Currency Law Effects on Local Banks in La Porte City
A. Van Valkenburg explains that most national banks join the federal reserve system only under compulsion and few state banks will enter. The new currency act offers little benefit to small city banks beyond allowing limited farm mortgage lending, and it diverts 12 percent of capital to reserve stock. He questions how the act will strengthen national banks and notes potential relief from past harassment, while highlighting mixed advantages for local lenders.
MENTIONED IN THIS ARTICLE
A. van Valkenburg
la Porte City
Federal Reserve System
Chicago
Illinois
Federal Reserve Bank
United States
Iowa
Reserve Bank
National Bank
Banking myths and public faith in government backing
A column debunks the belief that national banks are government backed and depositors are safe. It argues no such guaranty exists and notes past bank failures. It also predicts more money in circulation through tighter supervision and banking law changes, while praising La Porte City banks as sound. It also reports on a Senate-House push for $500,000 for hog cholera and $100,000 for cholin horse disease, with yearly losses pegged at $70,000,000.
MENTIONED IN THIS ARTICLE
Washington, D. C
Congress
Lever
House Committee On Agriculture
Senate
La Grippe Coughs Cited. Foley’s Honey and Tar Praised
Advertisement notes la grippe leaves victims prostrate with lingering lung weakness and persistent coughs. It credits Foley is Honey and Tar for quick relief in severe grippe coughs, citing F G Prevo of Bedford Indiana who claims full recovery and normal weight after use. Sold by all druggists everywhere.
MENTIONED IN THIS ARTICLE
Foley
F. G. Prevo
Bedford
Ind
Japan’s Mountain Land Yields Sparse Cultivation
Japan possesses vast mountain terrain with roughly one sixth of total land area under cultivation. This limited arable portion shapes rural economy and settlement patterns, leaving most hillsides forested or untapped for farming.
MENTIONED IN THIS ARTICLE
Japan
Bachelor Maids host valentine party in LaPorte
LaPorte Daily Bulletin reports a Valentine party hosted by Miss Florence Beal with Miss Pauline Anderson and several out of town guests attending. A four course dinner, contests with a heart target and a prosposal game provided entertainment. Mrs. John Lehman celebrated a birthday with friends and gifts. The Lotus club met, and notes from visitors in Waterloo and Cedar Falls appear.
MENTIONED IN THIS ARTICLE
la Porte City
Florence Beal
Pauline Anderson
Henry Iblings
Cedar Falls
Horace Maynard
Howard Wilson
Ray Knoggle
Waterloo
Katie Moon
Vinton
Zell Moon
L. J. Tutt
Chicago
Tutt
Longaker Sisters
Miss Beal
Walnut
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Omething
Rel
la Grippe
Alifornia
California
Grand Canyon
Arizona
Kansas City
Samuel Larimer
7Th St
Des Moines
San Francisco
San Diego
LaPorte Daily Bulletin
John Lehman
Taki
Abel Ayvers
Chas
Copenhagen
Gerts Piano
Mme
Julia Rive-King
L. E. Drake
The
Bush & Gerts
Randolph Street
Valentines
James L. Henderson
Bridge Street
Fante
Evening Courier
Waterloo Evening Courier
Inijon
Watt Mason
Beni Te Aper
Mt. Mord Syndicates., Inc