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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
Feb 02, 1951
Page
4
The head of the nation's largest food chain says the industry is primed to meet new problems this year. He cites three assets: higher farm production with equipment and knowhow. advanced processing capacity adaptable to conditions. and peak distribution efficiency. He notes food's share of income has risen less than incomes while quality improves.
The article argues military power rests on fighting forces, productive capacity, and crucial transportation. It highlights railroads as vital, carrying over 90 percent of freight and 97 percent of military travel in the last war, with ongoing modernization investments of about $5 billion since then and continuing at a billion per year.
The National Retail Dry Goods Association adopts a resolution urging price stability, funding mobilization through taxes rather than borrowing, and reducing nonmilitary government expenditures. It argues inflation will worsen with deficits and nondefense spending. It calls for fiscal restraint from schools to federal departments.
The Farm Journal calls for national unity and decisive action to preserve liberty. It urges organizing anti-Communist manpower including Germans and Japanese, leveraging global moves within China and Russia, while pressing Congress to cut government waste and oppose costly non-defense projects. It warns of a powerful government faction seeking to expand control and spend billions in ways that could weaken defense, demanding immediate countermeasures.
The budget message shocks markets by bundling domestic programs with defense. The Wall Street Journal notes Truman is “putting the Fair Deal into uniform” with items like farm subsidies, St. Lawrence Seaway, employment practices, and health insurance folded into the 1951 52 defense spending. The plan calls for about 71.6 billion dollars in outlays.
The President urges a huge 1,009 page budget with $94.4 billion in appropriations and a potential $20 billion annual tax rise to balance spending. Congress, led by Byrd and allied Republicans and Southern Democrats, signals resistance and aims to cut non-defense items while reviewing the tax structure, with a possible national sales tax gaining interest.
W Alton Jones of Cities Service Company argues that wartime controls suborn individual liberty and argue against permanent measures. He cites Britain’s expanded home entry powers and warns that emergency powers tend to outlive war. He urges vigilance to ensure rights loaned to government stay temporary.
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