10 Nov 1933
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Nov 10, 1933
Page
1
The report notes rising gold prices fueling a stock rally as the dollar reacts to Franklin Roosevelt’s currency plans. The House of Commons pledges to maintain Sterling independence while a silver push lifts quotes to a three year high.
New York factions inside the Democratic party clash as fusion aims to oust Tammany Hall. LaGuardia reiterates staying out of politics while Farley Flynn push for a nonpartisan city government faction. Curr y seeks Farley’s removal for alleged disloyalty.
Washington reports Democratic National Committee Chairman Farley indicated the party would likely dispatch speakers to the Third West Virginia district for the November 28 special congressional election. Andrew E. Edmiston, a Democrat, faces Howard M. Gore, a Republican. Farley said he probably cannot visit the district personally due to official duties and would not forecast the race yet.
Richmond Virginia, November 9. The state highway department announced winning contractors on fifteen road projects totaling 562000 dollars. Notable bids include Wise County bridges and road segments to Wise Construction and Jim Frank, Clinchport, plus Tazewell County stretches awarded to Pendleton Construction Co. Inc. and Rosenbaum Brothers, Inc. of Wytheville for 74773 dollars.
Richmond Va November 9 Governor Pollard moved to expand Virginia relief efforts for idle relief lists aligning with a federal civil works program including a $400 million expenditure. He accepted a telegraph invite from Harry Hopkins to discuss Wednesday Virginia participation and expanded the state relief committee from three to nine members.
Gov Kump will likely delegate bill drafting to legislators as he gathers revenue data for the November 21 special session. Topics include property tax collection, direct taxes to cover debts, redistricting, repeal amendment changes, and county money needs. Delegate Beacoum opposes repealing the saloon clause. Senate President Mathews and House Speaker Hiner met the governor to review legislative plans.
Washington reports West Virginia Democrats push to remove David D. Ashworth U S attorney for the southern district. Ashworth, a 1932 appointee, refuses to resign despite Justice Department pressure. George I. Neal prepared as successor. an order of removal is drafted but not shown to President Roosevelt.
The dollar sank to new lows in London amid Roosevelt currency measures, opening at 4.98 5 percent to the pound and closing around 5.02, with after hours trading at 5.07. Markets showed rising gold prices, higher commodity costs, and rallying New York stocks despite late profit taking. Grain and silver advanced in U.S. trading while Paris saw brief dollar strength before retreating as gold outflows continued from the Bank of France.
Ferdinand Pecora outlined before the senate banking committee how a small group led by Arthur W. Cutten earned over 12 million from handling nearly 2 million shares of Consolidated Oil in 1928 29 without investing capital. Harry F. Sinclair participated. illness delayed his testimony. John J. Raskob and Alfred E. Smith disclosed a 1929 syndicate stock account intended to support County Trust shares after Riordan’s death.
Colonel Charles A. Lindbergh and Mrs. Lindbergh were welcomed by national and city officials in the Alabama room of City Hall after arriving from Rotterdam. They drank champagne, received chrysanthemums, and later met with U S Ambassador Wilson before visiting the League of Nations hall. The aviators planned a southern leg of their journey while studying Alpine conditions.
Charles Youngblood of Nashville, Tennessee, is brought to trial for the 1924 murder of his wife. He had eluded police for nine years, reportedly hiding in his mother's attic until authorities located him.
Joseph B. Eastman federal coordinator of transportation told the Railway Business Association that the industry is at a threshold of improvements in equipment and service. He said government funds could help railroads buy new equipment and reduce unemployment, urging less fear and more creative effort amid competition and depression.
Rome Nov 9 Premier Mussolini presented a decree to the chamber of deputies authorizing government guarantees on principal and fixed interest for private company bond issues. The measure aims to canalize savings into productive activity, centralizing control of industrial capital and transforming Italy's capitalization system through a state-backed institute similar to the American Reconstruction Finance Corporation.
Charleston West Virginia November 9 three men were enlisted in the state police by Superintendent Shingleton Ralston Irving Boone of Bluefield graduate of West Virginia university was assigned to the bureau of identification at Charleston headquarters Charles C Taylor of Fayetteville son of J Alfred Taylor former speaker of the house of delegates was sent to company A for duty in the northern part of the state
Production in the Pocahontas Tug River district declined for the week ending November 4, with 421 575 tons produced, down 33 959 tons from the prior week. The calendar year total reached 17 330 921 tons, while the year-ago week produced 474 814 tons, blamed on market conditions.
Armistice day events in Bluefield begin with a 6 PM banquet and 9:30 PM to 10 PM grand ball at the West Virginian hotel. Legionnaires urge early reservations and note Saturday parade, memorial service, football game, and Sunday church service with Dr. C G Gunn.
Washington reports speak easies from coast to coast operate under Volstead Act limits while U S attorneys and prohibition agents are tasked with enforcement. New York outlines an experimental liquor control plan restricting sales to hotels restaurants clubs dining cars and ships with off premises sales limited to state stores.
President Gran San Martin learned that Juan Blas Hernandez, Cuba’s famed rebel, was killed after a palace conference. A young lieutenant shouted the news at the palace, and hospital staff confirmed Hernandez’s death along with a soldier's self-inflicted wound as the castle fell.
Baltimore. Governor Albert C. Ritchie faces a crossfire of critics and defenders across political, religious, and interracial groups in Maryland. Impeachment calls, petitions against a fifth term, and support at public meetings accompany debates over his long tenure, state lottery stance, and proposed legal reforms.
The Treasury could legally pay the Driscoll company after it was denied a New York post office contract for not signing the president's re employment agreement. The ruling emphasizes that acceptance and observance of the covenants are required to ensure wage increases and new jobs, aligning with the recovery program. A Ford dealer protest over the automotive code assent remained undecided.
Washington reports a cold wave moving east tonight and tomorrow signaling real winter. The Weather Bureau predicts snow in the northern East above Ohio and low temperatures into the 20s in Maine New Hampshire Vermont and New York with about 30 in Washington D C.
Washington reports indicate an early move to recognize the Soviet Union may come after a planned meeting between President Roosevelt and Maxim Litvinoff. Hull said discussions will center on key details before formal diplomatic restoration, with no obstacles seen to resuming normal relations.
Cuban rebels surrender the Azares fortress after six hours of bombardment by land and sea. Casualties include 40 to 50 rebels killed and about 100 wounded. 1,500 rebels give way, signaling a government victory in Havana. A civilian among the wounded claims to be American.
John R. Murphy of Williamson West Virginia secretary to Representative Kee Democrat Bluefield West Virginia was appointed today a member of the legal staff of the federal farm land bank at Baltimore Murphy was recommended for the appointment by Senator Neely Democrat West Virginia and by Kee He will relinquish his present post.
George H. Charls resigned as secretary of the American Iron Steel Institute citing conditions imposed by external factors. The announcement came in New York as he explained his action was prompted by ongoing pressures affecting the organization.
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