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Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
May 09, 1940
Page
6
The Graettinger Times discusses long war effects on the global economy. It notes the United States as a major exporter facing reduced postwar demand from England and France, which will rely on credits as their spending outpaces reserves. The piece emphasizes neutral nations' adaptation to a changed world.
A bleak view emerges that postwar Europe may descend to barter systems as trade with Germany falters. Neutrals and combatants alike could suffer drastic shortages, with famine risk and a rock-bottom standard of living. Analysts warn of revolutions or government collapse, while US trade shifts inward and wartime orders fade. Roosevelt's potential third term is contested amid Republican uncertainty and possible dark-horse picks.
A long list of local obituaries, marriages, births, real estate transfers, and community events from the Times. Notable notes include deaths of Martin Knudstein and Kent Oakes, marriages of Herman Herke and Ruby Richardson and Arthur Henningsen and Mabel Osher, train schedule changes, Tile Works improvements, church plans at Milford, and various social visits and business notes.
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