11 Feb 1929
Page 1
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
The Daily Mail
Location
Hagerstown, Maryland, United States of America
Date
Feb 11, 1929
Page
1
Fragmentary OCR notes show a business official, BE Phillips, as general manager, with references to circulation, departments, and the business side of publishing. The readable text hints at managerial restructuring and ongoing operational concerns within the publication.
A compact reflection notes that pride brings downfall while humility leads to wisdom. It cites biblical and historical allusions, warning that arrogance invites shame and loss, urging restraint and prudent conduct.
The piece outlines Federal Reserve concerns about banks using borrowed reserves to back speculative stock lending. It notes record brokers loans, warns against credit facilities supporting speculation, and argues the Fed must curb such use to safeguard reserves and aid real commerce. It underscores the ethical and practical stakes in maintaining proper credit functions.
A New York writer notes the west remains cattle country while New York subways bustle during rush hour. A spring fashion feature highlights wooden jewelry in women’s wear. A joke about wedlock ties to lumberyard rings. Hoover’s speech is spoofed in a newspaper headline. Paper from corn stalk is announced as a new product. A debunker jokes about Captain Fried. The world’s largest suspension bridge rises over the Hudeom river.
The plain truth is that speculation has grown from bank credit tied to trade and industry reserves, yet private wealth and corporate surpluses supply much of the market. The Federal Reserve warns it cannot arbitrate values yet bears responsibility if banks support speculative loans. Some credit costs have risen 1 to 1.5 percent, while officials urge corrective action to prevent diversion from productive business.
Federal reclamation projects support over 600200 residents who grow crops worth 135000000 last year. The districts supply tea cut products aiding mining districts and maintaining mines, bolster the range stock industry with winter feed, and reduce railway freight through local business for transcontinental railroads, prompting pride in the bureau's record.
Washington notes a partisan clash over prohibition funding as the Senate approves 24 million dollars for enforcement while the House blocks the appropriation. The piece discusses dry and wet politics, leadership gaps in the Anti-Saloon League, state vs federal enforcement shifts, and the prospect of a Hoover investigating commission to study prohibition.
Manhattan snapshots chronicle quirky urban scenes from a book on bee farming to a barber shop checker game, a soured baseball memory, and a sandwich man with a baby. Gilbert Swan notes social ironies among hotel art, stilted street characters, and diverse shop life in a brisk New York style column.
Dr Morris Fishben writes that health fads mislead especially women, urging moderation in diet and exercise. He condemns extreme breathing regimes cold baths and marathon training, warning against fanaticism and urging rational, well regulated activity.
A tailor praises a splendid brown tweed suit as workers admire its fit and craft. The narrator notes flaws unseen by the crowd yet ponders whether patrons should measure, while the tailors’ praise echoes the poem’s playful irony.
In early times women wore a ring to signify delegated authority from a husband during his absence. The practice marked social trust and formal submission to the spouse's leadership within households and communities.
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