Small State Banks to Join Federal Reserve System
Senator Hoke Smith and Treasury officials unveil a scheme to extend the federal reserve benefits directly to small state banks in cotton regions. Banks with minimum 15000 capital could join for 18 to 24 months, bank charters could be exchanged, emergency currency taxes reduced to 3 percent, and loan limits raised on cotton warehouse receipts to 70 percent. The plan aims to deliver affordable credit to farmers through rural banks while ensuring reserve scrutiny and backing by U S government credit. A committee report to Secretary McAdoo is expected by Friday.
MENTIONED IN THIS ARTICLE
Hoke Smith
Treasury
John Corrigan
Washington
Treasury Department
Federal Reserve System
Saust
Reserve System
Federal Reserve Bank of Theistrict
Federal Reserve Banks
Georgia
Southeast
Federal Reserve Bank of
United States
Reserve Bank
Smith
Robert L Owen
Oklahoma
Senate Banking and Currency
Senate
McAdeo
Banka
McAdoo
Senaator Hake Smith
Jasue
Columbus
Europe
Will Hoke Smith Take Part in Fight
Washington August 26 Special Senator Hoke Smith has no present intention of going to the state convention. Neither will Senator West though he is state chairman, and would preside if absent duties permitted. Pressure mounts to influence Smith toward Felder and Hardwick, with talks of rewards if he retires to aid their interest. Judge Newt Morris meanwhile moves among Smith’s office visits while promotion of Comfort patent tying device continues. The rumor centers on Smith joining away and promising federal position to Felder if he consents to retire for Hardwick, amid neutral stance to date.
MENTIONED IN THIS ARTICLE
Ay Jobo Corrizon, Jr
Washington
Hoke Smith
West
Aguties
Smith
Thomas W. Hardwick
Felder
Hardwick
Senator Smith
Newt Morris
Judge Morris
Post Office Department
Federa
Senate
United States Circuit Court
David D. Shells
Alabama
Feller
United States
Georgia
Congress
Slaton
Americans Eager to Fight Germans Across Line
Ottawa reports a surge of offers from Americans to join Allied forces. Colonel Samuel Hughes says hundreds have written seeking permission to enlist or lead units. Some propose raising US regiments or sending air and submarine specialists. Enlistment is restricted to Canada, with many Canadians who returned from the United States.
MENTIONED IN THIS ARTICLE
Ottawa
Ontario
Samuel Hughes
Tomght
Endat
United States
Valcartier
Eniist
Wounded in Brussels Hospital Shown in Early War Photos
Images reaching America from Brussels, Belgium, depict a ward at St Tean hospital with Red Cross nurses tending Belgian soldiers. A Belgian officer comments on the men's condition as hundreds receive care, while another photo shows wives awaiting the daily 30 to Go payment for soldiers gone to war.
MENTIONED IN THIS ARTICLE
America
Brussels
Belgium
St Tean Hospital
Red Cross
German Reservists Taken at Gibraltar
New York reports that the Italian steamer Ancona, sailing from New York to Naples with German reservists aboard, was stopped by the British at Gibraltar. Twenty four Germans and one Austrian were removed before the ship continued to its destination.
MENTIONED IN THIS ARTICLE
New York
Ancona
Naples
Gibraltar
From Father to Son Dear John Want Ads Guidance
A father advises his son to improve job prospects by selling his services and using The Constitution Help Wanted ads as a meeting ground for employers and employees. The letter emphasizes reading the newspaper classified ads to find better opportunities and earn more money.
MENTIONED IN THIS ARTICLE
John
Constitution
U S Military Honors for Villa and Obregon
El Paso August 26 General Alvaro Obregon and General Francisco Vila crossed into the United States and were greeted with military honors by General Pershing at Fort Bliss. A guard of cavalry escorted them from the International bridge to a Pershing banquet before they depart for Negates Sonora to settle internal disputes. What follows is a note on priests petitioning Carranza for return of 400 priests and 200 nuns refugees within American lines.
MENTIONED IN THIS ARTICLE
el Paso
Texas
Alvaro Obregon
Francisco Vila
International
J. J. Pershing
International Bridge
Fort Bliss
Pershing
Goxen
Obregon Aend Villa
Negates
Sonora
Carrants
Vera Cruz
Carranze
Fourth Artillery
U.S.A
German universities to be closed by war
London and Magdeburg reports say German universities will not reopen this fall as war detains students and professors. Eliot of St Louis describes disrupted travel and care for Russian students while foreign scholars exit Germany amid military duties and unsettled conditions.
MENTIONED IN THIS ARTICLE
London
Eliot
St. Loui
Magdeburg University
Magdeburg
Germany
Freiberg
Mc. Eliot
Turkey War Fever Looms Over Constantinople
Washington reports intense tension in Constantinople as war likelihood rises. Britain and Russia urge Turkish neutrality while the German ambassador pushes mobilization to deter Russia. Censorship tightens as newspapers, controlled by the military, fuel pro German sentiment and fear of Dardanelles entry by Goeben and Breslau. Continued on Page Thres.
MENTIONED IN THIS ARTICLE
Washington
Tenaion
Constantinople
Turkey
Germany
Austria
Great Britain
Russia
Ottoman Empire
Eussia
Dardanelles
Goeben
Breslau
France
German cruiser captures British ship near Barbados
Newport News report states the German cruiser Dresden captured the British steamer Lynton Grange two days out of Barbadoes en route to Newport News. The vessel was released after an agreement not to assist the British fleet, with Captain Simpson describing the boarding and signature of papers in German.
MENTIONED IN THIS ARTICLE
Newport News
Dresden
Barba
Simpson
Lynton Grange
Barbadoes
Germaon
Battles and cabinet shifts dominate World War I news
Reports from the front say battles along the French front and in Belgium continue with limited public details. Belgian forces halt a German advance near Namur while French and British lines retract near St Die. Viviani's ministry resigns and a new cabinet forms with Millerand, Delcasse, Briand, Doulmenger, Ribot. Togoland surrenders. Tarnopol is claimed captured by Russians as they push Austrians back toward Zlota Lip a. Tsingtau sees no Japanese forces yet.
MENTIONED IN THIS ARTICLE
Belgium
French War Office
St. Die
Nancy
Vosges
Antwerp
Namur
Viviani
Poincare
Alexandre Millerand
Adolphe Messimy
Theophile Delcasse
M. Viviani
Briand
Douwmergue
Ribot
London
Togoland
Bucharest
Tarnopol
Galicia
Zlota Lipa
Lemberg
Tsing-Tau
Kiao-Chow
Headway Against the Germans Made by French and British
Paris August 26. An official war department report states Franco British lines moved back slightly in the north while offensives between Nancy and Vosges show progress. The right flank near St Die fell back a bit as northern resistance continues and enemy activity persists.
MENTIONED IN THIS ARTICLE
Paris
War Department
Nancy
Vosges
St. Die
Also Mentioned on This Page
Will Hoke Smith
ST. Jean Hospital
U.S
Villa and Obregon
Hursdax
Britain and
ARE
Hale
Atlanta
Birmingham
Clear
Charleston
Chicago
Denver
Vain
Jacksonville
Kansas City
Knoxville
Louisville
Miami
Mobile
Memphis
Montgomery
Ashville
Ran
Nest Orleans
Raleigh
Roswell
San Francisco
P Cly
St. Louis
St. Paul
Cloudy
Shreveport
Pam
Vickaburg
Wasiton
C. FL von Herrmann
Berlin
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