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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Nov 18, 1932
Page
20
A speech argues the United States must replace outdated 17th century finance with modern 20th century methods. It notes half of plant and equipment worth 25 billion dollars is obsolete, raising costs and hindering growth, and calls for sweeping modernization to unlock a 12 billion dollar equipment market. The remarks point to rapid industrial revival if obsolete machinery is scrapped.
Article argues tearing down slums around cities to replace with modern buildings boosts employment. It links slum rehab to revitalizing industry, mortgages, and tax bases, urging use of Reconstruction Finance Corporation aid and new sinking funds to finance replacement.
Pittsfield and surrounding residents attend funerals dinners and visits. Mrs. C L Pickworth attend Mr John Mockler funeral at St Marys Wakemar. Families host farewell dinner for Charles Baetz who depart for Alhambra Cal. Various visits to Elyria Cleveland Lorain Oberlin and Ashland noted along with farm bureau delegates and county extension projects. Soviet Russia to celebrate Bolshevik Revolution anniversary on November 7, 1917.
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