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Jackson Progress Argus in Jackson, Georgia

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Newspaper

Jackson Progress Argus

Location

Jackson, Georgia, United States of America

Date

Oct 29, 1920

Page

3

Southern congressman defends cotton economy amid market fears

Representative William C. Wright of Georgia visits Washington and rejects claims that the South is bankrupt. He notes strong crops and deposits, cites boll weevil damage and rain but asserts merchants bankers and farmers will find a way out. He backs a $12,000,000 bankers syndicate for cotton export.

Washington William C. Wright Georgia South Houston Wright

Spirit and resolve urged for the South amid fears

Confidence and optimism are urged as the South faces difficulties. The region shows rising fear and need for renewed courage to push forward despite tough times. The tone calls for collective resolve and perseverance in challenging circumstances.

South Htt

State banks urged to join federal reserve system

Athens lawyer and national director of the American Cotton Association, Thomas J Shackelford, told Atlanta listeners that the federal reserve board erred in a rapid deflation plan. He urged that every state bank in the cotton belt join the system to finance farmers and business, arguing the South has funds but few banks in the reserve.

Shackelford Cotton Association Federal Board Atlanta Thomas J. Shackelford Athens American Cotton Association Federal Reserve Board England Federal Reserve System Cotton Belt South Federal Reserve

Irish Mayor Dies on Hunger Strike in Brixton

Terence Mac Swiney lord mayor of Cork and a leading figure among Irish hunger strikers died in Brixton prison after a 74 day fast. He had been unconscious for days and collapsed as he protested a two year sentence on charges including possession of seditious documents.

London Terence MacSwiney Cork Ireland Brixton Prison Scious

World Loan Accounts Show New Outstanding Principal Figures

The report lists loaned sums across several nations with Liberia and Cuba noted for timely interest, while Russia paid through November 15, 1917. Other debtors paid until spring 1919, then delayed three years on interest payments. The total outstanding principal now stands at 9,455,401,528 dollars.

Liberia Cuba Russia

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