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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 02, 1923

Page

6

Babson Warns Debts, Warns Against German Collapse

Babson discusses European debt and the Ruhr crisis, arguing Britain and France risk hard feelings if methods escalate. He opposes universal debt cancellation, says the U.S. stands apart, and favors a practical receivership or bankers commission approach to Germany. He notes Germany’s gold reserves are insufficient for simple collection.

Ruhr Germany Balfour United States C. W. Barron Wall Street Journal Boston Philadelphia Hughes Mr. Babson

Babson on European reparations by a world trade plan

Babson says a receiver could help Germany pay by expanding foreign trade, with staged payments to ease global finance and a board of Christian businessmen guiding the solution. He urges restraint from self serving politicians and stresses the problem is spiritual as well as economic. ATHENS report notes a $125000 Masonic Temple project and stateside details follow.

Germany England France United States Te Puch & Commission Shold Babson Hughes William G. McAdoo Mr. Babson Europe

Economic indicators show slight US growth above normal

The text notes US general business remains slightly above normal by about 3 percent. It adds that foreign exchange actions and other international parameters point to a grim European outlook, yet implies a near-term improvement may follow as dawn follows night.

United States Europe

Ohio Northern president in serious condition after funeral

Lima report says Dr A E Smith president of Ohio Northern University Ada is in serious condition after a nervous collapse following funeral services for founder Dr HL Smith conducted. Mansfield notes Lexington village panicked by a mad dog bite spree. Edward Shafer and Civil War veteran George Myers were bitten before the dog was shot.

Lima A. E. Smith Ohio Northern University Ada HL &. Ihr Mansfield Lexington Edward Shafer Geo. Myers

Measles rise sparks summer ice cream demand in Ohio

In Vanesville on Feb 3, an unusual measles outbreak affects daily ice cream sales only in summer. Meanwhile Yorkville reports state industrial relations condemning a two cell village jail adjacent to a garage as a fire hazard. Cornell plans a town hall. Bridgeport notes union miners convention and water counts issues. Defiance reports a death during a recent six e termination contest among team members. Farm Bureau assesses decor value at 1,479 dollars per county agent.

Vanesville Ohio Yorkville State Department of Industrial Relations Cornell Defiance Team Farm Bureau Cotty Whonszetler

Also Mentioned on This Page

Uaope Mary Mass CAN Rolling Mill Company Chas. J. Sartor Megs Frances Ger Meny Germaerds Athens Ohio University Mississippi Epee America Lew, Jr. Louis Louis Guneral Avark Shoe Stores Elyria Store Acces Lee Whitney & Co Cheapside Second Street Cleveland Hall’s Auto Service Bridgeport One Bey Mr. Casey Automobile Insurance Gilbert Bros Redington Elyria City Hardware Co Julius Bean Postoffice Manges Bo The Foster-Fitch Co
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