22 Feb 1923
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 29 articles. Subscribers can read the full text of each article.
Newspaper
Pella Chronicle
Location
Pella, Iowa, United States of America
Date
Feb 22, 1923
Page
1
A common talking point among preachers of discontent claims that every rich man is a capitalist and that every capitalist is rich, a sweeping equivalence that oversimplifies wealth, ownership, and economic roles without acknowledging nuance or context.
The quote challenges a common belief about wealth concentration. It argues that many rich individuals are not capitalists and that the majority of capital is held by people of modest means, presenting a counterintuitive view of wealth distribution.
The speaker argues that many discontented people confuse capital with wealth in general. Wealth is not necessarily capital, just as steel is not a plow. The passage notes other illusions about the true nature of capital.
The passage critiques economists who mistake land for capital and argue about the laws of production factors. It warns that conflating land with capital fuels confusion and widens the gap between capital and labor, citing a quoted paragraph from an author to illustrate the point.
The text argues that capital and labor are interchangeable forms of value. Labor is considered negotiable capital and vice versa, with the outcome of equality resting on fair wages for quality work and quality work for fair pay. It frames wages as a fifty fifty balance between effort and compensation.
The passage argues capital equals wealth used to produce more wealth. It distinguishes between accumulated labor and general wealth, noting not all wealth is capital. A worker spending on tools becomes capital if the tool aids production, while spending on food for himself does not. The test is both the nature of the item and its use.
The statement equating labor to wealth is rejected by economists. Labor is a personal service in production while capital is an impersonal service. Without separating them, one cannot properly distinguish wages from income from capital such as interest or dividends.
The text argues that while labor and capital often hurt each other, not all production efforts tied to both are equally balanced. It cites a truck owner charging workers high usage fees, curtailing wages and eventually reducing demand for hiring the truck, showing the rule holds only as a general truth.
The text argues capital and labor are contributing factors in production with capital essential for wealth creation. It notes wealth can be produced without capital only rarely, using examples like catching fish by hand, but such methods are slow. Interference with capital use harms labor outcomes.
The writer argues for pay based on output, not a fixed share. Labor should earn what it produces, and capital its recompense, rejecting a universal wage fund. Rights to live depend on earning ability, with charity optional and self-reliance emphasized.
The article argues that land stands apart from labor and capital in production. It defines land as all natural resources beyond human control, including soil, minerals, air, and water, and stresses land cannot be created or increased by labor. The author distinguishes land from capital as produced wealth used in further production.
The passage explains that land is not consumed in production while capital is. Land endures and often appreciates, whereas capital like tools and machinery depreciates and must be renewed. Unlike capital, land cannot be increased by human effort, making a fundamental economic distinction.
The text argues land should be treated as a third production factor, fostering better relations between capital and labor. It contends land can claim a larger share due to its immutability and private property rights, and that rent results from landlords’ greed. The combined effect of these factors allows land to dominate production, leaving capital and labor with only enough to stay functional.
The author argues land should be taxed to reflect its annual rental value, ending idle holdings and shifting taxes to needs rather than privileges. This would release unused land, curb speculation, and ease the capital labor conflict by making land access equalize with air as a basic resource.
A writer denounces idle editorial platitudes amid world war and violence. He urges a spiritual remedy centered on Jesus, inner heart renewal, and repentance as the only path to save a sinning world, challenging press and public figures to abandon empty rhetoric.
A Chicago Tribune Berlin dispatch notes a steep stock drop of 30000 percent one day last week. A prize of 1000 marks or a canceled two cent stamp is offered for the best answer explaining how far below par the stocks fall.
A city newspaper prints an anonymous missive warning Billy Young and Mr V ey not to insult leading citizens. The writer, signing as Exposure, claims to be on Young's track and suggests an exposure may follow.
Poem reflecting on life hardships shaping character and worth. The speaker imagines a world without sorrow or loss yet concludes tests prove human strength and value. The piece centers on universal experiences of friends, loved ones, and burdens to build character.
The quote reflects Confucius asserting that acquiring knowledge and applying it yields personal contentment. It emphasizes disciplined learning and diligent practice as sources of inner fulfillment. The statement connects education with ethical self-improvement and steady effort.
Detroit writer Henry Dempsey coined the remark They all look fast going past trees after watching horses. The famous line, first applied to horses, spread to other sports and became a common pat expression. Dempsey died recently, recalled as a master judge of horseflesh.
The article lists recipes using dried fruits including prunes figs and pears with instructions for jam marshmallow figs stewed pears and Baltimore Pudding. It describes soaking time simmering and sugar amounts and suggests serving ideas with cream and egg sauce. It preserves historical cookbook style and provides step by step cooking methods.
The Iowa Collegiate Forensic association holds State Extempore and Oratorical contests in Pella March 1 and 2. Twelve leading colleges are represented with two Thursday preliminaries in the chapel and Second Reformed church. Friday features a business meeting, a 3 PM Extempore contest, and the final Oratorical event in the Second Reformed church.
Paul Bruins played a cello solo at the chapel last Thursday morning. Faculty and students attended Rev Wm Duiker's funeral in Oskaloosa Thursday afternoon. Students Elva Mae Van Houweling Henrietta Roclof s Bertha Plette Clarice Smith Freda Hesselink Grace Van Ryswyk and Edna Vande Meer performed piano pieces in Mr Sadler's Studio Thursday afternoon. Miss Watson reported on the State Contest at Upper Iowa during chapel Monday morning.
Prof and Mrs Mulder plan to move next week into the Flat Boat just north of Sam Van Vliet. The Glee Club missed their Knoxville Hospital concert due to car troubles. Our boys, invited to the Asmiatica Day program previously, were not ready to sing yet this year. A year ago the club performed for soldier boys and has been asked to do so again this year.
Mrs Ligget hosted PFE O club on Wednesday afternoon. The Boys Glee Club performed Ol Virginia at chapel. Grace Van Rysw? and Edna Vande Meer played La Baladine by Lysberg on two pianos. Klein staged a clever pep meeting as students and faculty who skipped chapel missed a great deal.
A note invites readers to help with a special Ray edition this week. It calls for volunteer involvement and outlines how to contribute to the project.
Price slate from the Farmers Co operative Exchange in Pella Iowa lists hogs at six forty to seven forty per cwt corn at sixty five cents per bu wheat at one dollar five cents per bu oats around thirty eight cents per bu and cream price noted.
Eastbound and westbound passenger numbers listed with times. Local freight 882 scheduled 11:59 am and 831 also carries passengers. Freight for shipment must be at the station by 5:00 pm the evening before. Both focal freights carry passengers.
Local schedule fragment shows times for trains at Howell Iowa on the Wabash line. Entries include morning and evening departures with provided times, though several characters appear garbled. The readable portion indicates a timetable snapshot for a small Midwest station.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.