Roger Babson Warns Debt Risks From Easy Money
Babson argues excess borrowing risks a swift economy downturn as debt grows faster than output. He notes bank loans up 20 percent in a year and cites the December 3 rediscount rate hike from 4 to 4 1 2 percent as a response to inflation threats, urging cautious credit growth.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
U. S
Federal Reserve Board
William Jennings Bryan
Visitors Gather At McCartney Home During Holidays
In the McCartney home of Mrs. Beulah McCartney visitors included Curtis and Ariens McCartney with family from Odessa, Vernon McCartney and Lane, Carolyn, Linda Sue. Jim McCartney and family. David, Debbie and Gary from Green River Wyoming. Stansfield Pester and Virginia Parham with children from Hobbs New Mexico. Kermit Foster of Houston. R A Blackerby family from Dow Park Houston. Dale Eubank Sonny Grissom from Plainview and James Buxkemper from South America.
MENTIONED IN THIS ARTICLE
Mccartney
Beulah McCartney
Curtis McCartney
Ariens
Vernon McCartney
Lane
Carolyn
Linda Sue
Odessa
Jim McCartney
David
Debbie
Gary
Green River
Wyoming
Stansfield
Virginia Parham
Hobbs
New Mexico
Kermit Foster
Houston
R. A. Blackerby
Dow Park
Dale Eubank
Sonny Grissom
Plainview
James Buxkemper
South America
Lunch Menu Wenday January 10
The menu lists hotdogs or pimento cheese sandwich with French fries catsup apple sauce tossed green salad gingerbread and milk or chocolate milk for lunch on January 10.
Menu snippets from a school dining week
Readable meal plan entries list dates in January with meals such as Ravioli and Italian beans on Tuesday January 1 and Salmon croquettes on Friday January 14. It includes sides like mashed potatoes English peas corn muffins and desserts with milk.
Federal Reserve independence urged in warning against board packing
The speaker reviews U.S. banking history from Andrew Jackson to the Federal Reserve Act and warns that packing the Federal Reserve Board with easy money governors could erode the Act’s independence and hurt the dollar and U.S. prestige abroad. He calls for the public to defend money watchdogs and to ensure rate policy remains credible while facing Asia tensions.
MENTIONED IN THIS ARTICLE
U. S
Andrew Jackson
Asia
Fed
Supreme Court
Reserve Board
Michaelis Family Holiday Visit Across Texas
H. P. Michaelis of Brownwood and his son Leo of Fort Worth departed after visiting Mrs. Elo Michaelis and extended family in Winters Hatchel and nearby towns. Other holiday guests included Mr. and Mrs. Hayes Barker of Fort Worth and O C Adams with son Charles Hayes Adams of Seagraves, and W C Harkins of Dallas.
MENTIONED IN THIS ARTICLE
Michaelis
H. P. Michaelis
Brownwood
Leo
Fort Worth
Elo Michaelis
Paul Michaelis
Winters
C. T. Michaelis
Hatchel
Hayes Barker
O. C. Adams
Charles Hayes Adams
Seagraves
W. ¢. Harkins
Dallas
Mrs J E Ryan Returns From Holiday Visit
Mrs. J E Ryan came home Saturday after visiting her sons in Richardson and Dallas. She was accompanied by Herbert and son Kim who had spent the weekend in Winters.
MENTIONED IN THIS ARTICLE
J. E. Ryan
Herbert Ryan
Richardson
Harley Ryan
Dallas
Herbert
Kim
Weekend Visit Spent by Little Family in Austin
Mr and Mrs W E Little visited their son Mr and Mrs Bill Little in Austin over the weekend while Bill Little and his wife were in Dallas where he served as sports writer for the Austin American Statesman covering the Cotton Ball game.
MENTIONED IN THIS ARTICLE
Austin
W. E. Little
Bill Little
Dallas
Austin-American Statesman
Visit in Cuero Spares Weekend With Local Hosts
Mr. and Mrs. Charles Gates spent the weekend visiting the home of Mr. and Mrs. R. D. Turk and family in Cuero. The visit highlighted cordial hospitality and family gathering in the Cuero area.
MENTIONED IN THIS ARTICLE
Cuero
Charles Gates
R. D. Turk
Also Mentioned on This Page
Roger Babson
al Smith
Santa Claus
Winters Enterprise
Texas
Bie
Bedford Insurance Agency
FORD
Chevrolet
Plymouth
Elmer Shafer
Waddell Chevrolet Co
Jergens
S Ach
Rigimal
Chessimas
Countess
Assorted Plastics
Skein
Suva
Fiji