The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1933-12-28
Depression at Bottom as State
Bank Closed February g.;
Holiday Followed

thumbs back through Gazette files to
compile the annual summary of high
lights in the history Of Redwood and
nearby counties. Once again he finds
an interesting year perhaps the
most interesting in history although
undoubtedly not the happiest.
Economic conditions and the efforts
to restore general prosperity have
been the "big story of the year," a
story with many chapters and one that
is still to be concluded, perhaps in 1884
1t is story of interest to every cit
izen-one of rebuilding from fallen
standards by the trial and error
nlethod-a puzzle being fitted togeth-
er piece by piece by experts while
some look on amazed at their skill
and others yell for greater speed.
The depression was most felt in
Redwood Falls the morning of Febru-
airy 6 when the State Bank and Trust
company failed to open. Below zero
weather and cutting wind added to
the gloom that day. By March the
national bank holiday was accepted as
a matter of course, an experience far
more interesting and less gloomy
than the one of month before.
Then swift action by the new adj
ministration caught the fancy of all.
With banks reopening almost every
where, business started upstream in
late March and most firms enjoyed
# hair host crpoy,,o, in roooynt xaorc
The market for farm products was on
the upgrade most of the summer,
bringing new money into hard-press-
ed community. Part of the improved
price has been attributed to specula-
ton and was lost in the late summer
although markets are still we'll above
the level of year ago in almost
everything except livestock.
From week to week in the follow
ing review, one can trace the efforts
made by the administration to bring
the nation out of the valley. Many
steps have already been taken while
others started, are still to be complet-
ed. Perhaps the entire story we are
speaking of reached a climax late in
November when 100000 men receiv-
ed the news that jobs are forthcom-
ing. Redwood county put its quota on
the payroll doing useful work in rec
ord time.
The normal number of accidents
occurred through the year taking the
lives of several persons, in most cases
youths or children. Many hardy pio-
neers known and revered throughout
the county completed their lives on
earth.
The city's outstanding accomplish
nlent of the year was the decision to
improve its sewage system. A new
church and two new gas stations as
well as other business improvements
gave employment and added to the
beauty of the city.
In the face of failure of city scrip
money to accomplish the purpose for
which it was intended, the Kolbet
Dairy performed the outstanding
service to the community by issuing
scrip of different nature which help
ed greatly in keeping business alive
and preventing privation during the
bank holiday.
Even in busy year of partial re-
covery, Redwood Falls found time for
sports and enjoyed watching a polish
ed high school basketball team win the
district championship and rapidly
improved grid eleven hold Glencoe to
a scoreless tie and defeat Montevideo.
Professional sport events included the
return of boxing, basketball tourna-
of the Minneapolis Millers. Ted Bal
ko again demonstrated his superiority
among state huskers and placed fifth
in the national meet.
December 20, 1882
One hundred ninety-four school
alumni renewed acquaintance at ban
quet.
D. w. Buckley was injured in car
accident on a slippery road.
Mr.. and Mrs. G. A. Wright observ-
ed their golden wedding.
j. j. I11any, early resident, Durled
after rites here.
The Cardinal cagers lost 81 to Is
at Marshall.
The 1882 weather set heat and cold
records.
January 5, 1888
R. v. Ochs elected Red Cross presi-
dent.
Thorp gets second term as mayor,
Knutson and Patton elected to city
council after spirited campaign.
John Arends reelected chairman of
county board, savings made in ex-
penses.
Postoffice reported business suffi-
cient for second class office despite
off year.
January IL, 1888
The new city council got down to
serious business, making savings of
$1,795, mostly in salaries, at first