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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 22, 1920
Page
4
Bradstreet's report shows fewer business failures in the first ten months of 1919 than any similar period in 19 years. Total failures numbered 4 726, with liabilities near a 19 year low except 1902. The article asserts prosperity, citing rising earnings and stable outlook for the current year if business leaders stay prudent.
The excess profits tax failed to curb war profiteering and instead raised prices for consumers. Treasury and federal trade commission testimony show the public bears five dollars in costs for every one dollar in revenue. Critics say it promotesintiated capitalization and harms efficient production. the tax reason to remain has vanished and Congress should repeal it.
In a reflection on U S war bonds, the article argues that below par quotations are paper losses not real, given the bonds hold top ratings and national debt remains sound. It suggests borrowing against bonds at about 76 percent to secure cash while preserving full value at maturity.
The Philadelphia Press mocks Wilson as deluded about public will and urges ratification with reservations. The Chicago Tribune suggests delaying no longer and ballots the treaty for public scrutiny. The Pittsburgh Leader accuses Wilson of courting a third term and turning theLeague into a personal campaign issue.
Capt Al Waddell recalls a strange incident in the mess where a private tested the officer with a cup of tea served as coffee and containing a toothbrush. A stern colonel warns officers to refrain from swearing skylarking card games and limit smoking on the upcoming coast train journey.
A columnist recalls friends investing surplus income in oil stocks for big gains and arguments over optimism. One investor refuses to fear loss, valuing the joy of hopeful plans. The piece argues balanced optimism: be prepared for anything but expect the best.
Household cooking notes describe three fruit desserts and a cider drink. Methods include baked apples in grape juice and in cranberry sauce, and a spiced baked apple pudding with bread crumbs. Cider is recommended for its vitamin content.
The passage describes preparing pot roast with shoulder, including bone removal, washing, mixing onions, celery, thyme, and parsley, stuffing into the meat, rolling and browning in fat, then simmering with three cups of water. It also outlines stuffing a flank steak with seasoned bread dressing and baking covered for one hour.
A humorous verse laments winter's grip with cold, wind, and snow while predicting an early spring. Uncle Bill Bottletop chimes in with a moonshine quip about appearances versus truth, ending with a weathered moral about judging by appearances.
In Washington three compromise moves are being prepared in the Senate as Lodge conferees struggle to reach agreement on the treaty. The options include reopening debate for reservations, Underwood’s conciliation committee poll, and a cross party round robin to rally treaty supporters.
Carranza advances land division with 40,000,000 acres reverting from corporations to government and being subdivided for small farmers. Over 1,000 towns benefit from community lands as price pressures, silver shortages, and bullion movement strain the economy.
River gauges show Point Bridge at 5 feet rising while Herr's Island is at 5.4 feet rising and Davis Island at 6.9 feet rising. Beaver Dam reaches 8 feet and Parkersburg at 6.3 feet rising while Point Pleasant falls to 6.8 feet.
The cabinet decided on a policy of non interference in Russia and planned a frank explanation to America about Japan’s stance on the Russian economic situation. The declaration came at a Diet meeting.
In St Louis Water Tower Bank four gunmen held up the bank and fled with cash as Patrolman Harry Shea opened fire. He killed one bandit and was badly wounded as the others fled, leaving the loot behind.
Carranza authorities announce the relinquishment of foreign concessions in Lower California affecting Japanese interests at Magdalena Bay. The government takes possession of nearly 18 million acres from the California Mexican Land and Cattle Company and adjacent tracts. The Mexican presidential race looms as a real contest with Generals Alvaro Obregon and Pablo Gonzalez leading, and Ambassador Ignacio Bonillas a distant candidate.
Indianapolis Jan 22 The Legion commission condemned the New York assembly action suspending five socialists. It denounced moves to overthrow representation and deny duly elected members their seats unless legally disqualified.
Break a cold with Pape's Cold Compound taken every two hours until three doses. The first dose opens clogged nostrils and air passages, stops nose running, relieves headache and feverishness, sneezing, and stiffness. It acts without quinine and costs only a few cents at drug stores.
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