First Big RFC Loan Saved Central Trust in Chicago
An RFC loan to Central Trust of Chicago, sought during a severe bank run in 1931, averted collapse and a wider Chicago banking crisis. The piece recalls Hoover’s resistance to RFC aid, Dawes’s leadership, and the eventual repayment of the $90 million loan, affirming the bank’s solvency and depositor safety. It also laments financial hubris and warns of looming inflation from railroad wage demands and government spending.
MENTIONED IN THIS ARTICLE
RFC
Reconstruction Finance Corporation
Chicars
Central Trust
Charles Dawes
Chicago
Hoover
Washington
New York
Dawes
Tinallo
Treasury
Central ‘Trust
Communist Plot Charged by Vichy After Laval Shooting
A Vichy regime charge follows a shooting attack on Laval as Allied forces in the region report a tense security situation. British and Russian troops drive into Iran amid shifting power dynamics. The U.S. Senate initiates a probe into gas shortages as critical supply concerns mount.
MENTIONED IN THIS ARTICLE
Vichy
Laval
Iran
Senate
Purge Convicts Three in Laval Assassination Fallout
In Laval, Paris, three men were fined as the first action in a purge of anti Vichy elements after the shooting of Pierre Laval and Marcel Dent. Special courts declared the Laval attack part of a vast Communist conspiracy.
Iran Occupation Seen Invasion By-Russo British Action
The piece argues the Iran move resembled an occupation rather than a full invasion with British detachments protecting industrial outposts and key ports falling quickly to invaders. It notes internal pro German elements and a potential peace offer within Iran, while highlighting map-driven strategic aims around Tren and Caspian oil, and Berlin’s later reaction calling it a brute attack on a neutral state. It also covers a Senate probe into gasoline shortages and an eminent domain pipeline order, plus Atlanta’s mayor disputing fuel supply claims.
MENTIONED IN THIS ARTICLE
Iran
Bandar-Shahpur
Russia
Britain
Tren
India
Middle East
Caspian Sea
Lar
Berlin
Senate
Leon Henderson
Atlanta
Oil Administration
Russia Still Fighting Amid Dnieper and Luftwaffe onslaught
Conflicting reports from the Eastern Front show Soviet resistance persists despite German advances. German claims of gains near Leningrad contrast with Moscow’s insistence that the city remains under threat yet not fallen. British observers note Russia’s defense against air raids while Japan weighs actions that could pull the region into a broader war.
MENTIONED IN THIS ARTICLE
Dnieprope
Frovsk
Leningrad
Hitler
Dnieper
Russia
Britain
Gring
Gormel
Return tickets take British children home from Raglan
Three British children Keith Padin Falerie Collins and Colin Radin are pictured in a Pan American Clipper plane as they fly back to England after a year in the United States. Their return is described as a lucky chance and labeled a return ticket.
MENTIONED IN THIS ARTICLE
Raglan
United States
Keith Padin
Falerie Collins
Colin Radin
England
Army praise from Stimson on Pacific maneuvers
Secretary Stimson praised the Army after inspecting Pacific Zone troops, noting strong progress since April maneuvers and the readiness to expand camps if needed. General Marshall echoed confidence in West Coast units and the plan to create two cantonments if required, with site surveys underway.
MENTIONED IN THIS ARTICLE
Stimson
Anny
Pacific Zone
Frence
Marshall
West Coast
Atlantic 714 Hours Reports From Iceland and Tax Debates
A dispatch from Reykjavik notes life in Iceland with two cinemas showing closed tickets, few beverages, strict hours, and sturdy concrete buildings. It also covers U.S. correspondents’ impressions and local taxes expanding income tax base to about 3.5 billion dollars, with House uncertainty. Also reports a Liberator bomber flight sighting near Ireland.
MENTIONED IN THIS ARTICLE
Iceland
Reykjavik
Ap. m
Unfinished Stories On Japan puppet regime and war strain
Walter Pinched on temporary navy duty. Guest column by James R. Young surveys Japan's puppet regime in Manchuria under Pu Yi, looming economic crisis, fish shortages, and salvage efforts. Discusses Wang Ching Wei, Tokyo defenses, and U.S. diplomatic issues. Mentions junk fishing, silk trade, and Indo-China seizure response.
MENTIONED IN THIS ARTICLE
Walter Pinched
U.S. Navy
Chiehbu
Japan
Manchuria
Henry Pu Yi
Wil
Wang Ching Wei
Nanking
Shanghai
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