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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
May 16, 1952
Page
12
A Montana railroad case shows total industry taxes support education, with $1,383,577 to state public schools and $1,198,199 to elementary and high schools from property tax. The piece argues private taxpaying industry sustains local schools, enabling free education without central government control and preserving states’ rights.
The Saturday Evening Post features a profile of Commissioner Michael W. Strauss and the Reclamation Bureau's vast, financing heavy role. Critics warn the agency wields dictatorial control over sites, budgets, and water rates, fueling debates over political power and potential socialization of the electric industry.
In May Country Gentleman Elmer T. Peterson argues against the big dam flood-control program. He contends downstream dams and vast projects waste farmland and public money, urging small dams and soil and water conservation to slow floods and keep lands productive.
Mr. Peterson criticizes the Corps of Engineers and Interior Department as big dam propagandists. His article urges readers to value sound government policy and flood control, warning that dams could waste billions, ruin farmland, and socialize much of the nation's electric power resources.
A Wall Street Journal feature notes wool, rubber, housing, and hog prices dropping sharply, signaling world price deflation. British Chancellor Richard Butler warns deflation and unemployment threaten the globe, with factors including high production and war-time scare buying driving a price reversal.
The piece argues extremely stiff taxes cripple consumer purchasing power, noting per capita taxes exceed 1938 levels by more than five times. It cites drops in copper, wool, and cotton prices and compares wholesale price trends in France Britain Belgium Canada Denmark and the United States with commentary on unemployment, demand, and output.
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