Banks Likely Reopen Saturday To Resume Business
President Roosevelt signed an executive order authorizing early bank reopenings. The treasury will issue licenses to Federal Reserve member banks to resume operations, with applications filed at district Federal Reserve banks. State banks may reopen with state authority approval.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
Secretary of the Treasury
Federal Reserve
District Federal Reserve Banks
Woodin
White House
Treasury
Ants
Zangara Sentenced to Death by Electric Chair
Giuseppe Zangara, zealot and assassin, is sentenced to death for the murder of Mayor Anton J. Cermak in Chicago. Circuit Judge Aly 0. Thompson reads the sentence, and Zangara protests, shouting for the chair as deputies remove him from the courtroom. The execution date will be set by the governor.
MENTIONED IN THIS ARTICLE
Miami
Fla
Giuseppe Zangara
Anton J. Cermak
Chi
Roosevelt
Aly
Thompson
Zangara
Florida
Roosevelt seeks emergency budget action and unemployed corps plan
President Roosevelt urged Congress to grant authority to cut veterans benefits and federal salaries to balance the budget. He warned of a potential $1.2 billion deficit and floated a civil corps program enlisting idle men for public works, with camps and pay up to one dollar a day.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
Congress
Army
Rainey
Muscle Shoals
New York State
Senate
War Department
Roosevelt seeks power to cut veterans costs and federal salaries
President Roosevelt asked Congress for dictatorial authority to cut veterans costs and federal salaries, claiming that such measures could yield a balanced budget within a year. He stated there is a reasonable prospect of relief if Congress agrees.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
Congress
Roosevelt outlines budget reforms in special message
President Roosevelt declares the government on a path to bankruptcy and calls for immediate economy. He seeks new legislation on pensions and veteran benefits with executive power to set administrative details, aiming to reduce costs and prevent a five billion dollar deficit by June. American Legion posts and veterans groups press Congress to act.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
Congress
House
Senate
Treasury
Caseus
Robinson
Arkansas
American Legion
Banks Under Proclamation Extend Holiday Restrictions
In Washington on March 10 the presidential proclamation keeps strict limits on bank operations, extending the bank holiday for now. Banks may resume only minimal business to avert food shortages and avoid payless conditions, with no immediate change announced.
MENTIONED IN THIS ARTICLE
Washington
Mar
Congress
When and How Is Big Question for New Currency
Treasury officials faced questions on timing and amount of the new currency. The banking holiday extension means funds become available as banks reopen. The quantum depends on the volume of foreign obligations drafts and bank acceptances traded by the 12 federal reserve banks for the new currency.
MENTIONED IN THIS ARTICLE
Washington
Mar
Treasury
Roosevelt
Federal Reserve
Japanese Push Forward Again to Kupelkow Pass
Japanese army headquarters reports Maj. Gen. Tadashi Kawahara’s forces completed the occupation of Kupelkow Pass at 2 30 p m as Chinese defenders fought inside the city. Chang Hsao-Liang resigns as North China military commander and Chaing Kai-Shek assumes control while Tokyo seeks negotiations to withdraw Chinese troops and avoid broader invasion.
MENTIONED IN THIS ARTICLE
Chinchow
Manchuria
Tadashi Kawahara
Kupelkow
Great Wall
Peiping
Jehol
Chang Hsalo-Liang
North China
Chang
Chaing
Kai-Shek
Imae
Thle
Kupeikow
Tokyo
China
Durham merchants accept scrip but payrolls paid in cash
Durham manufacturers and merchants decided to meet payrolls today with cash despite some willingness to deal in industrial scrip. Sufficient cash existed to cover the payrolls of the tobacco cotton and hosiery plants.
MENTIONED IN THIS ARTICLE
Durham
Mar
Hull May Speak at Spanish War Veterans Camp
Cordell Hull secretary of state has been invited as principal speaker at the annual encampment of the state department of Spanish American War Veterans beginning July 9. He said he will attend if any reasonable opportunity arises.
MENTIONED IN THIS ARTICLE
Hull
Winston-Salem
Cordell Hull
State Department of
Roosevelts Informalities Stir Washington Capital
President and Mrs. Roosevelt insert spontaneity into official life as he outlines sweeping plans and she visits key moments with her terrier at the signing, drawing applause and attention in a formal capital.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelts
Roosevelt
Mrs. Roosevelt
Banks to be on par with national banks says Roosevelt
Raleigh report states President Roosevelt assured Governor Ehringhaus by phone that state banks will join the federal reserve system on the same footing as national banks. Railroads show large losses in 1082 versus 1081 profits. Gold holdings at New York Federal Reserve total 65 billion? to open business today.
MENTIONED IN THIS ARTICLE
Raleigh
Uncle Sam
Federal Reserve
St. Louis
William McC. Martin
New York
Constitutional Changes Debated In Senate Today
RALEIGH March 10 Debate on drastic changes in North Carolina's constitutional setup consumed hours in the state senate as the house faced a local bill to change Roanoke Rapids city limits. The two houses fast tracked a joint resolution inviting Gov Ehringhaus to speak to the assembly at his pleasure after striking out a provision that he was to speak Monday night.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Senate
Roanoke Rapids
J. C. B. Ehringhaus
Farmer Addresses Bank Officials Over Exchange Request
In Clarksdale Mississippi March 10 a Black farmer entered the banks and asked to see the boss. He offered a roll with four thousand dollars saying he sought new money. Officials reported some exchanged bills were more than fifty years old.
MENTIONED IN THIS ARTICLE
Clarksdale, Miss
Clarksdale
Connell Sykes
Sykes
Funeral rites today for H V Kluttz in Charlotte
Funeral services will be held today for H. V. Kluttz 55 longtime furniture dealer in Charlotte who died after a long illness. He was in business here for 25 years.
MENTIONED IN THIS ARTICLE
Charlotte
H. V. Kluttz
Sharp rise in total money circulation in February
The latest treasury report shows total money in circulation at February end near 6.55 billion, while Federal Reserve figures on March 1 estimate about 6.72 billion. Breakdowns include gold certificates, silver certificates, Treasury notes, and Federal Reserve notes among others. The year earlier total was about 5.61 billion.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Federal Reserve
United States
Reserve Bank
National Bank
Chicago Honors Its Dead Mayor Cermak
Streets lined by thousands as Anton J. Cermak lay in state and his assassin was sentenced in Florida. A long funeral cortege moved from City Hall to Soldier Field with officials, relatives, and mourners, matching the scale of a world figure in politics. Governor Horner and others joined the procession.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Anton J. Cermak
Florida
Carter Harrison, Sr
Democratic National Committee
Henry Horner
Illinois
Campbell Hodges
Gold Hoarded in Panic as U S Seeks Gold Return
The nation reels as gold heated up and Americans rushed to banks to return bullion and coins amid fear of prison and fines. Reports from Federal Reserve districts show large gold withdrawals reversing into reserves, with New York and Chicago noting sharp recoveries and hoarders delivering valuables to banks.
Lees-McRae Proposes Plan for Student Accounts
Lees-McRae College president E. H. Tufts outlined a plan allowing students to remain in college and settle accounts through cash, commodities or extra self-help. He urged farm families to raise larger crops given the present situation.
MENTIONED IN THIS ARTICLE
Banner Elk
E. H. Tufts
Lees- McRae College
Balzar bank holiday remark from Santa Monica letter
Special to the Enterprise notes Governor Balzar of Nevada sparked a bank holiday last summer. It argues Republicans would not close banks voluntarily, preferring to leave them open until forced. The writer laments missed actions and notes the irony as a hearse passes.
MENTIONED IN THIS ARTICLE
Santa Monica
Cal
Balzar
Nevada
Roosevelt plans half billion cut in veterans costs and salaries
President Roosevelt outlines drastic economy measures including a one half billion dollar cut in veterans costs and government salaries. He also proposes a 500 million dollar bond issue to fund internal improvements employing about 500000 men. The emergency plan was discussed with congressional leaders in a White House conference lasting into the night, with conditions to guide pension and compensation eligibility.
MENTIONED IN THIS ARTICLE
United States
R. Roosevelt
White House
Washington
Mar
Roosevelt
Congress
Gardens and How To Cultivate Them
The Enterprise begins a 12 article series by W. R. Beattie United States Department of Agriculture plant expert. The daily segments cover plowing fertilizing planting harvesting and canning with tips for beginners and seasoned gardeners.
MENTIONED IN THIS ARTICLE
W. R. Beattie
U. S. Department of Agriculture
R. Beattie
Also Mentioned on This Page
Japan
Federal Reserve Bank of New York
Ehringhaus
Ispion
Cermak
By Raymond Crowley
Marsh
Federal Reserve Bank
Cleveland
The
Plain Dealer
San Francisco
Rerve
Chic Tribune
Fitchmond
George A
Philadelphia
Reserve Board
Federal Reserve System
Lees-McRae
Francis M. Stephenson
Sam
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