21 May 1933
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
May 21, 1933
Page
1
A reflective essay contrasts men and fate through petal plucking as fortune telling. It argues people are largely alike yet varied, with heroism, ambition, greed, and moral bonds shaping lives. It extols human curiosity, civilization’s reach, and the central role of mankind in history and creation.
The House Ways and Means Committee completes hearings on the administration industrial control measure. A revenue plan aims to raise $220 million annually for bond interest and sinking fund, with possible boosts from income, corporate, gasoline, or luxury taxes. An immediate tax cancellation amendment is preferred if treasury revenues improve. The oil control bill decision awaits Roosevelt's direction.
Chicago reports show gains across building construction cotton spinning and textiles wages steel furnaces and freight coal loadings surpassing 1932 levels for the first time since October. Labor Department notes 2.2 percent rise in building expenditures March 15 to April 15 with higher commodity prices. rail freight up. steel capacity use rising in Cleveland Gary Youngstown and Pittsburgh areas. coal output up about 19 percent from a year ago. residential construction east of the Rockies climbs 36 percent in May’s first half. cotton spinning at 95.7 percent capacity in April with more spindles in use than a year ago.
Washington reports that over 1,500 bonus army members at Fort Hunt Va have signed for forest work at $1 a day as a step toward improved pay. The plan, approved by Franklin Roosevelt, will raise leaders to $45 a month and assistants to $36, with 1,350 camps planned for 270,000 men. Congress will further address veterans legislation as camps expand.
Tokyo dispatches report Japanese military authorities ready to suspend their North China advance. Leaders deem objectives south of the Great Wall complete and Peiping within reach as they await China’s next move, per Rengo News Agency.
The central executive committee of the Nanking government denounces Canton for alleging talks to settle the conflict with Japan and surrender of China’s claims. It denies any armistice negotiations and pleads with South China to halt attacks on Nanking and focus on fighting the Communists.
The May 20 dispatch cites responsibility for bombings fires and disorders that plunged parts of Tientsin into a panic yesterday. Specific groups or persons are not named in the fragment.
Mrs. Clifford Riffe, 43, wife of a Monroe county farmer, died after being struck by a Princeton driver, O H Ballard, as she stood near a Lindside store. Ballard, cutting speed, swerved to avoid her but could not prevent the collision. He was not charged. Funeral services are planned for Monday at Lindside.
Charleston May 20 The Kump program moves forward as lawmakers consider an early end to the session with two weeks more possible. The biennial budget bill remains unsettled and revenue questions delay adjournment while the road and county unit measures advance under governor signature.
Washington May 20 conferees agreed on the administration bill to regulate securities. The deal retains Johnsons board to aid recovery for defaulted foreign bonds but only after a presidential proclamation. The measure would require registration publicity and penalties for fraud and goes to the House then Senate. Fletcher said the chamber of commerce urged letters against the bill calling it unworkable and a menace to industry.
Government forces in Santa Clara province say they dispersed a rebel group after a several day pursuit. Two rebels were killed in the clash near Los Ramones as the army announced the action overnight. The rebels fled but were overtaken.
The Day in Washington reports President Roosevelt met with C M W Sprague, adviser to the Bank of England, then sailed the Potomac for talks with Budget Director Douglas. Conferees reached a deal on federal securities regulation while Ways and Means plans tax provisions for a 3.3 billion construction bill. Oil legislation eyed for the public works bill unless delay. The Glass Steagall bank reform debate opened in the House.
President Roosevelt crowds in hardy veterans to run the new government partnership across agriculture banking currency railroads and industry as Congress prepares quick action on supervising railroads and industry. Under Hugh Johnson a wage and working hours push aims to align trade with industry and curb surplus. The push includes Tennessee Valley development Muscle Shoals rehabilitation and a $3 000 000 000 public works plan to create jobs while stabilizing prices. George Peek studies commodity prices as the administration readies measures for eco nomic stabilization and tariff policy.
Washington May 20 A warning that bankers with arms up to the shoulders in the treasury oppose the measure opened four hours of debate on the Glass-Steagall bank reform bill. Chairman Steagall co author told the House the bill would establish deposit insurance separate banks and securities affiliates and plug holes in the federal reserve act. He criticized international bankers and mis management but praised some bankers as honest. He urged lawmakers to see how many bankers oppose the bill have their arms up to the treasury.
Joseph W. Harriman, founder of the Fifth Avenue bank, stabbed himself in the chest in a Roslyn area inn after disappearing from a nursing home. He was found by police, taken to Mineola hospital in fair condition, and faces federal charges. investigators traced him via alias A T Thomas. The case prompted a nightlong search and guards at a local cemetery amid his mourning for his son.
Officials investigated a trunk discovery in a Mass City former hospital basement where the dismembered remains of a girl estimated at 15 to 17 years old were found by children. Doctors doubted the body had been used for medical dissection.
Leading industries plan wage and price adjustments after the new business control bill becomes law. Steel coal oil lumber auto utilities textile and asbestos sectors expect to file agreements for approval by administrator Hugh S Johnson. Henry Harriman and AFL president William Green predict rapid upturn and wage boosts for millions within months.
Geneva May 20 Europe asks how the United States would act if war or threat of war looms. Giuseppe Motta Swiss foreign minister urges Washington to discuss Kellogg pact commitments and potential consultative measures. Norman Davis American delegate prepares a speech to clarify U S policy.
Bluefield hosts the eighth annual Southwestern Virginia Inc celebration on Saturday June 10 with a gigantic parade at 10 a m a beauty queen selection Miss Mountain Empire, a baseball game band concerts airplane flights and other outdoor features. The event aims to attract thousands and spans counties as far east as Roanoke with Herbert Markle of Bluefield as general chairman.
Geneva delegates expressed optimism over a universal policy of non aggression after negotiations. President Roosevelt conferred with a Bank of England official to discuss broader financial implications and potential enforcement mechanisms.
The report from Paris warned that France faced near certainty of default on a 45 million dollar wartime debt due June 15, while other nations might follow. Roosevelt pressed for payment to limit impact on the world economic conference as currency stabilization steps and talks with Bank of England adviser Sprague unfolded. Meanwhile Switzerland sought US guidance on a war contingency, and Japan signaled a limited return to home forces while lauding Roosevelt’s peace efforts.
J H Asbury 67 of Canebrake McDowell county a well known Dry Fork merchant died Friday night from a self inflicted gunshot wound A .32 caliber pistol was found beside the body A note said he faced heavy obligations He was a native of Tazewell County Virginia and had moved to West Virginia earlier in life Survived by his widow and four children Funeral plans awaited the arrival of Mrs Stewart from Akron Ohio
Walter B. Krodel, Republican, won reelection as mayor of Point Pleasant, defeating Walter Hyre of the Peoples party. The Peoples party elected Charles Mees as city clerk and two of ten councilmen. all will assume office July 1.
Washington reports say President Roosevelt met with a Bank of England representative amid talk of early currency stabilization and war debt policy. The visit by C. M. W. Sprague tied to plans for pound and dollar stability ahead of the London conference as Paris warns of June 15 debt installments totaling 144 million.
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