Bankers Split Over New Deal Financing at Washington Convention
Financiers gathered in Washington for the American Bankers Association annual meeting with debate on state aid and government policy. Roosevelt urged bank cooperation to fund the New Deal as industry leaders warned of budget strains and central bank questions. The session elected Rudolf S. Hecht as president and pressed for a balanced budget.
MENTIONED IN THIS ARTICLE
Washington
American Bankers’ Association
Francis Marion Law
Houston
Texas
United States
Federal Advisory Council
Constitution Hall
Roosevelt
Jackson Reynolds
First National Bank of New York
Jesse H. Jones
Reconstruction Finance Corporation
J. F. T O’connor
Jones
Rudolf S. Hecht
New Orleans
Mr. Law
American Legion
Miami
Fla
Legion
Frank Belgrano, Jr
San Francisco
Belgrano
Daniel J. Doherty
Woburn
Mass
Harold J. Warner
Pendleton
Ore
John Kenelly
Mandan
Milo’ J. Warner
Toledo
Ohio
Quimby Melton
Griffin
Park. W. Huntington
St. Stephen's Lutheran Church
Wilmington
Del
John D. Crowley
Cambridge
the Legion
A. C. Carlson
Willmar
Minn
American Legion Auxiliary
St. Louis
English and Dutch pilots win London to Melbourne air derby
W. A. Scott and Campbell Black of England won the London to Melbourne air derby in the Red Comet, lowering the record by hours. K. D. Parmentier and J. J. Moll of Holland finished second in a longer route, while Col. Roscoe Turner and Clyde Pangborn misrouted near Allahabad, India, delaying their arrival. The Mollisons from England are noted among the famous aviators.
MENTIONED IN THIS ARTICLE
Campbell
Black
England
London
Melbourne
K. D. Parmentier
J. J. Moll
Holland
Col
Roscoe Turner
Clyde Pangborn
Allahabad
India
James and
Amy Mollison
Crazy Boy Agello Sets Seaplane Speed Record
Francesco Agello of Italy known as Crazy Boy flew his seaplane over a Desenzano course four times at an average of 440.29 mph securing a new speed record. The report also notes political events in Wisconsin and labor unrest among silk and rayon dyers in Passaic valley.
MENTIONED IN THIS ARTICLE
Francesco Agello
Italy
Desenzano
ILK
Rayon Dyers
Passaic Valley
New York
George Baldanzi
Federation of Silk and Rayon Dyers
P. W. Chappell
Department of Labor
Hauptmann Arranged for Trial in Lindbergh Baby Case
Rudolf Hauptmann, extradited from New York to Flemington New Jersey, is held for trial on the Lindbergh kidnapping murder. Attorney General Wilentz and aides prepare the case. Richard Lightfoot of Franklin Park claims his son identified Hauptmann. Hauptmann pleads not guilty, trial set January 2.
MENTIONED IN THIS ARTICLE
Rund Hauptmann
New York
Flemington
N. J
Lindbergh
Wilentz
Do. L. Lightfoot
Franklin Park
Richard
Hauptmann
Thomas E. Trenchard
Nobel Prize in Medicine Awarded to Three Doctors
Three American physicians receive the 1984 Nobel Prize in Physiology or Medicine for their liver therapy work. George Minot and William Murphy of Harvard Medical School and George Whipple of the University of Rochester share a prize of 41 000 dollars.
MENTIONED IN THIS ARTICLE
George Minot
William P. Murphy
Harvard Medical Schools
George H. Whipple
University of Rochester
Dutch Flyers Demonstrate Useful Planes In Race
The article notes Dutch pilots used a standard Douglas airliner and a Boeing transport in the London to Darwin race, showing private US enterprise builds useful commercial planes. Ford sees hope in Roosevelt era policies and the need for independent business, while a dramatic tale recounts Pedro Cirocito’s pearl loss and fatal shark attack, plus Roosevelt praising Rockefeller Jr. for Williamsburg restoration.
MENTIONED IN THIS ARTICLE
United States
Roscoe Turner
Clyde Pangborn
London
Australia
Darwin
Knowledge is power but only if it is used
Uncommon Sense emphasizes turning knowledge into action. It urges Why it matters to apply learning, avoid pedantry, and work to put education to practical use in business or profession. It warns against laziness and greed, citing examples of overreaching Jones Brown and Robinson, and stresses self improvement and continued education beyond college.
MENTIONED IN THIS ARTICLE
Little Entente
Rumania
Jugoslavia
Czechoslovakia
Greece
Turkey
Alexander
Hungary
Italy
Marseilles
Goemboes
Niagara Wisdom
Gers
Mr. Tennyson
Jones, Brown and Robinson
Jones
Brown
Robinson
California
Federal Reserve Clash Sparks Politicized Banking Debate
The advisory council challenges the Fed policy urging a gold standard while warning against government competition with private finance. The Fed board swiftly rejects the council’s views, triggering concerns of political influence on the nation’s banking supervision. Washington observers link White House talks with business leaders to broader policy debates ahead of elections.
MENTIONED IN THIS ARTICLE
Fed
Federal Reserve Board
Federal Advisory Council
Reserve Board
Federal Reserve System
Advisory Council
Roosevelt
Washington
White House
New York
Raymond Moley
Brain ‘Trust
Moley
Also Mentioned on This Page
Balkans
Edward W. Pickard
Wester Newspaper Union
Europe
Alexander of
Custadia
Anton Pavelic
Eugene Kvaternik
France
Bec Deci Eee Sarust
Union Pacific
Los Angeles
E. H. Harriman
Buffalo
Batavia
Empire State Exess
New York Central
Jean Piccard
Jeanette
Detroit
Lake Erie
Cadiz
Ohn B. Chapple
Wisconsin
Waukesha
John Gay
Congress
Matsudaira
Yamamoto
Japan
J. B. Chapple
Brisbane
van Loon
Ford
Pedro
Henry Ford
Pedro Cirocito
Cerralvo
la Paz
William and Mary College
Thomas Jefferson
Patrick Henry
John Marshall
James Monroe
John Tyler
Virginia
John D. Rockefeller, Jr
Williamsburg
Patrick Mulligan
Cecelia
Lincoln Hospital
Senator Robinson
Arkansas
Germany
Hitler
Schacht
John Blake
Bell Syndicate-Wiy
William Bruckart
Nm Lai A dl Naa
Henry P. Fletcher
Republican National Committee
House of Representatives
Democratic National Committee
Democratic Committee
Fletcher
Santa Claus
Upton Sinclair
Agricultural Adjustment Administration
National Recovery Administration
Pope
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