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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
Jun 06, 1952
Page
8
An association official argues stores act as consumer purchasing agents, matching demand with supply. He contrasts free competition with government controlled economies noting Russia’s low living standards and asserts the customer is the boss in America’s market system.
Republicans head toward a near equal pledged delegate race with Eisenhower and Taft sharing the lead and Warren as a remote threat. Democrats show Kefauver as a potential nominee while Truman’s fair deal remains the core. Possible convention deadlock looms with Harriman’s uncertainty and Reyburn as a dark horse option. Labor’s backing strengthens the Administration’s hand amid steel crisis.
Editorial argues the Fed suspended Regulation W due to abundant merchandise and urges eliminating all price and wage controls. It downplays certainty of price changes, condemns controls as hampering the economy, and calls Congress to end the Defense Production Act and the Office of Price Stabilization.
A North Platte river area manager for the Bureau of Reclamation said government power rates should be cut to advance a socialistic program. He later called the term loose but admitted it described bureau and administration policy. He argued that if electricity should be socialized other essentials should follow.
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