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Newspaper
Polk Progress
Location
Polk, Nebraska, United States of America
Date
Mar 01, 1945
Page
3
Walter A. Shead argues war bonds are safest, with 85 million holders and $41 billion in bonds by January 1, 1945. He cites low redemption rates, payroll savings growth, and bonds as a durable funding pillar alongside taxes and other securities.
Treasury officials say the public debt ceiling must be increased from 260 to 300 billion dollars to finance the seventh war loan. The current maturity value debt stands at 241.02 billion, leaving about 18.98 billion of room before the cap. President Roosevelt expects additional increases before June 1946 as debt could reach about 292 billion.
Snapshot notes recall Edgar Allan Poe a dollar a year man who spent a decade on The Raven earning ten dollars while the original manuscript once sold for ten thousand. Poe rented a Bronx honeymoon cot tage for three dollars monthly, now a New York shrine. Marconi, age twenty seven, faced critics who feared radio waves would kill them and disrupt sleep.
Brief sketches recount famous figures such as Barnum Dumas Woolworth Gershwin Newton Byron Schiller Coleridge Richelieu and Beau Brummel. The anecdotes cover swindles, debts, genius turning to folly, unusual habits, and dramatic downfalls, framed as curious trivia.
The passage contrasts Beethoven paying rent at multiple places with Mozart who died young and starved, and Chopin leaving a beloved who did not offer him a chair. It notes Chopin’s choice and mentions Beethoven’s insistence on burial attire in his will.
A letter laments the U S Congress as a back stage show with few real lawmakers and a need for reform. It argues a bipartisan panel should simplify procedures, define duties, and curb executive overreach. The piece notes historic leaders and stresses back stage work matters more than floor votes. It ends with a call to practical changes before April. It contrasts Russian private enterprise with state domination and mourns rationing, while reflecting on American class divides and a hopeful future.
A vintage feature extols the charm of crazy patch quilts made from bright silks and old cravats. It notes how Victorian era scraps inspired today’s decorative throws and suggests collecting bright silk pieces, ribbons, and embroidery thread as a hobby. Copy of Book 2 offered for 15 cents with name and address.
A platinum wire now used in the country is drawn extremely fine and sold at 1.50 dollars per foot. If one could price it by weight, a single pound would be worth about 217 million five hundred thousand dollars, illustrating extraordinary value for ultra fine material.
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