Economic Highlights on Federal Deficit Looms in 1930s
In industry and politics the federal deficit looms large as observers warn of confiscatory taxes and rising outlays. Analysts cite a decades-long trend of growing shortfalls, with 1980s figures showing multi-billion gaps despite revenue increases. The piece discusses Roosevelt’s budget shifts, unemployment costs, and debates on whether spending or taxation drives solvency, noting expected 1985-86 deficits and cautious fall buying amid price and code anxieties.
MENTIONED IN THIS ARTICLE
Thea
Republicats
Avill
Onevelt
Treasury
U. S
Roosevelt
Gnatignil
Pitchen
May Business Trends Improve Economic Outlook
Power production remains strong mainly due to large commercial usage and not seasonal decline. May signals show machine tool demand at a five year high, motor industry optimistic, steel demand fair, export activity up from 1953, while farm outlook shifts to surplus and wheat crop forecast at 670 million bushels. Meat shortages persist with high prices, cotton worsens unless foreign sales improve, per Henry Wallace.
MENTIONED IN THIS ARTICLE
Business Week
Department of Agriculture
Henry Wallace
Father Coughlin Criticisms and Economic Theories Debated
A column discusses Father Coughlin founder of the Union of Social Justice as a theorist with unsound ideas. It questions Roosevelt’s stance on the world court, criticizes Coughlin’s attacks on big bankers, and examines currency policy and proposed tax changes affecting farmers and workers. The piece cites Morgan bank history and Fed policy debates.
MENTIONED IN THIS ARTICLE
Father Coughlin
Union of Social Justice
League of Nations
Roosevelt
World Court
Roosevelt Plans Tax Plan To Share Wealth And Fort Knox Move
Roosevelt endorses a wealth sharing tax plan while criticizing the accumulation of wealth by a few and the broad decline of the many. He questions the transfer of three billion dollars in gold from San Francisco to Denver and expects further moves to Fort Knox as a precaution against potential New Deal obstruction by opponents of the common people.
MENTIONED IN THIS ARTICLE
Roosevelt
Rooseelt
Father Coughlin
San Francisco
Denver
Atlantic
Fort Knox
Kentucky
Townsend Plan Boosters Letter in Fort Dodge Messenger
A reader defends the Townsend old age pension plan, noting an eighteen billion dollar annual cost and arguing it would spur business through forced spending. He suggests a two percent transaction tax but acknowledges the need for real wealth creation rather than free money, as nations rely on production and incomes across groups.
MENTIONED IN THIS ARTICLE
Aort Dodge Townsend Plan
Fort Dodge Messenger
Nonsensical claims on value and age group fairness
The text argues that removing money from exchanges between producers and consumers would not affect overall value, using a bizarre 98 cent split analogy. It claims eighteen billion dollars must be extracted from basic goods and warns that implying a rich future for older people ages eighty and above is unfair and dishonest.
Adlerika Brings Quick Relief From Gas and Constipation
A reader from an old newspaper recalls six weeks of misery from indigestion and gas, tied with constipation, then reports a dose of Adlerika giving the first real night’s sleep in that period. He notes no pain after a good dinner and calls the relief a miracle as Frick Drug Store endorses.
MENTIONED IN THIS ARTICLE
I. J
Frick Drug Store
Also Mentioned on This Page
Ing A
Conroy’ Bros. Circus
Ee “and & P.M
Thompson’s Grocery
Cher’s
C. A. Jensen
Christensen’s
Baumbet's
Wendt’s
Graettiner
Hakery
City Eat Tekets
Miller's
Erlekson's
THE
Craettinger
John
J. Sullivan
Ting
Theatre
Estherville
Iowa
Dustin Dismalle
Betsy-Weten
Rizoniany
Aguard
Linea
United States
Morgan
Congress
Detroit
Federal Reserve System
Honda
Wfederg
Cougtin
Johnson
White House
Carl Miller
S .G.A. Grocery & Market
Carol
Townsend
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