Financial verdict on New York City bank rescue and market panic
Inside Light on Finance argues the National City Bank bailout shielded Wall Street from a panic and harmed small stockholders, with a veteran investor claiming the Federal Reserve Board favored Europe over American interests and set the stage for high bond prices and a partial recovery for big players.
MENTIONED IN THIS ARTICLE
Reserve Board
National City
Wall Street
Morgan
New York City
Wall Stree House
Carter Glass
Mitchell
National City Bank
Federal Reserve Board
Europe
Asia
Africa
Australia
Young and Morgan
Monopoly Suit Against Washington Cleaners Detailed
In Washington a suit by Myman Diener seeks 100000 dollars against several wholesale cleaners for alleged monopolistic practices. Diener recounts starting a small shop with 50 dollars, expanding to 19 outlets, and moving work between plants after price-cut refusals. He cites delivery costs and credit terms as drivers of his collapse and the cleaners’ firm stance on price raises.
MENTIONED IN THIS ARTICLE
Washington
Myman, Diener
Diener
Canadians Not To Be Deported In Connecticut River Job
Deportation actions against 42 Canadian workers on the Connecticut River Development Company project near St. Johnsbury Vermont were dismissed for almost all. Immigrant officials cited no grounds to press charges, with findings approved by Secretary Davis. The piece notes union labeling affects both unfair and fair employers and competition.
MENTIONED IN THIS ARTICLE
Labor Department
Connecticut River Development Company
St. Johnsbury
Montreal
The
Immigration Service
Connecticut River
Davis
A F L Representatives Seized and Threatened in Elizabethton
Labor leader Edward F. McGrady and United Textile Workers official Alferd Hoffman were seized by a mob in Elizabethton Tennessee driven from the city and threatened with death. AFL President Green pledged to send McGrady back and to visit personally if needed, demanding protection and swift punishment for the attackers.
MENTIONED IN THIS ARTICLE
Washington
2. C
Lee N
Aday
North
South Carolina
Edward F. McGrady
American Federation of Labor
Elizabethton
Tenn
Alferd Hoffman
United Textile Workers
J. B. Pinex
A. F. of L
William Green
Mr. McGrady
Green
Horton
Tennessee
American Federation of Labour
Lynnwood
Labor
McGrady
Business Men’s Committee
Bristol
A. Hoffman
United Textile Workers of America
A. F
L. Rep
A. P
North Carolina
Garganias J. 2. White
FS. Stubbs
Garman Corporation
Gev
Henry H. Horton
Mc McGrady
Hoffman
President Green
Tremessee
Rayon Strike Ends as 400 Workers Return to Work
Four hundred employees of the Industrial Rayon Corporation ended a week long strike by returning to work after a settlement reached in a conference between firm officials and a striker committee.
MENTIONED IN THIS ARTICLE
Cleveland
Industrial Rayon Corporation
Philadelphia Textile Unions Plan Conference on Textiles as Community Problem
Northeast Philadelphia textile workers organize a two day conference on April 27 and 28 at Kensington YWCA to discuss unemployment and industry factors. Sponsors include United Textile Workers of America with Labor College of Philadelphia arranging. Notable speakers from federal agencies, universities, and industry attend, with sessions Saturday and Sunday focusing on specific factors and the community impact.
MENTIONED IN THIS ARTICLE
Philadelphia
Labor College of Philadelphia
Gorton James
Department of Foreign and Domestic Commerce
United States Department of Commerce
Ethelbert Stewart
U.S
Henninger
University of North Carolina
Richard Landsburg
University of Pennsylvania
Philip Burkett
St. Joseph’s College
Thomas McMahon
United Textile Workers of America
John Snowden
Rochester Union leads sanitation drive against dirty barber shops
Rochester Union No. 146 campaigns against shops using soiled towels. Warrants issued for non union barbers found guilty, with police and public safety cooperating. Patrick Reagan leads the effort, promising continued action until all offenders are arrested.
MENTIONED IN THIS ARTICLE
Rochester
N.Y
Patrick H. Reagan
Barbers' Union
Commissioner of Public Safety
Reagan
Union barbers campaign for sanitation airs on WHEC
Radio station WHEC recently broadcast information about the union of barbers pushing for sanitation reforms. The coverage highlighted aims, organizing efforts, and community impact. Organizers urged support and described proposed standards for cleanliness and public health.
MENTIONED IN THIS ARTICLE
Union Barbers
WHEC
Radio broadcasts on Florida child welfare law
Florida parents will learn via radio about laws protecting children. The University of Florida at Gainesville announces a series on juvenile courts child labor compulsory school attendance mothers pensions and state care of dependent and delinquent children. One program will discuss suggested changes to improve current laws.
MENTIONED IN THIS ARTICLE
Florida
University of Florida At
Guineaville
Springfield House Passes Old Age Pension Bill
The Springfield House of Representatives approved the Soderstrom old-age pension bill urged by organized labor. Senate supporters say they will push for an early vote to advance the measure.
MENTIONED IN THIS ARTICLE
Springfield, Lil
House of Representatives
Soderstrom
Organized Labor
Senate Friends of
Also Mentioned on This Page
Sanp
Hamilton Gravel Co
eAne
WEVER
A. F. of
Green Wires
Business Men's Committee
J. B .Penix
Penix
Union
South Third ST
Rochester Union
He Hoover