Inflation Seen as Worst Threat in U S History
Washington coverage by United Press Staff Writer Lyle C. Wilson warns that inflation threatens the United States more than past crises. He notes rising meat and farm prices, looming spending surges, and calls for measures to anchor wages and prices while defense spending grows.
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Bankers urge saving to curb inflation at ABA meet
A. L. M. Wiggins urged Americans to save more and spend less to solve inflation. As chairman of the Bank of Hartsville and two railroads, he spoke to about 7,000 bankers and wives at the American Bankers Association 75th annual convention in New York. He warned of inflationary dangers and called for tighter spending.
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Bernard Baruch Portrait of a Citizen condensed feature
Reader's Digest presents a 13 page condensation from Wm. L. White's Bernard Baruch: Portrait of a Citizen. It traces Baruch from youth to a millionaire by 32, his elder statesman role, and his foresight on events including the 29 crash and World War II, highlighting his disciplined hard work and risk taking.
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