On this day

August 1, 1931

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

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Headlines from August 1, 1931

PARIS AND NEW YORK PLAN $250,000,000 CREDIT TO BRITAIN; Joint Advance by the Federal Reserve and Bank of France Is Expected Today. GOES TO BANK OF ENGLAND Paris Paper Says This Is First Time We Acted on Equal Footing in Credit Deal. BRITISH BOARD ASKS CUTS Saving of $500,000,000 Yearly In Budget Seen as Necessary to Avert a Crisis. Bankers Will Meet Today. Cheaper Money Required. PARIS AND NEW YORK PLAN AID TO BRITAIN

By P.j. Philip. Special Cable To the New York Times

Confers with Sir R Kindersley on credit grant to Bank of Eng

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HOOVER SUGGESTS GERMANY BUY OUR WHEAT AND COTTON ON LIBERAL CREDIT TERMS; SACKETT INFORMS BERLIN Move Is Described as One Other Way of Aiding Reich Recovery. NO RESPONSE MADE AS YET Washington Thinks Cotton Proposal Is More Likely to BeAccepted of the Two.VIEWED AS A "HAPPY IDEA"Farm Board's Burden of Carrying Surpluses Would BeLightened by Plan. Cabinet Considered Proposal. Material Aid to Germany Seen. Regulation Curbs Wheat Imports. Reasons for Our Readiness. See Improvement in Germany. Doubt Germany Needs New Money. What Germany Imported. Germany's Consumption Needs. Wheat Stocks on Continent.

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

Pres Hoover suggests that Farm Bd sell substantial amounts to Germany on liberal credit terms

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DOYLE KEPT IN JAIL; DECISION ON APPEAL IS PUT OFF TO AUG. 10; Highest Court in State Hears Seabury's Plea to Uphold Sentence for Contempt. IMMUNITY ISSUE PRESSED Counsel Stakes Inquiry's Fate by Demanding a Ruling on Power of Committee. STRATEGY PARLEY ROUTED Curry and Steuer Quit Hotel WhenProcess Server Arrived Night After Phone Call to Lake Placid. Doyle Kept in Jail. Sees Fate of Graft in Balance. DOYLE KEPT IN JAIL; DECISION ON AUG. 10 Presses Immunity Issue. Judge Challenges Doyle Thesis. Pardon Suggestion Withdrawn.

By From a Staff Correspondent of The New York Times

Reserves decision on W F Doyle's appeal from sentence for contempt

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Notable Births

Ramblin' Jack Elliott

1931Ramblin' Jack Elliott, American singer-songwriter and guitarist[†]

Ramblin' Jack Elliott is an American folk singer, songwriter and story teller.

Trevor Goddard (cricketer)

1931Trevor Goddard, South African cricketer (died 2016)[†]

Trevor Leslie Goddard was a South African cricketer. A left-handed all-rounder, he played 41 Test matches for South Africa from 1955 to 1970. He captained the young South African team on its five-month tour of Australia and New Zealand in the 1963–64 season, levelling the series with Australia, and was also captain in 1964–65 against England in South Africa.