Roosevelts early banking policy debate erupts in national turmoil
Debates raged overnight as Roosevelt and Glass clashed over a proposed banking plank. Roosevelt argued for a clear Democratic stance on protecting bank deposits amid widespread bank failures. Glass warned the measure would unsettle the banking community and drive strong banks from the Federal Reserve system. The session, bouncing between support and opposition, highlighted deep tensions within the party about financial reform and the future of the nation’s banking safeguards.
MENTIONED IN THIS ARTICLE
Carer Glass
Virginia
Treasury
Wilson
United States
Democratic Party
Glass
Mrr
McAdoo
Federal Reserve Banking System
Federal Reserve System
Syste McAdoo
Gless
Ta & Wessions
Wet Plank Voted and Roosevelt Leads Convention
The convention backed repeal of the Eighteenth Amendment with a landslide 934 to 213. It ended prohibition battles as Roosevelt supporters push for first ballot victory, while Missouri and other blocs show wavering. Night sessions loom with nominating talks and platform decisions ahead.
MENTIONED IN THIS ARTICLE
Roosevelt
Missouri
James A. Heed
Texas
California
John N. Garner
Kay Garner
Youth Leads In Open Golf At Canterbury
At Canterbury Golf Course Cleveland June 30 Zimmerman of Portland Ore led the first round of the Western Open with a brilliant 70 two under par Abe Hipingsa of Chicago shot 71 while Tom Miyamoto champion of Japan carded 77 after a rocky start Miyamoto struggled with his tee shots and fell out of contention.
MENTIONED IN THIS ARTICLE
Canterbury Golf Course
Cleveland
al Zimmerman
Portland
Ore
Canterbury Club
Abe Hipingsa
Chicago
Tom Miyamoto
Japan
Kiwanis to Hear Fort Sam Chaplain in City Luncheon
Chaplain C. J. Cohee of Fort Sam Houston will discuss The Trice Patriot at the San Antonio Kiwanis luncheon in the Gunther hotel. Alva Wilgus will sing patriotic songs in observance of the Fourth of July.
MENTIONED IN THIS ARTICLE
C. J. Cohee
Fort Sam Houston
San Antonio
Political feuding over Sheppard resubmission plank
Senators Copeland and Coolidge praised the platform as good and bold with a path to repeal. Robinson mocked the Democratic plank as too wet and warned it would violate the Constitution if enacted, leaving him isolated amid reform split.
MENTIONED IN THIS ARTICLE
Copeland
New York
Coolidge
Massachusetts
Robinson
Indiana
Probig 4 Wu
Sheppard
Mild beer boom on stock market in New York
New York traders saw a mild stock uptick as the Democratic convention backed a repeal plan. Shares of several firms tied to Prohibition modification leaped from about one dollar to beyond twenty eight dollars in the opening half hour before trimming gains.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Ransom Demanded by Kidnappers in St. Vee Minn Case
A note tossed to the family chauffeur revealed a ransom demand of 35000 dollars for Haskell Bohn 20 son of Gebhard Bohn wealthy refrigerator company president. The youth was joined by two men as he was about to enter a automobile in St. Vee Minn Inne 30.
MENTIONED IN THIS ARTICLE
ST. Vee Minn
Inne
Haskell Bohn
Gebhard Bohn
D. W. Meyers
Senate approves lower interest rate for veterans loans
The Senate passed a bill reducing loan interest on World War I adjusted service certificates from 4.5 percent to 3 percent. The measure also allows loans to be made immediately after certificate issuance rather than after a two year waiting period.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate
House
Also Mentioned on This Page
William G. McAdoo
Federal Reserve
Oklahoma
John E. Mack
Syracuse
Joseph B. Ey
Massechusetts
Smith
Tom Connally
Garner
Millard Tydings
Maryland
Ritchie
Henry S. Dohusion
Perry
Ohio
Murray
Carter Glass
Harry F. Byrd
Atlee Pomerene
George White
Sam Fordyce
St. Louis
James A. Reed
Melvin Traylor
Fort Sam
Ginger
Interstate Commerce Commission
Reconstruction Corporation
St. Louis-San Francisco
Norristown
Frances Plinsky
Dirk Highway
Um Joskes
Jfelts
Panamas
Baku
Milanae
Dreasea
Dreanea
Drowes
BBA
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