Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 5, 2025
Lifting the basic minimum wage is necessary, it is justified as a matter of simple equity to workers, and it will prove not only feasible but also directly beneficial to the Nation's employers. The farmers of America generally are entering the crop year of 1946 in better financial condition than ever before. Farm mortgage debt is the lowest in 30 years. Farmers' savings are the largest in history.
In the present section I shall indicate the Federal outlays which the execution of these programs may require in the fiscal years 1946 and 1947. Credits for this purpose have already been extended to Soviet Union, France, the Netherlands, and Belgium amounting to 675 million dollars.
Cash advances made on loans by the farm Security Administration and the Rural Electrification Administration are expected to amount to 266 million dollars in the fiscal year 1946 and 351 million dollars in 1947; and after receipts from principal and interest are taken into account, net loan expenditures of these two agencies will amount to 120 and 209 million dollars in the two fiscal years.
Dear Bahá’í Friends: Your letter to our beloved Guardian, dated Sept. 25th, 1946, was received, as well as the minutes of your meeting of Nov. 2nd and 3rd., and he has instructed me to answer you on his behalf. Regarding the question of Herr Jörn: Smoking is not forbidden by ‘Abdu’l-Bahá; He advises against it for reasons of health, but we have no right to prevent anyone from smoking.
The remaining controls will be retained only as long as they are needed to protect the public. Private enterprise must be given the greatest possible freedom to continue the expansion of economy. In my proclamation of December 31, 1946 I announced the termination of hostilities. This automatically ended certain temporary legislation and certain executive powers.
Fifth, protection of a fair level of return to farmers in post-war agriculture. The year just past like the year after the first World War was marred by labor management strife. Despite this outbreak of economic warfare in 1946, we are today producing goods and services in record volume.
Tenants and housewives, farmers and workers consumers in general have an equal right. We are all anxious to eliminate unnecessary controls just as rapidly as we can do so. The steps that we have already taken in many directions toward that end are a clear indication of our policy. The present Price Control Act expires on June 30, 1946.
However, we know that there will continue to be shortages of certain materials caused by the war even after June 30, 1946. It is important that businessmen know now that materials in short supply are going to be controlled and distributed fairly as long as these war-born shortages continue. I, therefore, urge the Congress soon to extend the Second War Powers Act.
So long as business does this, it will be contributing to continued prosperity, and it will have the help and encouragement of the Government. The Employment Act of 1946 pledges the Government to use all its resources to promote maximum employment, production, and purchasing power.
Mustering-out pay is a large item of our war liquidation expense; it will total 2.5 billion dollars in the fiscal year 1946, and about 500 million dollars in the fiscal year 1947. In the fiscal year 1947 the strength of our armed forces will still be above the ultimate peacetime level.
Word Of The Day
Others Looking