Idle Workers And Idle Dollars Paradox Warns Babson
Babson argues eight million unemployed and a sixteen billion dollar cash hoard threaten the economy. He contrasts State Capitalism with Free Enterprise and warns private capital fears government actions, limiting job creation despite vast credit potential. He notes public uncertainty over the State Capitalism versus Free Enterprise clash.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Publishers Financial Bureau
Washington
Wall Street
Grief Hits Hard on Motives Behind Government Bonds Push
Grief Hints at a simple motive to frighten insurers into buying government bonds, blaming banks and critics for stifling private investment. The piece argues private capital is idle, calls for ending the slow-death of unemployment, and urges putting cash and jobs back to work amid broader debates on credit and public funds. It cites concerns about government control of credit and asks for a return to private enterprise. It also notes a funeral service for Shiloh Baptist Church attendees from Berryville with plans for internment.
Fifth District Sales Increase
Richmond Bank reports February 1940 department store sales in the fifth district rose 11 percent from February 1939. For January-February 1940 total sales ran about 3 percent higher than the same period last year, helped by an extra business day.
MENTIONED IN THIS ARTICLE
Richmond
Richmond Federal Reserve Bank Research Department
Virginia education gains hailed as jail reform faces setbacks
Virginia educators report progress on three points in the 1940 General Assembly. An increased teachers salary, a division of corrections, and tax measures to fund them were approved, while jail reform faces defeats and highway bills see mixed results. Senator Aubrey Weaver credited as Senate leader and Speaker Ash ton Covell blamed for House defeats.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
General Assembly
Division of Corrections
House of Delegates
Ashton Covell
Price
Leonard G. Muse
Roanoke
House
Muse
Weaver
Senate
Aubrey Weaver
Front Royal
Governor Price
Virginia Education Association
Department of Agriculture
Dinner and Dance Planned at Gainesboro High School
Plans are underway for a March 15 dinner and dance at the Gainesboro high school. Admission is fifty cents for one dinner and dancing with food prepared under the county home demonstration agent. Various committees work on entertainment to ensure a pleasant evening for patrons, teachers, and pupils.
Snoopings Among Seniors Uncovers Daily Affections
The excerpt reveals senior students gossiping about romantic entanglements. A mysterious admirer writes to a senior girl while another relationship shifts with a new Romeo and Juliet pairing.
MENTIONED IN THIS ARTICLE
Romeo
Juliet
Edie
Colored Woman Dies In Clarke County
Ahleathia Colston, elderly resident of Millwood Clarke county, died shortly before noon Saturday at her home after an illness. She was a daughter of the late Jacob Colston. Surviving are three daughters Beatries Coates of Annapolis Mary Jane Anderson of Chicago Eva Coates of Annapolis and three sons Handson Colston of Pimlico Md William Colston.
MENTIONED IN THIS ARTICLE
Ahleathia Colston
Millwood
Clarke County
Jacob Colston
Beatries Coates
Annapolis
Mary Jane Anderson
Chicago
Eva Coates
Handson Colston
Pimlico
William Colston
Also Mentioned on This Page
Babson
Harvey Colston
Miami, Fla
Mary Susan Moss
Irene Reid
Berryville
Shiloh Baptist Church
Wood
Nick Frederick
San Francisco
GAS Jhe Co
Loudoun St
Victor
Winchester Star Information Bureau
Washington, D. C
England
Gainesboro School News
Gainesboro Consolidated School
Elwood Rogers
Sidney Secrist
Nat Smith
Glenn Wisecarver
Robert Hughes
Robert Philpott
Marguerite Imogene
Wisecarver
Wayne Harold Wisecarver
Girls’ Athletic Association
Hobby
Sidney Smith Secrist
Odessa Secrist
Boys’ Athletic Association
Er Sumpin
Shepards College
Nelson Beard
Nat” Smith
Lacey Brumback
Keller
Ray
Donnie Anderson
Papa
Shenandoah Valley National Bank
Member
Federal Deposit Insurance Corporation
Firestone
Firestone Auto Supply & Service
Winchester, VA
N. Braddock St
Ebert
Mopel
Philco
Winchester
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