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Indiana Progress in Indiana, Pennsylvania

Page 1

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Newspaper

Indiana Progress

Location

Indiana, Pennsylvania, United States of America

Date

Mar 18, 1925

Page

1

Social and church notices from Cherry Tree area

Local society events include Ladies Aid and Ladies Missionary Society gatherings with social lunches. Rebekah lodge initiated new candidates with a post-ceremony lunch. Residents and visitors noted: families from Culver Philipsburg Clearfield and Harrisburg areas, births and illness updates, and travels to and from Johnstown Seward Derry and Portage with several weekend visits and local business calls.

Richard Jenney Ladies Aid Society W. EH. Cramer 8. I. Irwin Wm. McKeage Ladies Missionary Society Presbyterian Church Rebekah Lodge James Long Dorothy Culver Jers Baker Howard Holes Clearfield Clark Harrisburg J. F. Notley Florida R. D. Tonkin Joseph Indiana Emma Sechler Little Bil Parker W. C. Hoover J. H. Winslow John Bitner Norman Johns Johnstown Jones

Power Behind The Savings Dollar

A six year rise in savings deposits from 11.6 billion to 21 billion with about 38.9 million depositors underscores savings as capital. Bankers say savings funnel into securities that build industrial capacity, improving wealth and living standards while reflecting sound personal finance.

Savings Bank Division American Bankers Association

Forcing Lower Taxes Undersecretary Warns on Tax Burden

Gerard B. Winston of the Treasury and the American Bankers Association Journal argue that per capita federal taxes rose from 22 in 1918 to 54 in 1920 and have since fallen to about 27, while state and local taxes rose. They criticize excessive death taxes as threatening revenue and diminishing incentive to create wealth, noting that heavy taxation could deter future production after basic needs.

Gerard B. Winston The Treasury American Bankers Association Journal

Store Credit Costs 26 Per Cent Across North Carolina Farms

A survey of 800 farms by the North Carolina Experiment Station shows over 40 percent of total farmer credit going to short term loans from stores or landlords, not banks. State credit farmers pay over 20 percent interest, while bank rates run just above 6 percent. Merchants prefer cash and freight profits, suggesting better banker farmer relations and farmer education on bank credit.

North Carolina To & Cash Bank Credit

Natural laws drive agricultural progress, says banking official

Great changes are occurring in agriculture as gloom gives way to hope. The speaker, P B Doty of the Agricultural Commission, American Bankers Association, asserts prosperity cannot be legislated and that farming follows the same basic laws as any business.

P. B. Doty Agricultural Commission American Bankers Associaion

Also Mentioned on This Page

Society Brand Griffon Schloss Bros. Clothes Wilson Bros Arrow Dinsmore Wintondale R. D Elsie Tomb Dilltown Viola Plowman Albert Rager Portage Mildred Ling Joseph Albert Rager Emerson Gillen Grover Gillen Near Wehrum Raymond Davis Seward T. L. Beard John Reyonlds Moose Ben Stutzman Mable Detwiler Mont Ling Emma Moose Wehrum Martin Ressler Derry Harry Ressler Joseph Plowman Melvin, Doyle Lea Jennie Ressler Bargain Store Indiana, Pa Childrens Wash William E. Knox Williams, Knox Fairbanks-Morse Vogel Electric Company Pillsbury Brown Pillsbury Star Milling Company Au Yi J. L. Orr & Son Phila Vogel Electric Company Automotive Eletricians
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