Roosevelt Aims at Broad Government Spending Cuts
The report details President Roosevelt's request to Congress for authority to cut government employee salaries up to 15 percent and reduce veterans' payments, signaling a sweeping overhaul of federal expenditures. It notes Senate and House votes, party split, and the potential impact on farm price parity and Morgenthau led reforms.
MENTIONED IN THIS ARTICLE
Roosevelt
Congress
House of Representatives
Senate
House
Senate Chamber
Friends of the Veteran
United States
Kansas
Chamber of ‘Deputies
Herriot
Daladier
Washington
Bay City
Consumers’ Power Co
Forsan
Samuel Ball
Petroit
Bonnie Jean
Eli P. “Andrew
Lauder Ave
Andrew
Tennes Coal and ‘Lumber Co
Aesoy
Hubbell Ave
Lansing
Woodward Ave
Michigan News Briefs Spark Local Disruptions
Roseville schools close due to funds tied in Detroit banks. Hillsdale College denied impending closure. Owosso arrests over remarks about Roosevelt. Grants oranges from Mrs Frees in Grant Township. Narrow escapes and burglar alarm fire damage reported across towns. Public school cutbacks and bank holiday impact noted in several cities.
MENTIONED IN THIS ARTICLE
Roseville
Detroit
Erin Township
Hillsdale
Clark L. Herron
Hillsdale College
Owosso
Steve Kayton
Pittsburgh
Roosevelt
Clare
Michigan
Jerome Frees
Grant Township
Frank Purdy
Purdys
Milford
H. Spicer
Timothy Bender
South Lyons
Vernon
Port Huron
Fred “W. George
Abel’ Scott
Charlotte Ann Scot
Ypsilanti
Robert Gainsley
Gerald Gainsley
Werner Metzger
Fritz. Metzger
Ypsi
Belding
Board of Commerce
Levine
New York
Lansing
Grand ‘Trunk
Owen, McLone
Flint
Banking crisis tests Roosevelt era resolve and policy
The piece analyzes the 1933 banking crisis under President Roosevelt and Treasury Secretary William Woodin. It notes secrecy during March 5 closures, the push to restore public confidence, emergency banking legislation, and the anticipated slower reopening of banks. It also discusses staff roles, crop price stabilization opposition, Morgenthau’s farm credit merger plans, and possible government savings amid a reshaping of federal agencies.
MENTIONED IN THIS ARTICLE
BlXss
Federal Reserve System
Federal Reserve Bank
Treasury Deparrtment
Federal Treasury
New York
Chicago
Blood of
Utah
Federal Reserve Banks
Treasury Department
Los Angeles
Reconstruction Finance. Corporation
Congress
William G. McAdoo
Kalamazoo
Carl Mason
Harry Echtman
Percy Russell
Lansing
Leland W. Carr
American State Savings Bank
Niles
Chamber of Commerce
Federated Shopcrafts
Michigan Central
Gibson
Ind
Bay City
William Ecker
Linwood
Bay County
Arthur J. Tuttle
Eeker
Port Huron
Grand Trunk Railway
Here
Hanover
William E. Sprague
J. Adams
Brighton
P. ZL. Bell
W. L. (Young) Stribling
Ringo Brown
National Boxing Association
Dwight Barker
Michigan Boxing Commission
Baker
National Association
Muskegon
Bernice Linderman
Detroit
Miss Linderman
Alwin Woodward
Bailey
Washington
Presi ‘Dent Roosevelt
Treasury
Michigan
Maryland
Woodin
Roosevelt
Ogden L. Mills
Arthur A. Ballantine
John Douglas
Mills
Western Newspaper Union
Also Mentioned on This Page
Ifsh
Secretary of Agriculture
Wallace
Henry Morgenthau, Jr
Robert Worth Bingham
Louisville, Ky
Great Britain
Jesse [Sador Straus
R.H. Macy & Co
France
Josephus Daniels
the Navy
Mexico
Arthur Robinson
Bingham
England
America
Orld
U. S. Supreme Court
Swhieti Sam
Spicer
Hargis,Bank
Tennessee
Kentucky
Cumberland
Pope Pius
Pius
Pietro Fumasoni-Biondi
Villeneauve
Quebec
Angelo Dolci
Innitzer
Vienna
Costa
Florence
Fossati
Turin
Italy
Rome
League of Nations
China
Wilson
Switzerland
League
Condie
Ichigan
Tas Escanaba
Warner Creek Deer ‘Yard
Maranette County
Boone
Howard
Escanaba
Federal Biological
Ludington
of Review
Riverton ‘Township
Mason County
Raymond Harmon
Peoples
Eva Harmon
Citizens
Board of Education
Sonia
A. Fay
White Cloud
Newaygo County
William Bruckart _ new
Sound Money
Henry Morgenthau
Federal Farms Board
Ang
Morgenthau