07 Jul 1933
Page 1
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Ironwood Times
Location
Ironwood, Michigan, United States of America
Date
Jul 07, 1933
Page
1
Arthur Brisbane surveys German policy shifts with a Spartan eugenics code promising better German babies. Parents are urged to focus on producing fine children while education for mothers is deemphasized, mimicking ancient Sparta and Draco as model inspiration.
An analysis notes 15 weeks of continuous improvement in industrial and commercial activity with renewed bank reopenings and rising confidence. It highlights a new 10,000,000 volt electric generator, the social dominance of engineers and science, looming prohibition challenges, and advances in television tech. The piece discusses gold standard concerns, the Nizam of Hyderabad’s hoard, Wall Street’s impact on Ford, and a broad shift toward inflationary expectations followed by a general industrial upturn and the call for minimal government interference to sustain revival.
Financial observers note the bank closings harmed tens of thousands who lacked recourse while suggesting Pecora and the attorney general seek more details from Banker Wilkin. Wheat prices jump from 42 43 cents to about one dollar on Fort Worth grain market, as farmers cheer the shift away from the gold dollar.
The U S Dewstone from Newcastle unloaded 24 300 pounds of Rotterdam tea at Cleveland Builders Supply dock under the Nickel Plate bridge on the Cuyahoga river. The voyage tied Cleveland to world trade and underscored port improvements, river straightening, and new shipping channels, as other cargoes from Hamburg Rotterdam Hull and Canadian ports fed Great Lakes distribution.
The long awaited sales tax becomes reality as part of Michigan’s tax system. It will affect all citizens, from rich to poor, with small levies on purchases. The state taps new revenue while urging government economy as taxation spreads to consumers.
Mate Young said 14 ships may shuttle between lake ports and Halifax instead of sailing oceans. They would load flour at the head of the lakes for Bristol, England, then carry a general cargo to inland North American ports. At Halifax cargoes would be lightened for larger ocean vessels. The arrangement may start soon.
The Marquette Journal argues the new sales tax shifts the burden to consumers, noting many absorb it or bill it to customers. It warns the tax is aimed at the buyer, not merchants, and discusses broader fiscal politics including pension abuses and soldier voting in a looming 1934Congressional contest.
A committee of the American Legion outlines a four point plan to restore all that has been taken from soldiers by the economy bill. It pushes presumptive disability to include all service even brief training. The piece argues Republicans long upheld soldier aid and warns candidates may promise more generous benefits.
Clinton County Republican News argues for higher gubernatorial pay and independence, and for eliminating self starters from the legislature. It contends Governor Comstock faces health and financial strain, hindering state leadership, and urges pre primary party conventions to improve public officials.
A column argues taxes are not the only burden and that self-imposed taxes from idleness pride and folly exceed government levies. Quoting Benjamin Franklin and Herman Roe, it urges personal thrift and reduction of self-imposed taxes, noting commissioners cannot ease those.
Bulletin by General Johnson guides trade groups in drawing up basic codes of fair competition. The document highlights the daunting complexities facing industries as they seek self-regulation and market fairness, signaling continued discussion across pages.
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