Inflation and 7 Percent Discount Rate Prompt Critique
A New York Sun-Herald analysis argues that the 7 percent Federal Reserve discount rate and high open market rates fuel inflation. Banks profit by rediscounting commercial paper, pushing up deposits and note circulation, while ordinary producers face higher costs.
MENTIONED IN THIS ARTICLE
Federal Reserve
Reserve Bank
New York Sun-Herald
Increasing Assessments in Tennessee Under New Tax Law
Farmers fear unfairness but figures from county tax books show substantial increases in 1920 assessments for several large Tennessee corporations compared with 1919. The State Commission asserts uniform cash value assessments, supporting voters who trust the commission over politicians asserting bias.
MENTIONED IN THIS ARTICLE
Rious
State Commission
General Wood's Boom Reported Dead by Correspondent
A correspondent states General Wood's boom has "given up the ghost" and questions the identity of the ghost that once walked.
Bryan Denies Pursuit of Republican Nomination
Rumor from Chicago reports William Jennings Bryan will not seek or accept consideration as a Republican candidate for the nomination. The claim remains unconfirmed and Bryan has not commented publicly.
MENTIONED IN THIS ARTICLE
Chicago
William Jennings Bryan
Platform framers criticize Wilson as they finish plank
The Republican platform framers complete one plank and attack Wilson and the Democratic party. It is rumoured the rest of the planks will be ditto marked.
MENTIONED IN THIS ARTICLE
Wilson
Tennessee Democrats Reprove Shields Over League Attitude
State Democrats rebuked Mr. Shields for his stance on the League of Nations rather than condemn him, a move seen as effectively same if he seeks office again.
MENTIONED IN THIS ARTICLE
Tennessee
Shields
League of Nations
Potter named to Interstate Commerce Commission
Mark W. Potter, president of the C. C. and O. Railroad, is appointed as a member of the Interstate Commerce Commission, giving the body a member with direct railroad experience.
MENTIONED IN THIS ARTICLE
Mark W. Potter
C. C. & O. Railroad
Interstate Commerce Commission
Candid critique of GOP nerves and economic fear during convention
On the eve of the Republican national convention the piece argues the leading candidates show little economic training or broad statesmanship amid debt and tax crises. It notes primary campaigns offer platitudes and demagogy and accuse front runners of excessive spending.
Hail to our superdreadnought now Tennessee
Minna Irving writes in the New York Sun Herald praising the Tennessee battleship as a symbol of naval power. The poem describes its surge, wireless aerials, thunderous engines, and impact on Neptune’s sovereignty, signaling national pride.
MENTIONED IN THIS ARTICLE
Earth
Neptune
Tennessee
Minna Irving
New York Sun- Herald
Hoover rules out third party in upcoming politics
Herbert Hoover, en route to Swarthmore College to receive an honorary degree, says there will be no third party. He notes past experience shows government is run by major parties and declines to discuss campaign conferences or plans. He will travel to New York and skip Chicago during the convention.
MENTIONED IN THIS ARTICLE
Johnson
Herbert C. Hoover
Chicago
New York World
Philadelphia
Herbert Hoover
Swarthmore College
Hoover
Hugo and Les Miserables a sweeping bio and plot outline
This biographical sketch traces Victor Hugo born 1802 Besancon through his career and passion for writing including Les Miserables. It recounts Jean Valjean's arc from convict to mayor and Cosette's rescue, ends with Hugo’s verdict that the work is a prophetic drama influencing public opinion.
MENTIONED IN THIS ARTICLE
Victor Marie Hugo
Besancon
France
Napoleon
Spain
Adele Foucher
Hugo
Swinburne
Shakespeare
Notre Dame
Arras
Javert
Fantine
Montfermeil
Toulon
Waterloo
Thenadiers
Cozette
Thenadier
Paris
Cosette
Petit Picpus
Pere Feuchelevent
M. Madeleine
Jean Valjean
Baron Marius
Marius
Victor Hugo
The
Post Publishing Co
Boston Post
Loss of Indian basket making endangers a great art
The article laments the decline of Indian basket making among California and desert tribes. It notes the craft’s vast effort and sacrifice and contrasts the newer generation’s reluctance to work hard with the value behind each basket and the sad minimal price paid by buyers.
MENTIONED IN THIS ARTICLE
California
Eu rope start for Boreleigh reported
In Boston a transcript records Boreleigh expecting to start for Eu rope tomorrow. Miss Blunt urges taking particular care not to miss the steamer.
MENTIONED IN THIS ARTICLE
Boreleigh
Europe
Miss Blunt
Boston
Transcript
Also Mentioned on This Page
Isaac Shuman
T. H. Pratt
Kingsport, Tenn
United Press
the Times
Harding
Lowden
Nathan Haskell
la Brie
Monsigneur Myriel
Alps
Valjean
Surmount
Harris & Graves
John B. Thrift, Sr
Burson
Georgette
Hope
Price
Broad St