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Newspaper
Big Timber Pioneer
Location
Big Timber, Montana, United States of America
Date
May 22, 1947
Page
12
The piece argues Americans must unite to boost productivity and cut prices through a 44 hour week and higher per hour output. Bernard Baruch is cited urging joint action across labor and industry to restore demand, protect democracy, and secure employment and national income.
The national petroleum council warns a possible severe shortage of oil this autumn and winter could immobilize some navy ships. With record consumption around 5.65 million barrels daily and shortages of tank cars, tankers, and pipelines, experts see a tight to severe fuel situation, though U S shipments of 2 million barrels monthly go to England via the Gulf coast.
A representative from the federal power commission warned the council of a potential acute shortage of oil tankers for Middle East imports and a serious natural gas shortfall for next winter across the region from New York to the Rocky Mountains, Ball said.
London reports both conservative and left wing British press saying Britain negotiates a food agreement with Russia. The move could cause consternation in the United States and draws sharp criticism of American foreign policy amid the German food crisis.
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