Unemployment Insurance Debate Shapes New Deal Policy
The report by the President's Committee on Economic Security, led by Edwin E. Witte, analyzes unemployment insurance and public works as remedies. It argues insurance cannot solve deep unemployment, supports public works as the main relief in normal or prolonged downturns, and warns high benefits can hinder reemployment. The article notes two core principles: cap benefits and shift to public works with lower wages to stimulate private hiring, cautioning price and wage adjustments in monopoly sectors for recovery.
MENTIONED IN THIS ARTICLE
Edwin E. Witte
Witte
Congress
Great Britain
Willford I. King
Professor King
England
Co Athenies
Iit
New York Tribune Inc
Glass Questions Eccles Record In Fed Nomination
Senator Carter Glass of Virginia said he is still studying Marriner Eccles of Utah for the Federal Reserve Board governor seat and has not decided whether to oppose him. The Senate banking committee postponed action and plans to reconvene as Glass weighs Eccles background in banking and career.
MENTIONED IN THIS ARTICLE
Washington
Carter Glass
D-Va
Marriner
Eccles
Utah
Federal Reserve Board
Virginian
Senate Banking Committee
Glass
Soviet Kharkov claims Europe’s largest office building
Report says a Soviet administrative complex in Kharkov is rated as Europe’s largest office building. No further details on size or construction date are provided.
MENTIONED IN THIS ARTICLE
Europe
Kharkov
Price of Apples Shows Decline In Foreign Market
Apple prices overseas eased as abundant supplies and heavier imports weighed on markets. British auctions January 16 saw mostly lower prices with some well colored varieties firm. London and Liverpool quotations list U S and Nova Scotia varieties with barrel and box prices. imports total 321000 bushels as shipments increased.
MENTIONED IN THIS ARTICLE
Fred A. Motz
Europe
Foreign Service
Department of Agriculture
London
U. S
Virginia
Twigs
Bens
Staymans
Nova Scotia
Oregon
Spitzenburgs
Newtowns
Liverpool
West Virginia
Yorks
Apple
Grain arrivals and projections show large weekly totals
The report notes 214,000 bushels and 346,000 bushels delivered last week and by this time in 1934, with even larger quantities expected next week at 413,000 bushels as arrivals increase. The figures reference U. S. totals and imply continued rising grain inflow.
Big Loans Made To Home Owners In This State
As of January 3, Home Owners' Loan Corporation reports 9 127 loans in Virginia totaling 29 472 482 dollars. About 500 more loans will be made from funds on hand, but 1 500 to 2 000 applications await Congress funding. Average Virginia loan 3229 dollars. national average 3000. Congress considers 21 bills proposing 1 to 4 billion dollars more for the agency.
MENTIONED IN THIS ARTICLE
Home Owners’ Loan Corporation
Virginia
Corporation
Congress
New Deal
Low Rent Housing A Priority for PWA Expansion
Secretary Ickes, public works administrator, declared low rent housing his personal major interest within the PWA program and predicted substantial expansion of federal construction under the initiative.
MENTIONED IN THIS ARTICLE
Washington
Ickes
Public Works
PWA
Hauptmann Talks With Counsel In New Jersey Corner
In Flemington New Jersey Bruno Hauptmann speaks with his attorney Egbert Rosencrans as the defense team prepares its next step in the case. The defense side moves to press its position during the talks.
MENTIONED IN THIS ARTICLE
Flemington
N. J
Egbert Rosencrans
Roosevelt Jr. sued in $35,000 car accident cases
Franklin D. Roosevelt Jr., son of the President, is named defendant in two East Boston District Court suits totaling 35000 for an March accident in which Mrs. Mary M. O Leary of East Boston was struck by the Roosevelts car. The other suit seeks 10000 for loss of services by her husband Daniel T. O Leary. Attorney Arthur E. Digan filed the actions.
MENTIONED IN THIS ARTICLE
Boston
Franklin D. Roosevel, Jr
East Boston
Mary M. O'Leary
Young Roosevelt
Jamaica Plain
Arthur E. Digan
Average Life of a Ship and Its Tonnage Losses
William Bigelow from Rathdrum Idaho writes that the average life of a ship is shorter than other large structures and that the amount of tonnage sunk or removed over 25 years equals the total tonnage on the seas in a single year.
MENTIONED IN THIS ARTICLE
William Bigelow
Rathdrum
Idaho
Oldest White Man in U.S. Lives in Glendora
John F. Koenig of Glendora Michigan is believed to be the oldest white man in the United States at 107 years. Born in Poland on November 25 1827 he immigrated to the U S in 1899 and is pictured with his 19 month old great great granddaughter Gloria.
MENTIONED IN THIS ARTICLE
John F. Koenig
Glendora
Mich
United States
Poland
Koenig
Gloria
Russians Put On Committees
In Geneva on January 21 the League of Nations council appointed Soviet representatives as full members of the financial and economic committees, despite opposition from members who argued the Soviet system should not be represented.
MENTIONED IN THIS ARTICLE
Igeneva
League of Nations’ Council
League
Also Mentioned on This Page
By Walter Lippman
Eccles’ Record
London Market
Ternel Wary
First Gang
Winston-Salem
North Carolina
Ray Stevens
Raymond F. Stevens
Frazier Forman Peters
Jack Shea
George Webber
Vec
R. J. Reynolds Telescop Company
Winston-Salem, N. C
Marguerite Osman
Big Sister
Beth
Les Forgrave
LC. Graves
Vou
Louis
Hauptmann
Bruno Hauptmann
Bickers Motor Co
Winchester, Va
Cammertire CO
Braddock & Boscawen Sts
Winchester
Shell Station
Martinsburg Pike
Amherst & Boscawen Sts
Valley Ave
Braddock St
Republic Oil CO
Twin Tore Old & ‘Aan Corp
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