Morgan Rules In King In Affairs Of Partnership
Senate investigators disclose J P Morgan is the final decision maker in partnership disputes. Records show Morgan could compel withdrawal of partners and set owed funds, while 1929 United Securities profits and 1930 unsecured loans to utilities are cited. Pecora unveils list of clients and totals, with tax figures and remarks on critics.
MENTIONED IN THIS ARTICLE
Morgan
Washington
Morgan Enterprises
Senate
J. P. Morgan
Banking Committee
Ferdinand Pecora
John W. Davis
George Whitney
Tts United Corporation
Whitney
Morgan and Company
United Holding Group
Pecora
Harvey ©. Couch
Reconstruction Corporation
Morgen Partners
Dot
King
New York
John C. Hackett
Hackett
United and Companies
United
Columbia Gas and Electric
Niagara Hudson
United Gas Improvement
United Corporation
P. G. Gossler
Columbia
Minutes of
The
Ture
Hope For Quick Action At London Conference
Secretary of State Hull outlined aims of the American delegation to the London Economic Conference aboard the President Roosevelt. He stressed day and night sessions, limited speeches, and a lack of petty trading spirit to achieve quick decisive action. Hull linked economic talks to Geneva disarmament efforts and predicted broad principles and early gentlemen's agreements on gold conservation and coordinated internal policies for public works and industry revival.
MENTIONED IN THIS ARTICLE
S. S
Roosevelt
London
Hull
Geneva
Davis clarifies U S arms stand at disarmament talks
Norman H. Davis, Roosevelt's spokesman, told the disarmament conference that the United States backs international supervision of armaments but will not promise in advance to join penalties against violators. He stressed support for moral pressure and warned against implied obligations to enforce penalties. The conference recesses to June 27 as negotiators draft a revised army limitation treaty.
MENTIONED IN THIS ARTICLE
Geneva
Norman H. Davis
Roosevelt
United States
Washington
Davis
Mr. Davis
Nominations Open for Chicago World's Fair Guest Seats
Readers are urged to nominate four local girls to win an expenses paid trip to Chicago. Merchants award 100 votes per dollar spent, with window cards promoting the contest. Nominations and votes appear in this paper, as winners join Miss Bluefield in a special party and replica stockade tour.
MENTIONED IN THIS ARTICLE
Daily Telegraph
Sunset News
Chicago
Bluefield
Vnl
Steel and Labor Clash Over Industry Bill Revisions
Washington June 1. Senate finance panel to rewrite administration industry recovery public works tax bill after sharp clashes between steel and labor interests. Committee will study complaints against licensing and labor protective clauses while considering changes to fund a 3.3 billion bond issue. Lamont of the American Iron and Steel Institute cited the right of workers to join any union and ban on company unions.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Harrison
Ickes
House
Ways and Means
Finance Committee
Arsa
Robert P. Lamont
American Iron and Steel Institute
Four Roanoke engine crew hurt in sidewiped locomotives
In West End yards at Roanoke early yesterday two Norfolk and Western locomotives sidewiped injuring four crew members. Engineer E. Bateman and engineer M. H. Fitzgerald suffered severe injuries. fireman Leban Welch and fireman Fred L. Talbert were lightly hurt or burned. Bateman’s crushed leg and burns prompted blood transfusions and possible amputation. Welch sustained scalds. Fitzgerald and Talbert suffered facial, wrist, ankle, and leg injuries. The collision occurred as engine 2108 backed west and engine 1448 backed east. the latter was nearly demolished with a boiler burst and steam cloud. Officials said the cause would take days to determine and noted rapid ambulance response and lengthy rescue.
MENTIONED IN THIS ARTICLE
Norfolk and Western
West End
Roanoke
KE. E. Bateman
Leban Welch
Fred L. Talbert
M. H. Fitzgerald
Bateman
Lewis-Gale Hospital
Welch
Fitzgerald
Talbert
Shaffer's Crossing
Lewis Gale Hospital
De Pinedo Aims Nonstop Record Flight New York to Bushire
General Francesco De Pinedo plans a non stop attempt to beat the world distance record of 5341 miles by flying from New York to Bushire Persia in a single leg. He tunes his craft at Ployd Bennett field and foresees a take off in the near future.
MENTIONED IN THIS ARTICLE
Ployd Bennett Field
Francesco de Pinedo
de Pinedo
New York
Bushire
Persia
Roosevelt Seen Not Seeking Debt Compromise Says Robinson
Senator Robinson densely rejects claims that President Roosevelt favors cancelling or heavily reducing foreign debts. He denies intent to define administration policy on debt collection or compromise. Robinson notes no disregard for existing law and cites Bingham’s London speech as misdirected criticism of US policy.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Senate
Robinson
Robinson Republican
Indiana
William C. Bullitt
Arkansas
Indiana Robinson
London
Robert W. Bingham
Assertirts
Bingham
United States
Amherst Students Break Up Red Meet at College
In Amherst Massachusetts a meeting of about twenty freshmen labeled radicals was disrupted by around 100 other freshmen. The session included the burning of the American flag and left three self styled communists injured though none required hospital care. The clash ended after about an hour.
MENTIONED IN THIS ARTICLE
Amherst
Mass
Amherst College
Sizeable Drop Noted in Requests for Aid
Washington reports a sizable April decline in federal aid requests and total loans from the Reconstruction Finance Corporation. March loan authorizations reached $233.195 million, while April fell to $195.582 million, with bank loans dropping from 1,178 applications totaling $131.045 million in March to 420 applications totaling $97.68 million in April. State loan figures include Kentucky 281,300 dollars and Maryland 1,734,000 dollars among others.
MENTIONED IN THIS ARTICLE
Washington
Congress
Reconstruction Corporation
Corporation For Business and Relief
Kentucky
Maryland
Ohio
Pennsylvania
Tennessee
Virginia
West Virginia
Mite of a Woman Sparks Tempest in Morgan Hearing
In Washington a circus midget named Lyn Graf was placed on J P Morgan's knee during a banking committee session, provoking laughter and controversy. Photographers were barred, committee officials protested the incident, and Morgan spoke to the midget as to a child while denying any complicity.
MENTIONED IN THIS ARTICLE
Drexel and Company
United Corporation Securities
Morgan and Company
Niagara Hudson Power
Couch
Niagara Hudson
Owen J. Roberts
United
Supreme Court
Lyn
Morgan
Edge
Fletcher
Washington
Senate Banking Committee
J. P. Morgan
Modent
Mise Graf
Eir
Brown
Frank Braden
Capitol
White House
Reach Agreement on Capitol Strike Ends Work Stoppage
Representatives of striking common laborers and the Lundoff Bicknell company of Chicago signed an agreement ending the strike that halted construction on the North Dakota capitol building. The stoppage began May 16 and halted operations until a settlement was reached on June 1 in Bismarck North Dakota.
MENTIONED IN THIS ARTICLE
Bismarck
N. D
Lundoff-Bicknell Company
Chicago
North Dakota Capitol
Bank Robbery Adds To Grimes Of Hunted Felons
Six men held up the Bank of Chelsea Oklahoma and fled after a hail of over a dozen shots. The gang linked to a Memorial Day prison break in Lansing Kansas, now faces kidnaping and motor car theft charges along with the robbery. Fugitives spread across Missouri Kansas Oklahoma and Arkansas as a nationwide search covered four states.
MENTIONED IN THIS ARTICLE
Chelsea
Oklahoma
Okla
Kansas
Bank of
Faye Raymond
Ed Chiles
Ralph Vandergriff
Allane
Wilbur Underhill
Lansing
Kans
Charles Hall
Detroit
Fred Baker
Ferndale
Mich
Marshall Plankey
Marshall
Guthrie
Ozark
Kirk Prather
Welch
Missouri
Arkansas
Guard Bridges Memphis Jail Area In Police Action
Memphis units report June 1 as police machine gun squadron guards key locations. No injuries noted. Authorities say operation aims to deter crime and secure the downtown corridor. Further details withheld by police pending investigation.
MENTIONED IN THIS ARTICLE
Memphis
Tenm
Lindy Mitchell Hear In Inquiry On Airship Program
Washington reports a congressional joint inquiry on the Akron disaster featured Col Charles A. Lindbergh and Brigadier General William Mitchell advocating continued lighter-than-air research as essential to aviation. Critics including Col J M Patterson and editors urged caution, while Emile Gauvreau and Henry Guggenheim urged shift toward heavier-than-air craft as the longer-term trend.
MENTIONED IN THIS ARTICLE
Washington
Charles A. Lindbergh
Navy
Akron
Lindbergh
William Mitchell
Mitchell
J. M. Patterson
New York Daily News
Cleveland Rodgers
Brooklyn Daily Eagle
Emile Gauvreau
New York Daily Mirror
Harry F. Guggenheim
The
Daniel Guggenheim Foundation For the Promotion of Aviation
Patterson
Rodgere
Gauvreau
Guggenheim
Startling Rapidity Marks House Vote On Budget Measure
The House quickly approved a budget measure amid swift proceedings. Senate investigators cited J P Morgan as final decision maker in banking disputes. Secretary Dern announced a near completion of a war department economy program to sustain army strength. Roosevelt faced no concession on foreign debts per Senator Robinson. Washington Post sold at auction for 825000 dollars. Wagner Peyser bill backed a federal state employment service. Guy T Halvering confirmed as internal revenue commissioner. Ickes proposed a Capper Marland oil bill substitute allowing presidential regulation to supplement estate oil conservation rules.
MENTIONED IN THIS ARTICLE
Senate
J. P. Morgan
Dern
War Department
Robinson
Roosevelt
Washington Post
House
Wagner- Peyser
Guy T. Halvering
Kansas
Internal Revenue
Ickes
House Approves School Aid Plan
Charleston June 1 West Virginia house approves a new method of distributing state school funds as part of a revised educational administration system. The budget bill totals about 24.4 million dollars for two years and includes 11 million for school aid plus other Gov Kump priorities. The measure directs state funds to county boards for four months of teacher salaries with counties financing the rest. Governor Kump urges a balanced budget and warns of possible reductions if revenues fall.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
House
Senate
Coffindaffer
Harrison
Kump
Pelter
Logan
Holt
Lewis
Department of Agriculture
Proposed Conservation Commission
Road Commission
Postmasters to Meet in Bluefield West Virginia
West Virginia postmasters from sections across the state will gather in Bluefield for a two day annual session of the National League of District Postmasters. About 150 postmasters are expected to attend with sessions at the West Virginian hotel starting Monday at 9 30 am and concluding Tuesday afternoon with officer elections and the 1934 convention city chosen. Congressman John Kee will speak at the annual banquet Monday evening and H R Parvin of Ramsey New Jersey will appear among other speakers. This marks the first time Bluefield has hosted the organization’s annual meeting.
MENTIONED IN THIS ARTICLE
West Virginia
National League of District
West Virginian Hotel
John Kee
West
Also Mentioned on This Page
West Yard
Lindy
W. Va
House of Delegates
Rairden
Mason
McClintic
Erat
Greenbrier
National Organization
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