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Montezuma Enterprise in Montezuma, Indiana

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Articles on This Page

This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Montezuma Enterprise

Location

Montezuma, Indiana, United States of America

Date

Jan 29, 1920

Page

8

Weight Gain Reported From Trutena Medicine

Evansville resident Mrs W P Edwards credits Trutena with over ten pounds gained in two weeks after suffering from a severe cold and chest pains. She reports improved appetite sleep and convalescence and recommends the tonic as a speedy strength builder now sold at L J Murdock's Drug Store in Montezuma.

Evansville Ind Pye Trutena W. P. Eewards Maryland Street Tratona Trotona Montezoga L. J. Murdock

Rural credits system upheld in federal court ruling

Federal court upheld the system of rural credits amid a suit challenging the constitutionality of the law creating federal and joint stock land banks. Charles E. Smith urged to enjoin purchases of bank bonds, arguing tax exemptions violated the Constitution. Judge Van Valkenburg ruled the statutes constitutional, with an appeal to the State Supreme Court pending the final decision. The government and the joint stock land banks became parties to the suit.

America Charles E. Smith Kansas City States Supreme Court United States Federal Land Joint Stock Land Banks Mr. McAd All Wether George W. Wickersham Supreme Court Charles E. Hughes Federal Land Banks Federal Reserve Federal Court W. G. McAdoo Wickersham McAdoo

How Low Rates Are Secured for Farmers

The federal land banks may not charge higher interest than the board prescribes and the farmer’s rate cannot exceed one percent above the bond rate. If bonds sell at three percent, the farmer pays four percent, with amortization covered. The loan provides up to thirty-three to thirty-six years credit and no forced early principal payment except on default. If prosperous, the farmer may pay early after five years.

Federal

Rates of Farm Mortgage Interest by Region Before Act

The article details regional mortgage interest ranges before the Farm Loan Act became law. It lists rates from 5.3 to 10 percent across New England to Pacific states, with specific figures for New York, Ohio, Missouri, Delaware, Florida, Kentucky, Texas, Montana, and California, noting true costs could reach as high as 16 percent with commissions.

New England Middle Atlantic New York New Jersey Pennsylvania Michigan Wisconsin North Central Missouri North Dakota South Dakota Nebraska Kansas Minnesota Iowa South Atlantic Delaware Florida Florida. In the East South Central Kentucky Tennessee Alabama Mississippi South Central Arkansas Louisiana Oklahoma Exas Mountain Montana Idaho Wyoming Colorado New Mexico Arizon Utah Pacific States Washington Oregon California

Amortization Explained for Farm Loan Practice

This article explains amortization under the Federal Farm Loan Act with a $1,600 loan at 6 percent interest repaid in 33 years via semiannual installments of 35 dollars. It shows how each payment covers interest and reduces principal, detailing how the due amount changes over time and the breakdown of interest portions within the 33 year term.

Best Way to Handle Manure in Cornfields

Barnyard manure contains weed seeds and left near the surface will make weed control difficult. Haul manure to the field soon after it is made, and plow under in spring for easier weed suppression.

Fall Plowing Desirable Wall Plowing Emphasized

Fall plowing is described as desirable with emphasis on wall plowing as a beneficial agricultural practice in multiple localities.

Cooperative Effort to Curb Unwise Spending

Article by Albert Boswell from the Government Savings Organization outlines thrift goals for 1920. It describes government savings societies schools women’s groups and labor and fraternal organizations as partners in promoting saving and investing in U S government securities.

Albert Boswell Government Savings Organization 7Th District Co-aprision Treasury Department Treasury Savings U. S. Treasury U. S Uorift

Thrift Finds Way to Sea Aboard Navy Vessels

The War Savings stamp drive follows the flag around the world with the Mediterranean squadron. Government savings securities are treated like ammunition as part of battleships and cruisers aiding in Asia Minor affairs. A letter from Capt. David F. Boyd of the U S S Olympia at Constantinople says thrift campaign on that ship is now led by Lieut. H Shoebig, with Captain Boyd and DtS2an assisting.

Mediterranean Asia Minor Savings Division David F. Boyd U. S. S. Olympia Constantinople H. K.shoebig Boyd DtS2an

Also Mentioned on This Page

Mrs. Edwards Walterm Leeds Optometristan Clinton Indiana Suttons Hughes and Wickersharrt Harles Hughes LAW OF Land al Iere Savings Societies Churches Aid Savings Movement Ous Federal Banks For Associations Farm Loan Federal Land Bank Ie Land Banks F. VV Inge É Atigrnty AY Ft Bade R.l.doo EY Physichin Smd Serecon Officee Iit Rial Tours If Ym Peones Oso Libba Ono Veauseas Png Par. F.C. Ee Isk Sovere Pipysicran Mt Aghon Ovtioes da Monteaunea Nga M.C. Phillips Dentisi Pisa E Nea R. W. Johnston Automobile and First National Bank Montezuma Www P. Montgomery Real Estate and Loans Office J. S.presslor F. M. McLaughlin Franco Lindley & Ratchiff H. B. van Stickle Auto Are Insurance Farmers Mutual West Union P. J. Hilarides Aven Doo O Lulie Wishols Rohr John Montezusia Mweouchin Justice OF the Peace
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