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Cambridge Sentinel in Cambridge, Massachusetts

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Cambridge Sentinel

Location

Cambridge, Massachusetts, United States of America

Date

Apr 01, 1939

Page

2

Congress Weighs Social Security Reform In Budget Talk

Treasury secretary Morgenthau proposes a limited old age reserve fund and a trustee board to manage social security. He outlines four funding paths from 1 to 3 percent rate increases through 1950s, arguing for actuarial soundness and focused spending. Oswaldo Aranha’s Brazil debt plan and diplomatic signals cap a complex policy week.

Secretary of the Treasury Henry Morgenthau Jr House Weys and Means Social Security Arthur J. Altmeyer Social Security Board U. S Harry Hopkins Des Moines Garner Federal Reserve Marriner Eccles White House Savon Celle Kreeles Senate Eccles Morgenthau Treasury Congress Lewis

Trend and Risks in 1938 Baltic Shipping Insurance

Trend notes higher marine war risk insurance rates through the Baltic due to Adolf Hitler. SPIES reports rising foreign espionage activity in the United States, countered by federal agencies ready to cope at one hundred percent. TREES mentions the National Forest Service planting 140 million trees across 154268 acres in 1938.

Adolf Hitler Baltic Sea Frank Murphy U. S National Forest Service

Europe poised for Rome Berlin control and fallout

The piece argues that Europe will be dictated by Rome and Berlin as Nazi and fascist moves advance. It notes treaties with Slovakia Lithuania and Belgium, a Romanian farm and oil concession to Germany, and Rome's growing political economic sway amid a waning Western opposition. It highlights parallels to Napoleon and predicts France capitulation on Mediterranean demands. It also mentions U S neutrality expansion and Japan’s gesture regarding Caroline islands.

Solini Europe London France Slovakia Lithuania Belgium Carol Germany Romania Reich Hitler Rumania Russian Ukraine Napoleon Russia Spain Italy Paris Tunnisia Suez Canal French Djibouti Addis Ababa Ethiopia Rome Berlin England George Washington U. S Japan Caroline Islands Islands Britain

Resignation Rumors Shroud Treasury Undersecretary John Hanes

Forecast of John W. Hanes resigning as undersecretary of the treasury due to inability to bridge gaps between business and government. Report notes talk of a release related to Kurt Schuschnigg held by Germany since the Anschluss and mentions various personnel and political shifts.

John W. Hanes U.S. Treasury Kurt Schuschnigg Austria Germany University of Chicago Robert Maynard Hutchins Securities and Exchange Commission Supreme William Douge Hoehe U. S. Third Party Movement Philip LaFollette National

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