New York Today Echoes 1948 Economic Fears in 1950s Tone
The Business Mirror recalls 1948 anxieties on rising labor and replacement costs as it notes today’s earnings surpass prior peaks. It cites Gregory’s forecast of profit drops, the Japan trade balance, red tape easing, and shifts in export demand. Weather, prices, and fashion trends also surface, with Dior cutting skirts to fuel a new style.
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Christian Dior
Pigeon Rescued After Frozen Nest Episode
In St. Louis on February 3 an AP report describes a pigeon with a stubborn mother found in a frozen nest. The hen was attempting to hatch two eggs under a dripping vent as rescuers intervened.
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