Repeal Wartime Retail Excise Taxes Now
Senators and business leaders urge Congress to repeal wartime excise taxes on cosmetics furs leather goods and many other items and on rail tickets and travel. They argue the taxes are outdated luxuries with many so called necessities hit and impede sales and employment. The call reflects a shift from wartime finance to civilian growth.
MENTIONED IN THIS ARTICLE
Congress
George
Senate Finance Committee
Not By Bread Alone National Bible Week 1949
National Bible Week runs October 17 to 23 highlighting Christian principles amid rising crime, delinquency, mental illness, ridicule of morals, and global tensions. The piece warns against materialism and calls for living by the creed that man cannot live by bread alone.
MENTIONED IN THIS ARTICLE
United States
Railroads Rank as Model of Service and Progress
The nation’s railroads boast superior scope efficiency and economy with record freight speeds carloads and tonnage in the first half of the year. Through seven months more new freight cars and locomotives were installed than in 25 years, signaling ongoing improvements in equipment and facilities and a drive for further efficiency.
Taxing Government Electric Power Sparks Reform Debate
The Tennessee Attorney General ruled a 1945 act granting ad valorem tax exemptions to electric cooperatives unconstitutional. The Knoxville Journal urged ending special privileges for cooperatives and criticized governmentowned power entities for tax avoidance, arguing private utilities pay about 2 percent of revenue in taxes and government operations should be taxed equally.
MENTIONED IN THIS ARTICLE
Tennessee
Knoxville Journal
Your Freight Job and the Railroads in 1948
The railroads carried an average of nearly 12 tons of freight one mile for every person per day in 1948, delivering food, clothing, fuel and other essentials at a low cost. Rates were only 1.5 cents per ton mile, well below 1921 levels, while costs rose through higher taxes wages and supplies.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
If Tomorrow Morning Trains Stopped Forever
The excerpt discusses catastrophic effects if trains halted. It links rail transport to manufacturing and agriculture, warning of supply shortages, wasted produce, empty shelves, and mass unemployment. It emphasizes railroads as the lifeblood of a growing economy and the need for sustained transport capacity.
Crafty capitalist trick contrasts Russia and U S stores
The Saturday Evening Post recounts three Russian engineers in a New York clothing store who balk at the abundance and prices, suspecting a fake. The tale underscores how capitalist competition drives quality and lower prices, yielding high living standards, versus state-controlled economies with rationing and fixed prices.
MENTIONED IN THIS ARTICLE
Saturday Evening Post
New York
Russia
The Russian Mind and World Reach in the Atomic Era
Quotations from long-dead observers recast to suggest the Russian mind remains unchanged, whether under tsar or Politburo. The piece notes swift transport, new weapons, and the threat of intercontinental war, with a U.S. News line about Russian nuclear reach and the need for handling this age’s global problem.
MENTIONED IN THIS ARTICLE
Europe
Emil Montegut
Russia
West
Marquis de Custine
Stalin
Lewis Galantiere
Dorothy Thompson
U. S
U.S
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del Monte
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American Banking IN
The
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Member
Federal Reserve System