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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Mar 29, 1951
Page
8
The stabilization chief argues that farm prices must not rise while controlling other costs. Parity links farm product prices to farmers’ buying costs, recalculated monthly. Johnston notes parity climbs with other price rises, risking new farm price increases. farm district lawmakers push to keep parity flexible. He reported no commitments from farm groups in talks.
Washington reports indicate Economic Stabilizer Eric Johnston will soon unveil a tough policy on profits. He discussed freezing farm price parity levels at January 25 figures and suggested labor cost of living clauses may be limited to July 1. A Wage Stabilization Board reconstitution was approved, provoking labor concerns over power and policy influence.
Annapolis March 28. Governor McKeldin signed an act requiring tracks to turn in money held for unredeemed pari mutuel stubs after three years. Unclaimed winnings, estimated at least $50,000 yearly, will go into the state general funds. The measure among 54 bills and three resolutions signed, most take effect June 1. Legislators say bettors often forget to redeem, and the bill aims to stop revenue from flowing to tracks.
Shapiro notes players risk loss when tickets fail to win and some never collect. Maryland Gov McKeldin approves land purchase for Harpers Ferry monument to John Brown and supports a joint resolution to ratify the 22nd Amendment limiting presidents to two terms. Britannica cites sneeze as omen in ancient Greece and Rome.
At the Women's Democratic Club of Frederick County regular monthly session at the Y M C A Mrs Edward D Storm outlined topics for study on local state and national government plus Civil Defense and world government. A card party was planned for April 24 at 8 p m at the Catoctin Country Club with chairs Mrs E J Fisher Mrs Chester M Knill and Mrs W Jerome Offutt. President Mrs Mary Gregory led the session with the Lord's Prayer and minutes read by Mrs Glenna M Boyer as Mrs Laura Strube was ill.
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