Bankers split over New Deal policies at Washington meeting
Some four thousand financiers at the American Bankers Association convention in Washington urged more lending to finance the New Deal while warning a balanced budget is needed. President Roosevelt asked banks to back recovery, and leaders like Jackson Reynolds urged cooperation with government to rebuild the economy.
MENTIONED IN THIS ARTICLE
Washington
American Bankers’ Association
Francis Marion Law
Houston
Texas
United States
Federal Advisory Council
Constitution Hall
Roosevelt
Jackson Reynolds
First National Bank of New York
Jesse H. Jones
Reconstruction Finance Corporation
J. F. T. O'Connor
Henry P. Fletcher
Republican National Committee
House of Representatives
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Democratic Committee
Fletcher
Santa Claus
California
Upton Sinclair
Agricultural Adjustment Administration
National Recovery Administration
Students of Government
Record Flight Speeds Set by Italian Seaplane Ace
Francesco Agello, nicknamed Crazy Boy, set a new speed record in a seaplane at Desenzano, averaging 440.29 mph over four passes with an 8500 hp Fiat motor. He broke his own mark by about 16 mph using his old plane.
MENTIONED IN THIS ARTICLE
Francesco Agello
Italy
Desenzano
Rift Between Federal Reserve Board and Advisory Council Deepens
The advisory council, a business leader body advising the Federal Reserve, urged that the gold standard be restored and criticized government driven business ventures. The Fed board rejected the views, returning the statement to its secretary, prompting fears that politics is seeping into banking supervision and fueling a Capitol Hill debate.
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Federal Reserve System
Reserve Board
Advisory Council
George F. Warren
Brain Trust
Federal Reserve Board
Roosevelt
Washington
Land Moving Westward Theory Seeks Earthquake Link
Pathfinder Magazine reports observations and calculations evaluating Naval Observatory data that San Diego has shifted 40 feet in seven years. If correct, this supports the idea that land drifts westward due to Earth's rotation, bending the crust and possibly causing earthquakes.
MENTIONED IN THIS ARTICLE
Naval Observatory
San Diego
Calif
Pathfinder Magazine
California Syrup of Figs as a child laxative
A health note advises using liquid laxatives with senna for children and warns against adult strength. It promotes California Syrup of Figs in the proper strength for kids, detailing the three step approach: choose a child strength, dose by age, then reduce until bowels move naturally. It emphasizes the label "California" on the bottle.
MENTIONED IN THIS ARTICLE
California
Poor Contest He’s wrestling with his con science
The Kansas City Star quotes a quip on a featherweight match describing a poor contest as a struggle of conscience. The remark frames a small bout with a humorous, critical tone.
MENTIONED IN THIS ARTICLE
Kansas City
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