Fall Business Boom Likely Experts Say
Washington expects a 1929 style business surge this fall if strikes end by Labor Day. Retail buying may set records despite economic uncertainty. Employment remains high, farm prices are strong, and government revenue rose 40 plus percent in the first half of the fiscal year.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
Wins $100 Contest but Loses Regular Position
Louisville teen James Baker, 19, won a local $100 model car design contest but lost his regular job after spending three months building the model. He said he stayed up late and was sleepy at work, which led to his dismissal from the furniture store.
MENTIONED IN THIS ARTICLE
Louisville
James Baker
Texas relief rolls shrink as economy reeled
Texas relief rolls fall from 1,200,000 to 46,616 while federal aid tops $1,000,000 monthly in food and clothing. Government surplus purchases keep food prices steady, CCC enrollments total more than New York, and cash back to families reaches $450,000. Relief staff drops to 34 under Adam R. Johnson as relief programs stabilize state economy.
MENTIONED IN THIS ARTICLE
Austin
Texas
CCC
New York State
Texas Relief Administration
Works Progress
State Relief Administration
Board of Control
Relief
Adam R. Johnson
Arnold Seeks Democratic Nomination for Texas Governor
Virgil E. Arnold a 45 year old Houston attorney and legislator announced his bid for the Democratic nomination for Texas governor in next year’s primaries. He emphasizes prohibition as the paramount issue, opposes liquor traffic and beer sales, places labor concerns second, and defends the U.S. Supreme Court while criticizing changes to constitutional rights.
MENTIONED IN THIS ARTICLE
Houston
Virgil E. Arnold
Texas
Harris County
The
Baptist Church
Arnold
Supreme Court
Supreme Court of the
United States
Vegetables May Leave Diet Says UCLA Scientist
Los Angeles report cites Dr. Alva Davis of UCLA predicting vegetables could disappear from human diets as energy might be obtained directly from the sun. The item ends with an advertisement urging readers in Whitewright to save money.
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Alva Davis
University of California
Honest Uncle Sam Hunts Nephews to Pay Off His Debts
Washington report notes about 20 000 workers who turned 65 since January 1 are eligible for lump sum Social Security payments of 3 percent of earnings since 1937. As of June 20, 1941, 4 419 claims certified, 5 342 pending, 104 disallowed. many eligible have not filed. Estates of deceased workers may receive payments. one Texas official received 192.50 posthumously. A Pennsylvania executive claimed 270 for three 3 percent shares.
MENTIONED IN THIS ARTICLE
Washington
Sam
Social Security Board
Texas Oil Company
Pennsylvania
Roosevelt to Publish State Papers and Addresses Series
President Roosevelt signed a contract with a New York publisher to issue The State Papers and Addresses of Franklin D Roosevelt. The initial five volumes come in spring 1938, starting with The Seeds of the New Deal covering his New York governorship. Subsequent volumes will cover his first four years in office and annual updates thereafter.
MENTIONED IN THIS ARTICLE
Washington, D. C
Roosevelt
New York
Franklin D. Roosevelt
New Federal Farmers Home Corporation Aims to Help Tenants
Washington reports a new Farmers Home Corporation will provide low interest loans to tenant farmers to buy farms. The act authorizes up to 50 million dollars annually for loans and sub marginal land purchases. Loans carry 3 percent interest with 40 year terms secured by farm liens. The program targets farm tenants and laborers with ownership aid, rehabilitation loans, and debt adjustment support.
MENTIONED IN THIS ARTICLE
Washington
Farmers’ Home Corporation
Department of Agriculture
Congress
Roosevelt
Secretary of Agriculture
Ivory from Cow Milk Rivals Real Elephant Tusk Trade
In Bombay synthetic ivory from casein is challenging elephant tusks. Real ivory values have fallen 30 percent in seven to eight years, averaging 2 to 4 dollars per pound. Indian carvers, often self-taught, work from wood to coconut fretwork to ivory, earning nine cents to 75 cents daily.
MENTIONED IN THIS ARTICLE
Bombay
India
Madras
Travancore
Mysore
Amsterdam
School of
Trivandrum
Government loan plan for farms to aid tenant farmers
On advice from his special committee, the Government was urged to buy farms and resell to tenant farmers to guard against speculation. Although many Congress members opposed government land involvement, the bill passed by using ordinary banking methods to loan to individual tenants. The government corporation would loan the full value of the farm to be purchased, a departure from standard practices.
MENTIONED IN THIS ARTICLE
Congress
SINO COTTON CROP MAY SET RECORD
The Agriculture Department estimated China's 1937 cotton crop including Manchuria could reach about 4,000,000 bales of 500 pounds each. Shanghai reported plantings 10 to 15 percent above last year and yields plausibly above recent averages, aided by favorable weather. If realized, China would challenge India for second place behind the United States in world cotton production. Apple jelly gains lime juice to improve flavor.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
China
Manchuria
Shanghai
Bureau of Agricultural Economics
Department
India
United States
Also Mentioned on This Page
Morgenthau
Marriner S. Eccles
Federal Reserve Board
W. S. Myers
Farm Credit Administration
Nellie Tayloe Ross
Mint
Treasury
First National Bank
Member
Federal Deposit Insurance Corporation
Texas Relief
Whitewright
Fort Worth
Sun
Federal Farm Tenant Agency
Ft. Worth
Solomon
Pioneer Palace
Melody Lane
Sino
Thor
Oughly
Paign