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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
Jun 15, 1939
Page
2
The piece notes abundant credit and opportunities for growth in consumer and producer sectors, yet major industries are not expanding. Financing remains near zero, long planned expansions wait, and firms curb spending while awaiting political outcomes and potential government action. The piece highlights a wait-and-see stance shaping business plans.
The article outlines Secretary Morgenthau s push for tax revisions to spur business amid rising national debt. It details proposed repeals of the undistributed profits tax and excess profits tax, loss carryovers, lower surtax, and a flat corporate rate, noting White House and congressional shifts and the plan s potential political ripple.
The passage notes Garner commands solid conservative support within the Democratic majority, including the Southern bloc, while alienating the extreme New Dealers. He is expected to carry enough votes to challenge opponents, and Hull is floated as a compromise candidate who could emerge as the strongest Democratic challenger.
The Times notes Gladys Johnson as valedictorian and Minnie Henningsen as salutatorian for the class of 1919. It recounts a car wreck involving the Oscar Craven Overland driven by Joe Craven at 20 mph, with Kathryn Sullivan among the injured but none fatally hurt. Multiple property deals and farm sales are listed, alongside local social notes and upcoming civic items.
The 4-H club held a showcase with Doreen Rebben and Cleo Cotrell as standard bearers. An audience watched officer installations, a red clover aisle, a panel on national trade, and skits by Rush Lake and Highland clubs.
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