Bankers gain ease as open market buys are planned
Federal Reserve open market committee prepared to purchase government securities to bolster bank reserves ahead of May 1, 1937 reserve requirement increase. The move aims to ease money market conditions and support orderly adjustment by member banks.
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Reserve Board
Open Market Committee
Federal Reserve System
Roosevelt
Secretary of the Treasury
Morgenthau
Eccles
Reserve Boatd
Federal Reserve Banks
Harrison
Senate Finance Committee
Congress
Federal Reserve Board
Treasury
Uncle Sam
Santa Claus
Radical Sit-Down Siege Bites Minnesota Senate
Early in Minnesota, about 1 000 Farmer Labor zealots staged a sit-down in the state house to push Gov. Elmer A. Benson’s program to tax the rich and urge Congress to pack the Supreme Court. They occupied the senate chamber, seeking to pressure the conservative chamber while the house remained more pliant. The sit-in appeared to have Benson’s indirect blessing.
MENTIONED IN THIS ARTICLE
Minnesota
Senate
Elmer A. Benson
Gov. Benson
Congress
Supreme Court of the United States
Senate Chamber
Benson
Franco Faces Revolt Within Fascist Army In Spain
Mutinies wrack Franco’s fascist forces as arrests and executions follow a plot spanning Spanish Morocco and southern Spain. Reports say 10,000 Italians and Germans may be involved, with Italy denying troops landed at Ceuta. Franco rushes to Morocco amid clashes over coal and mineral territory near Pozoblanco as government troops push fascist units back toward Cordoba. Great Britain and France warn against merchant vessel harassment by Franco’s navy.
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Franco
Spain
Spanish Morocco
Ceuta
Morocco
Cordoba
Pozablanco
Great Britain
France
White House conference hints on sit-down strike in capital
Washington letters note mail protests spur talk of a White House conference on sit-down strikes. Congress debates presidential actions and constitutional limits while labor critics press for stronger roosevelt responses.
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Roosevelt
Perkins
Sidney Hillman
Hillman
Wagner
New York
Senate
Labor Relations Board
Martin Diew
Texas
House Rules Committee
United States
John L. Lewis
General Motors
Pontiac
Flint
Mich
Washington
White House
Capitol Hill
Frances Per- 5
The Origins of Helen the Elephant and Tax Drama
A humorous reminiscence recalls an elderly elephant named Helen who refused to depart for winter quarters, prompting handlers to drag her aboard a car amid protests. The essay then argues for balanced budgets, federal overreach, and a critique of parole systems, contrasting American equality with English freedom and highlighting concerns over self-determination and governance.
MENTIONED IN THIS ARTICLE
Ganta Monica
Calif
Helen
Bridgeport
Conn
Europe
Notable figures in society and racing headlines
In New York and Kentucky, veterans of the racing world and art circles loom large. Colonel Matt Winn, aged seventy five, steers the Kentucky Derby push as Churchill Downs rebuilds after floods, while Dr. Willam Valentiner affirms a Rembrandt find amid postwar debates. Also, Harvard trained Puerto Rican activist Pedro Albizu Campos faces jail amid national unrest.
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York
Churchill Downs
Matt Winn
Man River
Wall Street
Kentucky
Colonel Winn
Aristides
Kentucky Jockey Club
Nash
James Butler
Empire City
Chicago
Laurel
Godolphin
Bangtalls
Willam R. Valentiner
Detroit Institute of Art
Juno
New York
Valentiner
Metropolitan Museum
Germany
America
The
Hague
Royal Museums of
Berlin
United States
Canada
Puccle Rieo
Fire Damage Slight Only
Fire damage described as slight with some forests and woods affected. The report notes that 71 acres were damaged and records indicate nearby areas totaling 2820 were impacted. Local authorities assess minimal structural impact and ongoing containment efforts continue.
MENTIONED IN THIS ARTICLE
Heebt
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