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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 16, 1951
Page
8
A wartime piece argues that fears of shortages faded, praising American enterprise. It notes output ahead of last year and less than 20 percent of production needed for defense, stressing competition as the link between producer and user and warning against excessive government control eroding price and retail competition.
The Morning Advertiser reports on the Anglo American Oil Company building Europe’s largest refinery at Fawley near Southampton. More than 4,000 workers have helped construct it. once finished, 2,000 permanent jobs will be created. It operates as 100 percent private enterprise with American ownership and financing, boosting Britain’s economy and Western security.
The article argues the present price wage freeze is only a stopgap. It says a full policy review will occur and that many controls may be removed. Inflation is rooted in government spending and credit, not just producers, retailers, or consumers, and price control is not the cure. The piece urges addressing the real causes of inflation.
The yardmen strike disrupted freight and mail, delaying troops and halting boxcar shipments. It violated a White House negotiated settlement granting retroactive pay raises and only ended after an Army order. The piece warns that future unauthorised strikes could erode collective bargaining and paralyze essential industries.
A Wall Street Journal piece by Alan Otten cites Congressmen who demand economy yet push for larger state projects. He notes regional biases favor soil conservation farm aid shipbuilding maritime programs mines reclamation and power projects. The piece argues budget growth continues as representatives assume funds flow freely.
The piece condemns lawmakers who preach economy while spending lavishly and warns that unrestrained domestic and defense spending weakens the dollar and savings. It urges public demand for strict budget cuts, dismissing even small pork-barrel projects as unnecessary in preserving freedom.
The piece revisits the Yalta conference of 1945 and the critics’ view that Roosevelt Churchill Soviet concessions shaped the rise of world communism. It argues the allies misjudged Russia, overestimated cooperation, and pursued short sighted gains, leading to a lost peace despite victory in war.
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