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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 29, 1924
Page
5
Roger W. Babson argues true prosperity requires fair purchasing power for both industrial and agricultural sectors. He says high farm prices, rising land values, and good crops spark prosperity only if wage workers also prosper. He likens the economy to a team where the slower farm sector brakes growth and warns unequal conditions hinder overall demand and purchasing power.
The article traces farm price recovery from 1920 to 1925, noting a long period of agricultural prices well above industrials, then a sharp decline. By 1923 agricultural prices recovered but remained below industrials in some years, with Babson indices peaking and corn facing weather risks. It argues improved farmer purchasing power signals a new prosperity foundation as construction begins.
A fragment notes polo history in the United States dating to 1476 with early imports to New York front and western regions. The passage hints at colonial-era spread but provides limited detail beyond the initial polo horse and equipment movement.
A historical advertisement touts a pill named HILM-ROID as a safe internal cure for piles. It claims external treatments fail, promotes improved circulation, and asserts success after testing on many cases. CW F Phillips sells the tablet with a purchase guarantee.
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