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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
May 08, 1926
Page
19
A Waterloo Evening Courier piece argues that by 1920 most farms still had little or no plumbing, but describes the benefits of sanitary, durable, and affordable plumbing. It notes wide gaps in adoption and calls for simplified codes and unified standards to boost farm living.
Volume from Washington shows construction costs and contract awards rising through early 1926 with March and February data signaling strong activity. Installment plans and consumer debt loom as potential economic and political risks, tied to wages, prices, and possible market tightening.
An article by Michael G. Uaindy examines the laborer's view on installment buying, arguing that the burden falls on workers and families. It highlights that governments issue long bond-financed road projects as installment plans, often lasting beyond the asset's useful life and stretching repayment far into the future.
A discussion on installment buying flags rising chattel mortgages in Cincinnati and Hamilton County amid growing taxation and debt. Bankers and labor leaders warn of an invisible mortgage on families as auto and household goods are bought on time plans, highlighting Ford purchases and widening credit usage as a national concern.
A 28 story medical arts office building is planned at Wabash and Lake in Chicago to serve Waterloo doctors and dentists visiting the city. The Chicago Medical Arts club will own and operate the facility, with nonresident members from across the country. It will feature fiveproof construction and full utilities including compressed air alternating current gas and hot and cold water.
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