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October 8, 1931

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

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Headlines from October 8, 1931

REICH CABINET OUT; BRUENING TO REMAIN; Hindenburg Bids Him Organize Non-Partisan Ministry After Old One Makes Way. NEW SAVINGS ARE DECREED Emergency Measure Gives the Government Wide Economic, Fiscal and Police Powers. Selections Not Indicated. REICH CABINET OUT; BRUENING TO REMAIN Imports to Be Reduced. Debt Settlements Urged. Budgetary Year Prolonged. Sees Like Situation Here.

By Special Cable to THE NEW YORK TIMES

Govt urges states and cities to agree with creditors; will form dept for conversion of short-term debts into long-term; current fiscal yr to be prolonged to June 30, 1932

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BANKERS OF NATION BACK HOOVER PLAN; Association at Atlantic City Puts Its Influence Behind the $500,000,000 Proposal. MORATORIUM MOVE URGED Immediate Negotiations Suggested--Disarmament StepsAre Endorsed. Banking Pool Draws Praise. BANKERS OF NATION BACK HOOVER PLAN Demonstration on the Floor. Differ on Reserve Act Changes. Stand on Extending Moratorium. Reliance on Government Aid Hit. CHICAGO SEES TRADE AIDED. Clearing House Will Take Up Plan as Soon as Received. Stone Defends Farm Board. SEES ALARM ALLAYED. Philadelphia Reserve Bank Head Terms Plan Admirable. ATLANTA TO BACK PROPOSAL. Banker Points to Good Results on Similar Lines After War. BOSTON WILL COOPERATE. But Bankers See No Urge for Plan in New England. CLEVELAND APPROVES PLAN. Bankers Are Ready to Subscribe Quota of $5,000,000. APPLAUDED IN ST. LOUIS. Bankers and Business Men See Better Feeling Already. PLAN ENDORSED IN DALLAS. Bankers Believe Hoover Program Will Do Immediate Good. NORTHWEST HAILS PROGRAM. Bankers Believe It Will Relieve Pressure on All Banks. AWAIT DATA IN KANSAS C

By From a Staff Correspondent of The New York Times

Increase expected as result of increase in rediscount rate of Fed Reserve Bank of N Y

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Notable Births

Bill Brown (footballer, born 1931)

1931Bill Brown, Scottish footballer (died 2004)[†]

William Dallas Fyfe Brown was a Scottish football goalkeeper.

Notable Deaths

John Monash

1931John Monash, Australian general and engineer (born 1865)[†]

General Sir John Monash, was an Australian civil engineer and military commander of the First World War. He commanded the 13th Infantry Brigade before the war and then, shortly after its outbreak, became commander of the 4th Brigade in Egypt, with which he took part in the Gallipoli campaign.