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Saline Observer in Saline, Michigan

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Articles on This Page

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

May 04, 1933

Page

2

Inflation amendment passes in Senate amid broad support

The Thomas inflation amendment to the farm relief bill wins an easy Senate victory amid clashes with anti-inflationists led by Senator Reed. President Roosevelt seeks to align disarmament talks with Britain, France, and Canada, while economic policy shifts raise prices and spark debate on gold standard and debt renegotiations.

Senate Roosevelt Herriot House David A. Reed Pennsylvania Reed Tydings Maryland Thomas Oklahoma Pat Harrison Mississippi Mellon-Mills-Reed Hoover Wheeler-King Borah White House MacDonald Widoward, Herriot France United States Great Britain M. Herriot Congress MacDonald and Herriot Richard Bennett Canada Washington Guido Jung Italy Hjalmar Schach Germany Japan Kikujiro Ishii Ottawa Rhodes Geneva Rene Massigli

Michigan News Byte From Around the State

Marshall National Bank plans to reopen after lender consolidation. Albion lowers assessed value by 19.8 percent to 35 228 950, marking the third cut in three years. Royal Oak outlines large scale welfare farming under city supervision with two 80 acre co operatives and multiple garden plots. Petoskey damages suit seeks 105 000 over toboggan crash injuries. Mancelona workers buried in cave in at a gravel pit, one man dead. Lansing endorses Southworth tax allocation bill for general property tax. Muskegon firefighter injured by airplane propeller in station basement. Detroit wins health conservation contest. city leader to Minnesota Anti-Saloon League post. Pontiac and Detroit area notes on suicides, resignations, and new industry openings.

Marshall First National’ Bank of Marshall Albion Royal Oak Petoskey Petoskey, Winter Sports Club City of Dorothy Childs Detroit George Childs Mancelona Mike _McLaughlin Antrim County McLaughlin Lansing Comstock Southworth Muskegon Alfred ‘Smith Smith Ingham County Iman W McFall Grand Rapids Sam McKinley Lansing “Drivaway McFall McKinley Mildred McFall Pontiac Wing Lake Road Birmingham Frederick C. Hilliard St. Joseph Mercy Hospital Hilliard First Detroit Co Michigan Holland Isaac Gappon Holand Nicodemus Bosch James DeYoung William Brusse C. J. DeRoo Flint Henry Brusse Henry Geerlings John Vandersluis F. P. Stephan Nicholas Kammerad Ernest C. Brooks Battle Creek Civilian Conservation Custer Luzerne R. IE. Bates Mack Charles. B. Leinbach Glennie Charles ‘H. Crim Silver Creek H. “Rp Newell Race James F. Pichel Strongs Camp United States Chamber of Commerce Cincinnati Syracuse N. Y New Haven Brooklize Mass Inder Lodi Calif R.N. Holsaple Anti-Saloon League Minnesota H. Russell Holland Leo Minton Bald Mountain Bernard Thomas Henry Bordo Hazel Park United States Jackson Union ‘and Peoples National Bank of Jackson Marsden Mitchell Dorothy Mathias Ralston Purina Company St. Louis Monroe County State Administrative Board Theodore I. Fry Fry Allegan Viesta Trigg Casco Township Burton Kelley Clifford Kelley Miss Trigg Ernest A. O'Brien Sidney C. McLouth Marine City Mich Sidney C. McLouth Co United States Fleet Corp Alma George Marioc Herman Babnsen Steve Tolychuk North Star Gratiot Kalamazoo Edward C. Ruiz State Highway Department Transportation” Co Adrian Chicago Federal ‘Reserve Bank H. J. McGill

Epochal shift ends gold standard era in 1933

The article outlines the U S departure from the gold standard under President Roosevelt in 1933. It explains the emergency actions, inflationary potential, and new authority to manage currency including possible $3,000,000,000 in new money. It notes implications for gold reserves, foreign exchange, and economic policy.

Washington America Roosevelt United States Congress Treasury Federal Reserve. Board Federal Reserve Federal Reserve Board Federal Reserve Banks Reserve Greenbacks Newspaper Union

Also Mentioned on This Page

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