Clear the Air on Corporate Profits and Fair Shares
Analyzing public misperceptions about profits, workers’ wages, and stockholder returns, the piece cites surveys showing workers expect 25 percent profit and 75 percent benefits to stockholders and management. Actual long term corporate profits average about 4 percent, while workers’ wages outpace profits by seven to one in 18 years, with extreme years like 22 to one. The article argues publishing these facts clarifies capitalism’s outcomes for the masses.
Real Monopoly Argument On Coal Miners Strike
Real Monopoly by John L. Lewis and the soft coal miners shows a week long stoppage causing lost pay, unemployment for rail workers, reduced purchasing power, and shifts to other fuels. Dr. Lewis calls the production delay disgusting while urging unions be brought under antitrust laws to curb labor monopolies.
MENTIONED IN THIS ARTICLE
Lewis Haney
New York University
John L. Lewis
Dr. Haney
Lewis
The Case for Liberty Over Communism in Russia and US
The piece argues communism and socialism create police states with planned economies and scant competition. It contrasts Russian living standards with American wages, claiming US gains come from competition that drives better goods and lower prices, while government monopolies yield scarcity. It stresses the value of free enterprise and consumer choice in fostering abundance.
MENTIONED IN THIS ARTICLE
Russia
America
Utopia
Safety and Efficiency Clash Over House Rail Regulations
Congress weighs bills to give the Interstate Commerce Commission blanket control to set railroad safety rules. Critics say the measures are broad and vague, risking reduced efficiency and higher costs while restricting the judgment of experienced railroad personnel. Safety records show steady improvement, countering calls for stricter federal mandates.
MENTIONED IN THIS ARTICLE
Congress
Interstate Commerce Commission
Washington
National Safety Council
Taft Rivalry Shapes 1952 Political Battle in Ohio
Economic highlights predict a decisive 1952 contest with Taft defending against Truman policies. Taft shown as strongest opponent, praised by Washington correspondents for parliamentarian skill and tenacity. Ohio emerges as pivotal as Taft campaigns early, testing GOP wings and potential 1952 nomination.
MENTIONED IN THIS ARTICLE
Huo
Taft
Truman
Columbia Valley Administration
Congress
Washington
Joseph Alsop
Ohio
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