06 Jul 1939
Page 1
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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Renwick Times
Location
Renwick, Iowa, United States of America
Date
Jul 06, 1939
Page
1
An editor notes that the column expresses the analyst’s opinions not the paper's. The piece discusses Tandine Plus and a new government lending plan expected to face trouble, with experts highlighting spending cuts as a key issue for 1940.
A proposed federal securities program would fund public works with self liquidating bonds, aiming to stabilize finance and spur recovery. The plan allocates hundreds of millions across agencies, with critics warning it could expand government control and delay normal lending. Military buildup, budget projections, and international debt limits shape the fiscal outlook for 1940.
The United States will swap 30 million dollars worth of surplus cotton to Britain for 85 thousand tons of rubber. The deal uses 11.3 million bales of U S cotton as loan security and aims to strengthen wartime supply without disturbing domestic markets. Both nations keep seven year war stocks and may barter tin chromium and manganese later.
In the Panhandles and neighboring states the 1930s dust bowl saw topsoil loss shrink from 16 million to about 800 thousand acres by spring. Reclamation efforts kept moisture via contour farming, enabling a rebound as spring harvests approach. Wheat output is forecast to rise from 4 million bushels in 1935 to 15 through 25 million this season. Farmers in northern plains report unusual rains and cautious optimism.
The National Safety Council notes pedestrians have neglected safety and often ignore traffic lights. In 1922 pedestrians accounted for three fifths of traffic fatalities, with two thirds violating ordinances or acting unsafely. Suggestions include obeying signals and building country sidewalks.
Forecast notes ex-Gov Leche successor Berl Long plans to purge Huey Long era political machine. Dr James Monroe Smith, named LSU president by Huey Long, first to depart. Also reports on salvage of the sunken U S submarine Squallus with boat not raised before late July.
The article recalls the NC-4’s 1919 transatlantic hop to Horta Azores seen by locals, with 1933 Lindbergh arrival, and notes the Yankee Clipper’s 20 year visit. It describes Horta’s port, winds, jetty, and its role as a major transoceanic cable hub with international presence.
Bolivia dominates global tin trade as the third largest producer with exports chiefly minerals. The landlocked nation relies on tin for two thirds to nine tenths of its revenues, shipping mostly to Britain while lacking domestic smelters and sea access.
Fragmentary quote attributed to Webster criticizes education fees and government influence on popular education. The text suggests public opinion shapes policy and warns against entrenched ignorance. The passage reflects a belief in education as a cornerstone of liberty and social progress.
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