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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Reporter Boyden
Location
Boyden, Iowa, United States of America
Date
Oct 02, 1947
Page
4
The American Products Council disputes State Department tariff cut arguments claiming imports would soar. It warns major U S industries from woven textiles to furniture and cosmetics could be driven out of business as a result of halved tariffs.
A State Department official analyzed postwar foreign trade claiming 40 percent of export earnings come from U.S. Treasury funds. The piece argues continued exports mask government subsidies, loans, and grants, urging realism on tariffs and foreign markets.
The American Federation of Labor compares 1940 wages across nations using baskets of food. US workers could buy 2.83 baskets per hour, Britain 1.26, France 1.11, Germany 1.02, Italy .65, and Russia .40. The piece argues freedom and high wages go together and warns of threats to raise taxes, inflate budgets, and unstable industrial relations.
The first farm plows were fashioned from crooked tree branches and used by hand. The record notes early agricultural tools and the shift from natural implements to human powered farming.
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