30 Mar 1933
Page 1
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Newspaper
Elgin Echo
Location
Elgin, Iowa, United States of America
Date
Mar 30, 1933
Page
1
Farmers praised inflation until it rose, then debated how to set a stable price level. Supporters argue for gradual, sustained inflation to reach the 1924 price level while avoiding wild swings. They urge federal policy to lock in a defined target, tracing back to the Goldsborough bill’s 1921 1929 average.
A survey by the American Newspaper Publishers' Association shows men average 45 minutes daily on newspapers, 25 minutes on magazines, and half of men read less than one book daily. Newspapers dominate reading time, while radio is criticized for diminishing culture. A promotion urges Echo subscriptions. A Columbia professor warns baldness if haircutting continues.
The proposal urges congressional action to maintain an Honest Dollar and directs officials to use all powers to establish and sustain a price level at the 1921-1929 average, aligning with Wallaces' Farmer. The text discusses compensating a dollar on the Fisher dollar as part of the plan.
A Lanark Gazette editorial reflects on human fragility amid California earthquake and banking turmoil. It stresses that individual power is limited before nature and economy, and urges calm through confidence in God and the Allwise Creator to endure uncertain times.
The Arlington Hotel at West Union was destroyed by fire at 6 80 Sunday morning. The blaze began in the basement and raced upward, totaling about 13000 in losses with 8000 insured. Other notes report community deaths, school attendance records, local migrations, and a busy regional scene including residents traveling to Chicago and Cut Bank Montana, with local farming and business movements recorded.
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