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Newspaper
Grand Forks Herald
Location
Grand Forks, North Dakota, United States of America
Date
Jun 20, 1922
Page
5
A Chicago bank charter faces capitalization issues in a proposed merger involving Malgamated Clothing Workers. The plan outlines capital at $500,000 with Canary interests cited.
Walter Lyman Brown of the American Relief Administration reports a notably improved general scene in Poland and Czech Slovakia, with Austria still strained. Poland feeds 400,000 children through October, while Czecho Slovakia recovers with ample food and a shift to education and clinics for children.
Letter to the editor accuses P J McCumber of Wall Street ties and urges ND voters to elect Robert La Follette or reject McCumber. The writer claims 24 years in Washington and warns of corporate influence shaping the Senate finance committee. Strong calls for self reliance and progressive state leadership.
William Bortoss of 412 Cherokee Ave. St. Paul Minn conducts a book binding business credits Tanlac with immediate relief from severe indigestion and weight loss. He says five bottles added ten pounds and restored his health, endorsing Tanlac as a life changer sold by reputable druggists.
The Locomotive Engineers Journal reports multiple unions planning or operating cooperative banks. Notable moves include the Brotherhood of Locomotive Engineers Co operative National Bank in existence for a year with nearly 15 million dollars in resources, and holdings buying control of Nottingham Savings in Cleveland. Other unions push banks with capitalizations from 500 thousand to 600 thousand and surplus, with Birmingham workers organizing Federated Bank and Trust.
Overheard in London at a dinner of the Society of Authors Shaw warned against cinema overreach noting authors may command large rights yet many producers lack honesty standards. He argued cinema ventures often fail while a few successes subsidize losses for many. In other news reports from Mexico City indicate a looming cotton shortage in Laguna regions due to crop conditions.
The report notes continued harvest decline due to ongoing droughts in 1900. Farmers face reduced yields as dry conditions strain crops and markets. Local authorities forecast slow recovery, urging conservation and relief measures for affected households.
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