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Newspaper
Corydon Democrat
Location
Corydon, Indiana, United States of America
Date
May 16, 1923
Page
6
The piece critiques Republican tariff arguments under John T. Adams, contrasting Dem ocratic Underwood Simmons tariffs with Fordney McCumber measures. It argues imports rose under Adams and that farmers remain unprosperous while industry benefits skew urban labor, predicting some Republicans may vote Democratic.
A 1923 agricultural outlook by economists hired by Secretary Wallace concludes there will be no output reduction in the United States and that surplus farm products must be sold abroad amid world competition. The report says tariffs cannot influence prices in foreign markets and that Americans will face high costs for clothing and goods while farm prices stay pressured by global competition.
Sugar sold at retail in March 1923 averaged 10.2 cents per pound, up from 6.6 cents in March 1922. The rise, driven by a 2.20 cent duty and tariff profiteering, totals over 54 percent.
In the Ohio State Journal editorial, the Republican National Committee claims the tariff does not affect sugar prices, yet it notes the irony in shielding wrongdoing while cheating persists. The piece criticizes the policy stance as connected to ongoing economic manipulation.
Senator Walter S. Chambers recounts how Indiana Board of Agriculture issued a 1,000,000 bond with no spending limits, sold at a discount then resold at a premium, costing taxpayers about Motives by Governor McCray and opposition by Indiana Farm Federation noted. Tax levy would have paid the debt in ten years versus sixteen, saving roughly 710,000, critics claim.
An authoritative trade publication reports next fall’s suits will rise by ten to fifteen percent. A $30 suit would cost $33, a $60 suit about $69 or $70, with increases tied to the Fordney McCumber tariff and Wool Trust price moves.
Wholesale price for men’s shirts for next autumn climbs 50 cents to 12.50 to 14 per dozen. Retail will reflect the increase. Cotton costs higher but profiteers tariff largely blamed for the surge.
Mrs. Virginia White Steele of Washington told the Maryland Federation of Republican Women in Baltimore that party members show coldness toward President Harding. She urged stronger deference, noting vigorous applause for Woodrow Wilson on screen and tepid reactions to Harding references. The speech, titled The Achievements of the Republican National Administration, drew a restrained audience until after her rebuke of Republican indifference.
The American Woolen Company heralds new fabric price increases averaging 11 percent with later plans for a 214 percent rise. The move adds 10 to 60 cents per yard for woolen cloth used in dresses, suits, and overcoats, amid wage hikes cited as signs of prosperity.
Quotations from twenty manufacturers show an average rise of 2.35 dollars on a 20 dollar winter overcoat, a likely 5 to 6 dollar increase by sale to buyers. The tariff allows 31 cents per pound on wool and a minimum 15 percent profit, elevating costs further. Becker & Sons.
Atlanta May 12 figures from the Southern Railway System safety department show 17 668 605 passengers carried with no passenger deaths due to train accidents or railway negligence. Four passengers were killed by their own acts violating safety rules.
Sweet potato plants offer Porto Rico Yam as the best early yielder with strong growth and good keepability. Demand outstrips supply, order early. Old varieties limited. Price 35 cents per 100 by mail 45 cents post paid. W. P. Mauck Corydon Ind. M-2-4-w. 7 Ff.
Yuma Arizona reached 107 degrees the hottest point in the nation yesterday. The Weather Bureau says it is sixteen degrees above normal and a May 8 record. Riverside California hit 104 the highest May reading yet. Bakersfield reported 93.
Tolls' Motor Oils offers free crankcase service at Reasor's Station. A-11-1f.
An enrollment certificate records stallion Zigler No. 14811 A a Percheron registered breed owned by C. E. Willan Trafalgar Indiana. Dated 1920 renewed 1923 the certificate notes pure breeding free from transmissible unsoundnesses and transferable to I R Hanger Depauw Indiana. Owner and keeper listed as Srl R. Hanger May 24-w.
Don F., a sound pure bred jack foaled in 1911, owned by John Luther of New Middletown Indiana, is enrolled under Indiana Stallion Enrollment Law. The certificate notes color black and white markings, examiner Dr B F O Bannon, and renewal history with transfer details and expiration.
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