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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Jan 28, 1949
Page
6
The editorial notes President Truman seeks a record peacetime budget of 41.86 billion dollars with half of every tax dollar aimed at stopping the Communist tide. Party-line support is expected, with calls for more funds later to arm non-Communist nations. A 1950 election mindset colors the debate as foreign policy raises public questions.
The piece notes Dean Acheson is expected to secure Senate confirmation as Secretary of State despite probes into his associations. It highlights his public service record, prior pro Russia stance shifted after Yalta Potsdam, and the ongoing spy hunt in Washington.
A Northwestern National Life Insurance study breaks down the consumer dollar at chain groceries. It shows 83 cents paid to the chain for wholesale and retail services, with 10 cents for wages, and minor allocations for rents, warehousing, shrinkage, advertising, and taxes. The report notes prewar margins, shifts in farmer shares, and how higher volume reduces per-dollar profits.
Washington observers debate whether Truman's state of the union and proposals for social welfare and TVA expansion signal a shift toward state socialism. European editors weigh the risk to free enterprise while U.S. Republicans and Democrats spar over government loans to steel and other industries amid Cold War anxieties.
The trailer manufacturers association show in Chicago runs February 18 to 27 at the International Ampi Theatre. Exhibitors from seven states and three countries will display more than 150 trailer coach models priced from 2000 to 40000 dollars.
Betty Scheiner shows the four cent air mail postcard recently released for sale at post offices nationwide starting January 10. The postal department anticipates strong demand for the new communication card.
Senior trade inspector V. Syrov of Moscow writes in Trud that the artistic council of the city’s largest department store reviewed 672 new styles, finding 309 hats among them. He says designers should shift to mass consumer styles, as the council selects the pieces sent to manufacturers.
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