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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Feb 16, 1951
Page
4
A leading oil director addressed a Rotary club on Oil For the National Emergency. He stressed industry strength and preparedness, noting post Korean War demand rise yet low military use, and comparing to a 34 percent increase after World War II, exemplifying free enterprise vigor.
The VOA reports a Moscow broadcast by Markin praising Soviet electrification. It contrasts 1950 Soviet output of 82.0 billion kWh and 22.4 million kW capacity with U S figures of about 3800 billion kWh and 85.0 million kW, noting Americans produce more electricity per person and have far greater capacity, arguing private enterprise outpaces state socialism.
A general Federation of Women's Clubs program teamed with a major chain to engage clubs and young people nationwide in community improvement planning. The aim is to deepen devotion to democracy, prepare youth for leadership, and show how free enterprise supports opportunity.
The article argues railroads must earn profits to fund a $5 billion postwar expansion. Higher earnings enable investment in better plants, boosting capacity and cutting costs. It notes wage-driven expense increases and urges a moderate six percent freight-rate rise to maintain efficient service. The stance is that investors deserve fair profit.
Economic Highlights notes President Truman’s cut in non defense outlays prompts agencies to recast programs as defense related. It cites DC health survey for waiters as example and warns many projects will be renamed to survive, with defense budgets soaring from 14 billion in 1950 to 33 billion in 1951 and 46 billion in 1952, barring a general war.
In a wartime climate the push to expand federal power faces opposition from critics who warn that the Water Resources Policy Commission favors centralized river basin authorities over local control. They accuse officials of wasteful spending and urge restraint to preserve liberty. The American Watershed Council condemns the report as lacking safeguards for local oversight.
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