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Amarillo Globe in Amarillo, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Globe

Location

Amarillo, Texas, United States of America

Date

Aug 13, 1934

Page

8

Iowa Corn Makes Southward Move From Des Moines

Widespread drouth across the Midwest drives Iowa corn south to feed starving livestock in the South and Southwest. Hundreds of trucks haul corn through Iowa daily as elevators shift large shipments to Missouri Kansas Nebraska Arkansas Oklahoma and Texas. Prices reach 75 to 80 cents a bushel while government loans of 45 cents a bushel are being released. An official estimates Iowa releases about a million bushels daily though two thirds remain under seal as Iowa held 130 million bushels valued at 61 million dollars. Farmers begin paying loans and profiting from sales amid optimistic notes on supply. Banana preparations and flour usage noted for West Indian, Chinese, and Hawaiian cuisines.

Des Moines Midwest Iowa Missoru Kansas Nebraska Arkansas Oklahoma Texas H. C. Aaberg Towa

Roosevelt plan to make silver an international money metal

The excerpt discusses global attitudes toward money and salesmanship, noting British style in handling payments and American figures. It mentions China’s fear of silver draining out if Roosevelt favors silver as an international monetary standard, and notes India’s similar preference for real, not paper, money. It cites a five billion figure and references workers paid in British banknotes.

China Roosevelt India

Silver money and the coming silver age predicted

The author argues silver, not gold, is the true wealth of nations and that widespread monetization of silver could boost prosperity. He asserts the US could profit from silver reserves via seigniorage, while gold remains a British-led standard. The piece also mocks fiat money and stresses value lies in real goods, not money.

United States

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