Government move forecloses Munson Line ships in South American service
The U S Maritime Commission will sue in New York federal court to foreclose on four Munson Line ships used on South American routes. The action signals possible government ownership of the merchant fleet, with prior loans and subsidies shaping the case. The mortgage totals about 5 million dollars and a counterclaim for 2.5 million dollars follows.
MENTIONED IN THIS ARTICLE
U.S. Marine Commission
New York
United Fruit
Maritime Commission
Commission
Munson
Panama- Pacific
Dollar Lines
Munson Line
Hugo Black
Washington
Munson Reorganization Committee
Joe Kennedy
United States Line
U. S. Line
Dollar Line
Ocean Mail
South America
Uncle Sam
Tornado Outbreak Rips Five States Killing Dozens
Devastating tornadoes struck Kansas Oklahoma Missouri Arkansas and Illinois killing at least 22 people and injuring hundreds. The storms leveled buildings wrecked a school roof in Columbus Kansas and caused widespread damage from Ramona Oklahoma to Pekin Illinois with numerous fatalities including children and elderly residents.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas
Oklahoma
Missouri
Arkansas
Milinois
Innois
Columbus
Pekin
Neelyville
Popular Bluff
John McCormick
William Cornelius
Highland Grade School
Joan Grizzle
Barbara Sue
Joe Grizzle
Louise Canfield
Clara Garrison
Jerry Lee Grayson
Ah Small
Charles Crain
John W. Allen
Stephens
Earl Lyons
Republican
Ark
South Pekin
Roger Morris
Homer Sullers
First Congregational Church
Hikco Johnson
Chicago and Northwestern Railroad
Clyde Brillhart
Astoria
Timewell
Otis Freed
Schwartzentraub
Deer Creek
Heber Springs
F. Dugger
Marie Dugger, Jr
Lige Garrett
Ramona
Oglesby
Ochelata
Okla
Chetopa
Garnett
Kans
Lamar
Hallsville
Tax Exemption To Hasten End of Holding Firms
Senate finance committee approved an amendment to the House tax bill to exempt from capital gains taxes transfers and sales by utility holding companies to pursue liquidation under the holding company act. Chairman William O. Douglas urged the tax shelter to encourage voluntary corporate simplification and geographic integration. If assets are later re transferred for other purposes tax would apply. Douglas said the exemption would give utilities a safer path to clean house without tax fear.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
William O. Douglas
The
Securities Commission
Douglas
Robbery charge in Lubbock kidnapping case
J R Rae Jr 22 a Coleman County farm youth charged with robbery over the abduction of S B Bardwell a Lubbock businessman Rae identified as the hitchhiker who seized the car forced Bardwell to accompany him and drove away Bardwell escaped in Ballinger Rae was returned to Lubbock by Sheriff Tom Abel Rae gave an oral statement to sheriffs from Coleman Runnels and Lubbock counties noting a prior army service and a March 17 suitcase pickup in Coleman Sheriff Holt reported the receipt of the Coleman Express agent’s record of Rae taking the suitcase Rae escaped Bardwell’s car later abandoned nearby.
MENTIONED IN THIS ARTICLE
Ballinger
J. R
Alex) Rae, Jr
Coleman County
S. B. Bardwell
Lubbock
Bardwell
Rae
Tom Abel
Coleman
Runnels
Greeley
Cold
Shamrock
W. A. Holt
Runnels County
Polish press attacks Czechoslovakia over minority demands
Warsaw reports the pro government press in Poland attacking Czechoslovakia with a string of minority related demands that observers believe could foreshadow possible diplomatic moves at Prague.
MENTIONED IN THIS ARTICLE
Warsaw
U.P
Czechoslovakia
Prague
Tragedy Brings Pacific Toll To 24 Men
A long range naval bombing plane crashed off Waianae Hawaii during a mock battle killing at least five crew members. Seven aboard, four bodies believed trapped with three survivors reaching the wing. The loss brings Pacific operation deaths to 24 this year as hundreds of planes and ships participate in the Hawaii maneuvers.
MENTIONED IN THIS ARTICLE
Honolulu
Hawaii
Waianae
Oahu
Texan
G. J. Milles
Wilmette
Ill
H. F. Bartz
Aviation
Houston
Texas
G. H. O'Neil
Trumbull
Lieut
L. O. Crane
Nashville
Tenn
W. H. Lear
B. I. Windham
V. A. Luciana
Baltimore
California
Pacific
United States
Youthful Financier Blocks Huge Trust
Robert R. Young, a youthful financier who seized control of a major trunkline group, faced strong opposition from top financial interests. A federal judge issued a temporary restraining order preventing Guaranty Trust Co. from voting a controlling block of Chesapeake Corp. shares, the middle holding company in the Van Sweringen roads. Young accuses Guaranty Trust of breach of trustee duties tied to dealings with J. P. Morgan entities and General Motors Corp.
MENTIONED IN THIS ARTICLE
New York
Robert R. Young
Guaranty Trust Co
Alfred C. Coxe
Trust Company
Chesapeake Corp
van Sweringen
Chesapeake and Ohio
Young
Canadian
Texas
Guaranty Trust
J. P. Morgan & Co
Morgan & Co
Morgan, Stanley & Co., Inc
General Motors Corp
Dynamite Placed Under Contractor Car Investigated
El Paso police investigated an apparent assassination attempt on C. B. Cronkhite, a local building contractor, after a stick of dynamite was found wedged under a rear wheel of his automobile. Cronkhite reported no known enemies and discovered the device yesterday before backing the car from his garage.
MENTIONED IN THIS ARTICLE
EL Paso
U.P
C. B. Cronkhite
Cronkhite
Mussolini Vows Italy Ready to Strike If Needed
Premier Mussolini tells the Senate in Rome that Italy will take offensive action if necessary to defend empire interests. He touts a large submarine fleet and strong air power, envisions a 9,000,000 man army under his command, and outlines a vast wartime mobilization and industrial strength. The speech precedes a battle-ready nation.
MENTIONED IN THIS ARTICLE
Mussolini
Italy
Rome
Senate
Il Duce
Chamber of Deputies
Vittorio Emanuele
Tonsilitis Forces Lexington From War Games
An outbreak of tonsillitis aboard the U S Aircraft Carrier Lexington affecting 500 men caused a temporary withdrawal from Pacific war games. The ship stayed anchored off Waikiki with hangar space converted to cots while medical care and hospitalization of cases were arranged ashore if needed.
MENTIONED IN THIS ARTICLE
Honolulu
T. H
U.rp
U. S
Pacific Ocean
Naval Headquarters
Waikiki
U—S
Peace Doomed in Czechoslovakia
Praha March 30 Premier Milan Hodza’s bid for a balanced minority statute to appease Czech Germans faces rejection in Sudeten circles. Calls for communal elections and redistricting by language heighten tensions as officials warn loyalty to the state is essential. German forces in mixed Czech Slovak units illustrate growing strain as Papen’s Turkey ambassadorship signals a wider German eastward drive.
MENTIONED IN THIS ARTICLE
Praha
Czechoslovakia
Milan Hodza
Konrad Henlein
Hodza
Switzerland
Franz von Papen
Turkey
France to Build Two 42,000-Ton Super Battleships
Paris March 30 The navy committee approved a bill authorizing two 42,000-ton super battleships for the French navy along with a heavy cruiser seven submarines and auxiliary vessels. The plan, under Premier Leon Blum, aims to bolster armaments and may trigger financial restructuring including suspending the Bourse if passed. Naval circles say tonnage is not fixed but the goal is to outpace Germany and Italy at sea.
MENTIONED IN THIS ARTICLE
Paris
Navy Committee
Chamber of Deputies
Leon Blum
France
Stock Exchange
Germany
Italy
United States Demands Full Compensation for Expropriated Oil Properties
Secretary Hull urged Mexico to pay fair, assured and effective compensation for American oil properties seized, and for about 80 million dollars of farms and ranches. Officials say value of oil assets exceeds 400 million dollars, totaling near 500 million with farm losses. Hull stressed international law and equity, urging a fair solution within friendly ties.
MENTIONED IN THIS ARTICLE
Washington
United States
Mexico
Hull
Mexic
Hermit in Woodland stirs civic ire over underground dwelling
In Woodland California citizen tension rises as Henry Till known as The Gopher keeps an underground dugout at a field he inhabits for two years. The 68 year old man with money for food refuses relief and explains little about his unusual home and tastes.
MENTIONED IN THIS ARTICLE
Woodland
Calif
Henry Till
Till
the Gopher
Til
Fascists Eye Mexican Oil Amid Expropriation Crisis
Mexico faces international pressure as expropriation of its $400 million oil industry tests relations with the United States Britain and other powers. Tokyo bankers and Italian and Japanese envoys signal possible oil trade options while Tampico stores fill and the nation seeks foreign buyers to maintain purchasing power and markets.
MENTIONED IN THIS ARTICLE
Mexico City
Italy
Germany
Japan
Mexico
Cardenas
Congress
United States
Tampico
Fascis
Carmeen
Tokyo
Great Britain
United Staties
Also Mentioned on This Page
U.S
James McMullin
National
Whirligig Staff
Amarillo
Vi- Fair
Barcelona
Spain
Belleville
Supreme Court
P.E. D
P. O
Call Community Chest
Louisiana
Kentucky
Dial Globe-News NT
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