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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jan 15, 1954
Page
4
An argument about taxing corporations is challenged by a fact: if all post tax profits earned by U S corporations in 1952 had been confiscated, the revenue would cover government spending for only 72 days.
Senator Potter of Michigan heads a Senate subcommittee on maritime problems arguing that every American, not just coastal residents, depends on the foreign trade and ships that enable goods movement. Colorado witnesses note $40 million and about 200,000 jobs tied to foreign trade. The merchant marine is an arm of defense alongside navy and air force, sharing universal interest.
The article discusses the slogan Trade Not Aid as a path to help allies through increased commerce rather than loans. It notes concerns about foreign competition, unemployment, and national defense, using strategic metals like lead and zinc as examples of import dumping. It argues for a flexible tariff to balance imports with domestic welfare.
A new January 25 plan lets individuals buy common stocks in American industries in small, non contractual installments. Investors may start with as little as 40 dollars every three months and up to 999.99 dollars monthly, with a 1 to 5 year time frame. The scheme aims to broaden ownership, ease access for small savers, and bolster free enterprise against socialist ideas.
Time magazine highlights the shift to large volume low profit distribution, noting 20 million workers involved and the chain system as pivotal. It credits chain innovations with boosting American living standards and saving billions, while retailers and producers pursue mechanized, labor saving methods in warehouses and stores.
A sequence of December 1953 land transfers between multiple pairs of spouses in the Fifth Sixth and Third Election Districts. Names include James Dew Banister Meredith A J Judge Eugenia M Barto T Hughlett Henry Fannie E Price Lloyd I Price James F Coleman Joseph M Tonis Ernest T Harris Harold S Bullock Francis V Sharpe Rachel Collison. Two parcels are noted for several transfers in the Fourth and Second Election Districts.
A list of marriage licenses and property transfers dated late December 1953 shows Raymond Cannon and Frances Blake of Milton, plus multiple couples from Dover Federalsburg Seaford and other towns. Transfers include J Carleton Carter to Edward Carter Jr., and land parcels in Federalsburg and the Second Election District.
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