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Newspaper
Malvern Leader
Location
Malvern, Iowa, United States of America
Date
Dec 30, 1920
Page
2
In closing days of Nineteen Twenty the Leader thanks readers and subscribers for support. It notes higher costs but no extra charges, praising past service and promising better performance in Nineteen Twenty One. Author W P Wortman extends best wishes for a prosperous year.
A letter from another state parodies a notorious pessimist who complains of debt, rheumatism, mumps, and a credit crunch. The teller notes how dire conditions would be worse with wife’s ailment, children’s coughs, or a debtor who skips town, ending with a wary cheer for luck.
The speaker contrasts nationalities and comforts, arguing we are fortunate to be Americans with a warm bed and three meals a day only if we earn them. He notes Bolsheviks, Mexicans, Russians, Irish, and English as restless contrasts, urging work and cheerful service this Christmas.
The piece celebrates Senator Harding's emotional Senate visit and the joint regard between the new Executive and the Legislative Department. It portrays him as modest and sincere, seeking bipartisan trust and cooperation. The writer praises the exchange as a model of tact and national unity, foretelling smoother governance ahead.
Washington December 14 The Republican Publicity Association led by President Jonathan Bourne Jr protests any cancellation of Europe’s debt to the United States. The group cites growing English sentiment that about 4 200 000 000 should be canceled and part of America’s contribution to the debt eased.
Despatches from London report British insistence on conditional repayment by indebted nations, effectively repudiating their share of allied debt to the United States. The New York Times Analsyt summarizes American postwar Europe aid, showing total advances and unaccounted credits reaching about 16 billion dollars, underscoring U S financial leadership in reconstruction.
The national YMCA in New York published the Ten Point Financial Creed to teach young men prudent money management. It urges First Work and Learn, Second Make a budget, Third Record expenditures, Fourth Have a bank account, Fifth Carry life insurance, Sixth Own your own home, Seventh Make a will, Eighth Invest in real estate, Ninth Pay your bills promptly, Tenth Share with others. The creed aims to curb wasted income and instill a governing purpose in youths and men for financial and moral responsibility.
A Minneapolis Journal excerpt extols thrift as vital and urges adoption of a Ten-Point Financial Greed. The piece argues that hard times burden many families and that disciplined saving benefits all, urging readers to embrace prudent financial habits.
Uncle George explains how many Americans reported income of 1000 dollars for single or 2000 for married while 6.4 million owned cars in 1918. Rello questions where 2 million low earners found money to keep cars as Uncle George and Rollo joke about tax dodging and dollars stretching like rubber. Omaha News
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