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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Dec 29, 1933
Page
2
A collage of syndicated and local commentary appears in this Times Enterprise page. Items touch on NRA constitutionality, New Year schedules for students, cons marketing, crossrail and rail service woes, Prohibition repeal parties, Al Capone jail terms, and Georgia travel woes.
A discerning visitor notes agriculture should be the core of local growth and calls for curtailing cotton and tobacco to boost home food and feeds. He praises Thomasville winter climate and scenery but cites poor advertising and transport links, urging improved rail schedules and airline connections for a viable winter resort. He emphasizes that thought must lead to action.
R. E. Gormley state bank superintendent asks the federal government for loans over five million dollars to liquidate closed banks for depositors. A ruling by the supreme court is sought on hypothecating bank assets or forming a corporation to purchase and hypothecate assets. If approved, Bank of Thomasville and Peoples Savings Bank would gain immediate funds to pay depositors.
A new deposit guaranty starts January 2 shielding bank deposits up to 2500 dollars. The guaranty fund is funded by a 0.12 percent assessment on deposits up to 2500 dollars per account, with a possible additional 0.12 percent levy. If不足 funds, the treasury may be tapped and the system lasts until July 1.
The Savannah area faces large relief and lending measures as civil works aims to draw 1,000 workers from unemployment rolls. The permanent bank deposit guaranty starts July 1 with stepped protections and bank assessments funded by treasury and deposits.
Fredonia residents Mr. and Mrs. Harry Carlton visited J. T. Carlton's family. Mrs. F. M. Wallace returned to Kissimmee after weeks with Mrs. H. S. Myrick. FitzGerald guests Mr. and Mrs. D. C. Allgood visited Parramore relatives. Coolidge and surrounding towns noted several holiday gatherings with extended family in Georgia and Florida.
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