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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jul 25, 1952
Page
8
The government permits defense contractors to depreciate expansion investments over five years rather than longer periods. Supporters argue this avoids entitlements, motivates capital risk for emergencies, and is not a handout, comparing it to farmers expanding output for national needs. Critics warn of misinterpretation and financial risk after emergencies.
The NYSE president warned against Canadian securities crooks selling worthless or highly speculative stocks to U S investors. He praised authorities and reputable dealers and urged buyers to get facts from reputable brokers before investing, noting Canada’s development and presence of legitimate stocks.
Time magazine highlights a 24 hour, nearly fully mechanized coal to chemicals factory that uses pulverized coal and hydrogen under high pressure to create a wide range of products. The president foresees endless medicines fabrics paints detergents weed killers insecticides and more.
Harper's magazine explores a $10,000-a-year class unable to balance living costs. Jay Taylor details a year of expenses from rent to utilities, food for a family of four, clothing, and medical care, ending with a shortfall and a sobering portrait of vanquished Americans.
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