Federal Reserve System and its political risks explored
A historical reflection on the Federal Reserve Act. The piece argues the Fed’s aim to manage currency with nonpartisan expertise, warns against political interference, and cites the early banks as lessons. It emphasizes preserving the system as a strong, unbiased banking framework serving the nation.
MENTIONED IN THIS ARTICLE
Federal Reserve System R
Federal Reserve Act
Federal Reserve System
First Bank of the
United States
Second Bank of
Civil Service Reform Plan Aims to End Slempism
A National Civil Service Reform League committee led by W Dudley Foulke recommended replacing the Slemp Howard pay as you enter plan with a merit based system for appointing postmasters and rural carriers. The group urged restoring first on the eligible list as the norm and questioned patronage under President Coolidge. The Louisville Courier Journal notes the president’s past remark about patronage and patriotism in light of Slemp.
MENTIONED IN THIS ARTICLE
National Civil Service Reform League
W. Dudley Foulke
Coolide
C. Bascom Slemp
Slemp
Howard
Civil Service Reform League
Slemp - Howard
Wilson
Harding
Making Capitalists Out of Workmen
The piece argues workers should become capitalists by saving and building reserves. It claims financial stakes align labor and capital, praises the Federal Reserve and gold standard, and urges bank advertising to promote savings as a path to reducing labor waste and increasing production. Festus agrees.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Festus
Boost in Cotton Adds $75,000,000 to Crop's Value
In New York on Sept 17 cotton prices rose from 150 to 152 points about $7.80 a bale, lifting the crop value by roughly $75 million for the South per government estimates. Heavy rains in Texas and Oklahoma threaten field movement and may force further reductions. Export shipments reached 177,000 bales.
MENTIONED IN THIS ARTICLE
New York
South
Texas
Oklahoma
Record Exports Worth Over Two Million Dollars From Texas Ports
From two Texas ports to Europe, one of the heaviest single day's exports on record. Based on today's prices, the shipment represents a value of over 2 million dollars.
MENTIONED IN THIS ARTICLE
Texas
Europe
New Laxative Lungardia Liverguard Promotes Health
The Home Guards Liverguard and Lungardia Liverguard are advertised as a superior laxative. The copy claims it relieves coughs colds sore throat and deep long standing coughs with a single trial. Sold at Turner's Square Drug Store.
MENTIONED IN THIS ARTICLE
Livergard
Lungardia Livergard
Lungardia
Turner's Square Drug Store
Fire narrowly averted at Rockdale refinery
In Rockdale Milam County Texas on September 17 quick action by refinery workers prevented a major blaze at the Austin Pede refinery. Fire crews contained the incident as plant personnel halted spread and isolated the source of ignition.
MENTIONED IN THIS ARTICLE
Rockdale
Milam County
Texas
Austin
Refined near Rockdale back in operation after fire
A petroleum company near Rockdale faced heavy damage from a fire when a hole burned in the still bottom and fuel oil ignited. Frank Taylor and helpers shoveled in sand to smother the blaze, preventing a larger explosion as tanks remained charged. refinery to resume operations in a few days.
MENTIONED IN THIS ARTICLE
Troleum Company
Rockdale
Frank Taylor
Also Mentioned on This Page
Craig B. Hazlewood
President Association of
Reserve City
C. B. Hazlewood
Festus J. Wade
Star Car
Star Cars
Barmore-Shires Motor Company
STAR
Durant Cars
Cameron, Texas
KHK
E. Brogdon Life Insurance
Herald Office
Campbell’s
Armour
Mars P. & G
C. W. Soan
Ace Tomers
Cas
J. E. Middleton
Ford
P’eekly Porshese
Hiubert Eile
Amie Cameron
Pexas
THE
Peter Company