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June 5, 1929

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Headlines from June 5, 1929

RESERVE BOARD ATTACKED, SPECULATION ORGY DECRIED, IN STORMY SENATE DEBATE; HARM TO TRADE CHARGED Glass Proposes Tax on Sales of Stock Held Under 60 Days. SAYS RATE RISE JUST LOST Couzens Calls Federal Reserve 'Dumb' on What He Attacks as 'Gambling' Loans. KING PRESSES FOR INQUIRY Senate Bars House Clause to Exempt Treasury Bills from Capital Impost. Criticism Takes Wide Range. RESERVE BOARD HIT IN SENATE DEBATE Edge Defends Present Board. Recalls Statement by Coolidge. Watson Enters the Discussion.

By Special to The New York Times

Scores C E Mitchell, W C Durant and ex-Pres Coolidge as aiding and abetting speculation

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ACTORS' EQUITY GOES INTO TALKIE FIELD; ORDERS CLOSED SHOP; Makes First Decisive Invasion of Movies by Setting Up a Uniform Contract. 48-HOUR WEEK PROVIDED Declaration Effective Today-- Also Demands Pay During Rehearsals and Overtime. ABUSES CITED BY GILLMORE Head of Association Expects Little Opposition From Producers-- Studios Silent on Move. Present Contracts Stand. Terms on Overtime. ACTORS' EQUITY GOES INTO TALKIE FIELD Producers Refuse Comment. FILM COLONY IS SILENT. Equity Move an "Industry Matter," Says Paramount Chief.

By Unknown Author

Declares Equity shop for sound and talking motion picture industry; contract formed; 48-hr week provided

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CONNECTICUT BANS 3 LAW SCHOOLS HERE; Fordham, N.Y.U. and Brooklyn Graduates to Be Excluded After Next January. PART TIME STUDY IS CAUSE Deans, Condemning Ruling, See a Handicap to Students of Limited Means. Action Is Explained. CONNECTICUT BANS 3 LAW SCHOOLS HERE "Against Democratic Education." N.Y.U. Professor Assails Ban. Status at Fordham.

By Unknown Author

Graduates of Fordham Univ Law School, N Y Univ Law School, Brooklyn Law School and Law School of Temple Univ, Phila, barred from taking Conn bar exams after Jan 1; deans of schools condemn ruling as undemocratic to students of limited means

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