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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Sep 27, 1946
Page
10
A Washington writer notes Congress muddling through and urges voters to decide who to send to Washington. The piece criticizes government handling, cites calls for national economy, and mentions Senator Byrd proposing two million useless government jobs cut. It urges careful, informed voting this year.
J J Hunter of the Bank of California warns that government power rests on taxation and credit. He urges budget balancing through expense cuts and regular debt amortization to avoid insolvency and a future fiscal crisis. He questions American resolve to endure belt tightening versus relying on Congress and calls the current federal spending a potentially ruinous path.
The Department of Agriculture reports record crop production for 1946 with the largest wheat crop nearly harvested and corn still set to top all prior years despite weather. Tobacco and rice gains appear in the South, while oats rice and potatoes near records elsewhere. several crops lag below average. Pears join the list of record crops alongside corn wheat tobacco peaches plums and truck crops. Overall output is 2 percent below the August estimate but 26 percent above the 1923 32 average.
An editorial laments waning support for veterans as postwar dangers fade. It recalls national gratitude a year ago for soldiers, sailors, and marines and argues promises and opportunities have since diminished while veterans face unemployment and neglect.
Veterans face mounting pressure as six million have applied for readjustment allowances since 1944 and about 1.7 million are now paid $135 million monthly. The VA cites lack of a positive placement program, echoing the American Legion's warning that communities must provide real employment opportunities for returning soldiers.
Henry Hazlitt argues in The New York Times that price control laws distort supply and demand and that decontrol should begin. He says subsidies by the Price Decontrol Board are a misstep and that OPA powers no longer exist, urging rapid removal of general price controls.
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