Roosevelt mulls growers wheat loan plan to halt price declines
President Roosevelt is reported to consider a new growers wheat loan program aimed at stopping price declines and could be announced at any time.
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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
May 20, 1940
Page
2
President Roosevelt is reported to consider a new growers wheat loan program aimed at stopping price declines and could be announced at any time.
San Antonio Mayor Maury Maverick on Saturday said a Nazi fifth column is strongly organized in Mexico and urged the United States to prepare the greatest war machine ever known in the world. He expressed concern over Nazi activities in Mexico and urged Americans to be ready to combat it.
Dr Bill Blaine and Nurse Linda Morton respond to a man pinned in Titan Tower elevator wreckage. Romance blooms as Linda, torn between her new attraction to Blaine and memories of aviator Mike Morton, faces marriage, motherhood, and a future shadowed by the loss of her first husband.
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War fears smother prices across markets with Wall Street shares plunging while commodities such as grains, wool, cotton, and other U S products fall even more. Analysts warn the drop may be temporary but says current effects are serious.
Dispatches describe bombing of open towns villages and farmhouses and even hospitals and asylums not spared. The war exposes savagery beneath a veneer of civilization as civilians suffer alongside military targets.
Secretary Wallace urged futures exchanges to bar trading in grain futures below Saturday closing prices. The appeal followed wheat futures dropping more than 25 cents a bushel during the week as calls grew for restrictive measures to curb declines. The piece frames the move within broader concerns over economic stability and national defense amid reports echoed from the El Paso Times.
Will Robinson surveys Red Cross giving and Poppy Day ahead with remarks on generosity. Ice cream anniversary and hotel woes for Roswell delegates spark local discussion. Also coverage of soil loss and water worries, Mosquero gate, and a Portales college marriage survey with male and female viewpoints.
President H W James of New Mexico State Teachers College selects Thomas E Benner as commencement speaker for the college graduation exercises. Dr Benner is dean of the College of Education at the University of Illinois with wide experience as teacher editor and lecturer.
A short devotional contrasts a man’s swift walk with his slow return with his two year old son to illustrate 2 Corinthians 12 9 and the idea that God never requires steps beyond His grace. The message reassures believers that God’s grace is always sufficient for every pace of life.
A education program is scheduled to take place at James Stadium on Wednesday evening May 22. The event date is specified, with the venue noted as James Stadium. Further details on speakers or agenda are not provided in the fragment.
A AP flash reports Augustine Boegi and his wife saving pennies after emigrating from Italy. They accumulate 1600 dollars by 1930, bank failure forces reliance on a wagon and tin can savings until theft drains the funds. In Ely Nevada, Sheriff Orrock notes a bribe trick where a transient gets gasoline from relief before hailing rides, leading to a policy pause on gas handouts.
Mrs. Lew and Mr. Griffith report gas theft in Salt Lake City where thieves siphoned five gallons by cutting two feet from a garden hose used on a parked automobile. The crime highlights property damage beyond the fuel loss.
In Seattle, Mary Hicks feared an attorney might befuddle her as a witness in an auto accident damage suit. To prevent confusion she marked her hands with ink reading left and right, a simple ploy that proved effective.
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