Income shifts under reserve board reveal mixed living levels
The Reserve Board’s report shows 1945 incomes under 3000 for 62 percent of families, dropping to 47 percent in 1946. Those earning 1000 to 5000 rise to 28 to 28 percent, with 3000 to 7500 at 8 to 9 percent and 7400 plus at 4 to 6 percent. The trend signals rising consumer purchasing power, yet leaves half of families earning under 2000 a year coping with basic needs and future security.
MENTIONED IN THIS ARTICLE
Reserve Board
America
Michigan
We Shall Win and the Wealth Gap in 1946
A observer notes stark U S income and savings disparities in 1946 with the top 30 percent holding BT per cent of savings while the bottom 30 percent own none. Wage gains favored skilled workers and professionals, while overtime pay removal and shorter weeks trimmed gains for many. Reverend L Louis Aber resigns as Protestant chaplain to enter real estate in Cranston in 1947.
MENTIONED IN THIS ARTICLE
Cour
U. S
Federal Reserve Board
CIO
America
Miliais
Providence
R. L
L. Louis Aber
Cranston
Housewife Faces Murder Charge in Memphis
A Memphis housewife with two children, Mrs Gilbert, faces a murder charge after shooting James B. Robinson, a man who pursued her despite warnings. Robinson died from a shotgun wound after approaching her doorstep as he allegedly pressed his advances and threatened her. Gilbert’s husband and Robinson’s mother testified, with differing claims about motive and prior relationship.
MENTIONED IN THIS ARTICLE
Memphis
Ware
Gilbert
Robinson
Gilberts
Son
Wark
James
Mose Gilbert
Bart
Aho
Farral
Also Mentioned on This Page
Woman
Spivia F, Porter
Jogjakarta
Dava
Soekarno
Kiyria
Canada
THE
Elyria Savings and Trust Company
New York
Elizabeth
Guth
Wwe
SEE
H. H. Benham
Ciyra Sav
Orace
Elyria
A. Meyers
Lincoln Theatre
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