06 Mar 1933
Page 1
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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Mar 06, 1933
Page
1
Reported at the Capitol Roosevelt aides push for fast action on banking and emergency measures. A two thirds party caucus would bind lawmakers to the Roosevelt program as the special session nears noon Thursday. bankers’ deposit guarantees and banking reforms loom large in the debate.
Ohio banks moved toward a four day moratorium as President Roosevelt’s banking holiday order halted state actions. Banks closed all operations including trust accounts though safe deposit boxes could be accessed at bank discretion. Officials sought a Treasury ruling on freeing new Ohio free trust accounts for depositors.
Detectives investigate the murder of Miss Mary T Old, described as stabbed to death with scissors in her apartment. The killer is believed to be after money he thought she possessed, with authorities noting a slayer motive and connections to a cosmetics sale.
Herbert Columbus, the Committeeman of Shin, told members that the committee will push for reductions in annuities to veterans and to make a simple balance in the nation. The meeting discussed supporting organizations and new reforms.
Engravers print ready currency backed by solid security to restore daily trade after banking unrest. Banks may issue scrip as substitute exchange under Roosevelt decree. New York prepares to issue clearing house certificates tomorrow.
Berlin reports a sweeping Nazi victory in Sunday's election with gains in both Reichstag and the Prussian State Diet. Hitler promised the national revolution continues as the Reichstag convenes April 1 at Potsdam. Hamburg was seized by Nazi forces, prompting the resignation of Lord Mayor Carl Petersen.
Nation pays final respects to Thomas J. Walsh at a nationwide funeral in Washington. President and top officials attend as Archbishop Curley officiates the Catholic burial service for the Montana senator once obscure but now respected for leadership.
Mrs. Iva Henderson Reed aged 39, former teacher in Toledo Akron and Youngstown schools, died in a Toledo hospital Sunday. She was a graduate of Ohio University Athens.
Dorothy Ellingson, 24, once jailed for manslaughter in her mother’s death, was arrested in San Francisco on grand theft after allegedly stealing a $300 ring, a $175 bracelet, and a $35 dress from former roommate Miss Mary Ellis to attend a party. She was released on $100 bail.
The Senate confirmed six major Roosevelts picks including William T. Phillips as under secretary of state Raymond I. Moley as assistant secretary of state Wilbur J. Carr as assistant secretary of state Henry Morgenthau as chairman of the Federal Farm Board T D Webb of Nashville and William F Stevenson of South Carolina to the Federal Home Loan Bank Board The chamber adjourned sine die.
Ohio lawmakers move to act on emergent measures as Roosevelt and governors confer. A Senate committee considers a bank depositor security fund while the House studies guarantees for bank deposits. Other proposals include unemployment insurance highway police wage limits and reapportionment.
Ten people died in Ohio accidents over the weekend per United Press. Victims include Rowena June King 12 and Milton O'Neil 47 of Toledo, Bercie Stearns 39 Cincinnati, W. A. Haas 60 Cleveland, Corporal James Snyder 3 Fort Hayes Columbus, Bernard Baute 11 Cincinnati, Hazel Hynes 36 Columbus from clothing fires, Charles Logan 65 and Joe Metzinger 65 from poison alcohol in Youngstown, and Peter F. Syfers 62 Columbus who fell a stairway.
A man believed to be 65 year old Charles Berard of McConnelaville Ohio died at Allegheny General Hospital after being struck by a car while crossing a Pittsburgh street.
President Roosevelt’s four day modified banking holiday runs from midnight tonight to Thursday night. Banks may not pay out funds unless the secretary of the treasury authorizes. The secretary may allow resumption of payments, issue clearing house certificates against bank assets, or authorize special trust accounts for on demand deposits.
Anton J. Cermak Tony, mayor of Chicago twentieth century politics figure, died in Miami at 6 55 a m after a 19 day battle with complications from a bullet wound. Grand jury summonsed to indict Giuseppe Zangara for first degree murder, already serving 80 year sentence for assault with intent to murder. Chicago factions seize on death to push political conflicts, charging a one man government risk.
A crazed gunman, in a street battle with police, killed three men including a bank guard before he and the other gunman were shot by a detective. Eight others were wounded on a Cleveland West Side day. Officers and a rail inspector were among the injured.
An 18 year old Steubenville girl Juanita Montgomery was fatally injured when an automobile overturned after striking a curbing at Sheridan Circle while sightseeing after the presidential inauguration. The driver James K Hughes 22 a close relative was released in custody of a brother pending coroner action.
The Ohio Democratic congressional delegation in Washington announced support for seven Ohioans to government posts. Named were Thomas E. Dye Urbana assistant secretary of agriculture W W Durbin Ken ton commissioner of internal revenue W C Martin Monroeville narcotics inspector Daniel Jones Newark Federal director of prisons Walter Caleb Cleveland assistant secretary of treasury James Morton Akron Federal trade commissioner Nathan McCoy Columbus director of the U S Reformatory at Chillicothe.
Will from Santa Monica writes a letter praising President and bankers, claiming national happiness from bank closures and Congress actions, expressing bold support even amid chaos and distrust of the system. The writer urges drastic change and signals defiance against establishment.
The nation faced banking holidays and widespread cash shortage with merchants, railroads, and theaters accepting IOUs and credit. Citizens traded $100 bills for less, while scrip loomed as a possible substitute amid public calm and curiosity about new currency options. A New York Bank Note plant guarded the process of issuing certificates.
Mrs. Franklin D. Roosevelt starts organizing the White House on her first working day coordinating unpacking and staff. She brings several servants from New York, assigns Nesbitts as chief book keeper and house keeper, and plans a 25 percent cut in White House operating expenses.
Chicago faces a bank crisis with futures trading halted at the Board of Trade for the first time in 86 years while the livestock market and cash grain dealings stay open. Bankers respond by setting up a central cash station at the National Bank of the Republic to exchange large bills.
Reports from Peiping say over 1,000 Chinese soldiers were killed wounded or missing as Japanese forces bombarded two retreating brigades trying to reach the Kupeikow and Hasifengkow Passes. Marshal Chang Haueh-Liang commanded about 20,000 men in the action amid intense cold.
The Stedman Co states that until further notice no livestock will be revene at their plant. This notice appears in the current paper edition.
President Roosevelt declares a four day bank holiday via midnight order, forbidding banks to pay out gold or currency and embargoing gold export. Preparations enable banks to issue emergency currency as clearing house certificates to supplement regular funds.
Secretary Woodin said a national medium of exchange would be ready by tomorrow to meet demands for groceries and essentials. Clearing house certificates in small denominations will circulate to stop bank runs while Congress acts, allowing liquid banks to resume normal operations with new deposits playable on demand.
A cyclone in Memphis Tennessee damaged the Shelby County Hospital, causing at least two deaths and many injuries. Rescue crews evacuated patients from the three story brick building after a roof and east wall caved in, with the men's ward hardest hit.
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