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Newspaper
Mount Airy News
Location
Mount Airy, North Carolina, United States of America
Date
Jun 16, 1950
Page
11
A 20 year span sees the national debt grow from 17 billion to 258 billion as the federal deficit widens. The government plans to spend about 51/2 billion more this year than the 26 1/2 billion it will take in, with similar shortfalls expected.
The 1961 budget sparks two Senate plans by Byrd and Douglas to cut non military jobs and public works while trimming new programs. both favor Hoover Commission reforms to slim government. FDIC notes show 1949 bank deposits at 165 billion and checking accounts rising by 5.0 billion in late 1949.
Average weekly earnings rose to $50.57 in mid March per the Bureau of Statistics. A month earlier the figure stood at $54.37, indicating a shift in earnings levels for factory workers.
D J Thomas of Wytheville Virginia 64 says he suffered over a year with sores mouth and lip weakness and could not eat or sleep He credits five months of Dr Burnetts New Medicine for full recovery and return to work Doctors had warned of mouth cancer but he reports three years well The medicine is sold weekly at Dr Chae K Burnett Hillville Virginia offering more relief to many without details
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