Currency Reform Ends Years of Debate in Finance Law
Washington reports a sweeping banking and currency law with major changes to reserves capital stock and regional banks. The measure creates a federal reserve board and nine member regional banks to manage reserves and issue elastic Treasury notes backed by gold and government guarantees. Banks join regional banks with specified reserve requirements and limited open market operations while public stock purchase possible in districts lacking bank participation.
Five Fundamentals of the Currency Bill Across the Nation
The proposal outlines government backed currency based on notes and gold reserves, with expansion according to trade. It envisions regional banks capitalized by banks and elected directors, a market for negotiable commercial paper, eight to twelve regional banks, and a seven member federal reserve board appointed by the president wielding overall control and supervision.
MENTIONED IN THIS ARTICLE
Bank
Federal’ Reserve Board
Disputed Points Adjusted In Conference On Federal Reserve Bill
Conference changes affect points between senate and house. Retained comptroller of currency and secretary of agriculture on organization committees. Ex officio membership for the comptroller of currency on the federal reserve board. Alaska excluded from act provisions. Regional reserve banks to be eight to twelve. Minimum capital four million. No senator or representative may be an officer of a reserve bank. Directors restricted from bank ties. Member banks subscribe six percent of capital. National bank deposit guarantee eliminated. Reserve notes not counted as reserves. At least one third of country bank reserves to vaults locally. House restores collections at par with actual expenses. Retirement of two percent bonds up to 300 million in 20 years. Gold reserve behind notes at 40 percent with tax on depletion. Federal board salary raised to 12,000. Reserve board terms set progressively. Reserve banks may be liquidated or reorganized. Directors and staff comp governed by board. Recess appointments to board expire 80 days after session. Net balances used to determine deposits for reserve limits.
MENTIONED IN THIS ARTICLE
Sat
Treasury
Federal Reserve Board
National Bank
United States
Wit Axen
OLR
Senate
House
Secretary of Agriculture
Federal Reserve
Board
Alaska
Federal Reserve Bank
Federal Board
Reserve Board
Federal Reserve Banks
Doan's Kidney Fills Promised Safe Relief for Women
An old advertisement argues urinary and back problems stem from kidney trouble, urging tired mothers to use Doan's Kidney Fills. It claims safe, non narcotic relief for dropsy gravel Bright's disease early stages and notes the product provides new life and strength to suffering women.
MENTIONED IN THIS ARTICLE
Bright
Doan
Javed Life After Kidney Illness Cured by Dean’s Pills
A patient recounts severe kidney pain swelling and weakness from a kidney complaint. After using Dean’s Pills recommended by a doctor, symptoms subsided and recovery followed, with the patient praising the treatment’s effectiveness.
Lame back product ads and quirky clippings span the page
A garbled page segment includes an ad for Doan's Kidney Pills priced fifty cents, plus a mix of jokes and anecdotes. It features Mrs. Jones and a gasoline kitchen mishap, Caillou asking for a sardine, Deacon Philander quips on church finance, cake testimonials praising Calumet Baking Powder, and brief notices about throat remedies and children’s syrups.
Cure for eczema praised by Cuticura in 1912 ad
An old advertisement from Seymour Missouri details a eczema sufferer describing a six year ordeal with itching burning and hair loss. After trying various remedies the patient credits Cuticura Soap and Ointment with curing the condition in two weeks. The note includes a postal offer for samples and a short humorous town-topic aside.
Castoria Ad Urges Mothers to Trust Safe Remedy
A vintage advertisement appeals to mothers to examine Castoria bottles for the signature and note it has been in use for over 30 years. The copy asserts Castoria is a safe remedy for infants and children and features lines about responses to hurtful remarks and social judgments.
MENTIONED IN THIS ARTICLE
Fletcher
Meat Any Time The Scene Is Set Across A Rural Crossing
A country road scene unfolds with trees sky summer homes and a distant lake. A steam railway crosses the road as a speeding automobile and an express train approach the crossing. The owner asks the chauffeur if they can make it and the chauffeur swears they will, but fails.
MENTIONED IN THIS ARTICLE
Cleveland Plain Dealer
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Washington
Cohgreus Hina
Gracp
Secretary of ‘the Treasury
New York
Chicaxzo
St. Louis
Joana
Secretary of the Treasury
Keaep
Gan
Regional Reserve’ Bank
Regional Reserve Banks
Banka
United ‘States’ Treasury
Ars
Country Banka
Dapoaita
Reserve Bank
Reserve City Banke
Central’ Reserve
Chicago
Rauional Reserve Banks
Federal
Regional Reserve Bank
Federal’ Reserve
United States Treasury
Government of
The
Stal Reserve Board
Federal Reserve District
Facial Reserve Board
Louis
Dean
Inga
Cat
Mads
Cole
Saya
Dean's Lane
Ius
Ameet
Alona
Aff Oodlom
Prics 50 Cent
Foster- Milburn Co
Buffalo, N. C
Old Man Jones
Norah
Patrick D. Norton
North Dakota
Mrs. Jones
Caillou
Pesalmiatioc
Philander
Kansas City Star
Kid Philander
B. L. Wilson
Nashville
Tenn
Bome
Calumet Baking
Seymour
Killian
Cutieura
Dept. L. Boston
Crawford
Crabshaw
Archie
Carter
Manama
Poneto Gia
Gale
Bat Banat
W.N. Uy ‘Sioux
Ganadai
Uni
Wiliam ‘Perea
J. W. macLasnan
Drewer
Watertena
B.A. Grievetty
Zoskaen St
Frank E Scott Ga
Olive Stodk
Solia
Barbare Sapply Co
Ciamean Gh
J. C. Rennison Co
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