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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Oct 26, 1951
Page
4
An explainer noting that stock prices are determined by buyer willingness to pay and seller minimums, effectively like an auction driven by supply and demand. It highlights public interest in stock ownership and that middle class investors now form the majority of U.S. stockholders.
A postwar projection says American coal production may reach 550 million tons this year, about 10 percent higher than last year. Major users include electric plants, steel and coke ovens, railroads, and millions of households. substantial exports to meet Europe’s shortages are noted. The piece credits mine rebuilding and modernized methods from a decade of investment as key to meeting demand.
A Peggy Durdin essay in the Saturday Evening Post portrays brutal mass trials in Maoist China. Refugees from Hong Kong describe public executions, coercive informants, and revolutionary laws enabling imprisonment and death for alleged counterrevolutionary activity. The piece argues the regime uses legality to justify terror and hatred of the United States.
The passage notes that communism relies on fear and force rather than consent and persuasion. It frames communists as agents of imperialists, asserting guilt for all accused and labeling their governance as coercive.
The closing day of Congress was drab as both houses pushed final legislation. Major actions included an $8.1 billion foreign aid budget, a $1.7 billion first supplemental for emergency operations, and a $4.1 billion second supplemental for base expansion. Veto overridden on veterans automobile aid. Tax increases loom as the new rate rises to 20 percent for most workers. Postal rate measures and civil service raises approved. Congress adjourns with over $90 billion enacted this year and investigations ongoing.
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