Inflation Amendment Passes Senate in Farm Relief Bill
The Thomas inflation amendment won easy Senate approval, moving the farm relief bill back to the House. Opponents led by Senator Reed argued that controlled inflation would backfire, while supporters claimed it would shift value toward debtors. The article notes debate over silver coinage, embargo powers, and broader plans to stabilize markets and reset war debts.
MENTIONED IN THIS ARTICLE
Senate
Roosevelt
Herriot
House
David A. Reed
Pennsylvania
Reed
Tydings
Maryland
Thomas
Oklahoma
Pat Harrison
Mississippi
Mellon-Mills-Reed” Group
Inflation and gold standard debate shape 1931 policy
Economists clash on inflation risks and the gold standard as the White House considers the Thomas amendment and the Goldsborough bill. Inflation measures raise prices while potentially devaluing the dollar. some see this as bluff to halt price declines and bolster talks with foreign statesmen. Roosevelt meets with MacDonald and Herriot on disarmament and U S plans to join Kellogg Pact efforts.
MENTIONED IN THIS ARTICLE
Borah
Goldsborough
Canada’s Bennett urges united action amid world crisis
Prime Minister Richard Bennett in Washington says Canada ready to discuss closer trade with the United States and stresses immediate, bold action to avert world disaster. He notes Ottawa accords do not limit trade and cites Canada’s mixed status on the gold standard as compared with the United States.
MENTIONED IN THIS ARTICLE
Richard B. Bennett
Canada
Washington
Guido Jung
Italy
Hjalmar Schach
Germany
Japan
Viscount Kikujiro Ishii
Bennett
United States
Ottawa
Rhodes
House OKs McSwain bill for Muscle Shoals work
The House passed the McSwain bill 306 to 91 to authorize operation of the Muscle Shoals development. Seventeen Republicans and five Farmer-Laborites supported the measure, which includes a $10,000,000 appropriation and a $50,000,000 bond issue. the Nebraskan plan is stricter on government power lines. The Norris bill remains less drastic, authorizing necessary appropriations instead. The world disarmament conference in Geneva saw Massigli present an anti war pact draft excluding the American continent. He proposed commissions in each signatory capital to determine violations and aid victims.
MENTIONED IN THIS ARTICLE
MacDonald
Roosevelt
Great Britain
M. Herriot
France
Congress
United States
MacDonald and Herriot
Herriot
Eee
House
McSwain
Muscle Shoals
Geneva
Rene Massigni
Massigli
Canada
Argentina
Japan
Mussolini four power peace plan stirs European debate
Britain and Germany show possible openness while France and the little Entente nations resist. Czechoslovakia belts of sentiment rise as Edouard Benes tells Prague parliament that changing borders demands an army and calls the plan a backward step, warning that surrender of territory brings bloody wars.
MENTIONED IN THIS ARTICLE
Ussolini
Great Britain
Germany
France
Poland
Czechoslovakia
Edouard Benes
Prague
Russia and France Align Over Far East Rail Dispute
Russia and France forge closer ties over the Chinese Eastern railway dispute as Germany and Japan drift apart. An exchange of military information and instructors signals growing cooperation, with a pan German and pan Slav tensions shaping Europe and France aligning with Slavic interests.
MENTIONED IN THIS ARTICLE
Oviet
Russia
Japan
France
Germany
Italy
Japanese General Offensive Opens Route to Old Chinese Capital
Japanese forces launch a broad southward attack beyond the Great Wall after continuing Chinese resistance near Kupeikow and Peiping. The Manchukuoan government states only recognizing nations gain from its open door policy.
MENTIONED IN THIS ARTICLE
Kupeikow
Peiping
North China
Great Wall
Japan
Nazi antisemitic campaign escalates in Germany and Romania
Goebbels denounces Jews and warns of harsher measures while May Day is proclaimed a national labor fest. Kiel students press for the resignation of 28 Jewish professors. In Bukovina a Fascist order orders a ten day boycott of Jewish shops.
MENTIONED IN THIS ARTICLE
Germany
Joseph Goebbels
Cologne
Goebbels
Kiel University
Romania
Bukovina
Nellie Tayloe Ross Named Director of the Mint
Former Wyoming governor Nellie Tayloe Ross has been appointed by the President as director of the mint. Her role comes after years of active service as vice chair of the Democratic National Committee and head of the party’s women’s organization.
MENTIONED IN THIS ARTICLE
Ormer
Nellie Tayloe Ross
Wyoming
Republican Federal Associates Formed to Support 1934 GOP Return
Ogden Mills rEPUBLICAN Federal Associ ates unites Hoover era leaders to aid the party in 1934 elections. Walter F. Brown presides. Mills chairs. Arch Coleman runs Washington HQ. W Irving Glover directs organization. Board includes six Hoover cabinet members. aims to rally Republicans active in the past twelve years and win back Roosevelt supporters. Wisconsin ratifies prohibition repeal by unanimous vote in Madison.
MENTIONED IN THIS ARTICLE
Republican Federal Associates
Walter F. Brown
Ogden Mills
Treasury
Hoover
Arch Coleman
Washington
W. Irving Glover
Roosevelt
Ernest Lee Jahncke
Nicholas Longworth
Charles J. Moos
William R. Castle
Coleman
Mills
Epochal shift in U S currency under Roosevelt policy
The article discusses the departure from the gold standard ordered by President Roosevelt on April 21, describing the epochal changes in U S currency during 1933. It explains the embargo on gold exports, the shift to flexible currency, and the potential inflationary effects, including the proposed $3,000,000,000 in new money and changes to the gold content of the dollar.
MENTIONED IN THIS ARTICLE
Washington
America
Roosevelt
United States
Congress
Treasury
Federal Reserve Banks
Federal Reserve Board
Reserve Banks
Reserve Institutions
Also Mentioned on This Page
Edward W. Pickard
White House
Sen. Thomas
Edouard Herriot
R. B. Bennett
William Bruckart
Federal Reserve
Western Newspaper Union
ED Howe
Herbert Spencer
Samuel Butler
H. G. Wells
England
Bell
WWNU
Howe
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!