Harvard Prof Proposes Plan Like Sweden's
Harvard University economist Alvin H. Hansen urged a special study to test a double budget system for the federal government inspired by Sweden. He proposed separating capital investments from operating expenses and charging maintenance or depreciation against the operating budget for nonreturning projects. He cited the unemployment relief funding as a past example and discussed tax reform and White House talks with Congress.
MENTIONED IN THIS ARTICLE
Washington
Alvin H. Hansen
Harvard University
Monopoly Committee
Hansen
Sweden
Reconstruction Finance Corporation
White House
Roosevelt
Rep
Cooper
Dtenn
House
Ays and Means
Harrison
D-Miss
Senate Finance Committee
Senate
Grover Cleveland Bergdoll
New York
Morgenthau
Ways and Mean
Treasury
American Retail Federation
Capitol Hill
Byrd
D-Va
Garner
A. A. Berle
Public Works Finance Corporation
Loan Made for Mantons Favor in Manton Case
In New York on May 24 testimony by John L. Lotsch former Fort Greene Bank director said a $25,000 loan to ex judge Martin Manton would rebound to his benefit. He described a meeting in Mantons chambers with William Fallon present as Fallon sought loans for the judge and foretold large bank deposits from a corporation for which Manton had named a receiver. A letter pegged Mantons worth at upwards of $750,000.
MENTIONED IN THIS ARTICLE
New York
U. S. Circuit Court
Martin Manton
John L. Lotsch
Fort Greene Bank of
Brooklyn
Lotsch
Manton
William Fallon
Fallon
Banker dies in Chicago after heart illness
Charles V. Essroger, 63, treasurer of the Chicago Board of Trade for 12 years and vice-president of the First National Bank since 1970, died today in Chicago of a heart ailment. The veteran banker was widely known in financial circles and had led major initiatives at both institutions. His death marks a notable loss to Chicago's banking and commodity trading community.
MENTIONED IN THIS ARTICLE
Chicago
Charles V. Essroger
Chicago Board of Trade
First National Bank
Appeals Studied By Supreme Court
The Supreme Court took under advisement today appeals from death sentences for Julius Buchanan and James Cureton in Forsyth County. The court also considered Paul Leonard's suit challenging the three percent general sales tax. Buchanan claimed his wife attacked him with a hammer and he hit back with a hatchet. Cureton was convicted in the death of Melvin Nesbit.
MENTIONED IN THIS ARTICLE
Raleigh
Supreme Court
Julius Buchanan
James Cureton
Forsyth County
Paul Leonard
Buchanan
Richmond Rucker
J. H. Clement
Cureton
Melvin Nesbit
Americans Hold Sweeps Winners in Irish Hospital Stakes
New York reports reveal several Americans winning prizes in the Irish Hospital Sweepstakes on Blue Peter, Fox Cub, and Heliopolis. Winners include Donegal Girl and Come To Papa of New York, plus ten additional ticketholders from Connecticut, New Jersey, California, Illinois, and Pennsylvania, with prize amounts ranging from 46 800 to 140 400 dollars.
MENTIONED IN THIS ARTICLE
New York
United States
Decatur Ave
Bronz
N. Y
West 132Nd Street
New York City
Poor Katz
Bank Street
Waterbury
Lord St
Jackson Heights
Battle
Pacific St
Brooklyn
Alvin Davis, Jr
Virginia St
Vallejo
Calif
YATES ELIMINATED HOYLAKE IN BRITISH AMATEUR ROUND
Dick Chapman of Greenwich Connecticut defeated Charley Yates of Atlanta the defending champion today in the British amateur golf championship third round 5 and 8. An army airplane crashed west of Marlette Michigan killing pilot Second Lieutenant Hamilton McClure 27 of Selfridge Field.
MENTIONED IN THIS ARTICLE
Yates
Hoylake
Eng
Dick Chapman
Greenwich
Conn
Charley Yates
Atlanta
Marlette
Mich
Hamilton McClure
Selfridge Field
McClure
Fort Worth
Tex
Senate restores 60 million for war material stockpiles
A joint Senate hour conference committee restored 60 million dollars to the war material stockpile bill. Senator Thomas of Utah said the measure, when finalized, would carry the full 100 million authorized by the house, after the Senate had cut it to 40 million. In Vienna, release comes for Mr and Mrs Richard Rosson, U S citizens detained in Graz on Gestapo charges for photographing military objects.
MENTIONED IN THIS ARTICLE
Washington
Senate
Thomas
Utah
House
Vienna
Richard Rosson
United States
Graz
Austria
Gestapo
Charlotte youth Ed Schreiber tops Frank Ford in Carolinas amateur
In Charlotte on May 24 Ed Schreiber of the city high school defeated veteran Frank Ford of Charleston UC on the 19th hole in their first round match of the Carolinas amateur golf tournament. Bobby Dunkelberger of High Point, the medalist, defeated Wade Haywood of Charlotte 3 and 2.
MENTIONED IN THIS ARTICLE
Charlotte
N .C
Ed Schreiber
Frank Ford
Charleston
U S. C
Bobby Dunkelberger
High Point
Wade Haywood
Ciano Returns to Rome After Berlin Treaty Signing
Foreign Minister Count Galezzo Ciano arrived in Rome after signing the Italian German military treaty in Berlin. The city observed a half holiday as shops closed to mark Italy's entry into World War I.
MENTIONED IN THIS ARTICLE
Rome
Count Galezzo Ciano
Berlin
Italy
North Carolina to outlaw fish traps at next legislature
Daniel B. Bell, game warden in Kinston, said Eastern North Carolina game wards will urge lawmakers to ban all fish traps at the upcoming session. Local officials cite conservation concerns and potential impacts on aquatic ecosystems.
MENTIONED IN THIS ARTICLE
Kinston
Daniel B. Bell
North Carolina
Diving Bell Faces Tough Test in Squalus Rescue
The diving bell used to rescue Squalus crewmen has never operated under such conditions. Navy officials expect a possible contact if weather stays favorable and the submarine remains roughly level. Five rescue chambers withstand 165 psi. depth at Squalus is 105.6 psi. Tests occur about 100 feet deep and crews are well practiced. Currents off Portsmouth and submarine movement pose challenges.
MENTIONED IN THIS ARTICLE
Washington
Squalus
Navy
Portsmouth
Anti Semitic Campaign Ties Revealed At hearing
George E. Deatherage head of the Knights of the White Camelia testified before the House Un American Activities Committee that he discussed an anti Semitic campaign with wealthy Newport socialites prior to the 1936 election He identified Howland Spencer as a key donor and said he received about 200 dollars from Spencer while other attendees showed willingness to fund the plan The probe traces links between anti Communist groups in the United States and those in Italy and Germany Page Two continuation referenced
MENTIONED IN THIS ARTICLE
Washington
George E. Deatherage
Knights of the White Camellia
House Unamerican Committee
Newport
R. L
Deatherage
Howland Spencer
New York
Father Divine
Hudson River
Roosevelt
Hyde Park
Spencer
George
United States
Italy
Germany
Dies
Dtex
Capitol
Divers Rescue Seven From Sub Squalus Tragedy
Seven men entombed for 29 hours aboard the sunken submarine Squalus were hauled to safety in a diving bell from 240 feet of water. Twenty five others, including three officers, were reported alive as rescue efforts continued to reach the remaining 52 aboard.
MENTIONED IN THIS ARTICLE
White Island
Portland
N. H
U. S
Squalus
Savage
Portsmouth
J. C. Nichols
Chicago
Navy Department
Britain Opens New Proposals to Soviet Russia
Prime Minister Chamberlain announced Britain would present fresh terms to Soviet Russia for adherence to the British French front. He cited Geneva talks between Viscount Halifax and Ivan Maisky and expressed hope for full agreement at an early date.
MENTIONED IN THIS ARTICLE
London
Chamberlain
Russia
Geneva
Viscount Halifax
Ivan Maisky
House of Commons
Britain
Lord Halifax
Maisky
Bonnet
France
Soviet Union
Paris
Wives Await Word Of Men In Submarine Squalus
In Portsmouth New Hampshire families of crewmen aboard the sunken submarine Squalus waited for news from rescue ships. Wives mothers and brides gathered at the navy yard fearing tragedy after unofficial reports said 26 of 59 men may be dead.
MENTIONED IN THIS ARTICLE
U. S
New Hampshire
de- White Plains
N. H
Roland Blanchard
Hershey
Harold C. Prebble
Navy Department
Washington
D. C
William Isaac
Washington, D. C
Theodore Jacobs
Staten Island
N. Y
Gerald McLees
Richmond
Kane
Charles Yuhas
New Salem
U. SS. Naval
Falcon
Portsmouth
Navy Yard
West Coast
Casualties Reported After Brush With Arabs Near Ful Kaya
Casualties in a brush between British troops and Arabs near Ful karem reach at least 15. Arabs killed or wounded, a British major killed and a corporal and two privates wounded.
MENTIONED IN THIS ARTICLE
Jerusalem
Fulkarem
Also Mentioned on This Page
Ners
Maine
James MacDonald
Harvard Prof
New London, Conn
U. S. Court
Blue Peter
Bobby
Ciano
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