Economics Authority Calls Townsend Plan a Panacea Lie
United Press summarizes critical views by Dr. Graham Laing of Caltech on the Townsend Old Age Revolving Pension Plan. He argues the plan would require taxes to fund monthly $200 payments, trigger inflation, and fail without coordinated production increases. He warns prices would rise as elderly spending surges, undermining the policy’s aims.
MENTIONED IN THIS ARTICLE
United Press
Pasadena
Cal
Townsend
Graham Laing
California Institute of Technology
United States
Laing
Dr. Laing
Harold Loeb
Christmas Eve Chaos On Houseboat Row Laments and Hope
Residents of Houseboat Row prepare for Christmas as a pneumonia case tests a family’s resolve. Big Adam’s son Dan seeks aid after trouble with crooks, Nightingale urges help for a lover, and a doctor tends to Little Peter while police and neighbors rally to cover medical costs amid a bitter inflation debate and Townsend era policies.
MENTIONED IN THIS ARTICLE
Vincent
Luke Conners
Nightingale
Dan Adam
Big Adam
Cgake
Big Adam’s
Hannigans
Peter
Ann
Tom
Auto Steering Used a New Airplane
An Indianapolis report notes National Motors Corporation tests a new all metal airplane designed to rival automobiles in cost and mileage. The craft uses steel jigs and welding or roll-band joints, a double-deck keel, detachable wings, and a connected motor and fuselage to the keel.
MENTIONED IN THIS ARTICLE
Indianapolis
National Motors Corporation
Aircraft seating draft with auto style controls and wheels
The design envisions seating the pilot and passenger side by side with a standard steering wheel and automobile type instrument panel. Braking is by a bagreed control with two rudders, and operation may be independent.
Also Mentioned on This Page
Economics Authority
Qne
Mma Eve Ruth Louise Ayers
Vincent Rocke
Dan
Pete
Merry Christmas
Kennedy Koal
Allis
Geo. R. Allen & Son
Lorain County Savings & Trust
Goodyear
West Ave
Cheerio
Noel
Geo. H. Crawford
Broad ST
Lee Whitney Co
FE. Loeffler CO
Imperial Furniture CO
East Avenue
J. C. Welch
Second Street
The
Elyria Lumber & Coal Company
Chestnut Street
C. W. Barrel
Middle Avenue
J. J Mosher
Harvard Avenue
A Minnich & Sons
West St
Elyria Belting and Machinery Co
Stewart-Warner
F. H. A. Plan Heldmyer Hardware
Broad &T
Elyria Hardware Co
O. P.S. Electric Shops, Inc
West Side Lumber & Coal Co
Cc. A. Persons
Mgr
West Street
Parsch Lumber and Coal Co
Lodi Street
Elyria Plumbing Supply Co
Temple Court
Inter-City Coal and Supply CO
Malcohm Court
East Ave
Northern Savings and Loan
Federal Home Loan Bank System
Masonic Temple
Elyria Superior Electric
Middle Ave
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