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February 5, 1931

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from February 5, 1931

YOUNG FAVORS CASH BONUS FOR NEEDY VETERANS ONLY; URGES FEDERAL BANK CURB; TWO COMMITTEES HEAR HIM $500,000,000 for Loans on Service Certificates Urged by Financier. HUGE BOND ISSUE OPPOSED Not More Than 30 Per Cent of the Veterans Are in Want, He Estimates. IDEAS ON BANKING GIVEN Forcing of State Institutions Into the Reserve System Is Advocated. Bonus Advocates Encouraged. Against $3,400,000 Issue. YOUNG FOR A BONUS FOR THE NEEDY ONLY Figures 30 Per Cent in Need. As to Veterans' "Human Nature." Roberts Sees Inflation Peril. "Another Abnormal Factor." Joe Angelo Pleads for Veterans. Hines Maps Hospital Program.

By Special to The New York Times

Lr on ed on his warning against bonus

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CITY INQUIRY HINGES ON WARD SWITCHING; Senate Republicans Wait in Hope Westchester Boss Will Give Necessary Votes. DEMOCRATS PUT ON GUARD Downing Orders Constant Minority Attendance--Fund forInquiry Put in Budget. Fund is Assured. CITY INQUIRY HINGES ON WARD SWITCHING Macy Forced Assembly Action. Macy Discusses Inquiry Plans.

By W.a. Warn. Special To the New York Times

State Sen decision on inquiry depends on W L Ward; appropriation inserted in Gov Roosevelt's exec budget

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FRANCE-ITALY RACE BRINGS BRITISH HINT OF BIGGER NAVY PLAN; Reconsideration of Position May Be Forced on London, Parliament Is Told.TONNAGE DISPARITY SEENFirst Lord of Admiralty SaysContinentals Build Twiceas Much as Empire.1930 TREATY UNAFFECTEDAlexander Thinks Any IncreaseNeeded in Program Could Be Within Quota Limits. Escalator Clause Not Involved. BRITISH HINT PLAN FOR A BIGGER NAVY Washington Still Hopeful.

By Special Cable to THE NEW YORK TIMES

Parliament told country may have to reconsider naval construction program if France and Italy continue increasing theirs

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HOOVER WILL CALL A SPECIAL SESSION IF OTHER AID FAILS; But He Is Confident Measures Taken or in Hand Will Meet All Needs. CONFERS AGAIN ON IMPASSE Discusses With Watson and McNary Proposals for Compromise on $25,000,000 Bill. ORDERS ARKANSAS SURVEY Settlement May Hinge on Fund toBe Lent Red Cross at President's Discretion. To Survey Arkansas Situation. HOOVER'S STAND ON EXTRA SESSION Holds Breakfast Conference. Three Compromise Proposals. See Hope for Settlement. Leaders of Both Parties Anxious.

By Richard V. Oulahan. Special To the New York Times

Hoover will call special session of Cong if other aid fails; will make survey of Ark; 3 compromises proposed at breakfast conf

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Notable Deaths

Athanasios Eftaxias

1931Athanasios Eftaxias, Greek politician, 118th Prime Minister of Greece (born 1849)[†]

Athanasios Eftaxias was a Greek politician. He was born in Amfikleia, Phthiotis, and was briefly Prime Minister of Greece from July to August 1926. He died in Athens.