Nation enters non backed money era in silver certificate shift
Washington reports the United States moved into a new money era as silver certificates lose their gold or silver backing. The Treasury halted private sales and redemptions at 1.29 dollars per ounce, ending the last link to precious metals. About 252.2 million certificates remain, many held by collectors or as souvenirs.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Treasury
New York
Handl
Romy
San Francisco
Iery
Ae Ee
Busilihe
Capital could stem farm to city flight
Howard Bertsch head of the FHA told about 400 employees from 48 states and Puerto Rico that unless farmers gain equal access to capital and markets, the nation will see rapid urban crowding and a rise of corporate farms. He warned a lopsided rural-urban balance could turn tomorrow into a world with four people packed into sprawling strip cities.
MENTIONED IN THIS ARTICLE
St. Louis
U.S. Farmers Home Administration
FHA
Howard Bertsch
States
Puerto Rico
Bertsch
Scenic California hit by city strike paralyzes Santa Monica
In Santa Monica California a city strike enters its fifth day with 750 of 1 000 employees staying away. Bus drivers and other workers protest wages and benefits prompting a court restraining order against five union leaders. Beaches deserted as debris and foul weather deter visitors.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
California
Superior Court
Jeaders
Orlando H. Rhode
Eni
Way Discovered to Hold False Teeth
Bakersfield Calif a new discovery called Acryline is big news. Users say it fits plates so beautifully they cant believe it. Acryline uses a startling new vacuum principle. It flows on plates and forms an air tight seal. Users say this feels akin to natural teeth. This wonderful feeling lasts six months before repeating Acryline is at all drug stores.
MENTIONED IN THIS ARTICLE
Bakersfield
Calif
Holiday bill passes with four new federal holidays
Washington AP reports a bill to create four more national holidays. It would move Washingtons Birthday to the third Monday in February Columbus Day to a fall Monday and add Memorial Day the last Monday in May Veterans Day the fourth Monday in October. The measure awaits President Johnsons decision and faces unclear fate in a Senate with limited attendance.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Senate
Also Mentioned on This Page
Australia
Snowy Mountains
Isj
Scenic
Cauneil
Philip E. Morgan, MD
E. Dunlkel
Jefferson City
Way
Herb Gordon
Congress
PIC
Salvation Army Thrift Store
News-Tribune
Missouri Power
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