Treasury Seeks New Ways to Borrow Money for Defense
Washington experts estimate a 1941 defense bill requiring about 5 billion dollars to be borrowed locally and from the public. They consider a national defense bond series and small baby bonds priced at low values to mobilize ordinary citizens, with an increased federal debt limit.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Secretary of the Treasury
Morgenthau
Rooseviet
Coness
National Defense
Imilar
Greek Forces Repulse Italian Counterattacks
Greek forces repulsed strong Italian counterattacks in two Albanian battlefront sectors. North of Chimara they gained local ground near Valona as fresh Italian troops pressed, while north of Klisura Italians suffered heavy losses. Greece continued shelling Tepelen Klisura defense lines from newly captured heights toward Valona and Durazzo.
MENTIONED IN THIS ARTICLE
Athens
Chimara
Valona
Klisura
Tepelen Klisura
Durazzo
Paul F. Good Reappointed Topeka Bank Chairman
Paul F. Good of Lincoln Nebraska was re appointed chairman of the Topeka Federal Home Loan Bank by the Federal Home Loan Bank Board. Ross Thompson of Tulsa was appointed vice chairman.
MENTIONED IN THIS ARTICLE
Paul Good
Washington
Paul F. Good
Lincoln
Neb
Topeka Federal Home Loan Bank
Federal Home Loan Bank Board
Ross Thompson
Tulsa
Price effects of wartime inflations and debt dangers
The questions examine how money inflations during the Revolutionary War Civil War and post World War I in Germany and France altered price levels and how general price rises erode money value. They also warn of grave dangers from mounting national debt and seek ways to avoid risks linked to large public borrowing.
MENTIONED IN THIS ARTICLE
Germany
France
Understanding money value and national debt in wartime
The text argues that price levels reflect money value and suggests that debt levels can be safe with proper controls. It calls for limiting paper money issuance, prudent government spending, and postponing nonessential expenditures while sustaining armament programs to reduce future tax burdens. It emphasizes public understanding of government debt money and taxes.
MENTIONED IN THIS ARTICLE
Germany
Capper Warns Against U.S. Involvement in War
Senator Capper states he will use “everything in my power” to keep the United States out of a foreign war though he concedes the next Congress may face deciding if the nation enters conflict to aid Great Britain. He urges defenses with Caribbean and Newfoundland bases and questions loans to Britain.
MENTIONED IN THIS ARTICLE
Washington
Congress
Capper
R.kan
United States
Great Britain
U. S
Caribbean Sea
South America
Newfoundland
England
Britain
London Fire Under Control After Night of Bomb Fury
Fire authorities reported Great London under control after a massive night raid. Bombers dropped 50 to 100 incendiaries on districts from the center to outlying areas as firemen and volunteers battled blazes, with sporadic air battles overhead and many spotters feared dead or wounded.
MENTIONED IN THIS ARTICLE
London
Anderson
St. Paul’s
Ludgate Hill
Haydon elected president at Music Teachers National Convention
Glen Haydon of the University of North Carolina was elected president of the Music Teachers National Association at its 62nd annual convention in Cleveland. D. M. Swarthout of the University of Kansas was reelected secretary. The 1941 convention will be in Minneapolis during the holiday week.
MENTIONED IN THIS ARTICLE
Cleveland
Glen Haydon
University of North Carolina
Music Teachers National Association
D. M. Swarthout
University of Kansas
Minneapolis
Toll of War Reported in China Japan Conflict
Tokyo dispatch reports the Japanese war department says 1,800,000 Chinese and 100,000 Japanese have died since hostilities began in July 1937. The 1940 death toll cites 590,000 Chinese and 13,000 Japanese killed.
MENTIONED IN THIS ARTICLE
Tokyo
Japanese War Department
War Department
Kansas Ag payments top $2,000 to 191 recipients
In Lawrence area reports show 191 Kansas farmers owners and firms received conservation payments totaling over 2 000 under the 1988 AAA program. The only recipient in this part of the state was the Elizabeth M Watkins estate which got 2358 63 for land in western Kansas.
MENTIONED IN THIS ARTICLE
Kansas
AAA
Elizabeth M. Watkins
British Bomb Naples and Greece In World War II Briefing
British planes bomb Naples killing seven and dropping propaganda leaflets in two waves. Italian ships shelled Greece and Greek occupied Albania with destructive results while fliers hit Preveza and a harbor steamer. Greeks reportedly repulsed in Albania as Italy damages British mechanized units. Italian submarine claims a British bomber down.
MENTIONED IN THIS ARTICLE
Rome
Naples
Greece
Albania
Preveza
High Command
Bardia
East Africa
Atlantic
Deaths and Marriages and Sale of Monte Pearson
Deaths and funerals and marriage licenses list multiple names with locations in Ohio. The Yankees announce the sale of Monte Pearson, veteran pitcher, to the Cincinnati Reds for an undisclosed sum.
MENTIONED IN THIS ARTICLE
David P. Zimmerman
Cincinnati
Ohio
Ruth Hawk
Harrison
Gilbert E. Mitchell
Betty Louise Lewis
Topeka
Woodrow
E. Crawford
Ottawa
Leona E. Rice
Pomona
James Mitschele
Lawrence
Ira Ruth Shaw
Linwood
Lawrence Free Public Library Holiday Closure
The Lawrence Free Public Library will be closed all day on Wednesday, New Year's Day. No services will be available, and normal hours resume the following day.
MENTIONED IN THIS ARTICLE
Lawrence Free Public Library
Roosevelt Pledge Seeks Broad Aid For Britain And Allies
The President outlines expanded aid to Britain and allies, arguing the least risk path to peace is aiding defense efforts now. He stresses arming the Allies, warns of internal subversives, and affirms no American expeditionary force will be sent abroad. He pledges the nation as the arsenal of democracy with swift production.
MENTIONED IN THIS ARTICLE
Britain
Oval Room
White House
Sarah D. Roosevelt
Europe
Mr. Roosevelt
America
Great Britain
Roosevelt
Germany
Local Society Notes and Holiday Travel
Local personals list families visiting and traveling during the holidays. Mr and Mrs Charles Stough and Vera return from Chicago. The Borgelts and Nancy Nell Kramer visit Lawrence relatives. Mrs George Mills and Mr Mills plan New Year travel to St Louis Chicago and Detroit to buy a car before visiting friends in Lawrence. Mrs Arnold and relatives move between Houston Kansas City and Lawrence. Mr and Mrs Herd and children return to Memphis after visiting Powell family. Mr and Mrs Harry Brown and daughters head home to Lincoln. Minnie Preisach remains seriously ill. Albert Learned travels to join his father S B Learned for a birthday celebration.
MENTIONED IN THIS ARTICLE
Charles Stough
Vera
Margaret Stough
Chicago
Detroit
Lawrence
John Lees
James H. Arnold
Houston
Tex
Arnold
Andrew Jackson
Kansas City
Mr. Arnold
Great
Glenn Charlton
Lincoln
Neb
Minnie Preisach
Albert Learned
Learned
Kansas Not Entitled to Federal Aid on Liquor
Federal Judge Merrill E. Otis ruled Kansas not entitled to federal cooperation in enforcing its liquor laws against unlicensed transport into the state. The 1939 Kansas measure seeking federal help was found ineffective and did not ban all sales of beverages over 4 percent alcohol by volume.
MENTIONED IN THIS ARTICLE
Kansas City
Merrill E. Otis
Kansas
Dental Service Specials by W W Russ
Short time offers in dental service by W. W. Russ advertise over crown dental care with emphasis on cost not mentioned. Readers are urged to seek value and limited availability for dental specials.
MENTIONED IN THIS ARTICLE
W. W. Russ
Crown
Gayda Warns United States May Enter War Over Axis Tensions
Rome dispatch reports Virginio Gayda in Il Giornale d Italia warns Roosevelt could trigger U S intervention if the United States ships face counter blocks or cedes German and Italian ships in U S harbors. He says the speech shows neutrality fading toward non belligerency and near war. Morgenthau says the plan could apply to anyone depending on Congress.
MENTIONED IN THIS ARTICLE
Rome
Virginio Gayda
Roosevelt
Rome- Berlin
Il Giornale d'Italia
Gayda
United States
Axis
America
Britain
Stefani
Althe
Germany
New Year Shows At Granada And Patee Theaters
The Granada and Patee theaters plan special New Year’s Eve programs at 11 30 pm with advance tickets available to skip the line. Granada features This Thing Called Love and Mickey Mouse with Jan Garber’s band. Patee shows Henry Goes Arizona. Free noisemakers hats and serpentine will be given to moviegoers.
MENTIONED IN THIS ARTICLE
Granada
Patee
Toay
Mickey Mouse
Jan Garber
Henry
Arizona
Lease Lending Plan May Apply to Other Nations
Washington reports Secretary Moreenthau said Roosevelt's lease lending plan for financing war materials "might apply" to Greece, China, and other nations. He noted discussions about lending airplanes and other gear to Greece and other allied states.
MENTIONED IN THIS ARTICLE
Washington
Moreenthau
Roosevelt
Greece
China
Crowder Riverside Farm Bureau Christmas Party Notes
Crowder Riverside Farm Bureau unit met for a Christmas party with all members present except one. The home was festively decorated with Yuletide pine boughs and Colorado trip souvenirs. A covered dish luncheon followed a brief business meeting and carols led by Mrs. Owen at the piano. Mrs. Owen Mitchell read the Christmas story.
MENTIONED IN THIS ARTICLE
Riverside Farm Bureau Unit
Clarence Springer
Colorado
Owen
Owen At the Piano. Mrs. Owen Mitchell
Birth
Christ
Christmas gathering spawns merry mischief and new member
The text recalls a gift exchange among mystery pals full of merriment. A new unit member named Birs Koehler joins for the coming year. Guests including Mrs Rodell, Mrs Springer, Rosemary Schirer and others share a sleigh ride and visit the Hodsons and Beuermans. A birthday dinner honors Mrs Beuerman's mother Mrs Cox. Several family members battle measles and flu as Jane Potter visits Lawrence folks.
MENTIONED IN THIS ARTICLE
Ter
Luke
Merriien
Birs. Koehler
Rodell
Springer
Rosemary Schirer
Misselena Norwood
Albert Pasley
Bob’y
Jack, Mac
Jim Norwood
Mapton
Henry Collins
C. N. Hodson
Donna
Cox
George
Thedla
Hen Beuermean
Beuerman
Julius Beuerman
Idella
Henry Beuerman
Leo
Sonny
Phil Hodsor
Jane Potter
Lawrence
Cc. c. Potters
Also Mentioned on This Page
Church of God
Eleventh
New Hampshire
Sen. Capper
Great London
Reelect
Dean Swarthout
K. U. Music
National Association
Journal-World
Orient
Adolf Hitler
Hitler
Western Hemisphere
Asia
Africa
Axia
American Hemisphere
Lawrence Memorial Co
Norman Dace
Westinghouse
Olson Bros
Allison-Armstrong
Wale S. Fitch Agcy
Esther L. Parry
Eokomy
PUNKS
BNE SF
Osee
Nature
Lump
Logan-Moore Co
Krum Coal Co
Orley M. Smith Coal Co
Snider
University Coal Co
John’s Coal Co
Reedy Ltr
and Coal Co. Coal Co
Palace Clothing
Michaels Stern
Ken Calvert
Federal Savings and Loan Insurance Corporation
Massachusetts ST
Jayhawk
Snider Coal Company
Quality Coal and Service
N. H. St
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