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Newspaper
Pella Chronicle
Location
Pella, Iowa, United States of America
Date
Mar 25, 1920
Page
6
A Davenport company bought land to build a wooden shoe factory, while Pella may reply with a pearl button factory. The Liberty Loan bonds must be exchanged for registered varieties as coupons mature to increase safety from theft.
The Senate refuses to bow to European entanglements while backing Irish rebellion to appeal to a domestic un American element for votes. The Weekblad’s prophecy on Hoover derailment of other candidates mirrors an earlier pessimistic wartime forecast.
The New Jersey governor says on a clean-cut wet and dry issue the man on the wet ticket will win, noting workers and artisans oppose having their wishes subordinated. He adds misery loves company and hopes Iowans find some consolation in shared sentiment.
Speculators trumpet the low price of Liberty Bonds in New York trading as traders debate intrinsic value. The bonds were never meant as currency but as a financial instrument and investment vehicle.
A cautious observer warns that those not obliged to sell should hold bonds. Trading bonds for stock in a budding company is likely to end badly, with a near certain loss or minimal chance of gain. If the deal were favorable, promoters would keep the bonds and let investors take the stocks.
Governor Edwards and New Jersey's chief magistrate say the public dislikes saloons returning and the prohibition objection is that people must bow to others' wishes. Vets did not close saloons willingly, and rumsellers oppose restrictive laws, seeking complete openness if allowed.
A column reviews a Patriotic Creed from Federal Reserve Savings Directors via the American Economic League and critiques Committee of 48 positions. It contrasts support for single tax with opposition to antiwar and anti-government stances, deriding peaceful dissent as sedition while favoring strong national policy and ratification of the peace treaty.
The council discussed membership rules and rejected some applicants. Widowers were deemed unsuitable, and no bachelors under 30 would be admitted, as concerns rose about private motives and social leverage. Ray Boland's petition was returned with a delay suggestion.
The Carnegie Hero Medal honors Dr. L A Osborne and Rev. W E Bruner for diving into the Skunk River at Fremont to save a drowning scout and another boy on July 24 1918. Both men perished. wives receive bronze medals and monthly support for their children. The award was issued in early 1919.
A teacher asks two girls about becoming missionaries. One admits fear of leaving home, the other fills a mite box with pennies nickels and a shiny quarter, showing growth in generosity. The class prepares bouquets for the Old Ladies Home, hinting at future mission work.
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