Free enterprise power push faces Niagara river plan
The article argues that five taxpaying utilities could finance and regulate the development of Niagara river power capacity, challenging socialized electricity. It notes the plan would cost about 350 million dollars, with current utility construction under way and substantial tax payments by the utilities, while government plants are described as tax eaters.
MENTIONED IN THIS ARTICLE
New York State
Canada
Niagara River
Congress
Labor leaders warned against socialization of industry
Frank W. Jacobs of the IBEW says the public power program has expanded beyond its sponsors and now supports socialist agencies under Federal power. He argues that state and cooperative entities refuse collective bargaining, threaten free enterprise, and displace private utilities. Labor seeks to stop government companies from taking over.
MENTIONED IN THIS ARTICLE
Frank W. Jacobs
International Brotherhood of Electrical Workers
IBEW
Hoover Commission reform faces delays in Congress
Congress adopts watered down Hoover Commission cost cuts. estimated savings 2 billion annually, while major proposals awaiting action could yield 3.5 billion more. Critics urge passage to trim waste without reducing services, citing overlaps and inconsistent guidance across agencies.
MENTIONED IN THIS ARTICLE
Hoover Commission
Congress
Hoover
Veterans Administration
Hoover Task Force
Department of Agriculture
No Cure: Grocery group criticizes price controls in OPS
The annual meeting of the Grocery Manufacturers Association of America in New York featured economists and industry reps who argued that Office of Price Stabilization controls harm retailers and manufacturers. They said OPS policies shifted inflation burdens onto retailers, though a recent congressional amendment partly corrected this, while profits stay near record lows and inflation remains an industry-wide burden.
MENTIONED IN THIS ARTICLE
Grocery Manufacturers Association of America
New York
Office of Price Stabilization
OPS
Congress
Why Government Costs More Why Government Costs So Much
A government employee complains of boredom and hints at quitting. The boss offers a raise via becoming an executive with a staff. The piece argues raises come with supervising others, inflating payrolls. Budgets create functions and organizations, driving meetings and paperwork to justify roles.
MENTIONED IN THIS ARTICLE
United States
Private life ties in search for clients across clubs
In the Financial World note, the piece observes that in private life, the search for clients leads people into various clubs where they encounter one another. The observation highlights social networking among professionals within club scenes.
MENTIONED IN THIS ARTICLE
Financial World
Education or catastrophe in 1952 warns of a free press and rising government
A 1951 year-end outlook laments corruption, debt and controls while praising the US health and education lead. It credits a vigilant free press for exposing incompetence and seeks to mobilize readers to defend liberty as taxes and spending surge.
MENTIONED IN THIS ARTICLE
Korea
Commerce
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P. O
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Virginia Lee Bakery
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American Banking IN Action
The
Denton National Bank
Member
Federal Reserve System