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Newspaper
Tripoli Leader
Location
Tripoli, Iowa, United States of America
Date
Jul 20, 1932
Page
4
The Tripoli Leader notes Congress did not change liquor laws as beer revival discussions spark broad economic projections. It cites estimates of federal revenue, jobs, transport demand, and brewery investments if prohibition ends, while also covering local politics, a candidate’s independent bid, family genealogies, and a tax money issue.
Editorial argues government competes with private industry by printing envelopes lending money running banks shipping railroads and more while taxpayers bear deficits and soaring taxes. It urges a return to limited government and individual responsibility to restore prosperity.
The publisher argues against a two cent tax on bank checks proposed by Congress. He contends it would drain bank deposits during a credit-tight period and hinder credit by reducing available funds. The piece frames the tax as unnecessary and detrimental to banks and the public.
Winterset Madisonian questions the idea of an income tax as a replacement tax in Iowa. It asks how replacement will be achieved, the administration costs, number of new state employees and cars, use of proceeds, and whether both state and federal income taxes would coexist with existing nuisance taxes. It urges voters to demand a bill of particulars from legislators.
The article recounts how France reduced the value of its national coin from about nineteen cents of gold to five, easing debt burdens at the cost to lenders. It then notes a proposed parallel in the United States to inflate the money supply by devaluing the dollar against gold.
Mary Miller of Frederika fell from a doorstep while carrying water and cracked a rib with severe bruising. A physician stated the injury after the Saturday evening incident. Her granddaughter Florence Ayers of Charles City is visiting. Local festival notes and a lengthy list of visitors and returning travelers follow, detailing church events, suppers, and social calls among Frederika, Charles City, and nearby towns.
Mr and Mrs 4 R Lind traveled to Tripoli Friday afternoon to visit his son in law Alwin Mee and daughter Betty, along with Mr and Mrs Roy Burmaes and daughter Lorraine. Hampton residents were observed visiting town that afternoon.
Business Bringer, MEN, WOMEN EARN to 7 815 daily introducing Famous Guarantee Hosiery. 126 styles, colors, Amazingly low prices, Produce, given new Ford to travel in, Start without experience. Write quick Wilkin Hosiery Co., Desk 6, Ohio. GOOD USED CARS FOR sail at real savings Two 1928 hev rolet Forder sedans, with goo tires and good mechanical cau tion, one late model Fordson tractor and plow equipped with ety lugs, fenders and clutch pulley, H. Buhr Garage, Tripoli.
Good used cars listed with prices including a 1929 Hudson sedan at 275 dollars a 199 Ford tudor at 295 dollars a 1928 Por g sport coupe at 135 dollars a 1929 Chevrolet 1 ton truck at 250 dollars a 1929 International 1 ton truck at 250 dollars a 1922 Ford coupe at 35 dollars a 1922 Por g tudor at 35 dollars. Listing ends with Tripoli dealer name.
The nation debates a two billion dollar unemployment relief bill. Four Iowa congressmen support it while seven oppose, aligning G N Haugen with President Hoover in voting against. President expected to veto. The era calls for cool heads over partisan tumult and radical action.
The piece argues that bipartisan plans to aid farmers are temporary fixes and that only removing trade barriers globally can cure farm distress. It warns that without open trade, American farmers face hunger and unsold surpluses due to market limits.
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