Emergency banking bill outlines powers and conservatorship
The text details a sweeping emergency banking measure enabling rapid Treasury and Federal actions. It authorizes direct loans via reserve banks with board permission, sets asset handling rules, and allows the president to regulate foreign exchange, credits, and metal hoarding during national emergencies. It also describes conservatorship procedures for failing banks and the authority to receive new deposits under state supervision.
MENTIONED IN THIS ARTICLE
Con Press
Reserve Banks
Reserve Board of
United States
Senate
United States of America
Congress
Secretary of the Treasury
Reed
Wer
Shell
Glass
Beckton
Buch Bank
Ita
Sretin
Dimenel Vonpervater
Une Conservator
Gtalea
Federal Reserve
Federal Reserve Bank
Federal Reserve Act
Federal Reserve Board
Federal Reserve Tank
Financial Reform Plan for Bank Reorganization and Capital Rules
The document outlines conditions for bank reorganizations under OCC review and public interest, requiring consent from depositors creditors or stockholders. It details the plan effectiveness, asset disposition, protections for depositors, and penalties, plus provisions for preferred stock and capital definitions.
Non Support Trial in Salt Lake City Court
In Salt Lake City Utah March a divorce case reveals Mrs Martha B Burk mother of two children is sued for man support. Burk claims wife refused access to their home while she says he never contributed for 23 years. Judge James W McKinney rules Burk may have a house key eat with the family and sleep in a room but must not molest wife or children. When funds ran short the judge had a messenger fetch a key and paid the bill himself.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Martha B. Burk
Burk
Salt Fale
James W. McKinney
Brisk Cotton Demand Fails to Meet Rising Spot Offers
DaA LnAS March 9 reports brisk demand for cotton but spot offers climbed about 85 cents above the lay price as exchanges closed. The Wall Street cotton exchange was effectively shut since March 7, yet cash buying appeared sporadic. Traders could not gauge if market prices would rise or fall amid limited supply and rising bids.
MENTIONED IN THIS ARTICLE
Daalnas
Wdallnd
Reopened Kansas City Cash Wheat Market Amid Turbulence
The Kansas City cash wheat market is set to reopen immediately as grain merchants and millers resume operations despite ongoing grain exchange shutdowns. The reopening excludes wheat hedged under existing contracts and aims to keep the futures market closed.
MENTIONED IN THIS ARTICLE
Kansas City
Marsh
Kaieps Gilly
Muscle Shoals Bill Introduced by Sen Norris
In Washington D C Senator Norris introduced a measure linked to President Roosevelt s plan for a vast improvement project in the Tennessee valley. The bill calls for government operation of Muscle Glaus and extensive works on the Tennessee river end and surrounding area to create employment through a long range public works program.
MENTIONED IN THIS ARTICLE
Sen
Norris
Washtingtor
D. C
Matta
Iy & Did
Ryosevelt
Tenicene
Supalor Nocels
Milan Uses Radio Link With Brazil Inauguration Tale
Milan marks a milestone in transatlantic communications as Radio telephone links Italy and Brazil with a clear transmission between Giovanni Uguengo, president of the Milan chamber of commerce, and his wife visiting in Milan.
MENTIONED IN THIS ARTICLE
Milan
Italy
Drazil
Giovanni Uguengo
Rommerce
Ban Ppola
Brazll
Massachusetts in Lead for Shoes
Washington March 9 Massachusetts again led shoe production in 1922 ahead of New York Missouri Illinois and others. The Commerce Department reported total US output of 939 289854 pairs of shoes excluding rubber. Massachusetts factories accounted for 23.6 percent of output with New York at 22.1 percent and Missouri 11.7 percent while others fell to 7.1 percent.
MENTIONED IN THIS ARTICLE
Washington
D. C
Massachsetts
New York
Mussoury
Illinois
Commerce Department
United States
Massachusetts
Missouri
Cemetery Lights Spark Mystery in Defiance Village
Residents of Bruonersburg in Defiance County woke to eerie lights drifting over the village cemetery. Investigators traced the glow to air soaked corn cobs on pokers carried by five students from Defiance College as part of a Gamma Omicron Kappa initiation seeking names on tombstones.
MENTIONED IN THIS ARTICLE
Ohio
Bruonersburg
Defiance County
Defiance College
Slump Closes Boston Smithy After Years of Use
Boston’s oldest smithy in Creek Square closes for lack of business. The shop had long shod horses for A1 years before shutting down on March 8.
MENTIONED IN THIS ARTICLE
Boston
Creek Square
Americans Plant Flag On 24000 Foot Peak Amid Rescue
At the Sino Tibetan border an American expedition successfully planted flags at the 24 000 foot Gone Gr peak amid a perilous ascent. Arthur B Emmons of Boston frost bitten feet. he crawled down to 17 000 feet before being aided by a Tibetan porter and hospital staff. Terris Moore Lewin Thorne Jack Young and others returned to Tachienlu after the climb, while Dr Cook and local Catholic sisters assisted frost bite victims.
MENTIONED IN THIS ARTICLE
Peiping
Martin
Ameria
Tachtentu
Arthur B. Emmons
Boston
Emmons
Explorers
Dlay
New York
Tachleniu
Minyakonka
Bikobe Inkwenlee
Ila Stern Iay Slaes
Richard Burdsall
Port Chester
Tachienlu
Cook
American Baptists Mission
Yachou
Becke
Yande
Belelimmons
Regains Umbrella After 87 Years
Columbia Missouri reports a man named Glaué M Wheeler from Chicago formerly of Narborne Missouri recovered his umbrella lost in 1898 at a Missouri Vanderbilt football game. The umbrella was found recently in a barn lobby and traced by an ivory handle inscription C Wheeler Narborne Mo 1885.
MENTIONED IN THIS ARTICLE
Columbia
Glaué M. Wheeler
Ghicsga
Novaine
Tigers
Wheeler
Tyu- Roeg
C. Wheeler
Narborne, Mia
Legend Attracts Crowds to Grotto on Lake Maggiore
A longstanding legend draws visitors to the grotto of St Catherine perched over Lake Maggiore. Locals speak of a notorious figure tied to the tale, and many travelers flock to seek mercy from alleged evils the site might cure.
MENTIONED IN THIS ARTICLE
Lago Maggiore
Italy
St Catherine
Alberto
Wat
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McIation
Sleast
Fis
Beoka of the Nations Banking Association of Fe
The
Nations Banking Association
Shell Lare
Yll
National Banking Association
Corréner- In
Cialmy
Aftec
Bank Shell
Dnhich
Perjesd
Thin
Srevian P and
Bertons
Bedlayal
Isshance
Rit
Arelinn
Greetalan
Vty Nplingal
Allon
Seid Pompboller
Glock
F.C
Reconstruction Finance Corporation
Federei 7
Trendy
United Atobey Ureestav
Ehabeertl
Ribe Regia Dons
Alieh
Gash Wheat Mart
Brazil
West King’s Highway
Beauty
Angela Joyce
England
America
Reige
Angela Joye
Jen
Amerca
Neat
Themerican
Eaweekly
Aaa Traite Oat
Frite Arnett Teta Vaan Venere
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