Mares Changes In Currency System
Washington reports a sweeping currency reform as a new federal banking framework creates regional reserve banks and elastic treasury notes. The plan requires bank participation, sets reserve rules, and links public stock to regional banks while preserving national bank notes dissolution over time. It enables rapid cash in crises via prime commercial paper and new government issued notes backed by gold and government guarantees.
MENTIONED IN THIS ARTICLE
Washington
Congress
New York
Chicago
St. Louis
Regerva
Federal
Secretary of the Treasury
Federal Reserve Board
United States
Treasury
Federal Reserve
Regional Reserve Bank
Disputed Points in Conference on Federal Reserve Provisions
Conference changes align senate and house language on federal reserve structure. Key actions fix seven member board with ten year terms, Alaska excluded, and capital requirements for regional banks set at four million dollars. Stock purchase limits raised to twenty five thousand, voting power restricted to member banks, and reserve requirements revised including vault reserves and par collections. Retirement bonds cap and gold reserve rules remain, with adjusted salaries and term lengths for reserve board members.
MENTIONED IN THIS ARTICLE
Senate
House
Secretary of Agriculture
Federal Reserve Board
Alaska
Federal Reserve Districts
Federal Reserve Bank
Federal
Reserve Bank
Federal Reserve
Federal Board
Reserve Board
Reserve
Federal Reserve Banks
Congress
Five Fundamentals of the Currency Bill outlined
The proposal envisions government backed currency based on notes and gold, a central bank system with eight to twelve regional banks, and a seven member Federal Reserve Board. Regional banks would issue currency, rediscount paper, mobilize local bank reserves, and convert negotiable paper into cash under stress.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Miny
Banke
Tha Banke
Tha Banka
Reed to Receive Iowa Marshalship as Reed Named Nelson Appointment
Iowa Democrats near ending patronage fights as N F Reed is slated for the southern Iowa marshalship and Dan Hamilton of Sigourney named attorney. Reports of E R Moore as northern marshal face doubt while Ottumwa leaders review overall patronage and central western dissent over geographic distribution and rewards. Jerry B Suivan’s appointment is disputed as a personal gain rather than organizational support.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Washington
N. F. Reed
Dan Hamilton
Sigourney
E. R. Moore
Anamosa
Ottumwa
Pepper
van Wagener
Jerry B. Suivan
Corwith Man Attemps Murder On Street
Corwith Jesse Oxley shot Melville Hillery on a street in Corwith. Hillery, who had married Oxley’s now divorced wife, was aiming to summonsa sheriff from Britt for protection. Oxley fired, striking Hillery below the heart. Hillery’s prognosis is poor as Oxley is jailed in Forest City.
MENTIONED IN THIS ARTICLE
Corwith
Jesse Oxley
Melville Hillery
Oxley
Hillery
Britt
Forest City
Youth Killed as Car Rolls. Sisters Hurt Near Monona
An auto carrying Harvey Henning and his two sisters plus his brother turned turtle while returning from a visit near Monona. Harvey Henning died instantly and the two sisters were seriously injured. Journ Lenth, unconscious, was in the vehicle as well. cause of the crash remains undetermined.
MENTIONED IN THIS ARTICLE
Hikader
Harvey Henning
Mr. Henning
Lenth
Monona
Record in Damage Cases in Waterloo District Court
Nine damage petitions filed in Waterloo district court seek a total of 37 147.74 dollars. This marks the largest single day for damage filings in the court. Claims vary from 15 000 dollars for alleged smallpox contraction to 150 dollars for a buggy upset.
MENTIONED IN THIS ARTICLE
Waterloo
Focal Court
Pioneer Iowa Publisher Dead in Webster City
Captain W. F. Smith, a pioneer publisher in Webster City and former Iowa National Guard captain, died at his home. He founded the Clarion Monitor and once owned half interest in the Freeman Tribune and Journal. He also served two terms as county auditor.
MENTIONED IN THIS ARTICLE
Webster City
W. F. Smith
Iowa National Guard
False Report Keeps Sheriff Busy in Boone
Sheriff John Reid was misled by a false report claiming he would capture Jesse Cromwell, sought for assault with intent to commit murder. Madrid police reported a man believed to be Cromwell seen in the woods.
MENTIONED IN THIS ARTICLE
Boone
John Reid
Jesse Cromwell
Madrid
Cromwell
Railroad Canoes Mall Room Manly Postal Upgrade
The Rock Island division headquarters established at Manly has spurred a post office upgrade from second to third class as mail volume rises. This reflects growth in mail flow and local civic infrastructure.
MENTIONED IN THIS ARTICLE
Manly
Rock Island Division
Also Mentioned on This Page
Allivan
NG B. ATTORNEY_AT LAW
wytoLoan
Phone
Algona
Fiver
Algona State Bank
Algona, Ia
J. Dickingbow
Noon
Dickinaon
Attorneys AT Law
C. H. Cmetzmeyer
John Galbra Och
Wrane
Bartn
Gay
Offce
Paine
Bree Stora
Algona, Iowa
Dp. L. V. Andrews
Lhona
L. Bist
D. D
B. Glasier
Ias
Algona Steta Bank
B.C. Tesaman
Devaraux
Qee
Langdon & Long
Grocarr
A.W. Brain
Ofice Over County Savings Bank
B. Sayers
R J. Laird
Opera Houss
W. H. Ingham
Theo
Chrischilles
Lewis
Smith
Kossuth County State Bank
Capital
W. H. Pashain
St Bere
Tar Ingham
T. Chrischillos
Lowiamish
J W. Wadsworth
Barnet Devine
W. E.ferguson
Swerrisa
Wise
First National Bank
United States Derestory
Wim. E. Ferguson
Swerring
Dickineon
E. BE. Connen
Osshbier
L. Vincarz
Asst
B. Connor E. Sayere
Savings Department
Member Banka
Regional Reserve Banks
Central Reserve City Banks
Banka
Reserve Banks
Federal Reserve District
Digona State Bank
T. Chubb
D. Agee
W. Dingis
B. Beardsley
Aby't Yashion
Board OF Directors
Chubb
C.c.chubb
Gen. L. Calbraith Myron Bchanck
Flw. Dingle
Brg
Adame
Max Herbat
the County Savings Bank
Dosa & Geners
Bella Draft
BJ. Murtagh
B. Botobins
Dodda
J. Gillmore
Drew Peterson
Mabon
Buliivan
MautTis Hag
Pres
Jon Raum
Prey & F. Bann
Cashier
Benedict
Tae Daposita
Ussr
N. F. Reed Wii
Daniel Hamilton
Melville Hillary
Etkader
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