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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
May 01, 1953
Page
4
Community pledge extols goodwill toward all, honest dealing, and daily effort. Emphasizes trust in home institutions, neighbors, and local private and public development as keys to growth and lasting prosperity.
The New York Daily Mirror backs Charles E Wilsons plan to privatize government electric power ventures. It notes initial flood control justifications and argues pooling sale to war bond holders would cut interest payments. Sale proceeds would fund the Treasury and curb tax money spent on socialized enterprises.
The piece contrasts English nationalized coal mines with American private mines. It cites 700000+ English miners producing 230 million tons in 1952 versus 350000 American miners producing 465 million tons. It argues socialism reduces incentives and spawns red tape, while American free enterprise fosters competition and efficiency without harming miners’ wages and benefits.
Secretary of Labor Durkin, in an April 7 forecast, predicted a record peak in U S employment in 1953 after surveying 182 labor market areas the 1951 peak was surpassed The House approved the fiscal 1954 appropriations bill totaling 451 million for more than 20 agencies and offices with reductions from earlier proposals A later vote extended federal rent controls until August 1 in non critical areas and April 30 1954 in remaining areas while initiating lift of rent control office and possible transfer to other agencies
The Middle Convocation of the Episcopal Church hosts a silver tea on Thursday May 7 from 3 to 6 pm to raise funds for the Bishop's Fund. Mr and Mrs Roy C Moyston offer their Georgian home For rest Landing near Longwoods for the event.
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