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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Feb 29, 1952
Page
4
The piece argues federal taxes will hit each citizen with about 472 dollars next year while the government faces a 14 billion shortfall. It cites U S News and World Report figures to claim total public outlay will reach 76 billion, vastly higher than wartime peaks, urging drastic spending cuts to avert bankruptcy.
A California utility sought higher rates to cover rising incomes tax bills. OPS argued taxes aren’t costs, but the California regulatory panel rejected this claim, ruling taxes are part of operating costs. The San Francisco Chronicle warned the OPS view could undermine enterprise and spur state socialism.
Advocates of socialized electricity counter socialists by noting postwar power reliability and value. Since 1940 living costs rose 71 percent while residential power declined 25 percent per unit. Labor earnings up 85 percent, taxes funded by utilities exceed 20 percent of income, and credit status remains A-1.
An examination recalls Truman’s 1949 stance that states bear main responsibility for mining and workplace safety, warning against a federal mine safety bill granting sweeping powers. It discusses Chambers and Hiss trials, arguing communism appeals to minds free of God and seeks to remake the world, with communists willing to sacrifice everything.
A new book by Godfrey M. Lebhar chronicles the birth and expansion of the chain store system from 1859 to 1950. It examines the aims of lower prices through volume, the opposition from independents and critics, and the later maturation of mass distribution as a core element of the US standard of living.
The Saturday Evening Post begins a serial on Whittaker Chambers and the Alger Hiss trial, claiming one of the great books of our time. It is also a Book-of-the-Month Club selection, ensuring a wide audience for the introductory installment.
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