05 Jan 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
Jan 05, 1934
Page
1
The President's budget projects a national debt near 32 billion by end of next fiscal year with a 7.3 billion deficit next June and 2 billion more by the following June. It warns emergency relief funds will exhaust by Feb and outlines a path to maintain relief payrolls through winter.
The Iowa Senate approved a Patterson amendment making the retail sales tax expire December 31 1935 by a 31 to 14 vote. The move, supported by both parties, strengthens the bill’s passage by limiting the tax to two years while leaving permanent provisions like personal income and corporate taxes intact.
BERCHTESGADEN Germany AP a lumberjack named Wroblewski was accused by police Thursday of killing a companion whom he believed did not say his prayers properly. The two knelt before bed and Wroblewski allegedly hammered the victim and nailed hands and feet to the floor.
The division engineer at St. Louis announced contracts totaling nearly 6 million dollars for Mississippi River improvements. Milwaukee Bridge Co. receives 17,976.80 for repair of miter gates at Keokuk Iowa, while Axel J. Anderson of Davenport Iowa is paid 2,555 for temporary buildings at Lock 22 Rock Island district.
Rural counties demand a bigger portion of the revenue pie from population centers. They argue for fair distribution and resist granting disproportionate benefits to urban counties.
The speaker argues that counties including Linn Polk Woodbury Scott must solve their own tax burdens while revenue from citizens is redistributed to less populous counties with larger per capita funds. The statement highlights a regional funding imbalance and calls for systemic reassessment of tax distributions.
A 1934 column reflects on a five thousand year old dialogue found in Egypt showing gods on stage discussing right and wrong. It asserts moral law predates modern ideas and that humanity progressed through ages from weapons to tools to the dawn of character.
Senate leaders cleared the way for rapid confirmation of Henry Morgenthau Jr as secretary of the treasury and James M. Landis of Massachusetts to the federal trade commission. The Humphrey discharge was dropped as a party issue, and Morgenthau’s nomination was quickly approved by the finance committee with Senator Long not contesting.
Iowa City report says Grinnell College student Jack Maxfield of Grinnell and John H Powell of Ottumwa Swarthmore College Pa were chosen as Iowa's Rhodes scholarship candidates. The two will be interviewed with reps from five states in Des Moines for the two available scholarships.
Two separate tornadoes struck Pensacola on Thursday afternoon, one tearing along the waterfront and the other through the city, injuring at least nine people. One child is feared fatally, and about 35 residences were demolished.
A F Whitney president of the Brotherhood of Railroad Trainmen urged government ownership and operation of railroads at a Cooper Union mass meeting. He warned that private consolidation harms small communities and could add to unemployment, calling for government credit and full public financing of railroads.
PRAGUE Czechoslovakia UP The Nelson ISI mine at Ossegg fifty miles northwest of here was sealed with 129 miners entombed as flames and gas blocked rescue work Six more bodies were recovered before sealing bringing the total dead to 151 miners Experts said it could be a month before the death pit could be penetrated
Senators Warner of New York and Costigan of Colorado jointly introduced a drastic federal anti-lynching bill. It targets public officials who fail to protect prisoners in custody and allows a $10,000 county forfeiture after a lynching, with funds to be given to victims’ relatives.
A Cedar Rapids toll report for 1934 tallies the number of accidents and the resulting injuries and fatalities. Figures indicate trends in road safety and vehicle risk during the year.
The Iowa House debated liquor control amendments including allowing druggists to resell liquor on physician prescriptions and permitting manufacturers to buy alcohol under a special permit with a $2,000 bond. The body approved several committee amendments and a name change to Iowa liquor control act, while postponing final action on local advertising bans.
The first day of county agent and corn hog committee training in Ames covered benefit eligibility. Iowa State Extension officials explained benefits eligibility thresholds, noting farm plans depend on litters in 1933, with four litters or less avoiding reductions in 1934, three or fewer receiving no payments.
Washington diplomats said the Senate adopted a resolution directing the secretary of the treasury to provide a report detailing the current war debt situation and listing all nations currently in default.
At a White House conference the St Lawrence waterways pact and world court adherence protocol are under review for this session. President Roosevelt discusses tariffs war debts and economy act battles with Senate leaders as Robinson flags cautious timing on world court action.
Washington report shows war peak debt August 31 1919 at 26.6 billion dollars. Postwar low 16.19 billion. Today's debt about 23.82 billion with June 30 estimates near 29.85 to 31.83 billion.
Three men tied to a daylight Sears robbery in St Louis on December 22 were held in custody in St Louis with one wounded in a gun battle in Springfield. The trio identified as Lawrence Ahrens Virgil Ahrens and Horace Crabtree had fled with about 5700 from a Kresge store in Springfield earlier. Police recovered 1702 from Ahrens apartment and 800 from Dorothy Brights rooms. Des Moines detectives connected the gang to a Bears Roebuck robbery December 19, with 2600 recovered, as Cedar Rapids workers recalled the suspects.
Gov Horner requests extradition of Louis and Virgil Ahrens and Horace Crabtree. Police identify them as members of a robber gang that obtained 5684 dollars from a Kresge store in Springfield Illinois.
James D. Dole, Honolulu businessman, resigns as head of the food products section of the farm administration. He issues a statement calling initial supervision of the food codes a puzzle.
The highway suspension bridge over the Mississippi between Marquette and Prairie du Chien Wisconsin was sold at auction Thursday noon in Prairie du Chien to W. H. Jackson of Pittsburgh for 170000. The sale awaits federal court confirmation in Madison on January 11. The bridge cost nearly a million dollars and opened in March 1932 before the owning firm went bankrupt last January.
Treasury report lays out receipts for 1934 at 3.26 billion and 1935 at 3.97 billion. Expenditures exclude debt retirement with 1934 about 2.53 billion, and a planned 1935 general and emergency spending split. Public debt stands near 28.7 billion with ongoing deficits.
Washington AP reports the Treasury intends a rapid start on borrowing 10 billion dollars in six months. Officials note first issue timing undecided but likely before March 15 and aim to align debt to the Roosevelt budget, with Federal Reserve cooperation expected to back new money and maturities.
The message highlights a budget described as brutally frank with large proposed figures. Democrats show surprise, Republicans express amazement, and a few express concern. If Congress approves relief funds and the basic budget, the 1935 deficit nears $2,000. Roosevelt cites debt at $5.8B beyond 1919 peak and urges containment within that level while planning 1936 expenditures to match expected revenues.
A table adjacent to the page shows the estimated receipts and expenditures for the fiscal years 1934 and 1935. It presents projected income and outlays across categories likely used by the issuing body.
No change in the income tax law was visualized. Considerable additional revenue can be secured from administrative changes in the income tax law, possibly $150,000,000 a year without new legislation, according to Mr. Roosevelt. The message announced that Continued on Page 16, column 6.
James Ward aged 56, famed Chicago Heights bootleg king, died Thursday. He claimed to have paid over 100000 in ransom to kidnapers and said he was kidnapped three times by the Handsome Jack Klutas gang.
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