German Reparation Finance Through New York Banks
New York banks Hallgarten & Co. Equitable Trust Co. Speyer & Co. and Guaranty Trust Co. assembled a 35 753 000 credit to the Reichsbank via Federal Reserve credits. German indemnity payments used American currency in defeated territory with a large share bought in London, Paris and New York markets.
MENTIONED IN THIS ARTICLE
New York
Hallgarten & Co
Equitable Trust Co
Speyer & Co
Guaranty Trust Co
Federal Reserve Bank
Germany
Reichsbank
International Finance
United States
Hamburg
London
Rothschilds
J. & W. Seligmann
Equitable Trust Company
Bank of France
Organized groups gain power in Congress pressuring for farmer and veteran benefits
The piece highlights rising influence of organized groups in Washington including farmers labor and veterans. It notes agrarian leaders like Kenyon Capper and Maugell shaping farm loan and market policies while ex service and G A R veterans push for benefits and war veterans legislation.
MENTIONED IN THIS ARTICLE
Washington
Congress
Theodore E. Burton
Senate
Middle
Far West
Wiliam 8
Kenyon
Iowa
Arthur Capper
Kansas
Gilbert N. Maugell
House Agricultural Committee
Robert M. la Follette
Wisconsin
Edwin F. Ladd
North Dakota
George W. Norris
Nebraska
California
Hiram W. Johnson
John L. Nolan
House
Oyal C. Johnson
South Dakota
Porter J. McCumber
Senate Finance Committee
Grand Army of the Republic
Moose Destroys Auto in Easton Encounter
Walter Uhune and his wife of Easton Maine narrowly escaped unharmed after a moose leapt from the woods at dusk and struck their car, swinging it into a roadside ditch. The moose stood by the headlight before collapsing and dying.
MENTIONED IN THIS ARTICLE
Easton
Walter Uhune
Hobo Founder of Welfare Group Heads to Russia
Cincinnati reports millionaire hobo James Fads How of St Louis, founder of the Brain erucod Welfare Association, crossed the ocean eight times for Russia trip. He had never traveled without working before. His mother once sailed in state while he peeled potatoes below. He plans to investigate conditions there.
MENTIONED IN THIS ARTICLE
Cincinnati
James Fads How
St. Louis
Hobo
International Brainerucod Welfare Association
Russia
Ocean
Asis
Lis Passage
Gesu
Vul
Uisa
Kiein
Ims
New York
Paris Feather Shoes Hit Fashion Runway
Paris reports the latest feather shoe styles for evening wear feature toes tipped with plumes and buckles adorned with paradise feathers. Designers anticipate sourcing feathers from barnyard fowls as a substitute for scarce monkeys, but prices on current chicken feather quotes are not expected to rise.
MENTIONED IN THIS ARTICLE
Paris
Nest Jai
Modistes
Cuba's Economy Program Aims Wide Reforms and Budget Cut
Havana reports President Alfredo Zayas proposes drastic financial measures to cut the fiscal peak budget from about 126 million to 50 to 60 million. Reforms include direct presidential election, non re election, and new municipal governance, with a federal district including Havana.
MENTIONED IN THIS ARTICLE
Havana
Alfredo Zayas
Republic
Coud
Congress
Congressmen Targeted by Capitol Gym Initiative
A lighthearted note says three hundred pound lawmakers will join a Capitol gym under Sergt. W. C. Forse as physical director. The plan promotes Swedish system exercises to slim fat men, strengthen those with lean builds, and improve alertness. activities include handball, medicine ball, pushups, and elephant tennis.
MENTIONED IN THIS ARTICLE
Washington
Capitol
Sergt. W. C. Forse
United States Marine Corps
Forse
Jack Dempsey
Reforming US Constitution by Adopting Confederate Principles
Senator Pat Harrison urged amending the federal constitution to follow Confederate principles. He touted extending presidential terms to six years and prohibiting re election as an economy for taxpayers, with federal funding capped by a two thirds congressional vote. The remarks were made during ceremonies reopening the first Confederate "white house" dedication in Montgomery Alabama.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Pat Harrison
Mississippi
White House
Harrison
Congress
Cat Survives 25 Days Hidden in Pipe
A Paris church pipe was closed by a mason and reopened after twenty five days to reveal a malnourished cat. The animal drank milk from a nearby cafe and slowly regained strength, then attended to grooming and washing.
MENTIONED IN THIS ARTICLE
Paris
Pass Many Dividends in Major U S Corporations
New York report shows 46 suspensions by leading firms reducing total expected annual dividends by about 17 million dollars from prior year. The Anaconda Copper Co would have paid 2.33 million, Sears Roebuck 2.1 million, Chesapeake & Ohio 1.26 million, and Midvale Steel 1 million among those cut. A rumor links Paris to a white wig for evening wear.
MENTIONED IN THIS ARTICLE
New York
U. S
Anaconda Copper Co
Judicial reform urged for federal system overhaul
Thomas B. Felder of New York urged a joint Congressional committee before the House Rules Committee to study revising the federal judiciary. He cited population shifts creating new court districts and clogged dockets, plus rising cases from prohibition violations and auto thefts increasing judges’ workloads.
MENTIONED IN THIS ARTICLE
Washington
House Rules Committee
Thomas B. Felder
New York
Felder
Sunshine Forecast From Solar Eruption Sparks Doomsday Debate
London reports that recent solar eruptions caused brilliant auroras and disrupted telegraph lines worldwide. Sir Oliver Lodge suggests increased sunshine for the year, stronger Monsoon aiding Indian harvest, and possible vegetation growth from energized solar particles. Camille Flammarion shares surprise at the violence of the storm.
MENTIONED IN THIS ARTICLE
London
Sir Oliver Lodge
Camille Flammarion
Immigration quotas tighten as 1910 law takes effect
Officials began enforcing the 3 per cent entry limit per country using the 1910 census totals. The total quota is not yet fixed, but is not expected to exceed 500 000. Monthly limits apply and June permits include 122 from unspecified nations and 1 588 for the year beginning July 1. Entries from Turkey and other regions are itemized for June and the fiscal year.
MENTIONED IN THIS ARTICLE
Washington
United States
Immigration Bureau
Rem ‘Rmrer
Turkey
Smyrna
Angola
Iceland
Lichtenstein
Monaco
San Marino
Malta
Gibraltar
Palestine
Syria
Eixty
Edward Bok Found Philadelphia Award Promise
Edward W. Bok announces the Philadelphia Award offering $10,000 annually to a resident of the metropolitan Philadelphia area who in the prior year performed an act of service advancing the city’s largest interests. The award is to be known as The Philadelphia Award and is funded by Bok.
MENTIONED IN THIS ARTICLE
Philadelphia
Edward W. Bok
May Light Roads Chicago Sees Electric Illumination Growth
The National Electric Light Association reports rapid advances in electric lighting for homes stores offices factories and streets. Officials say rural roads and highway lighting will be the next step with motorists benefiting from improved night visibility. A committee notes electrification of steam railroads and roads could come soon. About 21 million dollars worth of utility securities may join the Chicago Stock Exchange list.
MENTIONED IN THIS ARTICLE
Chicago
National Electric Light
Oliver R. Hogne
Commonwealth Edison Co
Mr. Hegue
Committee On Electrification of
Louis A. Ferguson
New York
Frank J. Smith
United States
Chicago Stock Exchange
The Microbe Man
Cambridge mass. Harvard astronomer Dr Harlow Shapley challenges human self importance. He states Earth is about 360 quadrillion miles from the universe center, making humanity appear far smaller and less central than previously believed.
MENTIONED IN THIS ARTICLE
Cambridge Mass
Dre. Harlow Shapley
Harvard
Einstein
Oklahoma University Bars Student Automobiles
Oklahoma's Board of Regents proposes the first rule limiting undergraduate students from owning cars at the state university. The article notes a shift in attitudes toward automobile use among students and questions whether such restrictions hinder study or reflect social status.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Kansas
Board of Regents
The
Oklahoma University
Middle West
Cardom
Paris Wins 1924 Olympics Hosting Rights
Geneva announces the International Olympic Committee awarded Paris the 1924 Olympic Games. Amsterdam will host 1928 with Paris again to stage athletics. Athens, Paris, St. Louis, Athens, London, and Stockholm share prior hostings. 1916 Berlin was canceled due to war. Antwerp hosted in 1920.
MENTIONED IN THIS ARTICLE
Geneva
International Olympic Committee
Paris
Amsterdam
Athens
St. Louis
London
Stockholm
Berlin
Antwerp
Belgium
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