Raskob Denies Short Selling in GM Trades Before Senate Panel
Democratic national committee chairman John J. Raskob faced charges of selling General Motors stock short, which he denied strongly. Counsel William A. Gray cited 40,000 shares short in 1928 and 58,000 in 1927 while Raskob claimed only two technical occasions. The hearing mixed politics with finance as witnesses described stock pools and campaign-fund questions.
MENTIONED IN THIS ARTICLE
Washington
Democratic National Committee
John J. Raskob
Senate Banking Committee
William A. Gray
Raskob
General Motors
Gray
Glass
Virginia
David Lion
New York
Hoover
Walcott
Connecticut
Norbeck
Earhart Receives Grand Welcome in Paris
Amelia Earhart arrives in Paris from London to accept honors for her solo Atlantic flight. Crowds cheer "The Girl Lindbergh" as police protect her, with embassy staff escorting her to a hotel and prompting repeated balcony appearances. The welcome begins as she disembarks at the Cherbourg railway.
MENTIONED IN THIS ARTICLE
Paris
France
Amelia Earhart
Lindbergh
London
Atlantic
Chers~bourse
Mystery Flier Soaring Eastward on Atlantic Flight
The report covers two aviation stories. Stanislaus Hausner, 31, departs from Floyd Bennett Field toward Poland in a 4400 mile planned flight with his wife and supporters watching. No sighting reported hours after takeoff, with plans to reach Croydon if fuel allows.
MENTIONED IN THIS ARTICLE
New York
Stanislaus Hausner
Newark
N. J
Poland
Martha
Floyd Bennett Field
Hausner
Usher
British Isles
Croydon
London
Veterans press for bonus as Washington camps swelled
Washington police said they would stop feeding the growing veterans camp when funds run out, with about 1,000 campers in city shelters and 5,400 feared on the way. Brigadier General E D Glassford pledged evacuation plans as veterans press the Patman petition for a bonus vote and march toward Anacostia park for shelter and organization.
MENTIONED IN THIS ARTICLE
Washington
E. D. Glassford
Glassford
Congress
Patman
Anacostia Park
Navy Yards
Anacostia
Emanuel Levin
Samuel J
Prohibition plank debate stalls in Republican talks
Washington June 3 The Republican high command pushed to draft a prohibition plank but rounds of conferences produced no conclusions Garfield led the platform drafting group with Senators Watson Reed and Moses and planned further meetings with Borah and other lawmakers. A strong faction favors resubmission of prohibition, but how to propose it remains uncertain.
MENTIONED IN THIS ARTICLE
Washington
Republican High Command
James R. Garfield
Hoover
Senate
Watson
Indiana
Reed
Pennsylvania
Moses
New Hampshire
Garfield
Borah
Idaho
Prohibition
Congress
Judge Kump Resigns From Twentieth Judicial Circuit
Elkins West Virginia June 3 Judge H G Kump Democratic candidate for governor announced he has mailed to Gov William G Conley his resignation as judge of the Twentieth judicial circuit effective August 1 His circuit covers Randolph and Upshur counties He was elected judge in 1928
MENTIONED IN THIS ARTICLE
Kump
Elkins
W. Va
Circe
H. G. Kump
William G. Conley
Twentieth Judicial Circuit
Randolph
Upshur
Hindenburg Declared Virtual Dictator of Germany
Berlin reports President Hindenburg assumed virtual dictatorial power with the approval of Hitler and the Nazis after dissolving the Reichstag by decree. A general election is mandated within sixty days, likely in July, to test Nazi control amid looming bitter campaigns and coalition talks.
MENTIONED IN THIS ARTICLE
Berlin
Paul von Hindenburg
Germany
Adolf Hitler
Reichstag
Franz von Papen
Hitler
Prussia
Two Executed in Ohio Penitentiary Double Homicide
Columbus reports Henry Loudermilk and Walker Brown were executed at the Ohio Penitentiary for the December murder and robbery of Pickaway County farmer John Kidney. The six gang members included four other Negroes. two face further execution while the remaining two received life terms.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Henry Loudermilk
Walker Brown
Loudermilk
Brown
John Kidney
Pickaway County
Circleville
New Revenue Bill Advances On Capitol Hill Near Hoover Handoff
The 1935 revenue bill clear the House final stages with a $1,119,000 provision and a plan to balance deficits using $250,000,000 in economies. Senate debate focuses on the national economy measure while tax provisions, tariffs, and energy taxes are refined before a possible presidential submission.
MENTIONED IN THIS ARTICLE
Washington
Capitol Hill
House
Senate
Hoover
Treasury
Hoaxer Curtis to enter not guilty plea
John Hughes Curtie of Norfolk Virginia boatbuilder will plead not guilty at arraignment in Flemington New Jersey on a reported indictment charging gross deception in the Lindbergh kidnapping case. Prosecutor Anthony Hauck said bail reduction to 5000 may be sought and defended.
MENTIONED IN THIS ARTICLE
Flemington
N. J
John Hughes Curtie
Norolk
Anthony Hauck
Hunterdon County
Curtis
Pennsylvania Lines Revamp Departments
The Pennsylvania railroad announced a reorganization of its passenger and freight departments effective June 1. The changes affect many job titles across the system, with unclear notes on whether positions are promotions or mere title changes.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Railroad Today
Washington Briefs in Congress Pass Tax and Relief Measures
Chairman John J. Raskob denied a senate banking panel charge of short selling. Congress approved a $1.119 billion tax bill for House action. The Ways and Means Committee backed a $2.32 billion Garner relief bill. The Foreign Affairs Committee endorsed a World Economic Conference participation resolution. A second deficiency bill of $15.399 million was taken up at the last regular appropriation. The Senate did not vote on a 10 percent federal tax cut in a $238 million economy bill.
MENTIONED IN THIS ARTICLE
John J. Raskob
Democratc
Senate Banking Committee
Senate
House
Ways and Means Committee
House Foreign Affairs Committee
United States
House Democrats Back Garner Relief Plan After Hours of Caucus
Washington observers report Democrats in a lengthy caucus bound themselves to push the $2.22 billion Garner relief measure through the House on Tuesday. The party sided with Speaker Garner against Republican opposition while pledging majority votes for the bill amid a split on direct relief funding and a large public works program.
MENTIONED IN THIS ARTICLE
Washington
House
Hoover
Virginia
William Green
American Federation of Labor
Congress
Reconstruction Finance Corporation
Rankin
Mississippi
Cannon
Missouri
Rainey
Ways and Means Committee
Mills
Hurley
Rapidan
Ballantine
The
Treasury
President Dawes
Eugene Meyer
Federal Reserve Board
Dawes
Silver to play role in world trade parley says Stimson letter
Washington reports that the United States backs a broad world economic conference to cover monetary issues. Secretary Stimson informs Rep. Linthicum that a special monetary conference is unnecessary now and that the world meeting should be open to all nations. The timing agenda and participants remain undecided.
MENTIONED IN THIS ARTICLE
Washington
United States
Stimeon
Linthicum
Maryland
House Committee On Foreign Affairs
House
Senate
Great Britain
Stimson
State Department
Oklahoma Flood Kills Five in Citywide Disaster
Oklahoma City endures a devastating flood from 6 to 10 inches of rain with about 700 homes destroyed and at least five dead. Relief groups mobilize to shelter missing residents and provide food and medical aid while guardsmen assist and a horseman drowns attempting to ford high water.
MENTIONED IN THIS ARTICLE
Oklahoma City
Red Croes
Ies
Capitol Hill
Taylor School
Christine Morgan
Buster Morgan
Norah Norris
National
Huckins
Union
Mexican Capital Shaken By Quake
A major earthquake struck Mexico City and surrounding areas on June 3. Reports list at least four deaths and many injuries with extensive structural damage including toppled buildings and cracked streets. Casualties varied by region, with six more deaths in Jalisco and eight in Colima as communications faltered.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Colina
Jalisco
Oaxaca
Guerrero
Oaxaca City
Cape Corriente
Point Angel
Oshkosh Man Sentenced for Wife Killing in Omro
Leonard Tritt, 31, shifted from citizen to prisoner after killing his wife Mabel, 27, in Omro Wis. He surrendered in Oshkosh, faced a first degree murder complaint, waived hearing, and was sentenced to life imprisonment. He wounded two sons who are expected to recover.
MENTIONED IN THIS ARTICLE
Oshkosh
Wis
Leonard Tritt
Tritt
Mabel
Omro
Frank B. Keefe
Fred Beglinger
Arthur Nelson
Miners Reject Pittsburgh Coal Wage Cut Plan
About 2,500 miners from four Pittsburgh Terminal Coal plants voted 1,149 to 92 to reject a 10 percent wage reduction. They plan a mass meeting at Coverdale and a march on No. 10 mine at Library to persuade others to strike. The proposed cut would reduce loaders to 35 cents per ton and motor men to $3.65 daily.
MENTIONED IN THIS ARTICLE
Pittsburgh
Pittsburgh Terminal Coal Corporation
Coverdale
Pittsburgh Coal Company
Library
Ccale
Roosevelt demands action in probe into Walker case
Governor Roosevelt blasts political semping and back-passing and pressures the Horntader legislative committee and Samuel Seabury to file charges against Mayor Walker. Seabury’s counsel says a transcript and analysis will reach the governor early next week. Roosevelt says committee must act promptly and present evidence to proper authorities without waiting for next year’s legislature.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
Walker
Horntader Legislative Committee
Samuel Feabury
Pittsburgh
Legislative Committee
Ita
Farley
Tammany
Seabury
Samuel Hofatadier
West Virginia Republican and Democratic state committees call meetings
Charleston in June sees the Republican state committee from the May 10 primary convene June 8 to choose officers set a date for the state convention and select a judge for the state supreme court and presidential electors. The Democratic committee will meet in Parkersburg June 10 to similar purposes and name a national committeeman and committeewoman.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
Republican State Committee
Democratic State Committee
Charles E. Carrigan
Moundsville
T. P. Hill
Republican Committee
Eleanor Hurt
Williamson
John Q. Hutchinson
Beckley
Roberta H. Scott
Bluefield
M. Cunningham
Mildred W. Smith
State
Democratic Committee
Secretary of State
L. L. Belcher
Welch
John Sadler
Kenova
W. B. Blottman
C. ©. Canterbury
William Taylor
F. G. Lobban
Alderson
Ernest I. Crawford
Hinton
Wall Street Banks to Launch American Securities Investing Corp
New York June 2 Morgan and Rockefeller banking power unite to form the American Securities Investing Corporation in a bid to stabilize bonds and lift equity prices. Lamont heads the venture with initial 109 million dollars from eighteen New York banks and two private firms.
MENTIONED IN THIS ARTICLE
New York
Morgan, Rockefellers
Wall Street
4& Session
New York Stock Exchange
Thomas W. Lamont
J. P. Morgan and Company
American Finance
American Securities Investing Corporation
Congress
Senate
Lamont
Corporation
Morgan
George Whitney
Lansing P. Reed
Longstreet Hinton
Albert H. Wiggin
EB. Mitchell
Chase National Bank
National City Bank
Rockefeller
William C. Potter
A. A. Tilney
Guaranty Trust Company
Bankers Trust Company
Jackson KE. Reynolds
First National
New York Banke
Morgan Firm
Kuhn, Loeb and Company
Mistrial Declared in Seed Loan Case in Alabama
In Dothan Alabama on June 3 a second mistrial was declared in a federal seed loan case involving eight Houston County men charged with conspiracy to violate the federal seed loan act. The jury deliberated about two days without reaching a verdict. Defendants include Solicitor J Norton Mullins Henry Witherne W W Wofford W W Rollins BE Hammond C C McArthur F Trawick and R Leo Espy. A new trial is planned in Augusta Georgia where other defendants face similar charges.
MENTIONED IN THIS ARTICLE
Dothan
Ala
Houston
J. Norton Mullins
Henry
France forms cabinet under Herriot after elections
Paris June 4 Edouard Herriot leader of the radical socialist party wins a cabinet from the liberal left. Herriot keeps the foreign portfolio and will lead the French delegation to the Lausanne talks on war debts and reparations set for June 16.
MENTIONED IN THIS ARTICLE
Paris
Edouard Herriot
Radical Socialist
Chamber of Deputies
Ths
M. Herriot
Lausanne
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Baskob
Senate Banking
Rockport
Ind
Ohio River
Vernon Lynn
Charles
Louis Parsley
Bonnie Jean
Parsley
Billy Parsley
Lynn
Harry Evans
Stanley Hausner
Sydney
Sydney Dispatch
ClaChon
Adolph Hitler
Crisp
Georgia
Hoaxer Curtis
Pennsylvania Lines
Associated Press
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