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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Whitewright Sun
Location
Whitewright, Texas, United States of America
Date
Jun 23, 1932
Page
2
The new revenue law, aimed at balancing the national budget, is now in effect except for boat use tax and postage increases. It details income and surtax structures, corporation and excise taxes, tariffs, and stamp taxes, with totals approaching $178 million in revenue plus additional items.
The report details money in circulation for the month, citing $5,479,288,334 total with $43.85 per person as average cash per resident. It compares this to last year’s $4,702,275,432 and $37.92 per capita, noting a 9 cent per person increase.
Dallas man E. C. Oliver reports that cotton twine can beat imported twine on cost per foot. He estimates Texas usage, notes 160000 pounds of imports yearly in one North Texas city, and urges Texas mills to add twine equipment to boost southern supply and reduce footage costs.
The Chicago platform endorses Hoover era programs, public works and relief, gold standard retention, banking reform, veteran benefits, tariff protection for farms and resources, and labor protections. It backs international cooperation, world court entry, navy parity, prohibition, civil service, and state cooperation in roads and law enforcement while pledging equal rights and welfare measures across groups.
The text on Thomas Jeffersons Monticello tombstone proclaims him author of the Declaration of Independence and the Virginia religious freedom statute and founder of the University of Virginia.
The article explains bank deposits extend credit and allow loans, turning a single dollar into multiple dollars of activity. It cites a five dollar coin circulating and generating about twenty dollars in business, illustrating money turnover and the power of bank created credit.
One by one the great New York hotels fall to receivers as bankruptcies hit. Promoters fueled a hotel boom during a housing craze, drawing credulous investors into second mortgage bonds while rates plummet. A buyer offered $250 a month for a four room suite once valued at $12,000 yearly.
D. J. Moran of the Continental Oil Company predicts a new federal gasoline tax will curb consumption and spur bootlegging. Moran, from Ponca City Oklahoma, notes improving business overall but the oil industry shows no major changes as gasoline use declines for the first time. Summer travel could offset the drop.
Wild ostriches can reach 50 or 60 miles an hour in short bursts. Ostrich hunters report easy capture as birds tend to run in circles and can be overtaken by horses.
Dayton B Steed seeks the Democratic nomination for District Judge of the 15th Judicial District in Grayson County for the July primary. He pledges economy, courteous service, and faithful public trust, asking voters to support him and share recommendations.
LA SALLE Illinois a surgical operation restored sight to Louis Cruz a five year old boy who had lost vision in one eye two years earlier after being struck by a can opener the new pupil technique allowed him to see again.
Miss Bates of Beech Iowa claims Kruschen Salts helped her lose 75 pounds after five months spending 4.25 dollars. The ad promotes a daily half teaspoon dose in hot water before breakfast with reduced fatty foods and promises safe weight loss and health benefits.
J B Benton Davis announces his candidacy for Gray Son County sheriff citing constitutional procedures and voter accountability. He emphasizes serving as a citizen with close ties to the people, pledging to canvass the county and work with residents to enforce the law.
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