Who Owns the U S Railroads and Who Benefits
The article argues that ownership is widespread, with about 2,000,000 people owning railroad stocks and bonds and over half of railroad securities held by insurance companies banks and educational institutions. It notes indirect ownership via savings accounts and policies, the financial support to universities, and the broad public interest as farmers businesses consumers and governments rely on rail service and tax contributions.
MENTIONED IN THIS ARTICLE
United States
Rails
Britain's coal mines show socialism failing in practice
A Scripps-Howard London correspondence argues socialist coal nationalization slows production and raises costs. It notes Britain’s coal quotas under Marshall Plan, wildcat strikes, high government spending, and weak morale. It contrasts with American private mines producing more per man day and higher wages, concluding socialism saps vitality and resources.
MENTIONED IN THIS ARTICLE
Britain
Scripps-Howard
London
England
America
Labor monopoly under scrutiny in Senate inquiry findings
Senator Robertson of Virginia heads a Banking and Currency Committee probe into labor monopoly focusing on soft coal and United Mine Workers actions. He argues union monopoly drives higher production costs and prices, restricts supply, and erodes free enterprise. He urges applying anti trust laws to labor to curb one man dictorships.
MENTIONED IN THIS ARTICLE
Robertson
Virginia
Senate Banking and Currency Committee
United Mine Workers
Five Percenters and the Washington Influence Trade
The Washington five-percenter trade, while not revealing illegal activity, exposed a system where businessmen rely on influential intermediaries to navigate government bureaus. The practice thrives on retainer fees and contract percentages, targeting smaller firms hurt by red tape, and observers urge elimination of both the practitioners and the governmental causes that sustain them.
MENTIONED IN THIS ARTICLE
Washington
Ilegal
Also Mentioned on This Page
Denton Journal
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
R. A. Strannahan
Sussex Roofing & Siding Co
Bridgeville
Del
P. OG
Webb’s
Easton, Maryland
Dover Road
Melvin Price
His
Santa Fe Rangers
Heinz Graam
del Monte
Wincrest Coffee
U. S
Jonathan
California
Mesh Beg
Ventura Limas
Paseo Orange
Jules
Liberty Brand
Cory Coe
Norge
Breeding & Nichols
Denton, Maryland
American Banking IN Action
The
Denton National Bank
Member
Federal Reserve System
Virginia Lee
Swift
Family Circle
Glendale
Priscilla
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