Hoover’s Credit Plan Aims High But Skirts Purchasing Power
A Washington dispatch summarizes President Hoover’s message proposing a new $500 million corporation with up to $1.5 billion in debentures to juice credit for industry. It notes the plan raises bank power and neglects wages and labor rights while promising recovery and expanded public works to $70 million.
MENTIONED IN THIS ARTICLE
Hoover
Washington, D. C
ILNS
Congress
Finance Corporation
America
Family size in U S falls from 1890 to 1930
The average American family shrank from 4.9 persons in 1890 to about 4.1 in 1930, per the U S Bureau of the Census. The finding highlights a steady decline in household size over the period.
MENTIONED IN THIS ARTICLE
Washington
United States
U. S
Rail Unions Plot Strategy Over Wage Cut Fight
Chicago reports rail unions plan a joint strategy as wage cut pressure mounts. Leaders seek to resist a 10 percent cut while pursuing employment stabilization and a six hour work day with a year of guaranteed work.
MENTIONED IN THIS ARTICLE
Seu Eauee Tecesannuasse
Pinchot Sees Wealth Concentration Rise
Governor Gifford Pinchot told the District of Columbia League of Women Voters that wealth growth skewed heavily toward dividends and capital while workers gained little. He cited Dr Julius Klein showing real wages up 13 percent in the decade ending 1920, versus industrial and rail stock returns up 72 percent and dividends up 285 percent, warning this built toward disaster.
MENTIONED IN THIS ARTICLE
Washington, D. C
ILNS
Gifford Pinchot
Pennsylvania
District of Columbia League of Women Voters
Doctor Klein
Acting New York Governor Orders Protections for Workers
Acting Governor Lehman ordered public works, labor and health departments to guard workers on state projects after reports of unsanitary living conditions on the Attica prison job. Other cases on highway work near Glens Falls and Plattsburg were cited. A Buffalo paper accused employers of shoddy housing, high rents and misuse of wages. A local couple saves with a daily account book, but finances remain unsettled.
MENTIONED IN THIS ARTICLE
Albany
N. Y
ILNS
Lehman
Public Works, Labor and Health Departments
Buffalo
Attica
Glens Falls
Plattsburg
Atlanta Chamber of Commerce Seeks Fair Wages in Contractors
Atlanta Chamber of Commerce president Roy Le Craw writes Hugh Roberts urging an end to cut throat wage practices by Atlanta contractors. He advocates union wage scales, co operation among firms, and a declaration of intentions signed by about 300 local businesses to maintain fair wages while opposing wage profiteering.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Builders’ Organization
Atlanta
le Craw
Chamber
Atlanta Chamber of Commerce
Hugh Roberts
Also Mentioned on This Page
Hamilton
Fort Hamilton
E. H. Frechtling Co
Fort Hamilton Foods
Santa Claus
Chicago, Ill
Illinois Central
Southern Pacific Railroad
Chicago & Northwestern
Railroad Mediation Board
Pinchot
New York
Philco
Thor
Majestic Electric
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