Washington Passes Far Reaching Currency Banking Finance Law
A sweeping reform bill restructures the nation’s monetary system. It creates regional reserve banks to hold reserves, issues elastic treasury notes in emergencies, and requires national and state banks to join. It allows limited farm mortgage lending, opens foreign banking, and places final control with the federal reserve board.
MENTIONED IN THIS ARTICLE
Washington
Béc
Congress
New York
Chicago
St. Louia
Treasury
United States
Federal Reserve Board
Regional Reserve Banka
St. Louis
Disputed Points Adjusted in Senate-House Conference
Conference changes affect federal reserve structure and banking powers. Highlights include seven member Federal Reserve Board terms ten years. Alaska excluded. regional banks 8 to 12 with $4,000,000 minimum capital. stock limits and voting rights. director nominations and Class A B roles. 6 percent subscription by member banks. elimination of deposit guarantees and note use changes. reserves and vault rules. retirement bonds plan. board salaries raised to 12,000. terms extended to ten years. recess appointments expiry. and miscellaneous adjustments to liquidity and expenditures.
MENTIONED IN THIS ARTICLE
Dividanda
United States
Senate
House
Comptroller of Currency
Secretary of Agriculture
Federal Reserve Board
Alaska
Federal Reserve
Federal Reserve Bank
Federal Reserve Boan
Federal Board
Reserve Board
Federal Reserve Banks
Congress
Fundamentals of the Currency Bill Emerges
The proposed currency bill describes a government backed note system underpinned by gold reserves, regional banks capitalized by member banks, a market for negotiable paper, eight to twelve regional banks issuing currency, and a seven member Federal Reserve Board with broad control over the system.
MENTIONED IN THIS ARTICLE
Banke
Banka
Atreae
Federal Reserve Board of
Aevon
Bumped Self-Conceit in a Suburban Social
A Cleveland Plain Dealer column recounts a social gathering where a handsome, self-assured man known for singing in a glee club and choir is ridiculed after a pretty dancer chooses him to escort her home. She reveals she picked him for his loud holler, sparing him embarrassment.
MENTIONED IN THIS ARTICLE
Mr. Blank
Cleveland
Eruption Disfigured Face Prompts Treatment Claim
A 1911 case from Maurice Island details a five year old girl with a ringworm like eruption covered in watery blisters that caused itching and sleepless nights. After applying Culicura Soap and Ointment as directed, the condition improved and fully cleared in several months per a signed testimonial dated October 23 1914.
MENTIONED IN THIS ARTICLE
Maurice
Httle
Henry Pring
Peatcard
Dept. L
Boston
Duel in France Over Weapon Chooses Guillotine
An Irish challenger in France selects a weapon for a duel by tradition but his second insists the choice be a weapon familiar to Frenchmen. He replies with humor and proposes fighting with a guillotine, highlighting a clash of chivalry and grim spectacle.
MENTIONED IN THIS ARTICLE
Iriahman
France
Shure
Shillalahe
Indade
Mrs Twickembury Recalls Offensive Remark
Mrs Twickembury says she did not realize her words would upset a person in conversation. Winglow's Boothing Syrup for Children advertises relief for teething gums and associated discomfort, claiming to ease wind colic and related symptoms.
MENTIONED IN THIS ARTICLE
Mrs. Twickembury
Also Mentioned on This Page
Secretary of the Treasury
Pormittee
Regional Reserve Bank
Regional Reserve
Country Banke
Central Reserve City
Regional Reserve Banke
Nins
Federal
Reserve Bank
Federal Reaérve
United States Treasury
Samuel Pitem
Centaur Company
Castoria
Infante
Bears
Drogeieus
Dean
Estern
Canada
Mount Saskatchewan
Alberta
Ottawa
Arwoykion
Moremante Kia
Widg. Chien
M.v.melne
Ellergem Ars
Cure Iatian Goverment Agt
Carter
Arters
Book Absorbine, JR
W.F. Young
PD. F
Temple St
Springtiptd
Aes
Minnesota
Fred
Bherman
Dept. K
State Capitol
St. Paul
Minn
Bore Wilkes
Ayinta BaLua
Yeaah Sooke
N. U
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