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Newspaper
Preston Citizen
Location
Preston, Idaho, United States of America
Date
Feb 02, 1950
Page
2
Article discusses American income shortfall affecting purchases of essential goods and the risk to confidence and prosperity. It cites mid century Motors show at the Waldorf Astoria and argues free enterprise yields abundance, urging steady demand for growth.
A survey across occupations and union status finds 44 percent say labor laws are not strict enough while 17 percent say too strict and 24 percent say about right. Businessmen favor looser rules, manual workers and union members lean toward about right or stricter standards.
The text discusses rising car ownership in America, noting 8 million families owned cars before World War II and 12 million by 1948. It attributes growth to Sloan and argues communities outside large cities will gain millions of new car owners, boosting prosperity as essentials cost less than half the national income.
The article argues there is no chance Taft-Hartley will be amended repealed or junked and that John L Lewis will be unable to strike down the law. It emphasizes Congress and the president agree the law is settled and will govern labor actions going forward.
The Gallup poll finds that most voters outside labor circles do not share Truman’s label of the Taft Hartley act as punitive or one sided. Only about one in six respondents described the laws in those terms.
Virgil Kennedy of the University of Idaho extension service predicts plentiful farm supplies and high consumption for 1950. He notes prices received by farmers remain fairly steady as economic activity improves, with strong demand and rising employment and consumer income supporting farm producers.
A Kennedy report notes cash farm receipts in Idaho for Jan–Oct 1949 fell 11 percent from 1948 to 248.2 million while livestock income dropped 21 percent. Crop receipts held steady with gains in wheat and oats, and total crop value stood at 206.9 million, down 12 percent from 1948. The long term western livestock outlook remains favorable amid ample feed and growing local markets, with winter wheat planted on 872000 acres, and declines in sugar beets and several vegetables offset by increases in other crops. Idaho law now bans colored oleo sales, repealing the federal tax but leaving state regulation intact.
Sen Henry Dworshak explains Congress has passed H R 2023 repealing the 64 year oleo tax and mandating clearer packaging. If signed, the law takes effect July 1 and should reduce oleo costs by 10 cents benefiting low and middle income families. He notes restaurants must disclose oleo use to customers.
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