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Newspaper
The Diller Record
Location
Diller, Nebraska, United States of America
Date
Sep 18, 1931
Page
4
Rome C Stephenson, president of the American Bankers Association, says there is no financial panic like 1907 despite the economic downturn. He notes stable banking and credit support, widespread unemployment being the era’s major issue, and urges getting workers back to work to aid both capital and labor.
The article argues farm boys deserve equal wage to pursue any vocation with education. It notes cities offer broader opportunities for skilled trades and professions for intelligent farm youths. It warns farming is overdone and prices rely on demand while stressing to study modern agriculture. Indolence limits future prospects on or off the farm.
The rapid rise in hospital numbers and value places the field among leading industries. Government and non profit groups control 84 percent of beds, while private enterprises account for 9 percent. Average hospital investment runs about $425,000.
The Omaha World Herald notes strained finances yet records large Nebraska rodeo crowds. In 30 to 40 days North Platte Burwell Broken Bow Hastings and other events drew tens of thousands. Despite poverty people still spend on fairs hot dogs rides and entertainment, including a Harlem show and a wheel game.
Stephen Romeo reports on the push to lift business gloom and speed recovery. bankers advocate raising public confidence to drive demand, production, and hiring while debating whether branch banking should expand via federal or state action under careful, gradual reform.
A recent Economic Policy Commission report of the American Bankers Association argues for gradual, state driven expansion of branch banking in the United States. It says changes should evolve within states rather than across Washington on inter state lines and that liberalization would unfold through local desire and conditions.
A Tientsin man drowned after bargaining with relatives over a rescue. While on a pleasure trip he fell into the water near Shanhaikuan. Relatives first offered 130 then 180 dollars, then 500, but the fisherman refused each time and the victim disappeared under the water for the final time.
Police report a pair posing as charity workers sold $1 tickets for a musical certificate claiming a charity event by a musicians group. About 300 people were bilked of a dollar each with no refund prospect.
Paris reports the League of Nations backed by 24 nations approves a move to a 13 month year with Sol as a new month inserted between June and July. The system aims to fix unequal months, align weeks with months, and standardize weekly and monthly financial cycles.
Harrisburg officials say prison labor acts as a major deterrent to riots. State Welfare Secretary John L. Hanna notes 878 inmates in four institutions work at trades, with others on temporary tasks or construction projects. He argues that work reduces overcrowding and unrest, though he concedes no measure is foolproof.
County Agent R. E. Bodley of Gallatine County Montana thanked local bankers for cooperation. He said most bankers will go half way with the county agent if work is constructive conservative and handled with confidential information kept discreet and practical.
The State of Nebraska Jefferson County notices a petition by Theodore Senior executor for final settlement and distribution of Rien nelt Senior estate filed September 1 1931. Hearing set September 25 1931 at 9 o clock A M in County Court. notice to interested parties by publication for three successive weeks prior to hearing. Barnes & Rai Attorneys for Executor E R Bee County Judge.
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