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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
Jul 04, 1947
Page
10
The piece argues labor can regain public esteem by embracing responsible partnership with capital. It asserts wage growth requires fair profits, efficient production lowers prices, and labor must earn a national role by prioritizing welfare. It praises unions that advocate for members while aiding business and markets for broad prosperity.
Wade G. McCargo, a small retailer from Richmond Virginia, argues that independents can compete with chains by hard work adaptation and flexible thinking. He contends most retail is still done by independents who offer superior service, and small shops can prosper in a modern economy.
An editorial argues inflation stems from all sectors of the economy. It blames excessive government debt and weak fiscal discipline, lagging productivity, and profiteering, while noting consumer optimism and the fading impact of easy money. It urges unified reform at the source and cautions against blaming retailers.
A stark broadside against communist expansion, detailing expropriation in Finland, Soviet influence over Hungary, and a repeated pattern of liberty suppression. It argues that destroying representative government, free enterprise, and a free press leads to total control and eventual slavery.
A think piece warns that a Coal Strike risk remains due to John L. Lewis rejecting wage offers matching other industries. It argues a prolonged stoppage would cripple steel, power, railroads, and factories, harming both the public and miners’ wage gains, and questions union leadership’s impact on national welfare.
A presidential advisory commission endorses a broad eight point security program featuring compulsory military training for all males at 18 or after high school. The plan, led by MIT’s Karl Compton and including GE’s Charles Wilson, costs about 1.75 billion dollars annually for the training component and would be overseen by a civilian military oversight panel reporting to the President. Part one spans six months of training at Army camps or aboard Navy ships, with Part two offering options such as two year Army or Navy service, National Guard or Reserve enrollment.
The report warns the next war could arrive with unprecedented speed and atomic weapons may be used within six years. It calls for seven national security measures including a united nation, unified intelligence, increased R D, industrial readiness, a capable air force, better training for all services, and armed forces unification. It deems current forces a hollow shell and endorses a compulsory, ethical training program to rapidly mobilize in emergencies. The 448 page study stresses preparedness to avoid extermination.
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