Bank deal details reveal irregularities in 1931 Citizens Savings
Ottumwa report outlines seven year effort by depositors to recover funds from a $714000 trust created by First Bank and Trust, uncovering unlawful practices at Citizens Savings under former state banking chief L A Andrew. The merger masked inflated bond values and unrecorded notes, draining capital and prompting calls for charges.
MENTIONED IN THIS ARTICLE
Ottumwa
First Bank and Trust Company
Citizens Savings Bank
L. A. Andrew
Andrew Bank
First National
First Trust and Savings Banks
Citizens Savings
Andrew
Banking Department
Des Moines
D. W. Bates
Four point sermon on the civilized man and public virtue
An old friend recalls a fifty year old sermon that outlined four points. First a savage lives on others. second a barbarian looks after self. third the civilized man lives and lets live with compassion. fourth the world needs builders with courage and kindness to protect and uplift all. The piece urges spiritual gifts of courage, compassion and understanding.
MENTIONED IN THIS ARTICLE
Jess
Newton
Earth
United Feature Syndicate. Inc
House Passes Profits Tax With Defense Facility Provisions
The House approved excess profits tax legislation on a voice vote, designed to speed up expansion of industrial defense facilities. The measure passed Thursday and moved to the Senate.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Wallace Acceptance Talk On Air Tonight
Henry A. Wallace will deliver his acceptance speech for the Democratic vice presidential nomination on Thursday evening. The Des Moines ceremony will be broadcast nationally via WMT Cedar Rapids and WHO Des Moines at 8 15 p m CST with WSJZ NBC and CBS also on air at that time. Fifteen minutes later Mutual and WEAF NBC join as John K. Valentine Iowa governor candidate introduces Wallace.
MENTIONED IN THIS ARTICLE
Henry A. Wallace
Des Moines
WMT
Cedar Rapids
WHO
WSJZ
NBC
CBS
Marvin Jones
Texas
Mutual
Weafnbc
John K. Valentine
Iowa
Wallace
Sir George Paish Located in New York Suburb
Bulletin from New York reports Sir George Paish the British economist under investigation for propaganda was found at a friend's home in a New York suburb. He declared this is America's war in an interview. Paish checked out of a Washington hotel as the Justice Department probes his affairs. Dr Nicholas Murray Butler of Columbia University is cited as his sponsor in the United States.
MENTIONED IN THIS ARTICLE
New York
INS
Sir George Paish
America
Friends
Sir George
Washington
Department of Justice
Nicholas Murray Butler
Columbia University
Carnegie Endowment For International Peace
Wallace appeals for unity of farmers and small business
Henry A Wallace told a Des Moines press conference there is no conflict between farmers and small businessmen. a campaign stop at the Des Moines Coliseum is planned with a 9,000 seat capacity. He will discuss farm issues framed by his vice presidential bid and depart for Midwest tours after his Chicago speech.
MENTIONED IN THIS ARTICLE
Des Moines
Henry A Wallace
Wallace
Des Moines Coliseum
Illinois
Iowa
Washington
Indiana
James LeCron
Marvin Jones
Tex
House Agricultural Committee
Clifford Gregory
The
Prairie Farmer
Jones
Chicago
Colossus of the North Opines on Monroe Doctrine
Arthur Bugs Baer argues the Monroe Doctrine should be applied with broader reach across the western hemisphere. He calls for concerted action with Latin America and the far north to assert U S influence and warns at home and abroad that the region remains ripe for expansion and engagement.
British Bombs Kill Ten At Berlin
Ten people died and 28 were injured when British raiders bombed Berlin for nearly three hours in the war’s first attack on the capital. The strikes hit the southeastern workers district, damaging several houses, with alarms sounding at 12 25 am and the all clear not given until 2 20 am.
MENTIONED IN THIS ARTICLE
Berlin
INS
RA. F
Hamburg
Kottbusser Strasse
Removal Call for Demo Official Over Defense Fees
Senator Bridges demands President Roosevelt remove Lawrence W. Chip Robert as Democratic National Committee secretary over disclosures that his Atlanta firm Robert and Company received 931 560 in fees on defense contracts totaling 26 859 081. He urged the attorney general to probe bids and the contract awarding process.
MENTIONED IN THIS ARTICLE
Washington
Bridges
N. H
Senate
Roosevelt
Lawrence W
Chip
Robert
Democratic National Committee
Atlanta
Robert, and Company
Congressional Record
Vinson
House Naval Committee
Republican National Committee
Collins Radio Co. Awards Contract For New Building
The Collins Radio company awarded a $175,000 plant construction contract in Kenwood to the Cleveland based Austin company of Cleveland. The firm began moving equipment to the site after the Thursday announcement by Arthur Collins. The building is slated for completion late this fall and will be air conditioned lighted and soundproof.
MENTIONED IN THIS ARTICLE
Collins Radio Company
Kenwood
Austin Company of
Cleveland
Arthur Collins
Accused Slayer Of Rothstein Is Dead
George Mc Manus a noted Broadway gambler once accused in the 1928 Arnold Rothstein murder died of heart disease at his Sea Girt summer home. He was acquitted after a sensational trial, but the Rothstein slaying remains a mystery.
MENTIONED IN THIS ARTICLE
New York
George McManus
Arnold Rothstein
Sea Girt
McManus
General Sessions
Rothstein
Mercury Moves In Narrow Range In Cedar Rapids
Cedar Rapids weather note reports a partly cloudy sky with temperatures ranging from 61 to 77 degrees. Data from Chambers-Inskeep records shows a midweek pattern with a 2:45 PM high near 77 and evening readings around 64.
MENTIONED IN THIS ARTICLE
Mercury
Cedar Rapids
Chambers -Inskeep Company
German Air Raid Description From Britain Attack
Berlin report quotes German crews returning from dawn attacks on Britain using phrases like a sea of flames to convey the impact of a surprise dive bomber raid on Britain's great ports. Continued on page six.
MENTIONED IN THIS ARTICLE
Berlin
Britain
Dr Eddie Anderson Buys Nine Acre Estate in Iowa City
Special to The Gazette. Dr Eddie Anderson University of Iowa football coach buys a nine acre estate in north Iowa City on Gilbert street. Remodeling under Mrs Anderson to finish by mid September. Purchase boosts hopes of a permanent residence amid speculation other universities may lure him.
MENTIONED IN THIS ARTICLE
Iowa City
Eddie Anderson
University of Iowa
Anderson
Gilbert Street
University Hospital
Britain suffers biggest night attack of war
German raiders resumed a seven hour assault on southeastern England after the largest night bombardment to date. Civilians were killed in numerous areas as hundreds of bombs exploded across England and Wales while Britain’s RAF carried out raids on targets in Germany Holland and occupied France.
MENTIONED IN THIS ARTICLE
London
England
Wales
Condon
Britain
Air Ministry
Germany
Holland
France
Berlin
Royal Air Force
Wallace To Be Informed Of VP Nomination In Des Moines
In Des Moines Representative Marvin Jones and NEA Telephoto, along with an official notifier, prepare to tell former Secretary Henry A. Wallace of his official nomination as vice president on Thursday night.
MENTIONED IN THIS ARTICLE
NEA
Marvin Jones
Texas
Secretary of Agriculture
Henry A. Wallace
Des Moines
Wallace
Railroads Propose Gates and Signals on Fourth Street
Four railroads led by Rock Island ask city for signals and gates at Fourth Street crossings from First to Seventh Avenues replacing flagmen. Proposals include two new towers near Second and Sixth Avenues to operate flashers and gates. Council opposed the plan and referred the letter for full consideration with a meeting planned next Tuesday.
MENTIONED IN THIS ARTICLE
Fourth Street
First
Seventh Avenues
Johnson
Rock Island
Illinois Central
Milwaukee
North Western
Totroad
Italians Launch First Bombing Raid on Suez Canal
Italian general headquarters reports heavy bombing of the Suez Canal on Thursday marking the first raid on the canal itself. planes flew long routes from Port Said to Ismailia despite poor weather hitting the northern entrance and railway links to Palestine. A Cairo dispatch said nine Italian planes raided Port Said with no damage or casualties.
MENTIONED IN THIS ARTICLE
Rome
Suez Canal
Canal
Port Sata
Churchill Obeys Mayor Commands During Kent Air Raid
London AP report says during a Kent coast air raid on Wednesday Prime Minister Winston Churchill entered an underground shelter. Mayor A Brikempe of Ramsgate sharply ordered him to extinguish his cigar. Churchill complied and quipped there goes a good un.
MENTIONED IN THIS ARTICLE
London
Winston Churchill
Kent
A. Bri Kempe
Ramsgate
Churchill
Warning on Government Price Policing of Consumer Goods
The national defense council warned Washington meeting that federal authorities will police prices of consumer foods if unwarranted price rises occur amid the rearmament drive. Ben Lewis of the Consumers Division urged action if price logs clog civilian defense efforts.
MENTIONED IN THIS ARTICLE
Washington
INS
National Defense Council
Ben Lewis
Consumers Division
The
Defense Commission
Harriet Elliott
Commission
Lewis
House Acts To Broaden Draft Age Range
The House Military Committee approved a conscription bill expanding the draft age from 21 to 44, aligning with the Senate’s 58 to 31 passage. The bill would require federal state and local workers to register and features amendments on exemptions and deployment limits.
MENTIONED IN THIS ARTICLE
Washington
House Military Committee
Senate
Three of the Best Renting Days of the Year
Weekend demand peaks as Labor Day draws buyers back to towns. Vacations end, families and teachers seek rooms, apartments, and houses. The Gazette urges readers to place For Rent Want Ads, Friday start, via dialing 2-1121 and using 3 or 7 day rates.
MENTIONED IN THIS ARTICLE
the Gazette
Also Mentioned on This Page
L. A. Andrew Bond
Verne Marshall
Bulletin
Wendell Willkie
Willkie
Elwood
Ind
Sen
Charles I. McNary
McNary
Havana
Arthur “Bugs” Baer
Europe
Atlantic
Pierre XY
Boss
Collins Radio Co
Cedar Rounds
Rothstein Is
Cedar Rapids News
Dr. Anderson
Admiralty
North Africa
Palestine
Middle East
Kenya
Ethiopia
Dubai
Polignay
Lake Rudolph
Alexandria
Egypt
U.S
Committee OF House
Charman May
May
Bese
Richard B. Russell
Executive Department
Jana
Herring
Gillete
Francis T. Maloney
Russell
Carl Hayden
Ariz
Alexander Wiley
Wis
Congress
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