Britain May Make Token War Debt Payment to U S
London reports a token payment plan to the United States on the war debt due Thursday as Prime Minister Ramsay MacDonald calls for a final settlement. The move follows talks with Ambassador Lindsay and a note to Washington outlining Britain’s stance amid the World Economic Conference. Italy also mulls its Thursday debt payment in line with Britain’s approach.
MENTIONED IN THIS ARTICLE
London
Great Britain
United States
Ramsay MacDonald
Washington
Whitehall
Ronald Lindsay
White House
Britain
Italy
MacDonald Opens World Economic Conference Call for Action
Prime Minister Ramsay MacDonald urges coordinated international action to end the low economic mood that has cost 30 million workers their jobs and halved world trade. Delegates from 66 nations hear a broad plea including immediate handling of war debts amid hopes for currency stabilization.
MENTIONED IN THIS ARTICLE
London
Ramsay MacDonald
MacDonald
United States
Ralph W. Morrison
Texas
Industry Under Direct Control Of Morgan Firm
Senate records show a Morgan and company list detailing directorships across 89 banks, insurance firms, utilities, and industrial companies with assets near 20 billion dollars. The chart echoes Norris and the "Spider Web of Wall Street" in illustrating widespread influence through corporate boards.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
Senate
J. P. Morgan and Company
Morgans
Morgan
Capitol
Norris
R-Neb
Senate Chamber
New York
Hull Sets Four Ways To Attack Tariffs At Conference
At the World Economic Conference in London on June 12 Secretary of State Cordell Hull outlined four specific approaches to attacking high tariffs. He told foreign correspondents the current generation is better equipped to handle tariff difficulties and urged general revision of tariffs as a key proposal for consideration at the conference.
MENTIONED IN THIS ARTICLE
Hull
London
Todey
Cordell Hill
Ifkc
Congress Didn’t Adjourn in Beverly Hills Message
A letter from Beverly Hills reports there is no major disaster but that Congress did not adjourn. The tone implies news is worse than a quake or war, though the exact consequence is kept vague and the writer addresses Angee with dramatic concern.
MENTIONED IN THIS ARTICLE
Beverly Hill
Calif
Angee
Congress
World Economic Conference Opens With Housekeeping Aim
At the World Economic Conference in London delegates from 64 countries gather to reform tariffs and stabilize currencies after postwar chaos. The United States plans to back a worldwide price level program, while debates over gold parity and controlled inflation challenge cross national agreement.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
London
United States
Elieve
Great Britain
France
Germany
Enelend
America
Compensation Act For Vets Causes Delay
The Senate debates the veterans compensation bill with a substitute offered by Senator Cutting. Key actions include industry recovery public works conference, a $3.5 billion public works appropriation, and adjournment aims by midweek. Banking reform, bankruptcy probes, and tax inquiry also loom.
MENTIONED IN THIS ARTICLE
Washington
Senate
Cutting
R-N. M
House
Judiciary Committee
Ways and Committee
Doughton
Independent
U. S
Muscle Shoals
Tennessee
New Employment Service
Mattern Ready for Long Jump From Siberia
Jimmy Mattern, American globe flier, rested at Khabarovsk as his plane was prepared for the Trans-Pacific hop to Alaska. Other aviators completed long hops and planned non stop goodwill flights across the Atlantic and to the Baltic region. Twenty four planes were due to depart Italy for the Chicago fair.
MENTIONED IN THIS ARTICLE
Jimmie Mattern
American Globe Flier
Khabarovsk
Siberia
Alaska
Mariano Sarberan
Joaquin Collar
Spanish Army Aviateurr
Seville
Spain
Camaguey
Cuba
North Atlantic
J. Erro Boyd
Sundy
New York
Port Aunee
Haiti
Kuns
Stanley Girenas
Kaunas
Lithuania
Orbetello
Italy
Chicago Fair
Balbo
Bsen
Moscow
Jimmy Mattern
Youth Admits Slaying Mother With Book Ends
Macdonald 17 admitted killing his mother Grace B Macdonald last May 27 by beating her with heavy book ends. He spoke after two hours of questioning at Oak Street police station after returning from Nashville Tennessee where he was arrested. Prosecutor said he stayed 20 minutes after the strike, took money, then left. Mrs Macdonald a former Flint bank cashier and local society leader was found dead in her bedroom. Search began when it was learned he and 16 year old companion William Terwilliger had fled.
MENTIONED IN THIS ARTICLE
Ralfe Macdonald
Flint
Mich
Nashville
Tenn
Bruce J. Macdonald
Macdonald
William Tergwiller
Michigan
Donald
Flint Bank
Willam Terwilliger
Short Talks on Advertising by the Bureau of Research and Education
A Bureau of Research and Education article explains how advertising lowers selling costs and final prices. It uses the baked beans example to show a housewife saves half a cent per can when advertising is effective, versus paying higher costs without ads. It argues advertising works like a machine reducing production and selling expenses, benefiting buyers.
MENTIONED IN THIS ARTICLE
Perme
Hayes convicted in embezzlement case at Greensboro
Ed H. Hayes former Wachovia Bank teller in High Point was convicted this afternoon on embezzlement charges. Judge Thomas Shaw planned to pass sentence later, with bond set at 812,000. The case involved a total alleged shortage of about 35,798 across accounts.
MENTIONED IN THIS ARTICLE
Ed H. Hayes
Wachovia Bank and Trust Company
Thomas 4. Shaw
Superior Court
OPEL
VO Tee Catlere
Greensboro
Ad i H. Hayes
High Point
Wes J. Shaw
Speeches Highlight Opening of World Economic Conference
King George and Prime Minister Ramsay MacDonald addressed the London gathering urging cooperation for global prosperity and progress. They emphasized urgent action on war debts and restoring international commerce while warning against enduring economic unequal gains.
Heat wave ends after weekend cool down
The weatherman reports last week's extreme heat in the eastern United States broke, with temperatures dropping 15 to 26 degrees from New York to Kansas. Thunderstorms offered partial relief as beaches drew crowds, while New York City saw midday readings around 84, much lower than Friday's 96, with only a few cases of prostration noted. Pennsylvania and the Midwest also cooled from the prior heat spell.
MENTIONED IN THIS ARTICLE
United States
Mercury
New York
Kansas
New York City
Pennsylvania
Chicago
Detroit
Stabilization Foreseen as First Task at World Economic Conference
The British delegation and representatives from the United States and France reached a preliminary agreement at the British treasury on stabilizing major currencies for the conference duration. A wide, negotiated band was deemed necessary to reconcile opposing views while keeping the Paris market within a set range.
MENTIONED IN THIS ARTICLE
London
British Treasury
Treasury
Paris
Bank Reorganization Votes Tallied In North Carolina
Raleigh June 13 Attaches of the state banking department tallied votes for depositors and creditors of the North Carolina Bank and Trust Company and the Page Trust Company under a proposed reorganiz ation plan. Electors will form liquidating committees with a mix of depositor and stockholder representatives, totaling 70 from Page and 55 from North Carolina depending on group counts. The Independence Trust will elect its committee members at a general depositors meeting.
MENTIONED IN THIS ARTICLE
Raleigh
State Banking Department
North Carolina Bank and Trust Company
Page Trust Company
Gurney P. Hood
North Carolina Bank and Page Chains
Independence Trust Company of
Charlotte
North Carolina
Independence Trust
Tte
Americans Hold Eyes Of Melting Pot Delegation
London June 12 The World Economic Conference gathers leaders from 65 nations at White Stone Geological Museum in Kensington with the American delegation led by Secretary of State Cordell Hull. Hull will open for the United States as King George VI and Ramsay MacDonald address the plenary session slated to set committees and organization before adjournment Tuesday.
MENTIONED IN THIS ARTICLE
George
England
Ramsay MacDonald
London
Alvin Hallman
White Stone Geological Museum
Royal Borough of
Kensington
Mussulman
Emale
Roosevelt
Cordel Hull
King George
Great Britain
Hull
Donald
Also Mentioned on This Page
Bas
Morgan Firm
House of Morgan
G. Vosburgh
Confab
Mattern
OY Sengcht Ts
Peice
The
Bureau of Research and Education Advertising Federation OF America
Bureau of Research and Education of the
Advertist of America
Ihat
Hayes
Associated Press
Hood
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