Rules for Reopening of Banks Under Woodin Orders
Treasury orders issued to reopen banking during the crisis authorize limited operations. Regulations allow bank functions to a necessary extent, forbid hoarding cash, and prohibit unlawful transactions. Banks may issue scrip against sound assets via clearing houses and depositors may access funds within safeguards.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Clearing House
sveathai @ national pla
Courage Frailed
Beerytary Woodin
Capitol
Eugene Meyer
Floyd Warrison
Glass
Wirpwidy
Uisewsser
Meyer
Harrison
Lation
Mukteentic
Aueh
Dnguilien
Conar Murrenry
Uie
Mumujour Tgmes
Treasury
Beetaty Woods
Federal Reserve Banks
Isich Distriet
Minnesota
Tad
Wwe
Cathe
Labor Chief Chooses Title Of Madam Secretary
Secretary of Labor Frances Perkins says she prefers to be called Madam Secretary but may also be addressed as Miss Perkins. She spoke in Washington about her preferred title and noted her husband is Paul C. Wilson.
MENTIONED IN THIS ARTICLE
Washington, D. C
Mervic
Ces Perkins
Labor
Miss Perkins
Paul C. Wilson
Treaty limits naval buildup and Swanson press remarks
Secretary Swanson announced in Washington that the United States should build naval strength to treaty limits quickly to aid unemployment relief. He favors developing fighter aircraft at reasonable cost and expects no Pacific shifts until Far East conditions clear. Postmaster guidance on gold embargo during a shutdown and authorized funds at Federal Reserve centers was issued. Capitol Hill discussions center on guaranteed bank deposits with Rainey signaling possible legislation and a government backing entity.
MENTIONED IN THIS ARTICLE
Washington, D. C
Swanson
Navy Today
United States
State Department
Pacific
Far East
Orient
Treasury
Post Office Department
Federal Reserve
Canada
Cuba
Philippines
Fanama Canal
West
Guam
Capitol
Spraker
Raine
Steagall
House Banking Committee
Rainey
House
Tronsevels
Iteneall
Livestock Market Remains Open in Chicago despite withdrawals
In Chicago on March 7, Charles B. Schultz, former exchange president, announced after communications with the secretary of forestry that the livestock market will stay open at 8 PM. Traders prepared to withdraw on short notice as orders and desk movements were discussed with officials.
MENTIONED IN THIS ARTICLE
Chicago
Mireh 7
Chicage
Lusinens
ASUAL
Charles B. Schiitz
Ie Exchange
Hoover Hn Sightseeing Walk In New York
Former President Herbert Hoover began private citizen life with a brisk morning stroll through Fifth Avenue and a view of the Radke City development. He was met by few crowds but recognized by passersby, while staying in close contact with banking and business developments. Hoover, accompanied by longtime secretary Lawrence Richey, avoided public statements and did not intend to comment on national matters.
MENTIONED IN THIS ARTICLE
Stephen Barry
Roosevelt
Hoover
New York
Rooser
Congress
Herbert Hoover
New Radke City
Fifth Avenue
Central Park
HLM
Mr. Hoover
Washington
Patricks J. Hurley
National Capital
Edear Rickard
George Barr Baker
Nelle Miller
New York State
Stormy School Board Session to Consider Election
A stormy San Antonio board of education meeting is planned to decide whether to call an election for four board members. Vice President Gilmore presides in Hager Stukes absence as members weigh whether the 1921 law extending terms to six years applies. Four terms in question are Gilmore Williams Hailer and Walker. mandamus case is before the Ninety fourth District Court while a law pending may set election for April.
MENTIONED IN THIS ARTICLE
San Antonio
Thnt
Clemens
Grines
Gilmore
W. R. Williams
D. T. Hailer
Jinlia Steves Walker
Ninety-fourth District
Governors move to close major New York exchanges
Governors of the New York Cotton Exchange, and related bodies, announce a day of closure with a bank holiday. The National Raw Silk Exchange signals deliveries and trading suspensions. New York Stock Exchange directs members to halt activity and keep facilities closed until the market reopens.
MENTIONED IN THIS ARTICLE
N.Y. Cotton Exchange
New York
New York Cotton Exchange Board of Governors
Une
National
Raw Silk Exchange
Lie New York Proffer Exchange
New York Stock Exchange
Banks in Florida Plan to Reopen Amid Restrictions
Banks in Florida plan to reopen amid lingering restrictions as officials confer on the baking situation. Judge Frank Amit argued an order granting a one month moratorium and forecast tensions in Orange and Ou ecola counties as the state moves to adjust.
MENTIONED IN THIS ARTICLE
Banks
Florida
Tallaharsfe
Fla
Hanks
Minow
Tampa
Mamie T
Jaunder
Oslal
Frank
Amit
Orange
Marines Call for Taller Men
Washington March 1. The Marine Corps announces new entrance rules requiring recruits to be two inches taller than previous minimum. Beginning immediately in 14 cities, the height standard is set at 68 inches instead of 66. The corps expects to boost strength by about 500 men, with 15,343 total to be reached.
MENTIONED IN THIS ARTICLE
Washington, D.C
Marine Corps
Citiea
Lormerly
Washington Banks Granted Expanded wartime Functions
Washington allowance lists banks may draft documents for shipments of food and feed, accept payments, make changes, provide safe deposit access, cash checks, and return deposits after hours. Banks may pay out deposits, complete checks, and handle trust and estate duties with limited currency payments. They may serve as trustees and manage foreign branch financing, with treasury secretary discretion on revocation.
MENTIONED IN THIS ARTICLE
Washington, D. C
Woodin
Hawke
United States
Secretary of the Treasury
Scrip and Banks Tangle as San Antonio Clears the Way
Proceedings show banks eye reopening but the San Antonio Clearing House Association has not set a date. A large batch of scrip, printed by L. B. Clegg, circulated briefly before being ruled unauthorized and then redirected to the association. Banks remain focused on cash restrictions while payrolls and business activity lag, with South Texas Bank & Trust adjusting to new operating conditions.
MENTIONED IN THIS ARTICLE
San Antonio
L. B. Clegg Company
L. L. Lents
Clearlig Han
Wiengspelallan
Minny
Sami
Bony Antonio Business Ncene
South Texas Bank & Trust Company
Tills
Sidely Depondt
Yrilia Dienst Dae
Rentora
Foreclosures Delayed as House Considers Suspension Bill
Austin March 1 A House bill seeks a 110 day delay in foreclosures and sale proceedings on real and personal property under deeds of trust executions orders of sale and mortgages from March 15 The legislature had passed a prior suspension to April 4 Other measures include highway use for camping park purposes water district borrowing and insurance tax reforms Also memorials to Congress urge immediate action on refinancing arm mortgages and lobbyist disclosure before lawmaking bodies.
MENTIONED IN THIS ARTICLE
Austin
Tema Kouse
Miriam A. Ferguson
State Highway Commission
Texas
Jeans
House
Congress
Committee On State Affairs
Police Hold Man as Intimidator of 8. A. Woman
Police detained a 29 year old man after an alleged intimidation incident against Mrs. E. Robertson of 355 Pershing Avenue. Earlier that night he knocked on her door demanded money and seized three letters from the mailbox before fleeing. Authorities note he may face federal charges for the missing letters.
MENTIONED IN THIS ARTICLE
Hobo
Southern Pacific
Seguin Road
Treat Sient
3. E. Robertson
Pershing Avenue
Heilman Funeral Service Arrangements For Adelaide Heilman
Funeral plans are set for Adelaide Heilman 27 of 401 South Presa following a Sunday collision on the Houston highway near Columbus. The service will be held at 4 p.m. Wednesday at the Haeyanil Datc- Gollum parlors. Misses Vera and Blanch Rens of 105 South Hackberry Street were in the car and suffered shock and minor injuries. Survived by her sister Miss Molle Heilman and her mother Mrs Tillie Heilman. A former Tel porter Sor The Tight, in reburn from Georgia for the fahers.
MENTIONED IN THIS ARTICLE
Miss Heilman
Molle Heilman
Tillie Heelan
Maille Beilman
Tight
Reburn
Georgia
Fahers
Covenant Invoked in Chaco Dispute by League Pact
Geneva reports that Ireland Spain and Guatemala invoked League of Nations covenant to seek intervention in the Gran Chaco border dispute between Bolivia and Paraguay. The League Gran Chaco committee asked Sir Eric Drummond to convene a special session at an early date to address the conflict.
MENTIONED IN THIS ARTICLE
Chaco
Geneva
Ireland
Spat
Guatemala
League of Nations
Bolivic
Payaguay
Gran Chaco
Eric Drummond
League
Ex Congressman's Death in New York Shocks Lawmakers
Loren Durant Drips of Larryeile Indiana, a veteran representative with forty years in the House, died suddenly in New York while visiting. The long-serving ex congressman, known for his steady tenure, passed away after retirement last Saturday.
MENTIONED IN THIS ARTICLE
New York
Washington
Durant
Eral
Debt Vacation in Arkansas Held Up
In Little Rock Arkansas the house of representatives debated a proposed moratorium on private debts. An uncertain vote left the plan in doubt with supporters urging action as the debt relief measure faced delays and possible amendments.
MENTIONED IN THIS ARTICLE
Arkansas
Litter Rock
AvRotaita House
Yiased
Qie
Wentate
Tubala
Greek Dictator Seeks to Maintain Order After Coup
In Athens a military dictator moves to keep order after a coup amid ongoing unrest. One person died and 23 were injured in yesterday’s clashes linked to the power shift. General Nicholas Plastiras led the coup, echoing his 1922 role in ousting Constantine and shaping Greece’s royal succession. Panayiot Tsaldaris opposed the royalists.
MENTIONED IN THIS ARTICLE
Athens
Greece
Constantine
George
Nicholas Plastiras
Panayotl Tsaldaris
Poaching Sightings Reported Near Sororro Island
A government expedition aboard the gunboat Guerrero reports American poachers near Sororro Island off the West Mexican coast. The study letter notes encounters with two American ships, Rainbow and Princess, amid conditions studied for conditions aboard the expedition.
MENTIONED IN THIS ARTICLE
Mexico City
Sororro Island
Mexican
Leiler
Guerrero
Rainbow
Princess
Bank scrip bill advances to ease money shortage
The sare ple banking committee sharply amended Benster Walter Wood ul's Bil to legalize issuance of bank backed scrip to relieve payroll shortages. Employers may issue scrip under the measure, with banks or building associations to issue the paper money as part of a state policy aligned with national programs.
MENTIONED IN THIS ARTICLE
Austin
Benster Walter Woodul
Woodul
Alaskans revive gold dust basis in market revival
Juneau merchants revive the old gold dust basis to conduct trade. They recall historic practice of pricing and bartering this metal in its natural state to attract buyers and revive prospecting era commerce.
MENTIONED IN THIS ARTICLE
Juneau
Alaska
Also Mentioned on This Page
Wocdin
Capitol Hill
Hny
die _ fey
Auy Transacion
United
Federal Reserve Board
Mills
George L. Harrison
New York Federal Reserve Bank
Kagen
Assursnes
Issuexi
Department
Post- Truslers
Assotiaien Plang
Clearme House
Ain
Elief
Vic White
White House
Lot Howe
Vicks FapoRub
VICKS
Pou
Selva Nuit
Carolina Demoerst
Howse
Ius Emerney
Ragsuvel
Sheehuntey
Siren
Declane
Myiel
Marek
Otter
Herving-Hall- Marvin Safe Company
Clegg Company
Soledad St
Joe
Jane Noble
Light
Jani Noble
Broadway
Fifth Street
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