Congress Gets Currency Bill with Rigid Bank Rules
The Owens Glass McAdoo banking and currency bill, backed by President Wilson, sets up an organization committee to divide the nation into districts with federal reserve banks. It requires 20 percent stock subscriptions from national banks, places a nine member federal reserve board, and imposes strict reserves, earnings division, and examination powers. The plan envisions large authority for the board to regulate discounts, issue notes, and supervise banks while limiting circulating notes issued by national banks.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
United States
Federal Reserve
Federal Reserve Bank
Reserve District
Federal Reserve Board
Banking Association
Secretary of Agriculture
Comptroller of the Currency
Senate
Federal Reserve Banks
Federal Board
Treasury
Reserve Banks
Division of Treasury
Federal Reserve Treasury
National Banking Association
National ‘Banking Association
Federal
Two Interurban Trains Collide Near Vallejo Killing Fourteen
In Vallejo California on June 21 two San Francisco Napa and Calistoga interurban trains collided one mile north of town. Fourteen people died and twenty were injured as crews began removing victims buried in wreckage. The inbound driver was William Laurer and the outbound motor James Hough.
MENTIONED IN THIS ARTICLE
Vallejo
Cal
San Francisco
Napa & Calistoga
Here
I. G. Hunt
George L. Holzworth
San Francis
S. E. Jonewski
Chris Koch
Miss Gail
J. F. Grabel
E. C. Judd
P. Herbert
Napa
O. McQuaide
San Diego
S. H. Dayton
William Laurer
B. &. Catton
James Hough
C. Richards
Wilsons party attends Baltimore wedding of McAdoo son
President Wilson and a high level delegation including Interior Secretary Lane Commerce Secretary Redfield and Dr Grayson left Washington by car for Baltimore to attend the wedding of Francis Huger McAdoo son of Treasury Secretary and Miss Ethel Preston McCormick. The ceremony occurred at Brookland Wood Green Spring Valley the country home of Captain Ether 500.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Interior
Lane
Commerce Redfield
Tumulty
Grayson
Baltimore
Francis Huger McAdoo
the Treasury
McAdoo
Ethel Preston McCormick
Isaac Emerson
Brookland
Wood
Green Spring Valley
Ether 500
Desperate Suffragist Incident Near Ascot Heath
A male suffragist was injured in an incident at Ascot Heath England on June 21 in the presence of King George and Queen Mary. Details were limited as police and royal guards secured the area and escorted onlookers away from the scene.
MENTIONED IN THIS ARTICLE
Ascot’Heath
England
George
Mary
Archdeacon Stuck Reaches Mount McKinley Summit
Archdeacon Hudson Stuck, Episcopal missionary from Fairbanks Alaska, reached the summit of Mount McKinley on June 7. He and his guides erected a six foot cross at the top and meteorological observations place the peak at about 20 500 feet. The party faced a three mile ice passage created by an earthquake last summer delaying the ascent. Stuck plans to return to Fairbanks in August and visit New York in October as Alaska's delegate to the general convention.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Hudson Stuck
Fairbanks
Alaska
Mount McKinley
Great Mountain
Stuck
Archdeacon Stuck
New York
Storms Leave North Central Ohio in Destructive Wake
A severe electrical storm near Copenhagen Ohio June 19 caused one death many stunned and multiple fires destroying buildings including two churches and a library along with livestock losses. The hot June day marked the season’s peak in the state.
MENTIONED IN THIS ARTICLE
Sandusky, O
Ohio
President Urges Currency Reform For Free Enterprise
President Wilson urges Congress to enact banking and currency reform to empower business and individual initiative. He argues for public control of banking, elastic credit, and removal of tariff shackles to foster rapid enterprise and restore confidence in the economy.
MENTIONED IN THIS ARTICLE
Eee
Congress
Passion for the Parlor in Home Health Call
In a Royal Sanitary Institute course, Prof H R Kenwood urges home improvements to curb tuberculosis. He warns against clutter and heavy curtains, favors sunlit rooms and washable fabrics, and argues the home shapes youth more than schools.
MENTIONED IN THIS ARTICLE
Royal Sanitary Institute
H.R. Kenwood
Bedfordshire
London Daily Telegraph
President tells cabinet he will favor Sunday appropriation measure
President indicates to his cabinet that he will back the Sunday civil appropriation proposal. No further details on vote timing or supporting allies are provided.
Tariff Amendments Broadly Discussed in Senate Caucus
Washington June 23 Wilson informed his cabinet he will sign the sundry civil appropriation bill carrying 116 million dollars. The Underwood tariff bill as amended by the senate finance committee was submitted to a senate Democrats caucus marking a key stage before final reporting. The bill expands the free list, trims the metal schedule, and adds a five cent banana duty while removing brandy fortification gains. Wheat and flour stay free with countervailing duty. cotton and wool see higher duties on manufactured products. The free list includes beet and sugar cane machinery and other items. cattle and other live animals for food are added. Opponents of Owen Glass currency measures argue defects remain and Republican support is needed. Senators Nelgon Bristow Weeks criticize the measure as rehash of the Vreeland bill with needed changes.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Senate Finance Committee
Senate Democrats
Senate
House
Senate” Finance ‘Committee
New Zealand
Senate Banking and Currency Committee
Vreeland
Congress
Nelgon
Bristow
Weeks
Obsolete Waterloo Battlefield Faces Reconstruction Debate
The piece notes concerns over the Waterloo terrain being rebuilt amid commemoration events at Gettysburg marked by monuments and markers. It references ongoing damage to La Hale Szinte and Hougomont sites and warns of erasure of cannon marks and battle scars.
MENTIONED IN THIS ARTICLE
Waterloo
Gettysburg
England
Hale’ Szinte
Hougomont
Two Kidnappers Found Guilty in Salem Court
In Salem Illinois on June 23 Frank Sullens reports two men were convicted of kidnapping. The verdict followed a detailed trial revealing staged abductions and threats to victims. Proceedings concluded with jurors delivering guilty verdicts on both counts.
MENTIONED IN THIS ARTICLE
Salem
Frank Sullens
Caer F Saba AR Sea Coast Defense Update
On the coast of Saba AR reports indicate a long defense line along the sea, with lines stretched and patrols reinforced as tensions rise near the shore. Further details remain unclear in the fragmentary report.
MENTIONED IN THIS ARTICLE
Caer
Leland
Also Mentioned on This Page
Owens- Glass-McAdoo Banking and Currency
Reserve Bank
Lee
Chambersburg Road
M’adoo
Interiors
Son
Belmont
Ascot
Scaled MT
M’kinley
Companion
Copenhagen
Christian
Zahle
Des Moines
Mason City
John Knowles
George W
Knowles
Philadelphia
Jat Fort
Dodge
Willie
Ritchie
Billy
Nolan
Wberry
Frank
Sullens and
Ernest
Dorothy
Holt
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!