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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
Nov 17, 1950
Page
12
The steel industry plans about a 10 percent production increase to around 9.5 million tons yearly, relying on coal to fuel the rise. Each extra million tons of steel needs 1.5 million tons of coal, with coal supplies ready and capable. The coal industry has modernized, offering safe, well paid jobs, and stands prepared to meet demand, ensuring America’s industrial strength.
A reader argues that retail stores of all sizes—small partnerships, medium shops, or large chains—serve consumers with different strengths. Government efforts to break up big business threaten real competition, risk higher prices, and curb progress. Consumers’ freedom to choose keeps prices fair and services varied, making size an invalid measure of virtue or vice.
Representative James C Dasis of Georgia warns freedom requires daily effort and courage. He argues rights do not self-perpetuate and expand government reduces liberty, urging active defense of independence and self-reliance against state overreach. Only those who work to defend freedom deserve it.
The piece urges Americans to invest in stocks in domestic companies to support national interests. It explains that stock ownership democratizes business ownership, with individuals holding as few as forty or fifty shares. Directors must report to shareholders and NYSE-listed firms provide essential financial data to buyers.
The piece argues railroads seek a fair competitive deal and oppose favors. It cites Secretary Sawyer on federal transportation spending nearing 1.5 billion dollars yearly and state local spending around 3 billion. It notes railroads face slow rate increases since 1939 while wages and materials rise, and highlights direct and indirect subsidies to other carriers, urging honest competition where each carrier pays its own costs.
Economist columnist Drew Pearson argues the Korean War era pay and recognition system scants infantrymen compared with other services. He notes infantry monthly pay around 135 versus 296 for air force crew, 172 for submariners, and cites lost bonuses and the overall lesser rewards for frontline soldiers amid battlefield sacrifices. He stresses infantry bears the brunt of combat and deserves a fairer share of glory and pay.
A short item notes involvement of a foundation backing a housing effort in the United States. Key figures tied to the nonprofit and its board are cited, along with dates and locations where meetings occurred. The report emphasizes philanthropic support and community impact.
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