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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 30, 1949
Page
2
An editorial in the Kansas City News-Press extols railroads for leading safety, noting 1948 saw only one death per 793 billion passenger miles and that rail travel was far safer than bus, air, or driving. Through 1949 nine months, safety improved as the industry trains workers and refines rules, keeping safety foremost in every mile.
The National City Bank surveyed the 100 largest retail concerns and found they accounted for only 15 percent of the national total in both last year and 1938. The bank argues that large chains do not dominate and independent merchants retain ample opportunity. the Atlantic Monthly cites Harvard economist Summer H. Slichter to support that competition remains vigorous and will grow as retailing stays competitive.
Dorothy Thompson argues Washington state risks insolvency from the citizens security act and rising social benefits. She cites deficits near 100 million dollars, families taking 400 dollars monthly while rejecting jobs, and warns that unchecked social security schemes lead to social and economic disaster. The piece criticizes federal deficits and urges restraint before broader adoption.
Acknowledges the widespread motor power in homes from refrigerators to washing machines. Highlights electricity as a low-cost, reliable service and credits private enterprise and individual invention for the electric industry’s growth and tax contributions. Emphasizes the industry’s impact on farm and industrial life.
The recent elections in New Zealand and Australia show world wide significance as socialist governments were decisively defeated and replaced by administrations promising to curb socialization, cut taxes, broaden private enterprise, and ease individual freedoms though full free enterprise cannot return immediately. Voters express weariness with state control and heavy tax burdens and welfare-state expectations.
The piece argues socialism harms economies and liberties while capitalism lifts living standards. It praises American restraint against welfare-state trends and urges decisive action to prevent socialism from spreading, noting New Zealand and Australia face long-term costs and urging the United States to act now.
A Reader's Digest tabulation tracks federal outlays from Washington to Truman through September 1949. It shows tiny early budgets, then big spikes in wars, the New Deal, and postwar deficits. The piece attributes growth to expanding government and pressure groups, warning of ongoing calls to cut costs.
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