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Newspaper
Malvern Leader
Location
Malvern, Iowa, United States of America
Date
Oct 14, 1920
Page
6
Advertising rates listed as 20 cents per column inch for display and classified matter. Notes mention locals among reading matter including cards of thanks Boni obituary and resolutions with brief notations on layout and sections.
Judge W R Green and the State Republican Committee of Oklahoma mobilize support to back a Republican Senate candidate to succeed Gore. The Republican National Committee sends prominent figures to aid the effort as Harding tours Iowa and Nebraska drawing large crowds and praise for his clear, clean speeches.
A local agricultural paper run by a self confessed non writer targets Congressman William R. Green of the Ninth District. The piece urges voters to reelect Green, praising his record and opposing an independent woman candidate from Council Bluffs.
The Chicago Board of Trade is accused of pressuring wheat prices lower despite high world demand. A Canada supplied crop and steady U S output allegedly left farmers facing paper losses in the hundreds of millions as the market seemed set for a rebound.
The speaker notes farmers cannot lose much if they hold crops and may gain if markets rebound. The Board of Trade action hurts its own position and spurs the Farm Bureau's push to market the entire crop. When farmers unite under their own organization, gamblers will face slim pickings.
Editors repeat that the Cummins-Esch act guaranteed 6 percent to railroads. In fact it merely authorized the Interstate Commerce Commission to set rates so that railroads could earn no more than 5 to 4 percent on investments, a clarification that challenges the common belief of a fixed 6 percent return.
Cedar Rapids Republican argues the mini E sch bill offers no guarantee beyond preventing higher rates than a 5 percent yield. It warns that if railroads cannot earn this, investment will falter, risking maintenance and new lines while questioning Mr Cummings re election to the US Senate and implying his fidelity to labor and farmers may not have changed.
Sheriff A S Edwards announces sale of two motor vehicles under an execution from Mills County District Court. A 1 ton Maxwell truck serial 6000 and a Ford sedan motor 2741271 will be auctioned at Galliher Garage Malvert on October 22, 1920 between 9 AM and 4 PM. Sale held for cash. attendance required.
The Central Division invites all interested in Red Cross work to a state conference at the Fort Des Moines Hotel in Des Moines on Friday October 15. Dr. Livingston Farrand and Frederick Munroe will attend and present graphic pictures of Red Cross service at home and abroad. Anyone may attend. more information is available from the Council Bluffs office at 233 Merriam Block.
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