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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Apr 07, 1923
Page
8
Economist Dr Henry A J Chandler of the National Bank of Commerce argues for rapid policy tightening to preserve the value of money. He warns that without coordinated credit restraint and renewed demand for gold, the U S money could face inflationary risk and permanent depreciation.
A critical voice argues that modern schooling overfocuses on rigid formulas and rewards while neglecting fundamental primary education. It recalls a golden era of hands on learning, laments wasteful public spending, and proposes selective advancement based on merit and rapid impartial exams.
Philip A. Bailey of Middletown filed a voluntary bankruptcy petition in federal court. He lists assets of 4909 dollars and liabilities of 11 dollars.
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