Proposed OW Bank Deposits in TM 15 Bill
A feature in the TM 15 bill outlines a collection of one quarters of one per cent as a proposed bank deposit. The measure highlights a financial proposal for anticipated revenue and bank funding.
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Newspaper
Roanoke Rapids Herald
Location
Roanoke Rapids, North Carolina, United States of America
Date
Dec 24, 1920
Page
6
A feature in the TM 15 bill outlines a collection of one quarters of one per cent as a proposed bank deposit. The measure highlights a financial proposal for anticipated revenue and bank funding.
The Manila constabulary garrison has been disarmed and placed under arrest. Prosecutions are being prepared for seven constabulary soldiers who admitted involvement in the riot that caused four American deaths and seven Filipino deaths.
Washington announces the purchase of Henry P. Fairbanks's former house by President Wilson. The residence will be the president's permanent home after he leaves office on March 4, as stated by R. W. Bolling, the president's brother in law.
A resolution declares protection for farmers against all laws affecting farm organizations. The measure asserts immunity from legislation targeting farm groups and seeks to shield agricultural associations from regulatory actions.
In Washington Southern congressmen push action on a measure to aid farmers through the American Commission for Relief in the Near East. Lieut. Col. J. P. Coombs of Brook lyn, N Y, director of the association advocates allowing producers to form alliances for processing, marketing and interstate commerce despite other laws. China replaces Greece on the League of Nations council with Belgium, Brazil, Spain, and China as elective members.
Testimony before a senate committee shows British naval intelligence holding inbound cables from Great Britain for inspection. Carlton of Western Union said new British rules aim to clarify internal disturbances in Britain including Ireland and Bolshevism. A separate Brussels conference of five Allied experts discussed wartime reparations and German pay with US representatives.
The League of Nations assembly admitted four new members Bulgaria Costa Rica Finland and Luxemburg while France and Australia abstained. Rene Vivian of the French delegation said Bulgaria could join but chose not to vote due to incomplete information on its fitness.
The sugar market collapse drives a general price crash with coal profits falling. Ordinary soft coal at the mines drops by about 64 cents per ton, impacting Columbus buyers and miners alike.
Amendments to the Irish Home Rule bill were ready for Commons consideration after the Lords signaled material changes. Reports say the Lords may strike out amendments proposed by Ex-Soldiers Prefer Money. Washington also discussed motions related to government appropriations and a soldiers bonus.
The report notes Jess Willard, former heavyweight champion, plans intense training in Buenos Aires in 1931 as he prepares to challenge Jack Dempsey for the title. Prize money is cited at about 44 000 dollars, with the event linked to Buenos Aires and New York discussions in March.
The Census Bureau reports Chicago's Negro population rose by 65,491 in the decade, reaching 109,604. The increase percentage stands at 148.6. White residents total 2,589,104, up 460,047 or 21 percent. All others total 3,007.
Austria was elected as a member of the League of Nations by the league assembly with 25 votes in favor and no opposition. Geneva Austria's admission was approved without dissent.
Washington officials expect removal of the last trade restriction with Russia soon. Nashville mourns John R. Gentry, a world famous pacer who died at age old, buried in the Infield at the state fair grounds track.
The telegraphers and station agents on the National Railways have ordered a general immediate strike in Mexico City, raising fears it will paralyze all services.
Washington reports outline an emergency tariff bill restoring Payne Aldrich rates on select farm goods to curb imports while excluding manufactured products. President Wilson expected not to veto, with aims to pass in the House by Christmas and Senate by New Year.
The three day meeting of the state livestock association featured talks on boosting local markets for beef cattle and tick eradication efforts in eastern North Carolina. A road bonds plan for Forsyth County was authorized, while other towns reported tobacco sales, school bond considerations, and a note on a federal case and recall threats against a sheriff official.
Voters in Guilford approve a large bond issue with early returns showing the present majority may shrink on final tallies. The outcome hinges on late returns as supporters celebrate while opponents await full results.
Voters in Guilford county back a two million dollar road bond by a large lead as 30 of 40 precincts report. City of Greensboro and High Point favor bonds by wide margins, rural precincts trail but cannot erase the city majority. Bonds to fund four years of road work across the county.
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