Bankers Cite Fakers Unrest At FTC Hearings
Federal Trade Commission hearings into social unrest focus on bank and government officials testifying that fake security selling for Liberty Bonds fuels turmoil. Charles S. Hamlin warns revived stock swindles lack wartime powers, while Jason Westerfield and Richard Lee discuss gaps in federal and state laws and the Postoffice route exploited by promoters.
MENTIONED IN THIS ARTICLE
Cam
Algnn
Federal Trade Commission
Charles S. Hamlin
Federal Reserve Board
Capital Issues Committee
Jason Westerfield
New York Stock Exchange
Richard H Lee
Associated Ad Clubs
Postoffice Department
Senate approves 7.1 million for hospital projects
The Senate passed a bill providing 7,100,000 for hospital acquisition and maintenance and a plan to turn over army hospitals to the Public Health Service and the War Risk Insurance Bureau. The measure moves to conference as the bill totals roughly 5,600,000 less than the House version. Government acceptance of the Speedway Hospital project in Chicago A18 is included.
MENTIONED IN THIS ARTICLE
Public Health Service
War Risk Insurance Bureau
Senate
Speedway
Chicago
Chinese tunes for sleuths in murder case
Headquarters detectives found Wan and his brother W T Wan in jail awaiting grand jury action. Wan, charged with murdering three members of the Chinese educational mission, had amused himself with Chinese records and Celestial songs. A detective who aided the case received a stickpin from Wan.
MENTIONED IN THIS ARTICLE
S. Wan
Chinese Educational Mission
Wan
W. T Wan
Ansell On Army Spirit At Oklahoma Club Meeting
Gen S T Angell acting judge advocate of the army told the Oklahoma Club of Washington at Wilson Normal School that Allied soldiers displayed unity and resolve in battle. He said US troops went into the struggle to make good as the nation’s showcase. A banquet honoring Senator Robert L Owen will be held Tuesday at Cushman’s restaurant after his European trip.
Minimum wage board names conference committee in District
The District minimum wage board announced the full conference committee to set a wage for women in printing and publishing trades. Members include Judge William Hill, Mrs Frances C Axtell, Dr John Ryen, and representatives from public, employers, and employees. First meeting scheduled for next week.
MENTIONED IN THIS ARTICLE
William Hill
Frances C Axtell
John Ryen
Charles F. Crane
Frank A. Hill
Lee Baumgarten
Nattie Kirchner
Neliie Shalry
Essie Read
Reed admits bolshevist ties before Overman panel
John Reed testified before the Overman subcommittee that the bolshevist government did useful work in Russia and that he advocated revolution in the United States, though nonviolence was possible. He said information propaganda would be formed in New York with funds from wealthy supporters. Louise Bryant defended herself, while Albert Rhys Williams was set to appear.
MENTIONED IN THIS ARTICLE
John Reed
Fresly
Overman
Russia
United States
Louise Bryant
Wolcott
Reed
New York
Bureau
S. Nuorteva
Finnish Information Bureau
State Department
Albert Rhys Williame
Poli
Johnson
California
Senate
Senator Walcott
Maj
Humes
Maj. Humes
Mrs. Reed
Senator Sterling
South Dakota
Miss Bryant
Congress
Albert Rhys Williams
Creare
Anne
Federal Unionism Urged at Government Employee Meeting
A Federal Employes Union No 2 gathering at 4 45 pm in the Interior Department auditorium featured Rep Carl C Van Dyke Minnesota and Miss Jeannette Rankin Montana as speakers on government employee organization. The Interior Department orchestra conducted by W G Wilmarth provided instrumental music.
MENTIONED IN THIS ARTICLE
Interior Department
Carl C. van Dyke
Minnesota
Misa Jeannette | Rankin
Montens
W.G. Wilmarth
Big Railroad Bill Passed by House
The House approved a $750 million railroad administration revolving fund, adding to the existing $500 million federal control appropriation. Sen Cummins plans to attach measures to prevent return of private ownership and to restore rate-suspension power to the Interstate Commerce Commission as riders. Witnesses at the committee hearing included Ark. Senator Robinson and National Grange representative Atkeson, noting limited farmer support for government ownership.
MENTIONED IN THIS ARTICLE
Railroad Administration
Cummins
Senate Interstate Commerce Committee
Congress
Interstate Commerce Commission
Robinson
Arkansas
Thomas C. Atkeson
National Grange
Attorneys of Riggs Bank to Testify in OCC Names Issue
Senate banking committee delayed action on a renewed OCC demand to publish names of bankers who criticized Williams. Williams said no oppression cited, objected to calling Riggs officials citing court records. Hogan, attorney for Riggs, to testify in final hearing session Monday.
MENTIONED IN THIS ARTICLE
Williams
Senator Weeks
Massachusetts
Senate Banking Committee
Riggs National Bank of Washington
Riggs Bank
Thomas BF. Ryan
William G. McAdoo
Frank J. Hogan
Riges National Bank
Defends Federal Control of Roads Debate On Ownership
John L. Scott of the Railway Employes' Division of the AFL defended government ownership amid claims of pro government and Wall Street propaganda. He cited a 305 440 to 1 459 vote in favor of government ownership and argued workers had a right to propaganda to back their policy against corporate interests.
MENTIONED IN THIS ARTICLE
House
Fess
Ohio
Dyer
Missouri
A. F. of L
Washington
Congress
John L. Scott
Mr. Scott
Wall Street
Scott
Stress of Business Forces Teens Into Work
A national trend drives thousands of youths into early industrial labor, risking vitality and energy as the pressing need for nourishment and tonic virtues grows.
Pershing Warns of Urgent Vehicle Shortages in War Efforts
Testimony from the highest authority reveals severe supply deficiencies for the American forces. Only 65 reconnaissance cars and 76 staff observation cars reached September and October, with plans to prospect for October and November. Autorial repair trucks were lacking, animal transport scarce, and artillery ammunition just arriving as the war ended.
MENTIONED IN THIS ARTICLE
Pershing
United States
France
Quraviatora
Garden City
Long Island
Tours
America
Smoot
Congressional Record
Gov Allen Responds To Traub On Argonne Reports
Gov Henry J. Allen returns from Washington where he defended the Thirty-fifth division before congressional committees. He cites official reports from Col Peck Capt Truman and Capt Huffman to counter Gen Traub. He notes casualty tallies exceed 7 000 when including War Department figures and cites multiple officers commended for bravery.
MENTIONED IN THIS ARTICLE
Jopeka
Kans
Beb
Traub
Argonne
Henry J. Allen
Washington
Col. Peck
Corpa
Thirty-fifth
Gov. Allen
Truman
Harry R. Huffman
Huffman
War Department
Cunard Steamer Troop Carrying Totals Read Across War Fleet
Cunard Line steamers carried 446 819 U S troops to Europe as reported from New York by George W Moss official of the company at 617 Fourteenth Street Northwest The Aquitania carried 47 567 Meuretania 38 277 Carmania 28 196 Ceronia 21 902 Orduna 18 448 Saxonia 12 319 Pannonia 4 673 and other ships 285 198 Gen S T Ansell acting judge advocate general of the army does not plan retirement from service based on reliable authority seasonal talks deny such a move by the general
MENTIONED IN THIS ARTICLE
Cunard Steamera
Europe
Cunard Line Steamera
United States
Eurobe
New York
George W. Moss
Atreat
Aquitania
Meuretania
Carmania
Ceronia
Orduna
Saxonia
Pannonia
Bankers Approve Short-Term Notes Plan
Treasury announces another $500 million issue of Treasury certificates while bankers debate the next loan. Opinions split between tax-free, low-rate notes for the wealthy and higher-rate taxable notes to attract broad investment. Columbia Graphophone stock jumps on dividend hopes. Farmers and Mechanics National Bank calls a special meeting to widen the board to fifteen, retaining William King. John A. Schaefer joins the Seventh Street Savings Bank board.
MENTIONED IN THIS ARTICLE
House
Ways and Means Committee
Nant
Treasury
Columbia Graphophone Company Common Stock
New York
Farmers and Mechanics National Bank of
Georgetown
William King
Harry V. Haynes
King
John A. Schaefer
Seventh Street Savings Bank
Debate on Wheat Bill Delays House Vote at Session Late
The House worked late seeking a vote on a bill to guarantee a government floor price of 2.26 a bushel for the 1919 wheat crop. Amendments on cotton embargoes and futures were rejected. After changes extending the guarantee and granting import power, the House adjourned without final action, leaving the measure as unfinished business.
MENTIONED IN THIS ARTICLE
Ita
New York Cotton Exchange
Hamlin
Missouri
House
Income Tax Facts You Should Know No. 3
The tax returns are examined as soon as filed and may be adjusted. If the amount due differs, installments are precomputed and any overpayment is credited to future installments. Penalties apply for negligence or fraud, with fines, interest, or imprisonment. Collectors may require notices and the commissioner can issue original rulings on understatement. Extensions to file may be granted in certain cases with a deadline-driven payment plan. Do not evade taxes or praise soldiers while neglecting tax payments.
MENTIONED IN THIS ARTICLE
Bureau of Internal Revenue
Commissioner of Internal Revenue
Reserve Bank Statement Appears Mixed In Week
The weekly Federal Reserve statement shows deposits up while discount operations dip slightly and notes in circulation fall. Total resources reach 3.5 billion with gold reserves near 2.13 billion and total liabilities around 65.1 billion, with reserves ratio 52.2 percent and gold reserves ratio 64.3 percent.
MENTIONED IN THIS ARTICLE
Federal Reserve
Iso
Federal Reserve Bank
Ganitar
Sieygan
Americans Killed and Wounded In Fighting on the French Front
A casualty list from the American Expeditionary Forces reports Killed in action Died from wounds Died of disease and other causes. The roster names officers and soldiers including Ballard Cambridge Beelan Diorio Cook Speicher Hilmer E, with many privates and corporals listed from diverse towns. The record covers actions on the French front, detailing counts by status and assigning each death or injury to specific individuals.
MENTIONED IN THIS ARTICLE
Asneral
Sncident
Statesville
Nu C Taylor
Alfred T
Zulch
Xenny
Joseph A
Brooklyn
Kopek
Joseph S
Jerome
Mayo
Eerl A
Nantucket
Mass
Bates
Thomas B
Smith Bynum H
Lamasca
Tex
Erate A
Caroase A
Morton
Waab
Browning
Silo
New York Bank Statement Shows Clearing-House Excess Decline
New York on February 21 reports the actual condition of clearing house banks and trust companies for the week with excess reserves of 314,821.91 dollars, down 24,593,670 from the prior week. The report lists loans, deposits, and reserve balances across member banks, Federal Reserve vaults, and state banks, with deposits and liabilities detailing net demand and time deposits, circulation, and aggregate reserve movements.
MENTIONED IN THIS ARTICLE
New York
Foi
Eral
Federal Reserve Bank
Jf Py
U. S
Greater
New Ypres
Banke
New York Produce Market Summary February Prices
New York on February 21 reports firmer butter with higher receipts of 7,139 pounds and varied milk product quotes. Eggs show irregular receipts and mixed fresh gathered prices. Western and Pennsylvania hennery whites range around 3 to 6 dollars, brown eggs 4 to 5 cents per dozen. Cheeses listed with ready-made flats and aging notes. poultry steady with dressed meat firm. Coffee spot prices remain steady with Santos and Rio varieties noted. cottonseed oil crude and yellow prices cited. market miscellany includes West Coast cottonseed oil figures.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Hennery
Fitate
Penneylvania
Towin
LA Rong
West
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Taylor
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D. C
Ansell
Army Spirit
ON Minimum Wage Board
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Adda
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Ruasata
ET. Lowry Humes
Yonkere
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van Dyke and
Rankin
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J. S. Williams
Secott & Bowns
Biomed
N. J
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Ernie
Agra
Qnee
Reserve Bank Statement
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Steve R. Buckeye
la. Polame
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Eae
Henry A
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Stucker
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Gatea
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Biaggio
Nes
A. G
Buffalo
Charles H
Schubert
Martin
Mound
Minn Smith
Joe W
St. Lows
White
James H
Sandusky
Obin
Local Produce Market
Tub
York State
New
Carter