France Outplayed at London Monetary Conference
Frank Parker Stockbridge reports from London on the World Monetary and Economic Congress. The United States delegates, led by Cordell Hull and James M. Cox, hold leverage with strong gold reserves and Roosevelt powers, aiming to raise commodity prices, reduce trade barriers, and harmonize currencies. France is portrayed as a frequent disruptor while Japan seeks a cheap yen.
MENTIONED IN THIS ARTICLE
Frank Parker Stockbridge
World Monetary and Economic Congress
London
Globe
League of Nations
Abyssinia
South Africa
Albania
Argentina
Australia
Austria
Belgium
Bolivia
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Canada
Chile
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League
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Brazil
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Ecuador
Egypt
Hedjaz
Iceland
United States of America
Union of Socialist Soviet Republics
Russia
U. S
America
Cordell Hull
James M. Cox
Key Pittman
Couzens
McReynolds
James M. Warburg
O. M. W. Sprague
Rene Leon
Europe
Monetary Commission
Roosevelt
United States
The Week in Washington and New Deal Actions
President Roosevelt pressed Congress to adjourn before another European war debt payment date. The extra session yields new programs under the New Deal, including wheat relief, cotton destruction, and public works spending. Federal Home Loans enables refinancing up to 80 percent, with 3 year grace and 5 percent installments. Industry codes, rail reorganizations, and broad budget cuts follow, with Republicans backing Veterans Relief.
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Washington
Roosevelt
Congress
Europe
London
England
France
Italy
Czechoslovakia
Greece
Finland
New Deal
Secretary of Agriculture
Federal Home Loans
Federal Home Loan Bank Board
William E. Stevenson
Joseph B. Eastman
Interstate Commerce Commission
United States
Glass- Steagall Bank
Veterans’ Relief
Welfare work in N C decreases across months
Raleigh reports a 23 percent drop in families aided from 138 000 in April to 111 778 in May under the Governor's Office of Relief from Federal funds. May spending $1 043 666 is down about $50 000 from April and 23 percent from March. Data covers 15 counties with varying relief levels and statewide aid reaching 563 444 individuals in May.
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Raleigh
North Carolina
Governor's Office
Avery
Alleghany
Camden
Dare
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Davie
Haywood
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Perquimans
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Watauga County
Cleveland
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Harnett
Hyde
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Northampton
Pasquotank
Rockingham
Rutherford
Surry
Union
Warren
Wilkes
Hoover to Preserve History That Never Has Been Recorded
Stanford University announces former President Herbert Hoover will oversee a new archival project at the Stanford library. He will guide classification, edit select material for publication, and keep much of the history secret for years to come as governments and leaders change. Charles E. Ray Jr. resigns from state roles to join his brother in a Waynesville mercantile firm, praised as valuable in watershed surveys and engineering.
MENTIONED IN THIS ARTICLE
Stanford University
Calif
Herbert Hoover
Stanford Library
Hoover
Hoover War Library
Charles E. Ray Jr
Division of Water Resources and Engineering
Department of Conservation and Development
Thorndike Saville
New York University
J. Wilford Ray
C. E. Ray
Waynesville
J. W. Harrelson
Ray
Harrelson
Also Mentioned on This Page
U.S
Walter Johnson
Cleveland Indians
N. C
Governor’s Office of Relief
Joe, Camels
Legion Band
BOXI
Watauga Post
American Legion
Boone