John Hylan resigns as New York City mayor one day before his term expires, which for some convoluted reason is the only way he gets a pension ($4,205 a year). Outgoing Police Commissioner Richard Enright does the same ($5,000). Temps will fill in for 24 hours.
Commerce Sec Herbert Hoover warns against the “fever of speculation” in stocks and real estate. Well I’m sure he’ll fix all that. He’s also against buying by instalment plan.
Dr. Hornell Hart of Bryn Mawr College tells an American Sociological Society meeting that by the year 2000 humans will live to 100 on average and some to 200. Hart lived to 78.
Nils Aasen, Norwegian inventor of both the hand grenade and the anti-personnel mine, dies at 47 of tuberculosis brought on by a nervous breakdown. He was having trouble trying to invent an insomnia mask.
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