Hoover Urges Tax Cuts and Banking Reform to Boost Recovery
President Hoover calls for a balanced federal budget, major banking system overhaul, and international economic cooperation. He outlines reductions in appropriations, continued furloughs with pay cuts above $1,000, and elimination of veteran aid redundancies to stabilize the economy and restore confidence.
MENTIONED IN THIS ARTICLE
Congress
Federal Reserve System
Reconstruction Finance Corporation
Farm Loan Banks
Treasury
Panama Canal
Great Britain
Canada
Federal Reserve Act
Reconstruction Corporation
United States
Iiews
Det
Ainee
Con
World Court
St. Lawrence
Hoover outlines three directions for immediate economic action
President Hoover urges rapid government cutbacks, banking system reorganization, and broad international cooperation. He calls for continued furloughs for federal workers, a temporary 11 percent salary reduction above 1000 dollars, and widened excise taxes. He warns the banking system must reform to end credit strangulation.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Congress
Government Principles for Problem Solving in Weeds
An editorial fragment argues that weed control hinges on citizens meeting strict standards and following a defined governmental model with a unique history. The note hints at continuation on another page, indicating a broader discussion across sections.
Also Mentioned on This Page
Senate
House of Representatives
Union
America
Nore
U. S
Indus
Wees
Ene
Veterans’ Services
Federal Farm Loan
Joint Stock
Kitterman
Cedar Rapids
Third Ave. W
Nash
G. E. Bicklehaupt
Anderson Bros
ackard—Nash
First Avenue
Potato Market No
Ist Avenue NE
DIAL
Ist Avenue SE
LYNX
McCallum and Dexdale
Daniel Green
Bevans