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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Oct 02, 1953
Page
8
The National Association of Manufacturers cites government data to show average families pay indirect taxes. For incomes of 4000, 7500, and 10000 dollars the shares are 27.3, 36.9, and 40 percent respectively, challenging the belief that only the rich bear tax burdens.
Alabama joins states banning closed shop and union pressure. Governor Persons says the bill protects free labor and free enterprise. The piece notes historic battles over blacklisting and argues workers have right to join or not join a union without coercion.
A leading oil company argues profits enable investment in tools that boost productivity and wages. It notes each worker has about 70,691 dollars worth of tools, productivity rising 214 times in 25 years, and wages increasing from 168 to 484 monthly while hours shorten. If profits vanish, tool investment stops and living standards decline.
The article argues competition is healthy for oil firms and consumers. It cites a leading company's spread showing rivals, notes thousands of oil firms compete daily from exploration to sales, and claims competition yields more and better products at fair prices for Americans.
Advocates argue for a TVA like government power authority to subsidize electricity, claiming tax free operation gives unfair private competition. They cite Niagara Falls a $400 million project where state production could be tax free and cheaper. Critics question funding and broader tax implications.
An August Electrical Workers' Journal editorial cites Samuel Gompers on profits and emphasizes that fair pay for a good day's work constitutes just labor relations. It argues for labor management cooperation and insists workers must balance profits with workers' interests to advance long term welfare.
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