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Newspaper
Bessemer Herald
Location
Bessemer, Michigan, United States of America
Date
Jun 15, 1934
Page
4
The text defends bankers’ integrity after the financial crisis, noting only a small minority erred and praising those who guided banks safely through disaster. It argues public anger is irrational, driven by demagogic voices, and that millions of depositors retained confidence.
Federal Reserve System and Comptroller of the Currency launch uniform trust department examinations aligning with commercial bank reviews. Experts staff twelve districts, with trials in Boston, Atlanta, Richmond, and Chicago. State banks join the program as state authorities adopt Federal policies for standardized trust oversight.
W F Doyle of Menominee says he will not seek a second term in the state senate and will leave the legislature to become sales manager at a Menominee manufacturing firm. He will campaign as a private citizen against the state sales tax liquor control and state store setup and push legislation to lower interest on small loans. Ray Derham of Iron Mountain has not spoken on his plans for the election year.
Clarence E. Lott Marquette county prosecuting attorney for eight years announced his bid for the Republican nomination to the state senate from the thirty first district which includes Ivan Marquette Dickinson and Gogebic counties He said he would not run again for prosecuting attorney and noted his background in Iron River education military service and American Legion activity He is a son of I P Lott of Iron River and has practiced law for 13 years after moving from Iron River to Marquette county
Michigan Republicans plan a July 6 and 7 pilgrimage to honor the party’s 80th founding anniversary. National leaders including Henry P. Fletcher will attend at Chicago’s invitation. Delegations from Michigan parties and congressmen will travel “back to the Oaks” for the ceremonies and keynote address.
Kenton in Houghton county will formally dedicate the new and augmented high school on June 15. Twenty eight graduates will receive diplomas at the commencement. The building combines the old high school with the moved Golden Glow school, consolidated after a winter relocation. Attendance rose about 280 percent in five years.
The Upper Peninsula State Fair at Escanaba will open with improvements funded under an SWD program. About 50 relief labor workers will repaint all buildings reroof the horse barn level the mid way grounds install water mains and upgrade the race track. A birling pool is planned near the midfield by the grandstand.
The Menominee river turning basin between Menominee and Marinette will be widened by 200 feet and lengthened by 75 feet. Col H M Trippe announced the project with C A Goodman of Marinette donating government property and permission to remove part of the Sawyer Goodman dock. The expansion, costing about 83000 dollars, will be funded with federal money and aims to greatly improve the harbor for both cities.
The city of Menominee aims to finish the large breakwater along Sheridan road by matching local funds with federal support. The federal government invested nearly $30,000 through June 1, and local funds of $4,000 to $10,000 are sought, with property owners pledging about $3,500 contingent on city participation. The seawall will improve harbor safety and provide ample anchorage for yachts and small craft.
The Michigan tax commission raised iron ore mine valuations about five percent above appraised figures, totaling 86 155.2?% for three ranges versus last year’s 366.04 million. Assessing officers in mining counties were informed of changes as Lake Superior district shipments reached 42 458 621 tons, up from 44 288 tons in the prior period. The brief mentions Mayo iron shipments and Essen aba port lacking.
Charles E. Lawrence retires after more than thirty years with Pickands Mather Co, most recently serving as general superintendent of the western Menominee range properties. W. G. Hanon succeeds him as assistant general superintendent. Lawrence began as a clerk in 1881 with Republic Iron and later held key posts across Michigan Minnesota and Ohio.
Fron mining companies in St Louis County Minnesota have withheld part of their first payment taxes for 3933 on properties to be involved in impending tax delinqu ency suits. The amount is about equal to what was withheld in the last half of 3833. First half payments due May 33 by min.
A simple batter beaten with stiff egg white and shredded coconut. Fold in milk and vanilla then drop spoonfuls onto a buttered pan and bake in a moderate oven until light brown and set.
Date Dandies use dates for bodies hands and feet with dried currants for features and marshmallows for heads. Create cute date dolls or animals as party place cards and decorations for children's events. Herald want ads pay.
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