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Newspaper
Ruston Leader
Location
Ruston, Louisiana, United States of America
Date
Oct 15, 1930
Page
2
Owner and Publisher entered as second class matter at the post office at Ruston Louisiana. Official publication office and contact details listed. Subscription rates in advance for one year six months and three months. Formal obituaries resolutions of respect and personal cards of banks charged at regular advertising rates.
In 1929 railroads moved about 1.1 trillion ton miles of freight and 7 billion passenger miles to produce enough net revenue for taxes. The system required 54,000 miles of track, 872,000 workers, 18,900 locomotives, and 520,000 passenger cars to pay 420 million in taxes. Between 1900 and 1929 taxes rose 802 percent, while stockholder payouts surged. Railroads buy large shares of coal, timber, iron and steel, and oil, employing hundreds of thousands. Penalizing the industry risks halting top service and driving up costs.
The article argues that highways link progress and civilization, reduce farm to market road congestion, and cut farmer isolation. It emphasizes road construction as essential for modern agricultural economies and unemployment relief, urging year round surfaced routes and durable, economical secondary roads.
A fragmented report from the Mellon Institute notes that sleep interrupted two to eight times per hour yields refreshed wakefulness. Tests show awakenings occur every 20 to 40 minutes, with eight hours of sleep needed for full recovery.
A discussion on how rapid vocal communication over long distances via the telephone has shrunk borders and provincialism. The piece argues that state lines are largely forgotten, enabling easier national and international understanding and cooperation for little cost and short time.
The Socialist party declares unemployment and old age insurance as top planks and seeks immediate nationalization of banks insurance companies railroads coal mines water power sites and power systems nationwide.
Radium production since 1898 reached about one MTHLU eras, with under 250 grams worldwide for medical use. In the United States only 8 institutions or individuals hold as much as 200 milligrams, totaling 241 owners. Current price runs around 70 000 dollars per gram, reflecting scarce supply and controlled possession.
A distressed monologue recounts poverty and faith amid hard times. The speaker describes a log house, loss of crops, lack of credit, and refusal to beg or mortgage his home. He recalls past wealth and learns contentment, closing with a prayer to God and references to providence and daily bread.
The article outlines 8. W. Straus’s lesson that eagerness to advance quickly harms finances and that patient thrift yields better outcomes. It notes saving $50 monthly from age 25 to 40, at 6 percent, could accumulate about $15,000, demonstrating the power of steady investing over speculative gains.
The text discusses saving to age 60 to build a capital sufficient to provide a reliable annuity for the remainder of life. It explains how extending contributions to retirement accumulates a fund from which steady income can be drawn in later years.
J D Barksdale presented a plan at the North Louisiana press division meeting to publish a series of accessible articles on Louisiana laws. The effort, backed by the press and bar associations, will cover areas from contracts and torts to marriage and wills, with first pieces focusing on constitutional amendments and public rights, to appear in newspapers statewide.
A humorous sketch describes three or four boys spending a summer day ransacking a house, misplacing items, tearing things, eating peaches, playing with tools, building a brick playhouse, and acting out blitzlike games. It ends with reflections on how childhood echoes into adulthood and the cost of beauty and goodness.
The Federal Farm Board and the U S Department of Agriculture will host conferences across the South to reduce cotton acreage from 46 8 million to about 40 million acres and to readjust farming programs. Meetings will include colleges experiment stations extension divisions bankers landowners and cotton cooperatives with the first session in Montgomery Alabama today.
The death of James J. Bailey, long serving Secretary of State of Louisiana, shocks the state. Known for health, popularity, and political leadership, Bailey was seen as a potential governor candidate and a strong figure in multiple factions. His passing prompts wide regret.
Defeat in primaries of five or more U S senators and over twenty representatives renews interest in the lame duck amendment. Congress meeting in December will include reps repudiated by voters on issues. They will legislate for 13 months after leaving office. Critics say the system allows powers that control Congress to influence votes of lame duck members through rewards.
The National Board of Fire Underwriters reports August fire loss at 36,043,679, up 5,596,788 from August 1929. For January–August, total loss reaches 313,231,190, an increase of 20,706,009 from the prior year. If trend continues, 1930 waste exceeds 30,000,000 beyond 1929. Loss deemed nearly entirely preventable, indicting broad lack of intelligence.
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