Gold standard shift sparks debate on prices and debt
A Cedar Rapids column argues the United States leaving the gold standard could raise domestic prices and aid war-debt payments. It cites potential inflation, job-pay hikes from 30 to 40 cents an hour with Reconstruction Finance Corporation projects, and warns against exploiting labor while urging broader use of available R F C funds.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Reconstruction Finance Corporation
R. F C
R. F.C
Iowa Assembly Clashes Over Tax Revision Committee
Iowa's General Assembly rushed end of session actions amid a fight over a tax revision panel. Senate resisted a nine-member house plan, leading to a conference committee and delayed adjournment. The body approved bills on beer, ballot shortening, and salary cuts, with final steps before sine die adjournment.
MENTIONED IN THIS ARTICLE
DES Moines Apj
Iowa General Assembly
Senate
House
State Highway Commission
Rep
Fabritz
Wapello
Donlon
Palo Alto
Herring
Kraschel
Ditto
Osceola
Denton
Rep. Gallagher
Iowa
Ed. R. Brown
Brown
Valentine
Hicken
Irwin
Roelofs
Nelson
Garner
Stewart
Bruce
Swift
Jackson
Appropriations
Secretary of State
Conference Committee
Peer Gynt and the Courage to Face Life’s Dangers
A 1933 essay argues dodging difficulties leads to greater trouble and defeat. It cites Peer Gynt and Micawber as examples and urges the honest path through hardship. It notes Mary Sloser's early fear contrasted with later bravery in Africa.
MENTIONED IN THIS ARTICLE
Bsen
Peer
Micawber
Mary Sloser
Glasgow
Africa
Rainey Calls For U S Action On Gold Defense
In Washington Speaker Rainey denounces a planned effort by nations tied to the English pound to undermine the U S monetary position. He argues abandonment of the gold standard is a weapon of defense and favors bi metallic stabilization with silver debt payments as a step toward that system.
MENTIONED IN THIS ARTICLE
Washington
Rainey
United States
Herriot Finds Hild Task Complicated Aboard S S Ile de France
Former French Premier Edouard Herriot reports that the abandonment of the gold standard by the United States makes his Washington mission more complex. He met with Bank of France deputy Charles B. Rist and concluded no concrete deals like tariffs or debt agreements are likely.
MENTIONED IN THIS ARTICLE
S. S. Ile DE France
United States
Edouard Herriot
Washington
Herriot
Charles B. Rist
Bank of France
United Press
Paris
Rist
France
Great Britain
Roosevelt Opens Gold Standard Talks With UK France
President Roosevelt’s move to drop the United States from the gold standard heightens stakes for upcoming talks with British Prime Minister Ramsay MacDonald and French leader Edouard Herriot. MacDonald arrives Friday for White House discussions on stabilizing currencies and reviving trade, joined by Herriot for a three cornered session Tuesday night. Canadian Prime Minister Bennett arrives Monday to participate in broader dialogue, though not in the main discussions.
MENTIONED IN THIS ARTICLE
Raymond Clapper
Washington
Roosevelt
United States
Ramsay MacDonald
Edouard Herriot
France
Herriot
MacDonald Sees Gold Standard Abandonment Shaping Washington Talks
Prime Minister Ram say MacDonald, via ship to shore from the Berengaria, says abandoning the gold standard will profoundly affect forthcoming conferences in Washington. He calls the last two days events highly significant and plans to confer with his government before commenting further on his visit.
MENTIONED IN THIS ARTICLE
New York
United States
Washington
Ramsay MacDonald
Berengaria
Seymour H. Jones Dies in Burlington Leader in Local Hardware ties
Seymour H. Jones of Burlington age 78 died at his home after a long illness. He led the Drake Hardware Co. from its 1890 founding and was active in Masonic circles and Christ Episcopal Church. Born November 1, 1854 on Jones Island, Ottawa River, Quebec, Canada. He was uncle to Cedar Rapids residents James Hamilton, Mrs. Robert Cook, and Mrs. Walter Peterson. Continued on Page 18.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Seymour H. Jones
Burlington
John T. Hamilton
James &. Hamilton
Robert S. Cook
Walter G. Peterson
Drake M Hardware Company
Jones
St. Omer
Knights Templar
Christ Episcopal Church
Mr. Jones
Jones Island
Ottawa River
Province of
Quebec
Canada
Thursday Scores Across Leagues With Mixed Results
Summary of scores from Thursday games across the major leagues. Washington beats Philadelphia 14 runs to 8 in a 9 inning finish while Cleveland edges Detroit 35 to 4 in a one sided affair. St Louis defeats Chicago 9 to 5 and Boston tops New York 6 to 1 in other NL action. Weather interrupted Cincinnati at Pittsburgh with rain.
Winnie Judd Declared Sixty Percent Insane by State Expert
Florence Arizona UP Winnie Ruth Judd the condemned murderer gained a partial victory as Dr Joseph Catton principal state alienist testified she is sixty percent insane during a sanity hearing He said she is sane at trial with present mental condition due to feigning insanity The defense hopes to delay execution set for April 28 while other experts labeled her sane and the jury faces a final verdict on her sanity and fate.
MENTIONED IN THIS ARTICLE
Florence, Ariz
Winnie Ruth Judd
Joseph Catton
O. E. Utzinger
Ray, Ariz
Catton
Judd
Paul Bowers
Los Angeles
Priday
Lindberghs Narrow Escape From Water Contaminated Gas
Col and Mrs Charles A Lindbergh forced to make a three point landing in Pittsburgh after water in their Lockheed Vega gasoline caused engine trouble. They landed safely with no injuries and mechanics cleaned gas lines before the plane resumed its journey to Columbus. Officials noted a later landing could have been dangerous.
MENTIONED IN THIS ARTICLE
Pittsburgh
America
Charles A. Lindbergh
Columbus
Harrisburg
Washington
Here
Ohio
Bandit Robs Belvedere Man of 4 Dollars With Baby
A Belvedere California man was robbed by a woman who held him up with a pistol while carrying a small baby. The bandit left with four dollars, according to G. E. Farbis who reported the crime to police on Thursday.
MENTIONED IN THIS ARTICLE
Belvedere
Calif
G. E. Farbis
Cedar Rapids Auto Toll This Year
Report shows Cedar Rapids traffic tolls with 94 accidents and 0 fatalities for the year, detailing injuries as not clearly recorded in the provided data. The figures indicate a stable incident level amid ongoing enforcement and safety campaigns.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Inflation delays passage of farm bill in Senate
The Senate voted to begin a $100 million appropriation to accelerate the President's farm relief program as inflation fights loom. Debate over pricing and mortgage refinancing plans dominated the session while leaders pushed for final farm bill passage and debt relief measures.
MENTIONED IN THIS ARTICLE
Washington
Senate
Treasury
Chatrman
Smith
Inne Istration
Collier To Head U.S. Indian Bureau
Washington AP reports John Collier of California was confirmed by the Senate as commissioner of Indian affairs on Thursday.
MENTIONED IN THIS ARTICLE
Collier
U.S. Indian Bureau
Washington
John Coller
California
Senate
Bullitt Appointed Special Assistant in State Department
William C. Bullitt of Philadelphia was named by Secretary Hull on Thursday to be a special assistant in the state department.
MENTIONED IN THIS ARTICLE
Washington
William C. Bullitt
Philadelphia
Hull
State Department
Markets Swirl Upward With Amazing Rush
The first official departure of the U S from the gold standard sent global markets into frenzy. London faced anxiety as the dollar fell to 3 90 per pound, Paris saw stocks rise and the dollar close at 22 46 francs, and Rome and Vienna noted weaker dollars. New York markets surged with inflation expectations, as Wall Street and Chicago Board of Trade reports showed record buying and massive block orders in International Nickel and International Telephone amid a chaotic trading day.
MENTIONED IN THIS ARTICLE
United States
London
Britain
Paris
New York
Wall Street
Chicago Board of Trade
New York Stock Exchange
International Nickel
International Telephone
Roosevelt pushes plan for three to eight billion in notes
Senate debate heats as McAdoo introduces a bill to authorize up to 8 billion dollars in United States notes to retire short term debt. The plan would make notes legal tender for most debts, with federal reserve counts and a sinking fund. Roosevelt seeks inflation to raise prices and revive output despite Republican opposition.
MENTIONED IN THIS ARTICLE
Washington
McAdoo
California
Secretary of the Treasury
United States
Federal Reserve
Senate
David A. Reed
Rep
Treasury
Ogden L. Mills
Reed
Mills
Roosevelt
Thomas Bil
Federal Reserve Board
Federal Reserve Banks
Court action to oust Mayor Kelly of Chicago
An Illinois supreme court action seeks to remove Mayor Edward J. Kelly of Chicago from office. A motion for a writ of mandamus asks the court to compel the Chicago city council to call a special election to choose a successor to the late Mayor Anton J. Cermak, filed by Frank Brosselt.
MENTIONED IN THIS ARTICLE
Springfield
Ill
Illinois Supreme Court
Edward J. Kelly
Chicago
Anton J. Cermak
Frank Brosselt
Half Billion Out From U S Budget
Budget estimates for the independent offices appropriation bill show savings of about 500 million dollars. The largest cut, 360 million, comes from veterans funds under the emergency economy act, submitted to Congress by President Roosevelt.
MENTIONED IN THIS ARTICLE
Washington
Independent Offices
Congress
Roosevelt
Morgenthau Sells July Wheat Futures
Farm Board Chairman Morgenthau announced the completion of the sale of all July wheat futures held by the Grain Stabilization Corporation. May futures were sold earlier, leaving September futures as the main remaining holding and signaling near termination of the government's grain operations.
MENTIONED IN THIS ARTICLE
Washington (Lp
Farm Board
Morgenthau
Grain Stabilization Corporation
German Warships Condor and Falke Collide in Kiel Harbor
In Kiel harbor two German destroyers Condor and Falke collided on Thursday while heading to Wilhelmshaven. Both ships sustained damage but no injuries were reported.
Also Mentioned on This Page
Verne Marshall
Sam
Turkey
England
Oith
Wwe
Hoourth
Europe
J. P. Morgan
King Bee of
American Finance
OWA Assembly
Ed Brown
Hild
U.5
MacDonald
White House
Burr
Culumn
A. Thomas
Sewell
Grove
Cochrane
Detroit
Cleveland
Sorrell and Hayworth
Reiber
Brown and Spencer
St. Louis
Knott, Brown and Ferrell
Durham
Frasier, Heving and Grube
Brooklyn
Elliott
Pearce
Davis
Clark
Benge
Mungo
Lucas
Lopez
Sukeforth
Malone
Carleton
Boston
Frankhouse , and Mancuso
Hartnett
Dean
Wilson
Ind Hogan
Hubbell
Cincinnati
Winnie Judd
Lindberghs
Bandit Madonna
Broad Administration
Wagner
Dem
N. Y
Wallace
Frazier
N. D
King
Utah
Reconstruction Corporation
Reclamation Fund
Robinson
Arkansas
Federal Reserve Banking System
Glass
W. C. Bullitt
THE
Associated Press
Berlin
Rome
Vienna
Kelly
U. S
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