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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Sep 12, 1947
Page
10
President Truman proclaims Fire Prevention Week starting October 5 and urges citizens to remove fire hazards at home and in business. He notes fire losses for the first half of 1947 reached $369,276,000 and emphasizes public support is essential for safety efforts.
The Christian Science Monitor urges nine million veterans to think twice before cashing GI liquidity bonds. It notes Congress set a redemption date and many have already cashed or kept bonds to maturity. The piece argues delaying helps the country and warns against impulse spending.
A study argues that England’s drive for regimentation and socialization dims morale and output, draining the American loan and showing socialism’s failure to sustain high living standards. It asserts freedom and capitalist incentives spur innovation and growth, while socialism demands state control and punishes dissent, risking loss of Magna Carta freedoms.
A Portland Chamber of Commerce leader cites bricklayers in the twenties laying 1500 to 2000 bricks daily, now 500 to 300 by bid. Wages rose to 24 dollars a day, yet per-day value compares to about 120 dollars when production is counted. Industry-wide hours worked per day have fallen as wages rise, helping inflation. An economist from a major union notes rising wages backed by better machines and efficiency fueled America's higher living standards.
An essay condemns unchecked public power and PUDs in a rural Oregon case. It argues government as servant is overshadowed when citizens face forced dependency on unelected authorities controlling rates and enforcement, risking severe personal harm and loss of liberty.
The piece notes a strong economy with persistent prosperity, record personal incomes of 193 billion dollars in June, over 60 million people employed, and wages rising with prices. It contrasts white collar earnings, fixed incomes, and laboring groups, and cites Herbert Hoover's cautious near-term view amid long-term optimism and rising pessimism.
The piece argues that a booming economy with rising prices may worsen a future downturn, noting high wages, strong demand, and heavy installment financing. It warns that ongoing U S Soviet tensions threaten Europe’s stabilization, with Soviet domination advancing in Central Europe and communist influence growing in Hungary France and elsewhere.
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