President Signs Banking Bill Expands Fed Powers
President signs banking legislation granting broader authority to the Federal Reserve Board. Senator Glass and other notable figures invited to White House ceremony to witness the event.
23 Aug 1935
Page 1
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Aug 23, 1935
Page
1
President signs banking legislation granting broader authority to the Federal Reserve Board. Senator Glass and other notable figures invited to White House ceremony to witness the event.
Washington Aug 23 The stroke of noon signaled the enactment of the banking bill into law with President Roosevelt on hand for the signing Also present were Secretary Morgenthau Chairman Eccles Leo Crowley and J F T O Connor The measure strengthens Federal Reserve control over national credit creating a seven member Reserve Board plus five regional bank representatives The act orders the Open market operations by the reserve banks to curb credit fluctuations and allows the board to raise reserve requirements from 7 10 and 13 percent as needed
A Star office display celebrated Will Rogers and Wiley Post with diverse floral offerings. Admirers from all standings laid costly bouquets and simple garden blooms, reflecting a national tribute to the two American figures and Winchester joining in the final recognition of their achievements.
Reports to Judge Robert F. Duer, chairman of the State Conservation Commission, foresee good saltwater angling across Maryland this weekend. Freshwater can be favorable if inland streams clear. Allegany County and the eastern shore report strong bass activity, Solomon's Island hosts plentiful rock, trout, and bluefish, and upper bay fishing is notably productive.
Senator Tydings of Maryland angrily denied ever attending a cocktail party hosted by Bernard B. Robinson lobbyist. Robinson testified he dined with Tydings at the F Street Club, but could not recall the date, and challenged the senator’s denial. Earlier, Howard C. Hopson was questioned on wash sales linked to the Associated Gas and Electric firm.
Promptly at 8 30 tonight Winchester and Frederick county residents will hear a fine program at Handley High School by the 111th Field Artillery band. The 28 piece unit is rated among the best Virginia National Guard bands and members are encamped at Elizabeth Furnace this week.
Capitol bustle reinforces belief that the Seventy fourth Congress will last at most one more day. Some legislators show tickets as they prepare to depart.
Mrs John Hay Whitney entries dominate final classes at Berryville show as Royal Wonder and Lady entries excel. Dr L M Allen leads with a dozen wins across green hunters and pony divisions while crowd size swells to about 5000 with improved weather.
Officers and members of the lilth Field Artillery will host a dance tomorrow night at the Jordan Springs Hotel on the Petree pike north of the city. About 200 members will attend and be chaperoned by Winchester ladies. Music is expected to be provided by unit members noted for their dancing and musical ability.
AT BENDER'S TOMORROW offers string and cotton lace dresses up to 5.95 and 3.95 striped tub silks. Eyelets on sale 1.59 with sizes 14 to 44. New eyelets 1.00, cotton prints 0.69, children's dresses 0.39. Swagger coats in dark corduroy and light colors on sale 1.59. Sale notice dated 8 23 1p 1t.
Charles Edward Pope, 58, died at his home in Middletown Virginia after several months of illness. A Fillmore and Ohio Railroad foreman for 38 years, he was active in Grace Methodist Church and local fraternal groups including I O O F Marsh Run Lodge and Modern Woodmen. Pope became ill in June, underwent surgery deemed unrelated to cancer, and suffered chronic pain until his death.
The State Highway Department allocates 500 per mile to Winchester for Millwood Road entrance work, totaling 3,525 with 2,500 needed to cover this week’s grading. City plans to use funds for road upkeep plus an estimated 14,000 total across maintenance and construction. Federal aid sought for Berryville avenue project with plans sent to Richmond.
Group silk dresses sold up to 5.95, on sale at 2.00, sizes up to 50. Group silk dresses up to 10.00, sale 3.00. Angora 2piece dresses 10.00, sale 3.00, sizes 14-16. For sale peaches at orchard, J. L. Reed, Welltown, 8-23-1p-21.
Mrs Jeter C Pritchard widow of a North Carolina senator and Washington hostess from the turn of the century died in poverty. Her four story home at 1327 M Street foreclosed as furniture was sold. Police found her dead from heart failure after two days. Neighbors recalled her faded life and water plant concern. Continued on page seven.
David C. Boles prominent tree specialist and Balti more County family member died in Martinsburg W V after being struck near Bunker Hill. He never regained consciousness and died at 6 PM. He was married to Elizabeth Lee Boles and survived by his wife a daughter and many relatives in Clarke Warren Baltimore and nearby areas.
Culpeper team, current Shenandoah Valley League leaders, will visit Culpeper to face Winchester in a Valley League game. Fans anticipate a large crowd as both teams split their prior meetings, including Culpeper’s 6 to 0 win.
In Cumberland on August 23 a mother Mrs Cleo F McCoy seeks to adopt Harry Donald Martens her son by a former marriage. In equity court in Allegany County the petition names her husband George P McCoy and the boy's father Joseph H Martens as defendants. Martens and his wife have answered agreeing to the adoption.
Miss Mary E. Foster 78, of West Boscawen street, died this morning. A longtime First Baptist Church member known as Aunt Mary she moved to Winchester twenty years ago from Rappahannock county. She is survived by nieces and nephews. Funeral from Kurtz funeral home at 3 o clock Sunday, Rev. E. T. Clark officiating. Burial in Mount Hebron Cemetery.
John J. Raskob Jr aged 27 director of Con. Virginia Mines Co and son of John J. Raskob was fined 15 dollars in Reno police court on a speeding charge after pleading guilty following his arrest last night.
Lots for sale in front of Virginia Ave School. Two 35 by 150 foot parcels at cost to owner. Prime location, cash terms for quick sale. Contact Mr. Line at Winchester Hotel by calling 710. (8-22-1p-31)
The Evening Star notes a prompt ticketing option for pickers with efficient service and reasonable prices to avoid the rush.
First showing features sport coats on sale for 8.95, regular 12.50. Harris tweed style coats offered in mannish cuts, usually up to 25, now 15.00. Sale runs with details listed as 8-23-1p-11.
A notice announces free dancing tonight at the Blue Moon on Martinsburg Pike with an orchestra playing. Georgia Belle from Peaches is featured and Davis Grocery lists the place to place orders.
A newspaper notice promotes a factory to you sale offering savings on drug store merchandise and a chance to win an entry blank for a New Chevrolet car. The ad lists items such as Corsettes and Bandages priced 50c to 4.95 and mentions Moling and Cather in association with the event.
London quarters claim the Cabinet committee for Imperial Defense approved plans to speed up redistribution and reinforcement of military forces at vital points. The note warns that sanctions are echoed by natives and could signal broader conflict, with close watch for spies.
Athens grants passage to a British flying boats squadron en route to the Sudan with arrival expected tomorrow. The number of aircraft is not stated. London reports Britain reallocates forces amid East Africa tensions and possible conflict with Italy. The Suez Canal is a focus of defense plans as empire reinforcements move to danger points. Geneva talks set for September 4 to discuss sanctions under the League of Nations.
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