Price Control is More Preaching
A concise column argues against price controls as mere preaching rather than practical policy, urging concrete steps rather than rhetoric. The piece critiques government interference and calls for market-based remedies to curb inflation and ensure supply.
History as warning on price and wage control in politics
The writer cites a World War II reprint and ancient and Roman price controls to argue that price and wage controls fail and harm economies. He notes Babylon, Hittite, Diocletian, Robespierre, and Continental Congress examples to claim such policies are political preaching with little real practice. He warns against government price controls for ordinary citizens.
MENTIONED IN THIS ARTICLE
New York Times
Times
Ashington
B. C
Babylonia
Diocletian
Roosevelt
Truman
France
Robespierre
Continental Congress
Fulton Soldier Home From Korea With Battle Award
Cpl. Charles Sypith, son of Mr and Mrs Sean Smith of Fulton, arrived home on leave after arriving May 22 in the United States from Korea. He was wounded November 7 in Korea and awarded the Purple Heart. Enlisted October 1949, he served 50 months with the First Cavalry. will report to Ft. Sill on June 25.
MENTIONED IN THIS ARTICLE
Cpl
Charles Sypith
Sean Smith
Fulton
United Tates
Korea
Cpl. Smith
Seoul
Army
Calvary
Ft. Sill Ok&la
Shaver Wildcat Drilling At 2 280 Featured
A terse report notes Shaver Wildcat drilling at the 2 280 mark. Readers are urged to watch for further updates on this continuing mining activity.
MENTIONED IN THIS ARTICLE
Shaver Wildcat
Sherman Calls for Blockade of Red China
Admiral Forrest P. Sherman testified in the Senate inquiry into General MacArthur’s dismissal. He urged an effective United Nations backed blockade of Red China but warned the United States should not act alone. Lerhman cautioned Russia could oppose without UN support. Sherman backed Truman war policy and said a different Korea strategy might be needed if current plans fail. Continued on Page Two.
MENTIONED IN THIS ARTICLE
Washington
Forrest P. Sherman
United Nations
Red China
United States
Lerhman
Russia
U. N
Unitetat Nineso
Sherman
Senate
Douglas MacArthur
Navy
MacArthur
Korea
Bridges
Prescott Church of Christ to Start Meeting
Evangelist R. Highers of Ft. Smith will preach at the Gospel Meeting starting Monday June 4 at 108 East Laurel Prescott. Services nightly at 7 45 pm with congregational singing. Public invited. Highers preaches the Old Time gospel without fear or favor and aims to build the Kingdom of God.
MENTIONED IN THIS ARTICLE
Evangelist R. ©. Mighers
Ft. Smith
Church of Christ
East Laurel Street
City Park
Prescott
Evangelist Highers
Kingdom of God
Jesus Christ
Negro Churches of Christ to Hold Meet at Prescott
Evangelist Wilson Hunt of Kilgore Texas will lead a tent revival in Prescott at Greenlawn and West Hazel streets beginning Monday June 4. Evening services start at 8 o’clock and run for 28 nights. White Churches of Christ assist and endorse the effort to establish a Negro congregation in Prescott.
MENTIONED IN THIS ARTICLE
Wilson Hunt
Kilgore
Texas
Negro Churches of Christ
Rosston
Antoine
Gsnel
Greenlawn
West Hazel Streets
Prescott
Churches of Christ
Fulton Youth to Graduate From West Point
George W. Orton of Fulton is among United States Military Academy cadets graduating in June. A Fulton High School graduate who attended Marion Institute, he studied with the German Golf and Fishing clubs at West Point. He earns a bachelor of science and will be commissioned as a second lieutenant in the Infantry.
MENTIONED IN THIS ARTICLE
United States Military Academy
George W. Orton
Mya J. CG. Orton
Fulton
Fulton High School
Marion Institute
West Point
Infantry
Memorial day tributes mark first Korea cemetery service
In Pusan Korea on May 30 soldiers gathered atop a hillside cemetery to honor fallen Americans from Belleau Wood Okinawa and Taejon. Lt Gen James A Van Fleet read a Memorial Day address through deputy Lt Gen John B Coulter praising heroes of Korea and urging readiness for peace and duty.
MENTIONED IN THIS ARTICLE
Nate Polowetzky
Pusan
Korea
Belleau Wood
Okinawa
Taejon
Hagaru
James A. van Fleet
Eighth Army
United Nations
Herve
Korga
John B. Coulter
van Fleet
Practical Nurses Organize in Meet Here
A practical nurses association was organized at Hope City Hall with fourteen present. Officers elected include Mrs Joe Laseter president Mrs Annie Perdue vice president and Mrs Eva Faulkner secretary-treasurer. The group will meet on the third Tuesday each month at City Hall and invites all registered and practical nurses to attend.
MENTIONED IN THIS ARTICLE
Practical Nurses Association
Hope City Hall
Joe Laseter
Ruth Hankin
State Association
J. C. Rupert
Annie Perdue
Eva Faulkner
Eugene Cox
Rest in Peace Poem by Elsie Karlin
A poem by Elsie Karlin honors brave men who died in war, praising their sacrifice and memory. It notes the ongoing horror of battle and the necessity of freedom their deaths preserved, urging respect for those who preserved safety and democratic life.
MENTIONED IN THIS ARTICLE
Rest IN
Elsie Karlin
Stockmen Form Third District Livestock Protective Association
Stockmen and other local businessmen met in the Livestock Coliseum to adopt a constitution and bylaws for the Third District Livestock Protective Association. Ed Cox of Columbus serves as temporary chairman with J. J. Lieblong as secretary treasurer. 66 members joined, including numerous Hope residents and others from Saratoga Fulton Columbus Nashville and nearby areas. A writer will be named once granted.
MENTIONED IN THIS ARTICLE
Livestock Coliseum
Third District Livestock Protective Association
C. A. Armitage
Bob Shivers
Frears
Ed Cox
Columbus
J. J. Lieblong
Mr. Liebling
Emory Thompson
A. W. Blorseth
C. O. Temple
Mitchell Sparks
Dale Jones
H. B. McRae
H. H. Caraway
Hope
W. M. Dillard
Saratoga
C. F. and
Wade Gilbert
Washington
Roy Fry
T. H. Seymour
Fulton
Jim Wilson
B. L. Cox
Johnny Wison
Paragould Jall Empty as Sheriff Reports Long Tenure
Paragould May 30. The Greene county jail here was empty yesterday the first time, Sheriff Lou Newberry said, since he took office 29 months ago.
MENTIONED IN THIS ARTICLE
Paragould
Greene County
Lou Newberry
Two Hope Students Earn Degrees at Henderson
Two Hope students from Mope received BS degrees at Henderson State Teachers College during the 22nd annual commencement on May 24. Delwin Ross earned a BSE in physical education after transferring from Southern State, and Jack Burke earned a BSE in history.
MENTIONED IN THIS ARTICLE
Arkadelphia
Henderson
Mope
Henderson State Teachers College
Delwin Ross
Tael
Ross
Southern State
Jack Burke
Mope Rt. 9
Henry Hill
George Peabody College For
Toucheers
Nashville
Tenn
Arkansas Hall
Lloyd Honeycutt
First Baptist Church
Mayoolia
Wallard Sets Speed Mark in Indianapolis 500
Lee Wallard of Altamont first time winner at Indianapolis Motor Speedway in the 35th annual 500 mile race. In the final 180 miles he surged to a record pace of 126.244 miles per hour, securing the victory as the field battled to finish.
MENTIONED IN THIS ARTICLE
Lee Wallard
Indianapolia
Indianapolis Motor Speedway
Lea Wallard
Altamont I
Jury Still Out In Burns Liquor Trial At Hope
Federal jurors deliberated into Tuesday after reading jury instructions in the case of Glen Nolan Burns of Hope on a liquor violation charge. Arkansas State Police said they found about three gallons of whiskey near Burns. Burns denied ownership. Charlies Bapsley led the government case and Ban Shaver defended Burns. Roy Thrash of Hope was added to the day-night jury panel.
MENTIONED IN THIS ARTICLE
Texarkana
Glen Nolan Burns
Panal
Jamey
Ogain
Burn
Arlansay
Burns
Burneo
Charlies Bapsley
Ban Shaver
Tors Jarkuaa
Sarior
Roy Thrash
Hope
95 Degrees Sets Yearly Heat Record at Arkindus Station
Yesterday proved the hottest day of the year in this section as 95 degrees marked a new record at the University of Arkindus Experiment Station. The mercury did not dip below 72 degrees during the 24 hour period, surpassing the previous high.
MENTIONED IN THIS ARTICLE
University of Arkindus
Rotarians to See American Airlines Film
W E Weatherly of American Airlines operations at Tex avicana will present a color sound film on Acapulco Riviera of the American in the Woolly luncheon of the Math Rotary Club this Monday. Witham Talioson arranged the program. The film highlights a modern tropical winter resort on Mexico's west coast, popular with American tourists.
MENTIONED IN THIS ARTICLE
W. E. Weatherly
American Air
Ines Mander
Texavicana
Acapulco
Delegates Chosen for Demonstration Club Meeting
Members of the Demonstration Club select delegates for a meeting at city hall, with travel by chartered bus from Hope to Michigan State College in East Lansing. Plans include Mrs. D. Driuto and Mickey Williams, among others, traveling August 1919 by bus with Arkunsny delegates.
MENTIONED IN THIS ARTICLE
Ion Club
Herpstaadschunome
Miesdaye
Mich
Igan ‘State: College
East Lansing
Mickey Willams
Mra
Dyigoo
Othor’ Arkunsny
Mrg
Hodnett Hope Rt
Pagu
Marble Meet Starts at Five at Fair Park
Marble meet opens at 5 PM at Fair Park with local youths competing in the first Ramway Cargile tournament. Champions include Jock Cyus and Chris Cook with a playoff set against Otte Henry and Hope Bayals winners. State playoff berth to Albuquerque next month. event free with expected crowd support.
MENTIONED IN THIS ARTICLE
Andy Duncan
Tate Park
Jock Cyus
Yih- Herwup
Chris Cook
Jerry McCarkle
Paula Bush
Otte-Henry
Cexurkana
Hope Bayals
Philmiplony
Albuquerque
Toxarkana
Post
Presbyterian Men Meet Thursday
The Presbyterian Men of the church will hold a meeting Thursday night at 7 oclock. Rev. will lead the evening service and discussion. Members are urged to attend and participate in the monthly gathering.
MENTIONED IN THIS ARTICLE
Presbyterian
Turbulent War Reports From Tokyo May Beiamed
A garbled dispatch describes fighting in Korea and Tokyo with confusion over lines and troop movements. The report mentions a communist base being seized, trains under attack, and heavy rain affecting operations, with references to Alfred Bild and a South Korea command, but many phrases are distorted and unclear.
MENTIONED IN THIS ARTICLE
Alflad
Communtat
Korea
Flotel
Anothi
Inje
Tokyo
Alfred Bild
A. Commino South
Also Mentioned on This Page
Rea
Lyling A
Prescott Church
Gls
Stockmen Plan Protective Organization
Bulletins
American Airlines
Fair Park
Bobby Jean Formby
Princess Hempstead
Narrows Lake