Roosevelt declares gold export ban and inflation plan
The Roosevelt administration announces a gold export embargo and a policy of controlled inflation with congressional support. The plan includes up to 3 billion in government credit via the Fed and options for greenbacks, while reducing dollar gold content to 60 percent to stabilize foreign trade.
MENTIONED IN THIS ARTICLE
Thomas
Byrnes
Pittman
Senate
Federal Reserve Banks
Treasury
United States
Woodin
Great Britain
Roosevelt
London
Paris
London Daily Telegraph
America
Michigan Local News Roundup of Tragedy Fire and Opened Banks
Michigan brief notes report Sparta Clarence Allers 26 dead from a horse kick. Muskegon Rupert Frost 72 dies after a 15 foot fall. Cheboygan Lawrence Merchant 11 killed by car driven by Supervisor Boileau. Tecumseh bank reopenings. multiple fire losses in Caro and Monroe. Accidents in Newaygo County and Detroit rescue films. Navigation opens in Charlevoix. St Louis sugar payout. various local incidents across Michigan towns with deaths injuries and civic events.
MENTIONED IN THIS ARTICLE
Sparta
Clarence Leroy Allers
Horse
Muskegon
Rupert Frost
Cheboygan
Lawrence Merchant
William Boileau
Tecumseh
Opera House
Harry Hooper
Alice. Thomas
Monroe
E. Mann
Toledo
Monroe Hospital
Hess. Cartage Co
Detroit
Everett Roof
William Folsom
Holton
Muskegon County
Folsom
Bridgeton Township
Newaygo County
John Mikolich
Grant
Charlevoix — Navigation
Rambler
St. James
Beaver Island
Gate Brighton
Here
A. R. Nelson
Roosevelt Dream of Forest Lands Reforestation Program
The piece describes President Roosevelt's plan to reforest idle lands funded as a national project costing up to 200 million dollars. It notes potential employment for about 210,000 men under army supervision, paid one dollar a day, and the aim to use the work to prevent floods and erosion while aiding distressed citizens. Critics worry about cost, scope, and efficiency, and discuss bond debts threatens to overwhelm local governments, with possible bankruptcy and federal court relief options.
MENTIONED IN THIS ARTICLE
Monroe
Michigan
Richard P. Waters
Waters
Mt. Clemens
Martha A. Schutt
Christian
Robert Donkerbrook
Clem Hays
Cement Products Co
Fowler
Ludington
H. ©. Nelson
Big Sabre Point
C. R. Peoples
Saginaw
Croswell
Northeastern Michigan Sugar Co
W. H. Wallace
Michigan Sugar Company
Muskegon
Frank Smith
Fruitport
Myron Morgan
Morgan
Smith
Maurice L. Austin
Monroe Auto Co
Toledo
Lester Powell
Austin
Angola
Ind
Lansing
Coldwater
Lapeer
State Farm
Washington
Roosevelt
Civilian Conservation Corps
Congress
Wilcox
Florida
Also Mentioned on This Page
Perkins
Edward W. Pickard
House Committee On Labor
Secretary of Labor
Frances Perkins
Senator Black
Connery House
Wallace
J. Ramsay Mac- Donald
Hull
Edouard Herriot
France
Mac- Donald
MacDonald
Herriot
James A. Farley
Farley
Post Office Department
United States Post Office
Apan
China
Great Wall
Wall
Lwan River
Hts
Gulf of Pohai
Tientsin
Lwanchow
Surronding
Swan River
Peiping
Triangle
Jehol
UBA
Hamilton Fish
New York
Don Oscar B. Cintas
White House
Sumner Welles
Mr. Welles
Cuba
Machado
State Department
Mbassador Josephus Daniels
Mexico City
Mr. Daniels
Oscow
L. C. Thornton
W. H. MacDonald
Allan Monkhouse
John Cushny
Charles Nordwall
A. W. Gregory
Soviet Union
King
George
The
Privy Council
Metropolitan Vickers Electrical Equipment Company
Yrongc. Taylor
United States Steel Corporation
Hoboken
Taylor
M.C. Taylor
Uth Bryan Owen
Denmark
Men
Copenhagen
William Jennings Bryan
Tom
Western Newspaper Union
J. A. Farley
Mr. Clemens
Charles Schalm
Clinton River
Randolph Schalm
Schalm
Marion Day
Marion
Fraser
Irene
Nellie Bush
Oliver
Daniel Boone
F. C. Starr
Storr
Grand Rapids
Charles “Damngon
William Timmermans
Damson
M. ‘Reed
Register of Deeds
Alje Mulder, Jr
Durand
Byron
Bancroft
Vernon
Lennon
Swartz Creek
Gaines
Consumers’ Power Co
Traverse City
Burr
McManus
Peninsular Township
Theodore Wilson
Wilson
Aince
Battle Creek
Camp Custer
U. S. 12
Federal
Michigan State College
National
Thierpebtal ‘ Ae cm
William Bruc
Bruckart
New City
Credit York
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