Which Is Best Could Food Prices Prove Ruble Worth Less
A New York Times analysis by Harry Schwartz argues the ruble’s official 25 cent rate overstated its buying power. He compares Moscow and New York staple prices showing Moscow rations favour grain over meat. Soviet wages average 70 rubles a month. He notes higher costs in government stores for clothing furniture and appliances versus private U S stores. The piece invites readers to weigh which economic system serves most people.
MENTIONED IN THIS ARTICLE
Harry Schwartz
New York Times
Schwartz
Moscow
New York
Mr. Schwartz
Machines and Small Farms Progress Through Cooperation
The rise of farm machinery has increased average farm size, but small family farms can still benefit. By neighboring cooperative purchases of different machines, farmers pool gear to mechanize efficiently, completing work swiftly at lower cost in money and labor. This mirrors the industrial shift toward the machine age across modern farms, not just large ones.
The Close of School
A nostalgic reflection on school vacations and pupil attitudes at year end. It contrasts student impatience with the value of breaks, notes teachers and parents often differ on terms, and jokes about ensuing college dynamics and generational roles.
A Buck With A Message
A brief editorial notes the back of the dollar bill carries a message urging eternal vigilance over the union. It cites the unfinished pyramid and the eye as symbols of growth and guardianship, warning that rising debt and spending require national budget restraint and personal sacrifice.
MENTIONED IN THIS ARTICLE
Union of States
Union
Dividing Your Retail Dollar Reveals Small Profits
A leading national chain with over a billion dollars in annual sales published a leaflet tracing every retail dollar. It shows 80.1 cents paid for farm products and handling, 11.6 cents for wages, 2.3 cents for taxes, 1.6 cents for rent and utilities, 1.2 cents for advertising and admin, and 1.2 cents as profit. Owners receive seven-tenths of a cent, with the final half cent reinvested in facilities.
Oil Industry Plans Record $4.6 Billion Spend This Year
The American Petroleum Institute says the oil industry will spend over 4.6 billion dollars in the year to expand resources and facilities, with about 600 million abroad and the rest domestically. Most funds go to production and development, pipelines, refining, and marketing while supporting future demand and jobs across many industries.
MENTIONED IN THIS ARTICLE
American Petroleum Institute
United States
Congress
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