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This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 01, 1932
Page
4
A reflective pairing cites Psalms 73 22 about foolishness before thee and Thoreau on humility likening it to darkness that reveals heavenly lights. The lines blend biblical and literary wisdom to emphasize inner modesty.
The piece argues intangible assets like goodwill and confidence matter as much as bank deposits and earnings. It praises human courage, intelligence, and aspiration as imperishable forces shaping social improvement, contrasting poetry with statistics and warning against pessimism.
The article discusses using historic parallels to predict economic trends starting with the 1929 downturn. It notes that 1876 offers a plausible comparison to the current low mood, with laborers facing hardship from November 1876 into 1879 as described in Rhodes' histories.
Amid 1877 railroad turmoil and a looming panic, the American Iron and Steel Institute faced gloom in May 1879. By two months later demand surged, inventories tightened, and prices rose as pig iron reserves cushioned the market. The era saw record bonds, heavy stock market activity, and booming iron and steel orders into 1881.
Congressman Lindsay Warren proposes in a new state constitution to require operation of public schools with revenue from the General Assembly. The idea aligns with McLean Law support but avoids detailing financing methods. A state system gains momentum, but drastic taxing limits for education are unlikely to be included.
The savings deposits total 28.214 billion dollars as of June 30 1931 a rise from 1921 and 1926 figures. Deposits equal about half the national debt after World War I and now are roughly double that debt.
A 1707 letter from Gabriel Fahrenheit’s guardians in Danzig to the burgomasters describes the future scientist as a wayward youth. They warn of ruin and urge arrest and exile to the Dutch East Indies to reform him.
A columnist ponders how genius and defiance shape history from the Panther gunboat to 1911 Agadir events. It notes Britain’s restraint averting war and laments rising holiday casualties, urging wiser, safer national behavior and a plan to channel excess energy into productive work.
A graphology-minded observer claims faults and virtues show in writing read from the witness stand. The piece alleges Lithuania is governed by two women and mocks public gullibility with a stock market motif.
Experts say we must either adjust or revise our war debts to ensure we will be repaid and the nation maintains financial security. The statement implies a need to fix the debt terms so future payments are guaranteed.
Railroad leaders propose a wage reduction and warn that if approved, trimming will extend beyond holiday payouts. The remark implies broader cost cutting across the industry.
A fragment suggests that adjusting wage scales could lift low mood, implying wage policy as the right measure to improve morale and economic conditions. The text hints at economic debate without concrete facts or names.
An expansive effort aims to bolster public morale and stabilize the economy through coordinated policy, community programs, and national messaging. Officials emphasize resilience, social safety nets, and timely aid to households and businesses.
Across industries, employers pursue wage reductions as a response to budget pressures while workers seek to protect earnings. Analysts note competing pressures from inflation, productivity targets, and labor supply, shaping negotiation dynamics and policy considerations.
In a Washington Daybook note Herbert Plummer profiles Wright Patman as he tours Boston and Columbus arguing for a World War II veteran bonus. The Texan congressman accuses Secretary Mellon of treasury deficit tactics and hints at impeachment threats against Mellon as he campaigns against graft in Texas.
A poignant 1931 verse laments the passing of the year and condemns misuse of time. Rosa Sutherland notes the world’s plenty and people’s ingratitude while acknowledging health, courage, and reason to keep life meaningful as the old year ends at 10:30 p m on December 31 1931.
J B Ivey of Charlotte predicts a slightly better 1932 with slow overall improvement. Reuben Robertson of Champion Fiber Company says the economy enters a new era grounded on thrift and fundamental conditions, with major industries strong and ready for a new start after the postwar downturn.
A profile of Joachim Octave Fernandez 36 a newsboy turned congressman with a sixth grade education and Democratic ties to Long politics. Mentions his rise from selling papers to elected representative and his role in Louisiana politics.
The river crested over the Swan lake levee as rivermen warned it would hold yet the floodwaters inundated large areas. Sumner and Phillip fought to save schools and dykes while Monroe faced rising water on the Ouachita. West Monroe residents evacuated as backwater flooded lowlands.
Old lingered until dawn as the metropolis welcomed 1932 with noise and merriment. In Times Square the crowd roared when the old year struck and a thunder of tin horns filled the air.
In Albert Lea Minnesota a man dies of a heart attack while a sheriff s posse searches for Ralph Fixtad 81 missing since leaving White Owl Butte with a sleigh and horses last Monday. The horses returned alone as rescuers work to locate him. In Tahoe City California a rotary plow clears nine feet of snow in Truckee Canyon aiding marooned residents for nine days and delivering medical aid to Mrs John Malcolm severely burned by a lamp explosion.
Officials traced a car from Boston to New York and another state as they hunted five men. The chief theory blames anti fascist groups, with some investigators considering communist involvement. Warnings were issued to Italian consuls and editors to beware. Bombs were highly powerful but designed to detonate only when opened or handled roughly.
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