Record of Private Power vs Socialized Government Monopoly
Advocates of a socialized government power monopoly claim private electric industry fails consumers. The record shows about 675 taxpaying investor-owned utilities with $25.4 billion invested in plant and machinery by 1953, spending $13.7 billion for expansion 1948-53, producing over 40 percent of world electricity with 80 percent from private enterprise. In 1953, reserve capacity stood at 17.6 percent. residential bills were lower in 1953 than 1940 according to the Federal Power Commission, and taxes totaled $1.321 billion, over 20 percent of revenues. Socialized systems pay little to no taxes.
MENTIONED IN THIS ARTICLE
Federal Power Commission
Academic freedom tested by communist infiltration
Reed College professor Dr. Frank Munk argues academic freedom must be balanced with responsibility amid concerns about Communist infiltration on campuses. He cites Harvard’s warning on party membership and notes Communists act as agents of a foreign power, urging the teaching fraternity to police itself to preserve independence of thought.
MENTIONED IN THIS ARTICLE
Frank Munk
Reed College
Portland Oregonian
Reed
Velde
Dr. Munk
Harvard University
Communist Party
End of the road town links rail and press to nation
The piece reflects on a Western town 75 miles from a highway, a few hundred residents thriving on livestock and crops, blessed with mountains lakes and rivers. It prizes two assets: a modern newspaper advertising local and national goods and a railroad with daily transcontinental service, noting railroads and newspapers as pioneers of development and keepsakes of community presence.
MENTIONED IN THIS ARTICLE
United States
R. M. Hofer
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
National Editorial Association
Hillsboro Hardware Co
Hillsboro, MD
Spaperr
Perves
Mischa
The
London Zoo
Clarence Brumm
Colton
Cal
Stockholm
Garrett Russell
Bay Shore
N.Y
American Banking IN Action
America
Denton National Bank
Member
Federal Reserve System
U. S
Lancaster
Long Island
Braunschweiger
Golden Sweets
Pascal Celery
Ideal Fordhook
ACME
ASCO
Bala Club
Cans Berns
SAUER
Family Circle
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!