Coughlin Plan Probed By Flynn as Monetary Flaws Exposed
John T. Flynn analyzes Father Coughlin's proposed central bank and government finance scheme. He details plans to nationalize the Reserve Bank system, create a Bank of the United States, phase out private banks, and use a commodity backed dollar to stabilize prices, arguing the scheme risks endless money creation and fiscal abuse.
MENTIONED IN THIS ARTICLE
Coughlin
John T. Flynn
Farhaghlin
Father Coughlin
Reserve Banks
Bank of the United States
Professor Fisher
Chicago University Group
Fisher N
Anks
Governent Authority
Work Two Shifts On Highway 16 In North Wilkesboro
Contractors on highway 16 between Wilbur and the Ilkes Ashe county line have begun operating two shifts to speed construction toward completion in the allotted time. The State School Commission in Raleigh considered requests for more teachers and heard delegations on school matters. Durham officials finished a rough draft of a WPA airport development application with city engineer H. W. Kueffner noting lighting details remain to be resolved.
MENTIONED IN THIS ARTICLE
Wilkesboro
Wilbur
Ilkes
Ashe County Line
Raleigh
State School Commission
Drapt
Durham
WPA
H. W. Kueffner
Workers Selected Wilmington For Penderlea Homestead Project
A call for 100 laborers for the Penderlea resettlement homestead project in Pender county sparked activity in the district unemployment office in Wilmington. Workers were soon selected.
MENTIONED IN THIS ARTICLE
Wilmington
Penderlea
Resettlement Administration
Pender County
District Bureau of the State Re-Employment Service
Estimates on Imported Pigs Cost in North Carolina
C R Dillard New Hanover county farm agent cites Iowa estimates placing pig import costs from drought areas at 11.52 to 10.63 dollars per hundred pounds into North Carolina.
MENTIONED IN THIS ARTICLE
Wilmington
C. R. Dillard New
Hanover County
Iowa
North Carolina
Father Coughlin and the dangers of expanding money supply
The piece argues a rush of new money to fund government bonds farm mortgages and soldiers bonuses would create severe inflation. It warns once money is added it cannot be taken away, eroding purchasing power and undermining Father Coughlin's aims for high wages and abundant goods through his monetary theories.
MENTIONED IN THIS ARTICLE
Coughlin
University of Chicago
Father Coughlin
Reserve Board
U. S
Cliffside mill workers injured in machine accident
Robert Jones and Paul Benson, employees, were injured while repairing a machine when a co worker started the machine unaware they were inside it. The incident occurred at the mill and prompted medical evaluation.
Elizabeth City Acts to Enforce Weed Ordinance
Elizabeth City set a deadline for property owners to clear weeds within city limits. Police were instructed to bring noncompliant owners to court if they failed to comply.
MENTIONED IN THIS ARTICLE
Elizabbeth City
Elizabeth City
Edenton Shipments Hit Sixty Thousand Melons This Season
Watermelon marketing inspector R L Peck reports Edenton melon shipments total between 60 000 and 70 000 by boat this season with no further details on destinations or dates.
MENTIONED IN THIS ARTICLE
Edenton
R. L. Peck
Durham and Orange officers hunt two masked holdup men
Durham and Orange County officers pursued two white men who, wearing masks, robbed a service station in Orange County and took 60 dollars, then struck another filling station here and secured 20 dollars.
MENTIONED IN THIS ARTICLE
Durham
Orange County
Sanity hearing yields no new clues in Spruill death
A two hour questioning of Paul Smith, a Black man jailed on a sanity commitment, produced no new evidence in the year old death of Rocky Mount merchant George Spruill, according to Rocky Mount Chief of Police O P Hedgepeth.
MENTIONED IN THIS ARTICLE
Tarboro
Paul Smith
George Spruill
Rocky Mount
O. P. Hedgepeth
Riordan Loses Car as Thief Steals It From Parked Lot
New Haven patrolman Raymond J. Riordan drove his car to a police field today but returned home by trolley. While he watched track and field events with fellow officers, an unconcerned thief stole his automobile from a nearby parking place.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Raymond J. Riordan
Opening Date Set Guilford College
Dr Clyde A Milner president announced Guilford college would open September 7 for its $986 37 session.
MENTIONED IN THIS ARTICLE
Guilford College
Clyde A. Milner
Headlineist collapses after heat overcomes him
Three St. Joseph copyreader Arnold Bailey, 32, of the St. Joseph Gazette, penned a line about two overcome by heat and collapsed five minutes later, overcome by heat.
MENTIONED IN THIS ARTICLE
ST. Joseph, Mo
Arnold Bailey
St. Joseph
Rural Idaho official recount tale from a plowman
A Pocatello story notes that after many calls, a precinct judge's wife in southeastern Idaho said ballots were in her husband Henry's overalls pocket while he worked ten miles away in a field. She doubted vote counting had begun as she hadn’t seen the results.
MENTIONED IN THIS ARTICLE
Pocatello
Idaho
Henry
Also Mentioned on This Page
NEA Service, Inc
Fisher
Vanderlip
English St. Curb Market
Celerv
Chrysler
Ford
Garland
North Main Street
Thomasville
U. S. 29
Fairmont Park
LEVIE
High Point
Union Cross
Teague Town
Alberta Corbit Snider
Aus
Carolina News Briefs
The
Associated Press
Salaria
PAN Trout
USAVE
East
Washington
TLY
Dr. West
Pablum
Seltzer
Owl
Kodak Films
U.S. P
Wampole
Jergen
Bisma-Rex
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