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Newspaper Archive of
The Lone Tree Reporter
Lone Tree, Iowa
January 4, 1933     The Lone Tree Reporter
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January 4, 1933
 
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>L E / PAG TWO The tone Tree Reporter ONE TREE, IOWA $1.50 a Year In Advance Entered at the Lone Tree Post Office as Second Class Matter Official Paper in Johnson County E. C. GREEN, Publisher. INSURED DEPOSITS The news that both of Lone Tree's banks have been ap- proved for the new government deposit instrrmlce will be wel- come to eye,Tone in the community as indicating that both institutions are ill excellent conditiun at the present time, as indicated by the certificates of approval sent them by the government. The new federal insurauce on bank deposits in approved institutions opens a new era of security for the bank depositor. Under the new arrangement, net deposits up to $2,500 for the individual are guaranteed by the Federal Deposit Insurance Corporation, to which all participating banks contribute. Similar plans have been tried before in individual states, with varying- degrees of success, but never before on such a nation- wide scale, :ith the federal government behind the plan. There is no question but that a considerable portion of the American public had lost much of their confidence in banks as a place to deposit their surplus farads, and for this the pub- lic can hardly be blamed, although it is questionable whether the loss in banks was much greater than it would have been had the same money been put in other types of investmeut. Be this as it may, there is little question tlmt within the past year or so much money has been hoarded or otherwise with- drawn from its normal channels of circulation, with an addi- tional depressing effect on an economic sittmtion that was already bad enough. This situation the new deposit guaranty shouId correct to a large extent. There can now be no incentive for the fearful to hoard currency and other forms of money, tIz the guaranty of the federal govermnent protecting the bank de- positor, This money should come out of its hiding places soon and do its part in restoring business and credit activity, th beneficial effects to everyone. The ldtimafe effects of the new plan should be great. What Other Papers 1 Have To Say ?In all probability the rank and file of Iowa farmers will join in the corn hog program of forcing a reduction of acreage and the control of market- able swine. It's a great idea and small boy. Now we lve learned y can fix a processing tax on pork but you can't make the 4.c.ker pay. A BRIGHTER 1934 AHEAD Sac Sun: The .Sac San honestly-b liewes that for the first: time in several. years we cam approach New Year's Day with a feeling of confidence that the coming year will be better thaR I the one jtlst closing. ! Furthermore, this Republican news- should be supported unreservedly, paper is willing to ,co-cede that the Government is trying to help agricul- ture, but it needs cooperationS, 0 fun€- brighter prospec:, are due almost entirely to the gradual unfolding of ion. Lrhe farmer will be coflelled tte Nw Deal as it: is now beitg egr-. to ue his head on land conservation, iris d forward by President Roosevelt. 7He can take an,y pece of ground about I Not until recent months has Iowa he farm out of product%n, so he best :retired any material ;impovemmt. attempt to build up the poorast part This brighter day- dawned with the of his hldngs. There is ground ;naug:n'at!on of the program of ag- where an erosion program is advisable icultural aid which is now being Corn land needs to be put to legumes. [ l:ushed with all: pebble speed and In other words this is a great oppor- ,Ior. tunity to make a better farm and he paid while d:,ng it. Le'. us hope a%o, Tim effects of this program are itmt out of this cooperative move just beginning to percolate into th thre ..v;ll rise Ul; farmers as lesder chnItels of trade. Christmas business who wtl sonsor workable assoca- was no= benefitted by the corn loans lions which will reflect beneXs to all es much as one might think. Some- members. It can be done--the idea body seems to have picked the week it, -ill it be done?Winfield Beacon cr two before Christmas as a 0ime for I a new tow market on hogs, poultry avd ADAGE VEHIFIED i eggs. That certainly was depressing to the farmer and the farm wife. It Primghar Bell: "You can lead a rcsff, lted in a little more cautious horse to water but you can't make him Christmas buying than would hav drtvk," was taltght us when we were a been the case had the price of the LONE TREE REPORTER, LONE TREE, IOW THURSDAY, All-American 1, title and Interest of the above n named Defendant, i ad to O,e abov Front Page Eleven ,o, the sum of Forty-five Now that it seems to be the sea-" son to pick All-America, football el- evens, why not have an All-American front page eleven? Lindbergh, end--Foremost wingm of the country, especially good in an aerial game. Sally Rand. end Hard to srt, can outstrip anyole offensively. 'hnull, tackle--A powerf]zl pD.yer, supported the entire Chicago Grand Opera for a year, wasn't stopped by the whole Atlantic coast. W'ill Rogers. tackle%ith WfII ill bhere as tackle, what a line, what a Ene. John Barleycorn, gUd StarLl the seacon slow. but had the oppcai- tion grrgy as the seasom ended. Watcl trim next year, he'll havff them stag-- gering. Hitler, guardSmall but mighty, riddled" the Jewish defense 'd threw them [or great Iosses, held the Hind- enburg line. Roossevelt. cap.In and cener , JANUARY 4, 1J montns In l'-t tey eeta D out all coin from eirculati bearing the phrase "sub shinplaster," were issued dearth of currency, by 1 important produ, ct,s been more s,rc- factory. But the most encourag, n :eataze of 1934 is the attitude of" the admi:t- mtration toward agTicultur. "If We cannot raise prices one way, we shaR do it another, but do it.we will," said- The PreSident. A different currenc£ may have a great deal to do with it.. If there is any way proslrity can be rtured to the rural districts,, it will be done. And who is there to: ay that it is impossible to find the soluttm of this problem? Not only the farmers, but the lab- orers and the business and profes- sional men certaizfly should get their shae of these better times i 1934. Certainly no one has been ht harder In recent years than the country mer- chant. Today he is still more or less "in the dumps" because relief thru corn loans, etc.. is going to be a IIXie slower reaching him than it wll be the farmer to whom it is given direct. t-,e the country merch.d and lawyer and banker and newspaper man are hopeful and confident th 1934 wilt be a brighter year than azlY since 192. 13een, passing them back accurately al) .sason, exceptionally busy plug- ging holes in the line on defense. New Deal. quarter--His first sea- son of play. but the talk of tbe enUre country. Very, very tricky, keeping his teammates as well as opposition guessing on what to expect next. Huey Lo:g, half--Not so good on the defense, but has no equal offen- sively. We put him in at the left half, but it might be btter if he were left off. Johnscn. half--A hard fighting scrappy player, stopped only by Ford. He will also do the kicDing, he has bee booting them pretty consistent- ly. AI Capons. full back--Played his best game in Chicago where he side- stepped the Chicago poIce force for mny good gains and is PlaYing a very cagey game fn Atlanta, Georgia, af present. W..eather Y0recast would have re- ceived a plac on the [eam if he had- n't 5een so static at imes. SH ER,LFF'S SALE The State of Iowa, Johnson Coumty IN, THE DISTRICT COURT O1F JOHNSON COUNTY, IOWA I.OTk TOWNSLEY, Plaintiff., V EDGAR- JOHNSTON, Defendant By virtu of n FecttEon on Cen feion to mm directecl, issued out of the office of" the Clerk of the District Comrt of Johnson CoUmty, Iowa, in favwr of Leottt Tovenle and against Edgr Johnston o a judgment ren- dere by said" court at the November Term thereof..L D., 1933. against the said" P, dgar JohnSon I hae levied the following property, to-wit: The undiv- ided r4142 of th following described real etate tuael in J0hnon County, Iowa, l-wit: The South Half (S) of the-Southeast Quarter (E) of  Section Twentyefght (25), except commenng at t4ie southeast corner- of said South Half f Southeast Quar- ter, :umIng thence North sixteen (16) rod, thence West ten (I0) rods, thence S-otrth sxteetr (16) rods, thence East teu" fI0) rods tel place offbegtnn- ing; also the South Half (S½} of the Changing eondions tn rural news- Southwest Quarter (fW]) of-Section papering, makes the publisher wan-Twentv.seve n #27- all in Townnhin' der son, times where e is going. Al] Seventy.seven " (7'7) North, Range sources @£ income have dmnishe4 " " o '. ' ]Five (5), West of the  Fifth P. 1W. and n rune case entre2y dmappear- h  v , ] T, e ungivided on se enth of the eded. The society,, lodge and churcj followin described real estat - situ- while not contril>uting directly toward4 ated n ofmson County, Iowa, to-wit: newslytpe' icome, have m the pat- I The North' One-half (,N') of Cvern- granted the newspaper wtu a por o ; , ment Lot Four (4} in, Section Thii'ty- of their prnMn and made up par tially fo. the expense of publishing" their news itemr. Merchants' adveP tising was large" enough to take up space in' the paper mad saved sett: as much news matter and features [s today-,necess*rry. Unlike any other buiness, the rural press must in¢est in stocr every [onday mor'n,ing. The J* merchundme is perfghabIe and wha is not sold  a complete tos. This loss mt be made up the next wee; or sooner or later there is decided trouble on hand, In an effort to eel- serve, patrons of rural newspapers and their pmnting departments have cut certain expe4ftures off the list bi mbliefty goes on just the same. How these organizations figure the home mper cn exist on news items. ,ivfng nothing in retu is something for a governmental investigafittg committee to ferret out. Speaking in eneraJites and this applies to all rural r.wspapers coming to our desl --communities have tortured their hom papers unmercifulIy the past year. tm withholding support. Still ex- pecting them to print the news, adver- tise civic  social and m(mey-mking oe (31). Township Seventy-seven (77) North, Range FIVe (5) West of the Fifth F. M. NOW" THV.REFORtg, PUBLl NO- TICE IS HEREBY GIVEN that on the Ith day of January 1934. at ttie hour of TVJO OCLOCK. P: M., of said dv at the PRO,'NT DOOR OF THE COURT ] IOUSE, IN IOWA (UTY. i said County of Johnson I will offer  sell  at PUBL AUCTION:. to the - liighest ii and best "6idder. FOI CAS'H nil tlie ,J described property, or so much there- of as is necessary to satisfy said Hundred ($4500.00) DOLLARS and no CENTS, together with interest, costs, and all accratng costs unless he same be sooner satisfied. DON McCOMAS Sheriff of Johnson County. Iowa Dated December 18th, 1933 1-4-11 GEO. J. BALLUFF, Deputy Country Was Overloaded With Hard Timea Tokens The crisis of 1837 created an acute sIortage of coins of all kinds. Copper pleees of many varieties appeared, is- sued by individuals and by corpora- tion And marry were Issued for ad- vertisement purposes, or for political propeganda, the mJority of the po- lltlcal coins exemplifying the spirit of scurrilous and bitter imrtisanship of the tlme of Andrew Jackson. Even a butto factory In Waterbury. Conn.. issued many thousands, an@ the vol- ume In ]gaitlmore rtched such pro- portions that federal' officer took steps to prosecute private coiners un- der the provisions of t Ibng-forgotte law of May 8, 1792. These eens were known ss "hard times toker" The country was over- hlmt fLt, fhorn, mr fel" st few state banks over which tl ment had no controL The date November. 1837, on the coin was that of a d held In New York on the seventh of that month by r tives of leading banks in  to fix a date for resumption payment. These represents'- again April 16, 1838, and. 1 resume payment in specie L May following, which waS fully accomplished after sion of exactly one year. ............. The Code of Hammurapl mulgated by the Babylonl that time (2067 to 2025 B.  V use of the countries thro IX Babylonian empire. The graved on a block of b nearly eight feet high, and ered in 1901 and 1902 broke pieces. There are 65 laws € verse and about 40 defaced tom. The reverse contains code begins with witchcrl connects it with the relig] passes through all grades oU domestic life. ending with | officlal wages for all classeS mere It also deals with m actions and the laws of pro CLEARANCE SALE of ELECTRIC APPLIANCES00' In checking over our merchandise we find that ,we are overstocked ou a number of popular appliances. In order to redtrce our stock we are off- ering discounts on all overstocked items. This is your opportunity to buy the app]iance you want at a saving. I lOW00&00"lC i vrovosttions and upholding the best interests of banks, bus'ness and gee- • .rnment, Ruural newspapeds have Phone 6146 R, J. ]SChll], Manager taken it cm the chin without squawk- ing. They were glad to helP. Bu.t l Baschnagei & Son now, a little riioeity is In order and the beginning of 1934 should be a good time to start showing some ap- II II prectaticn for the columns md col- umns of "free" stuff printed, No REALTORS newspaper man is golm.g to shout hi troubles to the .housetop. but in his Real Estate Loans and Insurance we say, "Dont rlde a good horse to death"you might need his services sometme.--Wfield Beacon. OFFICE OF THE IOWA CITY NATIONAL PAY YOUR TAXES Marshalltown Times-Republican: FARM LOAN ASSOCIATION JUSt beeatuse delinquent tax sales may (Organ|zed Under the Federal Land Bank of Omaha) be postponed isn't a sound reason why those ho can pay should postpone R. J. BASCHNAGEL, Secretary-Treasurer paymemt. Postponement is for those who can't. The debt's due Just the SEE US FOR LOANS UNDER FEDERAL same despite the days of grace. EMERGENCY FARM MOITGAGE ACT SEARING FRUIT Columbus Gazette: The steady per- sistent campaig for monetary Infla- FEDERAL FARM LOANS FARM COMMISSIONER'S Lion is evidently bearing fruit. The LOANS Iowa house of representatives m ses- On First Mortgagn On Second Mortgages n at Des Mones Voted 81 yes to Long Term Long Term 16 no last week in favor of monetary inflaEon and favored the compulspry Interest 4a% Interest 6% tse of silver as well as gold reserve Limit $50,000,00 One Person Limit $5,000.00 One Person back of United States motes. i CALL AT OFFICE FOR DETAILS If your subscription is due, 217 Johnson Ccanty Bank Bldg. Iowa City, Iowa Please Pay It. i immmlm i ' 'S . BREMER ' GREAT00T JANUARY CLE00kRANC E l00g'ins To00norrow, Friday, Jan, 8:30 A. M. i Tremendous Savings In Every Department GRE, T VALUES IN SUITS OVERCOAT $16 $21.95 $ VALUES TO $25.00 VALUES TO $30.00 VALUES TO Come and share the hundreds of bargains--- The savings are all yours. BREMER Iowa City's Best Store For Men 'S