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This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
Tripoli Leader
Location
Tripoli, Iowa, United States of America
Date
Apr 05, 1933
Page
4
President Roosevelt asks Congress to cut farm mortgage rates from six to eight percent to four and a half. The plan would finance government and private farm mortgages with two billion dollars of low interest securities, enabling long repayment terms and protecting farmers from losing homes.
A public breakdown explains that two cents of every dollar go to West Point and Annapolis, five to veterans hospitals, two to military research, twenty to pensions, twenty five to navy upkeep, thirty to army maintenance, and sixteen to all other federal functions, totaling eighty four cents for war-related costs.
The speaker criticizes lax laws allowing promoters and brokers to flood the country with fraudulent securities. While fake currency carries prison terms of ten to fifteen years, issuers of meretricious stocks and bonds avoid jail. The speaker argues for stronger penalties to curb investor losses and align punishments with counterfeit currency penalties.
The Leader argues Tripoli should push for reduced city street lighting and pumping costs as prices fall across many sectors. It says public utilities should lower rates proportionally and favors community welfare over large profits.
The text argues confidence is essential across finance industry society and government. It notes Roosevelt’s emergency measures as the only effective path to temporary relief and a clear route to complete recovery, urging strong faith in institutions and leaders.
The article commends those engaged in canvassing for charity or church, noting they work for the benefits of generous giving. It portrays canvassing and campaigning as an inevitable outcome of civilization and urges cordial, helpful commendations to ease the workers’ load.
A recently married couple, after a wedding trip, visited a welfare office seeking aid but were denied. The piece treats marriage without work as risky and cautions against the move.
Editorial urges spending spare dollars on local property improvements in Albia to boost employment and purchasing power. Highlights the money’s circulation through contractors suppliers transport and taxes, ending with a call to fix furnaces roofs and paint this spring to maximize value and aid the community.
An editorial urges men to guard their credit amid stress as business runs on credit, noting many honest men wish to pay but cannot. It asks if the era shows too much carelessness in credit habits and emphasizes the value of maintaining good credit for future access.
A Rockford Register editorial cites Secretary Woodin’s remark on bankers and loss of modest savers’ funds praising a basic decency in leaders. The piece hopes his stance signals broader public regard for small investors and voices from modest means within Roosevelt’s administration.
The Corydon Times Republican lauds the legislature for repealing the five day marriage law as a step toward good government. It argues the measure had no justification and notes supporters were few among voters while it caused couples to seek nuptials in neighboring states.
Lenox taxpayers forced publication of city council proceedings via writ of mandamus. Judge Fuller oversaw the case, which ended by agreement after evidence on behalf of six plaintiffs plus six more joined. The council agreed to publish all proceedings from April 1, 1930, to November 1, 1932, then began monthly publication.
An editorial argues for cautious reform and patience amid national restlessness. It urges endurance of current evils over risky experiments and emphasizes constructive change, prudent budgeting, and avoiding destruction while seeking lasting improvement.
The Hampton Chronicle questions government loans to open large city banks while hundreds of country banks face liquidation or reorganization with little notice. It accuses big center interests of driving the banking squeeze to control credit and urges focus on farm price support as a path to prosperity.
A Washington opinion piece argues Congress has broken its habit of endless debate and factionalism. It discusses farm relief amid Roosevelt farm bill debates, the administration plan to refinance farm mortgages, and the shift to a centralized farm credit administration led by Henry Morgenthau Jr. It notes public indifference to specifics and the need for action to restore agricultural prices and help urban consumers.
Washington snapshots report President Roosevelt backing full publicity for new security offerings and blue sky laws, with Morgan & Co questioning Senate banking inquiries. Labor groups protest wage-earning power cuts, while veterans plan continues talks on benefit reductions. Hull suggests using diplomacy to counter Nazi Germany boycotts, and Wallace seeks broad powers for farm relief amid economic strain.
The piece examines whether farm surpluses will end by market shifts or by government taxes on processing. It notes Roosevelt’s executive order consolidating federal farm credit agencies, returning 2 million dollars of unspent Farm Board funds, and the need to balance production with consumption amid potential higher food prices. It also reports on farm bill opposition in Congress led by Marvin Jones and Fulmer over provisions deemed troublesome.
Government backed farm refinancing faces questions as critics warn it is an emergency fix rather than a policy to raise farm prices. Senate agriculture panel votes to strike key power to adjust processing tax, while railroad labor and farm groups oppose coordinated rate regulation. The Black bill for a five day thirty hour week gains Senate support as a path to reduce unemployment.
Rumors swirl as the Mitchell case advances beyond the judiciary committee amid talk of a broader federal drive against finansial figures facing income tax violations. The Walsh disappearance myth of a general pause in prosecutions for the wealthy is challenged by ongoing indictments.
Colonel William Mitchell testifies before the House Military Affairs Committee urging a unified national defense department. He promises efficiency gains and a claimed 300 million dollar annual saving, envisioning elimination of most army and navy roles in favor of submarines, aircraft, and lighter weapons.
Legal transfer list shows sheriff Frank Sager to Northwestern Mutual Life $5918.40 and multiple small sales. E A Sager to R A Sager. Westendorf to Esther Westendorf. Ada L Folks to Howard L Roach. Mabel Schuknecht to Raymond McKeown. Hannah Ludwig to James McMeans. Charlotte Blain and Harriet M Whitson, both to C F Coates. Lucy Arns to C F Coates. C T Wilson to Waterloo Savings Bank. Ludwig to William McMeans. Baysinger to Lewis Dietz. Nellie Driscoll Keller to Margaret and Cecelia Driscoll. Amounts mostly $1 or $240 with fractional interests and parcel descriptions tied to sections and blocks in multiple townships.
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