Soong Chiang Free in China Ties to Premier Power Play
News wires report T V Soong and Chiang Kai-shek freed after Chiang’s release by Marshal Chang who apologized and pledged leniency. Soong may become premier potentially shifting policy toward stronger anti-Japanese stance and affecting U S and Japanese relations amid ongoing civil war risks.
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Journalist Arthur Brisbane Dies at 72 in New York
Arthur Brisbane, renowned editor and writer known for Today and This Week, died at his New York residence of coronary thrombosis at seventy two. Born in Buffalo he rose from New York Sun reporter to London correspondent and spent 39 years with William R Hearst. Funeral services were held in New York with honorary pallbearers led by Vice President Garner.
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Airliner crashes near Oak Mountain. twelve killed
A United Air Lines twin motor Boeing on the San Francisco to Burbank route crashed into a ravine near Oak Mountain, twenty miles from Burbank California. All twelve aboard died, including three of nine passengers who were women.
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Pope Pius S condition Worsens at Vatican
The Vatican reports Pope Pius XII is growing worse with advancing paralysis left side and arm. physicians admit no further medical aid can help. After Christmas Eve radio message the pontiff reportedly fainted.
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Pope Pius
Vatican
Outlook for farmers improves says M I Myers head of farm credit
The year end report by M I Myers head of the Farm Credit Administration shows a bright financial outlook for farmers in 1936 with ample credit and improved conditions across cooperative systems. The summary highlights steady gains in farm credit access and stabilization efforts aiding rural incomes and production.
MENTIONED IN THIS ARTICLE
Farm Credit ‘Administration
Roosevelt to Ask Congress to Broaden Neutrality Powers
The Supreme Court ruling on the Chaco arms embargo case prompted President Roosevelt to seek changes to the neutrality law, granting broader discretion in dealings with foreign governments. Officials hailed the decision as a sweeping approval of New Deal policy and the reciprocity program, still untested.
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Chaco
Roosevelt
Congress
State Department
Tribunal
Program to Curb Credit Inflation Announced
M. D. Eccles and Marriner Eccles unveil a plan to curb credit inflation likely to involve about 1 billion dollars in borrowings in 1937. Officials say annual gold inflows of roughly a billion dollars will be removed from the money market to offset domestic credit effects. The scheme aims to hold excess reserves steady, preventing an inflationary credit boom. Dies in Washington. 1 [EOND. FES: former sent
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Federal Reserve Board
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Debates Over NRA Substitutes Split on Constitutional Route
Washington commentary compares Senator Joseph C. O’Mahoney and Donald R. Richberg plans to replace the NRA. The O’Mahoney approach would federalize interstate corporations via licenses and wage rules. Richberg’s proposal uses industry specific rules enforced as federal law. The piece notes Supreme Court questions, echoes fears of spendthrift policy, and discusses broader shifts in Roosevelt administration strategies and inflationary pressures.
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Real Tommy Atkins and the phrase it’s all in the day’s work
Kipling links Tommy Atkins to the soldier’s famous line spoken by a dying Private Thomas Atkins after a battle. The duke of Wellington, then a young officer, heard the salute and carried the motto as a standard for British soldiers.
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