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Newspaper
Riverdale Pointer
Location
Riverdale, Illinois, United States of America
Date
Aug 19, 1927
Page
3
An advertisement from a New Orleans paper promotes a beauty treatment offering customers a free oiling and greasing service. The note links cheerful appearances to pleasing meals and welcoming hosts, echoing Massinger in verse.
Budget Director H M Lord projects at least 300 million dollars in tax reductions next session. He contends foreign debt payments could reduce the public debt, with potential surpluses of 546 million this year and 425 million in 1929 if payments are cash or dedicated to debt reduction. President Coolidge approves major military and defense appropriations while limiting one submarine project and awaiting hearings on further budget changes.
State Auditor Oscar Nelson reports from 1925 to 1927 banks closed numbered 37 with 14 creditor recoveries, three reorganizations, and eight receiverships. 106 banks ceased, mostly downstate. New charters issued for 53 banks, many serving Chicago suburbs. Construction and road projects awarded across multiple counties. school and fair tickets distributed. state officials inspect the fairgrounds. Rehabilitation costs shown for disabled workers. pending lease rejected for North Western station. legislations on drainage, nursery, and village governance advances through House Bills. Abraham Lincoln Stanfield dies at 67 after seven terms. a requisition seeks Virgil Spears for forging a check.
A federal court in Columbus issued temporary restraining orders against United Mine Workers officials and members to prevent interference as four coal mines resume production. Affected mines include Provident No. 1 near St Clairsville, Webb near Bellaire, Rose near Cadiz, and Florence near Martins Ferry, operated by Clarkson Mining Monroe Coal Boomer and Atlantic Construction.
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