Bankers See No Panic as Deflation Begins in 1920
Friday's Daily reports at the Texas Bankers Association convention in Galveston that bankers expect deflation with few market disturbances. Beverly D. Harris of National City Bank of New York warns against government borrowing, urges credit restraint, and supports the Federal Reserve system as key to solvency. Other bankers call for economy, cautious speculation, and saving to bolster future purchasing power amid global financial strain.
MENTIONED IN THIS ARTICLE
Associated Press
Galveston
Texas
Texas Bankers’ Association
Foreign Exchange
Beverly D. Harris
National City Bank of New York
Mr. Harris
United States
Harris
Federal Reserve System
Gill
Seaboard National Bank
New York
Insurance and Banking of
J. K. Longmoor
The
Drovers’ National Bank
Kansas City
J. W. Hoopes
South Texas Commercial National Bank of Houston
Dallas Federal Reserve Bank
Social Calendar Notes From Violet Oberfeldt
Friday evening there is a dance at the Woman's Club at 8 30. Saturday morning Mrs J A MacDonald hosts the Married Ladies Social Club at 9 30. Later in the afternoon Mrs MacDonald entertains a few friends at 4 o clock in honor of her daughter Mary Besse Macdonald.
MENTIONED IN THIS ARTICLE
Woman's Club
J. A. MacDonald
Married Ladies
Mary Besse Macdonald
Social notes and visits brighten Laredo life
Miss Genevieve Camp travels to Alice then on to other points before returning home. Mrs. Sue J. Smith leaves for Dallas for a several weeks stay. Mr. Tom Nye improves after illness. Miss Dorothy Dix visits Mrs. R. L. Pusier in the city. Mr. and Mrs. Mann return to South Laredo after visiting relatives. Many more names, travels, and gatherings fill the community notices with church circles, entertainments, and hospitality in Laredo.
MENTIONED IN THIS ARTICLE
Genevieve
Alice
Dorothy Dix
San Antonio
R. L. Pusier
C. C. Mann
South Laredo
Mrs. Hopkins
Asher Smith
Mexicans Go Back as Revolution Drives Return to Homeland
Dallas reports a flood of Mexicans returning to Mexico from Texas cities. Rail officials note dozens to fifty per day leaving after Venustiano Carranza’s death, with Dallas Little Mexico shrinking from six thousand in 1920 to a rapid decline. Local Mexican leaders credit the revolution with stability and confidence in a new regime.
MENTIONED IN THIS ARTICLE
Associated Press
Dallas
Texas
Rio Grande
Mexico
Venustiano Carranza
Saving a Railroad Faces West Texas Delegations
West Texas cattlemen converge on Washington to urge the Interstate Commerce Commission to grant a substantial loan from the railroad revolving fund for the Orient railroad. They seek relief to recover from federal control and avert junking the line. A hearing was scheduled to begin.
MENTIONED IN THIS ARTICLE
Associated Press
Fort Worth
Texas
West Texas
Washington
Orient Railroad
Interstate Commerce Commission
Company Offers $100 Reward Over Ice Purity Claim
Home 10 Company states it investigated circulating reports on ice quality with a rival. It claims the ice is pure and offers a $100 reward to anyone who can prove otherwise, noting difficulties in identifying the report's author.
MENTIONED IN THIS ARTICLE
Home 10 Company
Labor Jealousies Cloud English Wage Demands
In London labor conditions remain unsettled amid jealousy between skilled and unskilled unions. New wage demands follow longshoremen's 16 shillings daily minimum. Rail workers seek £1 weekly rise despite a cost of living adjustment pact. Miners accept 20 percent raise. Prices rise: coal and bread, subsidy cuts drive up costs.
MENTIONED IN THIS ARTICLE
Associated Press
London
England
American Chamber of Commerce
Eyes for Vessels A Hydrophone Breakthrough Promises Safer Ships
In a June report AP describes American testing of the M V type hydrophone system mounted in a ship bow. With 48 receivers it listens for propeller sounds to reveal nearby vessels, shoal water, and depths, potentially guiding steamers through fog and crowded harbors.
MENTIONED IN THIS ARTICLE
America
Sciences
Breckinridge
Navy
H.C. Hayes
Swarthmore College
von Steuben
Long Island
Hayes
Milk Depot to Replace Sioux Falls Brewery Landmark
A milk company has purchased the old Sioux Falls brewery property and will remodel it into a modern milk depot. Built in 1874, the building stood as a local landmark for nearly fifty years, with the brewery occupying it until July 1, 1917, when the state banned alcohol.
MENTIONED IN THIS ARTICLE
Associated Press
Sioux Falls
Film popularity tied for second in domestic interest
Inquiries show motion pictures of domestic interest lead, with Western thrillers and comedies tying for second place. The finding highlights audience taste for American made thrillers and lighthearted films.
CANDIDATES REACH WINDY CITY TODAY
Chicago dispatch reports the Republican presidential hopefuls moving from speculation to action. Johnson assumes personal charge, Hitchcock named field marshal, Mills arrives to chair policy talks, and the Mississippi Eighth District delegation joins Wood's camp as the platform conference nears.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Johnson
Frank H. Hitchcock
Ogden L. Mills
Hegin
Mississippi
Wood
President Wil accepts resignation of Frank L Polk
Washington June 4 Associated Press reports President Wilson accepted the resignation of Frank L Polk as under secretary of state. This confirms a major high level personnel change in the administration.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Wilso
Frank L. Polk
Plate
Pacific liners to get gyroscope stabilizers
San Francisco June 4 two new liners the Pacific Steamship Company will be equipped with gyroscope stabilizers. The device not yet used on the Pacific coast consists of a large flywheel operated by electricity and revolving on a horizontal plane. It tends to prevent the rolling of a ship.
MENTIONED IN THIS ARTICLE
Associated Press
San Francisco
Pacific Steamship Company
Pacific Coast
Montvic Mollie Breaks Canadian Shorthorn Milk Record
Montreal June 4 The shorthorn cow Montvic Mollie owned by J B MacAulay broke the Canadian record in a government one year test yielding 16.8 pounds of milk with 711 pounds of fat or 4.23 percent butterfat She has strong milking ancestry and a proven quilling line through both sire and dam
MENTIONED IN THIS ARTICLE
Dy Associated Press
Montreal
Que
Montvic Mollie
J. B. MacAuiey
Brazil Grants Preferential Tariff on U S Imports
Brazilian customs officials will apply a presidential decree dated March 10 providing preferential tariff rates for current year on United States origin imports. Wheat flour faces 30 percent, condensed milk, manufactured rubber articles, watches, inks, varnishes, typewriting machines, chests, balances, windmills, cement, corsets and school furniture receive 20 percent.
MENTIONED IN THIS ARTICLE
Associated Press
Rio de Janeiro
United States
Back on the Farm Draws City Laborers Homeward
Oklahoma City June 4. O L Hudson state employment bureau superintendent says cot tage garden cow and the satisfaction of being back on the farm lure many laborers and families back to rural life as an alternative to city day work. He calls it an excellent way out for workers who cannot live on city wages and for farmers with too much land to manage alone.
MENTIONED IN THIS ARTICLE
Associated Press
Oklahoma City
O. L. Hudson
State Employment Bureau
Mr. Hudson
Galveston Sees National Guard Deployed Over Strike
Galveston officials met with Adjutant General Cope to plan for the longshoremen strike as the governor orders National Guardsmen to Galveston. A mass meeting is set to denounce the governor’s action while strike leaders claim order and legality.
MENTIONED IN THIS ARTICLE
Associated Press
Galveston
Texas
Cope
National
Texas Senate endorses Hobby move to Galveston guards
In Austin on June 4 the Senate backed Governor Hobby by ordering the National Guard to Galveston. It defeated an amendment to a $100,000 bill for the move, with one proposal to cut to $50,900. Senator McNealus criticized governor’s information, while Hopkins noted fewer companies needed. The House, via suspension of rules, passed a dairy cattle exemption from dipping and a bill validating city charters for populations over 6,000.
MENTIONED IN THIS ARTICLE
Austin
Texas
Galveston
Texas National Guard
National Guard
Senate Today
Hobby
Ace Ton
McNealus
Hopkins
House
Anthracite wage dispute eyed by new three-member panel
President Wilson on June 4 appointed a three member commission to settle the wage controversy of the anthracite coal miners. The award is to be made within 60 days if practicable and would be retroactive to April 1 when contracts expired.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Wilson
Texas Shrine Council Meeting Planned in Galveston
Galveston Texas June 3 The Texas Shrine Council will meet in Galveston June 5 to consider matters of interest to Texas temples, announced by William H H Selmider illustrious potentate.
MENTIONED IN THIS ARTICLE
Associated Press
Galveston
Texas
Texas Shrine Council
William HH. Selmider
Magpies Kill Calves Claim by Garfield Rancher
Miles Cup Mont and Garfield county rancher F. C. Kilbler says magpies prey on calves with exposed sores pecking flesh until weakness or death follows. Kilbler lives near Woody Creek and cites injuries and calf losses as proof.
MENTIONED IN THIS ARTICLE
Associated Press
Miles Cup
Mont
F. C. Kilbler
Woody Creek
Garfield County
Treaty of peace with Hungary signed at Versailles
Versailles reports the peace treaty with Hungary was signed in the Grand Trianon Palace today amid public disorder in Budapest. Count Albert Appenyi, former head of the delegation, commented that conditions will improve and precautions have been taken to prevent outbreaks of violence and repudiation of the signing.
MENTIONED IN THIS ARTICLE
Associated Press
Versailles
Hungary
Grand Triation
Budapest
Albert Appenyi
Pearl Odell Given Twenty Year Sentence
The Associated Press reports in Rochester, June 4, that Pearl Beaver Odell received a twenty year sentence for aiding her husband James L. Odell in handcuffing Edward J. Kniep to a tree and beating him to death.
MENTIONED IN THIS ARTICLE
Iy Associated Press
Rochester
N. Y
Pearl Beaver Odell
James L. Odell
Edward J. Kniep
Aircraft breaks world nonstop flight record in 24 hours
June 4 report says airplane Go ath, piloted by Lieutenants Bossou trot and Bernard, stayed aloft for 24 hours 19 minutes 7 seconds covering 1 915 kilometers breaking the world's continuous flight record.
MENTIONED IN THIS ARTICLE
Associated Press
Pass
Goath
Bossoutrot
Bernard
Senate Hears Repeal Plan On War Legislation
Washington June 4 without amendment the senate judiciary committee reported the house resolution to repeal war laws with exceptions for the Lever act and the trading with the enemy act.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senate Judiciary Committee Today
House
Raising the Grade in Galveston Takes Step to Elevate
Galveston marine underwriters recommend storage eleven feet above mean low tide prompting several local compresses to begin work on grade raising.
MENTIONED IN THIS ARTICLE
Associated Press
Galveston
Texas
Rio de Janeiro offers builders concessions to curb housing shortage
Rio de Janeiro June 4. Municipal authorities grant favorable concessions to builders to tackle what is described as the most serious dwelling shortage the city has faced. A construction company proposes to erect thousands of wooden houses of a previously unknown type.
MENTIONED IN THIS ARTICLE
Sy Associated Press
Rio de Janeiro
Epworth League to Hold 28th North Texas Conference
Sherman Texas June 4 the twenty eighth annual session of the North Texas Epworth League conference will be held here June 10 to 18 with plans for special interurban cars between Sherman and Dallas to transport delegates.
MENTIONED IN THIS ARTICLE
Associated Press
Sherman
Texas
North Texas Epworth League
Dallas
How Bread Is Made Demonstration At Cincinnati Convention
A demonstration of the wheat to bread process will be a feature of the Community Millers' Association convention in Cincinnati Ohio this week highlighting milling methods and bread making.
MENTIONED IN THIS ARTICLE
Cincinnati
Community Millers’ Association
Visiting Relatives Bring Sprague To Laredo
William Sprague formerly of this city, now in Beaumont, visits Laredo as the guest of his aunt Mrs. A J Walters and brother George W Sprague. He notes four years since last visit with marked changes and improvements. He will travel next to Corpus Christi before returning to Beaumont.
MENTIONED IN THIS ARTICLE
William Sprague
Beaumont
Laredo
A. J. Walters
George W. Sprague
Mr. Sprague
Corpus Christi
Fewer Divorces Follows Ohio Supreme Court Ruling
Ohio will see fewer divorces as all decrees become subject to appellate review. Lawyers and court officials say last year Ohio recorded 8 777 divorces, most of which were uncontested.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio Supreme Court
Courts of Appeal
Peace treaty copies reach Washington by courier
The U S Senate adopted a joint resolution submitting the woman suffrage amendment to the states after peace treaty copies arrived in Washington by courier.
MENTIONED IN THIS ARTICLE
Germany
Washington
U. S. Senate
Also Mentioned on This Page
Violet S. Oberfeldt Society
Sue J. Smith
Tom Nye
Otis Walker
Horace Greenstreet
Elmer Rogers
St. Edna Trout
Nueces River
Cotulla
Mary Louise Cone
Troudcroft
New Mexico
Harry Sames
University
Will
Waco
Edward Brewster
City
Travis Bruce Bunn
Tampico
Tom Shirey
Shreveport
Beatrice Drake
Donna
Fred Netzer
I. Slaughter
Zapata
Tom Atlee
Baby of
Bettie Atlee
Martha and
Annie Henderson
Crandall, Texas
Mike Hassell
Margaret Heye
Circle A. W. M. A
Baptist Church
Philips
Fort McIntosh
Mesdames Ince
Miller
Trout
Lamb
Bell
Beddoe
Circle C
Lilly May Beaman
Cohen
Mesdames Walker
B. A. Burr
Burr
Beaman
Circle D. W. M. A
Aid Society
Ladies Aid Society of the Presbyterian Church
Ladies Aid Society of the Christian Church
W. C. Stodgers
Heights
Emerson
G. C. Hiatt
Samuel
Mesdames Needham
Clark
Hodges
Harper
Hiatt
Chas
Smith
J. N. Worsham
E. F. Hamilton
Millar
Phelps
Mackin
W. O. Rodgers
Keathley
M. Little
S. H. Earnest
Louise Trice
Walter Nye
Marguerite Yeaser
Irma Oxford
Ruth Neizer
Bob Burr
Allan Matthes
Cecil Matthes
Bruce Bunn
Mildred Leyendecker
Emilie Hassell
Anna May Mussett
Rosalie Biggio
Evelyn Ryan
Lois and Dorothy Derby
Kathleen Heaner
Odette Bunn
Hortense Leyendecker
Rosalie Wormser
Florence Armstrong
Minerva O'Sell
Corinne Hamilton
Carolyn Brennan
Albert Martin
Marriott Ladies Social Club
L. J. Christen
John Martin
Helen MacGregor
Mesdames Cogley
Christen
Barlow
Huberich
Brewster
MacGregor
G. W. Derby
Mesdames R. L. Muljer
Daiches
Epstein
Shiner
A. C. Hamilton
Zupann
B. M. Alexander
Seymour
Calveston
Windy City
Hitchcock
Senate
SION
Texas Shriners
Epworth League
Reatives
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