England’s postwar socialism under scrutiny in London report
Godfrey M. Lebhar, editor of Store Age, reports from London on socialism in industry. He notes seven years of socialist rule yield poor results and poll data show 39 percent favor continuing Labour while 49 percent back Conservatives. Travelers cite rationing and low availability of goods, with shoddy substitutes and exports to the United States.
MENTIONED IN THIS ARTICLE
Godfrey M. Lebhar
Store Age
England
London
United States
Farm Bond and Dog Stand By Farmers in Hard Times
Uncle Sam praises farm dogs as faithful protectors and highlights Defense Bonds as a dependable aid during emergencies. In modern mechanized farming cash shortages loom, but Defense Bonds quickly convert to cash to cover crop losses, livestock setbacks, accidents, and other unforeseen hardships.
MENTIONED IN THIS ARTICLE
U. S
American Stock Markets Spread Ownership Across Classes
A 1940s-era essay argues socialism is costly and England’s example to be avoided. It notes a rising middle and lower class owning American enterprises through stock investments, citing Funston of the New York Stock Exchange. In 1929 some 660,000 people earned 4.6 billion after taxes. by 1946 2.8 million earned 11.2 billion. About 15 million own stock today, with one third of a large brokerage’s clients earning under 5,000. The piece stresses exchanges educate the public on price formation and that ownership is increasingly widely distributed.
MENTIONED IN THIS ARTICLE
G. Keith Funston
New York Stock Exchange
Funston
Take It Easy Years Beckon Farmers With Defense Bonds
Defeat of retirement fund worries prompts farmers to invest in United States Defense Bonds. The bonds offer strong backing and attractive growth, with $75 growing to $100 in ten years and to higher values over longer terms. This savings option is pitched as secure and rewarding for agricultural workers facing retirement.
MENTIONED IN THIS ARTICLE
United States Defense
Treasury Decortmes
Our new power to deter war and seek world peace
Gerard Nollen argues that peace requires both credible military strength and economic resolve. He warns enemies will push for costly wars unless they see we will fight to a finish and maintain fiscal discipline to prevent inflation and debt.
Submitting to Sacrifice for Peace and Budget Discipline
The speaker argues public support for a costly defense until peace negotiations succeed, warning that enemies must be convinced the war program is unprofitable. He calls for high taxes, credit controls, and a broad savings program as temporary sacrifice. A three year old, Karen Skilbred of Buffalo Center, suffered minor bruises after a fall from a moving family car traveling at 50 miles per hour.
MENTIONED IN THIS ARTICLE
Karen Skilbred
Buffalo Center
Rabies Shots for 2YearOld After Kitten Bite in Corwith
Two year old Danny Wagner of Corwith is taking rabies shots after being bitten by a rabid kitten he played with at home. His father killed the animal and a report from Iowa City confirmed it rabid. Forest City lost a historic 100 foot standpipe built in 1895 once the best in the state. The Page county courthouse at Clarinda gains a new tower as crumbling brick forces dismantling down to the cloth faces.
MENTIONED IN THIS ARTICLE
Danny Wagner
Corwith
Iowa City
Forest City
Page County
Clarinda
Also Mentioned on This Page
Evergreen Field
Graettinger
GHS Pirates
Livermore
Laurens
Spencer
Swea City
the Graettinger Times
John J. Sullivan
Grasttimer
Palo Alto
Emmet
Fenton
Uncle Sam
Owa
Graettinger Times Office
America
Gneda
Live Stock West Company
Sioux City
Iowa
Ogon YU
Bero
Estherville
Algona Rendering Co
Mr. Farmer
Wallingford
Ringsted
Earl Tuttle
Davie Packing Ca
Gerard
Nollen
Robert Shmonsen
City Meat Market
Lowa Run
State Bank
Grein Electric
NORGE
Fairbanks Morse
Emmetsburg Rendering Works
Glenn Henrich
Emmetsburg
AL Records
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