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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Nov 22, 1946
Page
10
A Denton Journal editorial argues the nation faces a 300 billion debt and must choose between maintaining current public spending with an unbalanced budget or tightening costs and starting debt retirement to restore a sound dollar and financial security for war bonds, savings, and insurance. The piece urges action by the people to secure solvency.
In Collectivism Challenges Christianity Verne Paul Kaub argues that political and economic liberties depend on religious freedom especially as expressed in Christianity. He claims dictatorships erode freedoms in stages and warns that only defending all freedoms prevents total loss.
The United Mine Workers strike threats threaten the soft coal industry and public energy supply. The article argues the union uses piecemeal demands breaking binding agreements, creating constant mine flareups and potential government overreach. It questions dictatorship over a basic natural resource and frames the dispute as united Mine workers versus the United States.
The death rattle of price control sounds across the nation as food controls are abandoned and decontrol accelerates for other commodities. The OPA is seen as nearly out of business before the Congress extension ends. Rising costs follow in manufacturing and farming, with buyers paying full costs as subsidies vanish.
The piece argues that rising labor and supply costs push up cattle feed and retail prices. Stores must cover wholesale costs, operations, and profit, or face bankruptcy. Price controls end as production recovers and a stable level emerges. Wage controls failed, signaling the end of artificial limits in peacetime.
A simple test for borrowing money asks if the loan serves a sound purpose. The text notes that a competent businessperson needs credit to increase earnings, a person should consolidate bills into one payable obligation, and someone may require extra funds for doctor bills to manage payments systematically.
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