House Voters Move to Oust Gold Standard
The U S House voted 283 to 57 to require legal tender for all government and private obligations, eliminating the gold clause. The measure, backed by the administration, aims to pay debts in legal money and equalize value with gold. Critics call it repudiation of about 100 billion in contracts.
MENTIONED IN THIS ARTICLE
Washington
House
Treasury
United States
Senate
Banking Committee
Luce Republican
Massachusetts
Luce
Congressional Committee
Senate Banking Committee
Rules Committee
Senate Passes Railroad Economy Measure
The Senate approved the administration railroad economy plan suspending antitrust laws for a year to let a federal coordinator and three regional committees streamline rail operations. It includes joint use of terminals and track aging, and financial reorganization to cut fixed costs and boost credit. The bill also preserves a recapture clause repeal and federal regulation of holding companies. It moves to the House for action with related bills already under review by the Interstate Commerce Committee.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Interstate Commerce Committee
Eastern
Western
Independent Offices
Meyer Wins 500 Mile Indianapolis Race Amid Fatal Crashes
Louis Meyer of Huntington Park California won the 500 mile Indianapolis race in 4 hours 48 minutes 0.55 seconds at an average speed of 104.172 mph, a record. Two drivers Mark Billman and Lester Spangler and mechanic G L Jordan died from crashes, with two others injured. The race was slowed twice to clear wreckage on the treacherous two and a half mile brick track.
MENTIONED IN THIS ARTICLE
Indianapolis
Lester Spangler
Los Angeles
G. L. Jordan
Lafayette
Ind
Meyers
Freddie Frame
California Permitted to Vote on Repeal
California Supreme Court refused to block the June 27 prohibition repeal election. Richard M. Cannon and three Los Angeles men sought to halt ballot printing and pledged to continue the fight, possibly before the U S Supreme Court.
MENTIONED IN THIS ARTICLE
San Francisco
State Supreme Court
California
Richard M. Cannon
James Cannon
Los Angeles
United States Supreme Court
Morgan & Co. Stock List Names Coolidge and Celebrities
Senate banking inquiry reveals J P Morgan and Company sold stock below market to famous figures including Calvin Coolidge who bought 3000 shares at 32 in 1929 after leaving the presidency. Others named: Woodin Lindbergh Pershing Raskob Baruch Davis Davis McAdoo. The bank denies high pressure sales and cites 6 024 444 200 of securities marketed since 1919.
MENTIONED IN THIS ARTICLE
Washington
J. P. Morgan and Company
Calvin Coolidge
Senate Banking Committee
Banking House
Robinson
R. Ind
Norman H. Davis
America
Woodin
Davis
Morgan Company
John W. Davis
Morgan House
George Whitney
Morgan
Johns-Manville Corporation
Man Struck by Car Near Kent Ranch. Leg Broken
Tom Undheim, about 60, a Grey Cliff laborer, sustained a broken right leg and two head cuts when hit by H G Riddle of Belfry while Riddle drove with his daughter and two girls aboard. Riddle says a road grader was ahead. witnesses dispute speed. Undheim transported by a passing Nash. Riddle questioned by authorities with no immediate hit and run charge expected.
MENTIONED IN THIS ARTICLE
Tom Undheim
Grey Cliff
H. G. Riddle
Belfry
Carbon County
Riddle
Bozeman
Tom Kent
Andem
Nash
Andheim
Orphan Girl Mine Resumes Operations in Butte Soon
The Orphan Girl mine in Butte will be conditioned for full production within 30 days under J. R. Hobbins of Anaconda Copper. Ore will reach the surface in two weeks as the zinc concentrator at Anaconda reopens, creating part time work for 300 to 400 men and about 100 more at the plant, with reconditioning to take two to three weeks.
MENTIONED IN THIS ARTICLE
Orphan Girl Mine
Butte
Orphan Girl
Anaconda Company
J. R. Hobbins
Anaconda
Farley predicts repeal of federal income tax this year
Postmaster General Farley said repeal with its tax relief will be part of a state constitution this year, citing recent repeal victories in New York Delaware and Nevada and expecting enough states to move to hold elections.
MENTIONED IN THIS ARTICLE
New York
Delaware
Nevada
Farley
State funds bonds near full sale in Montana
Helena Mont May 25 State Treasurer James J Brett reports orders for 10000 worth of the state funding bonds and more than 4000000 of the 4500000 issue have been taken up He has replied to inquirers about reserving bonds for investments maturing July 1
MENTIONED IN THIS ARTICLE
Helena
Mont
James J. Brett
Brett
Mary Cremer Graduates at St. Vincent's Helena
Helena May 31 Governor Cooney will be the commencement speaker at graduation exercises of St. Vincent's academy here June 2. Among those who will graduate are Betty Allard of Billings Rosanne Comeau of Boulder Mary Cremer of Big Timber Irene Felsheim of Cody Wyoming and Marie Murphy of Butte.
MENTIONED IN THIS ARTICLE
Helena
Cooney
S. Vincent’s Academy
Betty Allard
Billings
Rosanne Comeau
Boulder
Mary Cremer
Big Timber
Irene Felsheim
Cody
Wyo
Marie Murphy
Butte
Resident Alien Japanese Denied Montana Fishing License
The Montana attorney general ruled that an alien Japanese who is ineligible for citizenship cannot obtain a resident fishing license. He may be a taxpayer and reside in a city for over ten years, but still not qualify for the resident rate. He may still obtain a license at the alien fee.
MENTIONED IN THIS ARTICLE
Helena
Attorney General
Montana
Stock Market Rises Amid Profit Taking May Holiday
New York A May 29 profit taking in anticipation of a Tuesday holiday failed to dent the stock market. Prices rose to a new average high since November 1931 as volume reached 6,953,740 shares, a level surpassed only once in three years, on April 20 of this year with 7,198,000 shares.
MENTIONED IN THIS ARTICLE
New York
Big Timber Golfers Shine at Livingston Memorial Day Meet
Big Timber golfers posted strong showings in a Livingston Memorial Day tournament. Bob Hart finished runner up in the first flight after five extra holes, G A Berges captured the second flight, and Franklin Baker of Livingston won the overall title by one hole over Bozeman’s Dr. E Holm.
MENTIONED IN THIS ARTICLE
Big Timber
Livingston
Bob Hart
G. A. Berges
Franklin Baker
Dr. E. ©. Holm
Bozeman
Injured Man Rescued After Five Hours Wait
Donald McLeod 28 machinist Anaconda Mont lay five hours after his car was sideswiped into a ditch on the Lakes highway west of Anaconda. He suffered a compound fracture and loss of blood with bones splintered and protruding. Rescue by a passing motorist followed. Amputation considered.
MENTIONED IN THIS ARTICLE
Anaconda
Mont
Donald McLeod
McLeod
Lakes Highway
House Approves Farm Credit Bill in Record Time
Washington May 31 The Roosevelt bill to funnel 600 million dollars into federal farm credit facilities under a single director passed the House without a standing vote or full attendance and was sent to the Senate. The measure known as the farm credit act of 1933 came from the agriculture committee.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Agriculture Committee
High Salaries Cut by Reconstruction Corp Ruling
Washington May 28 executives of corporations drawing loans from the Reconstruction Finance Corp must reduce salaries or prove compensation is not excessive. Jesse H. Jones announced the rule which was applied to Southern Pacific with 23 million dollars in loans, mandating 10 to 60 percent cuts.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Corporation
Congress
Jesse H. Jones
Southern Pacific Company
Southern Pacific
Body found with throat cut on freight train at Dillon
The body of an unidentified man with a cut throat was found in a southbound freight train boxcar at Dillon. A blood-stained razor was recovered. Nine men in the car were questioned and two suspects, Frank Rose and James Reed, are held.
Temperature Question as City Eyes August Highs
Memorial Day readings show 93 degrees in the shade prompting speculation on how high the mercury may climb by August as residents weigh heat impact and public comfort measures in the city.
Maj Wallis Huidekoper Chosen Stockgrowers President
Maj Wallis Huidekoper of Twodot was elected president of the Montana Stockgrowers Association at the conclusion of its forty-ninth annual convention in Bozeman. Miles City will host next year’s golden anniversary convention. Officers include Julian Terrett and Joe Metlen. Weather curtailed a Gallatin valley cattle tour. Gov Frank H Cooney praised pioneers of Montana livestock and urged local processing to keep meat in state. Dr W J Butler noted low tuberculosis rates and endorsed inspection and grading. Paul Carpenter and J K Wallace discussed market trends and demand for smaller beef cuts.
MENTIONED IN THIS ARTICLE
Bozeman
Wallis Huidekoper
Twodot
Montana Stockgrowers Association
Miles City
Old Cow Town
Julian Terrett
Brandenburg
Joe Metlen
Dillon
Gallatin Valley
Montana
Chicago
W. J. Butler
State Sanitary Board
Butler
State Department
Manna
J. K. Wallace
Federal Department of Agriculture
Huntley Farmer Held After Beet Howler Death
Julius De Kettle a 41 year old Huntley farmer is jailed as deputies probe the death of Henry Linclan 53 beet worker found beaten at De Kettles place two miles north of Osborn. Linclan died en route to the hospital autopsy set for Monday and an inquiry Wednesday afternoon. De Kettle admits striking with a chair in self defense saying Linclan threatened him with a knife. Linclan and De Kettle reportedly knew each other 20 years and Linclan had head body bruises and broken ribs with shotgun pellet like marks on his back according to the undertaker.
MENTIONED IN THIS ARTICLE
Billings
Huntley Project
Julius de Kettle
Henry Linclan
de Kettle
Osborn
Linclan
Eri M. Farr
Frank Smith
Chris Demel
DeKettle
George Lettergren
Coroner’s Jury Rules Beating Caused Linclan Death
A coroner's jury ruled that Linclan died of shock after a beating by De Kettle. The jury also believed De Kettle acted in self defense while Linclan attacked him.
MENTIONED IN THIS ARTICLE
Linclan
de Kettle
Henry Linclan
Nevada falls short of full wet status in Lund result
Nevada's bid for 100 percent wetness in the prohibition repeal precinct delegate election was marred by Lund White Pine county where one dry delegate was chosen. Nevada named 735 wet delegates who will pick 40 representatives for the state convention at Carson City on June 10, with the state meeting set for September 5. Lund is a Mormon community near the Utah border.
MENTIONED IN THIS ARTICLE
Reno
Nev
Nevada
Lund
White Pine County
Carson City
Utah
Means and Whitaker get two year terms in Lindbergh hoax case
Gaston B. Means and Norman T. Whitaker were sentenced to two years each for conspiracy to defraud Mrs. Evalyn Walsh McLean of 35000 dollars in a Lindbergh baby hoax. Judge Daniel W. O. Donoghue imposed the sentences in the District of Columbia supreme court.
MENTIONED IN THIS ARTICLE
Washington
Gaston B. Means
Norman T. Whitaker
Evalyn Walsh McLean
Daniel W. O. Donoghue
District of Columbia Supreme Court
Charles A. Lindbergh
Means
Department of Justice
McLean
Edward B. McLean
The
Washington Post
Lindbergh
Wheeler Proposes Bill to Consolidate Indian Bureau Funds
Chairman Wheeler of the senate Indian committee introduced a bill to lump annual appropriations for the Indian bureau starting with the next fiscal year. The measure has the approval of the interior department.
MENTIONED IN THIS ARTICLE
Washington
Wheeler
Mont
Senate Indian Committee
Indian Bureau
Interior Department
Senate Passes Glass Bill to Guard Bank Deposits
The Senate approved a revised banking bill aimed at preventing another March banking shock. It creates both emergency and permanent deposit insurance, separates banking from investment businesses, and backs guaranteed deposits up to 2500 dollars in reserve member and solvent state banks. The Glass measure forms a $2 billion reserve corporation effective July 1 1934 with the first 10000 of a deposit guaranteed.
MENTIONED IN THIS ARTICLE
Washington
Senate
Carter Glass
House
Long
Glass Permanent
Vandenberg
Mich
Federal Reserve
Also Mentioned on This Page
U. S
McFadden
Pennsylvania
Hoeppel
Louis Meyers
Morgan & CO
Kent Ranch
ST. Vincent’s, Helena
Finance Corp
Maj
Stockgrowers
Huntley Farmer
Gaston B
Bill
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