Cox 1 Chosen 10 Head Important Monetary Group
The American delegation secured James M. Cox as chairman of the monetary committee at the world economic conference in London on June 15, ending Franco American opposition. Cox pledged sound money while reassuring France on the gold standard. Bonnet hailed Cox after talks with Warburg and Cox, leading to the steering committee vote.
MENTIONED IN THIS ARTICLE
London
James M. O
Ohio
Cordell Hull
United States
Monetary Committee
Cox
James P. Warburg
Georges Bonnet
France
M. Bonnet
Mr. Cox
London Gossip Tumbles Stocks
Persistent gossip from London that an agreement to stabilize the American dollar around four pounds prompted heavy selling in New York stocks. The market slid in late trading with losses mainly one to seven dollars, as traders hedged against a possible dollar stabilization halt.
MENTIONED IN THIS ARTICLE
New York
London
New York Federal Reserve Bank
Betanee
George L. Harrison
Wall Street
Randolph recommends two acting postmasters in West Virginia
Representative Randolph of West Virginia backs Oscar W. Johnson for acting postmaster at Piedmont and John Pisher for acting postmaster at Moorefield, as of June 15. The recommendations highlight nominations for these positions in the Piedmont and Moorefield post offices.
MENTIONED IN THIS ARTICLE
Washington
Randolph
West Virginia
Oscar W. Johnson
Piedmont
W. Va
John Pisher
Moorefield
W.a
Shoppers Gather for Bluefield Day Bargain Carnival
Thousands of shoppers from Bluefield and surrounding areas descend on the city for Bluefield day a major semi annual merchandising event. Merchants offer deep discounts across downtown shops while city officials ease parking and provide hotel rooms for out of town visitors to boost trade.
MENTIONED IN THIS ARTICLE
Bluefield
Merchants’ Committee
C. B. Lilley
Stanley
Pocahontas Transportation Company
Black Diamond
Tri-City Traction Company
Virginian and Norfolk and Western Open New Gilbert Line
The Virginian railway extends from Elmore to Gilbert and the Norfolk and Western from Wharncliffe to Gilbert, making Gilbert a coal traffic hub linking Virginian Norfolk and Western and Chesapeake and Ohio. A train from Elmore to Gilbert and an N and W train from Williamson exchanged loads and empties, inaugurating the interchanged service.
MENTIONED IN THIS ARTICLE
Wharncliffe
Elmore
Norfolk and Western and
Virginian Railroads
Virginian Railway
Gilbert
Norfolk and Western
Virginian
Chesapeake and Ohio
Matoaka
Deepwater
Elmoure
Williamson
Johnsons Aides Ready to Swing Into Action
Washington June 15 An organization keyed up and ready to swing into action under the direction of Hugh B Johnson the administrator awaits the attaching of Roosevelt signature to the industrial regulation public works bill It was indicated the chief executive would urge Johnson and the advisory cabinet committee to push the program with all possible haste Colonel George R Spalding division engineer of the army of the upper Mississippi with headquarters at St Louis will work closely with Johnson and is elated to be administrator of the public works section.
MENTIONED IN THIS ARTICLE
Washington
Hugh 8
Johnson
Roosevelt
Congress
George R. Spalding
Army of the Upper Mississippi
St. Louis
Northern Operators Present Plan for Coal Industry Reform
A northern group of coal operators led by Ben Grey of Central Coals Associates presented to General Hugh S. Johnson a plan to raise coal prices and miner wages. The Pennsylvania Maryland eastern Ohio and northern West Virginia operators argued for stronger price support as the National Coal Association had already issued cooperative improvement suggestions. The discussions coincided with the National Coal Association meeting opening in Chicago.
MENTIONED IN THIS ARTICLE
Washington
Hughs. Johnson
Ben Grey
New York
Central Coals Associates
Pennsylvania
Maryland
Ohio
West Virginia
Johnson
National Coal Association
Chicago
Grey
National Association
Grotler
Milk price rise to boost farmer income in Ohio
A 40 percent milk price increase takes effect tomorrow in Northeastern Ohio. Dairymen will receive 1.55 dollars per hundred pounds for milk with 3.6 percent butterfat instead of 1.12 for 3.5 percent, likely adding about 1.25 million dollars yearly.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Mattern Still Missing After Nome Flight Attempt
Jimmie Mattern, the Texas aviator attempting a second solo flight from Khabarovsk to Nome, is overdue after 17 hours of flying. Weather worsened with overcast skies and fog over the Bering Sea, despite earlier reports of favorable winds, and watchers across wireless stations await any sign of his plane as authorities consider possible landings along Siberia or Alaska.
MENTIONED IN THIS ARTICLE
Nome
Alaska
Hhe
Khabarovsk
Siberia
Jimmie Mattern
Texas
Mattern
Grabaroves
Bering Sea
Kabarovak
Nomites
Code to govern bituminous coal industry sent to President
A code drafted by a nineteen member committee will be submitted to the National Coal association and, upon convention approval, to President Roosevelt as the industry’s recovery act agreement. It allows labor organizing, sets district minimum wages and selling prices, and bans secret rebates and prepayment of freight. General Hugh S. Johnson to speak to 500 operators. James D. Francis urges self reliance and district cooperative sales agencies.
MENTIONED IN THIS ARTICLE
Chicago
National Coal Association
Roosevelt
Illinois
Coal Operators Association
United Mine Workers of America
Hugh 8. Johnson
James D. Francis
Appalachian Coals, Inc
Francis
Appalachian Coals
Robbery Arrests in Norton Case Target Boggs and Greear
Warrants charging Cohen Boggs of Pound and Fleetwood Greear with assault and robbery of Bradley Baker in Norton, Virginia. Greear escaped custody as deputies moved to transport him. none of the $5 000 to $6 000 stolen was recovered. Baker reportedly bit an assailant during the home invasion.
MENTIONED IN THIS ARTICLE
Norton
Bradley Baker
Miser
Cohen Boggs
Pound
Fleetwood Greear
Greear
J. P. Adams
Bill Wilkes
Hubbard
Wise
Boggs
Baker
Al Smith Testifies in Mitchell's Defense
In New York on June 15 former Governor Alfred E. Smith testified that Charles Mitchell's reputation was "of the best" as part of Mitchell's defense against charges of bilking the government of 550000 in income taxes. Rebuttal witnesses, including Mitchell, were to follow next week. Judge Henry W. Goddard scheduled closing arguments for Monday and Tuesday with jurors to hear the case Wednesday.
MENTIONED IN THIS ARTICLE
New York
Alfred E. Smith
Charles Mitchell
Mitchell
Henry W. Goddard
Charles 8. Whitman
Arthur Brisbane
Supreme Court
Morgan J. O'Brien
Film star Gloria Swanson furniture to be sold at auction
Los Angeles June 15. The sheriff ordered the sale of household furniture and equipment of movie actress Gloria Swanson at public auction next Thursday morning following receipt of a writ of execution from the county clerk. The writ is for a Superior Court judgment of 2425.50 dollars in favor of W day Saylor Ltd furniture dealers.
MENTIONED IN THIS ARTICLE
Los Angeles
Gloria Swanson
Sheriff's Office
W. Day Saylor
Mellon Tax Evasion Probe Expands in Pittsburgh
Attorney General Cummings announced justice agents are investigating Andrew W. Mellon and his nephew William L. Mellon in Pennsylvania. The inquiry follows suits by Olson and Knight seeking recovery of income taxes tied to Gulf Oil shares and alleged omissions from tax returns dating 1926 to 1942. Mellon must answer Olson suit within 15 days.
MENTIONED IN THIS ARTICLE
Washington
Cummings
Andrew W. Mellon
Secretary of the Treasury
William L. Melion
Pittsburgh
Justice Department
Representative McFadden
Republican
Pennsylvania
Davis A. Olson
A. R. Knight
Lansdowne
Olson
Counsil
Senate Banking Committee
Mellons
William L. Mellon
Mellon
Gulf
Knight
Gulf Oil Company
Philadelphia
Davis Stock
Oleon’s
Railroads demand wage cut swap amid union stand
Chicago June 15 The American Railway Executive Association called for a permanent 22.5 percent reduction to replace the temporary 10 percent cut in workers pay. The plan faces strong union opposition and a July 12 conference is set in Chicago with Railway Labor Executives. If adopted, the cut would start November 1, affecting about 900000 workers.
MENTIONED IN THIS ARTICLE
Chicago
American Railway Executive Association
Railway Labor Executive Association
United States
W. F. Thiehoff
The
Executives Association
Thiehoff
A. F. Whitney
Labor Executives Association
Pocahontas Tug Area Coal Output Rises in Week
The Pocahontas Tug River district produced 378 445 net tons of coal in the week ending June 10, up 48 986 tons from the prior week. Year to date output reaches 6 999 934 tons with a weekly average of 304 345, best week this year since Feb 18 and may set another record per preliminary reports.
MENTIONED IN THIS ARTICLE
Pocahontas-Tug River
Pocahontas
Nations Default on Debt Payments Cast Shadow on Conference
Several nations including France Poland Belgium Jugoslavia and Lithuania defaulted on debt payments while the United States received partial and full payments from listed countries in a world economic conference update. Election of former Governor Cox as monetary committee chair marked an American victory despite a plan hitch to stabilize the dollar and pound. Secretary Hull voiced hope for progress as Senator Pittman cited Britain's silver token payments.
MENTIONED IN THIS ARTICLE
Associated Press
France
Poland
Belgium
Jugo- Slavia
Lithuania
United States
Great Britain
Rumania
Italy
Czechoslovakia
Finland
Cox
Ohio
Hull
Pittman
Senate Foreign Relations Committee
Britain
Hungary
Latvia
Estonia
Congress
Borah
Idaho
Roosevelt
Nations pay small shares as debt talks stir Roosevelt review
Washington reports show Europe paid about eight percent of due war debt instalments. Britain led with 11 million, Italy nearly 1 million, Czechoslovakia up to 180 thousand, Romania 25 thousand, Finland fully paid. Five nations defaulted, with more possibly in arrears. Debates spill into Congress as Borah backs Roosevelt’s approach amid mixed debtor responses.
MENTIONED IN THIS ARTICLE
Washington
Europe
Great Britain
Roosevelt
State Department
Finland
Italy
Czechoslovakia
Rumania
Naval building plans announced in three year program
Washington announces a program to float 32 ships in three years totaling about 111000 tons. The plan aims to exceed labor use and public works funding of 238 million dollars with eighty five percent of spending going to labor. Navy notes the fleet would still be under London treaty limits by 177000 tons after completion. The Macon airship is recommended for acceptance after further trials.
MENTIONED IN THIS ARTICLE
Washington
Swanson
Roosevelt
Naval Building
Navy
Pavy Yard
Macon
Michigan
Congress Adjourns as Vets Pay Plan Fails Narrowly
West Virginia lawmakers split on the Steiner-Cutting proposal, with Ramsay and Randolph voting for, Johnson and Kee against, and Horner and Smith not voting. The plan would cap cuts to service connected veterans' compensation and prewar pensions at 25 percent. Senators Neely and Hatfield supported the measure in the Senate.
MENTIONED IN THIS ARTICLE
Washington
West Virginia
House
Senate
Ramsay
Follawsbee
Randolph
Elkins
Peace time relief bill approves largest peacetime funding
Congress passes a 3.6 billion dollar relief and reconstruction bill to fund public works under the industrial recovery program. Highlights include 3.3 billion for public works, 50 million for Tennessee Valley project start, 150 million to fund deposit insurance, and 50 million for federal land bank subsidies.
Limitation of Oil Production Planned in Chicago
In Chicago 35 independent oil associations and the American Petroleum Institute considered a code of fair competition under the National Industrial Recovery Act. The plan would have the President set production limits and allot quotas to producers, restrict imports, and declare large-scale imports unfair competition.
MENTIONED IN THIS ARTICLE
Chicago
American Petroleum Institute
Roosevelt
Children Guarded On Return From Europe
Horace A. Dodge Jr. and his wife arrived with their two children, David aged 3 and Diana aged 1, in New York from Europe. A private bodyguard accompanied the family as they disembarked from the Europa in a security setup after the ship docked.
MENTIONED IN THIS ARTICLE
New York
Horace A. Dodge Jr
Europe
David
Diana
Europa
Veterans Benefits Compromise Ends Historic Peace Session
Washington adjourned sine die as the Senate approved a liberalized independent offices bill after President Roosevelt accepted a compromise on veterans' compensation. Nin e Democratic senators who backed the liberal provisions reversed to back the compromise, ending a two week dispute. The House also adjourned and sent key measures to the White House for signature.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Senate
House
White House
Independent Offices
Glass
Virginia
Cutting
New Mexico
Capitol Hill
Woman survives extensive brain surgery with minimal lasting deficits
Milwaukee reports Dr. W James Gardner of the Cleveland Clinic removed almost the entire right hemisphere to treat a brain tumor. Twenty months later the patient shows no intellect loss and only partial paralysis on the left side, with preserved walking, talking, and daily tasks. Sensory and heat-discrimination on the left are diminished.
MENTIONED IN THIS ARTICLE
Milwaukee
American Medical Association
W. James Gardner
Cleveland Clinic
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