McAdoo outlines war finance and federal reserve reform
Secretary McAdoo emphasizes bond funding over taxes and warns against raising interest on Liberty Bonds. He advocates stronger federal finance powers, urges state banks to join the Federal Reserve, and notes neutral countries exploring exchange stability while gold exports remain restricted.
MENTIONED IN THIS ARTICLE
McAdoo
Congress
America
Federal Reserve System
United States
Federal Reserve
Federal Reserve Board
McAdoo outlines wartime finance and policy shifts
The secretary discusses export licenses under unusual circumstances, negotiations to stabilize U S exchanges with neutrals, and the role of neutral capital. He cites U S gold reserves, farm loan policy, and proposed loan limit increases. He notes allied credits, bond financing, bank deposits for subscriptions, and the humanitarian value of life insurance for soldiers.
MENTIONED IN THIS ARTICLE
United States
Seven Physicians Indicted In Quarantine Probe
Dr. T. M. Jordan of the state board of health led indictments against seven physicians and two hotel proprietors in the eastern counties for failure to report fevers and post rates as required. Indicted physicians include W. H. Cowell, Ben F. Halsey, D. J. L. Nicholson, W. A. Hoggard, and C. H. Hines. complainants led to indictments are M. P. Whickards and W. H. Hardison. Hotels named are Southern in Elizabeth City and Bayview in Edenton. Jordan praised Washington county quarantine enforcement, citing Plymouth officer W. H. Ward.
MENTIONED IN THIS ARTICLE
T. M. Jordan
State Board of Health
Board of Health
W. H. Cowell
Shawboro
Ben F.halsey
Roper
D. J. L. Nicholson
Washington
W. A. Hoggard
Woodville
C. H. Hines
Edenton
M. P. Whickards
Tyner
W. H. Hardison
Creswell
Southern
Elizabeth City
Bayview
Jordan
Washington County
W. H. Ward
Plymouth
War Savings and Thrift Stamps Sold At Big Influx
The Commercial National bank in High Point designated by Secretary McAdoo as agent for War Saving and Thrift stamps announces a large supply. War stamps sell December to January at 4.12 each with 1923 value 5 and rising 1 cent monthly through December. Thrift stamps cost 25 cents. 16 stamps in a folder can be exchanged for a War Saving stamp by paying the margin difference. Stamps earn 4 percent interest compounded quarterly and are redeemable at the shown value.
MENTIONED IN THIS ARTICLE
Athe Commercial National Bank
Secretary of the Treasury
W. G. McAdoo
United States War Saving and Thrift
High Point
United States War Saving
United States
Critical coal situation in Danville sparks dealer meeting
Danville Virginia's coal market faces severe strain as dealers and state fuel board plan action to conserve supply and fix prices. Southern Railway allegedly withholds payment on coal, while new regulations limit consumer purchases to under two tons and require affidavits. manufacturers restricted to 15 days' stock. A delegation will seek state administration aid in Richmond.
MENTIONED IN THIS ARTICLE
Danville
State Fuel Board
Southern Railway
Richmond
Southern
Bill would raise midshipmen appointments at Naval Academy
Washington December 5 A bill to increase annual midshipmen appointments was introduced by Senator Tillman chair of the naval affairs committee. It would add five appointments for each senator and representative one from Porto Rico two from the District of Columbia fifteen at large by the President and one hundred more at large mainly from enlisted men.
MENTIONED IN THIS ARTICLE
Washington
Naval Academy
Tillman
Naval Affairs Committee
Porto Rico
District of Columbia
Amng
Must Buy Corn Meal or Sugar Is Refused in Danville
Danville Virginia December 5 housewives gearing for Christmas cooking face a dilemma buy corn meal whenever purchasing two pounds of sugar the sole store with sugar for sale enforced the combination sale. Informal hockey at Harvard shifts from informal football as season prospects loom in April.
MENTIONED IN THIS ARTICLE
Danville
Derailment at Charlotte Hurts Two Trainmen
In Charlotte on December 4 a freight train derailed in the Seaboard yard injuring conductor G C Richardson and brakeman Bud Crawford who were riding atop a car. Both were taken to local hospitals with back sprains and chest injuries.
MENTIONED IN THIS ARTICLE
CharlotTe
Seaboard Yard
G. C. Richardson
Bud Cawford
Richardson
Danville Plans New Third Regiment Infantry Recruit
Dr S A Shadrach returns from Richmond after securing authority with Adjutant General Sale to recruit a company for the new third regiment of infantry in Danville Virginia One hundred volunteers must be gathered before December 13 for muster in and acceptance Harvard football stars Shickley Mahan Hardwick and Bradlee are training for a game against the Huns Capt Charley Herzog of the Giants visits Florida resorts over winter break
MENTIONED IN THIS ARTICLE
Danville
S. A. Shadrach
Richmond
W. W. Sale
Shickley
Mahan
Hardwick
Bradlee
Harvard
Huns
Charley Herzog
The
Giants
Florida
Carolin and Yadkin RR Schedule in Effect July 10 1917
Railroad timetable shows expected arrival and departure times at listed stations but notes that actual departure or arrival at the stated times is not guaranteed.
General Passenger Agent A. S. Thweatt Dies
A. S. Thweatt, general eastern passenger agent of the Southern railway for 34 years, died at his New York home after a brief illness. Born in Milledgeville, Georgia, 55 years ago, he leaves a wife four married daughters a son and four grandchildren. Burial will be in New York.
MENTIONED IN THIS ARTICLE
New York
A. S. Thweatt
General Eastern
The
Southern Railway
Milledgeville
Four Cities Go Wet in Massachusetts Elections
Boston December 5 licensed forces won a decisive victory over liquor opponents by swinging four more cities into the wet column in 18 municipal elections held yesterday.
MENTIONED IN THIS ARTICLE
Boston
Captain Perry Named Acting Quartermaster at Asheville
Washington reports Capt John A Perry United States army retired is relieved from duty as professor of military science and tactics at Bingham Military school Asheville and is detailed as professor of military science and tactics there under the act of Congress of June 3 1916 He is appointed an acting quartermaster during this duty Also mentions Battling Levinsky and Bill Brennan and middleweight bout in Boston next week by Pennsylvanias George Chip and Harry Greb
MENTIONED IN THIS ARTICLE
Washington
John A. Perry
United States Army
Bingham Military School
Asheville
Congress
Perry
Also Mentioned on This Page
Piscal
Union
Tanenhaus Bros
Internal Revenue Bureau
ocAdoo
Customs Service
International High Commission
Public Health Service
Coast Guard
Treasury Department
Commercial National Bank
Midshipmen
Harvard University
Elsie Ferguson
Artcraft
Jennie Cushing
Broadway
Danville Company
Carolin & Yadkin R.R. CO
A. M
Thomasville
Gordontown
Cideo
Denton Seeeee
Ar High Rock
High Rock
Denton Oe
C.B. Mattocks CO
L. L. and
Hart, Schaffner
Mark
N. H. Silver Co
Hart, Schaffner & Marx Clothes
Bill Brennan
Battling Levinsky
George Chip
Harry Greb
Pennsylvania
the Commercial National Bank
High Point, N.C
U. S
Liberty Loan
North Carolina
Guilford County Bonds
Federal Reserve Bank
North State Telephone Comp
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