Government spending compared to income across states
A 1929 analysis notes federal spending, plus state and local costs, equaling large portions of regional incomes. The piece argues government waste drains 80 percent of the U.S. land area and suggests Russians cheer for America's economic decline.
MENTIONED IN THIS ARTICLE
California
First National Bank of Boston
Mississippi
Louisiana
Arkansas
Missouri
Kentucky
Tennessee
Alabama
Georgia
America
Call to reform the Defense Production Act and OPS
Lawmakers urge major changes to the Defense Production Act and the Office of Price Stabilization. Decontrolling below ceiling items, easing red tape, and shifting away from price and profit controls are proposed. Some fear profit control threatens free enterprise. others want OPS reined in or OPS absorbed by history.
MENTIONED IN THIS ARTICLE
Office of Price Stabilization
OPS
Arnall
Congress
TAXES DRIVE ELECTRIC RATES AND EXPANSION PLANS
The article argues taxes and costs have risen sharply over the last decade while residential power bills fell slightly. It notes power firms seek rate increases to cover higher taxes, fuels, wages, and material costs, with a 2.75 billion dollar expansion program expected this year.
MENTIONED IN THIS ARTICLE
Public Service Commissions
Wall Street Journal
Grade A example of socialized electricity and budget waste
Top officials defend costly nonmilitary spending including government electric power, the St. Lawrence seaway, Niagara projects, and public power expansion. The piece argues private utilities can meet needs, while government power expands at taxpayers' expense, countering alleged efficiency.
MENTIONED IN THIS ARTICLE
St. Lawrence Seaway
Congress
Niagara River
New York State
Secrets of Greatness in an American socialist drift
In Fortune professor John Jewkes of Oxford critiques Britain’s interwar socialism and warns that American colleges and middle class talk show sympathies for central planning and equality. He notes growing profit disdain and concerns Americans may be losing the genius of a free economy as socialist ideas spread westward. He concludes by hoping his view is wrong.
MENTIONED IN THIS ARTICLE
Fortune
John Jewkes
Oxford University
England
America
U. S
Great Britain
Economic Highlights on US and USSR Arms Production
A Wall Street Journal feature by Ray Cromley concludes the USSR holds a temporary edge in certain weapons due to more engineers and postwar research, notably jets and tanks. The United States leads in industrial capacity and potential, with plans to nearly match Russian warplane output next year and maintain long term advantage in heavy industry and energy.
MENTIONED IN THIS ARTICLE
U. S
Iron Curtain
Wall Street Journal
Ray Cromley
Russia
Korea
Journal
Cromley
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin I’. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
Mr. Cromle Ae Ia Jly
ROB Roy CO
Ridgely, Maryland
Cheswold Canning Co
Cheswold, Delaware
H. Roland Towers
Raymond Beauchamp
Alfred Knaack
Cordova
Denton, Maryland
Federalsburg
Ridgely
Frank McAdams
the Board of Education
Washington College
Charlotte Hall School
W. Stewart
Fitzgerald County
Gale Electric Company
American Banking IN Action
F.H.A
The
Denton National Bank
Member
Federal Reserve System
duPont
Wlness
Seaford
duPont de Nemours & Co., Inc
Seaford, Delaware
Ffchiyre
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