Inflation Threats and Budgeting Challenges Ahead
The piece argues inflation is already underway and could worsen unless peacetime supply grows. It cites rising debt, money supply, wages, real estate, and incomes as drivers, notes budget miscalculations in 1939–41, and projects 1947 federal revenue and spending shifts with defense taking a smaller share and taxes becoming a larger source.
Budget Estimate Reflects Uncertain Government Spending
President Truman’s proposed budget of 35.86 billion dollars for the next fiscal year is an estimate, a forecast of expenditures starting five months from now. History shows such projections rarely match actual results due to unforeseeable economic factors.
MENTIONED IN THIS ARTICLE
Truman
Filibuster Criticizes Obsolete Senate Tactics
A columnist denounces the filibuster as cowardly while noting Southern senators stall the Fair Employment Practices bill. The piece urges abolition and references the La Follette Monroney committee studying congressional reform and cloture rules.
MENTIONED IN THIS ARTICLE
United States Senate
Fair Employment Practices Commission
Senate
LaFollette-Monroney Committee
Women and Money: Husbands Still Hold the Pocketbook
In a 1950s tone the article notes changing but persistent roles as men often control finances while women increasingly buy and hold wealth. It cites a radio survey showing most say husbands carry the purse, yet women manage most purchases and own much of the wealth through inheritance and life insurance.
MENTIONED IN THIS ARTICLE
Bank of England
Conquerors and homesick soldiers across ages
A reflective column compares historic conquerors and modern soldiers, noting how young Americans sent abroad feel homesick. It muses on national identity, freedom, and the appeal of America’s farms, rivers, mountains, and highways as Columbus’s dream from a single egg.
MENTIONED IN THIS ARTICLE
America
Memory tempers prosperity and tempers adversity
A compact aphorism from Lactantius notes how memory moderates gains and losses, guiding youth and comforting elders as prosperity and misfortune mix across a lifetime. The quotation emphasizes temperance and the enduring value of remembrance.
Growing Unpopularity of British Loan Shocks Administration
In Congress as the so called British loan dispute grows, popular British figures visit the United States while critics say the deal, framed to back Britain’s credits, funds a claim with little repayment in kind. Supporters argue it preserves postwar trade, but opponents cite hidden risks, altered guarantees, and the future debt tied to Britain’s own reorganization of its economy.
MENTIONED IN THIS ARTICLE
Ashington
Congress
Mr. Churchill
Lady Astor
Labor Party
Herbert Morrison
Ben Smith
Princess Elizabeth
Messrs Vinson
Achéson
Twohey
Britain
Bank of England
Mona
Tx Deans
Pople
Washington
America
Terminal leave for all service members faces Congress
Marquis Childs explains how officers have long enjoyed terminal leave and medical benefits while enlisted personnel wait for discharge. Congress weighs extending the privilege to all services, with cost estimates around 2.8 to 4.0 billion dollars, and its impact on inflation and demobilization.
MENTIONED IN THIS ARTICLE
Ashington
G.I
Red Cross
Congress
Army
Navy
Howard A. Rusk
New York Times
Rusk
Army Air Forces
Air Forces
War Department
Bureau of the Budget
Louis J. Denfeld
Bureau of Personnel
Capitol Hill
Mike Mansfield
Montana
Symington Aims for War Post and G I Break Likely
Drew Pearson reports that if Stuart Symington becomes secretary of war he will press pro GI reforms. Symington helped ALCOA surrender patents to the government after stiff negotiations with Berge and fellow officials. Taft loses Yale faculty bid after opposing Emerson on grounds of radical links while peers vote against him.
MENTIONED IN THIS ARTICLE
Symington
G.i.'s
Stuart Symington
War Department
Bob Patterson
G.i’s
Truman
Missouri
Arthur Davis
ALCOA
Tom Clark
I. W. Wilson
Leon Hickman
Sam Husbands
RFC
Wendell Berge
Ernest
Symington and
Berge
Robert Taft
Ohio
Yale
Taft
Heaven and Earth
Tom Emerson
Economic Stabilization Board
Fulton Lewis
Emerson
Board of Governors
Thomas Swan
U. S. Court of Appeals
Thomas Thatcher
Hoover
Balancing the Budget Key to Inflation Control
Economist David Lawrence argues that inflation stems from fiscal imbalance and debt, urging a genuine debt reduction program. He cites Truman's 1947 budget plan to retire debt from 278 to 271 billion, notes expense drivers like interest, veterans payments, and postwar costs, and says surpluses require a 25 billion dollar spending cap and 30 billion in revenue to steadily pay down 270+ billion in national debt. He warns that without durable fiscal tightening and prudent tax policy, American confidence and bond markets would suffer, delaying economic stabilization.
MENTIONED IN THIS ARTICLE
Yan Ton
United States
Truman
Congress
Mr. Truman
Health certificates and marriage law reform discussed
Dr Brady argues prospective spouses should be medically examined before marriage to prevent disease spread and heartbreak. He notes TB and gonorrheal infections as major risks, describes legal requirements for health certificates, and warns unrecognized illness can ruin families and lead to sterilization or divorce.
MENTIONED IN THIS ARTICLE
T.B
Question Day After Wedding Seeks Home Advice
A newly married couple describes renting a riverfront bungalow heated by a kerosene stove and noting persistent cold feet and dampness in a cellar. A reader asks if water and damp air pose health risks. the reply says no risk from cellar water, but damp air and clothing warrant caution for comfort and potential illness.
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Prema
OPA
United States News
Roosevelt
National Defense
General Fund
Robert Quillen
Earth
Qutllen
Africa
Japan
Germany
Bugs” Baer
George Clerk
Paul Mallon
Mr. Roosevelt
Mallon
Marquis Childs
Childs
Drew Pearson
The
Aluminum Corporation
Andrew
Mellon
Justice Department
Ickes
Louis Reynolds
Reynolds Metals Company
Arkansas
Nebraska
Hecomes
Vis
Reynolds
Syming
By David Lawrence
Wrence
Wm. Brady