DailyTimeCapsule brief
November 3, 1932
On November 3, 1932, significant political activities unfolded in the United States with the presidential election just days away. The Independent Group, a coalition of women supporters, met with Alfred E. Lehman to report on their efforts to mobilize voters, showcasing the growing role of women in American politics during a period of economic turmoil. Concurrently, Samuel Untermyer expressed concerns regarding alterations to the Bank of U.S. plan, criticizing the changes that he deemed detrimental to the original proposal designed to liquidate assets and ensure payments to depositors. The nation was grappling with the Great Depression, resulting in heightened scrutiny of financial institutions and government initiatives aimed at economic recovery. Amid these political developments, Mrs. Buck, author of 'The Good Earth,' addressed a gathering of 2,000 Presbyterians, advocating for improved missionary efforts, reflecting a contemporary emphasis on social responsibility and community engagement.
Key developments
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On November 3, 1932, Lieutenant Governor Herbert Lehman met with 50 members of an independent women's group to discuss their electoral efforts. The organization presented data on contributions, indicating a higher number of individual donations compared to previous campaigns, albeit with smaller amounts. This meeting highlighted the growing influence of women voters in the political landscape during the 1932 election.
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On November 3, 1932, S. Untermyer announced a modification to his reorganization plan for the Bank of the U.S. due to worsening business conditions that hindered capital raising efforts. The initial proposal's full payments to depositors were now in doubt, prompting a revised plan submitted to the State Banking Department. This change reflects broader economic challenges faced during the Great Depression.
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BETTER MISSIONARIES URGED BY MRS. BUCK; Author of 'The Good Earth' Luncheon Guest of 2,000 Presbyterians.
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