Silver urged as key to world recovery in Hayden report
Senator Carl Hayden released a Senate document arguing silver can unlock a trillion ounce market if debt nations use it as banking reserve and exchange metal. He cited reduced central bank use since 1900 and warned price levels rise if nations debase coinage. Silver spiked to 32 1/2 cents, with futures at record volumes as markets rallied.
MENTIONED IN THIS ARTICLE
Senate
United States
Washington
U.P
United States Senate
Carl Hayden
Arizona
Hayden
New York
National Metal Exchange
Wall Street Booms as Dollar Policy Signals Rise in Markets
In New York April 19 advances swept stocks and commodities after signals of a dollar managed price policy. Gold exports halted, the dollar fell against major currencies, and turnover neared 20 million dollars in a large rally unseen since 1931. Bond and share markets surged with many issues hitting new highs for 1933.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Washington
Wall
LaSalle Streets
New York Stock Exchange
Chicago Board of Trade
Roosevelt moves to control inflation with new world program
President Roosevelt moves to lift American prices and stabilize world exchanges by abandoning the gold standard in international trade. He gains broad authority to implement inflation control and expand currency use as part of a sweeping economic plan.
MENTIONED IN THIS ARTICLE
Arizona
Hayden
Congress
Washington
Roosevelt
United States
Wall Street
Capitol
Thomas
Oklahoma
Morgan backs Roosevelt on gold export suspension
J P Morgan endorses the president action to halt gold exports as markets react worldwide. Roosevelt consults advisers on currency measures and a possible new stabilization board while Congress debates an extension of presidential authority. Regulations on exports to be issued, timing unclear, with Treasury and Fed officials deliberating.
MENTIONED IN THIS ARTICLE
Roosevelt
Woodin
Phillips
Moley
State Department
Douglas
Pittman
Senate Foreign Relations Committee
Burns
South Carolina
White House
Treasury
Dollar Seen as Valuable Trading Point in Economic Conference
Wall Street welcomed Washington's program of controlled inflation aimed at stabilizing prices and employment. J P Morgan argued that maintaining the dollar at a premium against depreciated currencies had caused deflation, while bankers noted the steps represented a counterattack on radical inflation. Some said the U S had effectively left the gold standard since the March banking holiday, allowing the dollar to find its level.
MENTIONED IN THIS ARTICLE
United States
Jos
Meena Willa
Ashington
Russia
Armenia
U. S
New York
Wall Street
Citadel of Sound Money
Washington
J. P. Morgan
Widow of Senator Walsh Learns of Son's Death
Washington April 19 Mrs Regina Perez Chaumont De Trufin widow of Senator Thomas J Walsh and Montana attorney general designate prepared to fly to Havana after being informed by telephone of the Cuban death of her son Regina Perez Chaumont De Trujin who had illness for over a year. Another son remains with her in Washington.
MENTIONED IN THIS ARTICLE
Washington
Cuba
Regina Perez Chaumont de Trufin
Thomas J. Walsh
Montana
Walsh
Nieves Perez Chaumont de Trujin
Last Business Meeting Closes 1931-33 City Council Term
The final 1931-33 city council session ended with Alderman Fred Sweet presiding as mayor in Mayor Mc Taggart’s absence. The body will meet once more to adjourn sine die on May 1, then reorganize that night. Longtime member John Sullivan and Fred Sweet prepare to depart the council.
MENTIONED IN THIS ARTICLE
Fred Sweet
McTaggart
John T. Sullivan
John
Highland School Tops Rural Attendance Punctuality Honors
Miss Maybelle Hogan announced Highland School in the mountains south of Butte won the county eight rural districts March honor for perfect attendance and punctuality. All eight pupils posted 100 percent punctuality. Ramsay and Melrose followed in attendance rankings.
MENTIONED IN THIS ARTICLE
Little Highland
Butte
Maybelle Hogan
Highland
Brown
Gladys Whitlock
Royal Neighbors Lodge Concludes State Meeting in Missoula
The Royal Neighbors lodge wrapped its state meeting with a banquet at the Pinson hotel. Mrs. Dora Nickerson of Livingston was elected state oracle and Miss Katie Carson of Butte secretary treasurer. A candidate class was initiated by Silver City camp and dancing followed. Missoula will host the 1937 quadriennial, delegates were named to the supreme camp in Detroit on June 19.
MENTIONED IN THIS ARTICLE
Dora Nickerson
Livingston
Katie Carson
Butte
Royal Neighbors Lodge
Pinson
Silver City
Missoula
Anna Rae Brown
Mary E. Dignan
Glasgow
Plora Dickson
Havre
Detroit
Montana Forecast Promises Warmth and Fair Skies
The forecast for Montana on Thursday and Friday calls for generally fair weather with a rise in temperatures, especially in the southwest portion on Thursday.
MENTIONED IN THIS ARTICLE
Montana
Butte Man Disarms Two Feminine Bandits At Night
Otto Ziegler a 24 year old Butte resident faced two young women who held him up near his home on South Main Street just before midnight Sunday. One woman produced a gun from her coat as she demanded surrender. Ziegler grabbed the weapon and resisted, keeping the assailants from taking it.
MENTIONED IN THIS ARTICLE
Butte
Otto Ziegler
South Main Street
Cest
Gam
Ziegler
Main
Aluminum Streets
Main Street
No Special Legislature Session Likely This Fall
Gov. Frank H. Cooney announced no special session of the Montana Legislature will be held unless absolutely required, despite a projected general fund overdraft of $384,088 by June 30 and a $4.5 million refunding bond issue not fully balancing warrants. The state accountant William Hosking projected the deficit even with the bond sale.
MENTIONED IN THIS ARTICLE
Helena Mont
Frank H. Cooney
United Press
William Hosking
Hosking
Veterans sworn to US flag at Henry Lawton camp ceremony
Twenty nine Butte men recommitted to the Stars and Stripes during the Henry Lawton camp annual mustering in for Spanish-American War veterans. Wives, children, and auxiliary members attended a buffet after the oath, with members wearing blue uniforms bearing camp insignia.
MENTIONED IN THIS ARTICLE
Butte
Spain
Henry Lawton
Henry Lawton Camp of Veterans
American Legion
Veterans of Foreign Wars
Dissolution of German Masonic Bodies Ordered
Berlin April 19. The national grand lodges announce the dissolution of all Pre Masonic lodges in Germany and their reformation on a purely Christian basis. The order will retain the Free Mason name and ritual briefly, then reappear as the National Christian Order of Friedrich the Great with Jews barred from membership. The move ends nearly two centuries of Masonic tradition in Germany.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Friedrich the Great
Hamburg
British to Counter Attack U S Money Move
London reports the British government plans a counter move to U S efforts to depress the dollar. Chancellor Neville Chamberlain is expected to budget for a deficit next Tuesday. Official word says large dollar purchases failed to halt the dollar slump, risking substantial losses.
MENTIONED IN THIS ARTICLE
United Press
Also Mentioned on This Page
Mart
Gockinat Oeac
Funnto
New York Rubber Exchange
Uncle Sam’s
Tota
Says Morgan
Morgan
U.S
Son
Hele
Highland School
Little Mountain
Tate
Dora Nickerson of
S. Main
Mr. Ziegler
Cooney
Stars and Stripes
Herriot
London
Neville Chamberlain
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