German Gold Here to Repay Loan by Federal Reserve (Universal Newsreel, Jun 1931)

Description

The original release sheet reads: 1. GERMAN GOLD HERE TO REPAY LOAN BY FEDERAL RESERVE: NEW YORK, NY - The Reichsbank of Berlin returns $25,910,000 which left Europe before President Hoover advanced his plan for a world debt holiday. Hundreds of cases and bags of bullion and coinage are landed as cordon of police and secret service agents guard pier. The money cancels an advance of American dollars made to the foreign institution. 2. STIMSON SAILS FOR EUROPE! - Secretary of State expected to discuss Hoover Debt Plan with foreign nations. 3. SOVIET BUILDS NEW CITY NEAR ARCTIC FOR MONGOL NOMADS: BELOSCHELIE, SIBERIAN, USSR - Cultural and industrial improvements are installed in remote marshy wastes of Nenetz District as influences of modern science and educational methods are carried into far north country. Even a radio station is equipped in community rising out of nothing. Herds of reindeer cart devices of the western world into frozen land. 4. DAREDEVIL DRIVER SETS NEW MARK FOR OUTBOARD MARATHON: NEW YORK, NY - Charles B. Cabot, New Haven garage mechanic, cops first place in 29.5-mile Around-Manhattan-Driftwood-Derby, leaving rivals in wake as he speeds to victory in record time of 50 minutes 19 seconds, under the shadow of famous skyline. The winner is heaped with honors and $200 prize for his efforts. NEWS PARAGRAPHS: 5. LOS ANGELES, CA - Family proud of record round-world hop! — Mrs. Harold Gatty and 3 children anxiously await noted flier’s return. 6. OCEAN CITY, NJ - Kentucky lads battle for marble title! — 12-year-old Johnny Jeffries, of Louisville, wins coveted crown. 7. ROCHESTER, NY - Opens world’s first actual flying school! — Daisy McKinney demonstrates her dad’s new aeronautical theory. 8. CHICAGO, IL - “Bush-man” passes dangerous age! — Youthful gorilla expected to reach maturity after healthy babyhood. 9. 10,000 COPS IN ANNUAL TEST FOR PROMOTION TO SERGEANT’S RANK: NEW YORK, NY - Pavement pounders perspire as they take examinations in an effort to rise to officers’ posts. More than half of the city’s finest fill the floor space of the 258th Field Artillery Armory as a record number of men try for the coveted advancement, the first step up the ladder. 10. BABIES’ MILK FUND GAINS BY SOCIETY’S BILLION DOLLAR FAIR: MANHASSET, NY - Everything from a thoroughbred race-horse to a baby pig goes on the auction block to raise money for under-nourished children. “Idle Saint,” sister of “Twenty Grand,” sold as Long Island’s social set turns out in droves for the event on Mrs. Payne Whitney’s Greentree Estate. Mrs. Charles Simpson Payson and her four children and children of Cornelius Vanderbilt Whitney, Jr., enjoy the fete. Hot dogs go for $25, with or without a roll. (LOCAL – CANADA - A) DISCIPLES OF ISAAK WALTON VIE IN CASTING TOURNAMENT. (LOCAL – CANADA - B) TEN MILLION DOLLOR FIRE SWEEPS WATERFRONT OF MARITIME PORT. (LOCAL – CANADA - C) No title.

Collection

MCA/Universal Pictures Collection

Series

Motion Picture Releases of the Universal Newsreel Library