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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Malvern Leader
Location
Malvern, Iowa, United States of America
Date
Dec 26, 1907
Page
5
A speaker argues the financial panic stems from lack of deposit protection and urges a government backed system to insure all bank deposits financed by a tax on average bank deposits. He proposes emergency currency, government trust supervision, and a nationwide measure to prevent runs and stabilize confidence.
A discourse on social duty frames the banker farmer relationship as interdependent parts of a community. It argues everyone must act for the general welfare, explains bank duties, safe fund reserves, and prudent lending while warning against idle funds and reckless speculation.
A speaker argues for sweeping banking changes, proposing eliminating physical money, shifting to checks and deposits, and government guaranteed deposits funded by bank taxation. He asserts the banking system is essential though imperfect and invites further suggestions to improve it.
A dairy note urges farmers to sell butter locally at fair prices, stamping their brand for recognition and using accessible transport to reach distant buyers. It stresses hard work, perseverance, and turning discouragement into momentum, citing a fable about two frogs to illustrate staying resilient until a profitable churn results.
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