24 Feb 1934
Page 1
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This newspaper page contains 29 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 24, 1934
Page
1
Secretary Wallace attacks Packers alleging a conspiracy by ten firms to control meat prices and mentions a trial date. The piece notes the potential impact on Packers regardless of guilt. It also touches on broader debates about science funding and unicameral legislatures, with scattered references to Iowa court elections and civic themes.
In Des Moines during a hurry to finish business two major measures were acted on. The Senate approved the gasoline tax refund bill 45 to 4 while the House rejected the automatic farm mortgage moratorium by 51 to 44, leaving reopening possible.
The piece reflects on a former supreme court judge’s behavior leading to repeal of a nonpartisan election law. It notes a shift toward a new nonpartisan system and critiques the impact on partisan politics and governance. It also discusses the founding of Guaranty Bank and Trust Company in Cedar Rapids, praising local capital support and leadership. It warns that Iowa’s tax bill, taxing earnings and retail sales, may push capital out or hurt jobs if not balanced with lower property taxes.
The debate covered striking a provision from a moratorium act requiring good cause for trial orders and the effect on farmer credit. Lawmakers argued over gasoline tax changes and tax refund tightening, with estimates of reducing refunds by about $400,000 from last year's $1.4 million.
The effective date of the newspaper code and graphic arts code was postponed to March 12 at the request of the American Newspaper Publishers Association code committee. The original date February 26 was moved to allow publishers time to prepare for operation. Administrator Johnson named George Buckley as special assistant to handle code details.
Mrs Thalia Fortescue Massie obtained a divorce from Lieut Thomas H Massie at a brief private trial before District Judge Benjamin F Curler in Reno. Testimony cited alleged acts of extreme mental cruelty by Massie while the Honolulu assault case of 1932 was noted as not connected to the divorce.
A Swedish friend explains Kimoon is not a real word but a private sound to dismiss absurd events. He argues meeting stupidity with stupidity protects one from despair, noting dumb acts and even a scholar killed by windborne stone show life’s senseless blows.
An Iowa Senate bill, introduced by Judiciary Committee No. 1, calls for a $1,200 yearly pay increase for each of the three state tax board members to cover added duties from administering a new $20 million revenue law. The bill estimates 50 to 75 additional tax department employees will be needed to handle new individual and corporate income taxes and the sales tax.
Corse Payton an actor famed for melodramas and the matinee idol of a generation died Friday in a Brooklyn hospital after illness since December. He was 67, a Centerville Indiana native, led stock companies then ran a 10 20 30 theater in Brooklyn for seven years and was known as Americas best bad actor. He leaves widow Henrietta Brown and a sister Mary Spooner of New Canaan Connecticut.
Postmaster General Farley will testify before the Senate air mail committee about a personal remark, reportedly aimed at Chairman Black or other Democratic members. Walter F. Brown tied the remark to Farley while recounting missing papers return, and Farley denied making any personal slur or improper comment toward Black.
The committee grills former Postmaster General Brown about air mail contracts and a 1930 meetings split, while Brown objects to questions and cites remarks by Maher and others. The exchange touches on documents claimed to be at the Post Office Department and potential disclosures.
Chicago AP reports Quaker Oats earned 1933 net income of 4,444,104 dollars, 4.81 dollars a share, up from 4.59. Directors vote an extra dividend of 1 dollar a share on common stock, in addition to the usual quarterly 1 dollar, payable April 16 to holders of record April 2.
Thelma Todd’s lawyer announced she would file for divorce from Pasquala de Cicco on Friday. The actress, known for her gray eyes and film work, pursues legal separation in Hollywood.
Des Moines reports Iowa enacts a three tax revision. A 2 percent sales tax, a personal net income tax, and a 2 percent corporate net income tax will fund state needs. The sales tax expires in 1937 unless renewed, while income taxes are permanent. Governor Herring backed the plan, and the Senate largely supported the conference report amid partisan lines.
Chicago report notes that the Illinois Supreme Court may overturn the Touhy case verdict and grant new trials for Roger Touhy Albert Kator and Gus Schaefer, convicted of the $70 000 kidnapping. The attack highlighted a prior ruling about an illegally sworn Cook county grand jury in a robbery case.
The house post office committee moved to fix air mail at about two mills per pound mile, eliminating competitive bidding. The rate would be set with the best carrier chosen, cutting total mail costs from about $19 million in 1932 to roughly $9 million. An amendment could let cancelled contractors reenter government service under strict terms.
The House passed an administration bill to authorize payment of U S diplomats abroad to keep salaries in step with fluctuating foreign currencies. The measure moves to the Senate for consideration.
Trials target Costner Banghart and others as juries convict Touhy era gangsters. Prosecution aims to imprison Tangled gang members for kidnapping of John Hamm Jr and related crimes. Long minimums loom with potential pardons by a governor. Capone noted in comparison.
At the University of Iowa 500 coeds named the three most eligible bachelors at an informal party. Christian Schmidt of Dysart Dick Crayne of Fairfield and Claude Hogan were chosen. Schmidt was Iowa's four letter athlete last year earning insignia in football basketball baseball and track. Crayne a football halfback also runs track while Hogan is active in student publications though not an athlete.
Columbus editor and historian Charles Burleigh Galbreath died early Friday from pneumonia. He would have turned seventy six on Sunday.
Announcement of the organization of a new bank in Cedar Rapids, Guaranty Bank and Trust Co, with capital and surplus of 242 500. 8500 common shares at 20 plus 1200 preferred at 25, local capitalization goal reached without RFC aid. Founders include Robert S Sinclair George Laird Ernest R Moore Van Vechten Shaffer Herbert Stamats G Stewart Holmes Earle Muzzy Weaver Witwer.
President Roosevelt signed a 40 million dollar crop production loan bill saying it should be last of its kind and useful for farmers not yet eligible for production credit. He urged loans from the production credit association where possible and noted the policy as a tapering off measure while planning broader foreign trade efforts.
A destroyer rescued two Army flyers from a battered amphibian plane two miles off Long Island. Lieut. James H. Rothrock and Lieut. William S. Pocock were brought aboard the Bernadou while Lieut. George F. McDermott remained missing as coast guards and police searched the area.
New York Supreme Court Justice Barnard L. Shientag issued a temporary injunction preventing Fay Webb Vallee from suing Rudy Vallee for divorce or maintenance outside New York. He ruled her California action aimed to harass the orchestra leader.
Senate and House Republican campaign committees announce a split from the national committee and plan to proceed alone against Democratic majorities this fall. Senator Hastings and Rep. Bolton lead the joint effort, claiming cooperation from the national organization but no participation in campaign activities.
Lincoln Nebraska AP Governor Charles W Bryan announced plans to file for the Democratic nomination for U S senator joining the Roosevelt Norris bandwagon.
The article argues for phasing out crop loan programs rather than abrupt cuts. It favors aiding farmers not yet eligible for production credit while directing those with security to apply to production credit associations. It notes prior era losses and high admin costs, positioning this 1934 loan as a final tapering measure.
Lincoln Nebraska Senator George W Norris launches a push to replace Nebraska’s bicameral legislature with a unicameral body of 30 to 50 members elected non politically for two year terms. Members would earn 1650 dollars annually. Norris expects a tough battle but argues it would give citizens more direct voice in state government.
The President signed a 40 000 crop bill and plans private mail flights while a St Lawrence treaty showdown looms. Senate probes reveal twenty corporations poured twenty billion into Wall Street in 1929. House panels award air contracts by quality and fixed rates per pound. Wallace reassures sugar beet growers. relief grants 5 million for drought livestock feed.
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