19 Feb 1935
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 19, 1935
Page
1
The letter describes Milk Fund donations and notes varied contributions from Athly, Ludvik C., and others to support school milk. The text shifts to a long discussion on the Supreme Court gold standard decision and its economic impact, mentioning Roosevelt, inflation fears, and reactions to market turmoil.
Phil Kennamer 19 testified he killed John Gorrell during a quarrel over a extortion plot tied to Homer Wilcox in Forest Hills Tulsa on Thanksgiving night. He spoke of love for Virginia Wilcox as spectators crowded the courtroom while Dr Karl Menninger challenged the insanity claim.
Des Moines AP reports Mrs. Alex Miller secretary of state proposed a prima facie speed limit rule for Iowa. If a driver exceeds the limit and is in an accident or endangers traffic the burden shifts to the driver to prove prudent driving. Miller cites studies linking excessive speed to crashes and notes other states are adopting similar provisions.
In London sources say high diplomatic circles expect foreign governments to file protests with the United States over the Supreme Court ruling on gold policy. The report notes mounting pressure from abroad as the issue gains attention after the decision.
President Roosevelt remained in close telephone contact with the Capitol as the Supreme Court announced its gold case decisions. He withheld comment until he could study the lengthy written ruling.
CHICAGO INS reports the Chicago Board of Trade directors decided at a special meeting not to reopen the exchange on Monday.
The text uses a child's puzzle as a metaphor for national unity. It argues that reform starts with individuals becoming self-reliant, capable, unselfish, and public-spirited, since a nation's strength mirrors its people's character and conduct.
Ephraim Nedrow 67 of Marion died after being struck at 10 50 am on the Third Avenue bridge as he crossed northward. Carl Reece 806 Fifth Avenue SW said his car moving about twenty mph had no brakes after Nedrow stopped and paused in front of the vehicle. Nedrow was rushed to a local hospital with a compound leg fracture chest injuries and facial wounds. Police tested Reece’s brakes at a station. results showed no brake failure.
County officials offered no comment on the Tracy murder investigation of Mrs. Sarah Tracy 77, noting progress without arrests or named suspects. Further details were promised on page 2.
Clarence E. Foster, 28, of Flint Michigan, was shot in the back as he fled the Railway Express Agency office in Lisbon early Monday. Foster pleaded guilty to breaking and entering and was sentenced within seven hours to serve up to ten years at Fort Madison. Special agents Karbushky and Gerstenberger, aided by Sheriff Smith and Deputy Condon, had watched an elaborate counterfeiting shipment linked to the case.
Governor Clyde L. Herring said he would confer with Harold M. Cooper of the state liquor control commission after Cooper was convicted of violating liquor laws. If Cooper resigns, the governor plans to name a successor immediately, with a decision made if Cooper chooses to resign.
The ruling discusses the 1934 gold reserve act and a Jan 31 1934 order changing the gold dollar weight, noting no constitutional bar to Congress action in light of currency devaluation. It stresses how devaluation shifts tax and revenue bases for states municipalities railroads utilities and public service charges while bond payments adjust to the new currency standard.
All-time attendance high as 3 000 visitors view 27 cars from 11 makes shown by nine dealers at Pla Mar ballroom. Opening day crowds peaked around 6 p.m. with 1 500. show runs daily 1 to 10 30 p.m. through Wednesday. Admission ten cents with Pla Mar Revelers providing entertainment nightly.
The retrial of Civil War veteran Marvin Grattan for the slaying of Claude Meade was continued Monday to the May term of district court in Decorah. Trial date set for May 13.
J K Montgomery 94 a Delaware and Fayette counties pioneer died at 2 15 PM Monday at his son Rev W A Montgomery s home 120 Seventeenth St NE Cedar Rapids He came to Cedar Rapids last November from West Union to spend the winter Born December 20 1840 near Sandy Lake Pa he began residence in Iowa before age two He and his family settled in Delaware county near Colesburg before Iowa statehood Funeral services planned in West Union.
Government win in the gold clause cases is seen by Wall Street as easing financial uncertainty, potentially reopening large refunding efforts, stabilizing the dollar, and stimulating capital markets. experts warn full effects will unfold over days as markets digest the decision.
In London the dollar weakened to 4.89 pounds from 4.865 16 as gold decision rumors spread. In Paris the dollar slumped further after U S supreme court rulings on the gold clause cases impacted exchange dealings.
Miss Celia Bush will conduct the Paramount cooking school at the Paramount theater starting at 9 a m Tuesday. Doors open at 8 a m. The class continues Wednesday Thursday and Friday mornings with the same hours observed.
Washington The U S supreme court upheld the administration's gold policy in a 5-4 decision affecting about 106 billion dollars in private and government obligations. The court ruled Congress acted legally to outlaw gold clauses in private bonds and properly to regulate money value, while striking down only part of the action regarding government obligations. Officials hailed the decision as a victory for monetary policy, though dissenters warned of constitutional overreach and economic risks.
President Roosevelt and aides concluded after studying Supreme Court decisions that no legislative or administrative action was required. Attorney General Cummings and Senator Robinson announced a "complete victory for the government" at the White House after discussions with Roosevelt Hull and Morgenthau.
A $2.5 million federal appropriation to combat chinch bugs this spring was deemed virtually assured by a Midwest delegation. Dr C J Drake entomologist and E C Carter of the University of Missouri discussed the issue with Secretary Wallace and congressional leaders.
Articles of incorporation filed for the Iowa Rural Rehabilitation Corporation a non profit to direct the state's rural rehabilitation E H Mulock Iowa relief administrator chairs the board with Gov Clyde L Herring Ray Murray Prof George J Keller L R Schoenemann J C Pryor P C Taff J S Russell and F E Moore The organization meeting will be held Tuesday.
Iowa Governor Clyde L. Herring and Harold M. Cooper conferred after Cooper faced a liquor act conviction. Cooper said he would rest several days before another meeting to decide the chairman's future and possible successor.
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