New Federal Reserve Board Takes Office
The new Federal Reserve Board members are inducted with ceremony. Ralph W. Morrison of Texas is to arrive later and be sworn in. Other members include Ronald Ransom, John McKee, Joseph A. Broderick, and holdovers Mariner S. Eeeles and M. S. Szymczak. The board, called a supreme court of banking, wields powers to set margins, influence the open market, veto reserve bank heads, and fix bank broker relations.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Ralph W. Morrison
Texas
Roosevelt
Marriner S. Eeeles
M. S. Szymczak
Chicago
Morrison
Ronald Ransom
Atlanta
John McKee
Ohio
Reconstruction Finance Corporation
Joseph A. Broderick
New York
Reserve Board
Supreme Court of Banking
Surprise Message Urges Repeal of Three AAA Auxiliary Acts
A note to Congress urged President Roosevelt to repeal the Bank head Cotton Act Kerr Smith Tobacco Act and Potato Control Act. With the Supreme Court striking down the AAA only the first act had enforcement attempted and all three were deemed valueless to retain on the books.
MENTIONED IN THIS ARTICLE
Congress
Roosevelt
Supreme Court
AAA
New Farm Program Bill Advances in Senate Defense over Soil Plan
The Bankhead Jones soil conservation bill, an administrator substitute for the AAA, gains 15 to 2 approval from the Senate agriculture committee though Ellison D. Smith expresses doubts about constitutionality. The measure would let the secretary remove 80 million acres from cultivation and expand powers. Dickinson proposes a separate farm program to shield farmers from Washington bureaucratic control with erosion and fertility restoration, joint state and federal administration, and measures like contract payments and low-interest mortgage extensions.
MENTIONED IN THIS ARTICLE
Senate
Bankhead Jones
AAA
Senate Agricultural Committee
Ellison D. Smith
South Carolina
Secretary of Agriculture
Dickinson
L. J. Dickinson
Iowa
Washington
Rank QO. Lowden
Illinois
Inflationists Ready for Battle in Congress
Inflationists led by Senator Thomas of Oklahoma and Representative Patman of Texas mobilize to force new money printing. They vow to block any tax plan and switch to the Frazier-Lemke farm mortgage refinancing bill backed by 215 signatures seeking a vote in the House. Administration leaders expect a wide margin of defeat for the inflationists.
MENTIONED IN THIS ARTICLE
Congress
Thomas
Oklahoma
Patman
Texas
Tax plan proposes 500 million subsidies and 230 million amortization taxes
The administration debates a tentative tax program that would raise 500 million in excise taxes to subsidize farmers and 230 million of undetermined taxes to amortize the soldier bonus over ten years. The 500 million is not new, replacing the old processing taxes from the defunct AAA.
MENTIONED IN THIS ARTICLE
AAA
Union clash erupts at A F L convention in Washington
William Green of the United Mine Workers clashes with A F L president Samuel Gompers style at the convention in Washington as 1700 delegates, led by John L Lewis, support a coal miners campaign against industrial unions. boos turn to strong backing for Lewis.
MENTIONED IN THIS ARTICLE
William Green
Mine Works of America
Washington
A. F. of L
John L. Lewis
Mr. Green
Lewis
Green
Eastman to order rail terminal unifications in 11 cities
J B Eastman, coordinator of transportation, seeks to cut $50 million in annual terminal waste by unifying facilities in eleven cities. He says savings will total at least $800 thousand yearly. Cities include Worcester Massachusetts Mechanicsville New York Grand Rapids Michigan Jacksonville Illinois Montgomery Alabama Meridian Mississippi Freeport Illinois Des Moines Iowa Council Bluffs Iowa Beaumont Texas and Ogden Utah. He may compel further steps if needed and calls for a five year continuation of his office beyond June.
MENTIONED IN THIS ARTICLE
Oseph B. Eastman
Eustman
Worcester
Mass
Mechanicsville
N. Y
Grand Rapids
Mich
Jacksonville
Kla
Montgomery, Ala
Meridian, Miss
Freeport, IL
Des Moines
Council Bluffs
Iowa
Beaumont
Texas
Ogden
Utah
Fastman
Congress
Eastman
Moore Attacks Neutrality Bill as Homicidal Mania
Former World Court member John Bassett Moore denounces the administration neutrality bill as a dangerous blend of homicidal and personal crisis mania in a secret senate foreign relations committee session. Senator Johnson of California released the remarks, criticizing the bill for keeping a mandatory embargo on arms while granting the President broad export discretion. Moore singles out curbs on steel oil and cotton as especially vehement and harmful to commerce.
MENTIONED IN THIS ARTICLE
John Bassett Moore
World Court
Senate Foreign Relations Committee
Johnson
California
Moore
Landon Nominated by Kansas Republicans for President
Kansas Republicans including the Kansas Day club and Missouri Valley leaders present Gov Alf Landon of Kansas as their choice for the Republican Presidential nomination in Topeka. He outlines a program to end federal extravagance and restore prosperity, proposing a soil conservation plan to aid agriculture and preserve farm fertility.
MENTIONED IN THIS ARTICLE
Republican State Committee
Kansas Day Club
Missouri Valley
Topeka
Alf Landon
Kansas
Landon
Divide and Rule and Blue Eyes in a Tumultuous Week
The column cites labor divide risks among unions led by Mr Green and Mr Lew, warns against factional splits, and recalls Louis XI and Goethe on divide and rule. It notes a nudist ship grounding near Tampa, belittles nudism, and highlights Mussolini oil sanctions and Litvinoff's remarks at the king's funeral. Lindbergh turns 34 in Wales as global tensions rise.
MENTIONED IN THIS ARTICLE
Tampa
Fla
Virgin Islands
Garden of Eden
About Face of Smith Is Bared By EARL GODWIN
The column critiques Al Smith and his stance against Roosevelt, tracing Smith's history with Tammany Hall, his shifts during the New Deal era, and his influence on party dynamics. It contrasts Smith’s rhetoric with his past actions and critiques the Liberty League’s opposition to Roosevelt while assessing Socialist, Communist, and Republican responses to the New Deal.
MENTIONED IN THIS ARTICLE
Ashington
al Smith
Franklin D. Roosevelt
Philadelphia
Liberty League
Roosevelt
Smith
New York
Herbert Hoover
Congress
Tammany Hall
New York Assembly
Tammany
United States
Robert Moses
Frank Knox
Borah
Alf M. Landon
Kansas
Landon
Georgia
Talmadge
Ballyhoo
Huey Long
Western Newspaper Union
Similarities Test Word Problem Part 1
The problem presents pairs where a relation from the first to the second must be mirrored with the third word. The completing word must come from the given list and preserve the same relational pattern for each trio.
MENTIONED IN THIS ARTICLE
Frank Frisch
Harold McSpaden
Homer
Demosthenes
Aptly Named Bicycles Once Called Bone Shakers
The text notes that bicycles branded as apt names were sometimes referred to as bone shakers before the advent of spring seats.
The Man Who Knows If Your Headache Remedy Is Safe
An advertisement speaks to readers about a doctor who can verify the safety of headache neuralgia and rheumatic pain remedies. It urges consultation with a physician to ensure treatment is safe and appropriate.
Bayer Aspirin Endorsed for Headache Relief
Advert shows Bayer Aspirin as a safer, faster relief for headaches and pains compared to unknown preparations. It advises consulting a doctor and stresses that genuine Bayer Aspirin has a long track record of safety for regular use. Purchase by insisting on the name Bayer Aspirin at drug stores.
Also Mentioned on This Page
Curre Hervents Review
Pickard
Western
Ewspaper Union
Edward
Marriner
Eccles
United Mine Workers
J. B. Eastman
By J. Bassett Moore
Gov. Landon
Brisbane
American Federation of Labor
Miners’ Union
Mr. Lewis
Louis XI
Goethe
Indian Ocean
Napoleon
Corsica
Caesar
Rome
Jefferson
Lincoln
Edison
Henry Ford
Tangier
Mussolini
League
England
Russia
Litvinoil
Litvinoff
Edward VIII
Norman Thomas
Italy
New Jersey
Charles A. Lindbergh
Wales
Earl Godwin
White House
Socialist Party
New Deal
Roosevelt Administrtion
Wall Street
London
Teddy Roosevelt
By Lowell Henderson
Bell Syndicate
WNU
Albany
Concord
Garner
Hoover
Stateroom
Navy
Curtis
New Hampshire
Bayer Aspirin
Fred Richardson
Hartshorne
Oklo
Snow White
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