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Newspaper
Monticello Herald
Location
Monticello, Indiana, United States of America
Date
Jun 02, 1921
Page
4
A discussion on credit practices and their dangers to farmers merchants and buyers. The piece contrasts bank loans with consumer credit and argues that persistent dependence on personal charge accounts leads to misfortune, urging prudent cash transactions to preserve business interests.
The piece argues that price declines over the past year are larger in goods with high labor content and that raw materials fell sharply but finished goods tied to labor costs saw smaller reductions. It warns further cuts would lower wage scales and mentions unorganized labor accepting wage reductions.
The piece argues conservative unions accept proportional cuts tied to living costs while many resist. It notes fuel and rent as the main expenses that haven’t fallen, blaming scarce housing and landlord behavior for rent. It cites high wages in mining and railroads as keeping coal prices up, calling for a united wage restraint to reduce living costs.
government bond quotas with accrued interest dated Wednesday June 1 1921 details dates issued first second and third bonds with interest rates and amounts including first bond 1 980455550 second 873807864200 third 7014678444972 listing issue dates and coupon percentages for defined periods and totals in a government financial notice.
A dated note from T W O Connor dated 3 24 41 offers money to Joan for farm land at reasonable rates. The brief message specifies land use and financing terms.
Listings show multiple transfers in Brookston Idaville and Buffalo areas with parcels including Lot 12 and Lot 11 in Townsley additions, unplatted 95 3 4 by 140 feet near Brookston plat, Lots 3 4 block 17 Brookston, and Lots 52 62 71 J P Karrs Addition Buffalo. Amounts range from 1 to 150 dollars for life estate and standard deeds. Names include Margaret B McCully S D McCully widow, Dell Pettit Florence Arnold Pettit Outlaw, Idabella Martin Everett Martin, James P Karr Alva Huffman, Daniel H Mabb Leslie Dilling, Malinda C Schock John N Rodgers, Everett A Thomas J J Far Wightman, Otte F E May, and John Saidla with plats in Idaville Brookston and Monticello.
The article details Monticello as a stopover for motorists and as part of an air route to Indianapolis for the speedway races. James Levy of Chicago piloted an Ansaldo closed cabin plane with six passengers taking two hours and fifty three minutes. The trip passed over Crown Point Monticello Delphi Frankfort Sheridan and Noblesville with a time chart recorded. Levy defends air travel safety amid public doubts, recalling early automobile skepticism.
The Strand Theatre presents Norma Talmadyve performing Friday and Saturday in June with a feature titled The Worn Hives.
The Monticello Telephone Co announces placement of motor vehicle title certificate applications at Dye and Gardner's Salesroom by Secretary of State Ed Jackson. All car owners must obtain a Certificate of Ownership within 90 days after June 1, 1921. The firm offers two notaries on site to assist and complete applications.
Suppliers announce first class binder twine, Deering Standard Twine in 8 pound balls with specified length and strength. Offer mentions available funds and farm land context, with sale terms to Juan at a reasonable price.
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