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Newspaper
Patoka Register
Location
Patoka, Illinois, United States of America
Date
Sep 19, 1947
Page
2
Australia moves to standard gauge across independent state railways. About 18 000 miles of the 24 000 miles in use will be re laid. The gauge chaos has forced transfers for passengers and freight up to four times between cities for 94 years. Economic losses reach 2.4 billion dollars and correction will cost about 800 million.
Census figures show a record baby boom postwar era but a growing aging population. The piece argues aging can be positive, urges facing aging, and cites a pamphlet on aging with Browning's line about the best is yet to be.
Commentary extols avocations as life savers for aging workers. It cites Cicero on farmers and contrasts youth versus age in different job types. The piece notes old age shocks from unprepared minds and urges practical, meaningful activities to keep purpose.
A U S agriculture department report shows total farm cash receipts for the first eight months of 1947 at 17.4 billion dollars, up 21 percent from 1946, with the average farm operator earning 2,541 dollars in 1946 and incomes rising due to strong demand and a 24 percent price rise while expenses grew about 9 percent. European crisis and Britain’s import needs spark fears of economic strain, prompting talk of a possible special Congress session to consider further aid programs.
Millions of ex G I s rush to banks to convert terminal leave pay bonds into cash. Many use the money to pay debts or buy necessities while some save or spend, with a notable shift toward reducing financial burdens. Radioactive isotopes from U S atomic research are offered to foreign nations to aid global medical research, especially cancer studies, as a key medical tool for tracing diseases.
Farmers pay premiums for tractors hay balers and combines as prewar machinery deteriorates and rural labor declines. Industry sources cite inflated prices ranging from $1,000 tractors selling at $3,000 to $4,000 for combines, driven by high demand and widespread mechanization.
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