New Government Lending Plan Faces Skepticism and Politics
Analysts warn the $4.5 billion Roosevelt lending plan may falter as experts cite thin stimulus impact and political timing for 1940. The proposal would fund self liquidating projects with securities and loans totaling about $2.96 billion, amid fears of fiscal strain, municipal debt limits, and uncertain recovery outcomes.
MENTIONED IN THIS ARTICLE
Congress
North Carolina
Josiah W. Bailey
U. S
Roosevelt
Crats
FHA
Adolf Berle Jr
South America
Scandinavian
Turkey gains Hatay in Mussolini lesson balance of power
The piece notes Turkey secured the Hatay region from Syria under a French mandate, a strategic gain not justified by league rules, as Mussolini’s aims show Turkey can win via negotiation. It contrasts French resistance to Italy on Suez rights and the Addis Ababa Djibouti railroad with Ankara’s success and Bulgaria’s isolation. It then shifts to U.S. fiscal planning with July 1 start and large navy and shipbuilding appropriations for 1940, outlining bases and ships under construction in 1940.
MENTIONED IN THIS ARTICLE
Balkans
Bulgaria
Russia
Britain
Mussolini
Turkey
Republic of Hatay
Syrian Alexandretta
League of Nations
France
Italy
Addis Ababa- Djibouti
Tunisia
U. S
Congress
San Juan
Puerto Rico
Kaneohe
Pearl Harbor
Hawaii
Sitka
Kodiak
Alaska
Midway Island
Johnston Island
Palmyra Island
Rear Admiral Yarnell Ends Long Service With Sharp Note
Rear Admiral Harry E. Yarnell, head of the U S Asiatic fleet and longtime U S Far Eastern emissary, sent a brusque message from Shanghai to Tokyo asserting U S protection of its citizens and denouncing Japanese encroachment. The veteran officer, nearing retirement in July, has long endured disputes with Japan since the Chinese war and World War I.
MENTIONED IN THIS ARTICLE
Harry Yarnell
Shanghai
Tokyo
Japan
Occidentals
Orient
Harry E. Yarnell
Towa
America
Yarnell
Eveleven
Vera Cruz
U. S. S. Nashville
Thomas C. Hart
Anglo U S barter pact boosts wartime stocks
The United States and Britain approve a barter treaty to exchange cotton and rubber to prepare for wartime shortages. The plan uses 600,000 bales of American cotton as security and 85,000 tons of rubber for military needs, with seven year reserves and potential future barters for tin chromium and manganese.
MENTIONED IN THIS ARTICLE
Britain
U. S S
U. S
America
U. S.S
Germany
Dust Bowl Recovery Brings Hopeful Rain After Dry Years
The piece notes how the Dust Bowl struck the Panhandles of Texas and Oklahoma and surrounding states in 1936, leaving 16 million acres blown bare. Reclamation efforts cut blown land to 800,000 acres, with contour farming and vegetation reducing erosion. Wheat production is expected to rise from 4 million to 15–25 million bushels as rain returns.
MENTIONED IN THIS ARTICLE
America
Panhandles
Texas
Oklahoma
New Mexico
Colorado
Kansas
Plains
Nebraska
North and
South Dakota
Wyoming
Montana
Pedestrian Safety urged as deaths rise in 1938
The National Safety Council warns pedestrians face high fatality rates in 1938 with three fifths of traffic deaths involving pedestrians. Two thirds violated traffic rules and thirteen percent had been drinking while nine percent of drivers were drinking. It calls for pedestrians to obey signals and for more sidewalks.
MENTIONED IN THIS ARTICLE
E.ceit
National Safety Council
Leslie J. Sorenson
U. S
Earl Long vows purge to save family political machine
Earl Long plans a purge of the political machine built by his late brother Huey Long to preserve a tight organization amid dissension. The first to depart is Dr. James Monroe Smith, named president of the State University by Huey Long, with tenure through at least late July.
MENTIONED IN THIS ARTICLE
Richard W. Lewhe
Huey Long
Earl
James Monroe Smith
Hu Long
I. State University
Serious Mien Required to Cure Hysteria
Dr James W Barton reviews hysteria in a hospital patient misinterpreted as a fit. He outlines four criteria to prove no organic cause and to uncover underlying causes such as inferiority complex. The article advocates serious medical evaluation and removing the patient from triggering surroundings.
MENTIONED IN THIS ARTICLE
James W. Barton
Patera
Barton Hall
Liverpool
Patients Should Tell Story
A physician treats anxious patients without organic illness by allowing lengthy narratives about family business and social life. This approach builds trust, reduces fears, and enables targeted advice such as rest, time off, or a change of scene. no medical cause found means counseling replaces specialist referrals.
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