Two Sacred Cows in U S Economic Policy
Boston Herald financial editor Edson B. Smith warns that government pursues two "sacred cows": prosperity via inflation and coddling unions. He argues money is not wealth, prices rise from inflation, and real wealth per person remains limited since 1910. The piece blames wage demands and currency expansion for higher costs and calls for American readers to recognize the delusion before a deluge.
MENTIONED IN THIS ARTICLE
Edson B. Smith
The
Boston Herald
United States
Smith
George S. Benson
Eisenhower
Harry Hopkins
Dulles Press Touts Bipartisan Foreign Policy Tactics
Secretary of State John Foster Dulles used a recent press conference to frame U S diplomacy as prudent and bipartisan amid proposed exchanges with the Soviet Union. He praised Senator Knowland yet argued against withdrawing from mutual security agreements and reviewed past offers on radio exchanges with the Russians. He cautioned that disarmament talks face tough scrutiny and tempered expectations raised by Governor Stassen.
MENTIONED IN THIS ARTICLE
Washington
NEA
John Foster Dulles
Knowland
Hungary
Dulles
Khroghchev
United States
Daves
Texas
Johnson
New York
Geneva
Molotov
Dales
U. S
Harold Stassen
United Nations
Mois
Uiet
Siassen
Staseen
Dalles
Beliefs Behind Inflation and Unemployment
A fragmented scanned essay argues inflation stems from government control of money and faulty beliefs about education and union wage setting. It links rising wages, unemployment, and capital losses to noncompetitive practices, urges clearer natural-law understanding, and promises continuation in a future issue.
MENTIONED IN THIS ARTICLE
Treasury
U. S
James Irvine
California
Question and Answer on Witchcraft Hangings in Colonial America
A reader asks how many people were publicly hanged for witchcraft in colonial America. The answer cites nineteen executions, with more than twenty arrested on witchcraft charges. The note mentions several hangings occurred by September, referencing the era’s witchcraft prosecutions.
MENTIONED IN THIS ARTICLE
Colonal
America
Inflation Persisted Under Tight Money Policy Debate
The Byrd Committee weighs preliminary data challenging the admin issued tight money stance. Democrats argue inflation rose while cost of living stayed high, hurting taxpayers homeowners and middle class. They claim big borrowers pass costs to the public, as unions anticipate wage and price rises amid expansion and higher rates.
MENTIONED IN THIS ARTICLE
Washington
Byrd Committee
Virginia
Hite
Eisenhower
First N National City Bank of New York
Ike Walter P. Reuther Fantos
David J. McDonald
Steel
Status of forces treaty hypocrisy and Girard case
The document argues against an American military court for William S. Girard, forced under Japan’s influence via the 1953 Security Treaty and a disputed protocol. It criticizes administrative agreements and “Agreed Official Minutes” as bypassing the Constitution, leaving U.S. soldiers in Japan vulnerable to foreign justice and political motives.
MENTIONED IN THIS ARTICLE
Japan
NATO
Senate
William S. Girard
Earl J. Carroll
Department of Defense
United States
Earl Johnson
Dean Rask
Ocr
John M. Allison
Girard
Sakai
United States of America
Allison
Washington
Pressures Mount for Trade Shift with Red China
Senator Paes of Michigan urges action on trade with Red China as pressures rise. Senator Morse of Oregon criticizes inaction, linking the Idzho Power Co. case to the President and alleged connections.
MENTIONED IN THIS ARTICLE
Britain
Sen
Charles E. Paes
R-Mich
Idzho Power Co
Wayne Morse
D-Ore
Unfitness of Meany and the racketeers in unionism
The piece cites Arthur H. Wicks in 1953 defending visits to Joe Fay in Sing Sing Prison and condemns Meany for aligning with labor racketeers. It argues that labor leadership acts as a separate government, influencing vast public works funding and policy, with Fay’s parole and tax fraud figures used to illustrate systemic corruption and political complicity.
MENTIONED IN THIS ARTICLE
George Meany
Arthur H. Wicks
New York
Joe Fay
Sing Sing
Meany
Fay
Newark
Tom Clark
Supreme Court
Clark
Wicks
Senate
Tom Dewey
Dewey
Joe
Hudson River
Unitas
George Yerry, Jr
The
Carpenters
Labor
Stalin
Tito
Fry
Puzzle clue stream of mixed phrases and numbers
A fragmented word puzzle lists items like Feiines, flower, Dressed, Macaws, Ruler, Soak-ujts, and other odd entries. It includes numbers and hints such as 38, 10, 22, and references to chemical ether.
Also Mentioned on This Page
Edson
Peter Edson
William Knowland
Norway
Amyes
Sevs Davies
Mer
Gladys Packer
By Ray Tucker
Mary Byrd
Rewther + McDonald
Coniran
Gore
Byrd
Movernament
Federal Reserve System
George E. Sokolsky
Lit
VAYOR
Liz
Cman
East Fourth St
Odessa
Neil
Amer
King of Beasts
Feiines
Ute
Fio
Tae