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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Laredo Weekly Times
Location
Laredo, Texas, United States of America
Date
Feb 25, 1923
Page
5
The author recalls George Washington born in Westmorland Virginia and honors his early life and military achievements. Collected anecdotes cite his pupil-like education, strategic mind, and lasting impact, including praise from contemporaries and reflections on currency value and national unity.
The article contrasts money definitions from Welster and common use, noting debased currencies abroad versus American money that represents value. It explains that in the United States money signifies value itself, used in land transfers and promissory notes with phrases like American coin of the fineness established and free guarantees.
A Laredo Chamber of Commerce report notes rumors of two new hotels and the difficulty of securing loans as firms warn that such expansion may not pay. Proponents argue future demand may justify building, while managers recount vacant rooms in Fort Worth and across Texas and warn high operating costs crush profitability.
Colonel Walter A. Bethel selected to succeed Maj. Gen. Enoch H. Crowder as judge advocate general of the U S Army. Bethel's career includes West Point graduate, Spanish American War service, law professor, and World War I judge advocate general of the American Expeditionary Forces. He earned the Distinguished Service Medal and was made a commander of the Legion of Honor by France. ARMY SURPLUS PROPERTY lists include 12 electric griddles and other items such as filters incubator and piano.
Local Auto Supply Co led by Houston and Wilkes will distribute Texas Mexican Oil Refining Co products exclusively in Laredo. The move promotes Laredo made motor oils from Mirando Crude and includes a naming contest with a prize of a small oil drum.
The Arabian Hippodrome Shows attracted a large audience in Laredo with broad praise for wholesome, sanitary family entertainment. Ministers and officials attended, declaring the performances worth the price, and proceeds support the Laredo Post American Legion. Everyone is urged to attend and fill the tent nightly.
A broad rain event drenched Laredo and surrounding areas from early morning through noon, with statewide reports from Texas-Mexico lines eastward. Farmers and ranchers expect ample grass and a strong Bermuda onion crop, aided by 1.85 inches of rain by noon and continuing showers later.
Announcement from Cole Petroleum Co states Cole No 2 near Bruni Webb county Texas will begin rifling next Wednesday with standard tools. A standard rig was moved to site after drilling paused last week at 3385 feet with pay sand eighteen inches in.
The article outlines depletion allowances for oil operators lessors and royalty holders under the 1918 and 1920 tax rules. It covers how to value property at discovery estimate recoverable oil and gas in reserve calculate per barrel costs and determine deductions for depletion and exhaustion. The piece stresses proving discovery valuing reserves and applying deductions after audits.
Advertisement seeks a reliable man to act as dealer or exclusive agent for a tube manufacturer. Promises guaranteed puncture protection and blowouts prevention. Contact by phone 618 before noon.
A historical snippet lists key events and figures with dates including George Washington born in Virginia in 1732, James Russell Lowell born in Massachusetts, Paris revolution beginning in 1848, and the 1901 Rio de Janeiro steamship disaster near San Francisco with 120 lives lost. The piece also notes a 1919 Irish Race convention in Philadelphia.
Lieut Gen Sir Robert Baden Powell founder of the Boy Scout movement is 66. Brig Gen William D Connor commander of American Expeditionary Force at Tientsin is 4. Marguerite Clark actress is 36. Frank L Stanton Georgia poet is 66. J Stanley Webstar congressman is 46. Clarence B Mitchell former Brooklyn pitcher is 82.
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