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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
Mar 09, 1933
Page
3
A reader letter argues that indirect taxes like sales tax hit all consumers, not just the wealthy, and warns officials to honor pre election promises of cutting government costs. It contends tax hikes must follow genuine government efficiency and warns against rushing new levies before promising savings are delivered.
The piece argues the post boom surplus housing has reduced construction greatly, urging immediate building or repairs while materials and labor are affordable. It notes many homes need work, suggests spending boosts employment and national purchasing power, and urges individuals to invest in repairs or new builds as a civic duty during the era of low prices and high labor availability.
The author argues that complete economic isolation for the United States leads to perpetual distress. Protecting industries from real threats is necessary, but shielding from nonexistent competition harms, and sustained large-scale commerce among great powers is key to world stability.
The article explains that the gold standard requires forty percent of paper money to be backed by gold, notes the current gold stock exceeds fifty percent, and discusses the four day temporary suspension of gold payments during the emergency with government printing presses running 24 hours to replace gold-backed money.
In the Gleaners Calendar 1933 discussion the Renovize Philadelphia Plan is praised for boosting purchasing power to fight the Depression. General W W Atterbury of the Pennsylvania Railroad urges decisive action to end the low mood and spur business, with Latin America viewed as an important future market and employment source. The piece also lists Gleaners Calendar 1933 committee notes and March to December events and member names.
A garbled OCR slice presents scattered lines from a newspaper page. It mentions an unreported accident in a Graet inger home due to powder on a sleeve, a playful exchange about a perfect story, a conundrum about a congressman and a dog, and a woman seeking exact living conditions. Also included are aphorisms about borrowing, Easter debt, and sewing.
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