22 Oct 1933
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Oct 22, 1933
Page
1
The piece mocks prognosticators who claim doom or uplift from every new idea while urging resilience. It argues Americans will recover from debt and upheaval without drastic change, praising teachers and national spirit, and noting spring scenery as a daily reminder of renewal. It closes urging spiritual focus over mere monetary fixes.
Milo Reno head of the National Farmers Holiday Association appeals to industrial labor for support of a national farm strike that began at noon. Roosevelt hints at possible remarks in Chestertown Md while weighing an address on a new stance amid uncertain farmer participation.
Washington reports Harvey Couch, a Recon struction Corp director, offered to testify before the Senate stock market investigating committee. He said a personal letter to Chase National Bank director Charles McCain about resigning to reorganize Insull properties has no relation to the RFC. Couch may appear to answer questions and noted past loans and stock purchases tied to his prior business dealings.
Joseph B. Eastman secured a set salary cap for railroad officers at 60 000 prompting speculation that the FTC questionnaire to about 2000 large corporations targets executive pay nationwide. The Wiggin pension and other top earners like Alfred Sloan and Eugene Grace are cited as context for this move.
Mercer county teachers ended their session with a push for state assumption of county and district bonds after an inspiring talk by Dr. J Frank Marsh. Miss Sarah Frances Perdue was elected county association president with G J Wood secretary and C W Jackson treasurer. an executive committee and advisory council were named.
Charleston West Virginia October 21 eight additional employees of the state Home Owners Loan corporation were announced by manager Walter Virgil Ross after federal board confirmation The appointments aim to speed loan closings and clerical work Includes Howard Caplan reassigned as assistant state counsel Carl B Galbraith new assistant and J F Bedell as assistant chief appraiser Also named were three loan closing supervisors Robert H Kidd G H Crumpecker and Alex L Garred Field rep John L March and Appraiser B Blain Shaw were added to the fourth district The office reported four loans closed totaling 9291250 with 178 new applications 445753.16 approvals 349143.91 and 92 950.04 in rejections
Reich formally Notifies League of withdrawal while Geneva meeting weighs possible arms talks. Nazi prince and princess visit Vienna as Paris Premier plans appeal on the crisis.
News from Saturday notes impending Russo American negotiations to restore formal relations and Germany’s resignation from the league. Roosevelt’s Moscow overture is praised as a peace move. Berlin reports Germany’s withdrawal contingent on fulfilling obligations. Other items include Dollfuss detaining Nazi figures and Daladier’s anticipated last-stand appeal.
Across Paris Peiping Shanghai Nanking Tokyo and Landon strong voices weigh in on America recognizing the Soviet Union. French and Chinese officials see clarification and caution while Western observers warn of shifts in Asia with Japan. George Lansbury lauds Roosevelt for peace efforts.
The Bureau of Mines reported a drop in West Virginia coal production for the week ended October 7 to 1,890,000 tons from 2,049,000 the prior week after the bituminous coal code took effect October 2. September output was 9,465,000 tons versus 10,427,000 in August.
A Bucharest report says a passenger train collided with a second train carrying flammable petroleum near Sinaia. Nine people died and six were injured as wreckage ignited and oil burned over a wide area.
Des Moines reports that Governor Clyde L. Herring may have been targeted in a kidnap plot. The governor said he treated the report lightly, had state protection for several days, and even carried a gun briefly after hearing two men in a railroad station discussed abducting him for 75000 dollars.
President Roosevelt spoke at old Washington College in Chestertown Maryland after receiving an honorary degree. He urged a colonial spirit of cooperation as the path to recovery without a dictatorship and warned progress won’t come in a few months. He recalled Harvard president Charles Eliot on wealth distribution and noted Meade became nineteenth president of the college during the ceremony.
Lima police named six men tied to the killing of Allen county Sheriff Jess Larber and identified John L. Dillinger as another suspect. Fred Pierpont said his brother Harry and the five others visited a Leipsic farm before the slaying. Rewards totaling 7000 dollars were offered for the fugitives.
Washington prepares for November discussions with Soviet Russia led by Litvinoff. Data on claims exceed 500 million dollars, including wartime loans and Kerensky era property, while export potential of cotton and machinery rises. Bullitt seen as key adviser to Roosevelt in shaping policy and negotiations.
President Roosevelt will address the nation by radio at 10 PM to outline his policies as farm strife flares in the wheat belt. Senator Norris favors currency expansion to lift farm prices while NRA policy incites urban price fears and farmer protests.
Governor H Kump and Harry Hopkins reach a discretionary grant of 500000 to West Virginia. The money is not contingent on state funds and aims to meet urgent unemployment relief needs as total federal relief to WV climbs to 6151599.
The administration drafts a tax program with repeal in view and expects at least 500 million dollars in taxes from distilled spirits in the first year of legal sale. An automatic 227 million dollar cut from current special taxes ends with prohibition, and a domestic liquor tax of 2.50 to 3 per gallon is proposed, up from 1.10. Representative Hill says 2.60 may be the practical upper limit to deter bootleggers and rum runners.
The Public Works Administration approved a 25 million dollar national defense allotment. It includes several hundred planes and a 10 million dollar army motorization program, plus 6.41 million for other federal projects to boost employment. Navy and army plans hinge on future apportionment and shifting project scopes.
A military seaplane carrying two Italian officers plunged into the heart of Venice along the Rio Nuovo today, killing both men.
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