Friends of Free Enterprise Push Private Niagara Power Plan
In New York a heated debate over Niagara River hydro power pits federal, state, and private options against a backdrop of socialism versus free enterprise. The New York State Association of Electrical Workers and the New York State Grange have urged private development, urging Congress to preserve free enterprise by avoiding federal control.
MENTIONED IN THIS ARTICLE
Niagara River
New York
Canada
Congress
Friends of Free Enterprise
New York State Association of Electrical Workers
Niagara
Tax Fears and Budget Pessimism Highlight 1940s Debate
Gordon Grand Jr. argues in the Tax Review that income taxes have surged from 1 to 22.2 percent and corporate rates to 82 percent, with the taxed population ballooning from under 400,000 to 55 million. He decries a proposed $22 billion deficit and slams nondefense spending while praising Congress for resisting tax hikes and promising deep cuts.
MENTIONED IN THIS ARTICLE
Gordon Grand, Jr
Congress
Free Choice or Compulsion on Public Ownership Debate
A Missouri audience heard a utility chief argue against the phrase public ownership. He said ownership remains voluntary in a free market and warned socialism forces a political monopoly paid by taxpayers, urging a choice between free choice and compulsion.
MENTIONED IN THIS ARTICLE
Missouri Press Association
Economic highlights on the yellow peril and world revolutions
The text reviews fears of a yellow peril and cites Robert Kazmayer on three locomotives of history: revolts of the less privileged against the wealthy, the masses against individuals, and the chemical age against the mechanical era. It notes U.S. dominance in wealth and consumption and argues these forces threaten peace until the engines of history are checked.
MENTIONED IN THIS ARTICLE
Egypt
Pakistan
Robert Kazmayer
Mr. Kazmayer
America
Kremlin
Facts vs Myths Editorial Highlights Public Profit Perceptions
The Austin Daily Herald editorial contrasts public myths with economic facts on meat and auto profits. It cites ORC surveys showing meat packers averaged about 1 percent profit and auto makers about 3 to 4 times the public’s guess, while long term manufacturing profits from 1929 to 1949 averaged 3.6 percent with a peak of 6.7 percent in 1929.
MENTIONED IN THIS ARTICLE
Austin
Minnesota
Daily Herald
John Q
Opinion Research Corp
ORC
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin IF. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
THE
United States
Niewspapern
Denton National Bank
Member
Federal Reserve System
MR. W. Filbert
Pittsburgh
Carville Fleetwood Hardware Co
Denton, Maryland
Kenland
Alsike
Southern States
Bei Ag
Buffalo Alfalfa
Oklahoma
Ladino
Southern States Farmers’ Supply Cooperative, Inc
International
John Deere
Allis Chalmers
RC Oliver
Warrington
Harrington, Delaware
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