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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 31, 1939
Page
8
The speaker warns that keeping prices high requires government borrowing and predicts a potential depression worse than 1929 unless prices fall to affordable levels. He calls for halting nonessential government spending and argues for adjusted prices and wages to restore employment and home building.
A survey of Iowa and Cedar Rapids firms reports 1939 gains across diverse industries. Dairy equipment maker Cherry Burrell notes steady sales, while meat packer Wilson and Co sees an 18 percent volume rise. Electrical, farm machinery, and manufacturing firms anticipate 1940 growth with limited war impact to date.
A veteran recalls moving back to Iowa in 1896 and selling oats for 8 cents a bushel and corn for 14. He notes prices rose gradually, with later crops fetching 22 to 35 cents, and rail profits were small but shared among growers. He argues the present troubles stem from prices too high for the unemployed and low income groups to buy agricultural goods.
Portland police enforce a long dormant city ordinance banning Sunday dancing as jitterbugging is challenged by dancers who argue no rhythm defines the practice. Deputy City Attorney Alexander G. Brown contends dancing requires music and orderly movement, thus including jitterbugs under the ban.
In Omaha the program for the Lincoln birthday event lists a former president as the saver and principal speaker. The celebration is scheduled for February 12 with a formal Lincoln birthday observance and remarks by the invited dignitary.
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