Largest check ever drawn in world history
Washington reports the largest check in world history, $499 million, paid to the treasury by the War Finance Corporation. Congress authorized $500 million capital, with up to $1 billion in advances to exporters and banks. by 1920 the related activity was suspended and later revived. The article notes the government recouped much of the funds and credits Eugene Meyer Jr. for leadership.
MENTIONED IN THIS ARTICLE
Pocatello Tribune
Washington
CPA
Treasury Department
Treasury
War Finance Corporation
United States
Congress
Wilson
Eugene Meyer, Jr
Meyer
Harding-ace
Coolidge
Agricultural Credit Corporation
New York
Washington smiles at troubles of Scotts and would like them back
Special correspondent notes Washington tolerates libertine capital culture as Rep Frank D Scott faces divorce. The piece recalls hotel life, poker, and alcohol among lawmakers, offering a wry look at congressional immunity and social excess. The writer says he would like the Scotts back in Washington.
MENTIONED IN THIS ARTICLE
Washington
Scotts
Oid Chamberlain
Scott
Panama
Washam
Tts
Department refutes wheat speculation complaints
Washington reports the agriculture department found no evidence to support claims that wheat is the target of vicious speculation. It rejected charges the grain futures act is unenforced and said growers gain from high prices while consumers are not harmed. The department cited a rare, lasting parity of wheat prices with other commodities.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Debt conference to be called in Brussels in March
Paris Jan 7 AP plans for an inter allied debt conference at Brussels next March were formulated by Winston Churchill British chancellor of the exchequer. He is due to arrive with the British delegation for the allied finance ministers conference opening tomorrow and will press plans in private talks with other heads of delegations. He has an appointment with M Clementel French minister of finance tomorrow to discuss debts. Churchill is expected to outline the proposal during those discussions.
MENTIONED IN THIS ARTICLE
Paris
Brussels
United States
Winston Churchill
Churchill
M. Clementel
Ambassador to Russia Paria Departure in Moscow
Jean Herbette, France's first ambassador to the Soviet Union, departed for Moscow with two aides. Leonid Krassin, Soviet ambassador to France, and Mme Krassin saw the party off at the station.
MENTIONED IN THIS ARTICLE
Russia
Paria
Jean Herbette
Soviet
Moscow
Herbette
Leonid Krassin
France
Mme. Krassin
Draft prospects for government service loom over March 14 expiry
The text notes a March 14 expiry and suggests potential drafting by the government for a major financial enterprise, possibly linked to settling allied debts or other significant economic tasks. It emphasizes uncertainty and the prospect of government assignment in near future.
MENTIONED IN THIS ARTICLE
Pires
Southern Style Dinner Service Thursdays at Abe Oriole
A Southern style dinner is served every Thursday from 11 30 a.m. to 2 00 p.m. at Abe Oriole. The comment notes a weekly meal, with no additional details available.
MENTIONED IN THIS ARTICLE
Abe
Oriole
Paris Embroidery over lace dominates evening frocks
Fashion notes from Paris London and New York highlight lace over embroidery and silk fringe gowns with silk fringe designs by Jean Magnin. Hats adapted for English wear slim crowns, and fur trimming gives way to narrow fur edges. Winter sport wear features denim parkas with fox lining and tennis outfits favor white linen and flannel with wide skirts.
MENTIONED IN THIS ARTICLE
Paris
Jean Magnin
London
Wembley
New York
Igloo Ike
Walton Appears Before Committee in Forbes Thompson Trial
Colonel E F Walton former executive officer of the construction service testified in the Forbes Thompson conspiracy trial about the Northampton hospital foundation contract and Pontiac Construction involvement. J W Thompson a St Louis contractor on trial with Forbes sought the Northampton award at a bid $27000 above Northeastern Construction of New York, with half the time to complete. The Northampton contract is central to the government’s case.
MENTIONED IN THIS ARTICLE
Chicago
E. F. Walton
Quartermaster’s General Office
Veterans Bureau Hospital
Pregan
Charles Forbes
Forbes-Thompson
Northampton
Mass
Pontiac Construction Company
J. W. Thompson
St. Louis
Forbes
Veterans
Church Council Session Hears Education Study Report
Chicago January 7 President Coolidge sent greetings to Dr R L Kelly executive secretary at a council of church boards of education meeting The council and Sage foundation study by Dr Joseph M Artman examined the influence of higher education institutions The report aims to unify the varied educational efforts and expand publicity via radio and newspaper ads
MENTIONED IN THIS ARTICLE
Chicago
Coolidge
Council of Church Boards of Education
R. L. Kelly
Council
Institute of Social and Religious Research
Sage Foundation
Joseph M. Artman
Bigaibey Poe
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