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Saline Observer in Saline, Michigan

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Saline Observer

Location

Saline, Michigan, United States of America

Date

Apr 13, 1933

Page

2

Farm relief plan aims to refinance debt through 2 billion bonds

Senator Robinson unveils a farm mortgage refinancing bill backed by 4 percent bonds guaranteed by the government to help farmers reduce principal. The measure, paired with a farm relief bill, faces opposition over potential defaults and bond-market impact. Provisions include higher loan limits, treasury subsidies, and aid from the Reconstruction Finance Corporation for refinancing and drainage projects.

Robinson Arkansas Farm Loan Henry Morgenthau, Jr New Farm Credit Administration Federal Land Banks Treasury Reconstruction Finance Corporation

Ferndale Sees Welfare Aid Increase Approved

Ferndale City Commission approved a motion to raise benefits for Welfare dependents citing a Welfare Clients Association report of malnutrition among children. Morenci schools reopen after a loan from Parker Rust Proof Co and Citizens Light and Power Co. to cover term costs.

Ferndale City Commission Welfare Clients’ Association Morenci Morenci Public Schools Board of Education Parker Rust Proof Company Detroit Citizens Light and Power Company Cities Service Company

Two Landmark Supreme Court Decisions Stir National Debate

William Bruckart reviews two major 1933 rulings: the coal agency case allowing a selling cooperative among Appalachian coal operators, and the Norfolk Virginia ruling upholding the federal water power act. He warns on potential industry impacts, price effects, and debates over regulatory power and unemployment policy tied to Roosevelt's agenda.

Dustry Black United States Supreme Court Alabama Congress Borah PB Morgan & CO New York United States Senate Fletcher Banking Committee Roosevelt Ferdinand Pecora Senate Pecora Morgan John W. Davis Banking House Washington Coal Agency Supreme Court of the United States United States District, Court Virginia Appalachian Coals, Inc Supreme Court United States District Court Norfolk United States Navy House Legislative Branch Cabenet Jim Farrey Democratic Party Western Newspaper Union

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