Watertight Monopoly: Hearing on Labor and Antitrust
Senate Banking and Currency Committee hearings reveal fears that labor monopolies threaten national welfare. Fred A. Virkus cites an “unbreakable” labor trust and calls to curb industrywide unionization. Lewis’s three day coal week shows UMW bargaining power control production.
MENTIONED IN THIS ARTICLE
Senate Banking and Currency Committee
Fred A. Virkus
Conference of American Small Business Organizations
Congress
John L. Lewis
United Mine Workers
UMW
Lewis
Railway Age
Economic Outlook Brightens as Consumer Spending Grows
Textiles, rail shipments, and appliance sectors show revival. Personal savings near record highs support buying power while income climbs in the first half of the year. Retail sales, though 2 percent below prior year, reflect price declines. Experts anticipate only small price drops ahead, with potential price rises if wage demands and government spending surge.
MENTIONED IN THIS ARTICLE
Business Week
Private power push spurs vast expansion and rural electrification
A California private utility builds a huge powerhouse to operate by 1951, doubling output from 2,000,000 to 4,000,000 horsepower. It frames the project as America’s greatest power-building program, with billions in cost and wide rural electrification aiming for central-station power on farms. Government power carries taxes, no regulation, and is framed as socialist.
MENTIONED IN THIS ARTICLE
California
America
Show Window of America Reflects Abundant Stores Across Nations
Refugees arriving in New York are struck by vast stores and easy buying of refrigerators clothes cars and groceries. Across the country mass production and mass distribution supply homes with abundant goods, shaping high living standards.
MENTIONED IN THIS ARTICLE
Europe
New York
America
Nashville Sets Example for Government Economy
The Nashville Chamber of Commerce urges economy in government starting at home amid rising deficits and debt costs. It warns against further commitments or seeking Washington appropriations while demanding national spending reductions. It calls for informed public resistance to gimme groups and defends free enterprise and representative government.
MENTIONED IN THIS ARTICLE
U.S. News
Hoover
Nashville
Tennessee
Chamber of Commerce
Washington
Business Week sees end of six month slump in US economy
Economic highlights from Business Week say the six month decline is over and a vigorous upturn is underway. It questions whether the improvement is a lasting recovery or a rally, noting momentum could carry through 1949 with year end expect changes in auto and plant spending. steel and electric power output remain strong indicators.
MENTIONED IN THIS ARTICLE
Business Week
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
Bnliss
Actigi
Sorre
Asco
Calif
Ideal
Orange
Florida
Ecard
Jonathan Red Apples
Bens
J. i
Ventura Cal
Fordhook
Pasco
Liberty Brand
Supreme
Farmdale
Glendale Wisc
Ib Ean
Font
Veo
Show Window OF America
Ysrpae
The
Denton National Bank
Member
Federal Reserve System
Easton Coca-Cola Bottling Co., Co
Easton, Md
Coca-Cola Company
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