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Newspaper
Linton Daily Citizen
Location
Linton, Indiana, United States of America
Date
Dec 23, 1938
Page
4
The University of California launches a new laboratory style course on the techniques and ideology of modern dictators, offering students study of authoritarian methods and propaganda to understand their impact.
Expert analysis notes Indiana real estate and mortgage activity lagged 1937 levels in early 1938 with declines in transfers and financing. After July, volumes nearly matched 1936 and 1937 periods, aided by National Housing Act amendments boosting insured mortgages for rental and first time buyer homes.
The article laments the loss of intellectual honesty and consistent policy in government, criticizing demagoguery, excessive spending, and the New Deal approach. It warns of rising public debt, economic confusion, and political opportunism while urging a return to solid economics, virtuous statesmanship, and prudent governance.
Analysts warn that rapid expansion of real estate and mortgage activity, anticipated by many observers, may be hindered by policy, market limits, and rising financing costs, potentially dampening growth momentum.
Contracts awarded to local gran and rice farmers to fill the crater of a gas well that blew out last January and has now subsided. The crater measures about 182 by 190 feet and is between 60 and 80 feet deep.
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