This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 23, 1935
Page
13
The document outlines three political viewpoints from anarchist to socialist, and three recovery methods including tighten belts, shared savings, and inflation. It traces the national debt rise from 1914 to the present and notes forecasts of further increases, with claims about government spending and lending.
The American Bankers Association reports a 3.5 percent rise in total bank savings as of June 30, 1934, the first annual increase since 1930, with deposits totaling about 21.37 billion dollars and 39.56 million depositors, down from four years earlier but improving after a steep prior decline.
Income in Ohio Kentucky Indiana and Tennessee rose percent above the 1932 33 level with gains in farm purchase volumes and debt repayment to production credit associations and monthly installments to the Federal Land Bank. Ernest Rice Louisville Ky general agent reports drought losses were limited and crops were good to fair with improved pasture and feed conditions.
In 1934 Athens area saw almost $470,743 in relief expenditures and over $500,000 in highway and PWA projects. Stabilized mining boosted employment and spending. Christmas sales rose, bank deposits increased, and January volumes stayed strong. Part relief dollars funded Route 31 work, with total highway improvements highlighted.
Forsyth Aven the Bank of Athens notes former Federal Reserve Governor Eugene Black warned bankers that the banking crisis story will take years to fully tell. He recalled the 1933 holiday, the sacrifices of trustees, and the vast deposits safeguarded while many banks remained closed. The assets of banks remain tied to local community wealth, and the final accounting may surprise the public.
Ohio Department of Liquor Control reports a year of strong growth from a negative net worth to a 25 million enterprise with profits over 1.4 million and sales above 12 million. State stores total 121 with agencies and five warehouses. 8.9 million paid on debts to distilleries and distributors.
The 1934 economic recovery shows progress but with limits as Washington doctors urge rules for sustainable growth. Consumer spending rose to near four-year highs while factory payrolls and industrial output lag. Farmers see cash income rise due to higher prices and subsidies, and auto production rebounds to levels not seen since 1930. The year ends with debates on 1935 policy and continued relief expenditures.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.