Banking crisis drives swift push for reform in Roosevelt era
Washington March 7 Emergency action to stabilize banks opens plan for broad overhaul. Roosevelt aims to back federal guarantees while Glass and Steagall bills loom, with Congress to convene in extraordinary session to enact emergency measures and set stage for broader reform. The Ed plan forecasts a short first session then a recess as lawmakers craft a unified program.
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Washington, D. C
INS
Roosevelt
Odemberatiz
Mons
Hely
Congress
Crise
Hill Wind
Natiern Banc
Senator Glass
Virrinia
Bsteagall
Alabama
Steagall
House
Glass
Senate
Virginian, Who Was Pecretary of He Treasuy
Wilton
Blengedi
Hoore Banking
Rommilter
Dids
Te Lo
Democrats Ready to Back Roosevelt
Democrats on Capitol Hill prepared to push through the session and grant President Roosevelt emergency powers if needed. Senate Democrats pledged to follow party lines, with constraints on binding, as in prior WWI practice, while some objectors may seek exemptions.
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Washington, D
Capitol Hill
Congress
Rooselt
Senate Democrats
Cat Rues
Pont
Ralnuy
Urider
Bolt Howes
Sessile
Ena Jarlies
Senate
Vollng
Bank holiday sparks cautious market outlook and inflation hints
New York experts and traders assess the bank holiday impact on early March prices. Wheat and corn rise modestly while cattle and hogs gain, butter and eggs advance, raw sugar climbs, and silver prices hit yearly highs as farmers hesitate to ship. Wholesale markets signal inflation risks and potential cash demand despite some regions facing disrupted trading.
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New York
Eome Cay
Chicago
Fara Lipher
New Ford
Stlyfr
Tarman
Arte
Chicaga
Ralph W Robart
Bergiaries of Life
Train bearing Cermak home from funeral in Chicago
The funeral train bearing Mayor Anton J. Cermak traveled from Georgia toward Chicago with crowds greeting the passing procession. His eight coach consist carried the casket adorned with flowers as mourners lined stations and city streets, while original plans to place the casket on the observation car were altered due to unconfirmed safety concerns.
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Cermak
Chicago
Macely
bPi
Lear
Anton J. Cermak
Ghicaro
Womn
W Vale
Ex-Grid Stars Face Indictments in Hidalgo County
In Hidalgo County a grand jury indicted Felwin Rell mek Arr Colhous and ten former players from the Myre ial school football team on robbery charges. The indictments name both students and school officials, with details about the alleged incident and surrounding figures.
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Edinburg
Mire
Ringo
Jiry
Felwin Rell
Sis
Taranize
Ltie Haidtog
Enniwich Alan
Reais
Beit
Myre Ial
Cadheut
Wali Phyer
Hollywood May Close Studios
Hollywood executives contemplate a shutdown of major studios as production stalls. Officials in New York indicate the loss may risk weekly payrolls near 1.5 million dollars, with negotiations ongoing over personnel and funding while operations halt.
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Pliny
Molten Ples Company
New York
Loch
Uta
Three Piece Tapestry Living Room Suite For Sale
Classified ad lists a three piece tapestry living room suite for sale at 20.50 dollars under classification 94 Light Classified Ads.
Five dead in Maniac Attack in Cleveland
The city reports two more deaths from the maniac attack, bringing total fatalities to five. Herman Fiink, 40, was killed by police in a gunfight. Roy Kneals, 42, Louis Kaliay, 62, and two other victims, Joseph Sajko, 29, and Albert Marquis, 67, died of wounds from the previous day.
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Sleveland
Herman Fiink
Roy Kneals
Louis Kaliay
Kidk
Joseph Sajko
Albert Marquis
Borger Opens Bank With Local Scrip Backed Notes
Borger opens a bank in the Borger State Bank building under GW Newsome, former Stimm State bank cashier, marking a two year bank absence in the town. The new issue uses company backed scrip worth 25, 50, 1 and 35 cents, totaling about $30,000, redeemable by participating firms in Hutchinson county and nearby counties.
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Borger, Marth T
Borger Merchans
Hutchinson County
Borger State Bank
GW. Newsome
Stimm State Bank
Berger
Rms
Professor Rexford Tugwell Appointed Assistant Secretary
In Washington D C Rexford Tugwell a Columbia University economics professor and advisor to President Roosevelt during the campaign today assumed duties as assistant secretary of agriculture. He succeeds R W Duman of Kingston Ohio and joins the Roosevelt administration.
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Washlngton
D.C. Merch
M. Rexford Tugwell
Profuscor
Columbia University
Lie Dulles
R. W. Duman
Kings-ton
Ohio
Tugwell
Roosevelt
Payrolls Halted Across Oklahoma by Bank Holiday
Oklahoma City reports payrolls held today as Governor Murray’s holiday proclamation suspends withdrawals until 11:59 p.m. tomorrow, with State Bank Commissioner W. J. Barnett confirming the statewide halt and banks delaying payments nationwide.
MENTIONED IN THIS ARTICLE
Oklahoma
CLTY
Marci
W. J. Barnett
Murray
Classified ad draft for vacant property rental in The Light
An ad draft offers exclusive rental features for advertising vacant property in The Light. Forminal Inne Noble will prepare a job seeking ad to be broadcast on KONO at no extra charge. A furnished duplex at 2020 West King's Night Way is listed under classification 14 Light Classified Ads.
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Inne Noble
Kono
King's Nightway
Reusable Glass Containers For Kitchen Storage
A scrambled description describes reusable glass containers with handles that hold one and one quarter quarts and over a gallon when filled, intended to preserve fruits and coffee remains fresh until the last spoonful. The text is garbled but notes a preservation purpose and a handle for pouring.
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