Moulton Eagle Friday Edition 1916
The Moulton Eagle, a Friday paper from Motlton Texas, issues in 1916 priced at 1.50 per year in advance. It is registered as periodical matter with the post office.
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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Nov 10, 1916
Page
4
The Moulton Eagle, a Friday paper from Motlton Texas, issues in 1916 priced at 1.50 per year in advance. It is registered as periodical matter with the post office.
The piece argues youth support in work and recreation strengthens communities. It stresses parental and peer cooperation, lead by worthy example over lectures, and urges giving young people opportunities and encouragement for citizenship and responsibility. Farm and Ranch.
Syben Eugene Rexford, famed author of the ballad Silver Threads Among the Gold, died at Green Bay, Wisconsin, aged 68. The note also references September Galveston exports totaling 21,276,000 dollars, up 769,975 from a year earlier.
A new two ton testing machine arrives and is installed in the University of Texas Engineering Department. It will test wood and concrete support strength, determine steel girder breaking points, and provides testing power of 200000 pounds.
The article explains the Federal Farm Loan Act allowing farmers to borrow through Federal Land Banks with 5 percent bank loans repaid over twenty years. Borrowers must purchase at least 5 percent stock in the Farm Loan Association, receive about 950 on a $1,000 loan, and pay annual installments of $80.24 for twenty years, with interest and principal portions shifting each year. Bonds backing loans yield around 4 percent, with rates to not exceed 6 percent for farmers. The Federal Farm Loan Board plans a Houston hearing November 16 to set up a Texas bank, outlining board powers and bond rules.
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