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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
Mar 05, 1948
Page
10
Retailers at the National Retail Dry Goods Association annual convention urge tighter buying, narrowed margins on essentials, and credit curbs to slow price rises. They note government policy and wage pressures will shape inflation, but vow to protect consumer buying power through efficiency and cost cutting.
A defense of free market principles arguing that price fluctuations reveal market responsiveness to policy and demand. It warns that controls distort reality, drive producers from unprofitable lines, foster black markets, and fail to supply consumers, citing OPA history as precedent.
The Atlantic Monthly interview with Henry Ford II centers on labor management relations and the need to treat workers as individuals. Ford stresses dignity, fair treatment, and mutual respect as essential to industrial strength and high living standards, arguing effective leadership must empower the worker and reduce coercion.
A cautious view notes high business activity but growing credit strain. Banks curb lending, marginal borrowers face higher risk, and the postwar buildup erodes capital. Officials warn against overextension as more firms verge on trouble, signaling potential shifts in the industrial structure.
The page presents a two column style crossword with horizontal and vertical clues. It includes typical entries such as Venomous snake kiwi flatfish and several thematic terms plus a note indicating the answer to puzzle number 42.
The piece argues financial stringency risks from income or production pauses, with inventories at double prewar values across manufacturers, wholesalers, and retailers. A price drop could trigger large losses, prompting cautious restocking. Big retailers urge value for dollars, amid consumer resistance to high priced goods, while overall belief supports some price declines yet not a return to 1941 levels due to debt and required national income.
A worried view cites rising international tensions and deflation risks as factors that could force higher military spending. If government revenue falls short due to weaker income and prices, tax relief may fade. Consumer and business sentiment delaying purchases could slow industrial and residential building.
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