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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Dec 07, 1951
Page
8
A comparison argues that Soviet Russia exemplifies a controlled economy with rigid rationing fixed prices and scarce goods, contrasting it with American free enterprise where competition and abundance prevail. The piece asserts high prices drain citizen earnings and luxuries are scarce, urging Americans to visit foreign stores to see the difference.
In a letter to Senator Lodge former President Hoover backs a permanent committee to supervise defense spending. He argues that as appropriations rise to billions normal committees lack oversight and waste must be curbed while preserving essential rearmament.
The article traces map making from ancient times to modern aerial photogrammetry, noting its long history and rapid progress. It explains how photogrammetry uses precise photo measurements, aided by complex plotting machines, for highway and railroad siting, resource surveys, city planning, and government mapping, often at surprisingly low costs. The piece ends with the idea that mapmaking in this field will continue to evolve with new chapters ahead.
London dispatch notes England faces severe coal shortages with production well below needs. Editorial warns socialist planning imperils Britain's economy and warns the United States against similar policies, predicting slow recovery even after socialist rules end.
The article reports OPS officials increasingly refuse newspapermen, citing policy, as an order warns against discussing actions not finally approved. Critics fear a gag on the press, arguing bureaus grow dictatorial and undermine pricing policies affecting producers distributors and consumers nationwide.
The presidents of the American Bankers Association warns that over spending by government private groups and individuals strains the economy. He cites a federal budget next year of at least 80 billion dollars and suggests possible cuts of 10 billion without harming defense or essential activity. Extravagance and unnecessary spending are crimes against current and future generations.
The piece notes U S News says inflation halves the dollar value since 1939 and taxes cut into wages. It details how a $10 000 income needs over $25 000 to maintain living standards and a $100 000 earner needs more than $365 000 to match 1939 levels, with raises mostly eaten by taxes. The article warns future tax hikes could deepen gaps, stressing taxation and inflation as the core problem for middle class Americans.
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