Why We Cannot Have a Panic in Banking History
The article explains the Federal Reserve System safeguards to prevent panics. It describes bank liquidity, rediscount facilities, and the role of sound, solvent banks in withstanding cash drains. It emphasizes that bank failures arise from mismanagement and that the Fed marks exits to keep funds flowing and public confidence intact.
MENTIONED IN THIS ARTICLE
Sauk
Federal Reserve Bank
Federal Reserve Board
Heyend
Federal Reserve System
Federal Reserve
Road program for civic units gains broad attention
Chambers of Commerce, legislative bodies, and farming groups focus on a permanent, constructive road program for civic units. Proposals vary from creating a hard surface system to broader infrastructure plans.
MENTIONED IN THIS ARTICLE
Chambers of Commerce
Road policy debate in White County stresses farmers access
A White County bankers report notes roads should serve agricultural access and local markets before grand tourist or trans continental routes. It urges fixing and funding existing roads, balancing needs of farmers, small towns, and business, with voters guiding a market highway based system.
Government Bond Quota Tions
Government bond quotations appear this week with a new Herald feature for readers. The market shows government bonds below par now, though they may be worth 100 cents on maturity, and many issues are likely to move to par in time. The table lists each issue, amounts, and dates of interest coupon payments.
Christmas Seals Campaign Aimed at Tuberculosis Fight
A White County campaign urges buying Christmas Seals now with a penny a day from residents to fund tuberculosis prevention next year. Public health officials emphasize stamping mail with the Health Seal to support the effort.
MENTIONED IN THIS ARTICLE
White County
Model Clothing Store Stocks Cut to 60 Cents on Dollar
Sale now on as the entire stock is offered at sixty percent of value. Harry Schwartz leads the event with promotional pricing to clear merchandise.
Government Bond Quotas and Issuances December 1920
Government bond data lists four loan series with issuance dates and amounts. First loan shows June to December periods with a price around 85.42 and total near 1.989 billion. Second loan covers May to November with price near 85 and total about 163.8 billion. Third loan spans March to September at 87.98 with 195.15 billion. Fourth loan notes a pre-set date around April to mid June with 86.45 and total about 4.567 trillion.
Families Head South for Florida Winter Stay
Two automobile parties travel from the city to Miami Florida to spend the winter. The groups include Mr. and Mrs. Forrest Gardner and son Joe Mrs Raymond Coble and four children Mrs Olea Quinn John Biederwolt and daughter Mrs H Meredith Miss Letha Mageert and Albert Holloway. Mr Gardner plans January return for garage business and plans to join family in spring. O P Vankirk will manage the Gardner business during his absence.
MENTIONED IN THIS ARTICLE
Forrest Gardner
Joe
Raymond Coble
Olea Quinn
John Biederwolt
H. (. Meredith
Letha Mageert
Albert Holloway
Miami
Florida
Gardner
Coble
Revival at Pike Creek Starts with Rev Gotschall
A series of revival meetings began at Pike Creek church last Sunday led by Rev. R. E. Gotschall of Hartor City. The public is invited to attend as Earl Dilling oversees the music and a strong song service is planned each evening.
MENTIONED IN THIS ARTICLE
Pike Creek Church
R. E. Gotschall
Hartor
Gotschall
Earl Dilling
Classified ads: piano loan and livestock sale
Classified notes list a Fischer upright piano for sale at Bowman Bros with inquiry details, a loan offer by T. W. O'Connor in Monticello Indiana at high interest, and Hampshire swine including dried sows cuts and registered cholera immuned boars priced to move, from H. and Wedge in Monticello Indiana.
MENTIONED IN THIS ARTICLE
Fischer
Bowman Bros
T. W. O'Connor
Monticello
Ind
Hampshire
H. &. Wedge
Also Mentioned on This Page
the Herald
The
Monticello Herald Co
United States
Menticeils
Dew
Ory Lee
Goria Steely Eco
Garry i. Fee
Lee
Utah
Ty Beers
Mayen
Daveer
Ois
Foowerk
Pat Cote
Ogany de Potoar
Coats
Mawse
Biw
Ette Coats
Harry Schwartz
White County Bankers Association
Bie
White Countty
Indiana
State Bank of
Montier
Monticeing Naonal Bank
Tininoere
PEAST
Haimers
Dere Bank
Monon
Satik
Keyveyt
Ann
Pole
Sid Boveri Tiger
Persacder
ELD Ly
Ean
Penaos Jhue
TASB
Herald
Pike Creek
Winamac
Steiffels
Toggery
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