Snyder Sees Continued Prosperity Amid Cautious Finance
Treasury Secretary John W. Snyder told the National Credit Conference that there is no reason for a mood of fear and that prosperity should continue. He warned bankers to avoid inflating credit and cautioned about loans that could spark boom bust cycles while noting ongoing shortages in steel metals and labor.
MENTIONED IN THIS ARTICLE
Chicago
Treasury
John W. Snyder
National Credit Conference
American Bankers Association
Snyder
New York Stock Exchange
Ice Halts Endurance Flyers After 568 Hours in Flight
In Indio California two endurance flyers Dick Riedel and Bill Barris ended their flight after 568 hours 47 minutes aloft since November 20 due to ice on the carburetor forming at 800 feet. They decided continuing was dangerous.
MENTIONED IN THIS ARTICLE
Indio
Calif
Dick Riedel
Bill Barris
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