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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jan 16, 1948
Page
3
An analysis cites the National City Bank of New York letter arguing inflation stems from government actions rather than mere symptoms. It accuses government of driving inflation via spending, lending, and taxation, and calls for reform without price controls or rationing. The piece questions whether leaders will adopt vital reforms.
A critique of monopoly and cartels contrasts free entry with government and private monopolies. It cites U.S. oil industry shifts from 1904 dominance to 1946 dispersed control, arguing that competition spurs new companies, innovation, and higher living standards while cartels limit opportunity and progress.
Senator Ball argues that economic freedom sustains living standards and warns against dictatorship and socialist planning. He cites Britain’s coal industry and rail strain, urges a million tons coal monthly as condition of aid, and urges showing Europe free enterprise's superiority to defeat communism.
A compact crossword item lists ten clues including Lofty in style and To engrave. Other entries point to terms meaning Siberian river Ireland lariat needy melody with an accompaniment and to send out unsubstantial league cut down and to encourage.
Henry Wallace contemplates heading a third party ticket next November after long consideration and pressure from left of center groups. The move creates a range of ballot access challenges as each state has distinct rules from Iowa’s two-voter convention to Massachusetts requiring about 50,000 signatures.
The piece weighs third party chances in US elections, noting Wallace as a potential spoiler to Truman and a possible booster for Republicans. It contrasts past efforts by La Follette and Roosevelt, and hints Wallace’s platform mixed with New Deal economics and UN-style foreign aid. It also covers Fortune’s 1947 business outlook, inflation fears, and expected higher living costs alongside rising labor unrest.
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