Government Does Not Own Reserve Banks
An American Bankers Association Journal analysis explains that Federal Reserve banks are not government banks but private corporations owned by member banks. The government holds no stock and controls are mainly by member banks, with one third of directors appointed by government for public interests. The banks act as agents of the government in certain transactions.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
Government
Federal Reserve Bank
American Bankers Association Journal
Local Social Roundup From Max Area Families
A string of Sunday visits and weekend trips shows area families calling on relatives in Lebanon Daleville and nearby. Virgil Smith and family rented Joe Beck’s farm for next year while others socialized and discussed corn cropping. A new garage and repair shop is rapidly rising with the last wall block laid and roofing begun.
MENTIONED IN THIS ARTICLE
Virgil Smith
Joe Beck
Carters
Red Cross Duty to Aid Veterans Extends to Hospitals
Washington reports the Red Cross delivers individual aid to ex service men and families, with 73,700 definite services out of 84,500 cases in hospitals and institutions. The 195,246 total cases include 36,995 claims and 144,220 visits to the sick or disabled.
MENTIONED IN THIS ARTICLE
Washington
Red Cross
The
United States
Congress
American Red Cross
Army
Navy
Naval
Golden Rule Sunday Observed December 7 in Indiana
Golden Rule Sunday December 7 will be observed across Indiana in support of Near East Relief. State relief director D Burs Jones says women will lead the effort and many clubs and societies are asked to cooperate. The Triangle Club of the North Christian Church will meet with Robert Wyatt Tuesday night.
MENTIONED IN THIS ARTICLE
Indiana
Way
Near East Relief
Evans County
D. Burs Jones
E. CC
Rumpler
Near East
Triangle Club of the North Christian Church
Robert Wyatt
Verlin Mclaine
Hall Sells Property to Mr. Braiton of Rosedale
Dr. S A Hall has sold his property to Mr. Braiton of Rosedale who will take possession immediately. Mr and Mrs Hall will move to their new residence. The property is now occupied by Mrs Abra Pallard who will construct a new house there in the spring.
MENTIONED IN THIS ARTICLE
S. A. Hall
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James Sering
Frankfort
Whitestown
Max
Wm. Tolley
Lebanon
Elmer Wall
A. L. Reveal
June
Areva
Etta May
Mrs
O. E. Clark
Daleville
Rube Melson
Mrs. Mollie Wynkoop
James Reed, Jr
Wm. Rose
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Otis McCoy
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J. W. Crawford
M. C. Beck
Archie Pierce
Ed S. Graham
Dupont
Jennings County
Jas. Graham
San Hipes
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Waynetown
Geo. Proffitt
James Smith
Wim. Rust
Sam Rohrer
S. E. Edrington
Hurt
Jamestown
Lula Wills
Russell DeWitte
Fayette Sunday
Lynnsburg
Cal Ross
Mary Owens
Harry Ross
West of Advance
Frank Gregory
Lon Bratton
M. M. Edrington
S. Z. Billingsly
Family of Advance
S. A. Rohrer
Michigan
Nettie Staton
Elizabeth Stultz
Mss
Audra Stultz
J. F. Bicknell
Worcester
Mass
Geo. P. Bell
V. Nalley
Rockford
A. N
J. A. Williams
Nashville, Tenn
Alvan T. Simonds
Fitchburg
Davison
Teat Cole
J. L. Johnson
Northfield
Minn
C. Hi. Avery
Bowling Green
Ohio
Sam Thompson
Hettinger
North Dakota
A. Allens, Jr
Chicago
Ill
Harry A. Dorman
Sacramento
Cal
Brown
Minatonnte N. J
Ce United
Conrad A. Smith
Firestone
Joe and
Otis Wall
Grinder
Thos Rohn