Monetary Systems and the Case for Managed Money
The article extolls public interest in monetary systems and cites Professor Gustav Cassel of Sweden as a leading authority. It explains gold standard limits, argues for managed money, and suggests inflation as a corrective measure by major gold-standard countries.
MENTIONED IN THIS ARTICLE
Gustav Cassel
Sweden
League of Nations
Oxford
Cassel
France
United States
Professor Cassel
Gan
Bank insolvencies seen as system flaw not mood
Dr. Charles O. Hardy of the Brookings Institute argues that American bank failures from 1921 to 1931 stem from inherent banking instability. He cites 8,784 insolvencies or 29 percent of banks as of 1931 and warns the system relies on risky pyramiding of obligations payable on demand with scant cash and weak stockholders equity.
MENTIONED IN THIS ARTICLE
Charles O. Hardy
Brookings Institute
United States
Hardy
Man Found Free of Rheumatism After 20 Years
A man claims to have suffered rheumatism from 1910 to 1930 but says he is free from pain since taking Kruschen Salts. The advertisement asserts uric acid crystals cause rheumatism and that Kruschen dissolves them and prevents recurrence with a onetime daily dose.
MENTIONED IN THIS ARTICLE
W. P
Kruschen
Simplicity Urged in Education Over Phrase Choice
The writer hopes higher education not foster a generation that clings to formal phrasing. They argue people should admit simply they went home and read a book rather than say they proceeded to their residence and perused a volume.
A Real Benefactor Erects Haynes Memorial Shaft
Portland Indiana honors Elwood Haynes as the inventor of the modern automobile with a stone shaft memorial. A humorous note questions public zeal for future inventions that endure beyond one season. Persian Balm is advertised as a charm enhancing cosmetic for women, promising smooth skin and refined appearance.
MENTIONED IN THIS ARTICLE
Portland
Ind
Elwood Haynes
Bright news despite official boy’s conference report
The article notes with cheer that the writer is not the office boy announcing Premier Cheng Hsiao Hsu of Manchukuo in conference with Foreign Minister Hsieh Chieh Tsih, preferring a bright side view of the situation.
MENTIONED IN THIS ARTICLE
Cheng Hsiao-Hsu
Manchukuo
Hsieh Chieh-Tsih
Worm Exterminator Promoted As Child Health Aid
An advertisement touts Moth er Graves' Worm Exterminator as a simple remedy to protect children's health against intestinal worms. The copy emphasizes vitality preservation and safety in a 1967 notice style.
Premier Herriott Pays Tribute At German War Dead
Premier Edouard Herriott of France dedicates a new municipal hospital in Lens and honors German war dead, urging a pacific plan and renunciation of arms. France seeks calm relations with former enemies and tribute to those who died. An oil called Dr. Thomas Eclectric Oili is described as widely prized and unmatched.
MENTIONED IN THIS ARTICLE
Edouard Herriott
France
Lens
Thomas
Eclectric Oili
War Debt Cancellation Beneficial If United States Cancels Debts
The London Daily Telegraph argues that canceling war debts could be profitable for the United States. It cites Senator Borah and estimates the cost of the global debt crisis at about 36 billion pounds or 150 billion dollars, noting the financial system is disrupted by large wartime payments.
MENTIONED IN THIS ARTICLE
United States
Borah
London Daily Telegraph
Canadian theatres boast top fire safety rating in Canada
Ottawa report by Dominion Fire Commissioner J. Grove Smith notes Canadian theatres have the highest fire safety rating among properties. Only 19 theatre fires last year with total loss of 4200 dollars. Ontario managers praised for patron safety as 3,000,000,000 feet of film were shown in nearly a thousand theatres nationwide.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
J. Grove Smith
Dominion
Ontario
St. Thomas
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