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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Oct 03, 1947
Page
10
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A House committee backed sizeable cuts in government projects, yet nineteen Army Engineer Corps power projects totaling 93 million faced overruns. Fort Randall flood control in South Dakota shows the pattern as Senate increased a requested 6.5 million to 9 million, surpassing War Department aims.
H. W. Prentis Jr argues that shifting economic responsibility to government creates a Frankenstein monster that devours political, intellectual, and spiritual liberty. He warns that increased government control strangulates individual opportunity and fuels oppression.
An arbitration board awarded a 15 percent hourly wage increase to 17 non operating railroad unions, urging swift action by the Interstate Commerce Commission on rate petitions. The rise, among the largest in rail history, boosts operating costs by about 438 million dollars annually, while investors see shrinking returns. The piece argues investors deserve fair wages too to keep rail expansion funded amid high costs and widespread savings tied to railroad securities.
The Elmira News quit publication citing pressure from a strong union. The final editorial condemns the Conditions of Employment document as coercive and unAmerican, arguing it risks bankruptcy and mirrors dictatorial labor leadership rather than serving workers. It warns of mounting conflict between unions and employers.
The piece argues wage raises and prices mirror each other since 1939, noting 78 percent wholesale price growth vs 73 percent wage cost rise. It stresses productivity only up 12 percent per hour and warns of reduced purchasing power if inflation bites, calling for higher output to absorb high wages.
A commentary argues socialism strains Britain as government moves rapidly from free enterprise to socialization. It cites drops in coal mining and steel production, reduced electricity output, and rising coal imports as signs of the policy’s adverse effects on industry and exports.
The text argues socialism stifles initiative and relies on coercion, creating red tape and inefficiency. It contrasts this with free enterprise, claiming Russia's output comes from mass slave labor and low living standards, while American prosperity depends on individual liberty and minimal government ownership.
Argentina under Juan Domingo Peron consolidates power via state capitalism and monopoly control of imports and exports. The regime nationalizes key industries, socializes medicine, tightens media, and uses trade ties to extend influence while courting U.S. suspicion of Yankee imperialism. Peron won a 66 percent election, presenting a vision of a greater Argentina among world powers.
Workers gain higher pay yet living standards lag behind the United States while a program promises land ownership to farm laborers. Peron expands the military secrets keep expenditures high, aided by import export deals. Diplomatic ties shift with Russia and Spain, and U S relations show cool tension amid Argentina’s major diplomatic role.
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