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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Carthage Citizen
Location
Carthage, Indiana, United States of America
Date
Apr 06, 1934
Page
3
A recent official report shows banks and trust companies have repaid 54 percent of Reconstruction Finance Corporation loans totaling 1 520 540 000 from February 1922 to March 6 1924. Non banking borrowers repay less than 12 percent, while building and loan associations and insurance companies show higher repayment ratios.
A Federal Reserve Bank official reviewed its 1932 33 emergency loans showing 1 286 applicants of which 236 were declined and 14 given credit totaling 1 417 000 only 806 009 actually loaned with two borrowers entering receivership. The piece notes commercial banks ultimately provide credit and cites England as a lag example.
The article recounts Abraham Lincoln’s eighth judicial circuit in central Illinois. It notes the granite and bronze tribute along the road, the marking by blue circles, and the preservation plans for historic taverns and farms. Lincoln’s habit of reading, telling stories, and taking cases endures in legend.
D H Otis of the Agricultural Commission of the American Bankers Association notes 2500 county key bankers form a strong force for agricultural improvement. These bankers aid progressive peers and promote banker farmer tours to connect country bankers with farmers and spread practical agricultural methods.
The article describes memorials along the Lincoln circuit road praising the pioneer life Lincoln loved. It notes a marker stating Abraham Lincoln passed this way during his circuit riding days and mentions visitors from Camden and Seven Mile, Ohio calling on Louis Campbell's family.
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