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Newspaper
Junction Eagle
Location
Junction, Texas, United States of America
Date
Feb 08, 1924
Page
2
An oration extols the vital force of individual genius advancing civilization. It praises national wealth and the role of free enterprise, warns against demagoguery, and argues government should enable legitimate business and preserve opportunity for all. It lauds figures in industry and commerce shaping American power.
Austin reports the Texas State Department will offer 374 033 acres in 66 counties for sale to the highest bidder on May 1. Sealed bids payable over 40 years at 5 percent, mineral rights reserved to the state, oil and gas royalties to landowners, and taxes due after purchase. No corporation may buy.
George Waverly Briggs vice president of The City National Bank of Dallas states that Souther Machinery will distribute the wealth of toil and skill to all mankind, promoting broader economic blessings.
Tokio announces formation of a company capitalized at thirty billion yen about 14 million dollars to foster Japanese emigration to South America. The effort focuses on colonization in Brazil and Peru.
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