New Federal Banking System Aims to Stabilize Currency
Washington chart outlines the new currency law creating regional reserve banks, an elastic treasury note supply, and bank involvement. It allows national banks to grant additional farm mortgage loans and establishes a federal reserve board with regional banks to manage reserves and open market operations.
MENTIONED IN THIS ARTICLE
Washington
Congress
Secretary of the Treasury
WII
New York
Chicago St. Lois
E Chiara
Regional Reserve Banka
Federal Reserve Board
United States
Treasury
Federal Reserve
Disputed Points Adjusted in Federal Reserve Conference
Conference changes specify seven member Federal Reserve Board with ten year terms and ex officio Comptroller of the Currency remain. Alaska excluded. regional banks 8 to 12 with $4 million minimum capital. gold reserve 40 percent. salaries up to $12,000. two, four, six, eight and ten year terms for board members. deposits and reserves rules revised. voting power limited to member banks. deposits guarantee clause removed. retirement bonds plan adjusted. stock subscriptions and director nominations defined.
MENTIONED IN THIS ARTICLE
Regional Reserve Bank
United States Treasury
United States
Regional Reserve Banks
Federal Reserve Board
Treasury
Senate
House
Secretary of Agriculture
Alaska
Federal Reserve District
Federal Reserve Bank
Federal Reserve
Federal Board
Reserve Board
Federal Reserve Banks
Congress
Golden Wedding Celebrated by Pitt Family at Yrunch Norfolk
A Norfolk couple Mr and Mrs John Pitt marked a golden wedding while surviving on wages between £2.50 and $4 per week to raise a family of ten, all alive. A city magnate reportedly paid $1000 for a doll gift for his daughter, featuring four complete outfits and intricate craftsmanship.
MENTIONED IN THIS ARTICLE
John Pitt
Yrunch
Norfolk
England
Furniture Factories Kept Busy This Year
The story notes strong furniture production as the nation crafts goods valued at about 929 million dollars. Factories across regions operate at high capacity meeting demand for domestic and export markets.
Cancer’s Annual Toil
A historic note reports that cancer annually claims about 25,000 lives in the United States, highlighting the ongoing toll of the disease and calls for attention to medical research and public health.
MENTIONED IN THIS ARTICLE
United States
Vagaries of the Hunter's Life in a Maryland Tale
A Maryland hunter fires at a trolley car believing it to be a deer and the piece notes the shooter bought ammo at a corner drug store rather than the usual venue. The Louisville Courier Journal offers the anecdote with a wry aside.
MENTIONED IN THIS ARTICLE
Maryland
Louisville Courtier- Journal
Leechnke in Other Words
A compact literary note quotes a line about a kiss lasting the life of many creatures. The excerpt is from Eden Pholpotts’s The Joy of Youth and presents a playful paraphrase on love and time.
MENTIONED IN THIS ARTICLE
Earth
Eden Pholpotts
Fort Wayne Man Becker Arrest Follows Sheriff Clash
Harry Becker aged twenty fled after planning a robbery and clashed with Capt. Rundell and Det. Immel. He escaped to west Nickel Plate tracks then visited his Berry street home before officers spotted him and he threw acid in Policeman Beverle’s face. A separate Logansport inquiry probes inflammable oil linked to three fires and two deaths including an infant and a three year old.
MENTIONED IN THIS ARTICLE
Ft. Wayne
Fort Wayne
Harry Becker
West Nickel Plate
Becker
M. A. Rundell
Walter Immel
Matmee Avenue
Division Street
Lake Erie
Olympia
Berry Street
Clincon
Erry Streets
Reverle
Mrs F M Jah Smith Burned Alive Near Nashville
Mrs F M Jah Smith, 78, living near the Brown Morgan county line, fell from a rocking chair into the fireplace as it tipped forward. Nephew Lester Smith, eight, rushed to fetch water then neighbors arrived to find her body burned beyond recognition.
MENTIONED IN THIS ARTICLE
Nashville
Jah Smith
Brown-Morgan County
Lester Smith
Boy Injured Watching Santa Falls From Roof
In Sparta township seven year old Marshall J Ehlers of Mr and Mrs Andrew J Ehlers broke arm and shoulder when he slipped and fell from the kitchen roof while waiting for Santa Claus The doctor who treated him then acted as Santa and gave the boy toys to amuse him during recovery.
MENTIONED IN THIS ARTICLE
Lawrenceburg
Marshall J. Ehlers
Andrew J. Ehlers
Sparta Township
Santa Claus
Holiday mishap ends with mail wagon spill in Petersburg
In Petersburg on December 24 a holiday prank with fire crackers in Harry Chandler’s pocket caused him to dump the lit items into a mail wagon, overturning it and scattering parcel post. Chandler was arrested for interfering with mail delivery and faced a $10 fine.
MENTIONED IN THIS ARTICLE
Petersburg
Harry Chandler
Chandler
United States
Young Man Drinks Carbolic Acid in Columbus
Arthur Guard, after a depressed Christmas in a Columbus boarding house room, committed suicide by drinking carbolic acid. The incident occurred on December 29 and is reported from Columbus.
MENTIONED IN THIS ARTICLE
Columbus
Arthur Guard
Indiana News In Brief Items From Tipton To Jeffersonville
A run of brief Indiana items reports Tipton substation worker Bert Barnes burned by an electric arc and possibly losing sight. Nashville boy Johnny Torlinson aged eight breaks leg in a wagon accident. Sullivan passenger Mrs Lyons injured when an interurban line wire crashes through a car window. Elwood farmer William Spitzmesser, missing nearly a year, returns home claiming railroad work in Nebraska. Princeton thief steals Salvation Army fund box. Mr Fisher raises about ten dollars. Logansport student Harry Baird shot seven times during a hunting trip. risk of infection noted. Tipton attorneys hear Willam Meneely dispute over gravel ford labor payment. jury trial timing set. Sullivan jury awards 225 to Mrs Freeman for husband William Freeman’s death at Pash mine. Lash exonerated. Jeffersonville Oklahoma commission visitors study Indiana reformatory construction. Columbus water works employee Hervey Kyte seriously injured in Brown Street hole. Tipton farmer William Stove suffers facial wounds after field accident. eye damage suspected.
MENTIONED IN THIS ARTICLE
Tipton
Bert Barnes
Traction Company
Nashville
Johnny Torlinson
Lewis Tomlinson
Sullivan
W. Tf. Lyons
Hy-snera
Terre Haute
Elwood
William Spitzmesser
Indianapolis
Nebraska
Princeton
Fisher
Salvation Army
Logansport
Harry Baird
Willam
Meneely
Frankfort Construction Compar
Purvis
Ford
Twda Freeman
William Freeman
Pash
Willam Lash
Huey
Prad Lash
Indiana
Commisa‘ion
Oklahoma
Columbus
Hervey Kyte
Water Works
Brown Street
Saver
Wilam Stove
Fernon Townshin
Kempton
Also Mentioned on This Page
Banke
Reginal Reserve Bank
Banka
Reserve Banks
Ts Ony
Vals Council
Chicago
St. Louis
Birmingham Age-Herald
Mozart
Liszt
Chopin
Harry Secker
Beverle
Indiana News
eDec
John Griffin
John Jones
Herbert Mackenfuss
Andrew Schowitch
Lawrence Mackenfuss
Schawitch
Mackenfuss
Herbert
Lvalld
Evansville
Samuel Witner
Witner
Tayouville
Jad
Dee
Charles C. Welch
Near Here
Fed
Greenfield
Hancock County
Greenfield Bridge and Sewer Company
Evanaville
John Kensley
Ile Way Ale
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