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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 21, 1938

Page

14

Government spending argued as painless bond sales

Boake Carter contrasts wartime bond drives with modern deficits. He argues the public finances shift to banks through government bonds, accusing the administration of draining 40 percent of bank deposits via I O U debt while promising to spend four to five billion dollars to “break the back of the Depression.” He warns of future slumps and urges workers to consider the dollar in savings and the hidden IOUs behind “painless” prime the pump rhetoric.

White House Savings Washington Politicos

Social Security Numbers Rise as Ohio Workforce Grows

Data from Lorain confirms 2,292,428 Ohio workers had SS numbers by end of March with 27,708 new accounts that month. A broader look discusses wage records, future retirement annuities, and debates over large-scale credit expansion and RFC financing.

Ohio Margaret Bolton Lorain Social Security Board Miss Bolton

Easter Guests and Local Visits in New London

Mr and Mrs A J Lawrence of Norwalk were weekend guests of Mr and Mrs Frank Bohn. Darwin Cunningham of Nelsonville Ohio and Jeanette baptized at First M E Church. Howard Hearson and Percy Parnell visited. Easter week end with families. Coach Richard Meyer spent Easter weekend in Napoleon Ohio. Ervin Haney and daughter Jeannette of Lakewood spent Easter here. Hubert Snyder of Lancaster Penn visited with Hols Snyder family. Marjorie Delvertson returned to Cleveland College for studies. Norman Smith of Oberlin and George Parnell hosted visitors.

New London A. J. Lawrence Norwalk Frank Bohn Darwin Cunningham Nelsonville George Hearson Howard Percy Parnell Zelienople Penna Richard H Meyer Napoleon Ohio Ervin Haney Jeannette Lakewood Ohio Jeannettle M. E H. R. Delvertson Cleveland Marjorie Cleveland College Hubert Snyder Lancaster Penn

Also Mentioned on This Page

Boake Boake Carter Lorain, Ohio Ene Public Loan Corporation Broadway United States RFC United States Treasury Treasury Tahoe En Thor Lewell Wringer Y.H.P Elyria Wakeman Robert Hoyt Vivian Currier Haster Elizabeth Currier Kathleen McCreedy Clarence Pierce Henry Wasmak Connelly Pleasant Street Burdell Fairchild Cygnet Iona Hastings Don Hastings T. F. O’donnell Muir Mair Broad Street Data Grae Pennos Gerber’s CLAPP Wright Twiste Carter Epsom Salts U.S. P. Grade Parmore Johnson Ae Ee Squibb Isc Kalin Muir's Cinlew Umbo Clemo Valle Vesta Witront Engaal New York Frederic Damrau New York City Damrau van Patten Pharmaceuical Co W. Ilnois St Chicago Mater Clia Bisodol Seltner Ello Lifebuoy Magnesia Sudo Cologne West
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