Wilson asks banks to join federal reserve system
President Wilson appeals to eligible nonmember banks and trust companies to join the federal reserve system to consolidate the nation’s gold reserves and aid in wartime financing. Officials say widespread compliance could mobilize over three billion dollars under the Federal Reserve Board, strengthening financial stability and war efforts.
MENTIONED IN THIS ARTICLE
Washington,d. C
Wilson
Federal Reserve System
Federal Reserve Board
America
New York
Honest Ben's Pity for Taxpayers Lands Him in Prison
Plymouth Massachusetts October 16 Benjamin C Reed aged 68 a former tax collector and treasurer of Washingh and famed as honest Ben began a two year term in the state correctional facility after pleading guilty to the larceny of town funds totaling twenty five thousand dollars.
MENTIONED IN THIS ARTICLE
Plymouth
Mass
Benjamin C. Reed
Wathingh
Ben
Plea Confession Amid Tax Detention Case Notes
In pleading to the charge Reed said I pray I have done wrong and am willing to take my punishment. He claimed not a cent of the 25 900 in detention was diverted for personal use. The old man said his manipulation left Whitman dull and many friends unable to pay taxes. He noted pressuring tax delinquents.
MENTIONED IN THIS ARTICLE
Whitman
Controversial Aid Whispered by Local Official
A local official recalls efforts to help hundreds lose homes and small bank accounts vanish. The speaker says they collected money and applied it to accounts unable to pay year after year, and that part of their salary was also diverted.
District Attorney Hears Reed Did Not Misuse Funds
District Attorney Katzman admitted there was no evidence Reed used the money differently than stated. He had been in office since 1903.
MENTIONED IN THIS ARTICLE
Katzman
Reed
Also Mentioned on This Page
East Fourth Street
Scharfenberg
Fayette Street
Hamburg
Faney Steer
Armani
Scharfenberg’s
McDougall
Bridge Street
Waterloos Center
Bond
Underwood
Margaret B. Owen
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