Roosevelt plans and fiscal policy gains noted
Treasury officials outlined plans for mid December financing operations as Secretary Morgenthau pledged to announce a new financial program soon. A Bond exchange offer for fourth liberty bonds drew $890,504,200 with $1,875,000 total exchange allotments. O’Connor reported most national banks are relicensed post holiday with 61 percent already reorganized or absorbed. New York banks announced capital moves including a $56.5 million capital write down and plans to issue $340 million of preferred stock and capital notes to support reconstruction financing.
MENTIONED IN THIS ARTICLE
Associated Press
Washington,d. C
Mons
Hi Aung
Morgenthaw
Treasury
Touth Therlys
Une Treasury
J. Flt
O'Connor
Pepoylly
O'Connnor
Annneval
New York
Bik
India Genntry
Tungilay
James W W. Verking
Voard
Lo Vayk
Pinnace Corporation
Interinstig
President Moves To End War Within Aides of Wallace
President Roosevelt met with George N. Peck and discussed placing farm codes under NRA administration to resolve differences with the Agricultural Adjustment Administration. RTC officials indicated Wallace would resign if major changes occurred. Reports say Johnson and Wallace were reachable by telephone as talks continued at the White House. A second note mentions a 12.93 inch diameter crystal from China, weighing about 677 pounds, in the national museum.
MENTIONED IN THIS ARTICLE
Washington
White
Hugh 8. Johnson
Roosevelt
George N. Peck
Wallace Ie
Agricultural Department
Peek
White House
Johnson
Wallace
Teleyitone
Bork
Rexford &. Tugwell
Sgrleniture
Jerome Frank
NRA
National Museum
China
East Colorado corn loan program outlined for farmers
Federal extension officials approve plans to loan corn growers in eight counties up to 35 cents per bushel with 4 percent interest. About 26 000 farmers in Colorado may be eligible as warehouse and loan procedures are detailed, including grading, warehouse certificates, and local county extension support.
MENTIONED IN THIS ARTICLE
Alate
Stit Cneson
Lagan
Margin
Phnmps
Sedgwick
Washington
Weld
Yunim
Cory
Colorado
Sonnty
Joans
Polig
Snanda Institution
Ty Lusjeetak
KFC
Department of Agriculture
Tarmera Ly
Tonng Ig
Business Men Fight Sales Tax Stand Protests Rise
A mass meeting shows merchants farmers and labor opposing new taxes including a retail sales tax and tobacco tax. The Colorado debate centers on who pays and who profits with merchants warning against any tax increases while urging fiscal restraint.
MENTIONED IN THIS ARTICLE
Houser
Aig
Aedon
Jolson
Cuples
Aintoy
Colorado
Denver
Ted Uy
NIA
Aggie Economist Questions Money Juggling Efficacy
An Aggie economist argues that mere manipulation of currency and bank deposits cannot restore prosperity. He cites price rigidity, demand and trade factors, and the risk of inflation, asserting that increased money supply without output growth is ineffective for recovery. He notes that higher prices may reflect activity, not guaranteed gains, and calls for real production boosts rather than monetary expansion.
MENTIONED IN THIS ARTICLE
Wepo
Tve
Fork Collins
Auys
H.C. Pugick
Aebocinic
Economiat
Ile
Yank Seyasha
Pradit
Hank
Uwo
Inflation and Money Supply in U S Economy
The discussion argues inflation must be kept within reasonable bounds to support confidence and business activity. It warns rapid changes in real money creation can destroy confidence, drive money abroad, and delay recovery, while noting prior inflation episodes showed it can be controlled with proper policy.
MENTIONED IN THIS ARTICLE
United State
Lusiners
Murder Charge Filed Against Man Accused of Lynching
A warrant charges John Zook with murder in the lynching of Lloyd Warmer outside Mount Joseph. Police say Warmer confessed aiding a young white woman attack before being executed near Buchanan County Jail after a three hour standoff. Witnesses identified Zook as part of the mob in the late night incident.
MENTIONED IN THIS ARTICLE
Joseph
Dee
Urst Dogres
John Zook
Farmer St. Josep Polledman
Lloyd Warmer
Mogro
I Zook
Lisluegra
Buchanan County
Woh
Zook Denfed
Col Springs Man to Lead State NRA Organization
Colorado Springs resident David P. Bricker slated to head a new state NRA coordinating unit. Announcement from Senator Casdigan’s office indicates the administrator will oversee recovery programs linking NRA and other federal agencies. The plan aims to speed up relief and postal operations.
MENTIONED IN THIS ARTICLE
Avssctatel Press
Waallington
Loc
David Pj Btrickler
Colorado Springs
NRA
Colorado
Casdigan
Chicago Firms Announce Major Wage Increases
Three large Chicago freight and packing companies announced wage hikes that will eventually raise pay by more than 1 dollar per hour. Unskilled workers will see a six cent raise, with other adjustments for skilled labor and clerical staff forthcoming as details roll out.
MENTIONED IN THIS ARTICLE
Packer Balue
Aunciated Press
Chicago
Swit
Goa
Wilson
Agenoy
Also Mentioned on This Page
Tomer Hoopee
Cuttud
Ted Snapper
WWE
Harya
East Colo
Brigians
Stratosphere
F Associates Preas
Tyrussels
Wa South
J. Willams
Lane
Auguste Plecard
Aagent
Max Cossus
Charles Thomas
Alice Wynekoope Clas
Macabees
ATV
F. W. Hall Adm
Teachers College
Aggie
Poubts
Gresley
Chadwick
Phil Whithan
Wapipton Elayth
Lewis Stone Diana Wynyard Phillips Holmes
Taxi Hoys
Travelaugh
Ruth Will
Hollywood
Ainge
Eddie Carter
Ivories
AL Fox
Jack Osterman
Colo. Springs
Platyeville
Johnnie Sterling
Hie
Roller Skatin
Amusement Park
Paramount Pictures
Cosmopolitan
Him
Baund Kowa
Pigatt
Swith Myrna Loy Maeclarke
Phillips Holmes, Paes
Gordon Ares Butterworth
George E. Stone
Jimmy and
Sally
Janes Dunn Claire Trevor
Harry Langdon
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