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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Feb 25, 1949
Page
4
A survey shows retailers increasing promotional efforts as buyers regain confidence and shortages fade. The free market spurs competition, price controls are opposed, profits fall and service improves as merchants push value, selection and courtesy to win consumer patronage.
Robert Kazmayer warned that war talk, mounting tensions, and crises will recur. He urged intelligent citizens to strengthen morale and economy, live calmly, plan wisely, and avoid headlines that ruin judgment. The nation must endure, with steady, principled resolve.
Recent dispatches from England show moves to have the labor government take over pubs and to nationalize football pools. Britain’s motor industry is now the world’s biggest exporter, with talk of possible nationalization. The piece warns that socialism seeks to absorb all enterprise and argues Americans face a choice between socialism and free enterprise.
A campaign seeks to raise the legal minimum wage to 75 cents an hour immediately and to one dollar soon, with critics warning such a rise would fuel inflation by widening wage differentials and raising costs across industries including coal. A spokesman notes sub marginal workers and job classifications would suffer, arguing the move could harm the very workers it aims to help.
Post election, economists note Democrats hold President and big majorities in Congress but predict limited Truman program. Taft Hartley remains intact with Republican and some Democratic support. Ives and Morse lead opposition to wholesale repeal. Tax plans face modifications as lawmakers push cautious stance on business taxation.
The piece notes fears of a government downsizing hit, with bipartisan calls to cut administrative costs and rethink taxes. Hoover plan touted for large annual savings faces opposition, while Taft backs a modified medical and housing aid program amid broad battle lines in Congress. Modern politics is a clash of forces.
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