Yegen Sees Need to Cut Discount Rates to Boost Recovery
Montana pioneer banker Christian Yegen, back from Washington, says only a lower discount rate on Liberty bonds and negotiable paper can avert lasting financial strain. He notes banks from Chicago to Boston face funds shortages due to high rates, while southern banks show mixed relief amid cotton crop trouble. He urges a federal reserve policy shift to restore confidence and liquidity, including a 4 percent cap, to end deflation fears and revive business across the country.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Christian Yegen
Montana
Washington, D. C
Senate
Yellowstone Lake
Lake Basin
Yegen
Chicago
St. Paul
Boston
United States
Congress
Federal Reserve
Breuth
Drouth
Federal Reserve System
Republic of the United States
Physician Missing in Portland Port Physician Jefferson Fenton
Dr. Jefferson D. Fenton, a prominent Portland physician, has been missing since last Sunday. His family reported the disappearance to police, noting he had been in ill health and that authorities had found no trace of him, including in Seattle where his daughter lives.
MENTIONED IN THIS ARTICLE
Associated Press
Portland
Ore
Jefferson D. Fenton
Seattle
Pool room bill vetoed near University of Washington
Governor Louis F Hart vetoed a bill prohibiting pool rooms within one mile of the University of Washington campus. He said city authorities should act if protests showed pool rooms were being conducted illegally.
MENTIONED IN THIS ARTICLE
The
Associated Press
Olympia
Wash
Louis F. Hart
University of Washington
Japanese Lower House Defeats Hara Ministry Motion
Tokyo cable to Nippu Jiji reports in Japanese that the Japanese house of representatives overwhelmingly defeated a motion expressing a lack of confidence in the Hara ministry. The charges relate to six alleged South Manchuria railway scandals.
MENTIONED IN THIS ARTICLE
Associated Press
Honolulu
House of Representatives
Hara
South Manchuria
Tokio
Nippu Jiji
Poles threaten to shoot British officers in plebiscite area
Kaulwitz March 19 threats by Poles to shoot British officers if they appear in Schoppinitz tomorrow, the Upper Silesian plebiscite day, have reached Colonel Crichton British control officer here.
MENTIONED IN THIS ARTICLE
Associated Press
Kaulwitz
Silesia
Schoppinitz
Upper Silesian
Crichton
Explosion at Schmerborn Munitions Depot Injures Many
An explosion at the Schmerborn munitions depot northeast of Erfurt in Prussian Saxony last night injured many people. Details on number of injured and exact cause were not immediately available.
MENTIONED IN THIS ARTICLE
Associated Press
Erfurt
Prussian Saxony
Schmerborn
Sale cryers halted in St Louis anti semitic crackdown
Martin O'Brien, chief of police, ordered the arrest of all persons crying the sale on the streets of Henry Ford's Dearborn Independent amid the paper's anti semitic campaign.
MENTIONED IN THIS ARTICLE
Associated Press
ST. Louis
Martin O’brien
Henry Ford
Dearborn Independent
Also Mentioned on This Page
Hartmann
Montana Trunk Factory
J. Bettman & Co
West Park Street
James G. Cocking
Republican
Scott
Frederick Langdon
Por
Democratic
WM. H. Davey
Hara Ministry
Germany
Butte College of Telegraphy
Lewisohn
Butte, Mont
Telephone
Butte
Mont
Wasoua
Mandolins
Gibson Instruments
Victor
Record Parlor
Victor Records and
Victrola
A.w.hunt
W. Park St
East Park St
Ine
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