Reaping Without Sowing Government Profits Share From Business
U S News & World Report surveyed 30 large corporations whose 1949 pre tax profits totaled about 4.73 billion dollars. The Federal government will tax these firms about 1.743 billion and will levy 309.1 million on dividends. Government take exceeds 2 billion dollars, or 43 percent of earnings, not counting payroll, excise, or state local taxes. The piece argues government is a major partner in business revenues and warns destroying profits would harm the government’s finances.
MENTIONED IN THIS ARTICLE
U. S. News & World Report
Two Economic Systems in The American Mercury Review
David J. Dallin argues the Soviet planned economy resembles an impersonal clockwork, with production touted but distribution hidden and shelves often bare. He contrasts this with the United States free economy, where diversified shelves and competitive prices reflect abundance, while state planning yields scarcity and want.
MENTIONED IN THIS ARTICLE
American
Mercury
David J. Dallin
Soviet Union
Russia
Dallin
United States
Fortune article debunks A&P monopoly claims
The December Fortune piece by M A Adelman argues the antitrust case against Great Atlantic and Pacific Tea Co. is muddled. he contends food retailing cannot be a monopoly, as competition keeps prices low and keeps entry easy, benefiting living standards.
MENTIONED IN THIS ARTICLE
Fortune
Great Atlantic & Pacific Tea Company
M. A. Adelman
M.I.T
Strike Crisis in Coal Mines Stuns Industry in 1949
A 1949 report condemns United Mine Workers leadership for costly strikes and wage policies. It cites a $1,420,600 flawfinding fine, two week pay cuts, a three day week, a 52 day second strike, and welfare fund losses. The piece argues these actions harmed miners, wages, and industry profits, pushing coal toward competition and job losses.
MENTIONED IN THIS ARTICLE
James Boyd
United States Bureau of Mines
United States Mediation Service
United Mine Workers
U.M.W
Atom bomb secrets teased in Harper's December
Dr J Arthur Campbell, Oberlin College chemist and Manhattan Project veteran, outlines a high level path from ore to explosion in Harper's Magazine. He stresses that real bomb secrets lie not in method or material but in unfamiliar, inaccessible knowledge and the context of discovery.
MENTIONED IN THIS ARTICLE
Harper's Magazine
J. Arthur Campbell
Oberlin College
Campbell
Atomic secrets and the A-bomb shadow across the world
The article quotes a prominent figure on the bomb project and secrecy, questions whether tighter rules improve security, and notes public stirring over claims of US and Russian atomic transfers. It discusses Russia’s assumed bomb capability, uncertainties about the truth, and the A-bomb’s pervasive influence on global life and security.
MENTIONED IN THIS ARTICLE
United States
Russia
Letters to Santa from Denton children in 1949
A collection of Santa letters from Denton Maryland written December 15 1949 by several children. Requests include dolls bicycles watches games candy trains guns and other toys along with thanks and holiday wishes to Santa and Mrs Hignutt and a note about good behavior.
MENTIONED IN THIS ARTICLE
Santa
Mrs. Hignutt
Bobby Pepper P. S
Also Mentioned on This Page
Penton Journal
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
Ruth Ann Lister
Robert Somers
Mrs. Hignatt
Mary Lee Engerman
Eloise Irwin
Tommy
Tommy Ellwanger
Debby Holloway
Miss Gale
Alice Fay Hayman
Lancaster
Cole
Lean
Rob-Ford
Fancy
Brazil
Ideal
Calif
Anjou Pears
Pascal Celery
Liberty
Donald Duck
Asco
Dole
Rob Roy Bain
Virginia Lee
Clifton
Philco
Gale Electric Company
U.S
The
Denton National Bank
Member
Federal Reserve System
Lee
Atvan
Angel
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!