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December 8, 1931

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

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Headlines from December 8, 1931

I.C.C. PERMITS ROADS TO MAKE LOAN POOL OF RATE INCREASES; New Plan Is Substituted for Gifts to Weak Lines From $100,000,000 Revenue Rise. SYSTEMS GAIN FREE HAND Should Not All Agree to Credit Corporation Idea, Higher Rates May Apply Anyway. CHANGE LIKELY BY JAN. 1 Commissioner Eastman and Three Others Dissent to the Majority Opinion of Seven. No Restrictions Laid Down. I.C.C. PERMITS ROADS TO MAKE LOAN POOL Other Changes Sanctioned. Rise on Less-Than-Car-Lot Rates. Eastman Objects to "Retreat." Preliminary Rate Work Done.

By Special to The New York Times

Dissents to I C C sanction of R R execs; plan to set up credit corp

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SENSE OF DUTY PREVAILS; Democrats Form SenateHouse Board to Deal With Hoover Program. COOPERATION IS INDICATED Crowded Galleries in BothChambers Witness ColorfulScenes in Their Convening. SENATE STRIFE POSTPONED Democratic Solidarity Is Manifested in House--President'sMessage Goes In Today. House Monopolizes Fireworks. Democrats Pick Policy Board. SERIOUS PROBLEMS CONFRONT CONGRESS All House Democrats on Hand.

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

Congress

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NAVY LEAGUE URGES INQUIRY BY CONGRESS; Investigation of Hoover's 'Entire Conduct of Naval Affairs' Is Demanded by Gardiner. NEW ATTACK ON PRESIDENT Letter Charges a 'Highly Organized Effort' to Discredit Leaguefor 'Unpalatable Truths.' Says Result Would Not Be Known. NAVY LEAGUE URGES A CONGRESS INQUIRY Importance in Determining Budget. Comparison of Other Tonnages. Our Tonnage Held to Be 70 Per Cent. Sees an Admission of Agreements.

By Special to The New York Times

Navy League asks Cong to investigate his administration, holding Pres investigation inadequate

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Notable Births

Bob Arum

1931Bob Arum, American boxing promoter, founded Top Rank[†]

Robert Arum is an American lawyer and boxing promoter. He is the founder and CEO of Top Rank, a professional boxing promotion company based in Las Vegas. Prior to becoming a boxing promoter, Arum was employed as an attorney in the tax division of the United States District Court for the Southern District of New York.