Move to Postpone Currency Revision in Senate
The Senate was put on notice of an effort to delay the currency revision until the regular session. Senator Weeks of Massachusetts offered a resolution directing the committee to withhold its report until Dec. 2. The measure will be raised tomorrow as Republicans push for a definite Senate opinion.
MENTIONED IN THIS ARTICLE
Washington
Senate
Weeks
Massachusetts
Bankers oppose par value checks in new banking plan
Robert E. Maddox of the American National Bank of Atlanta argues small banks rely on out of town check exchanges and would be harmed if all checks must be paid at par in regional reserve banks. Chicago bankers and Minneapolis official Joseph Chapman Jr object to Reserve Board power over interbank discounting. Senator Weeks says no urgent need for currency reform and notes the Aldrich Vreeland law remains in effect into 1914. Radical changes likely. report within 60 days unlikely.
MENTIONED IN THIS ARTICLE
Robert E. Maddox
American National Bank of Atlanta
George M. Reynolds
J. B. Forgan
Chicago
Exchange
Mr. Maddox
Joseph Chapman, Jr
Northwestern National Bank of Minneapolis
Chicago Bankers’ Conference
Federal Reserve Board
Weeks
Banking and Currency Committee
Senate
House
Currency debate continues as House backs administration bill
Democratic leaders expect Republican support only for currency measures while Senator Hitchcock urges delay for full information. The House currency committee completed work on the administration bill and authorized Chairman Glass to report it to the House with debate likely to start early next week. Representative Ragsdale pressed to extend rediscountable agricultural notes but lost 8 to 7 and left the meeting. American Bankers Association representatives attacked the bill’s force provisions, predicting failure.
MENTIONED IN THIS ARTICLE
Currency Committee
Hitchcock
Senate
House Currency Committee
Glass
House
Ragsdale
American Bankers’ Association
Peace Men 10 Meet in N Y Peace Men 10 Meet in N Y
The interparliamentary council approves inviting New York City guests for 1915 America meetings. Resolutions back closing neutral money markets to belligerents and universal two cent postage. Discussions include information, mutual understanding, and treaty precedents.
MENTIONED IN THIS ARTICLE
The
Hague
Interparliamentary Council
Richard Bartholdi
New York
America
Mr. Bartholdt
United States
Republic of Salvador
Theodore E. Burton
Ohio
Wilson
Bryan
Eickhoff
Germany
Marblehead Illumination Honors German Yacht Visitors
Nearly 15 000 people attended illumination festivities in Marblehead to honor visiting German yachtsmen. Red fire along two miles of shore, fireworks from a harbor float, band concerts, and dancing followed banquets at the Corinthian and Eastern Yacht Clubs.
MENTIONED IN THIS ARTICLE
Marblehead
Crocker Park
Corinthian
Jewelry combine suit aims to curb middleman activity
New York Sept. 4. A suit in equity to obtain a federal court injunction under the Sherman law against the so called jewelry combine to curb the activities of the middleman or robber was prepared for filing today by United States District Attorney Marshall. Attorneys for the jewelry manufacturers and wholesalers have consented to a friendly settlement of the question.
MENTIONED IN THIS ARTICLE
New York
United States
Marshall
Jewelers Association to Conform to Sherman Act Decree
The National Wholesale Jewelers Association will file in Federal Court and will not contest the suit. Counsel Felix H. Levy says the association accepts the government's view that its actions, though not intended as Sherman Act violations, are construed as such. The decree will not dissolve the group or end other trade activities, and could influence similar interindustry bodies.
MENTIONED IN THIS ARTICLE
National Wholesale Jewelers’ Association
Felix H. Levy
Levy
Department of Justice
Jewelers’ Association
Jewelry bodies face suit over trade scheme claims
Providence R I Sept 4 counsel for the National Association of Manufacturing Jewelers says a forthcoming suit targets manufacturers and wholesalers. He describes the case as challenging an alleged wholesaler plan to bar retailers from trade except through jobbers, with ties to a spring convention and a potential Sherman antitrust violation. The Attleboros region is noted as a major jewelry center with the national group based in Providence.
MENTIONED IN THIS ARTICLE
Providence
R. I
William B. Greenough
National Association of Manufacturing Jewelers
National Wholesale Jewelers’ Association
Greenough
Attleboros
Massachusetts
National Association
Everett L. Spencer
New York
United States
Manufacturers’ Association
Senator Bristow Urges Arms for Carranza Leader
In Washington on September 4, Senator Bristow argued that the U S government should allow General Venustiano Carranza the constitutionalist leader to obtain arms, asserting the constitutionalists have as much right as the Huerta forces in the Mexican crisis.
MENTIONED IN THIS ARTICLE
Bristow
Washington
Senate
Carranza
Debate over US arms policy toward Mexico and Carranza
The quotation shows debate on recognizing factions in Mexico and arms shipments. The speaker argues the United States should recognize the belligerents and allow Carranza to buy arms while opposing the President’s warning to Americans to leave Mexico. Senator Bristow counters the warning stance.
MENTIONED IN THIS ARTICLE
United States
Huerta
Carranza
Bristow
Mexico
Senator Sheppard Flags Arms Import Ban Over War Risk
Senator Sheppard stated Huerta could no longer import arms and Chairman Eaton of the foreign relations committee said Congress and the public supported the President’s approach to solve the issue without a disastrous war.
MENTIONED IN THIS ARTICLE
Sheppard
Huerta
Eaton
Foreign Relations Committee
Congress
Also Mentioned on This Page
WOLF
Hanover
Ares
Clark
C.N.T
N. Y
As Huerta Forces
Duffy
Fred O. Smith
Linwood Street
Roxbury
Mass
Adalers
Mivnipebin
Duffy Malt Whiskey Co
Rochester
Fred
Smith
Paris
Henry Siegel Co
Washington and Essex Streets
Boston
Siegel's
Sir Henri
Wade & Butcher
Arrow
Imperial
Keenbutter
Flock Shadow
Copenhagen
Mongal
Main Select School
Faber
U. S