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Newspaper
The Daily Mail
Location
Hagerstown, Maryland, United States of America
Date
May 28, 1945
Page
3
Classified obituary note from The Associates Press distributed in Hagerstown lists post office entry as second class matter and includes subscription rates and advertising details. Garvin Hager F B appears as a contact with phone numbers 104 105 106.
S E Leland of the Federal Reserve Bank of Chicago argues debt will not fall for two generations, preferring debt management over reduction. He cites a $300.9 million debt over thirty years with $500.6 million annual charges at 2 percent, noting citizens favor lower taxes even as postwar growth rests on investment. A Washington novelty, the Daily Statement, publishes every business day Uncle Sam’s finances in exact figures, attracting limited circulation and curious readers.
The text cites an April 11 debt amount of 285,235,968,978.15 dollars. It mocks the improbability of such a coincidence and jokes about teachers fearing decimal point neurosis, suggesting mixing in light conversation as a cure, referencing the Encyclopedia Britannica in a humorous aside.
wartime farm land values climbed sharply with national gains of 106 percent over the 1912-14 average. By March 1 1945 increases ranged from 17 percent in North Dakota to 96 percent in North Carolina. Twelve states exceeded 100 percent, with New Jersey Connecticut Rhode Island North Carolina Alabama Florida and California above 1920 levels. Cash sales remained high at 53 percent of 1944 deals while farm mortgage debts fell to prewar levels.
AQ YEARS AGO TODAY The Williamsport Bank announced a 3 percent dividend on earnings for the past six months. The Fish Association plans steps to curb Sunday fishermen violating the law. Bridges and Grimmsions of the Hancock Brick Company showed high quality products in Hagerstown. Brad dock Treights on Catoctin Mountain buzzes with activity ahead of summer opening by the electric railroad. Elias Young and William A. Murdock bought tickets for a trip on the steamer Celtic across the Atlantic.
The Hagerstown Rotary Club formed a committee to study erecting a city park memorial for Mayberry J. Patterson. Fourteen Security Cement and Lime Co plant workers completed a Red Cross first aid course. A plan to replace steam end locomotives with gas line engines was announced by the Balsememe and Ohio line. Grove Park opened for the season under Prof. Frank B. Stouffer. Authorities denied gunman rumors linked to prohibition enforcement and agriculture workers were to be needed in the county. The Maryland State Golf League, including Frederick, Hagerstown, Winchester, and Alexandria, was formed.
Three individuals were acquitted in a monopoly-related case as reported May 28. The trial involved multiple defendants and charges connected to anti-competitive practices. Details indicate there was no bail set for one or more defendants, with case context tied to regulatory actions and corporate behavior.
Reporter details a lively Manila scene as US Army air and naval officers from multiple divisions drop by, including Majors Clare and Brownfield and Lt Col Macauley. The writer, a correspondent, describes a cocktail mix up, travel plans to join divisions, a misdated Filipino party, and improving press facilities amid postwar bustle in Manila.
John Paul a magician who reads currency and Pinky Tracy a comedian entertained a country club audience. A guest asked Tracy to tear a $10 bill and he did then claimed he could not reassemble the pieces.
A discourse contrasts religious teaching with advertising, arguing that sermons aim to prompt action and belief. It cites Jesus and prophets as using persuasive messaging to influence choices and suggests promoting religion could counteract sin. The piece oddly notes Arctic housing practices for winter protection.
President Truman’s decision to fire Attorney General Biddle is recalled alongside Biddle’s influence on the Truman Committee’s early probes into a secret patent link between Standard Oil NJ and I G Farben. The piece also covers Connally and Reds Sen Tom Connally meeting advisers about the veto power and the World Court, reactions of the National Association of Manufacturers, and notes on Soviet loan talks with Chase Bank and Davies’s Moscow trip plan.
The plan assigns Harry Hopkins to Moscow while Davies goes to London to press Churchill to stop provoking Russia. Churchill enjoys stirring US USSR rivalry, making the balance of power issue central. Davies is authorized to bluntly tell Churchill that such needlework strains Washington relations.
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