18 Sep 1947
Page 1
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Newspaper
Big Piney Examiner
Location
Big Piney, Wyoming, United States of America
Date
Sep 18, 1947
Page
1
Census figures show a postwar baby boom but a rising share of older Americans. By 1970 about 26 million will be over 63, with 151 million projected total. The piece argues living well in age and finding useful work as a path to happiness.
The article argues avocations and small to moderate work help the elderly stay engaged and self supporting. It cites farmers who remain active at 70 or 75, contrasts youth and age in different work types, and references Cicero and modern critics on aging. It notes a pamphlet by Lawton and Stewart from Public Affairs Committee.
An agriculture department report notes 1946 to 1947 farm income surge due to strong demand and higher prices, despite rising costs. The report cites $2,541 average net income in 1946 and a 21 percent gain in cash receipts for the first eight months of 1947. Secretary of State George Marshall faces Europe’s crisis upon returning from Brazil with the mutual defense treaty.
Millions of ex G I s rushed to banks to cash terminal leave pay bonds as fear of Europe’s crisis grows. Lovett warned Europe’s economy cracking while Britain faces drought mid crisis. Congress may convene for a new economic transfusion to aid the old world while veterans use cash to reduce debts. Radioactive isotopes from U S atomic research are offered abroad for disease research and cancer study.
Farmers face rising prices and shortages as prewar machinery loses value, fueling a broad black market for tractors hay balers and corn pickers. Dealers cite premiums paid and high demand with stories of farmers unknowingly selling gear at far below true market value.
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