Roosevelt signs bill allowing nonmember banks to borrow
Washington March 24 President Roosevelt signed the measure authorizing state nonmember banks to borrow from Federal Reserve banks during the banking emergency. The bill, completed by Congress, requires banks to post security meet soundness rules and reserves and undergo Fed examinations.
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Washington, D. C
Roosevelt
Federal Reserve
Garner
Rainey
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Federal Reserve Board
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Train of Gliders Attaches to Plane Studies in Italy
In Milan an experimental train of a plane and glider is tested to cross the Alps from Zurich to Milan. Piloted by Robert Fretz and Willy Farmer, both Swiss, they fly to 13 500 feet, delivering mail by glider for the first time in history. Radio telephones kept contact during the 200 mile flight. The glider landed shortly after the plane, carrying packages and letters. Repetition of the experiment is planned.
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Italy
Milan
March
Alps
Zurich
Girmal
Robert Fretz
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Filan
Texas beer bill aims to lift sale restrictions
Texas lawmaker John Mathis proposes dropping all beer sale limits, arguing that 82 percent non-intoxicating content justifies allowing beer to be sold in dirt stores filling stations and other outlets where soft drinks now are sold. A public hearing is scheduled for next Monday on the measure.
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Austin, Mare
Tns
Texas
John Mathis
Artist finds ancient city in Auvergne plateau
Paris March 24 US A landscape painter Maurice Bussit curator of the Clermont Ferrand museum discovers remains on a high plateau believed to be the ancient Gallic city of Gergoval where Vercingetorix defeated Caesar. Five miles of fortifications and houses mark the site with Roman pottery fragments and volcanic domes. Archaeologists estimate the city housed about 80 000 people. The site remains wild and largely unexplored by locals.
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Geo. W. Htinman
Paris
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Gergoval
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Caesar
Maurice Bussit
Glermont-Ferrand
Audollent
Clermont-Ferrand
Pierre de Nolhac
French Academy
Interes
M. Bus
Pintin
Gaul
Electrified Rails for Half of Italy Is Duce's Scheme
Milan dispatch reports Mussolini aims to electrify 41 percent of Italian railways within five years. Main lines run Milan to Reggio Calabria through Bologna Florence and Genoa to Pisa with north links Turin to Trieste. Total mileage to be electrified reaches 2,725 miles, plus 1,250 already electrified, cutting coal import needs by about 700,000 tons yearly.
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Alps
Apennines
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Switzerland
Austria
Germany
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