Bank Plan Aims to Stabilize Dollar with Foreign Agency Links
Officials eye appointing Bank of England and Bank of France as agents in London and Paris to direct postwar dollar steadiness. A New York reserve committee may visit London and New York to solidify arrangements while extending foreign banking ties in Europe and Asia to shield exchange rates and retain world demand for the dollar.
MENTIONED IN THIS ARTICLE
London
New York City
Washington, Th
Federal Reservement of
New York
Bank of Beelond
Bonk
France
Paris
Fwciign
Europe
China
Auetvada
Ooffictils
Orient
Coorertions
Hank of Beghind
Leon Fon Arent
New York Bank
Berlin
Madrid
Petro
Rod
Pye
Bank of Bngland
New York Reserve Bank
Bank of Moet
Ificinia
Bank of Mogiond to act as U S federal reserve agent
Peoria December 28. The Bank of Mogiond may become agent for the New York Federal Reserve, signaling closer U S allied relations and potential use of credits with Europe. Discussions in February 1966 between New York Fed Governor Strong and European bank heads cover trade credits and merchandise credit lines. Negotiations with the Bank of France continue and are expected to finalize soon.
MENTIONED IN THIS ARTICLE
Peoria
Bank of Mogiond
Federal Reserve Bank of New York
Board of Trade
United States
Federal Reserve
Treasury
Towanob
Chiesa Jurenine
Fies OY
Hack
France
Wild horse case jury verdict in federal court at Omaha
At noon today the jury in the wild horse case in the federal court reported a verdict to Judge Woodrough who ordered they report for further instruction this afternoon. The government accuses the United States Live Areck company and the Omaha Land and Investment company of illegal sales of horses in Cochise county Arizona. The government says sales totaled 1 400 000. Several indicted men remain under trial in the present proceeding.
MENTIONED IN THIS ARTICLE
Maha
Neb
Jere
Woodrough
Feolowk
Cue Te
United States
Arizona
Refuses to discuss sinking of Palermo case
New York December 28 George WilHama a veterinary surgeon arrived here on the French steamer Rocquingong from Bordeaux. He said he had been instructed by foreign representatives of the American state department to say nothing of his experience.
MENTIONED IN THIS ARTICLE
New York
George Wil- Hama
Bordeaux
Williame
State Department
Bochetary
Lanstium
President Wilson Is 60 Years Old Today
Washington notes President Wilson turning 60 with congratulations from across the nation and abroad. A special celebration was planned for the day in the capital, with greetings and honors reflected in many towns.
MENTIONED IN THIS ARTICLE
Wilson
Washington, D.C
Deco Oh
Font Wiion
Diay
Independence Prairie Oil Price Report
A brief note from Independence Kansas reports Dee 2s context and crude oil pricing. The Prairie on Cag company list shows a posted price near $1.40 per barrel.
MENTIONED IN THIS ARTICLE
Independence
Kan
Dee
Lip the Prairie On & Cag Company
Catholic Mutual Case Upheld Against Fund Split
Supreme Court decision denies division of Catholic Mutual Benefit Association reserve fund in proposed reorganization. Justice Dudley notes no ruling on membership elusace but prohibits fund division affecting members nationwide. Appeal planned by Catholic Mutual. reclassification set to take effect January 1.
MENTIONED IN THIS ARTICLE
Ruffato
N.Y
Dee
Dudley
Supreme Court
Catholic Mutual Benefit Association
Justice Dudley
Railroads face Interstate Commission over car shortage crisis
Washington and Dhowa representatives urged the Interstate Commerce Commission to assume control of the car shortage problem. Railroads argue the commission lacks authority to order operations altering tracks and that eastern lines have violated distribution rules, delaying relief efforts as congestion slowly eases.
MENTIONED IN THIS ARTICLE
Waaeshington
Dhowa
Connty
Intertate Commerce Commission
Ntice
Con Hans
George Hodge
Atmerican Railway Association
Grand Trunk
Army drafts universal service plan to train 500000 youths
Washington December 24. The Argentines military system is serving as a model for the universal service bill, drafted by a committee of the army general staff. They expect to train 500000 men with 200000 reservists available for call. The measure may require three weeks until costs are estimated for submission to the secretary of war.
MENTIONED IN THIS ARTICLE
Waussington
Dew
Army General Staff
Secretary of War
Qing
United States
Villa Aims to Overrun Chihuahua Amid Foreign Restive Warnings
Report from Paso describes Villa altering attitude toward foreigners in Mexico. Friends say he appealed to spare foreigners as occupation of Chihuahua proceeds. Messages claim Torreon would become provisional headquarters with up to 10000 troops, signaling a broader campaign across the state.
MENTIONED IN THIS ARTICLE
Paso
Aran
Villa
Mexica
Hey
Chitwabus City
Torreon
Ville
Chihuahua
Bag eight airplanes on western front report
Berlin dispatch notes Entente actions on the western front as planes were captured in a wartime operation. A submarine cable repair caused a bottle to be thrown from the steamer Robert Clawry, signaling the event's coverage.
MENTIONED IN THIS ARTICLE
Berlin
wWirelee
Suyville Lee
Ntente
Yewlording
Nantucket
Robert Clawry
Lima
Germany and Austria-Hungary Signal Conference Trap
Paris reports Truman Wilson note prompts hostile editorials as German and Austrian press call talks a trap. Petit Parisien says allies warned, Germany aims to delay and secure fresh supplies while diplomacy masks military build up. French papers view proposal as a ruse to weaken the Allies.
MENTIONED IN THIS ARTICLE
Paris
Pec
Gennevys
Wilson
Germany
Ciemecives
Condom
Termes
Don Jody
United States
Petit Parisien
Austria- Hungary
Banking resources greatest in world
Washington December 29 Controller Williams reports that national bank resources rose by over 4.0 billion in two years to 15.52 billion, topping by about 1.0 billion the combined totals of major world central banks. Deposits reached 12.488 billion, loans and discounts 455 million higher, and reserves 227 million higher, the highest on record.
MENTIONED IN THIS ARTICLE
Washington, D
United States
Williams
Bank of England
Bank of France
Bank of Russia
German Reichsbank
Bank of Fiddly
Bank of Spain
Bank of the Netherlands
Bank of Denmark
Swiss National Bank
Imperial Bank of Japan
Tn Incerense
Denied Count Tisza No Retirement Yet Reported
Budapest papers deny claims that Count Stephen Tisza plans retirement like Baron Burland and Dr. von Kocher. The rumor, lingering since Emperor Francis Joseph's death, notes possible leadership changes among Hungary’s political elite and mentions other unrelated curiosities and anecdotes from the era.
MENTIONED IN THIS ARTICLE
Herlin
London
Budapest
Count Stephen Than
Baron Burlan
von Kocher
Francis Joseph
Baron Hurian
Count Zernin
Nike
Plan to Enforce B Hour Day Law in Railroading Talks
New York Dec 29 The national conference of railroad managers and four railroad brotherhoods resumed talks on the Adamson law as to its constitutionality. A joint board or federal commission to settle disputes between railroads and workers was discussed as a possible outcome, with eight members and plenary powers. William G. Lee cited a potential eight member court with equal road and union representation and impartial hearings.
MENTIONED IN THIS ARTICLE
New York
National Conference of
Four Brotherhoods of Railroad
United States Supreme Court
United States Supreme Colmuna
William G. Lee
Brotherhood of
Brotherhood
Roads
Lee
Search Fails to Find Missing Maryland Liner and Crew
Coast guard cutters Acushnet and Gresham scoured the area off Nantucket for the steamship Maryland and about 30 crewmen after losing wireless contact. No wreckage or identifications were found. hopes rested on possible rescue by another vessel. The search shifted to the Clyde liner Oxoma bound for New York after failing to locate the Maryland.
MENTIONED IN THIS ARTICLE
Nantucket
Mase
Dee
Mary
Coast Guard
Acushnet
Gresham
Maryland
Lews
Chriotmas
Flotean
Hoaty
Elreled
Oxoma
Portland
New York
Clyde Line
Molise
Cous Mui
Treratt
Webb Trade Bill Public Hearing Planned
Chairman Newlands of the Interstate Commerce Committee announced hearings on the Webb bill to permit American concessions to form joint selling agencies on January 5. A second hearing on January 2 will cover railroad legislation proposed by President Wilson to supplement the Adamson law.
MENTIONED IN THIS ARTICLE
Washington
Newlands
Benaie Interstate Commerce Committee
Wilson
Peace proposals meet with favorable reaction abroad
Berlin reports German reply to President Wilson cited as a loyal acceptance of his peace ideas. Press reaction ranges from general approval to anti-American skepticism, with calls to keep neutrals out of talks and a potential Swiss venue discussed for a conference.
MENTIONED IN THIS ARTICLE
Wilson
Berlin
Vie
London
Germany
America
Baron von Revention
Floyd-George
Briand
Taecglische Kundeschau
Fierman
Alance
Lorraine
Cerminy
Galieia
Bukonlnw
Adriatic
Austria-Hungary
Constantinople
Armenia
Turkey
Portemouth
Entente
Switzerland
Secretary Baker Will Not Quit the Cabinet
Washington dispatches report that Secretary Baker will not resign his post. Officials said Baker planned to stay at his present position, despite rumors he would travel to Cleveland to settle personal affairs.
MENTIONED IN THIS ARTICLE
Baker
Washington
C. Lee
Cleveland
Ohio
Kumara
Ald
Kaiser's Government Open to Confidential Exchange via Wilson
Washington reports Berlin shows pessimism but willingness to arrange tentative proposals through President Wilson as intermediary. A direct negotiation path with Entente powers is considered, with offers possibly already in the hands of the American State Department.
MENTIONED IN THIS ARTICLE
Kaiser
Wilson
Enterte Powere
American State Department
Charles
Austria
Germany
Berlin
Rnd
United States
Germany and United States Seek Peace Talks Amid Submarine Tension
President signals effort to avert a submarine crisis as Germany’s reply to President Wilson’s peace note arrives. Berlin indicates willingness for a neutral-ground peace conference with U S participation, while Entente hesitates to concede terms before a united front.
MENTIONED IN THIS ARTICLE
Count von Hernstorff
Germany
United States
Wileen
Aimuernan
Gerard
Wilson
Tme
Count von Bernstorff
Argentina Faces Poor Grain Harvest Amid Drought Losses
Washington Dec 29 Consular reports say Argentina's grain harvest this year will be among the poorest on record due to drought and locusts. Exportable grain may total no more than 1,000,000 tons versus the normal 2,500,000. Cereal prices in the republic are at all time highs.
MENTIONED IN THIS ARTICLE
Washington, D. C
Argentina
Republic
Mexican note not made public amid cartel negotiation
Washington reports indicate General Carranza may offer modifications rather than a full ratification of the pending protocol. Mexican commissioner Cabrera arrived with Carranza's likely conditional terms, including troop withdrawal, while Ambassador-designate Pletcher eyes possible relocation of the joint commission if talks fail.
MENTIONED IN THIS ARTICLE
Washington, D. c
Carrangza
Jane
Lids Cabrera
Washington
Dee
Luie Cebrera
New York
Cartong
Atlantic City
Lane
Carrangna
Mexico
Carranza
Carranxe
Kilaeo Arredondo
Mexios
Cole
Buch
Henry K. Pletcher
Mexico City
Arrebonds
Coal Shortage Hits El Pao and Paso Markets
Reports indicate no coal in El Pao and Paso amid ongoing shortage. Prices reportedly rose from 7 to 15 dollars per ton over the past two months as miners struggle to meet demand.
MENTIONED IN THIS ARTICLE
EL Pago
Paso
Shots Across the Border Echoed by Kentucky Guard
Reported across the border fire from the Kentucky National Guard near Etaso Tes Lew 26 Severs involved heavy gunfire with no confirmed casualties. Residents described a tense exchange with Mexican forces while a machine gun reportedly fed ammunition though officials deny this. A stray remark about shaving razors appears in a separate anecdote about Joseph Kubo of Muncock.
MENTIONED IN THIS ARTICLE
Severs
Rio Cranide
Mexico
Kentucky National
Also Mentioned on This Page
Federal Reserve Board
Sweel
Henke
Earope
Japan
Australia
Poulntel
Lonsom
United Mei
Bank of France Boon
U. S
Palermo
Catholic Mutual
Interstate Commerce Commission
Vienna
Stephan Pichon
Petit Journal
Ciermany
Alfred Capussaga
Tisza
Trinidad
Arthur's Seat
Ie Ohi
Edinburgh
Homtland
Senor
Railroad and Brotherhood
Orama
WEBB
Merlin
Bronident
Wilcow
Wilsow
Awetra Hungary
Teutons
Lansing
Zimmermann
von Jagow
Washington, DD. C. der
Amban
Wocmpmenia Ig
Russia
Kentucky
Dogeph Kubo
Muncock
Kuln
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