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Panama City Pilot in Panama City, Florida

05 Sep 1941

Page 10

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Panama City Pilot September 5, 1941 Page 10 old newspaper archives

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Newspaper

Panama City Pilot

Location

Panama City, Florida, United States of America

Date

Sep 05, 1941

Page

10

First big RFC loan paid in full to the last dollar

The 90 million RFC loan to Central Trust in Chicago, engineered after a bank run, proved the loan justified as major banks recovered. Hoover pursued relief without RFC aid but finally authorized the currency rush. Insull’s downfall and the structure of future government spending are warned against as dangerous, top heavy bets.

MENTIONED IN THIS ARTICLE

Central Trust Charles Dawes Chicago Reconstruction Finance Corporation Hoover RFC Treasury Dawes Samuel Insull Insull Babel Congress
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Roosevelt Churchill eight points sea conference dialogue

The excerpt features Luke and Elmer Twitchell debating the Roosevelt Churchill sea conference and the eight point program. They compare it to golf, note dramatic publicity, speculate on Hitler’s reaction, and suggest a ninth point about not sleeping in a bowling alley. The piece blends satire with wartime political commentary and a poem snippet ending with Athens under Nazi orders.

MENTIONED IN THIS ARTICLE

Luke Twitchell Elmer Wilson Roosevelt Woodrow Luke John Powers John Bull Uncle Sam Friends of Freedom Churchill British Empire London United States Washington Gabriel Heatter McCoy Hitler Biltz Winston Frankie Athens Franklin D. Roosevelt
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Also Mentioned on This Page

Europe Phillips Luke and Dr. Jekyll and Mr. Hyde Spencer Tracy Babs Morgan Rome Martin Ragaway Mussolini Carl Holmquist Barron ED Wheelan Onsburg Tom Day Jeff Stinger Bros Pineville Fowler Tom Sam Frank Vay Markey Syndicate Lala Palooza Rube Goldberg Babette The Bell Syndicate, Inc WIN Service By C. M. Payne Carrette By Lang Armstrong Rushe J. Millar Watt Cannes
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