ON THIS DAY IN 1933, the Brooklyn Daily Eagle reported, “WASHINGTON — Executive control of all banks for the protection of depositors, immediate reopening of all sound banks and reorganization of weaker banks, and amendment of the Federal Reserve Act to provide additional currency are the principal points of President Roosevelt’s program for meeting the banking crisis, which were submitted to Congress in a message read at the opening of the special session this afternoon. The President asked for a broad grant of dictatorial powers which will ‘give the executive branch of the Government control over banks in the interests of the depositors.’ ‘Our first task is to reopen all sound banks,’ President Roosevelt informed Congress … Urging on Congress immediate action, the President said in his message: ‘A continuation of the strangulation of banking facilities is unthinkable. The passage of the proposed legislation will end this condition and I trust within a short space of time will result in a resumption of business activities.’ The broad grant of an executive banking dictatorship, plus issuance of new currency, the President said, will lift ‘all unwarranted doubts and suspicions in regard to banks which are 100 percent sound.’”
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ON THIS DAY IN 1947, the Eagle reported, “The first step in the actual construction of the Brooklyn Veterans Hospital at Fort Hamilton was accomplished yesterday with the awarding of contracts for excavations and foundations. The contract was awarded by the New York army engineers district to the Stock Construction Corp., which entered a low bid of $436,000. Col. W.F. Heavey, district engineer, stated it was expected that rapid progress would be made in the initial work so that when superstructure bids are received, the foundation work would be well enough advanced to permit further construction at once. The 19-story hospital is being designed by Skidmore, Owings & Merrill and working drawings are expected to be ready by March 31. Bids will then be invited for the superstructure, nurses’ home, manager’s quarters, powerhouse, garage, laundry and homes for attendants and staff. The site covers 18 acres adjoining Dyker Beach Park, with the main building covering a plot 506 by 320 feet.”
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ON THIS DAY IN 1953, the Eagle reported, “WASHINGTON (U.P.) — The Atomic Energy Commission disclosed today it has switched on a brand new kind of atomic power plant and tapped it for enough electricity to supply 50 five-room homes. The trick was turned an hour after midnight on Feb. 24. The AEC hailed it as ‘an important milestone’ on the way to economic atomic power for industries and cities. The new plant is ‘homogenous reactor’ fueled by splitting uranium atoms in a sort of hot soup. It was built at the Oak Ridge (Tenn.) national laboratory at a cost of $1,100,000. In addition to producing power, it also can manufacture atomic fuel. Man has turned the atom’s energy into electricity once before. That was in December 1951, when a different kind of experimental reactor at Arco, Ida., briefly generated 100 kilowatts of electricity.”
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ON THIS DAY IN 1963, the Eagle reported, “BURLINGTON, VT. — Sen. Edward M. Kennedy (D-Mass.) apologized by letter yesterday to a Vermont news photographer for allegedly exposing a roll of film and damaging a camera at Stowe Feb. 23. Kennedy, youngest brother of the President, offered his apologies to Philip N. Lawson, 21, of St. Albans, a photographer for the Vermont Sunday News of Burlington. ‘My wife and I are truly sorry about last month’s misunderstanding and hope that this letter will serve as a sincere apology for any difficulty it may have caused,’ Kennedy said. The letter was postmarked from Washington Wednesday. A copy was sent to Lawson’s attorney, former Republican Gov. Ray Keyser Jr., of Chelsea, who had promised court action if the Senator did not apologize. Lawson said he accepted Kennedy’s apology. However, he added that he also expects the 31-year-old Senator to pay for the cost of damage to his camera, flash attachment and leather carrying case. According to Lawson, Kennedy took the camera from him outside a cocktail lounge at The Lodge after Lawson snapped his picture. Kennedy then reportedly damaged the camera while taking the film out and exposing it to light.”
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March 9: ON THIS DAY in 1933, Reopen all sound banks, Roosevelt tells Congress - Brooklyn Daily Eagle
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