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Newspaper
Cranbury Press
Location
Cranbury, New Jersey, United States of America
Date
Oct 13, 1922
Page
4
A Democratic paper lists actions it says Democrats oppose including a large federal tax cut, a huge reduction of interest bearing debt, an emergency agricultural tariff, revival of the war finance corporation for farmers, an America first tariff stance, and a reduction of naval strength by international agreement.
An expert estimates Henry Ford profits after taxes at 110 million dollars this year, about one hundred dollars per car. He is described as the country’s biggest banker with 180 million in cash. The Ford Motor Company could value at 2 billion and pay five percent on stock. Yet Ford is noted for firing 100,000 workers, affecting 300,000 dependents, while critics call him a relentless profiteer despite philanthropy claims.
The New York World criticizes importers paying duties to the U S Treasury after President Harding signed the Republican tariff bill. The paper questions the timing and argues that revenue resulting from the swift signing should be welcomed by supporters of tariff policy.
An organized group of ex-service men has launched the Anti-Bonus League to oppose proposed pensions or bonuses for veterans who are physically and mentally uninjured. They cite widespread opposition among veterans and the many letters sent to Congress protesting such rewards. The league aims to curb the agitation for a bonus and influence policy.
A partisan critique argues tariffs on rubber balls raise prices for children. It traces cost to German manufacture, noting 11 cents factory price, 1 cent freight, 3 cents tariff, 65 cent sale, and alleged 433 percent profit by the importer, labeling the higher price as hypocrisy.
Chamberlin's Cough Remedy has served for colds croup and whooping cough for almost fifty years. It has grown in favor as its good qualities became known and is a standard reliance in thousands of homes. It is dependable safe and pleasant for children.
President Harding appeals for Smyrna relief find New Jersey already mobilized. A Smyrna Emergency Relief committee led by former Judge Harry V. Osborne set a 250000 dollar goal, with nearly 50000 raised from municipalities. The campaign partners include Near East Relief and American Red Cross, Y M C A Y W C A, and other groups.
A Pennsylvania Farmer proposes a national acreage based organization for potato growers to balance supply and demand. District directors would set annual allotments by region, adjusting for bumper normal or short yields, funded by a small per acre tax, aiming to stabilize prices in Monmouth County and beyond.
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