Government plans bond sale to curb hoarding
Col Frank Knox announces a treasury securities issue in low denominations to draw money out of teapots and safety deposit boxes as part of Hoover anti hoarding efforts. He says the program will require treasury cooperation and meets strong public demand for a safe substitute for idle cash.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Col
Frank Knox
Hoover
The
Knox
Millis
Securities Limited
Chicago Daily News
Mills
Demand Withdrawal Of Troops From Shanghai Note Denied
The state department denied U S involvement in drafting the note delivered by the League of Nations council to Japan. It said the United States had no knowledge of the framing or delivery. China and Japan were advised they would be held responsible for damages in Shanghai fighting, with U S officials warning both sides two weeks earlier.
MENTIONED IN THIS ARTICLE
Shanghai
U. S
Washington
State Department
Tokyo
Shan
United States
Sweeping Disarmament Proposals Presented at Geneva Conference
Count Rudolf Nadolny offered drastic disarmament plans at the World Disarmament Conference. Proposals include abolition of general conscription, limits on naval and air forces, ban on poison gas, prohibition of fortresses near borders, and a universal supervision system to enforce disarmament.
MENTIONED IN THIS ARTICLE
Geneva
Germany
Rudolf Nadolny
North Carolina road law praised by Governor Gardner
North Carolina 1931 road law unites state control of every mile of public road and shifts county road repair to convicts. Gov. O Max Gardner cited tax savings and six million dollars more in road funding as Oregon New York Alabama and others study NC reforms ahead of upcoming speeches in Kentucky.
MENTIONED IN THIS ARTICLE
Richmond
North Carolina
O. Max Gardner
Virginia General Assembly
General Assembly
Virginia
Gardner
Frankfort
Kentucky General Assembly
University of Kentucky At
Lexington
Old Assembly
Carolina
Oregon
New York Assembly
Alabama
Kentucky
Will Ford and the eight-cylinder car idea in Chicago
An exchange from Detroit to Chicago reports Ford’s plans and market appeal. The letter notes Ford’s global investments, confidence in an eight-cylinder model at a bargain, and a view that the public fears a side show of panic rather than a genuine crisis.
MENTIONED IN THIS ARTICLE
Chicago
Detroit
Ford
Manchuria
Painleve Reappointed Leader as Laval Cabinet Resigns
Painleve, a longtime French statesman, accepted President Doumer's invitation to form a cabinet after Premier Laval resigned on Tuesday. He aims to maintain France's Geneva disarmament program and has begun talks with parliamentarians, planning a definite reply to Doumer tonight.
MENTIONED IN THIS ARTICLE
France
Paul Doumer
Pierre Laval
M. Painleve
Geneva
Doumer
British Admirals Daughter Jailed For Defying Order
Miss Madeline Slade daughter of a British admiral and a Gandhi disciple was arrested in Bombay and sentenced to three months in jail for refusing to comply with a government order to leave. She smiled as the judgment was announced and was taken to Arthur Road jail. The move leaves most of Gandhi's chief lieutenants in durance.
MENTIONED IN THIS ARTICLE
Bombay
Madeline Slade
London
Mahatma Gandhi
Arthur Road
Mahatma
Durance
Harris Ill Senator Improves Before Planned Operation
Washington reports Senator William J. Harris a Georgia Democrat who has been ill for a week is much improved today though he still faces an operation likely next week. His doctors gave the update amid the health setback and scheduled the surgery in the near term.
MENTIONED IN THIS ARTICLE
Washington
William J. Harris
Dem
U S Legation Evacuated Amid Costa Rica Rebel Fire
In San Jose Costa Rica rebels and loyalists fought near the Bella Vista barracks as the U S legation was evacuated after rifle and machine gun fire hit the building. Minister Charles C Eberhart and staff were at the palace when the fighting began. Rebels later seized the barracks after Sundays election.
MENTIONED IN THIS ARTICLE
San Jose
Costa Rica
United States
Legation
Bella Vista
Charles C. Eberhart
Salina
Kan
Aged Mason Beauchamp Arrested for Embezzling Lodge Funds
George A. Beauchamp 72, longtime grand secretary of Alabama Masonic lodges, was arrested on four warrants charging embezzlement of about 120000 in lodge funds. Held on a 20000 bond after Montgomery county grand jury indictment. He resigned his post during the grand lodge session last October and also served as Grand Secretary for Royal Arch Masons Knights Templars and Royal and Select Masters councils.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
George A. Beauchamp
Alabama Masonic Lodges
Montgomery County Grand Jury
Beauchamp
Grand Lodge
Royal Arch Masons
Grand Commandery
Knights Templars
Grand Council Royal
Louisburg Attorney Kills Self By Leap Under Trolley Car
Raymond G Batter, 31, attorney of Louisburg North Carolina, committed suicide by leaping under an interurban trolley in Richmond Virginia. The coroner ruled the death self inflicted. Batter was a widower with two children and had been a patient at Westbrook sanitarium. An attendant who tried to stop the act narrowly avoided a trolley strike.
MENTIONED IN THIS ARTICLE
Louisburg
Self
Richmond
Raymond G.batter
N.C
James M. Whitfield
Bailey
Westbrook Sanitarium
Credit Agency Begins Restoration Work at Rapid Pace
The Reconstruction Finance Corporation has poured more than 100 million dollars into banks and two railroads, with 50 million allotted to the agriculture department. Banks resume normal functions while railroads Bash and Missouri Pacific receive swift aid to avert crisis. Machinery prepared to manage the agriculture fund as crop movement lags.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
Department of Agriculture
Wabash
Missouri-Pacific
Bank of England Cuts Bank Rate to Five Percent
The Bank of England reduced the bank rate from six to five percent citing cheaper money and lower market discounts. The action follows international rate cuts in Sweden and Norway and aims to ease pounds liquidity after India gold shipments and Lausanne talks.
MENTIONED IN THIS ARTICLE
Norway
Sweden
London
Bank of England
Thredneedle
Stockholm
Oslo
India
Madman Albert Johnson killed in Arctic standoff
In the Arctic near Aklavik on February 18 the trapper Albert Johnson died after exchanging gunfire with Royal Canadian Mounted Police. The siege left several officers wounded or killed, including Staff Sergeant Hersey and Constable E Newt Millen, as Captain W R May flew overhead. Noel Verville aided as the pursuit ended.
MENTIONED IN THIS ARTICLE
Aklavik
Northwest Territory
Albert Johnson
Royal Canadian Mounted Police
Johnson
Freedom
Hersey
E. Newt Millen
A. W. King
Garner Raps Hoover Plan To Restructure Agencies
Speaker Garner denounces President Hoover's proposals for government reorganization noting new offices and agencies as cost cutting moves. House Democrats planned to challenge granting Hoover authority to reorganize, while Burns blasts the creation of commissions and boards.
MENTIONED IN THIS ARTICLE
Washington
House
Garner
Texas
Hoover
Rainey
Congress
Burns
Appropriations Committee
Japanese Ultimatum Demands Evacuation at 5 A.M.
In Shanghai the Japanese delivered a hard ultimatum to Mayor Wu Teh-Chen and General Tsai Ting. Chinese leaders called the terms impossible and rejected proposals. artillery bombarded the Shanghai defense lines as Japanese troops moved into the area. The demand required evacuation of the first Chinese lines by 5 a.m. Saturday.
MENTIONED IN THIS ARTICLE
Hongkew
Wu Teh-Chen
Shanghai
Tsai Ting
Two Youths Admit Twin City Crime
Chicago police said William Pryor 19 confessed to robbing a Winston Salem bridge party last March of 20000 dollars in jewelry. He named Wallace N Scales as accomplice. jewels pawned in New York for 1800 dollars. Other suspects Enoch Delmar Edmund Shea and Stanley Furlong were captured. ten watches and a dozen pocketbooks found.
MENTIONED IN THIS ARTICLE
Chicago
William Pryor
Winston-Salem
N. C
Pryor
Wallace N. Scales
New York
Enoch Delmar
Edmund Shea
Stanley Furlong
Delmar
Shea
Congress Deliberates on Banking and Agriculture Bills
Senate continues debate on expanding federal credit system and hears Agriculture Committee testimony on equalization fees and export debentures. Banking subcommittee holds hearings on a home loan banking system bill. Appropriations takes up the Agriculture Department bill in executive session. House debates the fourth department appropriation bill. Ways and Means studies tax increases. Interstate Commerce weighs rail holding company regulation. Agriculture weighs export debenture and farm relief plans.
MENTIONED IN THIS ARTICLE
Senate
Federal Reserve System
Agriculture Committee
Banking
Appropriations Committee
Agriculture Department
HOUSE
Fourth Department
Ways and
Interstate Commerce
Mayor Cermak Plans To Skeletonize Chicago In Crisis
Chicago mayor Anton Cermak outlined a plan to reduce city government to a skeleton force amid a severe financial crisis. He cited legislative adjournment delaying relief measures and warned of mass layoffs across municipal departments except police and fire. Public schools could close early. sewer maintenance would continue. teachers threaten walkouts without funds.
MENTIONED IN THIS ARTICLE
Cermak
Chicago
God
Anton Cermak
Cermiek
Police
Fire
Also Mentioned on This Page
Gloria
Laval
Paul Painleye
Switzerland
Gloria Swanson
Michael Farmer
St. Moritz
Miss Swanson
Japan
Paragon
State
Will
Painleve
Gandhi
Harris
Manuel Castro Quesda
Ricardo Jiminez
Arctic
Man
Insane Slayer
Rim of Arctic
W. R
May
Noel Verville
Trapper
Speaker
Twin City
Wallace Seales
Winston
A. H. Galloway
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