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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Scandia Journal
Location
Scandia, Kansas, United States of America
Date
Jan 26, 1956
Page
7
The piece argues that federal taxes and debt management drive the economy more than partisan aims. It cites Senator Douglas urging debt reduction from any 1956 57 surplus and calls for timely federal tax cuts in a downturn, noting state and local taxes lack economic sensitivity.
The report highlights an economic downturn and higher taxes, with inflation pressures and broader tax reforms. It notes large firms show rising profits while smaller firms see declines, and that access to credit remains tight for small businesses and farmers who rely on banks and government credit. The Commerce survey shows plans for expansion depend on securities markets, while small firms scramble for funding.
An elderly farmer Reb Skinner mishears a phone message about John Hickman’s death due to hearing loss. The wrong name Lon Wickman is given and a mistaken funeral is held. Hickman later dies properly. Reb refuses to attend a second service, joking about duty.
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