Inflation a Slow Process Warns Banking Official
New Brunswick New Jersey A former Cleveland Trust vice president Leonard P Ayres told the Graduate School of Banking that inflation will be a slow process if it comes and could require a policy of flat money. He warned about prolonged credit expansion and noted Europe’s experience with deficits funded by government bonds. Ayres outlined five conditions for inflation including sustained business activity rising stock markets real credit growth gold outflow and persistent budget deficits.
MENTIONED IN THIS ARTICLE
New Brunswick
N. J
Leonard P. Ayres
Cleveland Trust Company
Graduate School of Banking
American Institute of Banking Section
American Bankers Association
Rutgers University
Pank
Ayres
Germany
France
Belgium
Italy
Lkely
Europe
Colonel Ayres
Prophecy of a decade of economic change cited by writer
A prominent business writer outlines ten expected developments for the next decade including higher living standards, advances in production technology, factory built housing, cheaper money, faster travel, radio printed news, a mechanical cotton picker transforming the South, cheaper electric power, better goods distribution with more chain stores, and a future inflationary boom after a brief low mood in five or six years.
MENTIONED IN THIS ARTICLE
South
Why Some Farms Yield More Than Others
A farm authority says power machinery soil science crop rotation and economical feeding unlock higher yields. The question contrasts farms producing 100 bushels of corn per acre and 100 pounds of pork from five bushels with neighboring farms yielding far less.
Oasis writer wins national country news prize
Prize Rural Writer from Oasis Mo a village of 27 inhabitants has won first prize as the best country newspaper correspondent in the nation The award is given annually by The Country Home a national farm magazine and she stood first among 1581 contestants
MENTIONED IN THIS ARTICLE
Oasis
The
Country Home
Youth at the Wheel Warns of Young Driver Dangers
An insurance publication cites an astounding percentage of automobile deaths caused by underage drivers. Parents often excuse their own children Jim and Sally, despite belief youths lack prudence behind the wheel. The piece notes younger drivers crash more and more severely due to speeding, curve passing, wrong-way travel, weaving, jumping signals, and gunning engines.
MENTIONED IN THIS ARTICLE
Jimimie
Sally
Parents urged to curb underage driving on busy streets
A cautionary essay warns that reckless driving by youths harms innocents and harms families. It calls for parents to delay driving age, enforce supervision, and ensure legal ages are observed amid calls for stricter authorities action.
Campaign to bar underage drivers on streets and highways
The text urges a continuous insistent campaign to bar under age drivers from streets and highways, arguing that if implemented thousands of automobile accidents will be eliminated.
Also Mentioned on This Page
Arnal
Melvin & Johnson, Inc
Col. Ayres
Mary Elizabeth Mahnkey
Ford
Fred Waring
IHS
Death Valley
Conoco
TOMMC
Vahl
Nauvional Remedy CO
Weat
15Th Stree, New York
Aern
Electrolux
Ath
Kornene Dilectrulax
M. K. Newnam Denton, Md
Harrington
Delaware
Kent and Sussex Fair and Exposition
Inc
ALL Products OF
Basile
Madison Square Garden Band
Diamond Revue
Cetlin & Wilson
Mammoth
Jarness Racing
M. K. Newnam
Moxey Tolert
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