Roosevelt Inaugural Shapes Nation Amid Banking Crisis
The piece frames Roosevelt’s inauguration as pivotal, with the banking crisis driving urgency for a new deal. It notes Roosevelt’s resolve to use executive power, the risk of dictatorial power if Congress fails, and the public’s mixed reactions including a reader’s critique of Iowa University coverage. It recalls Edward Marshall’s wartime journalism and a letter urging balanced thought against public robbery rhetoric.
MENTIONED IN THIS ARTICLE
Roosevelt
Congress
Iowa University
Paper money plan moves banks toward reopenings
New York bankers and officials seek to end bank moratoria by issuing clearing house certificates in 5, 10 and 20 dollar denominations the aim to circulate by Monday night for Tuesday reopenings. Governors and federal officials weigh legal tender status and gold export limits amid a broad banking holiday crisis.
MENTIONED IN THIS ARTICLE
New York
America
New York Clearing House
United Press
Washington
Federal ‘Reserve
Pennsylvania
Philadelphia
United States
Herbert H. Lehman
Clearing House
Lehman
New York City
Wall Street Journal
New York Federal Reserve Bank
East Bankers Await Action On Resuming Business
Bankers in Cedar Rapids and Iowa debated when to resume operations awaiting New York and Chicago decisions. President Roosevelt planned morning talks with administration leaders and bankers to speed a federal plan to safeguard depositors, with clearinghouse plans expected post Washington conference before local resumptions.
MENTIONED IN THIS ARTICLE
Cedar Rapids
IoWa
New York
Chicago
Roosevelt
Washington
Garner Tackles New Job With 12 Line Speech
Washington (UP) John Nance Garner, longtime Texas legislator and country lawyer, was sworn in as vice president of the United States. He delivered a twelve line, softly humorous speech, pledging to cooperate and help conduct Senate business. Garner, 64, is a banker and rancher from the Fifteenth Texas district, first elected after carving the district from a predecessor. Charles Curtis administered the oath as Hoover and Roosevelt looked on.
MENTIONED IN THIS ARTICLE
Washington
John Nance Garner
Texas
Ee Crexin
Senate
Garner
Capitol
Dawes
House
Charles Curtis
Hoover
Roosevelt
Congress
Wisconsin to reopen banks Wednesday after holiday end
Wisconsin bank officials say a mixed cash and scrip plan will reopen banks on Wednesday if national plans do not supersede. The 14 day bank holiday ends as federal reserve banks close Monday and Tuesday delaying the restart to Wednesday morning.
MENTIONED IN THIS ARTICLE
Madison
Wis
Wisconsin
Federal Reserve Bank
Inauguration of Roosevelt Heard by British Royalty
The inauguration was heard Saturday by the royal family and high British officials. The king and queen listened at Buckingham Palace, the Prince of Wales at Fort Belvedere, and Prime Minister Ramsay MacDonald heard it at Chequers Court.
MENTIONED IN THIS ARTICLE
London
Roosevelt
Buckingham Palace
Prince of Wales
Fort Belvedere
J. Ramsay MacDonald
Chequers Court
Lloyds Odds 1 To 5 U.S. Will Quit Gold
Lloyds quotes three month policies at 20 guineas per cent against the risk the United States will abandon the gold standard. The odds are 1 to 5 that the United States quits the gold standard before June.
MENTIONED IN THIS ARTICLE
Lloyd’s
U.S
London
United States
Hoover Leaves White House for Private Life in New York
Herbert Hoover arrived in New York after the inauguration ceremonies for Franklin D. Roosevelt and prepared to spend days handling private business. A large crowd greeted him at the Waldorf Astoria while his party split at Philadelphia for Palo Alto. Hoover, lighter by twenty five pounds, was described as cheerful and physically fit.
MENTIONED IN THIS ARTICLE
New York
Herbert Hoover
Hoover
Washington
Roosevelt
Philadelphia
Ray Lyman Wilbur
Palo Alto
St. Louis
Waldorf-Astoria Hotel
Mr. Hoover
Lawrence Richey
Allen Hoover
Americans Grin At Bank Holiday Across Nation
Chicago reports a cheerful bank holiday with humor and neighborly spirit as banks closed nationwide. Oklahoma governors clash with bankers over closures while Calumet State Bank opens in Indiana amid a crisis. Michigan residents continue normal activities despite the holiday. This section continues on page 3.
MENTIONED IN THIS ARTICLE
Chicago
America
Oklahoma
W. H
Alfaira Bill
Murray
H. H. Champlin
Rich Enid
Okla
First National Bank
Champlin
Idabel
Indiana
Hammond
Ind
Calumet State Bank
Calumet State
Mercantile Bank
Scee Board of Trade
Michigan
Delaware Last State To Declare Holiday
Wilmington banks will remain closed until further notice Gov D Buck announced Delaware becomes the last state affected by banking restrictions Otto Nowland president of the Wilmington Clearing House Association said the banks are sound but the national situation forced Delaware to act.
MENTIONED IN THIS ARTICLE
Wilmington, del
Llp
Delaware
Cermak Condition Turns Critical Again
Miami mayor Anton J. Cermak's health deteriorated to critical and surgeons prepared for a pleural tapping. He was moved from the oxygen room to Jackson Memorial Hospital's operating room as family and aides waited nearby for updates.
MENTIONED IN THIS ARTICLE
Miami
Fla
Anton J. Cermak
Jackson Memorial
nave-Osen-allent
James
Bowler
Chicago
Europe Feels Direct Effect Of U S Holiday
The Associated Press reports that dollar transactions were suspended across major European capitals amid U S bank holidays. Banks restricted checks, exchanges halted quotes, and some nations eyed gold backed currencies while others kept options open.
MENTIONED IN THIS ARTICLE
Europe
U.S
Associated Press
London
Paris
Berlin
America
Rome
Madrid
Brussels
Amsterdam
Berne
Copenhagen
Havana
United States
Winnipeg Grain Exchange
Debt Moratorium Declared in South Dakota by Gov Langer
Governor William Langer proclaimed an indefinite moratorium on all debts and legal matters in South Dakota to aid citizens affected by the bank holiday. The move suspends collection actions and related obligations amid economic disruption.
MENTIONED IN THIS ARTICLE
Bismarck
N. D
William Langer
Banking restrictions vary across states amid ongoing disruptions
The report lists states with different banking statuses Saturday and Monday. Delaware and several others show open or restricted withdrawals, while many major states and DC report closures or broad restrictions. A total of 36 states are noted as closed or heavily restricted, reflecting widespread upheaval in the banking system.
Twenty Die As Porto Rican Flood Hits Mayaguez
In Mayaguez, Puerto Rico, the Yaguez River rose seven feet after heavy rains, flooding the town and killing twenty people. The disaster caused extensive property damage and left many homeless.
MENTIONED IN THIS ARTICLE
San Juan
Porto Rico
Yaguez
Mayaguez
Germans vote Sunday as cabinet stays intact
Berlin dispatch says Germans prepare for Sunday's vote to decide a new political course under Adolf Hitler. Officials insist the government remains unchanged regardless of the ballot. Reports from across the country cite bonfires and torchlight processions even as seven deaths in campaign clashes are tallied.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Republic
Adolf Hitler
Rhine
Ernst
Oberfehren
Reichstag
Herr ‘Oberfohren
Deputies Acquitted In Illinois Torture Murder Trial
In Petersburg Illinois Deputy Sheriffs Ernest L Fleming and C O Skinner were acquitted after 23 hours of deliberation in the torture murder case of Martin Virant found hanged in Tazewell County Jail Pekin.
MENTIONED IN THIS ARTICLE
Illinois
Petersburg
Ill
Ernest L. Fleming
C. O. Skinner
Martin Virant
Tazewell County
Pekin
Coe Band Leads Iowa in Inaugural Parade
The Coe college band of sixty received a big ovation as it led the Iowa delegation past President Roosevelt along Pennsylvania Avenue. The group, in cadet uniforms, placed eighth of thirty three bands in a contest. Governor Clyde Herring and party rode in the first car, with other officials following as the parade moved over two miles.
MENTIONED IN THIS ARTICLE
Coe
Iowa
Washington
D. C
Coe College
Franklin D. Roosevelt
Pennsylvania Avenue
Clyde Herring
Army
Navy
Marine
Governor Herring
C. H. Grahl
Grahl
M. A. Tinley
Tinley
Louis Murphy
Henry Wallace
Department of Agriculture
Roosevelt
The President as Symbol and Servant Voice
A 1933 meditation on the President as a symbolic figure embodying the will and faith of a nation. It asserts reverence for the office, describes the President as our deputy and instrument of collective destiny, and emphasizes character, service, and fidelity to duty.
MENTIONED IN THIS ARTICLE
Serge
Ant
Sfaith
Thore
White House
Delinquent Tax Sale Postponed to Friday in Allegheny County
Sheriff Frank I Gollmar announced the delinquent tax sale in Allegheny County would be postponed to Friday due to Pennsylvania's two day banking holiday. Taxpayers with funds in banks would be unable to obtain cash to bid.
MENTIONED IN THIS ARTICLE
Pittsburgh
Allegheny County
Pennsylvania
Frank I." Gollmar
Japanese Advance Seizes Jehol City Quietly
Japanese troops invading Manchuria advance into Jehol Crook at 1130 hours meeting little resistance. An 128 man advance guard raised flags of Japan and Manchukuo and moved toward the Great Wall while Tang Yu Lin's forces retreated. Japanese planning calls for driving Chinese remnants from the province with the Great Wall set as southern boundary of Manchukuo.
MENTIONED IN THIS ARTICLE
Chinchow
Manchuria
Pingchuan
Jehol Crook
Japan
Manchukuo
Great Wall
China
Tang Yu-Lin
Kawahara
Jehol
Weather Outlook for Midwest and Plains Week
AP forecast for March 6 week calls for mostly fair weather in the upper Mississippi and lower Missouri valleys and the northern and central Great Plains. Temperatures expected near or slightly below normal across the region.
MENTIONED IN THIS ARTICLE
Chicago
Mississippi
Missouri
Great Plains
Roosevelt Calls for Quick Action to Save Nation Credit
President Roosevelt summons Treasury officials and Federal Reserve leaders to a Sunday meeting as he pledges rapid, decisive steps to restore banking confidence. The White House signals possible drastic measures, including a potential gold embargo and broad executive powers if the national emergency persists.
MENTIONED IN THIS ARTICLE
Roosevelt
Mane Kind
White House
the Treasury
William H. Woodin
Federal Reserve System
Congress
Wne
Roosvelt
Treasury
Stephen T. Early
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Fovenso
Frankli D. Roosevelt
New Jersey
Edward Marshall
Theodore Roosevelt
Rough Riders
Marshall
San Juan Hill
WM. C. Gorgas
Richard Harding Davis
New York Journal
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Mexico
English Channel
Russell Sage
Federal Reserve
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Prin
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Hitler
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