Dramaticair romance at Detroit airport and Chicago links
Sally Alliston navigates a tense weekend involving Philip Wingate and Catherine Wingate while plane crew tensions simmer. Mike White and Jimmy Kennedy clash over trust and love as Dronda Moore enlivens a party with a showy performance.
MENTIONED IN THIS ARTICLE
Philip
Catherine
Wingate
Chicago
Sally Alliston
Air Field
Mike White
Paul Frick
Mike
Jimmy
Sally
Detroit City
Hell
Reserve Banks End Wartime Discount Rate
The boards of the Federal Reserve Banks of Philadelphia New York and San Francisco vote to discontinue the wartime preferential discount rate for member banks. The Board of Governors approves the discontinuance of the one half of 1 percent rate on advances secured by government obligations due or not callable.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
Philadelphia
New York
San Francisco
Board of Governors
Pectoral Reserve System
Federal Reserve Critiques Preferential Rates and Bond Speculation
The Board of Governors says preferential rates encouraged banks to borrow from Federal Reserve Banks to hold or buy Government securities or lend at low rates for the same purpose. While justified early in the War, this policy has led to speculation in Government securities and unwarranted expansion of the money supply through monetization of the public debt. The Government’s program no longer seeks bank expansion.
MENTIONED IN THIS ARTICLE
Harvard
Grandfather
Philip
Cogral
Sally
Jethrop
Catherine Wingate
Federal Reserve Banks
Board of Governors of
The
Federal Reserve System
Monetary policy plan to curb inflation debated
Debates over a proposed policy aim to halt additions to the monetary supply and reduce inflationary pressure. The text discusses methods to finance war expenditures while controlling money growth, signaling a shift toward measures expected to temper price increases.
Also Mentioned on This Page
Norma Newcomb
Tle
Boston
Philips
Phil
Darling
Paul
Dronda Moore
Wasson
Jimmy Kennedy
Central Park
Helen Stafford
Helen
Jimny
Bill Burke
Dronda
Mr. Cassidy
Humphreys
FERY
Bae Kee Eteie Rast
NC Coiepeieeres Ey
Enei Stee EU Tioay Nee Ements
SeCrist
W. Secrist
Tzrms Cash
Easton
Maryland
Valliant’s
Bellevue, Md
W. H. Valliant & Bro
Bellevue
St. Michaels
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