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Newspaper
Greencastle Herald
Location
Greencastle, Indiana, United States of America
Date
Jul 02, 1914
Page
1
Amid mixed signals the Calamity Howl forecast softens while business output rises. Analysts dispute fears of a nationwide panic and Ford Motor Company plans show expansion but remain subject to economic factors.
The Herald highlights a wave of business expansion across the country with Ford Motor Company planning a $5,000,000 Detroit plant upgrade to house 40,000 workers and increase output in 1915. Indianapolis finaciers report confidence in the economy while rail, packing, and manufacturing firms announce major upgrades and new plants in Indiana and surrounding states. Government figures show a fiscal year with a surplus of $33,784,452.07.
Ben Corwin attorney for the Greencastle school board says no action until September when the injunction suit by Jackson Boyd to stop the junior high school building will be heard. He has asked Hays & Murphy to assist in the trial but awaits their reply. Miss Edith Holloway spent the day in Indianapolis.
Attorney General Thomas Honan states the Public Utilities Commission lacks authority to raise water rates beyond those set in city contracts. The opinion emphasizes contractual limits and cautions against rate increases without city agreement.
Intimate friends report Glenn I Tucker son of Dr and Mrs W W Tucker a DePauw University 1914 graduate will enter the Pulitzer School of Journalism at Columbia University in the fall He led the Mirage editorial staff and contributed to the DePauw Daily a three year staff member and was Phi Beta Kappa member Sigma Delta Chi and Tusitala affiliated with Delta Kappa Epsilon
Indiana attorney general Honan rules the public service commission cannot authorize rate increases during the term of a surrendered franchise. The Greencastle Water Works case prompts a view that rates must stay within contract limits and that the state may alter contractual rights only through proper legislative action.
Two Greencastle young men announce that prospects are good for publishing a new Greencastle city directory. Plans are tentative as they seek support from local business leaders and workers.
Greencastle aims to publish a complete city directory showing names addresses occupations and phones for residents over fourteen The plan, modeled on progressive city directories, would also include fire alarm boxes postal data church and business listings and local distances The cost would be kept low via advertising revenue with distribution possible within six weeks if backing grows. The article also reports Panama Canal expenditures and a projected year end surplus after tax assessments and tariff results.
Secretary Madoo congratulates Wilson Underwood and Simmons as the Treasury closes the fiscal year with receipts far exceeding government expenditures under the Democratic tariff law. The surplus totaling nearly 33.5 million marks a strong finish to the year.
Treasury figures show receipts for the year rising to 794.34 million dollars, 1.5 million over McAdoo’s estimate, turning what was set to be a deficit into a surplus. Taxes from corporations and income supplied the final funds, with 26.16 million coming in between opening and closing yesterday and tonight. Secretary McAdoo and other officials commented on the results.
Ten years after recharter the First National Bank has built up a surplus of 40000 dollars as a safeguard for its customers. Confidence and Co operation have made this possible. We invite you to join us and assure you that no confidence will ever be betrayed.
Mrs Lillie Higgins of south Greencastle files for absolute divorce from Clarence Higgins alleging cruel and inhuman treatment. Married September 20 1906. separated June 27 1914. They have two children Marie age 7 Edna age 5. She seeks $200 alimony and $20 monthly support.
The Chautauqua Committee met in the Library Assembly Room Wednesday night to push the sale of season tickets. More than 400 subscribers were recorded for last year.
Local management committee for the upcoming chautauqua meets at the city library to review season ticket sales. They guarantee 700 tickets with over 400 sold last year, leaving 300 to be sold. A collector and church women’s groups will report progress and plan one more Friday night meeting before the July 10 opening.
The College Avenue Sunday school plans its annual picnic at Bence woods Stop 33 on Saturday July 4. All members and friends are invited with extra emphasis for mothers of young children to attend. People may ride the interurban at 11:44 or come by other means, and everyone should bring their own lunch.
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