Landon Warns Of Bill From Borrowed Prosperity
Governor Alf Landon warns that spending billions of borrowed money creates a temporary appearance of prosperity while outlining that taxpayers and future generations will ultimately bear the bill.
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Newspaper
Carthage Citizen
Location
Carthage, Indiana, United States of America
Date
Sep 18, 1936
Page
4
Governor Alf Landon warns that spending billions of borrowed money creates a temporary appearance of prosperity while outlining that taxpayers and future generations will ultimately bear the bill.
The article surveys decades of attempts to mechanize cotton picking since 1794, noting 1 400 patents since 1850. It highlights a recent Stoneville Mississippi demonstration by the Rust brothers of Memphis, drawing praise for ingenuity but sparking concerns about hull waste, quality, cost, and potential impact on Black labor.
The United States holds a record bank deposit total of 26.453 billion dollars among 5,374 national banks, with state and savings banks pushing the aggregate toward 58 billion. Experts warn credit inflation grows as banks sit on vast money, lending little despite demand, risking a burst that could unleash cheap money and soaring prices.
Warning to friends to beware strangers seeking entry who pose as salesmen or inspectors. Verify identification, avoid cash on future deliveries, and never use personal checks. Stay cautious of high pressure or free gift tactics and prefer local merchants.
Unusually dry weather has created a new danger to public health as springs run dry and wells near exhaustion. Typhoid epidemics are rising from impure drinking water, urging citizens to drink only absolutely pure water and inspect their own water sources to prevent illness.
Quote from W. Smith of General Motors Export Company argues that peaceful trade prevents war and promotes higher living standards through a more generous two way foreign trade policy. He urges businessmen to unite against threats of destruction and global bankruptcy and to pursue negotiated trade as the path to peace.
Maris faces doubt about romance with Rod O Rorke as he spends on inventing a future income. Stan Fayson shifts from charm to business, inviting Maris to critique a marketing notice and revealing Rowene’s influence. Maris wonders if Stan is truly interested or only chasing profit during the exposition build up.
A September Christian Living lesson surveys Romans 12 1 3 9 12 Galatians 2 20 stressing yielded living a life of service humility and victory. Paul urges inner renewal by mind transformation and outward acts of love hospitality and patience in trials. Christians are saved to serve and live honorably reflecting Christ.
A Fielding quote extols the human being as a glorious object in creation. It praises benevolence and contemplation of how to render oneself more acceptable to the Creator by doing the most good to others.
Quote by Maeterlinck on dreaming of a better life while building daily improvements. Emphasizes everyday life as the source of lasting progress.
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