Italy Stabilizes Lira On Gold Basis Amid Global Talks
Italy adopts a gold basis with the lira set at nineteen per dollar. One gold lira equals 3.6 paper lira. The move ends Mussolini’s yearlong campaign for lira revaluation, backed by Strong Norman Stringher and Anglo American bankers. Two $125 million credits will open. Italian loans in dollars remain unaffected.
MENTIONED IN THIS ARTICLE
Associated Press
Rome
Italy
Council of Ministers
Mussolini
Pesaro
Benjamin Strong
Federal Reserve Bank of New York
Montagu Norman
Bank of England
Donaldo Stringher
Bank of Italy
Periodic crisis risks emphasized to burden states and taxpayers
The discussion frames recurring crises as dangerous to the national economy and notes the mechanism would impose onerous charges on states and, subsequently, on taxpayers, highlighting the fiscal strain and political contention surrounding such measures.
Supervisors of Schools to Meet in January
Statewide conference of parish supervisors of schools to be held in Alexandria on January 12 and 13, 1928. Topics include teacher-training institutions service, standardization of elementary schools, home study and lesson planning. Morning sessions feature arithmetic lesson observations and discussions.
MENTIONED IN THIS ARTICLE
Baton Rouge
Parish Supervisors of Schools
Alexandria
A. M. Hopper
Louisiana
New Coats Arrive at Fashion Shop on St John Street
The ad notes the latest coats arriving at Fashion Shop 108 St John street near Ouachita bank with prices such as 44.50 59.50 27.50 and 25.00 signaling quick selling. A separate historical line mentions a Henry VII statute banning commoners from playing cards during Christmas holidays.
MENTIONED IN THIS ARTICLE
St. John Street
Ouachita Bank
Henry VII
England
Close football decisions recalled at Michigan
In Ann Arbor two debatable calls echo the Notre Dame USC safety ruling. In 1907 Michigan used a triple forward pass against Pennsylvania, a play once ruled illegal then later declared legal. In 1923 Ted Rockwell’s run vs Wisconsin stood after a ruling that he remained upright, sparking Wisconsin protests.
MENTIONED IN THIS ARTICLE
Ann Arbor
Mich
Notre Dame
California
Chicago
Michigan
Yost
Pennsylvania
Quakers
Oats
Germany
Schultz
Wasmund
Allerdice
Magoffin
Wisconsin
Ted Rockwell
A Late Purchase of Less Expensive Coats
Thrift section offers coats at slash prices with groups priced at 25.00, 19.75, and 14.50. Compare quality and style to coats normally sold at much higher prices. Fashion Shop at 108 St. John street near Ouachita bank runs the sale.
MENTIONED IN THIS ARTICLE
St. John Street
Ouachita Bank
Ady
Stolen Hudson Auto Recovered Near Plum Street
The Hudson coach taken from F. L. Faulk at 115 Arkansas Avenue Tuesday night was found this morning by Officer Fred Pettit who heads the city prison gang. It lay stalled in a ditch near the woods on Plum Street and will need to be pulled out.
MENTIONED IN THIS ARTICLE
Hudson
F. L. Faulk
Arkansas Avenue
Fred Pettit
Plum Street
Bus Waiting Room at 208 South Grand
A transit stop note lists a waiting room at 208 South Grand with a telephone number 772 nearby. The brief entry records a location detail for passenger services.
MENTIONED IN THIS ARTICLE
Ruston
el Dorado
Interurban Transportation Co.—South
Alexandria
South Grand ST
R. J. Walker. Agt
Parliament Tells Britain Will Not Increase Navy
London dispatch reports that in King George V speech proroguing Parliament the government declares no intent to expand naval construction despite Geneva conference failure. It notes allied war debts policy aims to limit claims to balance reparations and debt obligations. War debt funding is signed with all concerned except Russia.
MENTIONED IN THIS ARTICLE
London
King George
Great Britain
Russia
Reading of the King’s Speech Delayed Parliament Prorogued
The passage notes disposal of outstanding tels and that parliament was prorogued until February 2. The brief mentions the reading of the king’s speech as part of the prorogation context.
Ruston Good Cheer Fund Reaches $1200 Plus Total
Special to The News-Star Ruston Dec 22 C C Gayne finance chair reports a balance of 1232.84 with final donations expected to push above 1300 this year T H Mills is general chairman and Mrs B Ritchie Townsend Holland and Mayor Moore direct distribution A city and rural survey was made to locate the greatest need for holiday relief.
Not a Home Until It’s Planted Plant Sale Ad
government inspected flowering shrubs roses evergreens and panay plants offered at low prices. plants are guaranteed to live and grow. M Anderson invites free estimates and landscaping advice for your land. call 107 Sapuce or telephone 2507-3.
MENTIONED IN THIS ARTICLE
Mest
Feast of Dedication Program at Local Temple
The Feast of Dedication will be presented tomorrow night at 7:30 at the local Jewish temple. A specially fine program has been arranged with many participants through Dr. Carl Schorr, local.
MENTIONED IN THIS ARTICLE
Carl Schorr
Public Invitation to Attend Religious Service
A cordial invitation is extended to the public to attend the upcoming rabbinic service at the local synagogue. All community members are welcome to participate in the observance and associated prayers.
Also Mentioned on This Page
J. P. Morgan and Company
Volpi
America
News-Star
Eckersall
Pettit
Ruston Good Cheer Fund
The
Kx. M. Anderson
Sapuce
Ial
Service
Monroe Automobile & Supply Co
Merrie
Canada
U.S
Canada Dry Ginger Ale, Incorporated
W. 43Rd Street
New York
N. Y
J. J. Mclaughlin Limited
Monroe Grocer Co., Ltd
Monroe Wholesale Drug Co., Inc
Monroe
Tri-State Transit Co—West
Shreveport
Central Savings Bank
Ouachita National Bank
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