Treasury plans weekly sale of notes to sterilize gold
The Treasury aims to sell treasury notes each week to raise funds to buy all available gold in the country. Newly mined and foreign gold coin will be sterilized immediately to keep gold dust and nuggets from entering circulation. This step seeks to curb potential inflation and prevent another boom-bust cycle like 1928-29.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
Uncle Sam
Federal Treasury
Federal Reserve Banks
Senate Moves to Try Cuban President on Impeachment
The Cuban senate met at 1 10 p m Tuesday to act on impeachment charges against President Miguel Mariano Gomez based on House charges.
MENTIONED IN THIS ARTICLE
Havana
INS
Miguel Mariano Gomez
County Attorney Targets Gambling with Injunction Action
Cedar Rapids and Linn county police units launch a broad injunction campaign led by County Attorney G. K. Thompson to shut down gambling operations. The filing targets Windsor hotel manager Charles D. Cutter and seeks a temporary injunction that could become permanent, allowing confiscation of gambling fixtures. A raid also led to a beer violation charge against Kathrine A. Cutter.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Linn County
G. K. Thompson
Thompson
Charles D. Cutter
Windsor Hotel
First Street NW
Cutter Establishment
Kathrine A. Cutter
Windsor
Cutter
A. B. Clark
Thursay
Half Billion More Drought Relief Sought by Congress
Western lawmakers press for $500 million in additional drought relief as budget cuts threaten aid. Rep Burdick says funds will help farmers and small towns through the next harvest, with resettlement programs and PWA grants in focus. Oklahoma reps urge increased appropriations. drought bloc forms to push the agenda.
MENTIONED IN THIS ARTICLE
Washington
INS
Roosevelt
Congress
PWA
Burdick
North Dakota
Move To Halt Inflation And Boom In Stocks
Washington reports the administration moved to curb a potential 24 billion dollar credit inflation feared to fuel a stock market run. Treasury officials after talks with Roosevelt and Fed governors announced plans to purchase gold for an inactive fund, sterilizing reserves and reducing excess bank reserves to temper inflation risks.
MENTIONED IN THIS ARTICLE
Washington (Lp
Federal reserve plans to buy notes not gold
The Federal Reserve banks will use excess funds to buy treasury notes instead of gold, reducing reserves while assisting credit creation. Despite the ban on privately held gold, it remains a valued but troublesome asset. Foreign capital seeks safe havens as U S economic gains lift excess bank reserves toward three billion dollars. The treasury acts to curb inflation by counteracting idle funds, with credit potential estimated at ten dollars of credit per idle dollar.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Henry Morgenthau, Jr
Roosevelt
Federal Reserve System
Federal Reserve Banks
Treasury
Federal Reserve
Uncle Sam
Archbishops Criticize Edward as Abdication Reverberates
The Archbishops of York and Canterbury harshly denounce former King Edward VIII over his abdication and love for an American divorcee. The blast follows his radio criticisms and hints at possible public disclosure. Royal fallout continues as the world weighs motive and accountability.
Judge Reeves Urges Grand Jury to Probe Election Frauds
In Kansas City Judge Reeves tells a federal grand jury to pursue alleged election frauds to protect the ballot. He warns that dishonest votes strike at America's heart and urges action even against high authorities. He calls for bold, comprehensive probes to root out corruption.
MENTIONED IN THIS ARTICLE
Kansas City
Pendergast
Reeves
America
WPA review trims Iowa relief staff and saves millions
A review of 30,000 Iowa WPA workers shows 1,584 removed from relief payrolls after 5,112 examined. Of those dropped, 902 failed to return questionnaires, 182 had no federal aid need, and 498 were eligible for social security or disqualified for other reasons. If only 20 percent could be cut instead of 30, the monthly relief savings would still run into millions. Why resist this fiscal pressure?
Cuba Senate Opens Impeachment Trial of President Gomez
President Miguel Mariano Gomez goes on trial after impeachment by the House. The senate will hear prosecution and defense then meet in secret to determine if Gomez must resign. Batista ally-led senate expected to uphold charges amid looming political shake-up.
MENTIONED IN THIS ARTICLE
Havana
Miguel Mariano Gomez
House of Representatives
Senate
Gomez
Fulgencio Batista
Batista
Frederico Laredo Bru
National Defense
Rafael Montalvo
Montalvo
Cuba
House
Col. Batista
Winter Arrives as Cedar Rapids Record Lows Hit Ten
Winter officially arrives in Cedar Rapids with a sharp plunge in temperatures. The day’s high reached 32, then fell to 24 by 7 pm and 15 at midnight, bottoming at 10 degrees at 7 am Tuesday amid a light morning fog.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Mercury
The Body's Hidden Wisdom Says Harvard Author
Harvard author R Cannon argues the body holds vast wisdom and defense mechanisms. He cites reserves of organs and blood vessels, temperature balance, healing, and immune responses as proof that the human frame is a remarkable automatic self healer.
MENTIONED IN THIS ARTICLE
R. Cannon
Harvard
Perkins pledges labor effort to avert steel and auto strikes
Washington. Secretary of Labor Frances Perkins said she would mobilize the department to prevent outbreaks of strikes in the steel and automobile industries as heads of CIO and General Motors met in Washington.
MENTIONED IN THIS ARTICLE
Washington
Frances Perkins
GM and CIO Union Hold Secret Talk Over Recognition
General Motors officials and United Automobile Workers representatives held a secret conference in the GM building to discuss recognition and bargaining for 211,000 workers. Official releases deny details, but sources say the meeting followed UAW demands on speed up, seniority, and alleged discrimination.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
United Automobile Workers of America
UAWA
William S. Knudsen
International Cio Union
Knudsen
Homer Martin
George Addes
Mayor refuses to intervene in Detroit Kelsey-Hayes sit down strike
Detroit mayor Frank Couzens declines to intervene in the Kelsey-Hayes Wheel sit down strike at two plants, after a talk with Henry Ford. George Kennedy, president of Kelsey-Hayes, asked the mayor to remove about 200 strikers. Couzens warned police not to interfere and left Kennedy to issue a statement later.
MENTIONED IN THIS ARTICLE
Detroit
INS
Frank Couzens
Kelsey-Hayes Wheel Corporation
Henry Ford
George Kennedy
Kelsey-Hayes
Couzens
Kennedy
Chiang Kai-shek’s Wife Pleads for Release at Sianfu
Mme Chiang Kai-shek flew from Nanking to Sianfu Shensi province to press for her husband Generalissimo Chiang Kai-shek's release amid civil war unrest. Officials deny ransom rumors and stress the crisis is political, not monetary.
MENTIONED IN THIS ARTICLE
Shanghai
Nanking
Mme
Chiang Kai- Shek
Sianfu
Shensi Province
Hsueh- Liang
Chiang Kai-Shek
Chang Hsueh- Liang
Japan
Executive Yuan
Council
Shensi
China
Mme. Chiang
T. V. Soong
Chang
Marshal Chang
Senate Leaders Agree On Job Insurance Bill
Iowa Senate leaders from both parties agreed to rush unemployment insurance legislation with minimal amendments and send it to the House for consideration. Republican Claude Stanley said all major amendments would be withdrawn to speed passage, with Democrats agreeing to revisit amendments at the start of the regular session. The plan aims to extend benefits to intermittently unemployed, funded by employer taxes on a graduated basis.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Senate
House
Claude Stanley
Corning
H. L. McCarthy
Chicago
Social Security Board
McCarthy
A. H. Avery
Spencer
Federal Official Plunges To Death In Detroit Hotel
William S. Sayres Jr., 53, a federal master in chancery, fell from the twenty eighth floor of the Book Cadillac hotel in Detroit Tuesday afternoon after leaving his federal building office in a wheelchair. An attendant accompanied him. the attendant saw the room empty when returning.
MENTIONED IN THIS ARTICLE
Detroit
William S. Sayres, Jr
Book- Cadillac
Sayres
Federal Building
New Social Security Applications Reach Over 22 Million
The Social Security Board reports 22,129,617 workers filed for federal old age benefits, up about 800,000 since December 16. New York leads with 3,433,631 filings followed by Pennsylvania 2,165,478 and Illinois 1,680,059, with Ohio California Massachusetts Michigan also recording tallies. Iowa shows 245,736.
MENTIONED IN THIS ARTICLE
Washington
INS
New York
Social Security Board
Pennsylvania
Illinois
Ohio
California
Massachusetts
Michigan
Iowa
Cedar Rapids Auto Accident Figures Reported
A brief from Cedar Rapids notes auto incidents with counts for accidents, injuries, and fatalities. No further details are provided in the fragment.
State Treasurer of Nebraska Dies
George E. Hall Nebraska state treasurer died of heart disease two weeks before completing a fourth term. A 24 year banker, 60, survived by his widow, a son, and three brothers.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
INS
George E. Hall
Nebraska
Former Cedar Rapids Man C L Van Valkenburg Dies in Berwyn
C L Van Valkenburg formerly of Cedar Rapids died at his Berwyn Illinois home. He worked in investment and brokerage in Chicago after leaving Cedar Rapids nine years ago. Born December 13 1872 in Fort Madison he moved to Cedar Rapids and worked in securities for the Iowa Electric Light and Power company. He headed that department before starting his own business. He was active in Masonic circles and Shrine work in Cedar Rapids and Fort Madison. He leaves a son Lawrence of Berwyn and his second wife. Burial will be in Lancaster Pennsylvania.
MENTIONED IN THIS ARTICLE
C. L. van Valkenburg
Cedar Rapids
Berwyn
Ill
Chicago
Fort Madison
van Valkenburg
Securities Department
Iowa Electric Light and Power Company
Stella Lodge
Crescent Lodge
Iowa
Pola
el Kabir
Oak Hill Cemetery
Lawrence of Berwyn
Mr. van Valkenburg
Lancaster, Pa
Hicks condemned to die for second murder in 20 years
Brookville, Ind. AP report Hicks 39 was found guilty of murder for the second time in twenty years and sentenced to die in the electric chair on April 10 for the head and hands slaying of Harry R. Miller, a wealthy retired Cincinnati fire captain.
MENTIONED IN THIS ARTICLE
Brookville, Ind
Heber L. Hicks
Harry R. Miller
Cincinnati
Parolee Held on Counterfeiting Mold Possession
Charles V Ayers a 27 year old Los Angeles resident with a prior Chariton hold up conviction was jailed in Linn county awaiting a federal grand jury hearing on illegal possession of counterfeit molds for 50 cent pieces. He waived to the grand jury and bond was set at 5 000. Ayers was arrested at H G Manuel's farm near Anamosa and brought to Cedar Rapids by federal officers. Sheriff Eichorn found plaster parts lead and molding material in Ayers room.
MENTIONED IN THIS ARTICLE
Charles V. Ayers
Los Angeles
Calif
State Reformatory
H. G. Manuel
Anamosa
Linn County
United States
Edward J. McPartland
Manuel
Henry Eichorn
Jones County
R. D. Cooley
Ayers
Cedar Rapids
Joseph A. Petrus
Chariton
Petrus
Eichorn
York Archbishop Attacks Edward Over Love Affair
The Archbishop of York denounces King Edward for falling in love with Mrs. Wallis Simpson calling it a sad story and warns that love conflicting with duty is not true gospel love. Canterbury seeks calm as Lord Beaverbrook's Evening Standard condemns York while launching a back-to-religion campaign.
MENTIONED IN THIS ARTICLE
London
York
Edward
Church of England
Wallis Simpson
Lord Beaverbrook
Evening Standard
Archbishop of Canterbury
Canterbury
Duke of Windsor
Archbishop of York
Mrs. Wallis Simpson
Britain
Lord Brownlow
Simpson
Mrs. Simpson
Archbishop of
Germans Found Among Spanish Rebel Dead Near Madrid
Madrid dispatch reports bodies of German army officers and soldiers found among rebel dead after a five hour battle south of Madrid. Loyalist forces attacked near Villaverde, moved forward on a frozen plain, and pressured rebel lines to threaten insurgent communications. The drive involved over 20 000 troops as rebels failed to encircle Madrid.
MENTIONED IN THIS ARTICLE
Madrid
INS
Villaverde
el Escorial
Pozuelo
Boai
Also Mentioned on This Page
Verne Marshall
Bulletin
Congress Group
Jack Nichols
Oklahoma
Budget Bureau
Farm Credit Administration
Relief Agencies
Ward
Bess
England
Cedar Rapids News
Duluth
el Paso
Sioux City
Dallas
Miami
Minneapolis
New Orleans
Totes City
Cleveland
Los Ange
Itland
Milwaukee
San Francisco
DR. Newton
CIO
Chiang
Cedar Rapids Auto
C.L. van Valkenburg
the Gazette
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