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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Nazareth Item
Location
Nazareth, Pennsylvania, United States of America
Date
Feb 24, 1938
Page
2
The piece argues the German army has long held supreme power in society shaping citizens' obedience. It cites Field Marshal Werner von Blomberg’s forced retirement for marrying a carpenter’s daughter as a mesalliance. Officers are portrayed as above civilians, reinforcing a caste system and limiting human rights perception in Germany.
A proposed system of toll roads spanning the nation would cost about eight billion dollars with annual interest and amortization around 220 million. Toll rates for cars would start at 25 cents plus 1.5 cents per ten miles, trucks higher, and routes would pass around towns with multiple lanes. Senator Bulkley sponsors a Federal Highway Corporation to complete three years of work, hoping ten percent car usage yields a profit to cover costs.
The piece argues for a stable funded pension not subject to yearly congressional appropriations. It cites the Railroad Retirement Board example: 46,000 disability pensions about $8 monthly, 26,009 retirement annuities around $70, and benefits to about 750 widows and orphans. The railroad plan is self contained and proper.
The piece describes a stagnant industrial situation with a January rise followed by a February leveling and a small decline due to steel drops. It notes widespread price pressures, Roosevelt’s stance on prices and wages, anti monopoly efforts, and mixed signals across Motors, Electric Power, Retail Trade, and Employment. It cites General Motors January sales of 63,000 versus 93,000 a year earlier, and mentions heavy year end inventories easing toward early 1933 levels.
The piece notes a gentle up-and-down securities curve with a general downward drift and unusually low turnover. It describes investor unease and cites forecasts of a slow improvement in about three weeks. The discussion also covers the collapsed hopes for curbing the world armament race via negotiations.
Japan replies to an American inquiry by saying she will do as she pleases and accept no interference. England France and the United States plan conferences to set policies which, barring a miracle, will lead to bigger and more contentious measures.
The latest U S plans propose a 43 000 ton vessel with 18 inch guns. World War era giants included the 41 000 ton Weingy. Japan reportedly begins construction of ships of similar size and power.
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