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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Feb 10, 1950
Page
8
James H. McGraw Jr of McGraw-Hill questions U S antitrust actions. He argues the Department of Justice prosecutes A & P for monopoly in retailing while ignoring labor monopoly in steel. He says retailing remains highly competitive with many firms.
Senator Lyndon B. Johnson warns rural electric cooperatives to beware of harboring “the wolves of alien radicalism” and cites REA involvement in the Leland Olds Federal Power Commission fight. He criticizes government lobbying and propaganda by officials of other agencies and notes broad concerns over socializing the power industry and CVA promotion.
The author compares the country press to the nation’s railroads, noting both have no substitutes yet face competition. Both sustain local communities with news and transportation, serving as living records for people and regions. Each thrives by paying its own way and asking for no favors.
A Saturday Evening Post cartoon links consumer joy and anger over plus tax on cosmetics luggage fur coats and transport tickets. Retailing spokesmen say the taxes deter sales reduce employment and cut tax revenue, hurting the economy. The article notes hopes for repeal faded and blames Congress for inaction.
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