Postwar inflation fears tied to debt and policy
The piece argues that the postwar recession risk rests on monetized government debt from World War I and wartime spending. It notes about 280 billion dollars in debt, inflationary bank credit, and continued government outlays from the Korean War and foreign aid. It warns that policy cures may inflate further without reducing debt pressures.
MENTIONED IN THIS ARTICLE
Theovernment
Inflation Threats and Debt in Postwar Fiscal Debate
The piece argues long standing policies have adapted to wartime economics and warns that current nostrums amount to renewed deficit financing. It notes that peacetime deficits would need to rival wartime debt to restore inflationary pressure and predicts the 50-cent dollar faces further halving risks.
Atkinson Notes Provinciality in Broadway Drama Trends
Brooks Atkinson, New York drama critic, discusses Broadway plays including Look Homeward Angel and Winesburg Ohio. He argues they show writers escaping provincial life to the big city, noting modern culture blurs old regional barriers and risks to originality when moving to New York. Tennessee Williams also returns to the South for authentic settings.
MENTIONED IN THIS ARTICLE
Brooks Atkinson
New York Drama Critics
Atkinson
Thomas Wolfe
Angel
Sherwood Anderson
America
New York City
Meramec Caverns
Stanton
Amazon River
Fiji Islands
Sir Winston
Lady Churchill
Anne Morrow Lindbergh
Editorial Digest From Daily Newspaper Pack
A digest of editorials drawn from forty newspapers arriving at the office. Curated selections highlight opinions on politics economy and public policy with brief summaries and notable perspectives from multiple publications.
Secrets on Sharks and Razor Blades Surface in Defense Records
The Defense Department releases long hidden counts of shark attacks in U.S. waters from 1907 to 1940 totaling 69, some tied to German submarine activity. Also disclosed is a WWII era tale of razor blades in occupied France, reclassified for national security until 1954.
MENTIONED IN THIS ARTICLE
Defense Department
U.S
France
Hemingway Wins Pulitzer Prize for The Old Man and The Sea
Five years ago Ernest Hemingway won the Pulitzer Prize for The Old Man and The Sea. Four County and two city men left for induction into the Army, including Ronald D. Herbaugh and Eugene F. Van Meter.
MENTIONED IN THIS ARTICLE
Ernest Hemingway
Army
Alexandria
Ronald D. Herbaugh
Eugene F. van Meter
Arthur H. Snyder
John van Jenkins
Carl E. Brill
Walter ©. Mason, Jr
Paul E. Anderson
Women's
Memorial Hospital
Miller 9-year-old passes entrance exam to West Point
Ten years prior to 1948 George W. Miller age 9, son of Lt. Col. George F. Miller and Mrs. Reatha V. Miller, passed his West Point entrance exam. The same period saw a Prattville Alabama tornado destroy a grammar school killing one child and injuring twelve plus a teacher. Helen Abshire returned to Shenandoah College in Dayton after a brief visit with her parents, Mr. and Mrs. 8.8 Abshire.
MENTIONED IN THIS ARTICLE
George W. Miller
George F. Miller
Reatha V. Miller
West Point
Gramer School
Prattville
Ala
Helen Abshire
Shenandoah College
Dayton
Abshire
President Roosevelt Eyes Pension Increase for Mrs Lee
1908 note reports Roosevelt’s interest in Gen Fitzhugh Lee’s family and a possible pension raise from $30 to $75 for Mrs Lee. Also mentioned is Dr C J J VonWitt receiving a mounted two bodied lamb from a Chambersburg taxidermist and the engagement of Edith Ramsay to Frank McCormick near Berryville.
MENTIONED IN THIS ARTICLE
Roosevelt
Fitzhugh Lee
Lee
C. J. J. VonWitt
North Main Street
Chambersburg
Wright
G. William Ramsay
Edith Ramsay
Frank McCormick
Berryville
Odd Life Facts from Hal Boyle Mailbag
New York columnist Hal Boyle shares quirky life tidbits from his mailbag. Notes include life expectancy quirks in India and Ceylon, origins of Turkish baths, Nevada’s marriage rate, Walter Brennan’s accent, and curious trivia about geography, animals, and famous figures.
MENTIONED IN THIS ARTICLE
India
Ceylon
New York
Rome
Nevada
Walter Brennan
West Virginia
New England
Swampscott
Mass
Fisherman
United States
Lebanon
Kan
Pacific Ocean
Jamaica
Strength For The Day by Earl L. Douglass
The rooster on weathervanes recalls Peter's denial of Jesus and his later martyrdom. The cock’s crow reminds believers to beware pride, yet the story also shows triumph over shame through Peter’s courage, faith, and perseverance.
MENTIONED IN THIS ARTICLE
Earl L. Douglass
Peter
Jesus
Labor bill prospects fade as Congress talks stall
Washington observers say a broad labor measure this year is unlikely as the House delays hearings while Senate action lumbers forward. Senator Lyndon Johnson signals action, but House chances look dim. hearings begin on pension welfare amid pressure from Republicans and the Eisenhower administration.
MENTIONED IN THIS ARTICLE
Washington
Houses
Congress
Senate
House
Lyndon B. Johnson
Texas
Democrats
Senate Labor Subcommittee
Labor Committee
Caue
Labor Mitchell
Johnson
William F. Knowland
California
Eisenhower
IQ Quiz Notes and Sample Questions From a Memory Test
A listing of scoring bands for a ten day IQ style test with 100 questions and a sample Page 2 quiz asks about Baltic states, Judas death, New Zealand capital, chair versus sit, Belmont Stakes location, French president at surrender, US gold depository, Browning character Caponacchi, Toplady hymn, and four US states starting with W.
MENTIONED IN THIS ARTICLE
Baltic States
Soviet Union
Judas Iscariot
New Zealand
France
United States
Browning
Caponacchi
Toplady
U. S
Goodbye contraction signals reset of labor laws in 1958
A churchly note on farewell phrases notes Goodbye as a contraction of God Be With Ye and suggests broad labor legislation must restart in 1958, causing widespread legislative resets and rethinking of policy.
MENTIONED IN THIS ARTICLE
God
Worry Clinic Shows Newspapers as Daily Psychology Major
Dr. Crane argues readers gain a college level psychology education by following his column. Lois L a Ohio housewife cites scrapbook study while Crane notes newspapers serve as textbooks in schools and professional settings, urging balanced daily reading with educational features and editorials.
MENTIONED IN THIS ARTICLE
Lois
Ohio State University
George W. Crane
Lois L
Ohio
George Washington
Northwestern
America
Munu
The Doctor Speaks on Maternal Instinct and Capacity
Dr. Bundesen discusses varying maternal capacity among women noting some lack full love for all children. He cites Dr. Seitz and Chicago forum findings and suggests society recognize imperfect motherhood. Readers with shingles ask about post infection pain. doctors explain herpes zoster and possible nerve blocks.
MENTIONED IN THIS ARTICLE
Amer: Congress On
Fiere
Chicago
Phillip Seitz
Chicago Institute For Psychoanalysis
E. B
Unemployed Safe Burglar In Dayton Questioned Before Test
Dayton detective W D Jones fills a questionnaire before administering a lie detector test to a burglary suspect. When asked his occupation the man replies he is an unemployed safe burglar who was laid off at 5 30 this morning.
MENTIONED IN THIS ARTICLE
Dayton
Ohio
W. D. Jones
Also Mentioned on This Page
Greensboro Daily News
Hubert M. Cather
Gertrude Berry
Virginia Eubank
Richmond
Frances Parkinson Keyes
William P. Massey
Amherst Street
Hal Boyle
Queen Elizabeth
Buckingham Palace
THE
Associated Press News
I.Q
Doctor
By Herman N. Bundesen, M.D