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Newspaper
Monticello Express
Location
Monticello, Iowa, United States of America
Date
Jan 08, 1925
Page
5
Public reports note two Des Moines banks were briefly closed during Institute week due to oversized deposits from state and county sources. Officials say while big sums sound advantageous, banks must hold sizable reserves to cover sudden withdrawals, and loaning large funds can backfire if calls occur at year start.
A retrospective on the old custom of New Year calls, once widespread, now mostly faded except in Washington areas. The piece notes abuse in cities led to decline, while country towns kept it briefly, and urges revival to foster friendship and openness among townspeople.
The upcoming regular session will tackle many issues as lawmakers seek honest, enlightened direction. Observations on liquor regulation in Canada note Montreal bans late dancing after midnight and church leaders opposing jazz dances due to concerns about youth behavior.
A sensational report in a Chicago Tribune affiliated publication alleges a woman was offered $200000 to promote Woodrow Wilson’s impeachment. Rep Reed of Illinois reacts with agitation, wary of sensational journalism driving calls for investigation.
The court last term sentenced nineteen men and six women for liquor and narcotic violations. A special car transported a dozen convicts to Leavenworth, Kansas, as part of ongoing enforcement. The Mount Vernon Record urges Linn county stations to levy a one cent per gallon gasoline tax by voluntary agreement to fund roads.
The Sioux City Journal reports that an extra congressional session after March 4 is unlikely. President Coolidge will wait to see what Congress does in the remaining two months, with the main trigger being failure to pass appropriation bills. Agricultural prices and farm income have improved, suggesting economic laws rather than new legislation will address farming issues.
Critics claim his silent method aims at party advantage but facts show Coolidge steadily removes unfit officials. Daily notices of removals hint at a broader clean up to replace them with more reliable servants and to run the nation honestly and efficiently. The piece argues silence suits prudent governance over noisy reform.
The paper argues France endured war hardship yet should not declare bankruptcy to dodge American debt. It notes gains from Alsace Lorraine annexation and iron steel resources, boosting France’s finances. Two French schools of thought exist: honor obligations or evade them, with isolation risking disaster and lost friendship.
Luther Brewer, at Washington, plans to file a petition of contest in the senatorial race. He has withdrawn to help Steck and seeks to oust Brookhart, aiming to remove from the senate the man who favors the Russian red government as preferable to the republic.
Essie Hoag, daughter of Mr. and Mrs. E. E. Hoag, recounts the voyage aboard the President Jefferson from November 1924 to December 1924. She describes a rough northern winter crossing, ship life, crew and facilities, and encounters with diverse passengers, Tokyo and Yokohama after the earthquake, and arrival in Shanghai.
Thelma Gaddie wed Fred Coats on Christmas Day at the Gaddie home. Rose Mae Regegentin married Glenn W. King of North English, Iowa, on December 26. A Delay boy near Castle Grove injures a leg in a manure incident. Poultry Show plans for January 3 progress with ribbons for top placers. Leo Oster, Dubuque pitcher, loses sight in one eye after a dynamite blast near East Dubuque. he had pitched for Ryan in late fall and was a noted semi pro.
The notice lists church services for January 11 at First Congregational and other churches with times for Sunday School Morning Worship and Evening Worship. It notes an annual meeting scheduled for Wednesday January 14 preceded by a parish supper.
A partial financial excerpt lists capital stock surplus fund undivided profits after expenses and deposits subject to check. It includes mention of time certificates and certificates of deposits with a note on balances and aging. The readable fragment hints at typical bank ledger headings.
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