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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jul 08, 1955
Page
4
A 1947 to 1954 survey of hundreds of farm equipment dealers shows profits before taxes fell from 9.35% of gross to 2.62% by last year. Higher labor and input costs, plus demand for more capable machinery, explain why farm equipment costs have risen while profits shrink, yet farmers still receive value for their dollar.
The piece notes a rapid shift in American eating habits driven by manufacturers processors and retailers. It cites U S News & World Report on how processing packaging and consumer demand raise costs yet deliver greater food variety and affordability. It emphasizes labor savings and widespread labor saving conveniences shaped by competition across industry.
Charles B. Shuman, president of the American Farm Bureau Federation, criticizes government ownership of key industries. He cites higher costs and shortages under public control, cites Chicago transit, TVA power, and storage costs as examples, and argues free enterprise attracts capital without political pull. He notes rising anti-government sentiment and calls for selling socialized enterprises to private buyers.
A Hoover Commission analysis warns that government run shipyards threaten private industry and long term stability. It argues private yards can handle shipbuilding better during war and calls for bidding rights on all government purchases. The Wall Street Journal links this to broader national prosperity and government scope.
Greens boro teen Calva Ann Lister daughter of Mr and Mrs R Calvin Lister has won the Senatorial Scholarship for Caroline County to St Marys Seminary Junior College. She has studied eleven years at Greensboro School active in Safety Patrol the school paper The Hornet Glee Club and High School band and represented Greensboro at Girls State in Annapolis this year. Calva also serves in local county Methodist Youth Fellowship and has been Camp Pe-Co-Meth counselor for six weeks. Major and Mrs E T Parrish of Charlotte spent the weekend with the Karchers. others hosted include the Taylors and various Greensboro residents during the holiday period.
A long list of visitors and relatives filled homes from Wingsville Maryland to Wilmington Delaware and Rehoboth Beach with gatherings over the holiday weekend. Families and friends, including the Waddells Shhaessers Moerschls Bastians Simpsons Kemp Burgers and many others, enjoyed meals trips and seaside companionship across Ocean City Rehoboth Beach and nearby towns. Local residents hosted relatives from Baltimore Philadelphia Dover and Norwich with trips to Niagara Falls and Canada noted in visit summaries.
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