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Denton Journal in Denton, Maryland

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Newspaper

Denton Journal

Location

Denton, Maryland, United States of America

Date

Jun 23, 1950

Page

8

Room for all in Detroit retail outlook urges unity

A Retail Merchants Association of Detroit secretary urged eliminating prejudice between large and small, chain and independent stores. He called for cooperative promotions to raise area business, arguing independents hold the largest share of retail trade and that all merchants benefit when the community prospers. Retail trade drives national income, factory activity, and employment, and there is room for every retailer in this broad land.

Retail Merchants Association of Detroit

Farley Calls for Budget Cuts to Prevent Centralized Government

James A. Farley argues for reduced government spending to avoid a shift from a federal system to centralized rule. He warns against growing federal grants eroding state responsibilities and projects a 6 trillion dollar cost for the year 2000 if budgets rise with three decades of gains. He stresses thrift as the basis of national security.

James A. Farley Roosevelt Congress Mr. Farley Farlex Jim Farley

Our Best Defense by Harvard economist in The Atlantic

Summer H. Slichter, Harvard economist, leads The Atlantic June issue with Our Best Defense. He warns the cold war may continue indefinitely and military spending could double by 1960. He identifies three trends to halt: rising government expenditures, expanded government intervention in business, and diminished businessman influence.

Summer H. Stichter Harvard The Atlantic Slichter

Slichter urges tax cuts and restraint to curb federal meddling

Dr. Slichter calls for trimming government spending to sustain price supports, cut veterans trade school funding, and scale back real estate mortgage purchases. He cautions that escalating regulation over the next decade could fully regulate the U S economy by 1960 unless private enterprise, especially in real estate, remains vigorous. He also suggests employers and unions agree on core industrial relations rules to reduce government in the field and argues businessmen should regain influence to shape public policy.

Slichter United States

Also Mentioned on This Page

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