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Newspaper
Monticello Express
Location
Monticello, Iowa, United States of America
Date
Mar 10, 1921
Page
3
The Ma metsburg National Bank and the Farmers' Savings Bank of Almore closed due to over loans and cash shortages while awaiting asset realization. Officials say both banks are solvent and expect to pay depositors in full once assets are realized, noting strict reserve practices to weather debt renewals and borrower limits.
The new president and cabinet, riding a seven million plurality, confront postwar challenges and wartime legacies. The aim is to restore normal conditions while recognizing legislative independence and avoiding executive overreach to stabilize the republic.
Champ Clark former speaker of the U S House dies near end of his term. He was a bright, ambitious leader who often blamed William J. Bryan for his 1908 nomination defeat. His reminiscences recount political betrayals seen as personal and public battles.
Mr. Wilson's final acts reflect restraint and independence as he vetoes the army bill for lacking a larger force and declines to sign the immigration bill. The measures passed Congress almost unanimously, but he leaves them untouched, shaping the end of his tenure.
The House Judiciary Committee finds it unlikely Judge Kenesaw Mountain Landis can be impeached yet deems his $42,500 annual baseball arbiter salary improper. It argues the pay stems from sensational bench speeches and could distract him from judicial duties. The report suggests a statute may be needed to bar judges from other posts.
The Chicago Tribune notes February building permits for 181 residences, up from 140 year ago, signaling renewal for housing and jobs. Auto, steel, and farm sectors show improving demand, with export inquiries rising and fewer cancellations, suggesting a broader recovery for 1921.
W J Bryan argues that Judge Pollock has overstepped by blaming the prohibition amendment and its ratifying states for crime. He says a sitting judge should resign if he joins the crusade to restore the saloon and uses his office for so called political purposes.
President Harding proclaims the United States will remain non entangling in old world affairs. He asserts America will chart its own destiny with no permanent military alliance or binding economic commitments while acknowledging evolving global links and a spirit of friendship.
The piece portrays William Jennings Bryan as eager to reorganize the Democratic Party once more. It compares him to a Horatius at the bridge figure, capable of disassembling and reassembling the party like a sleight of hand artist.
The Marshalltown Times-Republican highlights a cartoon by Ding showing a father carrying a wounded child as a bicycle lies crushed under a car. The caption warns it is too late to begin being careful after the fact and urges caution by drivers, parents, bicyclists, and law enforcement.
A Chicago-based anti bolshevik manifesto reports that American French Norwegian and other labor leaders condemn the soviet regime. It argues leaders are not workers but dogmatic visionaries and calls for Western unions to withdraw support to weaken Lenin and the dictatorship of the proletariat.
George W. Sisson Jr. of Potsdam New York warned at the American Paper and Pulp Association meeting in Chicago that within fifty years there may be no newspapers or magazines without a large reforestation plan and substitutes for wood pulp. He said future supply and prices, not costs, threaten the industry and urged federal and state action to acquire forests for timber. Plans include $60 million federal spending over five years plus state funds under federal control, with endorsements from Colonel Greeley and major trade groups.
West Virginia's governor attributes rising crime to prohibition and suggests crime would decline if potential offenders were rendered helpless by drink, arguing intoxication triggers lawbreaking in public.
The Cornell orchestra announces a tour of Illinois this month. Olin reports that warm winter weather has left ice scarce for the coming summer.
The Kansas City Times argues that railroad profits suffer under present conditions and that blaming private management misses the core issue. The piece contends government ownership or operation fostered the troubles and warns that private business cannot operate at a loss indefinitely. It suggests the government has funded costly rail expansions and cites Hog Island as an example of government spending.
The board of education met in special session at 8 PM with Reed Stimson Lazell and Hoag present. Minutes from prior meetings were approved and bills totaling funds due were ordered paid including Tel Co Electric Co textbooks music and supplies. The secretary reported receipts and the board adjourned.
Monticello Iowa regular council meeting on March 7 1921 approves minutes reports and city treasurer balance of 6096 10. Various small payments to local firms and utility costs are allowed including labor on streets and hose company expenses. Wm Laude added to city park board. street labor wages set. notice given for special March 21 meeting to consider street oiling petitions.
The passage notes that lower prices have resumed harmony between ham and eggs, now often seen together at breakfast, reflecting national rejoicing over cost reductions. It contrasts with St. Paul Pioneer Press reporting a Chicago bakery bombing that followed a political meeting bombing, illustrating intemperate zeal in debate.
The writer argues a future where producers and consumers jointly determine pricing and distribution, reducing middleman influence. It reflects a skeptical view of traditional market intermediaries and envisions direct collaboration shaping trade dynamics.
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