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Newspaper
Monticello Herald
Location
Monticello, Indiana, United States of America
Date
Jun 23, 1921
Page
4
Authorities estimate thirty to forty billion dollars of tax exempt bonds are outstanding in the United States covering Federal, state, municipal and other issues. If taxed, interest would rise. a congressional proposal seeks to stop further tax free bonds though unlikely to pass this session.
A fragmented report notes heightened freight charges with claims the price of a binder rose by seven to eight dollars and other machinery costs increased similarly. The article hints at editorial positions and anonymous attribution, citing unfair and unearned rate hikes.
In this column from 1921 editors discuss Monticello and steel industry forces. They note Gary Indiana as a major steel hub and explain the Pittsburg Plus pricing affecting freight costs. The piece explores how transport rates from Pittsburg and Chicago influence manufacturers decisions on locating plants near Monticello.
A former White County boy argues that the Pittsburg Plus freight adds about 7 dollars per ton to rolled steel, raising prices for farm machinery. He claims farmers pay the extra through manufacturers and middlemen, and urges newspapers to expose the hidden cost.
Government bond quotas with accrued interest listed for various issues. Date June 20 1921. Bond series include First issued June December figures 87.20 1 989 495 550 Second Mayo November 15 86 803 807 864 200 Third March September 1d 92 204 175 148 700 Fourth August 1b 8740 6 959 501 567 Viet y 1928 June pec 15 98 003 467 844 872.
Purdue University repeats a Distinguished Service rating from the War Department for its military efforts. The institution was among 15 of 108 rated in 1917 and continued to be among 20 in the latest year, with Purdue noted as the sole exclusive artillery unit of the ROTC and the only motorized equipment contributor. Elmore's Bread Factory ad copy also appears in the clipping.
Secretary of State Ed Jackson places applications at Dye & Gardner's Salesroom. All car owners must obtain a Certificate of Ownership within 90 days after June 1, 1921. The salesroom, with two notaries, can fill applications.
A fragment outlines sharp guidance on avoiding office, skipping meetings, withholding opinions, and criticizing others. It urges minimal effort, calls out clique behavior, and suggests withholding dues. it also mocks banquets, urging to claim waste and eventual club stagnation if events stop.
A marriage license was issued Monday to Charley Samuel Plotner farmer of White County son of John D Plotner and Marie Brew daughter of George H Brew also of White County.
Fred Hintzman installed a Delco-Light Plant at his farm house and lights in the barn and outbuildings. Charles Zarse installed a Delco-Light Plant at his farm near Reynoldsville. John Schultz added a plant at his farm near Smithson. Theodore Zarse may have a plant installed this week if time allows.
Various small ads seek items such as confectionery and hats, typing services and supplies, and a local agent for Virginia Coals. Includes inquiries for a reliable representative in towns over 500 population with bank references and financial responsibility.
The Monticello Common Council adopted a declaratory resolution on June 21 1921 to vacate an alley from Illinois Street to Railroad Street in Hughes Addition. Remonstrances may be filed by July 19 1921 at 7 30 p m by interested or affected parties.
Notice of application to issue bonds in White County Indiana filed with the State Board of Tax Commissioners seeks debt not exceeding sixteen thousand dollars at six percent interest to fund construction improvements in Round Grove Township specifically the Stockton project and related properties as described in the filing.
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