America to Pay Europe War Debt Through Bond Funding
Senator Penrose proposes a bill giving Secretary of the Treasury blanket authority to fund ten billion dollars of Europe’s wartime debt, with Senate Finance Committee backing 9 to 5. Critics warn of unchecked power and demand congressional approval, while supporters see rapid action to settle the debt. The plan calls for Europe debt bonds and prompts renewed calls for gold payments and disarmament before repayment.
MENTIONED IN THIS ARTICLE
Congress
Penrose
Pennsylvania
Mellon
United States
Senate Finance Committee
Senate
Harding
Borah and
Johnson
California
Walsh
Secretary of the Treasury
Europe
America
United States Must Lead Global Disarmament
The article argues America should force disarmament by declaring a sweeping reduction in war expenditures and threatening to maintain defenses while others comply. It contends a U S ultimatum would compel European powers toward peace and bankruptcy, establishing the country as the world’s leader.
MENTIONED IN THIS ARTICLE
America
United States
Senator Owen Blames Federal Reserve for Economic Slump
United States Senator Owen of Oklahoma denounces Federal Reserve Banks for constricted credits that worsened postwar depression. He criticizes the New York Fed’s excessive gold and bond holdings and accuses the system of improper functioning that allowed banks to profit on loans. He declines to predict when normalcy returns.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
United States
Owen
Oklahoma
Senate
Detroit
Reserve Bank
Federal Reserve System
New York Federal Reserve Bank
Federal Reserve
Reserve Banks
End of Deflation Warned by Senator Owens
The editor notes Senator Owens, coauthor of the federal bank law, remarks that deflation has ceased and the end is reached. The comment reflects a stance on monetary policy and the新的 economic outlook.
MENTIONED IN THIS ARTICLE
Senator Owens
Federal Bank
Texas Legislature Considers Four Percent Tobacco Sales Tax
Following national congress practice the Texas legislature proposes a four percent tax on tobacco products including cigarettes and cigars. The plan would apply a tax stamp to each purchase, mirroring the U S Internal Revenue system.
MENTIONED IN THIS ARTICLE
National Congress
Texas
United States Internal Revenue System
Alpine Election Results Show Amendments Defeated
Complete results from Alpine’s amendment election list prison board abolish 35 to 36 against raise salary 30 to 41 against confederate tax 0 to 40 against suffrage amendment 55 to 17. Alpine declares solidly against salary raises in hard times as residents face heavy taxes.
MENTIONED IN THIS ARTICLE
Alpine
Trespass Notice at O2 Pastures From Manager H T Fletcher
Warning to visitors that taking wood water or grass in any O2 pastures is trespassing and will be prosecuted.
MENTIONED IN THIS ARTICLE
H. T. Fletcher
A Wonderful Scientific Bulletin From Washington
A satirical take on an agricultural department bulletin mocks its advice as useless to farmers. It highlights quips about hay cutting times and machinery power, noting the bulletin is marked Release immediately and poking fun at bureaucratic science.
MENTIONED IN THIS ARTICLE
Agricultural Department
Washington
Department of Agriculture
Farm Cooperatives Forming in Chicago to Pool Marketed Goods
Telegraphic dispatches report farm cooperative selling agencies being organized in Chicago. The plan aims to unite farmer groups to pool all marketable products, control marketing, and cut out middlemen and gram gamblers. Possible extension to livestock sectors.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
THE
Alpine State Bank
Alpine Lumber Co
Ory
Avalanche
Michigan
Tresspass
First National Bank
Alpine, Texas
C. A. Brown
H. L. Kokernot
W. B. Hancock
Geo
W. Baines Jr
Cashie
H. L. Hord
Asst
Cashier
Jong-Bell
Long-Bell Lumber Company
Alamo Lumber
P. L. Haynes, Mgr
Mitchell
Gillett Co
Headquarters
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