The Federal Reserve System and its challenges
An editorial discusses the Federal Reserve System as the nation’s premier banking framework, praising its wartime resilience and inflation handling while warning against political capture. It traces the history of the first and second banks, arguing their failures stemmed from political control of policy and urging ongoing independence and prudent management.
MENTIONED IN THIS ARTICLE
Federal Reserve System
African Congress
Federal Reserve Act
Bank of the
United States
Bank
Federal Reserve
Making capitalists out of workmen in Wade’s view
Festus Wade argues that savings turn a worker into a capitalist, urging bank advertising to foster wage earners to save, build reserve funds, and cut labor waste. He praises the Federal Reserve and currency reforms, claiming sound money reduced crises and that empowering workers to save will boost production.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Festus
Wade
Civil Service Reform Plan Aims to Abolish Slempism
A committee from the National Civil Service Reform League headed by W. Dudley Foulke urged replacing the Pay-As-You-Enter system with merit based appointments for postmasters and rural carriers. They accuse Slemp and his secretary Howard of office trafficking during Slemp’s congressman years and call for restoring the first on the list rule. President Coolidge’s stance on the proposal remains uncertain.
MENTIONED IN THIS ARTICLE
National Civil Service Reform League
W. Dudley Foulke
Coolidge
C. Bascom Siemp
Slemp
Howard
Civil Service Reform League
Wilson
Harding
Boost in Cotton Adds 75 Million to Crops Value
In New York on Sept 17 cotton futures rose from 150 to 152 points about 7.80 per bale. The day’s advance lifts the last government crop estimate by roughly 76 million dollars in southern wealth amid heavy rains in Texas and Oklahoma threatening grade and movement. An export shipment of 177000 bales was a notable feature.
MENTIONED IN THIS ARTICLE
New York
South
Texas
Oklahoma
Texas Ports Ship Record Exports to Europe Hit Value Over Two Million
From two Texas ports to Europe, or one of the heaviest single day's exports on record. On the basis of today’s prices this shipment represents a value of over $2,000,000.
MENTIONED IN THIS ARTICLE
Texas
Europe
Lungardia Livergard Laxative Promises Quick Relief
The Home Guards Livergard and Lungardia Livergard are advertised as the ultimate laxatives. Claims say Lungardia clears coughs colds sore throats and deep long standing coughs. Sold by Turner's Square Drug Store after a single trial convinces buyers.
MENTIONED IN THIS ARTICLE
Livergard
Lungardia Livergard
Lungardia
Turner’s Square Drug Store
Fire narrowly averted at Rockdale refinery
In Milam County Texas on September 17 a sudden blaze at the Rockdale refinery near Austin Peeve was checked by quick action of plant workers. No injuries were reported and equipment damage was contained to a small area as crews fought the flames.
MENTIONED IN THIS ARTICLE
Rockdale
Milam County
Texas
Austin
Refinery Near Rockdale Reopens After Fire
Fire destroyed a storage area at a petroleum operation near Rockdale when a hole burned in a still bottom caused fuel oil to gush out. Frank Taylor and helpers shoveled sand into the fire box to smother the blaze. The refinery will resume operation in a few days.
MENTIONED IN THIS ARTICLE
Troleum Company
Rockdale
Frank Taylor
Also Mentioned on This Page
Craig B. Hazlewood
Association of Reserve City Bankers
B. Hazlewood
Festus J. Wade
Star Car
Star Cars
Barmor
Shires Motor Company
Star, Durant Cars
Cameron, Texas
Rockdale Refinery
Ford
Hubert Hefley Motor Co
S E. Brogdon Life Insurance
Herald Office
Bell
Wichita
Campbell’s
Armour’s
Georgia
Mars P. & G
Ciswe
Tomers
E. Middl
THE
Peter Company
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!