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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
May 12, 1944
Page
6
A sermon outlines a future world after war with reconstruction underway. It warns of chaos and peril yet stresses opportunity through education business government and the church. It asserts the Bible will guide tomorrow's world and be shared more broadly.
The article argues incentives motivate both workers and investors. It cites General Motors paying 955000 to employees for 25400 constructive suggestions in 1943. It links individual incentive to corporate performance, noting stockholders are workers with investments seeking dividends and safe returns. It ends by asking for plans to demonstrate these truths to lawmakers shaping postwar tax laws.
A postwar plan to preserve private enterprise jobs stresses government spending in war measures. Highway construction, vital to recovery, has suffered under wartime shifts with expenditures falling from 1.5 billion in 1930 to 300 million in 1943 and 150 million in 1944.
The movement seeks to cap federal taxes on incomes, inheritances, and gifts at 25 percent. Sixteen states have passed the resolution. New Jersey and Kentucky join, with 32 needed for a convention. Backers argue it would boost wealth, curb federal control, and preserve free enterprise while wartime costs rely on taxes and reduced government spending.
President Roosevelt and Governor Dewey are seen as leading favorites for the parties. Washington doubts Roosevelt will submit his name at Chicago, while Dewey is expected to accept a draft. General MacArthur is reportedly not an official candidate. Bricker and Stassen may carry their states, with possible dark horse winners if a deadlock occurs.
A Wilmington chemistry claim describes a new treatment that hardens soft woods to steel-like strength and enables through-dye coloration. The sensational note envisions laboratories growing forests of engineered woods, yielding a thousand never before seen hardwood types.
The passage condemns executive orders and OPA regulations under the Emergency Price Control Act of 1942. It argues federal courts should handle price regulation disputes and criticizes the Emergency Court of Appeals for limiting access to justice and delaying adjudication. Congress must curtail bureaucratic authority now.
A National Tax Conference resolution backed by the Associated State Chambers of Commerce urges the highest possible taxes on business and individuals to fund wartime needs and postwar stability. It also calls for eliminating unnecessary government expenses and tax provisions that hamper enterprise, aiming to keep America solvent and employed.
War Department reports 9 502 war contract terminations to the War Production Board. Terminations include complete and partial suspensions with production continuing at reduced rates or cancelled as military needs change. Settlements reach into the millions, most amicable, with future revisions expected at the cessation of hostilities.
In the Saturday Evening Post April 15 issue Ed Will argues that farm subsidies force feed costs onto dairymen, growing from pin money to a fifth of income. He says subsidies sidestep true food costs, bind farmers to politics, and expand government control, creating a new order in the United States.
Analysts note a turning of the public toward paying debts and a rise in savings during wartime. Some argue fear of future uncertainties prompts frugality while others expect peace to revive buying on instalment plans. Nationwide consumer credit plunged 51 percent from 9.499 billion to 4.674 billion. End of 1941 instalment debt stood at 5.921 billion, now down to 1.785 billion.
Secretary of State Hull and lawmakers plan regular conferences to align foreign policies. The Washington Post notes the Senate must ratify treaties and supports a joint foreign relations advisory committee including House representation. It argues such a body could sponsor a constitutional amendment removing the Senate two thirds vote for ratification.
Miss Elizabeth Surart of Washington, national director of the Depart ment of Legislation for the National Woman's Christian Temperance Union, told delegates at Greensboro that taverns fuel teen age delinquency. She cited 1917 and 1941 laws and a naval district enforcement remark, as the Tri County convention details were shared. Delegates from Caroline Talbot and Dorchester counties elected officers and planned a youth camp at Camp Penial near Thurmont.
The Fifth Federal Reserve District predicts a further reduction in interest paid on time and savings deposits by Maryland banks in 1944, with similar trends in Virginia West Virginia North Carolina South Carolina and the District of Columbia. District banks offset rising expenses by cutting interest by 17.4 percent to 1 425 800, while 458 banks posted 1943 earnings of 32 478 500, up 44.8 percent from 1942 and security holdings up 79.4 percent. loan earnings fell 17.8 percent.
A dated quotation from C. Simmons urging readers to rebuild cheerfulness and aim higher by directing attention toward God and greater, nobler pursuits. The line embodies a moral exhortation rather than a reported event.
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