Doubting Thomas on Wall Street and Europe
A 1927 opinion piece critiques stock market panic after the Federal Reserve raised rediscount rates to curb speculation. It argues for sound values, notes wage and wealth trends, and questions Prohibition, bootlegging, and political corruption while recounting aviation feats and a proverb on risk and value. It references Europe, the epigenic baby joke, and figures like Brooks and Lindbergh in a reflective, reformist tone.
MENTIONED IN THIS ARTICLE
New York
High Finance
Federal Reserve System
Blasco Ibanez Dies in Exile on French Riviera
Paris, Jan 8. Blasco Ibanez, famed Spanish writer of Blood and Sand and Four Horsemen of the Apocalypse, died at his villa on the French Riviera at 3 AM after a battle with bronchial pneumonia and pleurisy. Born Valencia 1867, he led a tumultuous political life, lived in Argentina, and spent years in voluntary exile. He published Alfonso XI Unmasked and his works inspired a popular film adaptation. He visited the United States in 1928 giving lectures.
MENTIONED IN THIS ARTICLE
Paris
Blasco Ibanez
French Riviera
Mentone
Spain
Ibanez
Alfonso XI
France
Germany
Morocco
Argentina
Fhanez
Valencia
United States
Vate May Not Seek Ballot Recount in Pennsylvania
Senator elect Vate of Pennsylvania may not pursue a full state recount. He faces an election contest by Democrat William B. Wilson seeking a recount in six counties Allegheny Philadelphia Delaware Luzerne Lackawanna Schuylkill. The Waterman subcommittee plans to study recounts for those counties so Wilson's challenge may be resolved before the April primaries.
MENTIONED IN THIS ARTICLE
Washington
Vate
Pennsylvania
William B. Wilson
Wilson
Allegheny
Philadelphia
Delaware
Luzerne
Lackawanna
Schuylkill
Waterman
Privileges and Elections Committee
Ware
Senate
Secretary Davis to speak at Westinghouse tribute
Pittsburgh January 28 Secretary of Labor James J Davis will be among the speakers as Westinghouse Electric and Manufacturing Company pays tribute to 8000 employees who have served the firm for twenty years in a formal ceremony tonight in Pittsburgh.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.P
James J. Davis
Westinghouse Electric and Manufacturing Company
Repairs Floor On Sunday Court Fines Him
Altoona PA January 28 Edward Yon a carpenter faced Blue Laws penalties for repairing a door in a grocery store on Sunday. Squire W B Fickes fined him 14.25 dollars and court costs, noting it was a day without profit for Yon.
MENTIONED IN THIS ARTICLE
Altoona
Edward Yon
Won
Squire W. B. Fickes
Yon
Legal machinery started for new Warren school program
The Warren school board began a formal inquiry led by solicitor John Siggins Jr into the November bond issue for a Warren school building program. Pittsburgh engineer Charles L. Woolridge presented a comprehensive survey, with findings referred to the building committee led by W. F. Clinger for investigation and future report.
MENTIONED IN THIS ARTICLE
John Siggins, Jr
Warren
Warren School Board
Charles L. Woolidge
Pittsburgh
W. F. Clinger
Warren County Poultry Elects Leaders At Annual Meeting
H W Frost of the Overland-Williams Knight Agency was re elected president of the Warren County Poultry and Pet Stock Association at the annual election Friday night. R H Schuler of Warren was re elected vice president C J Lindmark of R D 4 was elected secretary succeeding Myles A Kirby Edgar Lasher of Russell was made treasurer One new office, assistant secretary, was created with H Myers of Star brick elected to the post Sixteen members attended the meeting Business for the past year was completed and reports accepted
MENTIONED IN THIS ARTICLE
H. W. Frost
Overland-Willys Knight Agency
Pennsylvania Avenue East
Warren County Poultry and Pet Stock Association
R. H. Schuler
Warren
C.J. Lindmark
Myles A. Kirby
Stoneham
Edgar Lasher
Russell
Franklin R
Gas well with million cf daily output brought in near Ridgway
Ridgway January 26 a gas well on the Robert W Rendie farm near Ridgway was completed delivering about 1 000 000 cubic feet of gas daily. The find adds a significant productive unit to the county’s energy output and may spur further exploration in the region.
MENTIONED IN THIS ARTICLE
Ridgway
U. P
Robert W. Rendie
Youthful Coaster Instantly Killed In Sled Crash
In Altoona on January 28 Chester Martz aged 19 from Juniata was killed when the sled he rode crashed into a truck. It marked the third fatal coasting accident in 24 hours in the area.
MENTIONED IN THIS ARTICLE
Altoona
Jan
U. P
Chester Martz
Juniata
Robbers Blow Safe in Drug Heist Reach Philadelphia
Philadelphia police seek six robbers believed to have fled here after blasting a safe at the Trenton Wholesale Drug Company in Trenton New Jersey. They escaped with an estimated eight thousand dollars in drugs and cash. Police report the men dynamited the safe and fled the scene prompting a statewide manhunt.
MENTIONED IN THIS ARTICLE
Philadelphia
U.P
Trenton Wholesale Drug Company
Trenton
N. J
Deadlock tightens on main issues in Washington
Washington faces a deepening legislative deadlock as Congress and President Coolidge clash on key measures. Flood control, farm relief, tax cuts, tariff revision, merchant marine policy, naval construction, and the S-4 inquiry all remain stalled, with the Democratic Independent Republican coalition controlling the Senate and the House at odds with both.
MENTIONED IN THIS ARTICLE
Washington
Congress
Loggershead
Coolidge
White House
Senate
House
First Step Taken for Community Chest Campaign
Seven participating organizations submitted 1927 expenditure reports to Chest director William F. Yeager on Saturday. The mid March five day drive will be supported by a budget survey next week to outline annual allocations. The seven groups last year were the YMCA, Boy Scouts, Salvation Army, Children's Aid Society, Warren Relief Association, YWCA, and Visiting Nurses Association.
MENTIONED IN THIS ARTICLE
Community Chest
William FE. Yeager
Chest
Board of Directors of
the Chest
Boy Scouts
Salvation Army
Children’s Aid Society
Warren Relief Association
Visiting Nurses’ Association
Thomas K. Creal
C. A. Pressel
H. G. Eston
Winter Grips Eastern States With Snow Expectation
A cold wave blankets the East with snow likely in Great Lakes and Appalachian regions and northern mid Atlantic. Washington reports several inches of snow with more on the way as New York faces continued freezing temperatures and forecasts colder weather through tomorrow.
MENTIONED IN THIS ARTICLE
Washington
Great Lakes
Appalachian
Middle Atlantic States
New England
Weather Bureau
New York
New
Great Crowd Welcomes Lindy After Flight To Bogota
Lindbergh arrived in Bogota after a perilous run over mountains from Cartagena, landing at Madrid Field at 3 PM. Crowds of more than 100000 lined the route as the Spirit of St. Louis passed Monserrat, was escorted by a Colombia aviator, and greeted with shouting, streamers, and a royal welcome at the American Legation.
MENTIONED IN THIS ARTICLE
Rogopa
Colombia
U. P
Charles A. Lindbergh
Cartagena
Bogota
St. Louis
Madrid Field
Lindbergh
Jimes
Monserrat
Daza
Streamec
Legation
Linter
Warmer Weather For Week Is Forecast
Washington forecast for next week predicts rising temperatures and generally fair conditions in the North and Middle Atlantic states with local snow in the north portion early, then rain or snow and colder weather later. Ohio Valley and Tennessee expect near to above normal temperatures early, then a middle week rain or snow period followed by colder conditions.
MENTIONED IN THIS ARTICLE
Washington
North
Middle Atlantic States
Ohio Valley
Tennessee
Predicts House Consent in Bill
Washington Jan 28 The House is expected to accept a revised S-4 investigation resolution paving the way for a congressional inquiry into the submarine disaster. It also calls for a presidential commission to probe safety devices, aligning with leaders and President Coolidge and Secretary Wilbur’s preference for expert input.
MENTIONED IN THIS ARTICLE
Washington
U. P
House
Senate
Beitten
Vinson
Naval Affairs Committee
Colidge
Wilbur
Traffic men and conference here
Traffic representatives of the National Petroleum association from many cities were en route home Saturday after a conference on rates at the Conenango club Friday and an evening entertainment. Traffic men took no action on certain rates for oil and acid transportation though several speakers recommended adjustments. Thirty three traffic men attended the meeting.
MENTIONED IN THIS ARTICLE
National Petroleum Association
Conenango Club
Four-auto collision injures three in Pittsburgh street
In Pittsburgh on January 28 a slipery street crash involving four autos and a truck left three injured, one severely. Mrs. Lottie McIntyre, 25, suffered a probable skull fracture while two others in her car were lightly hurt. All three were hospitalized. Other car occupants escaped injury.
MENTIONED IN THIS ARTICLE
Pittsburgh
Lottie McIntyre
McIntyre
Engineers to study need for Warren Sheffield bus service
Transportation engineers from White Motor company will study traffic conditions to determine time and frequency of a Warren to Sheffield bus line starting about March 1. E. W. Albertson Kane Sheffield Transit head, with M. Herold and R. T. Fullerton, travel to Cleveland for discussions with White Motor representatives and Penn Public about rates and loads.
MENTIONED IN THIS ARTICLE
Warren
Sheffield
White Motor Company
E. W. Albertson
Kane- Sheffield Transit Company
Cleveland
The
Motor Truck Company
M. Herold
R. T. Fullerton
Erie
White Company
John P. Fernstermacher
Penn Public
Kane-Sheffield Transit Company
Trolley
Albertson
Warren Street Railway Company
Kane
Halt Conference to Honor Cuban Patriot
Havana January 28 UPI Pan America honored the memory of Cuban patriot Jose Marti on the anniversary of his birth. Delegates from 21 nations gather to foster a greater Pan America, with Cuba hosting the sixth Pan-American Conference. After tense early sessions, delegates enjoyed a day of relaxation as discussions continued on regional relations.
MENTIONED IN THIS ARTICLE
Havana
Pan America
Jose Marti
Cuba
Marti
Americas
First General Snow Blankets Pennsylvania
The first general snow of the year blanketed nearly all of Pennsylvania with heavy falls in the mountains between Altoona and Johnstown. Harrisburg and Philadelphia reported several inches, Pittsburgh over an inch, and the anthracite fields saw depths over three inches. Subzero winds chilled New York and the Midwest. seven deaths occurred in Chicago as the cold wave spread. Miners in Pennsylvania expected relief from a mild winter, while road crews fought to keep highways open amid widespread travel disruptions.
MENTIONED IN THIS ARTICLE
Bs United Press Winder
Grain Plains
Atlantic Seaboard
Chicago
Washington
Weather Bureau
Mid
New York State
Pennsylvaa
Pennsylvania
New York City
Old South
Harrisburg
Navy
Pittsburgh
Philadelphia
Ms. Carme
Altooha
Johnstown
Weather Forecast: Fair Tonight With Rising Sunday Temperatures
The region enjoys generally fair conditions tonight as high pressure dominates. Temperatures rise Sunday with clear skies over most areas while central plains to Appalachians see a temperature drop due to a trough. Frozen readings occur in far south and along the 10 degree line toward central Kentucky. north of the Ohio River temps near zero.
MENTIONED IN THIS ARTICLE
Plains States
Central Plains
Appalachian Mountains
Mobile
Kentucky
Ohio River
Canadian Northwest
Wisconsin
Minnesota
Manitoba
Atlantic Coast
Ohio Valley
Lake Region
Chicago
Miami
Philadelphia
Pittsburgh
Washington
Also Mentioned on This Page
East and Middle States
Thomas
Wall St
Europe
Crus H. KE. Curtis
Europa
Danae
Perseus
William the Conqueror
Leonardo
George Bernard Shaw
Shaw
Fou
Nashville
Tenn
Brooks
Mexico City
Detroit
Blue Ridge Mountains
Riviera
Vare
Davis
Spear
Board
Warren County
Poultry
HL. W. Frost
BIG Gasser
Ridgway, PA
Seaboard
Lindy
White Motor Co
Midwest