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Newspaper
Ada Weekly News
Location
Ada, Oklahoma, United States of America
Date
Dec 28, 1933
Page
3
Washington experts differ on the silver buy program. Some see it stabilizing prices and boosting the dollar’s purchasing power, while others warn the impact may be temporary or negligible. Profs Warren and others dispute long term price effects and the open market vs government price dynamics.
Speaker Rainey predicted that on opening day of Congress an effort would seek to block Mrs. Bolivar E Kemp from taking the sixth Louisiana district seat left vacant by her husband’s death. A later election is set for December 27 and a member may move to delay her oath pending an election committee investigation.
Four clearings through the Kansas City federal reserve bank totaled 175 million dollars for the past week, up 53 million from the prior week and 48 million above a year ago. Gold reserves rose 1.195 million, note circulation gained 1.679 million, and the reserve-deposit ratio slipped from 66.3 to 65.7 percent. Member bank reserve accounts rose 1.325 million.
Connie Mack celebrated turning 71 in Philadelphia with plans for next year and no retirement in sight. He aims to keep managing the Philadelphia Athletics while rebuilding after five player sales. He also planned an airplane sightseeing flight with his wife and daughter.
President Roosevelt's silver coinage program begins as eleven money types circulate in the United States totaling 5.743 billion dollars. Federal reserve notes lead with 2.998 billion, followed by national bank notes, silver certificates, gold coin, United States notes, subsidiary silver, gold certificates, federal reserve bank notes, minor coin, silver dollars, and treasury notes of 1890.
The German supreme court found Marinus van Der Lubbe a 24 year old Dutch brick mason guilty of setting the Reichstag fire last February and sentenced him to death A communist leadership figure Ernest Torgler and three Bulgarian refugees Georel Dimitroff Blagoi Popoff and Wassil Taneff were acquitted The verdict closed a three month trial noted as one of Germanys most dramatic political cases with sparse public interest and minimal outside disruption due to rain
Seattle reports warn of a world ending flood as predicted by William Greenwood Noah of the region. Unprecedented rains and floods tanked lives and left thousands homeless across Washington Oregon and Idaho while trains stalled and rainfall records fell. Greenwood says the current floods are only a warning and believers will be saved.
Federal Judge Edsard Vaught in Oklahoma City suspends an 18 month term for Thomas H. Gillihan after he pleaded guilty to attempting to extort by mail. Gillihan had sent two letters to demand money, with threats, and had been jailed five months. The judge warned against writing threatening correspondence and urged Gillihan to stop.
Det 33 FBE unions in Chicago announce completion of their legislative agenda aimed at railway labor issues. The program covers worker rights, safety standards, and contract conditions for rail employees.
Curtailed operation at McAlester prison due to NRA codes reduces daily inmate labor by about 600 and cuts 30 staff. Warden Sam Brown reports only about 50 percent activity, risking $75,000 yearly in lost business. Furniture, garment, brick, and twine factories scaled back or closed as contracts and plans lag. Unemployment relief on the sub prison farm at Atoka county is insufficient to offset winter removals.
Oklahoma oil prorated areas keep January allowables at December levels while non prorated fields absorb a 10 040 barrel cut ordered by the federal government. The proration umpire recommended the move at a corporation commission hearing and an order is expected soon. Minor tweaks may occur in Oklahoma City fields and Chandler Osage county areas. Weather notes mark winter from December 21 to March 1.
Court decisions affirmed in criminal cases include Allen Carroll of Jefferson county for car theft six years. Andy Jones of Blaine county for assault modified from five years to one. Bernard Buckmiller of Latimer county for grand larceny one year. W B Spelling of Oklahoma City for indecent exposure six months.
We of Seminole county reopen investigation into the death of Robert Collier 48 once a minister found with a shotgun wound to the back of the head at his home near WeWoka. Undertaker Roy Cook and evidence man Warner Greer question if suicide. shotgun found near the body. Collier was divorced three weeks earlier at Okemah.
The St. Louis San Francisco Railway reports November operating revenue of 3,581,568.49 dollars, down 118,682.18 from a year ago, with net railway income 64,180.44 dollars off 217,022.28 and available balance 100,743.66 down 190,270.04. For eleven months to November 30, revenue totals 37,527,075.65, down 2,051,323.27. net income 2,662,175.75 off 625,579.21. balance 3,103,496.68 down 312,540.52.
In Uniontown Pennsylvania Judge J W Dawson approved an out of season shoot on the Charles H Seaton estate allowing two deer to be killed for meat to feed poor children at a holiday dinner. The plan involves rein deer as animal work animals and domestic deer used for the charity event.
Advertisement touts Cardus as a safe vegetable tonic with over 50 years of use. It claims Cardus strengthens the system, relieves rundown health and tired nerves, and eases monthly periods for women of all ages.
Mr and Mrs Robert Gordon Switt of East Orange New Jersey and New York respectively protest their arrest as a frameup and plant. They tell Magistrate Benon they did not own incriminating documents and recount police searches and a tense separation. Their defense hires Deputy Henry Torres as legal aid.
Eight East Central freshmen traveled to Wetumka Friday night and defeated Marvin Daugherty's junior college squad 40-36. Center Harriman led with 15 points, while Jack Farr and Mickey Daniels added 11 each as the fresh men rallied late for the win. Others in the game were Harrison Murchison Warren House and O Neal.
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