01 Jan 1922
Page 1
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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Jan 01, 1922
Page
1
Two million dollars is announced as available in the savings departments of several banks with 2 percent interest paid out to depositors. The message notes a future earnings scenario and implies wide circulation, urging confidence in the financial system amid a heavy snowstorm disrupting railways in the Atlantic region.
J H Hubert urges optimism for the New Year in a bank column. He notes thrift, debt reduction, lower prices, and growing savings as signs people are adopting right thinking. He argues change is certain, and to face it with hope, citing “This too will pass.”
Athens shows a healthy growth pattern with about half a million dollars invested in new buildings and additions over the past year. Wards report many constructions and improvements and plans for more early next year. A major project is a new hotel on the old Commercial site at Broad Street and College Avenue, with a planned expenditure of 100000 and work expected to begin.
A Rotary Club of Athens editorial argues business revival is underway after a low mood era. It predicts a strong mental attitude and cautious optimism will turn 1922 into an era of prosperity, urging Rotarians to sustain momentum and counter pessimism.
Disjointed report notes Risco Municipal Car Line and San Francisco intersection. Figures show total returns of 16 601 077 and expenses of 6 870 058, with operators overrun by 5 500 008 amid city fire and public works board announcements. The piece hints at a contentious inauguration and a high stake.
A report indicates next week will see a condition call issued on Hatlodal banks under Comptroller Cris singer. The notice comes after signals in the latest view of national banking trends and signals possible early action later this month.
A historical banking feature highlights Athens area prospects. The article cites a Prosperous showing for 1921 with bank dividends of 6 to 8 percent and strong profits, noting capital stock, management by Gordon, and leadership from local business figures.
Honor T J Shackelford cites a hopeful sign from Governor Harding of the Reserve Bank. He notes the May 25 1929 deflationary policy is being rolled back and anticipates a near full reversal to restore prosperity. The piece emphasizes the shift away from money and credit withdrawals and other rigid methods.
1922 business prospects in the United States are bright according to bankers. John C. Lonsdale and J. A. House predict recovery and prosperity for farmers, manufacturers, and merchants, while urging supportive tax laws and railroad rehabilitation to sustain capital flow amid unsettled finance and politics in Europe.
An editor argues that optimism faith and the quest for righteousness undergird modern life. Despite wartime strains he urges perseverance and a religiously inspired philosophy, urging readers to look ahead to year with renewed spirit and enterprise. The piece notes a serialized novel and hints at weekly installments beginning January.
The unexpected high Christmas receipts show a reserve fund in the people and growing confidence. The post office is viewed as a financial barometer for its region and Athens appears not to face immediate worries. Details remain uncertain as figures are not yet final.
President W. T. Brightwell of the Bank of Jaxeys reflects on local farming prospects as boll weevil damage recedes. He touts superior climate and water, urges diversifying crops like sweet potatoes and peanuts, and foresees a brighter section if farmers unite and farm innovatively. Continued on page 2.
A fragmentary report notes a figure linked to Calamity Howler in a tense local incident. Names like Lloyd Palmer appear in uncertain, cut text as authorities investigate a disturbance and potential charges. Further details are unreadable in the surviving sample.
Article reports on a gang attack and a reward for leading arrests related to a bank clerks murder and a wounded man. Names such as James trite and John F. White are mentioned with charges of grand larceny, alongside a note on a sugar refinery fire in Seaton Rouge and a case about bond releases at a New York court.
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