Crisis in Air Mail Service Faces Budget Disallowance
Washington reports a funding clash as the Post Office seeks 10 million for night flying experiments while the Budget Bureau rejects the demand. The uproar centers on whether air mail can be a viable utility or must be cut, with the future hinging on a proposed night flight network and illuminated emergency fields.
MENTIONED IN THIS ARTICLE
Budget Bureau
Washington, D. C
Air’mail
Fost
Congress
Post
Pkces
Air Mail
Post Ofce
Washington
New York
Gistance
San Francisco
San
Hlendersan
House Appropriation Committee
Chicago
Cheyenne
Unequal Split Of 750000 Does Not Concern Heiresses
New York January 28. Celestina Fasola becomes sole inheritor of most of a 750000 fortune due to being the first grandchild to reach twenty one while Maria Fasola receives one fifteenth. Celestina, an aspiring designer, plans charity work and travel while Maria, fourteen, enjoys skiing and winter at Lake Placid. The estate has grown from 50000 to about 1500900 lire, roughly 750000 dollars, with Celestina set to gain substantial control in nine silk factories.
MENTIONED IN THIS ARTICLE
New York
Celestina
Maria
Maria B. Vasola
Italy
Ferdinand Fasola
Weehawken
New Jersey
Palisades
Tralian Jakes
Plemly
Logal
Luke Saranac
Celestina Wagola
Sacred Heart Convent
Europe
Dovtoy
M. D
Asola
Fasola, Bianchini & Bernasconi
Tasola
France to Seek Time to Pay U S Debts
Paris reports editor Gustave Herve of La Victoire questions American aid and warns reparations are a political issue, not purely financial. He says Germany’s debt reduction proposals would require bankers and neutral players, but the real obstacle is the immense sum and reluctance to concede.
MENTIONED IN THIS ARTICLE
Paris
Gustave Herve
la Victoire
America
Eueype
Pankers
Ann International
No Simple Task For MacDonald To Rule Labor
London January 28 James Ramsay MacDonald leader of the first labor opposition in the House of Commons faces a hard task uniting a faction of aristocrats professors and socialists. His rise comes as he becomes the dominating figure in the Commons and may soon co-ordinate Labor into a strong opposition despite a modest Hampstead home and annual income unlikely to exceed 2500 dollars a year.
MENTIONED IN THIS ARTICLE
London
James Ramsay MacDonald
Labor
House of Commons
Arthur Ponsonby
Victoria
Sidney Webb
J.tm. W. Nesebould
MacDonald
Jack Jones
Commons
Roe
Ramsay MacDonald
Labor Party
Parlament
Tuaw
Lends Party
J. R. Clynes
England
Lord Kelvin
Usine
Hampstead
Row threatens disruption of reserve guard relations
New York January 8 The quartermaster corps faces a dispute over the appointment of Colonel James A Moss retired as head of the official service publication The Quartermaster Review Threats of disruption between reserve and National Guard personnel and the regular army followed a New York meeting of the quartermasters chapter Three brigadier generals from Washington attended The clash began when Major General William H Hart quartermaster general tried to curtail Moss powers Moss known for his manuals and writings A Washington meeting last December condemned Hart The New York meeting ended with a sharply divided vote in favor of Hart's position
MENTIONED IN THIS ARTICLE
New York
Associated Press
Jams A. Moss
Quartermaster Review
Reserve
National Soard
Regular Army
Quartermasters
A C. Dalton
J. M. Carson
John T. Bellinger
Washington
William HH. Hart
Moss
Color Moss
Fart
Wart
Policy Shifts on Debt and German Reparations
The text argues that long term American and central bank involvement feels odd and suggests avoiding further payments to the United States while using German bonds. It contemplates postponing debt payments and rebuilding northern departments before resuming obligations, praising U.S. aid but resisting further generosity to Germany and aligning with European allies under the Versailles provisions.
Weeding Out Fourth Class P. O.'s
Ralph F Couch reports from Washington on January 28 that the United States post offices in operation for businessmen and letter writers total 1,787 nationwide excluding branches. The Post Office Department aims to cut stations, focusing on fourth class offices, with 392 discontinued in late 1922. Second class rose slightly to 2,811, third class up 429, while first class remained at 844.
MENTIONED IN THIS ARTICLE
Ralph F. Couch
Washington
Continental
United States
Post Office
Post Office Department
Postoffice Department
French Invasion of Ruhr Is Discouraging Speculators
New York Jan 28 The Associated Press reports quiet financial markets with irregularities in a week of mixed news. Ruby Valley tensions curb speculation while investors await outcomes from domestic earnings and trade reports. Prices firm demand active and buyers lead the market. Cotton futures surged then retraced as profit taking rose. Banking power remains ample with reserves, Fed system ratio near prior year levels.
MENTIONED IN THIS ARTICLE
Ruhr
Nevw
York
Associated Press
Ruby Valley
aHad Trafic
Federal Reserve System
Irving Fisher Weekly Index of Prices and Money Power
Irving Fisher reports a weekly index tracking 200 commodity prices and money purchasing power relative to 1919. The May 1926 peak shows prices 147 percent above prewar levels and the dollar worth 40.9 prewar cents, with data drawn from Dan’s Weekly Review and War Industries Board weights.
Fire Chief Suspended Over Muddy Car Rescue Plan
Eluizabeth January 4. Fire Chief George Cearge of Laden Fire Department is suspended after ordering a town fire engine to pull his car from mud. Chairman Leon Watson says Cearge contacted headquarters and asked Wireman Willie to drive the engine. Willie refused. An alarm was then sounded and the crew arrived to carry out the extraction.
MENTIONED IN THIS ARTICLE
Eluizabeth
Nicholas Cearge
Laden
Leon Watson
Fire Commission
George
Watson
Willie
Wille
Local Produce Market Reports Steady Markets Across Fruits and Veggies
Market notes show fruits holding steady amid heavy supply movement due to good quality and reasonable prices. Apples and cranberries see demand, potatoes and onions stay firm, butter softens slightly, and beef lamb and pork hold near week- opening levels. Trade prices cover diverse items from dairy eggs to hay and grain. Rubber from British possessions supplies most auto tires, with about 70 percent manufactured in the United States.
MENTIONED IN THIS ARTICLE
Floridas
East Indies
United States
Edwards 10 Cen Raily's Berth as
Wallington Jan 28 F Monti Reily governor of Porto Rico, whose administration has been under continuous fire, will resign his post soon, and General Clarence R Edwards, former commander of the 20th New England division in World War I, will be appointed in his stead. Both are in Washington for conference with President Harding. Reily's administration has been repeatedly criticized by Porto Ricans seeking his ouster.
MENTIONED IN THIS ARTICLE
Wallington
F. Monti
Reily
Porto Rico
Clarence R. Edwards
Cew
Ingland
Ed Reilly
Edwards
Washington
Harding
Ye Land
Also Mentioned on This Page
France
U. S
Reserve Guard
Pol Ug
C Gorsey
Germany
P. O
Pelee
Montha
Gs the
Leo
U.S
Af Sp
Irving Fisher’s Weekly Index
Tre World
Tis
Irving Visher
Houghton Mifflin & Co
Pallak Foundation of Economia Research
Newton
Miss
Dan
War Industries
Montana
Committee On Morals
Medieral
Toble
Prohibition
Billings
Loble
Anti-Caloon League
Ariurlation
Joseph Pope
Hennery
Province of
Ontario
Canada
Connecticut
Savings Banks and Trust Lunds
Hincks Bros. & CO
Main St
Bridgeport, Conn
Bridgeport Real Estate
Bridgeport Land. and Title CO
Bridgeport
Bridgeport Land and Title Company
THE
Bridgeport Land and Title CO
Main Street
City Hall
State St
Tioney
Barnum
Equitable Industrial Loan Society, Inc
Fairfield Ave
H. O. Canfield Co
Housatonic Ave