Roosevelt presses to steady markets with gold policy
Washington Nov 27 The unchanged U S government gold price signals President Roosevelt will maintain monetary policy despite criticism. Morgenthau returns from Warm Springs to announce Treasury investment for the past week in government securities. A memo questions the RFC plan legality, while RFC counsel Reed and Gaston discuss the matter.
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London
Dean“ Achéson
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Acheson Plan Seen as Illegal Reed Delays Comment
The acting secretary told reporters that Acheson’s opinion was delivered to the President and could not be publicized even if the treasury possessed such a document. Reed declined to confirm or comment. Acheson, reportedly at his Connecticut home, was known to have considered the plan illegal.
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Departure Seen as Proof of Lack of Sympathy for Project
The recent exit by the individual is viewed as evidence of his disregard for the project and its aims, underscoring a visible disconnect with the initiative and its goals.
Post-Repeal Beer Set for Stronger Kick in Pittsburgh
Pittsburgh reports after repeal beer will be given a stronger kick. An AP dispatch from November 27 notes the law change will raise beer intensity by about three point two degrees, reflecting a new policy aim.
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Pittsburgh
Brewers discuss future beer strength and public preference
Brewers argue over post prohibition limits on alcohol content. They note pre prohibition brews averaged around 3.27 percent and suggest plans to produce beers at 5 percent and ales at 7 percent. John A. Friday of Pendent Brewing Co expresses interest in public demand as other brewers consider similar changes.
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Canada
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Pendent Brewing Co
Saunders' Saundering Comeback Amid NRA Struggles In Memphis
Clarence Saunders declares he remains unlicked as his Main Street self service store closes in Memphis amid wage gains and lower gross income. He cites NRA program effects while recounting past battles with Wall Street over Piggly Wiggly and financial peril.
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NRA
Isis
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Clarence Saunders
Swill and retail fears stall business as owner vows to quit
Fragmentary lines reveal a stressed grocery trader speaking of ending his own business and concerns over risks and costs. The voice hints at termination of operations, with pressure from ongoing market conditions. His resolve appears firm despite uncertainty.
Marx Brothers at the Varsity in Duck Soup encore
The Varsity audience enjoyed the Marx Brothers first evening showing of Duck Soup with steady laughter and strong crowd approval. Groucho, Harpo and Chico deliver sharp wit while Rufus Firefly’s kingly plot unfolds with the brothers causing comic chaos. The program also features strong Varsity shorts and lively crowd response.
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