Houston Sees Little Deficit For Year In Treasury Report
Secretary Houston writes bankers that the treasury’s completed operations for the fiscal year ending this month show little if any deficit as the budget nears balance. He cites quarterly surpluses in the second to fourth quarters and notes debt reductions from 1919 to 1920 with plans to issue new certificates totaling about 1.4 billion dollars.
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Washington
Houston
Treasury
United States
General Fund
Banking sector trims government war security loans
Blackbeard's Castle notes expansion of commercial credits while U S war security loans shrink. Federal Reserve banks report a fall of more than 400 million in loans secured by government war securities, yet loans and investments rise by about 1.2 billion. All member banks cut holdings of war securities by about 2 billion but increased other loans and investments by about 4 billion.
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Federal Reserve
United States
Mean Employer Mars Hired Man’s Comfort
A dialect sketch depicts a man named Enery finding work with Bill Awkins but lamenting harsh treatment by a mean boss who removes wheelbarrow legs so workers cannot rest. The piece lampoons stern employers and advertises reading The Times want ads for results.
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MARS
Enery
Bill
London
Edward Houston Stricken by Paralysis Near Bluff City
Edward Houston, former soldier and Democratic nominee for Sullivan County Trustee, suffered a paralysis stroke at his Bluff City area home Tuesday. Reports say the stroke worsened from the hips down, but doctors hope for a possible recovery in a few days. Houston, who lost a leg in France, had spent recent years farming and faced an unopposed bid for trustee.
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Edward Houston
Sullivan County
Bluff City
Houston
France
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