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Denton Journal in Denton, Maryland

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Denton Journal

Location

Denton, Maryland, United States of America

Date

Jun 13, 1947

Page

10

Local Firm Details and Officers in Denton Maryland

Established 1845 Melvin and Johnson Incorporated lists Benjamin F Johnson as President and Treasurer and Mary Melvin as Vice-President and Secretary. Published every Friday at 205 Markets Street in Denton, the county seat of Caroline County Maryland.

Melvin & Johnson, Incorporated Benjamin F. Johnson Mary Melvin Markets Street Denton Maryland Caroline County Caroline County

Higher Wages for What The United Mine Workers Demand

The letter argues that renewed wage demands by the United Mine Workers Union threaten coal industry viability. It notes labor costs are the main mining expense and higher wages would raise coal prices, risking reduced demand as cheaper energy sources gain share and jobs decline. It urges wage growth tied to productivity and warns against unbounded wage hikes.

United Mine Workers Union

Profit Trend Shows Retails Cutting Profits in 1947

The postwar buying spree waned and profit margins shrank across many sectors. A report notes 24 major wholesale and retail firms saw an 18.5 percent drop in net income in Q1 1947 versus Q1 1946. Retailers have voluntarily cut profits to avoid higher consumer prices. Prices stay high due to labor costs and reduced production, making deflated dollars inevitable.

Rules Under Which We Live in Labor Debate

The NYTimes editorial warns that labor is amassing powers that threaten democracy like capital once did. It argues for laws correcting abuses, ending the closed shop, and ensuring workers have a free voice in union affairs. The piece frames it as a duty to impose responsibilities on labor commensurate with its powers.

The New York Times

Two Kinds of Government and Individual Freedom

A compact reflection on two forms of government, one serving the state and the other protecting individual rights. The speaker argues US values free enterprise, representative government, and freedom of speech as essential to liberty, warning that totalitarian control erodes all rights. Those who compromise on freedom lose it.

United States

American oil firms push Middle East development to curb communism

The article notes the Iron Curtain as a defensive barrier and the risk of communism spreading if people glimpse Western luxuries. It credits American oil groups with inspiring large scale development in Arabia, a move Fortune calls pivotal, implying corporate initiative may decide the fate of the region amid Cold War tensions.

Russia Europe Asia United States Middle East Arabia Fortune Magazine

American democracy versus totalitarian pressure in the Middle East

The piece frames a struggle between democracy and totalitarian rule for 50 million Middle Easterners. It suggests outcomes hinge on a test whose result will decide whether they remain in poverty chaos or gain orderly progress and a decent life with seeds of democracy. It expresses hope that American enterprise will meet the responsibility.

The Philosophy of Grab Inflation Warning Op Ed

A critical examination argues that inflation stems from a widespread “philosophy of grab” across workers managers and government. It claims wage demands exceed productivity, price cuts are limited, and consumer costs remain high while individuals blame others and rely on external forces to curb inflation.

Futhermore

Economic Highlights Show Demand Slump Across Goods

The piece notes a rapid market saturation after war production, with private aircraft, radios, and dry goods facing price cuts and slack demand. High operating costs deter buyers. luxury and semi luxury items slow, including dresses and coats as consumer resistance grows.

The Chesapeake Bay Ferry System

Bus connections daily except Wednesday and Sunday. Bus connections Sunday. Note: All boats leaving Claiborne make connections with boats leaving Matapeake one hour later. For connecting carrier information consult Red Star Motor Coaches, Salisbury and Baltimore, Md. Baltimore & Annapolis R.R. Co., Baltimore, Md. Pennsylvania Greyhounds, Washington, D. C. The State Roads Commission of Maryland, E Lexington Street, Gaithersburg, Md.

Claiborne Matapeake RED Star Motor Coaches, Inc Salisbury Baltimore, Md Baltimore & Annapolis R. 8. Co Pennsylvania Greyhounds Washington, D. C State Roads Maryland Lexington Street Galtinare 8

Global economic shift dampens demand and car market outlook

The text notes reduced employment and worker income as inventories rise and orders to manufacturers fall. Auto makers face a dentless market so far, with output slipping due to steel shortages but soon rising as materials flow in. Car dealers show strong order books but fear what happens after backlogs clear. Residential building slows sharply, especially in suburbs, while industrial expansion pauses to cut costs. Government economists worry as unemployment edges up and overtime falls, pressing purchasing power. Exports surge with March at 1.304 billion and imports up 3 percent. a July 15 UK pound relaxation could boost global demand, though doubts linger about lasting impact.

Business Week

Also Mentioned on This Page

Chesapeake Bay Ferry System Sandy Point Matapeake Service Ly Sandy Point Ly Romancoke A. I Wall Street Journal England United Kingdom Ed Foxwell Oil City KLAD U. S Denton National Bank Member Federal Reserve System
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