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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Aug 06, 1948
Page
6
Leaders from American business and labor urged a new statesmanship to lower prices and expand availability. R H Macy & Co president called for reduced unit profits but higher volume, arguing chain stores and progressive independents champion the path to a lower price level and better goods for U.S. consumers.
The Chicago Daily Tribune editorial urges limits on James L. Lewis's control of the United Mine Workers, warning of a dictatorial hold over 400,000 workers and noting the wage fund benefits favor union members. It advocates actuarial fairness and congressional action to curb private social security by the union and protect coal production.
An experienced retail economist warns that continued wage inflation without higher productivity will push prices up, erode living standards, and harm unskilled workers. He notes past wage hikes sparked broader pay increases and argues minimum wage rises may reduce employment and productivity.
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The piece notes senior generals filling key civilian-like posts to advance U S policy. It highlights General Smith in Moscow, General Marshall directing war strategy, General Clay in Germany, and General MacArthur wielding influence in Japan as part of Washington's delicate balance. Navy officers oversee Pacific Islands administration and early economic efforts.
The piece argues military officers can shape diplomacy without politics. It cites Damaree Bess on naval visibility in the Mediterranean and General Clay in Berlin, praising firm yet nonviolent diplomacy. It notes naval visits, restraint in political talks, and use of force when necessary, portraying this approach as a lasting US policy.
The Trust Territory of the Pacific Islands spans the Marianas Marshalls and Carolines, a two million square mile region with 50 000 natives. Led by Rear Admiral C H Wright the program emphasizes health education sanitation agriculture and self reliance rather than military rule as vaccinations and anti tuberculosis work expand and native teachers trainers and dispensaries increase nationwide.
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