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March 18, 1932

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Headlines from March 18, 1932

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By Unknown Author

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DEBT CUT PROPHECY AROUSES SENATE IRE; Administration Promptly Denies Newspaper Story That Mellon Will Act in London. ROBINSON OPENS ATTACK Reed Bears White House Tid- ings, but Glass Warns of Forced Reductions. DEBT CUT PROPHECY AROUSES SENATE IRE

By Special to THE NEW YORK TIMES

On war debts; s in Sen debate

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REVISED GLASS BILL CURBS SPECULATION, HELPS FAILED BANKS; Reserve Members Limited to 15 Days on Brokers' Loans, With Penalties for Violation. $700,000,000 FUND ASKED Liquidating Corporation Might Issue Four Times Its Capital to Aid Depositors. FIGHT IN SENATE PRESAGED Townsend and Walcott Oppose Some Features, Warning Against Anything "Deflationary." REVISED GLASS BILL CURBS SPECULATION

By Special to THE NEW YORK TIMES

Sen gets revised Glass Bill; provides for reinforcement of Fed Reserve and natl banking laws, curbs chain banking but encourages branch banking, separates natl banks from affiliate corps, limits Fed Reserve members to 15 days on brokers' loans with penalties for violation, sets up corp for liquidating assets of closed banks, and retains provisions for pres apptmt of members of Fed Reserve Bd with Comptroller of Currency to replace Sec of Treas

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LEAGUE RULES OUT ANY PRICE BY JAPAN FOR SHANGHAI PEACE; 19-Power Body Bars Political Conditions and Sets Itself Above Conferees at Scene. ASKS MANCHURIA REPORTS Lytton Group Called On to Give Data on Independent State, It Is Understood. ITS CREATION IS ASSAILED Madariaga Holds Action Violates Article X -- Yen Tells Provisional Terms of Truce of March 14. LEAGUE BARS PRICE FOR SHANGHAI PEACE

By Clarence K. Streit.wireless To the New York Times.by Clarence K. Streit

Chinese-Japanese relations

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WET DEMOCRATS WIN AID OF A LEADING DRY; Conversion of Gov. White of Ohio to Resubmission Plan Causes Stir in the Capital. HE IS SEEN AS A CANDIDATE Ohio Republicans' Choice of an Anti-Dry Delegation Held to Mean Convention Fight. WET DEMOCRATS WIN AID OF LEADING DRY

By Arthur Krock.special To the New York Times.by Arthur Krock

Politicians excited by conversion of Gov White, dry Dem, to resubmission

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1932John Updike, American novelist, short story writer, and critic (died 2009)^[†]

John Hoyer Updike was an American novelist, poet, short-story writer, art critic, and literary critic. One of only four writers to win the Pulitzer Prize for Fiction more than once, Updike published more than twenty novels, more than a dozen short-story collections, as well as poetry, art and literary criticism and children's books during his career.

Headlines from March 18, 1932

Front Page 4 -- No Title

DEBT CUT PROPHECY AROUSES SENATE IRE; Administration Promptly Denies Newspaper Story That Mellon Will Act in London. ROBINSON OPENS ATTACK Reed Bears White House Tid- ings, but Glass Warns of Forced Reductions. DEBT CUT PROPHECY AROUSES SENATE IRE

WET DEMOCRATS WIN AID OF A LEADING DRY; Conversion of Gov. White of Ohio to Resubmission Plan Causes Stir in the Capital. HE IS SEEN AS A CANDIDATE Ohio Republicans' Choice of an Anti-Dry Delegation Held to Mean Convention Fight. WET DEMOCRATS WIN AID OF LEADING DRY

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