Diesel engines could reshape industry and energy use
The piece argues that Diesel engines, which can run on crude oil or vegetable oils, are advancing in ships airplanes and even autos reaching 115 mph. It contends ongoing scientific progress will change manufacturing and may lessen petroleum dependence, suggesting fuels from soybeans or corn byproducts and farmed alcohols could replace gasoline.
Understanding Inflation in Plain Terms
An editorial explainer outlines inflation as the rising of prices due to artificial monetary pressures. It notes the devaluation of the gold dollar, higher farm prices, added silver in circulation, and increased government borrowings as parts of the inflation process, with rising costs felt by many.
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Germany
Home For Aged Golfers Promoted In British Society
A British society is promoting a Home For Aged Golfers. How aged does a golfer have to be before he becomes interested in a home. The piece reflects the era’s quips about aging and leisure, paralleled with humorous clippings from varied papers.
Inflation and debt shift in central banking view
The piece notes inflation effects depend on asset ownership and dollar debts. Experts predict centralization of banking and credit control will favor property holders who bought pre inflation prices and borrowers who will repay with cheaper dollars. It hints at further inflation rise and limited public understanding.
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