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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 07, 1937
Page
8
Washington insiders concede the much-hyped expose on “immoral” tax dodgers failed to spark readers or public concern. Treasury counsel Oliphant and other strategists anticipated a clash with court packing and Treasury estimates, but the effort yielded little sensation and is winding down in a few days.
In a behind the scenes move, Roosevelt loyalists in the Senate purge conservative southern leadership over policy stances. The action marginalizes foes of the White House, replacing figures like Garner with Key Pittman as the party tightens control. The young bloc, numbering under thirty, wields influence to forge majorities on key votes and signals a shift in Democratic power dynamics.
President Roosevelt orders the SEC to tally small investors in securities on margins to gauge who spends in speculative channels. The probe, first of its kind, will reveal stock types, margin amounts, and market influences to guide policy and deter a revival of the 1929 boom.
A vintage ad promising quick relief from skin blemishes such as pimples eczema and red blotches. It touts Peterson's Ointment from Joeall druggists with money back if one application fails to delight and notes use for cracked feet and toe cracks.
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