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Newspaper
Watauga Democrat
Location
Boone, North Carolina, United States of America
Date
Dec 11, 1919
Page
4
The Treasury Savings Division outlines a nationwide observance beginning January 17 1920. The seven day program promotes saving over spending with themes including Life Insurance Own Your Own Home Will Making Thrift Industry Family Budget and Pay Your Bill.
A harsh look at the Wall Street slump shows many readers from the region who lost vast sums on margin stocks while government securities like Liberty Bonds and Victory Notes proved safe. Investors are urged to avoid get rich quick schemes, as government bonds retain value and promise full payment at maturity.
In San Francisco a 11 year old Richard Morelle sold a United States Thrift Stamp to King Albert of Belgium after an official reception. The king thanked him as his car moved away. The note connects to lingering WWII era war savings themes and the enduring guard over dollars along the Rhine.
Figures from the American Bankers Association show 27,000,000 savings bank depositors in the United States, mostly people of small means, who purchased government securities, thrift stamps, savings certificates and Liberty Bonds. Their deposits total about $10.58 billion, supporting railroads, municipalities, homes and industries while aiding war financing and postwar reconstruction. Bankers say government securities offer a safe, profitable path to new capital and easy conversion to cash if needed.
The piece urges buying War Savings Stamps and Liberty Bonds to weather war debts. It compares high costs to enemy fire, praising thrift and fiscal discipline. It warns against risky investments and emphasizes safe government securities as a prudent financial cure. It notes the armistice but warns of lingering health and financial aftereffects and calls for continued fiscal care.
A long county exhibit lists numerous agents for individuals and families, detailing payments for county aids, jail and courthouse upkeep, printing, stationery, and various services. It records sums for trustees, clerks, and officials, plus reimbursements for fines, taxes, and miscellaneous county expenses. The fragment ends noting items tied to next week.
Personal Property Sale to be held at Sands North Carolina on Friday December 12. J 8 Ragan offers mare and mule colt milk cow 2 calves three hogs 75 bushels corn set of mill gudgeons plus household and kitchen furniture. Terms to be paid on day of sale. Also an insurance ad and Hall's Catarrh Medicine testimonial from 1886 with notary seal.
Meadowsville Kentucky resident Cynthia Higgintotham aged 65 testifies that her digestion and liver function improved after using Black Draught. The ad promotes Thedford’s Black-Draught as a long standing household remedy for constipation indigestion and lazy liver with a suggested price of 25 cents per dose.
A local dental practice in Boone North Carolina announces a new successor to Dr E Glenn Salmons. The unnamed successor takes over patient care and office operations at the long established clinic.
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