On this day

August 25, 1932

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

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Headlines from August 25, 1932

INDUSTRY AND LABOR JOIN IN 7-POINT PLAN TO SPEED RECOVERY; National Congress of Capital and Workers to Be Called in October to Get Action. FEDERAL AID IS FEATURE Program Drafted by Advertising Club Also Stresses 6-Hour Day and 5-Day Week. WOLL GIVES HIS APPROVAL Revision of Anti-Trust Laws and Broadening of Base of Taxation Is Coupled With Economy. INDUSTRY AND LABOR PLAN FOR RECOVERY

By Unknown Author

Broadening taxation base advocated by Advertising Club of N Y and A F L in joint program for economic recovery

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REICH NOT TO ASK CUT IN PRIVATE DEBT, DECLARES DR. LUTHER; President of Reichsbank Tells Germans They Must Deal Directly With Creditors. BELIEVES RECOVERY IS NEAR Economic Reforms Initiated by People Have Some Prospect of Success Now, He Says. TO SAFEGUARD EXCHANGE He Favors Reduction In Discount Rates, Revealing Talks With Government on Subject. RECOVERY IS NEAR, SAYS DR. LUTHER

By Special Cable to THE NEW YORK TIMES

On world and German financial outlook; s to Cong of Cooperatives, Dortmund

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Notable Births

Anatoly Kartashov (cosmonaut)

1932Anatoly Kartashov, Soviet aviator and cosmonaut (died 2005)[†]

Anatoly Yakovlevich Kartashov was a cosmonaut in the Soviet Vostok program.