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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Mar 06, 1933
Page
1
In the darkest banking crisis, Franklin Roosevelt is inaugurated amid cheers. He signals readiness to use emergency powers and call Congress into a special session if needed to address the crisis and reform malpractices in banking and business.
A temporary nationwide bank moratorium spread across the United States following early proclamations by Governor Hander of Illinois and Bhrsvor Lehman of New York. Bank holidays expanded rapidly, with 40 of 48 states adopting measures. by nightfall most states except Delaware had some form of control in place.
fragmentary report notes turbulence in Wall Street trading and grain exchanges as the public debates currency aid and gold reserves. references to Jett Fork Central and New York banks appear amid unclear convoluted lines about a 4,000,000 figure and political reactions to a governor's race.
A scrambled report cites US gold embargo talk affecting New York traders and wartime policy. It references European demand, potential withdrawal plans, and large gold holdings in the era, with mentions of Perry and Limton in context of market reactions.
In London the banking markets halted amid a surge in demand for currency. The London Exchange Committee set new rules and instituted metering on New York dollar quotations, signaling a cautious stance by bankers and regulators during the instability.
Saturday reports say Secretary of the Treasury Mr Woodin summoned Federal Reserve Bank officers and national business leaders to meet him on Sunday to discuss the financial situation. Roosevelt had Cabinet officers present at a late Saturday study session setting a precedent.
A fragment of British reaction to American developments is described with mixed tone and unclear details. The text references New York banks, dollar quotes, and shifting markets amid broader wartime anxiety. Strong entities include The United States and New York banks. local reactions and headlines are implied without clear events or dates.
Canadian banks remain liquid and capable of meeting demand, according to the minister. The statement, delivered on a Burrdday, asserts the banks’ strong position within the United Amulet system and emphasizes no sanctions will affect their stability.
Tidal wave and earthquake devastate Japanese coast killing over 1,500, with nearly 950 missing and 392 injured. Thousands of homes collapsed or destroyed and 1,475 fishing boats missing as waves swept villages. rescue and relief efforts underway across affected prefectures near Tokyo.
Report from London indicates analysts expect the Hitler faction to gain influence as the Reichsvertretung election proceeds. Proponents insist the coalition led by Hitler may resist Papen and Hugenborn, while other parties worry about a Nazi rise shaping German policy and foreign alignment.
A London editor argues that failure to curb nuclear threats will bring far reaching consequences. He urges government cooperation with the opposition to avert disasters and stresses swift leadership changes and decisive moves by Min the Prime Minister and John Linton to secure urgent measures.
The Ot Of the Chamber of Manufacturers argues that Britain has spent about 14,000,000 on the dole since 1922 and would have accelerated Empire industrial development if capital had been invested in industry. The piece contends British workers suffer under compulsory depression while capital could have spurred growth.
Fragmented report outlines wartime policy talks with references to emigration, population concerns, and Dominion responses. Notes British and Australian positions on defending the empire, airing fears of invasion and the strategic value of emigration limits. Mentions Str Bennett and John Mmen in a discussion on maintaining imperial unity and defense.
Chinese forces retreat southward as Chengte, capital of Jehol, falls to Japanese troops. Manchukuo gains ground, with Chifeng Lingyuan and other key posts captured. Japanese air and ground operations push toward the Great Wall while Chinese resistance collapses amid pursuit and confusion around Peiping and Shanghai.
Frightened Chinese troops flee eastward fearing Japanese pursuit as bombers strike. Thousands rush toward escape routes near the Great Wall while roads clog with panicked civilians and military.Japan air units bomb Chengte and push back defending forces in harsh winter conditions.
A chaotic military collapse surrounds General Tang and troops as surrender is refused and a pursuit begins. Chang Meush and Chang Heven Lieng are named to face consequences while peacetime images of Peiping drift into ruin. The nation reels from shortages and threats of mass punishment as troops advance.
The Minister for Labour Mr Wi A Barden announced in Vancouver that a total of 20,400,000 dollars would be provided by the Dominion for dinner relief to the facut year. The Prime Minister Mr Henry Bennett said relief expenditure options were uncertain and the government could not earmark 10,000,000 dollars for any specific use. Opposition Leader Mackenzie King urged restraint on public money and called for parliamentary debate on future financing.
In Sydney a child was poisoned after a meal, sparking a violent reaction and a police post mortem. Report notes controversy over costs and private corporation funding while a political altercation over statements and government estimates unfolds among officials including Mr Bennett and Mr Mackennin.
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