Market crash jitters sweep New York stocks down
New York reporters note a broad stock decline as both foreign and domestic traders unload. The Dow fell 5.01 to 171.97, with widespread losses across all divisions and heavy declines in utilities and rail averages. Commodities also dropped, led by wheat and cotton futures, amid rumors of shifts in American gold policy and nervous world markets.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Sunes
Stear
Johannesburg
South Africa
Wearin Proposes Land Bank Resale to Cut Farm Tenancy
Representative Otha Wearin of Iowa argues that reselling foreclosed land to tenants is the best, least costly solution to tenancy. He says about 8,000,000 acres now owned or foreclosed by the federal land bank could be purchased by tenants using stock taxpayers already own, reducing need for large new appropriations.
MENTIONED IN THIS ARTICLE
Washington
Otha D. Wearin
Iowa
House
Federal Land Bank
Wearin
Nebraska Lieutenant Governor Bond Set At Two Thousand
Lincoln Neb Lieutenant Governor Walter Jurgenson bound over to district court under a two thousand dollar bond after waiving preliminary hearing in municipal court. He is charged with embezzling nine hundred sixteen dollars in stock from Chester Kaderli station agent at Potter. An offer of four hundred dollars in full settlement if charges were dropped was opposed by County Attorney Max G Towle and sustained in court.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
INS
Walter Jurgenson
Chester Kaderli
Potter
Jurgenson
Max G. Towle
The Contrarian Friend and the Art of Disagreement
A vivid reminiscence of a perpetual contrarian who always argued against the majority. The speaker cites his friend’s habit of opposing every point, yet notes how he remained engaging and respected, valuing honest dissent over soft consensus. The piece closes with admiration for dissent as truth-telling.
Science in Kentucky trial of Denhardt for murder
Brigadier General Henry H Denhardt faced a high profile murder trial in New Castle Kentucky as prosecutors introduced scientific evidence to prove the weapon used by Denhardt caused fatal injuries to his fiancée Verna Garr Taylor. Ballistic testimony examined wound distance and powder evidence to dispute self harm theories and bolster the charge.
MENTIONED IN THIS ARTICLE
New Castle
Henry H. Denhardt
Commonwealth of Kentucky
Verna Garr Taylor
Commonwealth
H. Benton Kinsolving
Kinsolving
John T. Walsh
la Grange
Taylor
Denhardt
Walsh
Clyde P. Erwin
Lebanon
Ohio
Charles C. Marshall
Carnegie-Illinois Steel Abolishes Company Union
Carnegie-Illinois Steel, a U S Steel unit, announced withdrawal of support for its company union and will not recognize it in bargaining. President Benjamin F. Fairless said the union is illegal, posting the notice for at least 30 days. the move follows a contract with the Steel Workers Organizing Committee.
MENTIONED IN THIS ARTICLE
Pittsburgh
John L. Lewis
Steel Workers Organizing Committee
Carnegie-Illinois Steel Corporation
Carnegie-Illinois
United States Steel Corporation
National Labor Relations Board
Washington
Benjamin F. Fairless
U.S
Jaries
Inside Story of U S Steel Unionization Revealed by Fortune
Fortune's May issue details Myron Taylor's role in U S Steel unionization with John L. Lewis. It asserts Taylor drafted key terms while in Florence, opposed a united front to crush labor, and acted to bring the CIO deal before wage talks. It also notes his secrecy from top executives and preemptive wage moves ahead of March 1 pact.
MENTIONED IN THIS ARTICLE
New York
INS
United States Steel Corporation
John L. Lewis
Fortune
Myron Taylor
U. S. Steel Board of Directors
Florence
Taylor
United Front
Labor
United Front of Industries
Committee For Industrial
U. S. Steel
Lewis
CIO
Europe
U. S
LaGuardia Attacks Hitler Twice More At Aid Society
New York Mayor Fiorello H. LaGuardia mocked Adolf Hitler at the Hebrew Sheltering and Immigrant Aid Society convention in a third public insult. He invoked a curse on Europe’s three dictators and used Yiddish to condemn dictatorship.
MENTIONED IN THIS ARTICLE
New York
Fiorello H. LaGuardia
Adolf Hitler
Hebrew Sheltering and
Europe
LaGuardia
Hitler
National League and American League baseball scores report
National League games show Boston and Brooklyn totals with rain postponements. Fette, Robbie, Smith, Jeffcoat, Lopes, Hamlin, Birkofer and Phelps noted. American League highlights Philadelphia and New York scoring, with Washington and Boston performances and players DeShong, Linke, Hogan, and Ferrell featured.
MENTIONED IN THIS ARTICLE
Boston
Brooklyn
Fette
Robbie -Smith
Jeffcoat
Lopes
Hamlin
Birkofer
Phelps
DeShong
Linke
Hogan
Eerie
Marcum
R. Ferrell
Van Sweringen Realm Control Transferred in NY Sale
George A Ball announces the sale of the vast Van Sweringen empire holdings to three young New York financiers led by Ri-Young ink Kolbe and Kirby. The Mid America Corp securities and real estate interests were transferred to Ball foundation owners. Ball declined to disclose the purchase price.
MENTIONED IN THIS ARTICLE
New York
Allegheny Corp. Securities
van Sweringen Brothers
George. A. Ball
Muncie
Ind
Mid- America. Corp
Mid- America
George A
Frances ‘Ball
New-York
Ane
Ee Ett Ri-Young
Ink. Kolbe
Kirby
van ‘Eweringen
Ball
House PLOWS Through 23 Senate Claims Bills in Iowa
Des Moines AP Iowa House speeds toward early adjournment by Tuesday night as it approves 23 senate claims bills and an appropriation act for 161 114 dollars. Senate dockets cleared, members observe memorial tribute to governors and state officials who died since 1935, including Harding Clark Kendall Hammill and others. Both chambers may push last-minute enactments to end the Forty-seventh General Assembly.
MENTIONED IN THIS ARTICLE
DES Moines
Forty-seventh General Assembly
Iowa House
Senate
W. L. Harding
George W. Clark
Nathan E. Kendall
John Ham
Indianola
Charles Dutcher
Iowa City
Otto Lange
Dubuque
Fred L. Maytag
Newton
Imperial Horses Train Quietly for Coronation Ritual
Imperial horses endure noisy daily parades with drums and firecrackers as part of coronation preparations. Spectators line routes while trainers stage loud, rhythmic ceremonies to acclimate the animals, raising concerns of stampedes amid the spectacle.
Supreme Court weighs old age pension and unemployment insurance cases
The Supreme Court agreed to review the constitutionality of federal old age pension provisions and delayed ruling on unemployment insurance, with arguments noting potential simultaneous decisions. Justices read fifteen opinions in a two hour session, including a five to four ruling involving Angelo Herndon. The case stemmed from Edison Electric Illuminating and related taxation suits, while 26 million workers and 2.7 million employers faced payroll levies from 1 to 3 percent over years.
MENTIONED IN THIS ARTICLE
Washington
Supreme ‘Court
Supreme Court
George.p. Davis
Edison« Electric
Boston
Stanley Reed
Supreme Court declares Georgia insurrection law unconstitutional
The high court ruled Georgia’s 1871 insurrection statute invalid under the Fourteenth Amendment. Angelo Herndon, a Cincinnati Black communist organizer, had been sentenced to 18 to 20 years for the conduct. Justice Roberts wrote for a 5 to 4 majority, with Van Devanter dissent joined by McReynolds Sutherland and Butler.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Georgia
Angelo Herndon
Cincinnati
Roberts
Justice van Devanter
McReynolds, Sutherland and Butler
Justice Roberts
Cedar Rapids Firm Pays Below Local Minimum, Workmen Strike
About 15 to 20 laborers at Iowa State College halted work when contractors J F Heathel and Co of Cedar Rapids allegedly paid 40 cents per hour instead of the 50 cent local minimum for tearing down the west sections of the Old Elm lodge used by the state planning board. Foreman Fred Knapp said he would confer with the contractor to resolve the wage dispute.
MENTIONED IN THIS ARTICLE
AMES
Old Elm Lodge
Iowa State College
J. F. Heathel and Company
Cedar Rapids
Iowa State Planning Board
Fred Knapp
Knapp
Possible Pact Between Hitler and Duce Spreads Fear
Diplomats believe a military alliance between Adolf Hitler and Benito Mussolini may be forming after a three hour Venice conference with Hermann Goering. They cite intensified Italo German cooperation in military and economic areas and talk of a joint defense industrial unit to be self sufficient in war.
MENTIONED IN THIS ARTICLE
Rome
Europe
Adolf Hitler
Benito Mussolini
Hermann’ Goering
Italy
Germany
Russia
France
Goering
Mussolini
Venice
Duce
Ciane
Berlin
Budapest
Vienna
Hitler
Spain
Austria
Talcum Barrage Foils Police at Parke Davis Riot
About fifty officers stormed the Parke Davis plant to disperse 200 sitdown protesters. The crowd hurled a talcum powder barrage and water from hoses, mistaken for lime. Commanders verified the white spray as talcum powder. Twenty five strikers were arrested before surrender.
MENTIONED IN THIS ARTICLE
Detroit
Parke Davis
Fetchit's Condition Is Still Critical
New York reports that Stepin Fetchit, the screen comedian, remained in critical condition at Harlem hospital after his car struck an elevated pillar when a tire burst. His skull fracture was confirmed from the Sunday accident, with no improvement noted Monday.
MENTIONED IN THIS ARTICLE
New York
Sns
Stepin Fetchit
Harlem Hospital
Welfare Centralization Bill Passes House In Des Moines
Des Moines AP The House approved the welfare department centralization measure joining state and county welfare efforts. The bill creates a state welfare board, county boards, and a coordinated system for old age pensions relief and child welfare, with dollars slated for about 18 million annually. The chamber recessed awaiting Senate action on related measures and funding.
MENTIONED IN THIS ARTICLE
Des Moines
State’ Welfare Board
Senate
Civic Social Security Committee
State Board
IERA
State Old‘age ‘Assistance Commission
State Control Board
State Department
Flood Threat Grips Johnstown and Pittsburgh Area
Floodwaters from two rivers threaten Johnstown and Pittsburgh with rising waters. The Conemaugh and Stony Creek rivers surged, forcing evacuations and school and transit disruptions. Downtow n streets faced submersion while Bethlehem Steel plant and other businesses shut as rivers crested and began receding.
MENTIONED IN THIS ARTICLE
Johnstown
Stony Creek
Lower Cambria
Bethlehem Steel Corporation
Pittsburgh
Wheeling
W. Va
Daniel Shields
Conemaugh
Explosive dynamite bomb found near Auburn shoe plant
Police and militia traced a bomb attempt tied to Maine's 32 day shoe strike. Three sticks of dynamite with a burned fuse were found by a watchman 150 feet from Venus Shoe Manufacturing and Lawn Shoe Company in Auburn. The device was ignited and tossed over a fence from the street.
MENTIONED IN THIS ARTICLE
Auburn
Mornday
Maine
Harry W.” Rowe
Venus Shoe Manufacturing ‘Company
Lawn Shoe Company
Rowe
Roosevelt appoints 3 man board to probe eastern rail labor dispute
Roosevelt invokes executive authority to avert a strike by 35000 eastern railroad workers. A three member board will study wage demands and work conditions from unions including the Brotherhood of Railway Clerks and the ILWU as lines such as Pennsylvania, Long Island, Baltimore and Ohio, and New Haven face disruption. The panel will be paid daily and receive travel, subsistence, and standard government allowances.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Eastern Railroad
Gerrer
National Mediation Board
New York
International Longshore
Pennsylvania _and
Long Island
Baltimore and Ohio
Reading
Central Railroad
New Jersey
Lehigh Valley
New Haven
Hartford
Delaware
Lackawanna
Erie
Westinghouse Demands Spark Labor Negotiations
Labor talks opened Monday in two cities as Westinghouse Electric and Manufacturing faced a union demand to recognize the United Electric and Radio Workers as the sole bargaining agent for 47,000 workers in Pittsburgh. In California, Governor Merriam planned talks with Stockton cannery workers and a new cannery workers union to end a 10 day strike involving about 1,300 workers. Ford Richmond plant to reopen after a short sit down strike tied to UAW discrimination allegations and failure to meet with employer chosen shop standards.
MENTIONED IN THIS ARTICLE
Pittsburgh
Westinghouse Electric
United Electric and Radio Workers Union
United
Johnl. Lewis
American’Federation of Labor
Westinghouse
Sacramento
Calif
Frank Merriam
Stockton
Cannery Workers
Dudley Sargent
J. Paul St. Sure
Richmond
Calif., Assembly
Ford Motor Company
United Automobile Workers
Also Mentioned on This Page
Nebraska
Jupiter
Cicero
Cather
DR. Newton
CO. Union
Carnegie - Illinois
United Press
National League
Phi Delphia
Nmles
Ross
Hayes
Brosca
Key
Glenn
van Sweringen
Artaur
Bugs
Raer
Lloyd George
Old
Neste
Charles C. Steward Machine Company
Alabama
Georgia Law
Law
Fetchit
Paxis
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