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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Jun 12, 1939
Page
2
A daily column from the Panhandle reflects on uncertain weather patterns, ongoing New Deal era drought and lake projects, federal funding worries, and a plan to cover Marvin Jones’ congressional intentions. The writer travels by train to Washington to seek statements while noting local political activity and humorous vignettes from eastbound readers.
Amarillo wheat prices received today and a mixed market day across major indices. The New York Stock Exchange and New York Curb Exchange show varied quotes for energy and industrials while grain quotations list wheat futures with modest shifts and irregular opening and closing levels.
Washington June 12 A House Ways and Means Subcommittee tentatively approved substituting a flat 18 percent tax on corporations with net income over 25 000 for the undistributed profits levy. Firms under 25 000 would face existing rates 12 1 2 to 16 percent. The panel also tentatively extended current excise taxes and postal rates for two years, expected to yield about 490 million and 75 to 90 million respectively.
The U S government reports its gold holdings have surpassed 16 billion dollars, reaching 16 008 915 154 on June 9. Escalating European war fears sparked a near 2 billion dollar rise over the past three months, lifting U S reserves well above a year prior. About 60 percent of the world’s monetary gold is now in the United States.
In Paris on June 12 a thief cut the hanging wire and stole Watteau's small painting L'Indifferent from the Louvre while visitors watched. The work valued nominally at 106000 dollars is considered far more valuable in reality. The piece depicts a youth in Little Lord Fauntleroy attire and measures about 10 by 8 inches.
In Austin on June 12 three Texas House bills were introduced to authorize injunctions against loan sharks charging usurious rates. The measures aim to fix a prior Supreme Court ruling that hampered court restraints. Authors are Reps Delmar King Garner Eugene Talbert Tyler and Alfred Petsch Fredericksburg.
Legionnaires of Hanson Post will devote their regular weekly KGNC broadcast to a flag observance during American Flag Week. The program starts at 8 15 p m with James O Cade in charge for the Legion. Adjunct J T Mc Entaggert announced the observance and program details.
Edgar Howard former Nebraska congressman and Columbus Telegram publisher says Garner is not a presidential candidate. He cites a year old conversation and a recent letter in which Garner denies any bid or discussion and says he will continue his voluntary work as he has for seven years.
A Sunland California penny postal card addressed to the State Chamber of Commerce Texas was delivered to Amarillo Chamber of Commerce. The sender, a school girl, is interested in Texas and seeks literature about the state.
Mayor Ross D Rogers city manager H R Smith and Paul Edquist of Borden left this afternoon for a fishing trip to Lake City Colorado. The city manager planned a two week stay. Murry Wetts departs tomorrow for a Northwest tour and will halt at Lake City for a day or two of fishing with Amarilloans.
In Durham North Carolina on June 12 a boy dropped a nickel into a storm sewer. Traffic Sergeant W W Scott lent him another nickel. The boy bought gum and used a pole and gum wad to retrieve his original coin.
Warren Brogdin of Pampa was charged in justice of the peace court with statutory criminal attack on a 15-year-old girl. The complaint says the alleged assault occurred in Potter County last March. Justice of the Peace Duke set bond at $2,500.
BUENA VISTA Colo June 12 Four of six Colorado reformatory inmates who escaped yesterday and held Warden W. H. Johnson as a hostage were surrounded and captured shortly after daylight today about 20 miles east of here. The four, cold hungry and tired from a 15 hour flight from posse men and guards, surrendered meekly after a campfire sighting by two officers.
President Roosevelt sent to the Senate today nominations for Texas postmasters including Ambrose J. Channing Denman James A. Childress Claude Hilburn Carl W. Appling Noma N. Lakey Johnnie R. Back and Flake George from Shamrock with assignments in various towns.
Pearline Noble, a negro woman, was charged before Justice of the Peace Duke today with assault with intent to kill Bud Devereaux, brother of Tommie Devereaux killed recently by a negro woman. Bond was set at $1000.
The county commission held a regular session to attend to routine business including payment of bills and standard procedural matters.
Mrs J E Edwards presides over pearl fishing off Darwin aided by her son. She runs three boats with crews of four, including two Japanese divers, and claims to be the only woman worldwide in this male dominated trade.
The Texas Optometric Association District No 1 wrapped up spring activities in Amarii at Dr. L N Pittmans office with Dr J M Hyden as chair. Papers were read on Binocular Reconditioning by Dr T M Montgomery and Analytical Assignment by Dr D W Leach. A picnic lunch by the Ladies Auxiliary followed at Ellwood Park, with numerous doctors and spouses from Amarillo and nearby towns in attendance.
Pan American Airways announced regular trans Atlantic air passenger service between the United States and Europe would start June 8. The statement, issued from New York, confirms the expansion of international air travel during the period.
Secretary of State Cordell Hull announced the American Legation in Albania has been ordered closed. The minister and staff will return home. A separate note mentions the feast coinciding with Christmas and the origin of the Christmas wreath.
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