Seventy Years Of Life For The Electric Lamp
On October 21 the 70th anniversary of Edison’s incandescent lamp will be celebrated. The lamp sparked the electric age and a vast industry that transformed agriculture, industry, and homes. Rural electrification began in 1929, reaching 82 percent of farms. electricity now powers radios, refrigerators, and washing machines. Free enterprise built the industry, owned by about 3,000,000 Americans with $20,000,000,000 in assets, heavily taxed and regulated to serve consumers.
MENTIONED IN THIS ARTICLE
Edison
United States
Department of Commerce
Vast Labor Monopolies Threaten U S Free Enterprise
An editorial in the Washington Daily News warns that combined coal and steel strikes could cripple business and trigger a national downturn. It criticizes industrywide bargaining as a dangerous labor monopoly, urges antitrust action to curb unions, and argues Taft Hartley fixes are insufficient to reach the root problems.
MENTIONED IN THIS ARTICLE
Washington Daily News
Lewis and Murray
Free dollar speech on capitalism and freedom
W Alton Jones of Cities Service Company argues that capitalism frees the dollar to seek investment and growth. He contrasts it with state control under communism fascism and socialism, insisting expanding economy requires dollars willing to take risks and multiply through investment.
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America
W. Alton Jones
Cities Service Company
California’s wage for welfare prompts recall of spending surge
The piece surveys the national debate on expanding social security and notes Western state experiments with welfare spending. It highlights California’s sweeping constitutional pension amendment, its cost projections of 90 million to 118 million dollars by mid-1950, and the pending November 8 repeal measure led by the California Council for the Blind. The analysis contrasts state actions with federal proposals and cites fiscal strain in Washington, Oregon, and California as the issue gains national attention.
MENTIONED IN THIS ARTICLE
Truman
Far West
Washington
Oregon
California
California Council For the Blind
Social Security
California debate over repeal of welfare amendment
Costs for last June were almost three times New York's despite New York's larger population. Advocates warn repeal would burden California taxpayers and risk ruinous finances while raising key principled questions about pensions for ages 63 to 64, state aid limits, and welfare department power. Absentee ballots point to a large vote whose outcome could influence similar measures nationwide.
MENTIONED IN THIS ARTICLE
New York
California
Department of Welfare
Council For the Blind
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