New Government Lending Plan Faces Trouble Says Experts
This 1940 analysis argues the Roosevelt lending plan risks failing as a long term policy, highlighting stressed money flows, self liquidating bonds, and political timing. It notes a $3.84 billion program with allocations for public works rural electrification housing and farm tenancy, plus loans to nations. The piece traces fiscal projections, fears from financiers, and possible impact on 1940 politics and rail recovery.
MENTIONED IN THIS ARTICLE
Congress
North Carolina
Josiah W. Bailey
U. S
Ae A Tmely
Roosevelt
Benator
Bailey Shin
Nor-federal Public Works
Lke
New Deal
FHA
Adolf Berle Jr
South America
Scandinavian
Mussolini and politics shift in Balkans and Hatay gains
The report notes Bulgaria’s isolation as pro Nazi sentiment wanes and Turkey gains strategic leverage through the Hatay transfer, despite league scrutiny. It highlights Franco‑French resistance to Mussolini over Suez, Tunisian minority rights, and a new naval gear shift amid a July 1 start to the 1939-40 fiscal year with heavy navy and air programs.
MENTIONED IN THIS ARTICLE
Balkans
Bulgaria
Turkey
Russia
Britain
Mussolini
Leason
Republic of Hatay
Syrian Alexandretta
League of Nations
France
Italy
NAVY
U. S
Congress
San Juan
Puerto Rico
Kaneohe
Pearl Harbor
Hawaii
Sitka
Kodiak
Alaska
Midway Island
Johnston Island
Palmyra Island
Pacific
Pensacola
Jacksonville
Fla
Tongue Point
Anglo U S barter pact shifts cotton for rubber basis
The United States and Britain agree a seven year wartime barter plan. The U S will provide Britain 90 million dollars worth of surplus cotton, roughly 600000 bales, from farmer loan securities. Britain will supply 0.5 million tons of rubber for military tires and other wartime needs.
MENTIONED IN THIS ARTICLE
U. S
England
Dust bowl relief marks vast land recovery progress
The article notes the Dust Bowl's 1936 impact across Texas Oklahoma New Mexico Colorado and Kansas with 16 million acres eroded by winds. Reclamation efforts through rainfall conservation contour farming reduced blown acres to 860000 by spring. Wheat output predicted to rise from 4 million bushels in 1935 to 16-25 million this season. Farmers in northern plains report unusual summer rain and cautious optimism.
MENTIONED IN THIS ARTICLE
America
Panhandles
Texas
Oklahoma
New Mexico
Colorado
Kansas
Plains
Nebraska
North and
South Dakota
Wyoming
Montana
Pedestrian Safety Advise From National Safety Council
The National Safety Council warns that in 1938 pedestrians made up three fifths of traffic deaths. Many walked on the wrong side, wore dark clothes at night, and violated signals. Sorenson urges pedestrians to obey signals, sidewalk building, and safer acts to reduce fatalities.
MENTIONED IN THIS ARTICLE
National Safety Council
Leslie J. Sorenson
U. S
Purge predicted to reshape Louisiana political machine
The forecast targets Earl Long succeeding his brother Huey Long to purge the Long-era machine and sustain a tight organization amid dissension. First departure expected is Dr. James Monroe Smith, once named president of Louisiana State University. Separately, Squalus wreck specialists foresee the submarine will not be raised before late July due to rescue equipment needs.
MENTIONED IN THIS ARTICLE
Richard W. Lewhe
Huey Long
Earl
James Monroe Smith
Louisiana State University
Sarvayers
U. S
Azores Harbor Welcomes Transatlantic Flight Echoes
The Azores port of Horta on Fayal island figures in aviation history as NC-4 and later the Yankee Clipper both stopped there. NC-4’s 1919 transatlantic hop from Newfoundland was followed by Lindbergh’s 1933 visit, with 1938 marking renewed frequence of arrivals. Horta’s harbor and jetty host many visiting flights and serve as a key transoceanic cable hub with six international company offices handling messages to North America Europe and beyond.
MENTIONED IN THIS ARTICLE
Ni 16
Meppeegciesra Oma Ee
Horta
Azores Islands
Navy
Newfoundland
Albert C. Reid
Azores
Ponta Delgado
Islands
Lindbergh
Col
Charles A. Lindbergh
Lisbon
North Atlantic
Nordméer
Mercury
Brandenburg
de Vaisseau
Paris
Atlantic
Baltimore
Maryland
Fayal Island
North America
Europe
South Africa
World Eyes New Bolivia Tin Coveted
Bolivia under a new dictatorship relies on tin exports for most government revenue, with tin as a global strategic metal. Bolivia, third largest tin producer, ships mainly to Britain, lacks seaports, and sits landlocked between Andes highlands and Gran Chaco. The regime led by Col. German Busch promises elections in nine months as rubber, quinine, and other minerals bolster exports.
MENTIONED IN THIS ARTICLE
National Geogramic Society
Ashington
D. C
Bolivia
South America
United States
New World
Federated Malay States
Netherlands Indies
Asia
Great Britain
Americas
China
Col
German Busch
Texas
Lone Star
Chile
la Paz
Lake Titicaca
Gran Chaco
Adventurous Americans and the early spark of rebellion
Feature items recount James Smith leading the Black Boys against British forces at Fort Loudon in 1765, preview Henry Weston Smith’s Deadwood preaching years ending in Sioux death, and the 1862 Marietta Big Shanty raid led by James Andrews. The pieces highlight pre-revolutionary resistance, frontier violence, and Civil War era intrigue with vivid historical detail.
MENTIONED IN THIS ARTICLE
Ames Smith
England
Young Smith
His Majesty’s Army
America
Fort Loudon
Smith’s Torcea
Barr
Ft. Loudon
Bunker Hill
James Smith
Black Hills
South Dakota
Henry Weston Smith
Smith
Deadwood
Roarin
Crook City
Wellman Fights Sandstorms On Desert Set in Santa Fe
Article profiles William Wellman known as Wild Bill, detailing his stunts during filming The Light That Fell in the New Mexico desert near Santa Fe. It notes his past as a racer and WWI ace, his serial feuds, and his rise to stardom with Wings and Men with Wings while highlighting his colorful Hollywood persona and recent work.
MENTIONED IN THIS ARTICLE
York
Kippling
New Mexico
Santa Fe
Williamn Wellman
Bill
Arizona
Hallywood
Dorothy Coonan
Banister Says Women No Longer Share Of Headlines
Mrs Banister, sister of Senator Carter Glass, told the Regional Conference of Democratic Women in Washington that public excitement over women in office is waning. She, who helped George Oree's committees on public information and served as treasury post holder since July 1923, notes women now hold responsible posts without glare.
MENTIONED IN THIS ARTICLE
Iet
United States
Blair
Binister
Fice
Democratic Women
Washington
Also Mentioned on This Page
EERLY
Joseph W. Lahine
Hustor
Western Newspaper Union
Politics
Georges Bonnet
Saad Davaz
Mediterranean
Benito Mussolini
Dardanelles
Iareang? Sea
Harry Yarnell
Shanghai
Tokyo
Japan
Occidentala
Orient
Harry E. Yarnell
Independence
Iowa
Yarnell
Nashville
Thomas C. Hart
Germany
Dictator Busch
Brazil
Amazon
Sky Pilot
Marietta
Atlanta
Chattanooga
Big Shanty
James.Andrews
Flemingsburg
W. A. Fuller
Andrews
Western and Atlantic
Fuller
Gnally
Weeters
Volon
By, Lemuel F. Parton
Tommy Birichcock
Chicago
Mr. Wellman
Hollywood
Capra
la Cava
Hitchcock
Brookline
Mass
Lafayette Escadrille
Douglas Fairbanks Sr
Goldwyn
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