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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 27, 1934
Page
7
We can't blame the New Mexico Democratic organization for wanting to avoid state election issues. The state record shows broken promises and unpalatable actions. Chaves county secured a two million dollar tax valuation reduction while the state overall was down seven million dollars. Was this good sense or luck?
The Government fears rising bond prices and borrowing needs to retire Liberty bonds. Since the nation’s start people trusted deposits in the treasury as gold for dollar, a promise broken by gold seizure at a profit to the government. Loss of faith ruins confidence. repayment may restore trust, but repudiation never creates prosperity. Wild financial plans, pension schemes, and price fixing fail. value stems from demand and scarce supply.
The piece argues football draws larger crowds under night lights, noting crowds prefer daytime games yet many teams switch from day to night to shift from losses to profits. It ponders how this would work in Roswell.
On the S S Navarre the reformed crook Lanyard reunites with his son Maurice who travels as Maurice Parry. Maurice steals and replaces emeralds, tangled with Fay Crozier and Tess Boyce while Lanyard debates guiding his wayward heir and the dangers of their social circle.
A column surveys New Mexico Masonry in Albuquerque events with York Rite and Ballut Abyad Shrine, notes New York Mayor LaGuardia lottery efforts, discusses gambling debates, and jokes about bean smuggling and jerky production in the region. Roswell Fair, FERA improvements, and religious shifts under a German leader are touched on.
A column notes a forthcoming Great Jewish Congress in August to discuss persecution in Nazi Germany and world upheavals. It highlights young voters in New Mexico aiding both parties, with Democrats in Clovis and Republicans forming a state organization in Albuquerque. The piece predicts magnesium and aluminum resources in Carlsbad, clay near Roswell for brick, and a future era of metallic buildings driven by New Mexico's mineral wealth.
The Walnut Creek Sun and Surf Club and the Jump and Bump Hunt Club announce a portrait exhibit showcased across the country. The event highlights members and community figures, promoting regional arts through a touring display and related programs.
Illinois congressman Henry T. Rainey aged 74, speaker of the House, died after a heart attack linked to pneumonia contracted during a long speaking tour across the United States and Canada. The Washington veteran, long noted for his white hair and Windsor-style tie, was a familiar figure around the capital.
A Roswell classified item announces an execution sale of a 1929 Chevrolet Sport Coupe owned by R Corman Jr. The sale is set for September 14, 1934, at 10 a.m. at the county courthouse west front door, to satisfy the judgment in Hessie Corman vs. R W Corman Jr. The ad lists vehicle details, location, and costs.
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