Babson Views Future of Banks in 1934
Babson Park Massachusetts August 10 1934 The Law of Action and Reaction applies to banks as to every other institution He notes banks have undergone a drastic housecleaning since 1929 and now lean toward a conservative bond market stance Deposit insurance boosts public confidence in bank safety While not helping all institutions it strengthens belief in the banking system and overall improvement in the economy
MENTIONED IN THIS ARTICLE
Babson Park
Massachusetts
Liao
Merba
Tae Drewdelt
Rengta
Printer Nominated and Banking Reform Debate Reflect Era
A Topeka union printer is nominated for governor, facing Geralf M Landon backed by Republicans as credit and banking reform dominate discussion. The piece analyzes Roosevelt recovery aims, RFC influence, and a proposed centralized bank system with government checks to deposits, plus shifts in lending and profit dynamics. It also notes historical Chinese isolation and Formosa entry, and cites government spending at $13,000 per minute in the last fiscal year.
MENTIONED IN THIS ARTICLE
Omar Beetchum
Topeka
Kansas
Geralf M. Landon
Roosevelt
RFC
Iself
Treasury Department
Canok
Conditions Improve as Bank Warnings Rise and Deposits Grow
The report notes strong RFC support despite liquidity pressure. Bank costs are controlled and depositors receive lower payments while stocks look more tradable than a year ago. Demand deposits exceed last year by 2.157 billion. loans lag last August by 3.9 million. Credit reserves hit an all time peak at four billion dollars.
MENTIONED IN THIS ARTICLE
RFC
Casinese Mer
Sota
United States
Lorain Candidate Appeals Voters For Primary Support
A Lorain attorney running in the Republican primary for common pleas judge outlines his public service, including four terms on the school board, library board, and council, and his role drafting Lorain’s municipal court act. He recounts advocating separate sales of government houses postwar to aid working families and asks for voters’ support to be faithfully and well served if elected.
MENTIONED IN THIS ARTICLE
Common Pleas
Lorain
Board of Education
Lorain Gu
Municipal Court
Sheffield
Black River
Thms
Senate
House
Ohio
U. S
Secretary of Wars Office
Sipping Board
Washington
Also Mentioned on This Page
Babson
Community Bank
Businss
Babsonchatl
Ty Publishers Financial Bureau
Formosa
Vinur B. Ketchum
George White
U.S
John P Echooley
White
Calumbis
W. H. Bruce Custom Tailor
Broad St
Financial Service
the Inland Loan CO
The
Century Building
Elyria
Mgr
Lorain County, O
Frank Coleman
Saturday Review
Fermanents
Mae Lenszler Strean
Fashion News
Fen
Waynew
Helle Sharmeel
Oxfords
Studio Divan
Brown’s Furniture Department
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