House approves state land bank plan in Texas
In Austin Representative McAlister opposed a constitutional amendment to create a state land bank to lend money to tenants for farm purchases. Supporters argued it could be financed by the next Legislature with an adequate appropriation. The measure passed 105 to 24, with opponents warning of funding risks and social security costs.
MENTIONED IN THIS ARTICLE
Austin
McAlister
Fort Worth
Lehman
Giddings
Alsup
Carthage
House
Huddleston
Oglesby
Federal Land Bank of Houston Enters Its 25th Year
The Federal Land Bank of Houston marks twenty five years April 3 in strong condition with loans totaling 187.9 million outstanding March 15 and 96 000 loans since 1917. President Sterling C Evans cites long term fixed rate mortgages and low interest rates as hallmarks of the cooperative system.
MENTIONED IN THIS ARTICLE
Houston
Federal Land Bank of Houston
National Farm Loan Associations of Texas
Sterling C. Evans
Land Bank
National Farm Loan Associations
M. H. Gossett
S. A. Lindsey
Tyler
Evans
FCC Orders Review of Bell System Long Distance Rates
The Federal Communications Commission ordered an investigation into long distance telephone rates of the Bell System. The FCC directed AT&T and 21 associated companies to justify why rate reductions should not occur.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
Bell System
American Telephone and Telegraph Company
Associated Companies
Insulin Makers Face Sherman Antitrust Charge
Turing companies and seven officers were charged Monday with violating the Sherman Antitrust Act in the insulin sale. The firms cited are Eli Lily & Co of Indianapolis Sharp & Dohme Inc of Philadelphia and E R Squibb & Sons of New York.
Army Air Corps Hires 84 NYA Boys At Duncan Field
Eighty four NYA trainees from the Duncan Field Resident Center near San Antonio accepted Civil Service temporary mechanic learner positions with the Army Air Corps after a six month work experience program. Six youths found private industry jobs and two were called for Army service. A second group of one hundred youths was assigned to the center beginning March 2 to replace the graduates.
MENTIONED IN THIS ARTICLE
Army
Duncan Field Air Depot
Eighth Corps
NYA
Swine Raising Big Business in Texas
Texas ranks seventh in hog production with about 25 000 farmers in commercial swine. most other farmers raise hogs for home meat. A price spread of 25 to 75 cents exists between Texas hogs and corn belt hogs, due to quality differences and soft pork issues. With more grain fed hogs reaching market, the price gap should tighten.
MENTIONED IN THIS ARTICLE
College Station
Texas
E. M. Regenbrecht
Corn Belt
O Daniel Threatens Labor Racketeers With Prison Farm Jobs
Gov. W Lee O Daniel on a radio speech warned that 75000 acres of state prison farms would be used to discipline labor agitators who try to seize control in Texas He defended an anti strike bill saying it protects the right to work and to quit and accused Hitler and Communist ideas of guiding efforts to take charge of industries.
MENTIONED IN THIS ARTICLE
Austin
Texas
W. Lee O’daniel
Truck Registration Deadline Extended
The Legislature passed House Concurrent Resolution 83 extending commercial motor vehicle registration without penalty to April 15, 1941. Vehicles may operate on 1940 plates through that date as a new fee schedule is prepared and issued to tax assessors-collectors once available.
MENTIONED IN THIS ARTICLE
Austin
Record tax payments smash previous Northern District total
Dallas based internal revenue official W. A. Thomas announced that cash tax payments for January through March shattered all prior records in the Northern District of Texas. The final tally stood a few thousand dollars under 14 million, vastly exceeding the old record.
MENTIONED IN THIS ARTICLE
Dallas
W. A. Thomas
Internal Revenue
Texas
Thomas
Mistaken Identity on London Street Thunder
A loud clap of thunder startles a woman walking a London street as onlookers react. An urchin reassures her with a blunt quip about mistaken identity and mock warning, invoking a civic grace rather than alarm.
MENTIONED IN THIS ARTICLE
London
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State Land Bank
Bell Gasoline
Norris
Batiste
T. W. Ayres & Son Gossard
Pocketbook of Knowledge
The
Sun
George Burnham
Joe Johnson
L. C. Smith
Glenn Doss
Haile
Stafford Typewriter
J. W. Wilson
Whitewright
J. D. Davis
Leonard
H. A. James
Sherman
Sherman Soap Works
S. H. Montgomery Insurance Agency
L. P. Sears
Oran L. Sears
Homer H. Sears
Whitewright Hatchery
A. B. Harmonson
G. W. Ford
Star Credit Company
Grayson County State Bank
Auto Finance Company
F. W. Creager
Mgr
Travis, Sherman
Army Air Corps
O’daniel
Jansom
Duff
Reeves
Hedge Shears
Manning & Meador