Changes in Nation’s Currency System Explained
Washington reports a sweeping finance bill overhauling currency banking and reserves. It creates regional reserve banks to hold deposits and issue elastic treasury notes backed by gold and government guarantees. Public stock options exist if districts lack banks, with strong safeguards to curb overstretch.
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Dec
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Disputed Points Adjusted In Conference On Federal Reserve Plan
Conference changes alter federal reserve governance and bank powers. Key edits fix seven members on the organization committee and ten year terms, exclude Alaska, and set reserve bank capitalization at four million dollars with eight to twelve regional banks. Also new stock rules, director eligibility limits, and revised retirement and salary terms are outlined.
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Five Fundamentals of the Currency Bill
The plan outlines government backed currency based on notes and bills, with a gala reserve. It envisions expansion and contraction to match trade needs, regional banks, negotiable paper markets, and eight to twelve regional banks issuing currency and rediscounting paper under a seven member federal reserve board.
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Federal Reserve Board
Federal
Reserve Bank
Not Hard to Satisfy Him a Buddha Joke
A Pall Mall Gazette quip narrates representatives of Catholic, Protestant and Jewish faiths honoring Buddha. Each asks a wish. the Catholic seeks glory, the Protestant money, and the Jew asks for the Protestant's address.
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Buddha
Pall Mall Gazette
Cure for Ringworm Like Eruption Promised by Soap
A Missouri district newspaper excerpt recalls a family’s use of Cuticura Soap and Ointment to treat a five year old girl’s facial eruption mistaken for ringworm. The ad notes worldwide sales and a free sample offer with a 32 page Skin Book.
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Maurice
Henry Prins
Cuticura
Dept. L
Boston
Exhibition of the only three legged chicken announced
A speaker reveals that an exhibition will feature the only known three legged chicken. The remark prompts astonishment as attendees anticipate the unusual display and its curiosity value.
Contrasting Weather Talk Amid Roasting Headlines
A brief chatter notes the odd contrast between raw unsettled weather and a climate that has been unusually roasted, highlighting a wry observation about the season's mood and tone.
Polish Wordplay Pries t and Forgiveness Parable
A priest warns Pat about his drinking and the Irishman promises reform. When Pat is drunk again the priest expresses sorrow, and Pat asks if he is truly sorry so he can forgive him, prompting a wry exchange.
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Pat
Medical Advice From a Mock Exchange
A playful exchange centers on medical chatter and remedies. Mentioned items include Mrs Winstow soothing teething drops, Johan nation pain relief, Wind Ginicoe relief, and Dean's Mentholated Cough Drops sold by all druggists. The dialogue ends with a proverb about judgment and betting.
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Dean
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