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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 22, 1920
Page
6
The Bradstreet report for the first ten months of last year shows fewer business failures than any similar period in 19 years with 4726 failures and low total liabilities except 1902. Despite objections, earnings reports and income tax returns are expected to confirm continued prosperity if firms stay cautious.
The excess profits tax aimed to curb war profits but failed as producers shifted costs to consumers. Treasury and trade officials say each extra dollar into the treasury costs consumers five, fueling higher prices. Critics argue it inflates capitalization and hampers efficient production, calling for repeal as the original wartime need wanes.
A columnist reassures bondholders that U S war bonds rated Rana remain sound while prices may dip below par. It explains the option of bank loans up to about 75 percent at six percent to avoid cash loss, emphasizing bonds retain full value at maturity and holders still own the securities.
Reprinted editorials from the Philadelphia Press the Chicago Tribune and the Pittsburg Leader criticize President Wilson regarding the Versailles treaty and the League of Nations. They discuss referendum strategy race for Senate ratification and Wilson's political standing in a potential campaign.
Dinner Stories recount a weird mess line incident where Private Jones served a cup deemed tea as coffee with a toothbrush inside it, provoking laughter and a stern mess order. A colonel then governs an upcoming coast train trip, forbidding swearing skylarking card play and excess smoking, while a timid soldier asks to bring plain sewing.
The writer contrasts investors who gamble on oil with neighbors who criticize them. One investor plans a Bermuda trip and a renovated porch, another funds a daughter's bathroom, all confident in gains yet aware of risk. The piece advocates balanced optimism: be prepared for any outcome but expect the best.
A Dutch style fruit bake guide describes Baked Apple in Grape Juice, Baked Apples with Cranberries, and Spiced Baked Apple Pudding. Recipes use apples, cranberries, raisins, elder, grape juice, syrup, and spices baked slowly. Also suggests cider for vitamins.
Instructions for pot roast with shoulder of mutton involve bones, stuffing, onions celery thyme and parsley, flour and shortening browning then slow cooking with three cups boiling water. Also a stuffed flank steak recipe with bread dressing baked one hour in a covered pan.
A humorous verse complains of harsh winter winds and the coming of spring with hopes for warmer days. It includes a dialog with Uncle Bill Bottletop comparing moonshine to crystal spring water.
Three new compromise moves are advancing in the Senate as Lodge’s bi partisan talks stall. The plan looks at open session reservations, an official conciliation poll led by Underwood, and a cross party round robin to unite treaty supporters despite leadership splits.
The article notes Carranza's land division program for agrarian reform in Mexico, with over 40,000,000 acres held by about two dozen firms reverting to government and slated for subdivision to small farmers. It also mentions more than 1,000 towns already aided, persistent price pressures from silver bullion, and the Mexico City Mint's coinage bottleneck.
Point Bridge is at 5 feet and rising while Herr's Island at 6.4 feet and Davis Island at 6.9 feet climb. Beaver Dam measures 8 feet rising and Parkersburg at 6.3 feet. Point Pleasant is 6.8 feet and falling. In Tokyo the cabinet adopts a policy of non interference in Russia and will explain Japan's stance on the Russian economy to America.
In St Louis on January 22, a bank holdup at the Water Tower Bank ended with one bandit killed and Patrolman Harry Shea severely wounded. The six highwaymen fled with a bag of cash after Shea opened fire and killed a bandit.
Foreign concessions in Lower California are canceled by Carranza authorities as Mexican land grants face seizure totaling up to 18 million acres. The 1920 era election is expected to be highly contested with General Alvaro Obregon and General Pablo Gonzalez as leading candidates. Ambassador Bonillas, previously in Washington, lacks broad support outside government circles. The contest could trigger revolutionary tactics if ballots are ignored, with fears of U.S. intervention discussed amid denials of Caranza plots to stay in power.
The Americanism commission of the Legion, meeting in Indianapolis, denounces New York Assembly actions suspending five socialists. It protests any move to overthrow representation or bar properly elected officials from sitting, unless legally disqualified.
A wartime era ad-like note touts Pape's Cold Compound to break a severe cold. Take two hour intervals and three doses aim to relieve stuffed nose headaches sneezing and sore throat. Quick, inexpensive relief with pleasant taste. no quinine needed.
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