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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 01, 1933
Page
1
A national and state policy discussion in Washington and Des Moines tackles creditor debtor relations after postwar economic strain. Proposals call for moratoriums on foreclosures, debt readjustment, and a formal plan to compute war costs, per capita shares, and international commission oversight for debt liquidation.
Tokyo reports indicate Prince Saionji backs Uchida on quitting the League of Nations if a report condemning Japan’s Manchuria actions passes. A nine power drafting group at Geneva hardens stance, calling Manchuria an integral part of China and urging arbitration over military force.
Bela Lugosi, 50, famed actor of Dracula fame, married Lilian Arch, 21, of Los Angeles, in Las Vegas after a surprise elopement. Lugosi, born in Lugos Hungary, starred in Dracula and The Devil in the Chessboard.
The sixty piece Coe College band seeks to finance a Washington trip for Roosevelt's March 4 inauguration. A Cedar Rapids Memorial concert will fund the venture, with stops in Chicago Pittsburgh South Bend and Elkhart. Key supporters include Mayor Stepanek, Major C A Russell, and Sergt John Seay, who organized the group.
Elmer Lindquist aged 43 was fatally struck while walking on State Highway 80 in Moline Wisconsin. The driver Franklin J Wilke of Indian Point was at the scene and reported the incident to authorities this Tuesday morning.
Washington reports the Glass banking bill, once thought buried in the banking and currency committee, is set for hearings as Chairman Steagall advances reform measures. He notes much of the bill, including non controversial sections, can be quickly disposed of while the branch banking provision faces strong criticism and possible exclusion.
The Linn county board of supervisors reduced the 1933 budget by 224000 bringing total appropriations to 926541.79 with expected receipts of 1060652.11. 1932 expenditures reached 1385609.92 and the appropriation was 1150743.94. Receipts for 1932 totaled 1244326.43 and the poor fund balance Jan 1 showed 140690.23 overdraft. New poor fund appropriation is 104000 and 1932 poor fund expenditure was 330422.56.
Doorn Holland July 30 1914 letters from former Kaiser Wilhelm II reveal he blamed England for a potential European war and urged England to speak a decisive word for peace. The private documents also note his interest in Hitler's appointment and hint at possible return to Germany if invited, while showing no immediate plan to seize power.
The new cabinet, led mainly by conservatives, moved to strip Hitler of power by urging President Hindenburg to appoint Franz von Papen as federal commissioner for Prussia. The move, tied to a July decree, follows a pledge to Von Papen and signals a potential constitutional check on Hitler.
Berlin dispatch reports three killed and at least thirty five injured in daylong clashes after Hitler is appointed chancellor. The new government seeks centrist support in the Reichstag to secure a majority and advance constitutional rule. Cabinet to answer centrist leader Ludwig Kaas on policy Wednesday, potentially shaping fate of the pact.
In Indianapolis Nettie C. Davis and Mrs. Davis, 40, set her clothing on fire Tuesday and ran into the street, then threw herself in front of a motor truck. She urged the driver to run over her. The driver stopped a few feet away as a neighbor and bystander beat out the flames and took her to a hospital. She cited despair over a recent divorce as the motive.
In Erie Pennsylvania a jury awarded Zack T Miller an Oklahoma rancher and showman sixty six thousand dollars in damages against Tom Mix movie cow puncher. Miller had sued for three hundred forty two thousand alleging Mix violated a contract to appear with Miller’s 101 Ranch show. A prior jury had awarded twenty thousand but the case was appealed and retried.
Washington AP The house labor committee approved the Connery five day week six hour work bill. Chairman Connery will confer with Speaker Garner and leaders about a house vote. The measure would fine or imprison those moving goods made by workers over six hours daily or five days weekly in interstate commerce. Senate committee study continues with sponsors seeking quick action. Testimony cited interlocking directorates with Morgan Bank and Chase National Bank dominating industry and labor through such directorates.
Peter Veregin, famed Doukhobor leader, was reportedly sped eastward on a Canadian Pacific train toward the Atlantic, with authorities deciding to deport him. Officials avoided public comment, fearing Doukhobor retaliation as 17,000 followers face the action.
London reports indicate President-elect Roosevelt prepared to grant Britain a moratorium on the June 15 debt payment if negotiations extend beyond that date. The Daily Express says the pause would likely be extended to cover the December installment to allow a final settlement.
Cedar Rapids distributors agree on a new milk price schedule effective Wednesday. Regular pasteurized milk drops to 9 cents per quart, while higher butterfat milk rises to 10 cents. Milk testing payments shift to 1.65 dollars per hundredweight for 4 percent butterfat.
Briggs company officials announced the Detroit plant was operating again and said they had broken the strike that shut all Ford plants last Friday. President Walter O. Briggs said 1400 men were employed to take the strikers' places. Officials predicted Ford plants would reopen next week.
Mayor W H Stepanek and public safety commissioner Dan Kruidenier exchanged sharp accusations in a tense city council session. Stepanek pressed to rescind Kruidenier’s order to reorganize the department, claiming lack of council consultation and risk to veteran staff. Kruidenier stood by the action, warning pension fund strain and urging later consideration after a general spring readjustment. The session ended in an impasse with no formal council vote.
Beverly Hills editor quotes daily press jests on fragile news items. He notes snowbound Southern California marooned, France’s government shifts, Roosevelt Lindsey understanding, and Henry Ford’s bankers taunt as perennial headlines, then signs off with a skeptical business critique.
The Iowa house approved by 88 to 19 the Augustine bill repealing the five day marriage license law after a heated hour long debate. Supporters argued the law caused financial loss and failed to stop hasty marriages, while opponents claimed it safeguarded the home’s sanctity. Local examples cited included marriages in nearby states and moral grounds for repeal.
AP report notes urgent push to pass fiscal year appropriation bills by March 4 with night sessions likely. House backs McKeown LaGuardia emergency bankruptcy reform 201 to 43, aiding debtors and railroads, enabling court backed adjustments and delaying farm foreclosures. Hoover and Roosevelt endorse.
United States Steel corporation in New York announced a 50 cent dividend on its preferred stock ending a 32 year streak of quarterly payments of 1.75 dollars. The move shocks investors and signals a major shift in the company’s payout policy amid market pressures.
In Des Moines the House and Senate consider a new mortgage foreclosure delay measure amid emergency farm aid talks. Proposals include a state and county arbitration framework and a possible one year suspension, with hearings on farm credit, land bank loans, and Reconstruction Corporation loans up to 1 billion dollars to prevent mass tax defaults and farm bankruptcies.
President elect Roosevelt is ready to reward Republican insurgents who backed the Democratic program last November by appointing Senator Bronson Cutting of New Mexico as secretary of interior, it was said in Democratic circles Tuesday night.
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