Currency bill becomes a law with regional reserves
Washington December 23 news outlines a far reaching currency banking finance law. It creates regional reserve banks to hold reserves and provide liquidity while preserving bank safety and introduces elastic treasury notes for emergencies. Banks must join and meet capital rules, with a federal reserve board overseeing the system.
MENTIONED IN THIS ARTICLE
Washington
Congress
Secretary of the Treasury
New York
Chicago
St. Louis
Treasury
Federal Reserve Board
United States Treasury
United States
Reginal
Federal Reserve
New Currency Law Faces Banking Bigwigs and Regulators
Des Moines bankers view the currency bill as potentially stimulative if enacted, with savings banks largely unaffected. Key figures, including Leo Stevens and Charles Martin, note uncertainty pending final draft, while others discuss regional bank benefits, farm loans, and reserve requirements.
MENTIONED IN THIS ARTICLE
Des Moines
Leo HK. Stevens
Snayvings
Senate
Charles H. Martin
The
People's Savings
Arthur Reynolds
Des Moines National
J. D. Whisenand
Central State Bank
Wilson
Iis
Disputed Points Adjusted in Conference on Federal Reserve Reforms
Conference changes affect bank structure and governance. Alaska excluded from act while reserve district rules set minimums and capital. Salaries rise for federal board members and terms extend, with new class director rules and reserve requirements. Net deposits basis tied to interbank balances and par collections largely restored.
MENTIONED IN THIS ARTICLE
Senate
House
Secretary of Agriculture
Federal Reserve Board
Alaska
Federal Reserve District
Federal Reserve Bank
Federal Reserve
Federal Board
Reserve Board
Reserve Banks
Federal Reserve Banks
Congress
Golden wedding joy in Norfolk family of ten
In Trunch Norfolk Mr and Mrs John Pitt celebrate their golden wedding with ten children all still living. Their weekly wages ranged from 2 50 to 4 dollars, scarcely a living wage but enough for the large family.
MENTIONED IN THIS ARTICLE
John Pitt
Trunch
Norfolk
England
Furniture Factories Kept Busy
Factories supply the nation with furniture and households spend about 239 million dollars yearly on home furnishings.
Women Propose Marriage In Their Own Manner
A note from the San Antonio Express states that women should have the right to propose marriage if they desire it, though often the proposal is not made by their own choosing.
MENTIONED IN THIS ARTICLE
Jesus
Paul
Pater
John
God
Satan
Jesus Christ
Christ
San Antonio Express
Cabaret Defined By A New Yorker Perspective
A Nashville lumberman quotes a New Yorker who explains cabaret as an institution that removed the restaurant’s rest and added din to dinner, highlighting cabaret's role in social dining.
MENTIONED IN THIS ARTICLE
Nashville Southern Lumberman
Magnate Buys Elegant Doll For Daughter Worth A Thousand
A city magnate pays one thousand dollars for a doll with a complete trous peau wardrobe of dozens of miniature fashionable costumes. The doll is a marvel of workmanship and meant as a gift for his little daughter.
Cancer's Annual Toll
Cancer yearly kills 25,000 persons in the United States. The report outlines the nationwide impact, highlighting death tolls and the ongoing health burden.
MENTIONED IN THIS ARTICLE
United States
Peculiar Storage Places for Gold Leaf Bibles
Old Bibles and Testaments are used as storage for gold leaf by gold beaters in some communities where the principal industry lacks other storage methods.
Honest Policy and Kiss Line Stir Fuss
A quoted exchange contrasts honesty with bold behavior as a Wise Guy cites honesty while a Simple Mug jokes about hesitation in stealing a kiss. The remark frames moral tension and light crime edge in a witty streetwise exchange.
Vagaries of the Hunter Life in Maryland Incident
A Maryland hunter fired at a trolley he mistook for a deer. The incident raises questions about his ammunition source as the report notes confusion over where he bought the rounds. The Louisville Courier Journal documents the curious mishap and its unclear details.
MENTIONED IN THIS ARTICLE
George M. Bechtel
Davenport
State Executive Council
Bechtel
Iowa
State of
Maryland
Louisville Courier, Journal
Leechlike in The Joy of Youth Kiss
An excerpt from Eden Pholpotts poem The Joy of Youth describes a kiss so long it mirrors the life of many earthbound creatures, using vivid metaphor.
MENTIONED IN THIS ARTICLE
Earth
Eden Pholpotts
New York Jewels Valued At Half a Billion Dollars
A conservative estimate values New York City jewels at 500 million dollars, more than twice the combined worth of all universities colleges and technical schools nationwide.
MENTIONED IN THIS ARTICLE
New York
New York City
Fruit tree counts in the United States soared
The article notes about 200 million bearing apple trees, around 20 million pear trees, and over 16 million cherry trees in the United States, highlighting vast orchard scale.
MENTIONED IN THIS ARTICLE
United States
Quartet of agreeable fellows sing with distressing discord
A Birmingham Age-Herald quip notes a quartet of young men who are friendly but clash badly when they sing, highlighting their cheerful camaraderie and vocal discord.
MENTIONED IN THIS ARTICLE
Birmingham Age-Herald
Revenue Men Killed by Smugglers Near Mount St Martin
The two revenue officers Compeau and Thevenin were killed near Mount St. Martin in France while performing their duties. Several assailants, identified as notorious smugglers, have been arrested.
MENTIONED IN THIS ARTICLE
Mount St. Martin
France
Compeau
Thevenin
Japanese Smoking Tree Wonder in Ono Evening Smoke
The smoking tree of Ono Japan appears only at dusk with smoke rising from the top of the trunk. Local residents describe the phenomenon as a natural wonder seen after sunset each day.
MENTIONED IN THIS ARTICLE
Ono
Japan
Inspiration Stifled and Silent Souls
A reflective meditation on how external noise and inner passions mute inspiration. The speaker urges stillness within so the soul may perceive the ineffable Yosey-Fanalon amid deep spiritual quiet.
MENTIONED IN THIS ARTICLE
Fanalon
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Prairie Jim Wilson
James H. Wilson
Praiirie Jim" Wilson
W. 8. Allen
Superintendent of Public Instruction
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Messrs. Fuller and Woodruff
Tiekt—L John
Bethlehem
Mozart
Liszt
Chopin
William Evans
D. D. Moody Bible
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