with dramatic quotation marks to boost reader engagement.
MENTIONED IN THIS ARTICLE
Robert Cramer
Coum
America
CASE
Robert S. Cramer
Parents
Industrial Writers Institute
John Drewry
Athhe
University of Georgia
School of Journalism
Cramer
Communications Center of America
Dean
Mrs. Drewery
Cameron
Diabetes and hypoglycemia puzzled patient seeks advice
A reader describes a woman with sudden blood sugar drops affecting wakefulness after meals. Dr Brady explains hypoglycemia and suggests dietary adjustments, exercise, and cautious self care. readers are invited to send brief letters with self addressed envelopes to Dr William Brady.
MENTIONED IN THIS ARTICLE
Dr. Brady
William Brady
el Camino
Beverly Hills
Gasoline Vapor Fires Cause Large Jasper Blaze
Fire at Bridenbaugh Builders Supply Co maintenance building in Jasper Indiana caused about 75 000 to 100 000 in damage Tuesday. The blaze started when gasoline vapors ignited by heat from an acetylene torch while workers repaired a new 35 000 truck. Owner Arlo Bridenbaugh said the truck was sunlit, vaporizing fuel in the tank and triggering the fire. Estimated truck damage about 30 000 and parts and equipment at least 40 000 to 850 000. Three workers escaped and one firefighter sustained a minor injury.
MENTIONED IN THIS ARTICLE
Jasper
Ind
UPI
Pete Hopf
Hopf
Bridenbaugh Builders Supply I Co
Arlo Bridenbaugh
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