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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Dec 12, 1923
Page
4
A mixed page notes Der Tag meaning pay day for the French and hints at Germany’s next triumph. Mayor Dever discusses prohibition stance while emphasizing the pay day mood. A local insurance ad takes a cooperative approach, presenting life insurance as both estate planning and support for loved ones.
The draft pact proposes a nine member board drawn from the American Farm Bureau Federation National Grange and Farmers Educational Union to set production costs and fair prices. The board would determine costs, regulate fertilizer prices, and ensure equitable distribution with advisory input from the Bureau of Markets. The agreement caps annual profit at eight percent and provides procedures for nominations, confirmations, and potential Secretary of Agriculture substitutions.
The Secretary of War is empowered to acquire land near Lock and Dam 17 on the Black Warrior River Alabama for a steam power plant and to negotiate with Henry Ford or his company to build a plant with about 20000 kilowatt capacity at cost. The plan includes a 100 foot right of way to Nitrate Plant No.2 and connection to Waco Quarry Russellville.
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