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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Bonham Daily Favorite
Location
Bonham, Texas, United States of America
Date
Jun 12, 1928
Page
1
A column blends verse imagery about daisies with sharp notes on Republican politics. It notes Mellon in Kansas City, Colquitt's withdrawal, Creager's Texas committee win, Ware backing Hoover, Butler worried by Smith prospects, and Lindsey facing disbarment rumors.
The piece notes the 1828 convention deviation from first ballot picks and cites past longest balloting. It predicts Herbert Hoover is likely to be nominated and suggests forthcoming revelations about him in a pre convention context.
A collage of opinions from The Borham News and Sherman Chronicle critiques on Al Smith leadership in Texas. It notes Jim Ferguson’s ouster at the Beaumont convention and discusses chain stores impacting independent merchants and traveling salesmen. It also contains reflective editorials on folly and learning from past errors.
A Texas Farm and Ranch article notes a 1925 bulletin by Professor W P Lee saying about 69 of 100 Texas farmers secured short term credit. Banks supplied most funds, merchants provided part, with 10 percent average bank interest and loan losses low. Yet 40 of bank loans funded consumer spending, not production, signaling one crop dependence and weak self sustenance. Merchants charged high interest on remaining accounts, sometimes 25 percent, pushing indebted farmers toward long term hardship and possible decline in community prospects.
In a violent night incident, officers shielded a black suspect accused of assaulting a girl. The mob’s stones and anger were quelled as deputies kept the prisoner safe, later transferring him for eventual trial. Good officers faced a hard task with restraint.
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