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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 13, 1923
Page
8
Wellesley Hills Massachusetts reports cautious optimism as railroads improve and labor shows a corrective attitude amidst foreign developments. The article notes that despite bearish sentiment for the second half of the year, several positive indicators suggest improving conditions and hopeful prospects for the economy.
The court ruled neither state legislatures nor commissions can set confiscatory rates and must consider reproduction and original costs to protect investors. The decision encourages safe securities in telephone, electric, and street transit fields and signals broader court support for capital amid political pressure. It adds that corporations may seek court relief over Congress in coming years. The second ruling limits the Kansas Industrial Court to wage fixing only in great emergency, benefiting businessmen.
The Oregon Democrat analyzes U S Supreme Court rulings on industrial cases and price regulation, noting limits on state and federal intervention. It discusses the Kansas Industrial Court ruling, the FTC decision affecting price cutting, and Babson’s optimistic read of economic readjustment.
July visits dot Ridgeville as Miss Helen Bassett spends a day with Miss Dorothy Ver Soy and Miss Hazel Maddock vacations with Lillian Oster in Cleveland. Mrs. Scott tours New York state with two sons while Mrs. M. K. Bills of Elyria visits her mother. Walter Blazer of Cleveland and Aloise Pitts host relatives on Independence Day. Esther Eldred of Lakewood sees her parents in Ridgeville while Lucy Wilford visits Avon relatives. Lucinda Palmer of Lorain enjoys time with Ridgeville kin.
Local notes recount a baby born July 9 at Memorial hospital to Mr and Mrs L F Brickman. Mr and Mrs Schaber entertain relatives from Toledo and Cleveland figures visit. The Ridgeville Grange plans an August 11 picnic at Paritas Springs with neighboring groups. Notables attend gatherings at the Bracey Morgan and Oster homes as weekend visits unfold.
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