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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Apr 29, 1949
Page
8
Franklin J. Landing of Jewel Tea Co says businesses mirror people and win success by being clean, alert, generous, considerate, courteous, honest, patient, sincere, and good natured. A firm with these traits becomes a better trader, worker, supplier, investor, and neighbor. self-check is advised.
An article urges Americans to protect the nation by engaging in Sunday School with families. It argues religious teaching builds character essential to sustaining representative government and warns against delegating parental duties to others. National Sunday School Week is promoted by the Laymen's National Committee, a nonsectarian nonprofit.
The Bureau of Labor Statistics reports February living costs fell, the largest drop since the index began nine years ago, nearly erasing the 1948 increase. Retailers, both chains and independents, act as consumers’ purchasing agents, offering desired merchandise at the lowest possible price while adjusting to shifting consumer preferences.
An Atlantic essay contrasts a Russian coal miner earning 1 005 rubles monthly with basic living costs at 920 rubles leaving 85 rubles for extras. It cites US miners in 1948 earning 75.06 dollars weekly to 600 dollars monthly, with high living standards and a generous pension funded by a coal tax.
Wall Street Journal notes tax experts expect possible 1949 levies but unsure until May budget resolution clarifies income and outgo. Congress largely opposes higher taxes though some lawmakers hint at small cuts, with Senator George and Representative Doughton opposing deeper taxes while backing a balanced budget.
The Hoover Commission reports claim federal administrative cost cuts could save about 3 billion dollars annually, enough to cover any deficit if adopted. Yet Congress shows mixed support. Tax hikes are debated, including corporate profits, higher incomes above 5500, and estate taxes, while opposition grows. States and cities seek more revenue, widening tax overlap and shrinking purchasing power.
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