Battle Over Treasury Plan To Use Bank Deposits For Certificates
The administration seeks to appeal to individuals withdrawing deposits to fund new certificates of indebtedness. Details show banks may subscribe and hold the purchase price as a deposit with federal securities as security. Regulators anticipate increased currency in circulation and an effort to stabilize markets, with Congress under pressure to act on broader fiscal measures.
MENTIONED IN THIS ARTICLE
Weil Ha
Secretary of the Treasury
Federslonne
Municipal Bratz
Vince Wetty
New York
New Jersey
Treasury Department
Faeana
Husing
Cortelyou
Fwe
Congress
Washington
York
Ths
Sarsaparilla Promoted as Cure for Blood Ailments
An advertisement touts Sarsaparilla as a radical cure for catarrh and blood diseases, claiming 40,366 testimonials in two years. It promotes Sarentabs and talatore tablets for immediate treatment and enriching the blood, listing a 100-dose package for 6 1.
Relief measures debated as banks face emergency funds
Diverse opinions divide lawmakers on relief legislation with debates likely to continue in the Senate. Advocates favor asset or bond based banks credit, with Treasury approval required for securities. President Roosevelt receives praise from Bartoldt and Borah, while discussions focus on immediate actions and potential currency adjustments.
MENTIONED IN THIS ARTICLE
Bank of Credit
Secretary of the Treasury
Banka
Republican Party
Howser
Ue Democrats
BenJamin the Whesler
University of California
White House
California
Wantem
Banks to Take All as Currency Premium Declines
Treasury plans to issue 150 million in short term notes and Panama bonds to ease a credit squeeze. Interior bankers anticipate currency relief as circulation rises and demand for gold declines. Prominent bankers including Vanderlip Morton and Mitchell praise moves to restore confidence and ease funding for trade and liquidity.
MENTIONED IN THIS ARTICLE
Frank A Vanderlip
City Bank
New York
John J Mitchell
Timon Trust and Savings Hank
Hepburn
Chase National
Savings
Treasury
Paul Morton
Wauttable Life Assurance Society
Goward Simmons
Fourth National Bank
Trial for Chancellor Sweeping Charges Made
Board of Education administrator charged with incompetency insubordination falsification slumber and wastefulness cited to appear for hearing next Saturday in a high profile case affecting the district.
MENTIONED IN THIS ARTICLE
Board of Haucation
Asraigus
Board Charges Incompetence Against School Superintendent
A report lists charges of incompetence and inefficiency against the district superintendent, accusing him of temperamental unfitness, evasiveness, and loss of mental poise. It cites alleged disobedience to the board, advising a staff member to defy the board, and accusations of subverting board control and harming the district’s education system. The document also claims he slandered the board and district officials to the press.
MENTIONED IN THIS ARTICLE
Bruce
District Educational Ayatern
Qystor
Charges against Superintendent Chancellor spark school board rift
Secretary Hines served formal charges of duplicity insubordination and unfitness on Superintendent Ghanesllor Chancellor after a Board of Education lecture at Businana High School. Assistant District Attorney Stuart Mc Namara will represent the board. Creed M Fulton for the superintendent. storm of controversy rattles schools as pupils follow the case with keen interest.
MENTIONED IN THIS ARTICLE
William
Hines
Board of Education
Businana High School
Franklin Sehonl
Stuart McNamara
Creed M Fulton
Oyster
Ross School
Aincussiin
Tontey
Sind
Superintendent Chancellor Faces Board Inquiry Over Misconduct
The city’s superintendent is accused of defying board orders, engaging in private business while claiming official duties, and failing to appear before committees. Allegations include aiding subordinates to disobey, opposing measures, aiding a controversial bill, and publishing libelous material about the District’s education system.
MENTIONED IN THIS ARTICLE
Board of Education
Afr. Cox
Brace
Brice
Stockholders Files Suit Against Interstate Printing and Engraving
Stakeholders allege mismanagement at Interstate Printing and Engraving Company asserting trustees are nonresidents, stock issued without compensation, and property held without title. They seek cancellation of illegal stock, evidence of improper indebtedness, and a court supervised new board of trustees.
MENTIONED IN THIS ARTICLE
Interstate Printing and Engraving Company
van Wien
Spencer A Lewis
Newton W. Borden Carey
Frye
J Worth Carnthan
Agsingt
Wg, Plucket
Miss MH Asity
John P Mahoney
Tressurer
Mise Louise M House
Thomas C Smith
Alexandria
Alexandria National Hunt
Leo P Hare Ilaw
Homra of Trustees
Relaxed Strain on Europe Through US Treasury Action
The United States Treasury's plan to issue Panama bonds totaling 60 million dollars as a basis for new currency circulation eases the European exchange strain. Paris and London views credit the move as reducing pressure, with French and German rate expectations influenced by the US intervention and Cortelyou's policy. French bankers foresee moral and material confidence improved, despite uncertain direct effects.
MENTIONED IN THIS ARTICLE
Witham A Nash
Corn Exchange Bank
Cortelyou
Bagis
England
France
Germany
Henry Clews
Panama
United States
Europe
Tondon
Berlin
Bank of France
Court Rules Against Walsh in Bank Misuse Trial
Judge Anderson ruled bank ledgers and related enterprises admissible evidence in the Walsh case. National Bank Examiner Moxey testified about ten irregularities alleged to show misapplication of Chicago National Bank funds linked to the former president. A separate Paris note reports Dr Vaillant announcing progress on an absolute death test via X-ray photographs, distinguishing living and deceased intestinal images.
MENTIONED IN THIS ARTICLE
Chicago
Anderson
John R Welsh
Chicago National Bank
Walsh
National Bank
EP Moxey
Chicago National Biy
Epetiél Cabre
Wasturton
Paris
Naper
Academy of Sciences
Vaillant
la Ribotsiere Hospital
Weather chaos sweeps Across Western and Northern States
A chaotic weather bulletin from the Weather Bureau in Washington notes a cyclone near the Southern coast with rain and cold air sweeping the Atlantic coast southward. It reports a markedly colder trend in the Rocky Mountain and Dakota regions, with scattered rain and higher winds in the Northwest and near the Upper Midwest.
MENTIONED IN THIS ARTICLE
CB Dept of Aericulturs
Washington
Vhelma
Exex
Allanto Stalan
Nat
Colorado
Lavin Laban
Ariel
Tal
Penny buys Chicagland realty deal shocks Chicago
In a landmark real estate revelation the penny agency claims a historic win for a riverfront site near Thirty-First Street. The settlement ties to a Pennsylvania Railroad discussion and marks a major property transfer amid the city’s real estate boom. In Lawrence Massachusetts on November 12 a divorce case cites persistent intrusion into personal affairs as the court grounds.
MENTIONED IN THIS ARTICLE
Chicago
Pennsylvania Railroad
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