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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jun 17, 1949
Page
8
The article dismantles the idea that stockholders grab most profits, using a major automaker’s year’s $1.577 billion in receipts. Two thirds went to suppliers and other companies, $289 million to wages, $151 million in taxes, $24 million for wear and tear, $54 million reinvested, and $35 million to 60,000 stockholder-owners. The conclusion: stockholders are small potatoes in the distribution.
The article warns that summer and fall bring high fire risk as forests dry out and crowds flock to woods. It cites careless camping and smoking as major causes, urges adherence to simple safety rules, and stresses public cooperation to protect forests and wildlife for the future.
Robert Kabmayer warns that danger to U S democracy lies at the grassroots not Washington. He cites apathy promises of government and the rise of a gimme culture as fueling tyranny and eroding liberty. He says the public elects servants who shape the government and calls for vigilance.
A critique of a proposed 75 cent an hour national minimum wage for a 40 hour work week. The author warns a high floor would curb local competition, raise living costs in small towns, and disrupt local business by removing many entry level jobs. Retailers could be forced to cut payrolls, reducing employment opportunities nationwide.
The article notes a official business slump with the Fed index at its lowest since July 1947. Dr Edwin Nourse urges reduced federal spending and cautious taxation. U S News and World Report cites a tug of war between buyers and sellers, predicting prices 10 to 15 percent below postwar peak by year end 1949 and a revival in demand once prices firm.
Enforced savings peaked as a broad spending spree drained cash of many commodities despite high prices and variable quality. With shortages eased and incomes down, labor costs become crucial to pricing while some unions push for higher pay and productivity per hour rises where business slackens. Layoffs hit the least efficient. better workers stay on. Overall, business trends are watched closely with cautious optimism.
Handy Peterson and Easy Roberts repair a shared stone wall between two farms each spring. They reflect on how such boundaries persist even when the wall serves little purpose, acknowledging the social habit of keeping things as they are.
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