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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Dec 15, 1950
Page
3
Winston Churchill’s dictum on coal as war’s measure reflects the crucial role of coal in national defense. Experts say America’s coal industry can meet heightened emergency demand while continuing civilian needs, citing past production strength and a history of wartime resilience without government subsidy.
A study of 4000 meat packing firms shows per dollar of sales 78 cents to farmers, 10.7 cents for payrolls, 9.6 cents in other expenses, one cent in taxes, leaving seven tenths of a cent as net profit. The tiny margin reflects competitive markets and benefits to consumers.
The Hoover Commission found federal publicity costs about 105 million dollars annually and that agencies cloak publicity roles on rolls as other titles. Congressman Harness warns Congress about the pervasive power of government propaganda, noting the private lobby operates openly while federal lobbyists are publicly registered.
Robert Kazmayer urged forming a Hoover Commission style panel to study U S foreign policy with top minds like Hoover Baruch MacArthur Eisenhower Taft and others. He argued survival demands nonpartisan expertise to define what the nation must do and what it cannot, to shift from improvisation to decisive action against Russia.
A corporate leader argues broad stock ownership can curb socialism by turning all Americans into stockholders. He notes about 14 million investors in U S corporations and says management should reveal investment opportunities beyond fixed income securities. Stock exchanges serve small and large investors alike, promoting widespread ownership to defend free enterprise.
Atlantic Monthly’s Benjamin Fairless argues steel remains scarce as demand surges. He compares limits to bank withdrawals and cites wartime strikes, government allocations, and stockpiling behavior. He notes U S Steel’s output rivals all communist nations, plans a massive expansion, and emphasizes continued need for new plants to meet military needs.
A quotation asserts the American steel industry has supplied the people of America with all the iron needed for a long time to come, signaling confidence in enduring domestic production and supply security. The remark frames steel as a strategic national asset.
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