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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 17, 1933
Page
8
Babson Park Florida March 17 The son of a local official asserts Roosevelt’s bold reforms will restore confidence and lead to better business, safer banks, and higher prices. The piece explains temporary currency, bank restructuring, and a balanced budget as steps to recovery while warning against rapid inflation.
The piece argues for a controlled expansion to lift commodity prices while avoiding inflation. It predicts deflation ending, rising stocks and bonds, renewed confidence in national credit, and a move toward the gold standard with Treasury action to reduce gold hoarding. It cites Senator Glass on administration effectiveness.
The Garfield Community club delays its meeting to March 22 because the river floods roads. Brookside High freshmen and sophomores held a party at the Harris home with games and refreshments. Twins Mrs. Willard Taft and Mrs. H C Chambers celebrated a birthday at Taft home. River overflow hindered travel after heavy rain. Brookside basketball banquet set for Saturday March 18.
Ivan Williamson former Michigan 1932 football captain who was kept from the basketball squad due to a knee injury is studying for Rhodes scholarship exams. His academics show 72 hours of A, 22 hours of B, and five hours of C as part of the scholastic record.
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