07 Mar 1933
Page 1
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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Mar 07, 1933
Page
1
Arthur Brisbane notes Roosevelt vows to think for himself and back words with deeds. Theodore Roosevelt says words matter only with actions. The piece reflects on the power of the US president and cites need for a right plan to guide American governance as a new era begins. See today page 3.
Potter County juries and prosecutors report 21 convictions from 22 cases with a total sentence of 122 years six months 75 days and 300 dollars in fines. The longest term is 75 years for burglary by a Black defendant who struck a woman with a hammer. Three trials ended in acquittal. Sheriff Adams credits airtight evidence and grand juries, praising juries as the final arbiter.
Denver reports two alleged gang members in custody for the Boettcher kidnapping and ransom case. Police link a South Dakota hideout near Mitchell to the abduction, with two other suspects identified. A jailhouse note writer is among the detained, and four friends remain under investigation.
In Lubbock district court two eye-witness accounts described the October 15 robbery and fatal shooting of Robert Tharp, assistant manager at a chain grocery. The district attorney said the state would seek the death penalty in the Paul Mitchell armed robbery case.
Tokyo dispatches say Koupeikon pass in the Great Wall region has not fallen but fighting for its possession began early today. Japanese forces report all other passes seized while Chinese defenders near Koupeikon face Maj. Gen. Tadashi Kawahara and Gen. Yoshikazu Nishi’s units aided by Chinchow airpower.
In Enid Oklahoma a district court jury found Earl Quinn guilty of the murders of Jessie and Zexia Griffith and recommended he die by electric chair. This marks his second death sentence after a prior conviction at Newkirk and reversal on appeal.
The Amarillo Automobile Dealers Association showcases 14 car types from Pierce Arrow to Willys in the Fair Grounds. Exhibits highlight automatic ignition, free wheeling, and streamlined designs, promising speed, low labor, and bigger bodies as 1933 models debut.
Washington report outlines 13 bank functions permitted under Secret Woodin rules including handling drafts, accepting payments, making change, access to safe deposit boxes, unrestricted cash returns after business hours, trust fund deposits, and essential community needs. Ohio's 800 banks opened today under regulated terms in a move aimed at stabilizing the financial system.
Borger activates a 30000 dollar scrip fund printed in 25 cent to five dollar denominations backed by company checks. G W Newsom serves as treasurer in the old Borger State Bank building. Scrip good in Hutchinson County and other counties where participating firms operate, usable only for payroll and exact face value, with merchants covering expenses.
In eight large cities officials reported more than 55 million dollars deposited under a week-old state statute. The law allowed banks to limit withdrawals on old deposits to as little as one percent of balances on February 27, but required that all new deposits be kept in cash and be withdrawable on demand without restriction.
State Banking Commissioner Marion Lasson said Arkansas banks would reopen today for making change and access to safety deposit vaults. The decision follows coordination with federal reserve and treasury officials.
Oklahoma City reports State Bank Commissioner W J Barnet says banks may operate under Woodin rules but only if they choose as state holiday closures limit actions. He notes Woodin’s latest payroll meeting rule and a $600000 scrip release is planned, while New York banks run under varied interpretations of Washington regulations and still accept deposits.
BROWNSVILLE March 7 The Cameron County grand jury was summoned to delve today into an aerial slaying believed to be the first of its kind in the nation.
Texas banking commissioner James Shaw issued a proclamation extending the state financial moratorium to March 9 to align with federal rules. The move adopts federal banking guidelines for state banks and urges patience and support for local institutions as authorities work to restore normal operations and financial stability.
Thirty four companies and individuals filed petitions at a Texas Railroad Commission gas hearing. They seek permits to process gas for gasoline extraction from wells in the Panhandle Field. The group covers 204 wells with a combined open flow of 2.714 billion cubic feet daily. If approved, the permissible flow would rise to 674.431 million cubic feet daily. The morning session, led by J. T. Elliott and J. N. McDonald, heard four and a fraction applications. Participants include Alamosa Oil Company and Antelope Creek Oil & Gas, Skyrocket Oil, and Continental Oil with wells across Hutchinson Wheeler Moore counties. The hearing recessed at noon after testimony on 10 Continental wells.
President Roosevelt pursues economic recovery with governors and banking experts, plans to open drawable bank accounts, and concentrates powers with a brain-trust team while Congress prepares to act amid a financial holiday.
Clear skies and rising temperatures marked the second day of the Amarillo Exposition and Fat Stock Show. Exhibitors paraded 200 fat baby beeves for premium money as judging of the Rabbit Show began amid ongoing activity on the exposition grounds.
The Amarillo Fat Stock program lists events from 3:30 P M Auto Follies at the Automobile Building to 9:00 P M Fat Stock Show at the Amusement Hall 206 Polk Street. Highlights include 4:30 P M Horse Show at the Fair Grounds and 7:00 P M Panhandle Breeders Association meeting at the Amarillo Hotel and 4 H Club Banquet at the Amarillo Hotel.
The exposition opened with Wortham's carnival rides and freak animal acts plus science and skill games. The heated Automobile Building displayed a dozen car makes as Free Auto Follies entertainments were set for 3 30 and 7 30. A second edition of the Horse Show and junior cowboy contest was slated for 4 30 with See STOCK SHOW Page 2.
Fair and warmer tonight and Wednesday for Amarillo and nearby areas. West Texas west of the 100th meridian sees fair conditions with warmer temperatures in north and east parts tonight and partly cloudy, warmer southeast Wednesday. New Mexico experiences partly cloudy skies tonight and Wednesday with warmer conditions in the north and extreme east portions. Today's highs and tonight lows range from 28 to 61 degrees.
Austin March 7 The Texas House approved by 101 to 21 the Greathouse bill suspending foreclosures on realty for one year. The Senate debated an emergency insurance bill linked to a state bank operation period. A bill penalizing arson attempts passed the House for Senate concurrence. Chastain’s tax-exemption proposal remained alive, printed despite a negative report. Lobbyist registration referred to State Affairs. Congress urged farm relief.
Teller networks across several states resumed cash handling as federal actions lifted deposit restrictions for essential needs. A second order allows clearing houses to issue scrip after the national holiday, boosting confidence in a return to normal banking. A large New York institution noted gold inflows resumed into its vaults.
A committee of the Amarillo Clearing House Association met Tuesday morning to study new banking service regulations announced by the secretary of the treasury. No definite local procedures were set pending detailed guidance from authorities in Washington and Austin. The group planned to remain in session until federal and state officials provide clearer information and instructions.
A federal push allows withdrawals of one third of deposits in all quid banks as George Woodin issues 13 reopen regulations. New York and New Jersey plan statewide scrip while Clarksdale Mississippi issues 37000 dollars in local scrip and accepts checks. Postmasters may soon take checks for stamps, easing distribution.
Washington reports the treasury allows a cautious reopening of banks with clearing house certificates to replace money after Friday. Scrip, backed by sound assets, will be prorated to creditors or depositors and revocable if inconsistent with a broader plan. Secretary Woodin issues initial regulations permitting banks to operate as needed to meet essential needs.
Greece faced a crisis as military and political leaders disputed power. General Condylis threatened to march on Athens from Larissa with troops unless the popular party gained control within 24 hours. Provinces reported garrisons moving on the capital. one person was killed and 25 injured in overnight disturbances. Ex premier Venizelos announced retirement and a departure by destroyer.
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