Understanding Sterilized Gold and U S Banking Tricks
The piece explains de sterilization of gold and how the treasury and federal reserve used sterilized gold to back credit. It outlines how gold deposits were turned into bonds to limit new currency and the subsequent de sterilization to free up lending credit as the economy recovered.
MENTIONED IN THIS ARTICLE
Treasury
Morgan Beatty
Washington O
Federal Reserve
U. S. Treasury
Federal Reserve System
America
Federal Reserve Bank
Senior Class Entertains Bancroft Students
Students of the senior class and school faculty were entertained at a May 3 event in Sioux Falls as part of activities by the South Dakota Federation's Clubs on Ways and Means of Reducing Traffic Accidents. Ruth Mary Morsey won second place in the contest. Peter Nel of Rapid City and Mrs Finley assisted with announcements by B A Dyar of Pierre. Games and cards provided entertainment, with refreshments served.
MENTIONED IN THIS ARTICLE
Huron
S.D. Fage
Bancroft
South Dakota Federatien
Lhexs
Ruth Mary
Wakonda
B. A. Dyar
Pierre
Eration
Public Safety
Rail Rate Revision Hearing Postponed in South Dakota
The South Dakota Board of Railroad Commissioners postponed a hearing on intrastate class shipments rules. The May 4 session was delayed after a Saturday conference at Huron with Class A motor carriers to allow time for agreement on rate adjustments.
MENTIONED IN THIS ARTICLE
Huron
Ckers
Scholars Start Bible Revision
CHICAGO May 2 PRA group of distinguished theologians undertook a five year task of revising the Bible to embody the best results of modern scholarship. The effort by the International Council of Religious Education aims to produce an official version. Dr William A Tewin of the University of Chicago noted the project to clarify obscure King James wording from 1611.
MENTIONED IN THIS ARTICLE
Chicago
PRA
International Council of Religious Education
William A. Tewin
University of Chicago
Dr. Irwin
Reserve Wheat For Insurance In Case Of Severe Need
Alfred Johnson outlines a national crop insurance plan for wheat to stabilize farmers’ income. A storage reserve funded by farmer premium wheat will be drawn upon for losses from drought, hail, rust, and other causes, with payments in wheat or cash. The program covers administration costs by the government, with details at local meetings in May and crop insurance forms available at county offices during the 1908 harvest.
MENTIONED IN THIS ARTICLE
Johnson
Alfred Johnson
South Dakota
Federal Crop Insurance Corporation
Maay
Old Grad To Give Commencement Talk At State College
Aubrey Lawrence special assistant to the U S Attorney General will deliver State College commencement address in June marking his 50th graduation anniversary. Lawrence class of 1888 has led federal farm board and federal power commission work since 1929 while practicing law in Fargo North Dakota. He grew up in Arlington and De Smet and was State College Oratorical Association president and first Industrial Collegian editor.
MENTIONED IN THIS ARTICLE
Brookings
Aubrey Lawrence
United States
State College
J. F. Watson, Dé Smet
Silver Wedding Celebration in Rockham for Schneider Couple
Mr and Mrs Fred Schneider of Rockham marked 25 years with a Saturday afternoon surprise. Guests from Freeman and Mitchell attended a lunch and card games. Family including sons Armand Arthur Kurth and daughter Freda joined the celebration after moving from Freeman fifteen years ago.
MENTIONED IN THIS ARTICLE
Rockham Rockham
Fred Schneider
Rockham
John le Knodel
Mitchell
Freeman
Armand
Arthur
Kurth
Freda
April moisture totals 3.45 inches at Blunt
A windy Sunday caused a dust storm at 6 30 p m followed by a rain of about 38 inches. Humidity stayed above 60 percent as temperatures neared ninety. April rainfall totaled 3 45 inches while crops and blooms show vigorous growth and grasshoppers hatch in warm days.
MENTIONED IN THIS ARTICLE
Blunt
Hery
Grmsa
Runaway Girls Return Home From Watertown
Two 17 year old Minneapolis girls June Sherwood and Shirley Driscoll were back in their homes Monday after five days in Watertown without parental knowledge. They hid in a Watertown hotel after hitchhiking from Minneapolis last Tuesday and were picked up Saturday, held for their parents who arrived Sunday.
MENTIONED IN THIS ARTICLE
Minneapolis
Watertown
June Sherwood
Shirley Driscoll
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Wakanda
Old Grad
Arthur Moore
Gettysburg
Froeks AG
Cannon Towels
Sehen
Ords
Loth
Speedy
Speer
Riverside Tires
Montgomery Ward