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Newspaper
Tripoli Leader
Location
Tripoli, Iowa, United States of America
Date
Oct 18, 1933
Page
4
The NRA drive spurs national demonstrations and emotions akin to wartime fervor but warns recovery is not a miracle. Public support must be directed and realistic amid anticipated plan changes, with focus on long effort over quick victories across months ahead.
Iowa communities press forums protest the ongoing bank holiday and unexplained delay in bank reorganization and releasing frozen deposits. More than 8000 closed U S banks hold seven and a half billion dollars, about 20 percent of total deposits, with calls for quicker federal action to restore trade.
A Hoover Dam air trip remark from Will Rogers criticizes irrigation schemes that create more farmland only to overproduce crops. He notes politicians push billion dollar projects to reclaim wasteland deserts while taxpayers may bear the costs for supposed farm relief.
The governor declares an embargo on wheat leaving North Dakota until prices rise. Wheat prices are claimed to be well below production costs, and other wheat states are urged to imitate the policy. The low prices burden farmers facing rising input costs and ongoing commodity inflation.
In Iowa s third district Republicans lose posts for political differences while Democrats allege bias by the Postmaster General. Many ousted officials held patronage positions and were removed for the same reasons they were originally appointed.
Authorities blame lower grain prices on велики inflows from foreign countries. Unless tariffs block grain imports, acreage reductions and bounties will fail under current law. Millions of bushels of various grains enter the country from the Black Sea ports, Canada, and Argentina.
Editorial notes Mark Sullivan's view of a proposed inflation form where the government buys and pays cash for all assets in closed or restricted banks. Depositors would be paid in full, about two billion dollars would be injected, and assets would rise in value as business improves. Proponents call it sound procedure and it could allow future asset sales near original cost.
An extract from a resolution adopted by O'Brien county supervisors and mirrored by Dickinson county. It declares that any person drawing county aid and suspected of spending on luxuries or amusements such as cinemas cars radios dances pool halls hair services liquor gambling or other extravagances shall be dropped from the poor relief roll and receive no further county aid until suspicions are cleared.
The Tama News-Herald reports President Roosevelt worrying over slow wage gains and a pattern of industries boosting output with cheap labor to raise prices. He warns that profits for a few cheaters threaten general prosperity and risks unemployment, urging policies protecting common people over the few powerful.
The Reinbeck Courier criticizes damages for alienation of affections as a legal racket. It argues a $75,000 award against a movie star for ruining a marriage rests on shaky property-rights in affection and questions the basis for such damages.
A Hampton Chronicle piece argues government must equip peace officers better to combat increasingly armed criminals. It urges tightening arms sources and upgrading equipment to level the playing field, noting bandit attacks show criminals armed to the teeth and that old police gear is insufficient.
In Washington the NRA debate centers on whether majorities can govern both business and politics under a new order. Johnson pleads for labor restraint while warning against strikes. The piece argues the Depression stems from a failed exchange system built by men, not fate, and stresses the need for a balanced approach to reform.
A Washington snapshot discusses Roosevelt’s Agricultural Act and political plans for a swift next session. It notes expectations of fast congressional action, potential currency inflation debates, and comments by Gen. Hugh S. Johnson on labor, strikes, and recovery. The piece contrasts Republican and Democratic aims ahead of November elections.
The piece discusses President Roosevelts interest in regulating high salaries in the motion picture industry as codes previously focused on low pay. It also notes William H. Woodins absence from the drawing for Fourth Liberty loan and his Philadelphia concert with Stokowski. La Follette family faces Wisconsin political future with two ambitious brothers running for governor and senator next year.
About 85 percent of the world borax comes from the Death Valley region in southern California.
The National Rifle Association moves a new direction in its code proceedings as it pivots toward a high level strategy aligned with presidential oversight. The shift signals a broader reorientation of its governance and governance-related discussions within its leadership structure.
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