Leaders outline plan to boost jobs and credit nationwide
The meeting showcased a blueprint for expanding credit and employment through a central business committee coordinating 12 banking and industrial panels. Figures including Milland, Owen D Young, Henry M. Robinson, and Melvin Traylor outlined actions from the Reconstruction Finance Corp to home loan boards, while foreclosures were paused for 60 days. The president stressed no rapid fixes, only coordinated progress.
MENTIONED IN THIS ARTICLE
Bestia
Commerce Department
Milland
Owen D. Young
New York
Henry M. Robinson
Los Angeles
Hoover
American Business
Mira
Central -Business Committee
United
Secretary of the Treasury
Central Committee
Post- Tre
Myron Taylor
United States Blec Corporation
Daniel Willard
Railroad World
Edsell Ford
Detroit
Melvin Traylor
Chicago
Abled Pomerene
Ergantis Re-obstruction Finance Corporation
Franklin Port
New Home Loan Banking Board
Two Major Evils and Home Loan Banking Plan
Secretary Mills outlined six coordinated aims to spur economic recovery. He urged halting mortgage foreclosures until home loan banks operate, expanding real estate repair and housing loans, and boosting employment through rail and maintenance programs.
MENTIONED IN THIS ARTICLE
Reconstruction Finance Corporation
Ample Fonds
Paul Bestor
The
Farm Loan Board
Fedeval Land Banks
National Farm Loan
Federal Land Banks
Eugene Meyer
Tedeval Reserve Board
Federal Reserve System
Meyer
New York Leader Speaks On Jobs At Economic Conference
New York industrial leader and prominent Democrat Owen TD Young addressed the national economic conference in Washington on August 26. He urged a coordinated drive by business and government to create more jobs and stressed the importance of social and economic stability for the future.
MENTIONED IN THIS ARTICLE
Washington, D.C
im—Owen TD
Young
New York
National Economic Conference Today
WBA Juniors Open Meeting in San Antonio
Approximately 180 Texas girls members of the Junior Women's Benefit association gathered in San Antonio for the state convention chaired by Miss Jessie Hill of San Antonio. Officers were received, a flag service performed by Houston delegates, and plans set for next year while an age-extension meeting for younger girls was scheduled for Friday night.
MENTIONED IN THIS ARTICLE
Texas
Junior Women's Benefit Association
San Antonio
Jessie Hill
Houston
Gunter Hotel
Court Reporter in Political Fight in Austin
Austin court reporter White of the One Hundred Twenty-sixth district court lay unconscious in a hospital from injuries sustained in an altercation tied to the race for the district judgeship. Veron Fickle, son of candidate David J. Pickle, faces assault charges in connection with the incident against Judge W. R. Robertson.
MENTIONED IN THIS ARTICLE
Austin
Alt
Iny White
One Hundred Twenty-sixth Disstrict
White
One Hundred Twenty-sixth District Court
Veron Fickle
David J. Pickle
W. R. Robertson
Major Callender Reports for Duty at Fort Gam Houston
Major George R. Callender, described as the army's leading pathologist, reported for duty Friday at Station Hospital, Fort Gam Houston. He previously served at the Army Medical Museum in Washington.
MENTIONED IN THIS ARTICLE
Callender
George R. Callender
Army
Fort Gam Houston
Station Hospital
Army Medical Museum
Washington
8000 Moose Parade Participants in Washington Bicentennial
More than 8000 members of the Loyal Order of Moose will march in Cleveland tonight in a mile long parade. The event caps the order's international convention with galanty fire 20 beauty features and numerous bands as local and state patriotic societies join to observe the Washington bicentennial.
MENTIONED IN THIS ARTICLE
Cleveland
Loyal Order of Moose
Washington
Cemetery Burial Rate at Boston Ready Over Five Years
Boston reports the Central burying ground on Common sees a fifth burial in about five years. Mrs. Esther Metilda Hutchinson of Dorchester died at 87 and is the fourth interment in 20 years at the site, known for old settlers and their descendants.
MENTIONED IN THIS ARTICLE
Boston
Boston Common
Esther Metilda Hutchinson
Dorchester
Pomerene Foresees Lasting Confidence in Courts of Recovery
Washington, Aug 26. Alles Pomerene Democratic chairman of the Reconstruction corporation voiced belief the return of confidence is here to stay and attacked critics of corporation loans. He said critics claim banks and railroads were aided while individuals were neglected, noting 1860 banks failed in the six months before the program and that only banks that closed their doors occurred in the six months after it began.
MENTIONED IN THIS ARTICLE
Washington, D.C
Alles Pomerene
Reconstructon Corporation
Joans
Farm Board Attacked at Congressional Hearing
Witnesses told the Shannon congressional committee investigating federal competition with private business that the Farm Board and its subsidiaries faced attacks. Cotton planters and shippers were summoned to Kansas City hearings chaired by Joseph Shannon with Rep. Cox of Georgia present.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Federal Term Board
Shannon
Joseph Shannon
Kansas
Fe, E. Cox
Georgia
Bank Loan Contraction Reported in Small Towns
A memos cites that during the present month 59 banks are failing to meet loans while towns with populations under 5000 show 69.8 percent of corporations’ loans to banks have been made, indicating widespread credit tightening and risk in small communities.
Also Mentioned on This Page
Ugg
Europe
Galveston
Greyhound
Waco
Dallas
New Orleans
Southland Greyhound
Mills
Robinson
Fort, Speaking & the
Washington, D
Federal Reserve
Reconstruction Finance Corporat
Federal Reserve Banking System
Home Now
Milleag
Interstate Commerce Commission
Reconstruction ‘Finance Corporation
Agricultural Credit Corporations
Parley
WBA
Pomerene
Wolff & Marx
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