The Archive · 1939

Mr. Montagu Norman Attends Christening

Child Called "Norman Hjalmar" Schacht Berlin, Jan. 6, "Mr. Montagu Norman, the Governor of the Bank of England, who is on a it to Germany as a guest of Dr. Hjalmar Schacht, President of the hsbank, was the only foreigner Present at the christening yesterday Dr. Schachf's baby grandson, in of the magnificent reception of the Reichsbank. Mr. Norman god-father to the child, which named Norman Hjalmar.

cations are that serious talks en the two financial leaders are reserved until they meet at a meeting of the Bank ational Settlements.

The visit of Mr. William A. Phillips, e Ambassador in Rome.

Mussolini yesterday, with sent by President Roose-on the Jewish question, here as introducing a ow factor into one aspect orman-Schacht talks. The receipts for the current fiscal. year to a regiment of Colonial Artillery. because of expectations of improved Paler than usual, the Premier drew business conditions in the 1940 fiscal the fold of the new Colours to his year. lips, amid a sudden silence, which, More than $2000000000 will be interrupted by a burst or cheering, spent for "pump priming" recovery was most impressive. measures and relief in the coming M. Daladier later mixed freely fiscal year if the President's budget is with the French and native popula-approved. The estimate is more than tions, and was almost lost in the $1,000,000000 below the President's crowds, shaking innumerable hands. Tevised estimates on these categories The Premier appeared deeply moved Hor the current fiscal year. by these touching demonstrations of Recession and Relief Costs loyalty and affection.

Daladier, not Signor Mus-Revising his estimates for the cursolini, is our protector—we have no rent fiscal year, necessary because need for anyone but France" de-business recovery and unemployment clared an Arab Sheikh who wel-relief were not as rapid as anticipated, comed M. Daladier to Eldjem yester-the President predicted a deficit of day, prior to the Premier's depar-$3,972,259,000. The estimates were as ture for Susa,—Reuter. follows: Expenditures: 4 $9492329.000 Deficit: $3,912,259,000.

Receipts: $5,520,010,000.

The President told Congress that

Text read from the printed page and cleaned; old type leaves the occasional error.

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