davidaulloa/AmericanStories huggingface dataset:
The Glenwood post., 1923-12-27

attention strictly to merchandising
and avoid the risk of loss which they
now assume. Bankers would also prof.
It, due to the resulting improvement
in farmers financial condition and the
Increased business which these Farm
ers would give the banks"
A Matter Of Habit
Discussing the question as to why
farmers rely on store instead Of bank
credit. the report says that many do
so out OF habit and do not realize how
high the cost Of the store credit Is.
There are others. however. who
cannot obtain credit from banks" 1t
goes on. "This is often due to the
fact that no contact has been estab'
lished and the farmers credit rating
has not been determined. Banks pre-
fer character and general business
ability over any tangible security in
making loans. A REPUTATION FOR
THRIFT. INDUSTRY AND RELIA.
BILITY is THE BEST POSSIBLE
ASSET FOR A MAN WANTING
CREDIT.
"The first step in giving farmers
better credit is to build up better con
facts. This will require cooperation
Of county agents. farm organizations
and the bankers themselves. But the
banks cannot do It all. Effort toward
a better acquaintance is necessary on
the part of farmers. Frankness re-
garding their business affairs IL es-
sential"
The large part credit cost plays In
agricultural conditions is pointed out
by the departments report. which says
The Glenwood post., 1923-12-27
TRUTH WILL SURVIVE

often worry ueessy about public Some questions
that the divided into
against middle ground Such
regard to slavery.
questions, however subjected
much and debate that the people confused few
definite convictions these questions
while the public decide from the evidence what
right. The liquor question the air speak because
the people thus confused The dys worried because the
of the Eventually majority of the
pie of the world will truthful understanding of this
great question.
All that and worthy in socialism, communism in the
political and religious creeds will live. Nothing
from living All that false unworthy in human
thought and effort will eventually fall off clothes that
discarded
political 'cranks is that they impatient They
They that civilization is still making They
that eforme all through the have been working spread
truth multudes
they be the truth There shades of truth there
shades of color degrees of heat volumes of sound qualities of light
differences in weight Truth not fixed standard of exacness
Truth proved and accepted axiom of life that has been tested
by time lived for and become
thinking and living
Anyone with theory has job getting before the
accepted truth There discoveries
venons but few theories of religion
the germ theories
tried and forgotten all through the of Patient cultivation
will the truth Overanxey will notSuccesul Farming
The Glenwood post., 1923-12-27
MAKING MOUNTAINS OUT OF MoLEHnLs

Taking trivial local in of The Post in
ton with because the printing of the de-
nqunt couple of competitors made this unoffendns
liberal amount of criticism against this paper
very much and indicates that the fe
lows are real peeved about something.
refers mad and then tells how
he offered to do delinquent list much less than the legal
rae saving to the taxpayers of the county, etc. etc.
told half the truth He neglected to say that
years fairly haunted the county commissioners urging
them award printing delinquent list AT LEGAL
RATES. and that only after he knew he would not get the
job the commissioners told him plainly that he could
not consideration because of his former rotten
of the board and ovecharge that he maze an oer "
the legal rate.
given and for several weeks during
which publisher the hospital and unable to
ply this geneman neghbo abused and berated the county
the work abused The Post for taking
make the people believe that great robbery had
been committed.
Of course was pure political camoufage
whip line and make them eat out of his hand
didn't work and the people very
had his number.
for printing reasonable much
many and the printer who does the work
at legal deserves and the fe
low practices underhanded policy doesn't make
hit that he thinks he will make but finds the end that he has
"cut off his to spite his face
critics intent saving the people as they
believe they why is it that they charge
public full for printing trustees sale notices
the sheriff legal for his foreclosures notices.
Why they be fair that they charge legal for
the shooby tactics of crying obber at
it? Mind you
do object legal which is much
the commercial but consistency and fairness should
place in all these transactions and these elements
critics thus far been woefully lacking.
commissioners simply exercised their right
should printed refused buid
whipped doing something they didn't do We have
times made reasonable
hoier thou tactics little
all professional propeties fall flat
with when they learn the facts People who live in
should in throwing
The Glenwood post., 1923-12-27
THE FRIEND IN NEED
tFrom the Nations Business)

(From the Nations Business)
Some there are who still think the
banker wears horns Who Ii the
hardboiled citizen. the man behind
the thumb-screw? The banker, they
will tell you In the light of this IL
fusion. consider brief excerpt from
the resolutions adopted at the recent
Atlantic City convention OF the
American Bankers Association
THE conclusion is inevitably forced
op the i'm mpartial observer that the pri'
mary need of the world is moral and
spiritual regeneration as the essential
basis for economic recovery. Until
this nations of the world are willing
to liqudate Their hates they can
make little progress toward liquidat'
Ing their debts"
Hard boiled? Not thatl 1t harks
back to Socrates 1.-The true politics..
he said. sis first of all politics Of
the soul"
Come to thiLk of 1t. when we want
someone to take care Of our funds. to
whom do we turn? To the banker.
When we are in tight place and
need funds, to whom do we turn? To
tho banker. When there's a civic en-
terprise afoot. whose time and money
do we commander frstf The
banker's-
The Glenwood post., 1923-12-27

North Carolina farmers contract debts
amounting to more than 100000 900
annually, and therefore a difference OF
only l per cent in the average inter
est rate would affect the net income
from agriculture there approximately
t2.OOO.O0O each year. More than half
the farmers in the areas Investigated
relied on merchandise advances. and
the total merchant credit was nearly
three times the short-term bank
credit
High Interest Rates
1.-THE average interest rate charged
for merchant credit was 22.3 per cent"
the survey reveals. Credit from 10
cal stores was the most expensive.
costing an average of 26.6 per cent.
Landlords came next in order, with a
rate of 21.5 per cent. Factories and
their agents are much lower. with
rates of 14.2 and 40 per cent respec-
lively.
Fertilizer and living expenses are
the chief purposes for which merchant
credit is extended. Stores apparently
handle more of such business thar
all other agencies combined, while
banks carry less than one-sixth Of the
total. That the farmers fail to obtain
needed short-term credit direct from
banks constitutes handicap to agri-
culture in North Carolina. since the
rate on such loans is materially low
er than on short-term loans from all
other sources"
The Glenwood post., 1923-12-27

A POST wANTAD WILL GET 1T.
The Glenwood post., 1923-12-27

in what manner. Our own Debt Fund.
ing Commission should recommend to
Congress whatever readjustment, II
any. of the Inter-Allied Debt may %
warranted.
THESE SUGGESTIONS AhH
PURELY FOR FACT-FINDING AND
ADVISORY PURPOSES-FOR GET
TING DOWN TO THE REALITIES
OF THE CASE. Precisely what our
action should be. to serve the common
interest, will be determined by infor-
nation which at this time is not avail
able Our first step is to secure the
information and our duty is to follow
develop nents intelligently.
The Glenwood post., 1923-12-27

COuIbSs lOA SAo
United States to isolate itself. we
can produce everything necessary to
sustain life. Mere existence. how
ever. is not the purpose Of life. we
cannot prosper as we have unless we
dispose of the surplus products which
naturally accumulate, both agricul-
tural and Industrial We must either
sell this surplus abroad or curtail our
production and generally lower our
standard of living.
Our foreign trade depends upon the
purchasing power of foreign coun-
tries. Europe's inability to buy has
impaired our ability to sell. We have
an interest in Europe's prosperity. To
protect that interest we must be con-
cerned in the restoration of our
debtors capacity to trade with US and
to meet their obligations. We should
deal with this subject exactly as
banker deals with loan Of doubtful
value.
Get the Facts
The United States should have q rep
resentative with official standing In
the Reparations Commission. We
should not necessarily be bound by
any agreement which may be propos-
ed, but our representative should
gather all information available. The
United States Government, Of Its own
motion and based on its own informa.
ton. should then decide whether 1t
should consider the readjustment OF
its accounts with Europe. and. II so.
The Glenwood post., 1923-12-27
Fourteen Miles In Nine Years.

Augusta Baldenweck, a merchant OF
Colmar Germany was in Metzeval on
August 5, 1914, and from there mailed
a postcard to friend, Paul Hatz, ON
Ger of the One Hundred and Seventy
first regiment of infantry at Munster,
a small town near Colmar. The card
never reached its destination, but on
July Z of this year it was returned to
the sender in Colmar, thus taking nine
wears to travel IA miles. The distance
from Metzeval to Munster is about
three miles, and from Munster to Col
mar it is IL miles.
The Glenwood post., 1923-12-27
WASTING Pencils.

With twice the population Of the
United States, Europe uses only half
as many pencils year. This is the
statement of Lothar w. Faber, one Of
the leading pencil makers Of the
world. Why should the American use
four times as many pencils as the
European? Mr.. Faber says the prime
reason Is waste. The American
throws away a pencil when it is only
half used. He cuts off lot OF it In
unnecessary sharpening. He Is
thoughtless, careless. The European
holds on to the pencil to the last frac-
ton of wood and lead.
The Glenwood post., 1923-12-27
FARMERS PAYING
EXCESSIVE RATES
Spend Millions Needlessly for In
terest on Store Credit, Says
Department of Agriculture.
BANK RATES THE LOWEST
Department Urges Thrift, Industry
and Reliability on Farmers to
Win Credit standIng-sank.
srs Asked to Help.

Tho cost to farmers Of credit from
stores Is more than 25 per cent when
calculated on the basis of yearly In
terest rate, while banks charge little
more than 8 per cent. says the official
report of the Department OF. Agricul-
ture on Its recent survey Of farm
credit in North Carolina.
Farmers would profit greatly u
they could place themselves in posi-
tion to borrow from banks and pay
their bills with cash." the report con
tinues. Merchants would be bene.
Ated. since they could then give their
The Glenwood post., 1923-12-27

States from for
Gig n g ov . r n
ments. That 10
tho possibility
that such action
would aid in re-
establishing a for
eign m a r K 9 I
which will absorb
our surplus prod.
ucts.
1t is possible, OF
aorron Tor thA
The Glenwood post., 1923-12-27
KEEPING THE FAITH

True the principles laid down by the founders of the nation
after lapse of century Secretary of State Hughes speaking for
party power American people that the
will permit this become involved in the European
tangle
The policy outlined Washington and reaffmed hundred
by President Mnoehe policy which the Republican
party swept power 192Ow be continued In his Phil
speech that the admins
aon would devae the slightest in its determination to save
the American people from the which beset Europe
We refuse ourselves in advance with to the
employment power United States unknown conn
We judgment to act occasion sense
of duty permits
Secretary Hughes the of
administration policy Ready all times to assist Europe but
European quarres Secretary
declares that the national administration still holds to the
although the nation be affected nuri
that in Europe the nation had
bear those ills than suffer the greater evils which would fol-
low the sacrifice of our Independent position"
The speech of Secretary Hughes declaration of nde
penence Europe from European braws The people of
Colorado and of the nation assured that the national
will permit this country become for selfish Euro
pean nations The national administration has kept the faith
BALANCED farming like balanced tons subject that is
demanding great of attention these days. and the truth is
being that the hope for
he gives Too variety
desirable but diversity is essential and this diversity
character based intelligent
which has taught will bring desirable results We
constantly proving that wheat potatoes and alfalfa are not
but portions of Garfield country hogs dairy COWS
nd sugar be combination with excellent
Apparently bees have this the best money
the farmer has tried and The Post hopes to
much large acreage of this crop next year
ALTHOUGH Senator johnson of California the country
is the ring and Governor Pinchot of Pennsylvania
that he would look askance presdentla
indications the nomination of President
Coolidge with little opposton-perhaps by acamaton
People don't great fellow Calvin Coolidge
they finding that whenever he his mouth
the typewriter keys he something and that something ring
true to form Keep Coolidge, boys
The Glenwood post., 1923-12-27
REAL|TIES--AND THE
ALLIED Debt PROBLEM
BY WALTER W. HEAD.
President, American Bankers Asso-
olatlon.

As a business proposition there 10
just one reason for considering re-
casting Of the balances due the United
The Glenwood post., 1923-12-27
WHY BANK S.?
LESSON II


Why banks,-simply to
- money stockholders, because banks
M needed BY the pubic' What is bank7 Text books
a IA say, "a bank quasipubic corporation char
by Nation, to receive deposits and
.#E2 | make loans"
~ IA STOCKHOLDERS
| T3A QUASIPUBLIC seni-pubhc,-that il, owned by
| AAS& private stockholders, but
lated by that
H. puelIeher the depostors' money is safely
STATE BANK CHARTER privilege right do bank
ing business under supervision Of the
State Banking Commissioner.
NATIONAL RANK business under
vision of the Federal Comp
troller Of Currency
government OF examiners at least
year., bank without notice, to count
its scashex its loans, bonds and mortgages,
and dseef its books correct
Banks can do only their charters No bust
ness closely and regulated b. State Nation
simply to make money for stock
holders the needs OF the people and
are held to hat purpose by government supervision
The Glenwood post., 1923-12-27
Tried 1t on the Wife.

The other day Jones heard good
conundrum and decided to try 1t on
his wife.
"Do you know why l am like
muleY' he asked her when he arrived
home.
His wife did not stop to think.
NO" she replied, promptly. II
know you are, but 1 don't know why
you are
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
$4,000 JObless in Series of Dis
orders in Various Parts of
City-Police Use Bayonets
To Quell Crowd -- Demon
strators Demand Bonus Ten
Billion Marks for Each of
Unemployed

Berlin. Oct. 16.-(By The \. pD-
The food riots which have been going
On In greater Berlin for the past ten
days eliminated this morning and
this afternoon in serious outbreaks in
the heart of the city. Mobs estimated
to aggregate 10000 unemployed, ae-
companied by women and youths, be-
sieged the town hall in the heart of
the eastern section of the capitol, and
the rioting which followed continued
internationally for four hours and was
quelled only after police reinforce
ments used their bayonets and fired
volleys to awe the crowds.
The immediate provocation for to-
days outbreak was the abolition of
the official bread card. This resulted
in a sudden rise in the price of the
four and a half pound loaf to 1885,
G00,00 marks, or about Il cents, as
compared with Mondays price of &c.
100000 marks. which was effective
while the bread cards still were valid
The police report that five demon
strators were seriously wounded and
a score slightly wounded during the
disorders. One of the wounded in the
rioting near the town hall died this
afternoon. Some reports estimate
that twenty persons were wounded
when the police fired into the crowds
a bonus of ten billion marks for
each of the unemployed. free fuel
Continued on Page fool. g.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
Call Hundreds Of
Witnesses in Case
Khan i'm Indiana

Indianapolis, Ind. Oct. 16-Sub-
pocnas calling for the appearance in
federal court here October "a, of sew
eral hundred persons, including
state and county officials, members of
the judiciary and political leaders of
both major parties as witnesses in
the injunction suit brought in be-
half of six South Bend citizens
against the ku klux klan, were is
sued today by William Kappes. clerk
of the court. The list of witnesses
was Submitted by Joseph Roach. who
with Patrick O'Donnell. president Of
the american Unity League, brought
the action for the South Bend resi-
dents, who seek to have their names
removed from lists of Klansmen
Among the persons for whom sub
poenas were issued are Ed Jackson,
secretary of state; Ora Davis, state
treasurer: Newman T. Miller. state
fire marshal: and Lawrence Lyons,
former Republican state chairman,
and other prominent men.
The original suit. among other
charges. alleged the members of the
Khan are engaged in a conspiracy to
| form a super government to gain
control of the Judiciary and the adj
ministration of justice and that the
klansmen are CndeaVoring to gain
control Of the army and militia and
were influencing members of the
army board of inquiry called to look
into uses of government property by
the Khan.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
10000 mo" MARGIN IN REJECTION
48.H0URLAW WOMEN, MINORS
AUT0CRACY WAVE Threatens
WORLD, BELIEF LLOYD GEORGE
A NJ ER|CANS At
HEAD RUM-RUNNING
CANADIANS CLAIM

Toronto. Ont, Oct. 16.-Americans
are directing virtually the entire Ca
nadian-American rum running indus
try. according to statement by Gen.
eral V. A. s. Williams. commissioner
of the Ontario provincial police. ap-
pcarihg today in the Toronto Evening
Telegram in refutation of the charge
that Canadian bootleggers were keep
ing the United States moist.
They're practically all Americans"
said General Williams. IF had con-
troll of policing the highways of the
province, ! would seize six or seven
American automobiles every Jay, en-
gagged in this trade. As il is. we
caught four New York state autos Just
recently engaged in rum running.
LAS for the boat trade. / have seen
with my own eyes the situation at the
Windsor border | have seen Detroit
owned launches come over to our side,
land at Petite Cote. load up with liquor,
and beer, and so back to their home
city.
Il am told that American officials
do not want to stop this trade. If
they do want to, why on earth don't
they do it?
The business is managed. operated,
and financed by their own citizens,
who use motorboats and automobiles
of United States ownership. Surely
they should have some responsibility
in controlling the situation" r.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
Water in North Canad-
: ian River Reaches
! Height of IS Feet
Many of Stree t S
Flooded 1000 PeO-
ple Homeless Fear
9th ers Have Per-
ished-Break in City
Reservoir S tart e d
Flood

Oklahoma City. Oct Icy a. PD-
virtually isolated by the greatest flood
in its history. Oklahoma City tonight
sheltered her little army of refu-
gees and waited for the muddy, tur-
bulent expanse Of the North Cana
dian river to recede and reveal the
damage it had wrought.
The total damage is placed at ST.
100000 in the preliminary estimates
OF city officials.
Although the river had fallen ap-
proximatelv two feet from the 35
foot crest that swept down on the
city early this morning. the swift
waters were still swirling through
streets heretofore considered i'm
mune.
More than 1000 of the $4,000 per-
sons VINO fed before the flood still
we're homeless tonight. They are
chartered in halls and churches. The
remainder of the host had returned
to their homes.
The known dead list stood at two.
but citv officials and members of
rescue crews declared it probably
would be c,cater.
The dead are Mrs. r. H. Loose and
her daughter. Clara. years old, who
we're drowned when a boat in which
they attempted to gain land, after
Continued on Page 3-Col. ~
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
FLOOD RECEED|NC IN OKLAHOMA CITY
Two DEAD; $2,500,0O0 PROPERTY DAMAGE
FOOD RIOTS INCREASE
WHEN BREAD CARDS WITHDRAWN
COOLIDGE PREPARES
FOR CONFERENCE WITH
GOVERNORS SATURDAY

Washington. Oct. 16-Preparatory
to the governors law enforcement
conference to be held Saturday at
the White House, President Coolidge
called into conference today Secre-
tary Mellon and assistant secretary
Moss of the Treasury and Commits
sioner Blair of the Internal Revenue
Bureau. and spent more than half an
hour with them in discussion of pro-
hibition enforcement problems.
Beyond the statement that the
program for the conference was dis
cussed, none of those who saw the
President would comment on the
meeting and it was not disclosed
whether one of the subjects consid-
cred was the declaration made by
Governor Pinchot, of Pennsylvania
at the recent citizenship conference
here that prohibition enforcement
should be personally directed by the
President.
Secretary Mellon is known to re-
gard the Pennsylvania governors
proposal as impracticable and I'M
workable. Inquiry at the White
House today brought forth the state
nient that Mr.. Coolidge had not con-
sidered any suggestion relative to the
supervision of prohibition enforce
ment except the recommendation
made by Walter r. Brown. chairman
of the joint congressional commits
sion on departmental reorganization.
that the prohibition unit be transfer
red from the Treasury department to
the Department of Justice.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-10-17
Odd Fellows and
Rebekahs Elect at
Grand Encampment

Portland. Me-, Oct. ia recon-
mendation that admission fees to all
branches of the Independent Order OF
Odd Fellows be increased was made
by Grand Patriarch EllCry L. Blan-
chard of this city at the annual Ses-
sion of the Grand Encampment to-
day.
He also recommended that sessions
of the encampment be held in May or
June, rather than so late in the year.
and proposed that they be held in
conjunction with the field day of the
Patriarchs Militant.
He said he never had been able to
learn why the sessions of the Odd
Fellows bodies have been held in
October. THE reports for the year
are all in Jan. 20. and to wait so long
before they come out seems absurd
TO me. l knew of no other jurisdic-
ton Where the sessions are held so
Late he said.
a membership gain of 45S for last
year was reported at the annual ses-
sion of the Rebekah Assembly of
Name.
Elections today resulted in the
selection of Margaret l.. Peabody of
Richmond as president of the Re-
bekah Assembly of Maine. Henry
NJ. Smith of Bar Harbor to he Grand
Patriarch of the Grand Encampment
|. O. o. +. of Maine. and the Rev.
Ashley y. Smith of Bangor as presi-
dent of the Past Grand Representa-
tiVcS' Association of MaiEC.