Opportunity and competition at core of capitalism ideals
Eric A. Johnson's farewell as president of the Chamber of Commerce of the United States underscored capitalism as a path to broader opportunity through fair competition. The National Retail Dry Goods Association hosted its first Retailer Veteran Conference in Altoona to aid veterans entering distributive work with guidance from experts.
MENTIONED IN THIS ARTICLE
Eric A. Johnson
Chamber of Commerce of the
United States
National Retail Dry Goods Association
Altoona
Chamber of Commerce
Wages and Costs Editorial on Labor and Output
The New York Times urges that rising living standards require higher output, not only bigger wages. It cites Detroit reports that CIO and UAW favor preserving purchasing power over wage hikes to avoid inflationary spirals, stressing productivity growth through skill and science.
MENTIONED IN THIS ARTICLE
New York Times
Times
Detroit
CIO
United Automobile Workers
UAW
Free Enterprise Drives New Automotive Oils for Public Use
Research by the oil industry during the war produced special fuels and lubricants that kept military machines running. Now these advances reach civilians in a new automobile oil that resists varnish, bearing corrosion, and oil deterioration, cleans engines, aids starting, and prolongs life, reflecting free enterprise serving the nation's higher standard of living.
Destruction and Reconstruction After World War II
The piece notes reconversion of industry after the war with auto plants building aircraft, shipyards expanding munitions output, and farmer yields rising. It highlights Washington figures Byrnes Vandenburg Connally and the push for peace, then warns of postwar labor strife, persistent shortages, and high tax costs delaying public works and lower building costs for years.
MENTIONED IN THIS ARTICLE
United States
British Isles
Russia
Europe
Pacific
State Byrnes
Vandenburg
Connally
Washington
Glad to Be Back Ex-GI Reflects on Life in India and America
An ex-GI describes touring Orient cities on the way to the bush and contrasts poverty in India with American affluence. He argues capitalism enables modern comforts and production, noting abuses but preferring the American system. He expresses relief at returning home and fondness for U.S. life.
MENTIONED IN THIS ARTICLE
G. I
Wm. T. Garvey
Orient
India
Mecca
America
United States
Justice for Industry Rate Strife and Public Delay
The piece argues that public relief for regulatory rate increases lags as railroads face rising costs after wartime strains. It notes repeated strikes harm the public though industry seeks timely adjustments, while authorities drag out decisions that could enable efficient service despite higher expenses and diminishing income.
MENTIONED IN THIS ARTICLE
United States
Railroads Face Car Shortage Amid Postwar Shifts
W C Kendall of the Association of American Railroads says boxcar supply is tighter than any 25 year period. Railroads, despite record traffic, struggle with reduced per-car capacity as war-time loading rules fade. The piece questions government delay on rate decisions amid labor demands and rising prices.
MENTIONED IN THIS ARTICLE
W. C. Kendall
Association of American Railroads
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
Caroline
J. Virgil Moore & Son
Denton, Maryland
BY John Ranck
Molotov
Paris
Justice For Industry
Ford
Preston Motor Co
Preston
Ford Sales & Service
Federalsburg
Federalsburg, Md
G. L. Wilson Ridgely, MD
Telephone
Real Estate and Insurance Home of
New York
National Ben Franklin
Grangers Mutual
Mutual of
Harford County
Commercial Casualty
Celina Mutual
Lumbermans Mutual
Fire and Lightning Liability
Kmans Compensat Real Estate
Central Avenue
Second Street
Firestone
R. H. Stafford & Son
Burrsville, Maryland
Greensboro
Our Bank
The
Denton National Bank
Member
Federal Reserve System
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