The Pipe Line of Savings and Investment Debate
John T Flynn argues that bank deposits rose in the 1920s and 1930s but did not fuel new investment. He blames a leaking financial system and a stalled pipeline, saying government borrowing failed to prime the pump and that rebuilding the financial pipe line must occur quickly to restore funds flowing into industry. The piece critiques promoters and parasites diverting savings, urging swift, repair-focused reforms.
MENTIONED IN THIS ARTICLE
United States
Bane
America
Mary
iWo
Goodfellow Fund Surges to 315.80 as Drive Nears End
Public response Friday boosts the Goodfellows Christmas Cheer fund to 315.80. Finance Chair Frank Johnson and General Director Roy Anderson urge un canvassed donors to contribute at Hope Bank or The Star office this week. A large task remains next week to buy wrap and distribute food clothing and toys to needy children and families.
MENTIONED IN THIS ARTICLE
Goodfellow's
Frank Johnson
Roy Anderson
Hope Bank
Star
O. L. Bowden
Ora Mac Mody
O. K
McRae Hardware Co
Morgan & Lindsey Reginald Bearden
Kaplinger
Cecil W. Dennis Maora
Sarva Lou Ledbettey
Henry Z. Holley
Ervilie Douglas
Lucille Hutson
Chil Ciesisisne
Helen Bawden
Annie Jong Walker
Gen
W. Robison
S. It
Stanford
Lilian Walkup
M. T. Bont
J.C. Wallace
Wis Brammoett
Speedy Hutson
Marie J. Gean
Nunie Jett
Thomas W. Wagoner
George Brandon
Leyena Dunkuim
M.S. Waterson
Faye Ripley
Ruth Wells
Christine Elliott
Curis Dunn
Duck Allen
Jester Williams
Vrinces Lipscom
Cornelia B. Lee
Vela Tutt
Derry Herrington
Wiele Ow
Jones Frith
Hodwell
OL Many
Earl W. Irian Hulen Munn
Waite
Frauke Nolen
Henry Watkins
Dick Watkins
J. W. Stic
W. S. McDavitt & Co
Charley Dudley
Earl Dudley
Stusse
Brown Carroll Boyou
Joe Olmstead
W. OL Boone J.C. Wallvels
Doe Rick Uh
Gutensohn Named to State Senate Vacancy Filled
Governor Curley Bailey announced he would appoint Attorney Paul E. Gutensohn of Fort Smith to fill the Arkansas state senate vacancy created by the death of Senator Fred Armstrong. The formal appointment is expected after January 1 amid debate over whether vacancies should be filled by appointment or special election under a constitutional amendment. Armstrong, former president pro tempore of the senate, died in an automobile crash near Mountainburg on December 9.
MENTIONED IN THIS ARTICLE
Fayetteville
Act
Curley Bailey
Paul EK
Gutensohn
Fort Smith
State Senate
Fred Armstrong
Gulousohn
Alma
Bailey
Clyde T. Ellis
Senate
Abe Collins
DeQueen
The
Arkansas Bar Association
Statehouse
Armstrong
Pra Wt
Mountainburg
Cotton market closes steady amid December contract fade
The New Orleans cotton market opened Friday at 8.52 and closed at 8.37. December contracts expired at noon with spot cotton steady eight points lower. Middling cotton settled at 8.49.
MENTIONED IN THIS ARTICLE
NEW Orlyans
Spot Cotton
Thought Fidelity Sister of Justice Horace
A Thought Fidelity is described as the sister of Justice Horace, linking mythic or literary kinship. The phrase hints at a character or concept tied to moral or legal symbolism within the text. Further context would clarify whether this refers to a named individual, a work, or an allegorical pairing.
MENTIONED IN THIS ARTICLE
Fidelity
Justice
Horace
Ghost of his past ends in suicide at Fairfield mansion
Donald Coster, revealed as Philip Musica, former president of McKesson & Robbins, killed himself at his Fairfield Connecticut home amid a sprawling fraud probe. Authorities track a family of brothers tied to the case as four inquiries probe $18 million in overstated assets and past crimes.
MENTIONED IN THIS ARTICLE
New York
Donald Coster
McKesson & Robbing, Inc
Philip Musica
Fairfield
Conn
Coster
Musica
United States
George Dietrich
George Varnard
Coster-Musica
Cride Drugs Department
McKesson & Robbins
Vernard
Arthur
Dietrich
U.S
George F. Noonan
Robert
J. Donald Coster
McKesson & Roly«hins, Inc
Joseph Donovan
United States Hair Company
F. Donald Cosier
Connecticut
Heidelberg University
Corporation
New York Yacht
Heidelberg
Argentine Holds-Legion Fish Fry Draws Large Crowd
About 200 people attended the Leslie Huddleston post of the American Legion fish fry and mulligan stew at Fair Park. Visitors came from Texarkana Stamps Little Rock and nearby towns. Speakers included Rev Hammonds Dr Rose Minsky Bob Sisson Bert Preston Joe Lee and others from Arkansas Legion ranks. The event featured 1 1/2 pounds of fish five gallons of coffee 90 pounds of stew and trimmings in what organizers called the most successful annual affair.
MENTIONED IN THIS ARTICLE
Fair Park
Leslie Huddleston
American Legion
Texarkana
Stamps
Little Rock
W. A. Hammonds
Hope
L. J. Rose Minsky
Bob Sisson
State Department
Bert Presson
Joe Lee
Merlin Fisher
Ben Kesterson
Leval
Royce Weisenberger
Hempstead
Arkansas
T. EB. Johnson
W. S. Atkins
Hone
N. E. Graham
W. H. Arnold, Jr
C.F. Weaver
H. O. Kyler
B. C. Hollis
M. §. Bates
Robert Wilson
E. S. Franklin
R. M. Jones
Don Smith
Chaplin
A. C. Kolb
Hopkins Mentioned for Roper Post Amid Cabinet Talk
In Washington President Roosevelt said he has discussed with Prime possible cabinet changes including Harry Hopkins as Secretary of Commerce but has not decided on replacements. He added no timetable for appointments or Supreme Court picks. Estimates show 800,000 to 1,000,000 American families use cold storage lockers for meats fruits and vegetables.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Harry Hopkins
Supreme Court
Cranium quiz true or false about animals and objects
A compact quiz item from Page Two lists statements 1 through 5 with claims about Christmas gifts from camels in Syria, deer lacking gall bladders, hose size linked to foot length, bees knowing their master, and whalebone from a whale. It asks which are true or false among these statements.
MENTIONED IN THIS ARTICLE
Syria
Unable to buy legs, Henry Falls crafts own wooden limbs
In Oklahoma City Henry Falls, a Black youth who lost both legs in a train accident, fashioned wooden artificial limbs from an old log after failing to purchase them. He used only a pocket knife and a damper as tools while guided by a limb catalogue, impressing manufacturers who later saw his work.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Henry Falls
Falls
Rusty
Damner
Cities to Ask for My Cent Gas Tax in Arkansas
Arkansas cities plan to petition the legislature for a quarter cent per gallon tax increase to raise about $250,000 to $300,000 yearly. The move was endorsed by the Arkansas Municipal League during a meeting as the Fifty Second General Assembly prepares to convene.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas
Fifty-Second General Assembly
Arkansas Municipal League
Prescott Cagers to Meet Bobcats
Prescott high school's Curly Wolves face Hope Bobcats in Prescott Ark at the local gym in a bid for a tough win. The Wolves beat the Gorden Go-Devils 39 to 26 last Tuesday for their second straight victory. A girls game opens at 7 30 p m, followed by the boys at 8 5 p m. The Bobcats opened the season by defeating Prescott 45 to 22 in Hope last Monday. Coach Hammons likely repeats the same lineup.
MENTIONED IN THIS ARTICLE
Prescott
Ark
Prescott High School
Curly Wolves
Foy Hanmons
Hope Bobcats
Wolves
Gorden Go-Devils
Bobcats
Hope
Hammons
Moonlight and Noon Light Intensities Noted by Scientists
A fragment notes light intensities: moonlight around one fortieth of a foot candle, bright noonday light about 10 000 foot candles. It also mentions scientists dating a fish by scales, with scales adding a new ring each year.
MENTIONED IN THIS ARTICLE
Ahering
Goodfellow's Club Fund Drive Appeal in Hope Arkansas
Hope Star reports a canvass update for the Goodfel lows Club urging residents to fill out the form and mail their contributions to the club treasurer in Hope Arkansas. The notice notes missed donors should contribute to support club activities.
MENTIONED IN THIS ARTICLE
Goodfellow
Hope Star
Club
Ground Is Broken for Hempstead County Courthouse Project
Ground was broken for Hempstead County’s new 200000 dollar courthouse and jail on the Old Garland school site in Hope. The first contract, awarded to J. C. Neal of Hermitage for piling at 9787.59 dollars, carries a 60 day completion and a 50 dollar daily penalty. PWA will provide about 90000 dollars. county bonds cover 110000 dollars. Bid openings and further contracts for main building, furniture, and jail equipment follow under strict open bidding.
MENTIONED IN THIS ARTICLE
Hope Star
Hempstead
Frank Rider
Albert Graves
Hempstead County
Federal Public Works Administration
FWA
Garland
Hope
J. C. Neal
Hermitage
Ark
PWA
R. W. LaGrone
Lloyd Spencer
H. M. Stephens
Blevins
Miles 5S
Proctor
Public Works Administration Recovery Act
Public Works Administration
Aris
Also Mentioned on This Page
John T. Flynn
Legion
U. S
Europe
Associated Press
Americas
France
Daladier
Communist Party
London
Inter-Governmental Refugee Committee
Hiller
Germany
Hjalmar Schacht
Reichsbank
George Robles
Hitler
Hopkins
Tor Roper
Secretary of Commerce
I. D. Says
Prescott Cagers
the Goodfellow’s Club
Herr Hitler
Leena
batmeRen
Hoy
UW. S
Manchuria
Navy
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