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Newspaper
Reporter Boyden
Location
Boyden, Iowa, United States of America
Date
Feb 21, 1946
Page
2
President Truman unveils a nine point plan to conserve dwindling wheat and other foods for overseas relief. The program promotes higher flour yield, cutbacks on alcohol and grain use, faster rail shipments, and expanded canned milk and cheese supplies.
The article outlines a new wage-price formula pushed by Reconversion Director Snyder to raise wages about 17 percent with corresponding price boosts to help industry absorb costs and restart production. It notes Truman’s support for a revised plan and contrasts positions within the administration and at the UN.
Honey production reached 233 million pounds in 1945, up 23 percent from 1944 and 19 percent above the 1939 to 1944 average. Beekeepers benefited from higher prices amid a sugar shortage, expanded packing to one and five pound containers, and increased retail sales.
Federal receipts from alcohol industry reach 2.4 billion dollars in 1945. Data show a 14 percent rise from the prior peak, driven by wartime excise taxes and occupational taxes as the government records record high liquor revenue.
The agriculture department reports a continued rise in farm land values with a moderate drop in sales volume for 1944 45. Nationally land values during World War II rose by about 50 percent versus a 25 percent gain in World War I.
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