31 Jan 1934
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 31, 1934
Page
1
The Presidents devaluation bill provoked only mild market flurries and favorable changes. Readers note political maneuvers around Kraschel and Turner as gubernatorial speculation intensifies ahead of state primaries.
The United States moved to take title to all national gold stocks as part of a sweeping monetary bill. President Roosevelt praised the act as a birthday gift and pledged to devalue the dollar to spur price increases. The treasury now holds about $4.0 billion in gold and plans to determine the new gold content of the dollar at a Wednesday meeting with monetary advisers.
Robert S Cook named nominal receiver for Cedar Rapids National Bank by Comptroller of Currency. He is instructed to collect 100 percent assessments from stockholders holding 600000 dollars in stock. The bank, taken over by Merchants National Bank on October 29 1931, will not be liquidated by Cook.
F A O Connor of Dubuque appears set for appointment as general counsel for the federal farm credit agencies at Omaha He is a lifelong Democrat who served in the Iowa House representing Dubuque County and was U S district attorney for northern Iowa from 1914 to 1922 He also belonged to the Iowa delegation at the 1932 Democratic National Convention.
Madame Secretary noted shift to machinery reducing labor while federal farm aid may bring about 1.9 million dollars to Linn County. Tax payment delays risk stalling the plan and local relief efforts.
A reflection on the relationship between He and She as the core of life and society. It portrays their partnership as a duet that shapes home, family, and aging, contrasting He’s abstract principles with She’s concrete human insight, and celebrating their combined strength as a path toward a credible God. Copyright 19345 DR. NEWTON.
Federal Judge Alexander Akerman declared the agricultural adjustment act unconstitutional and barred Florida state officials from enforcing proration orders. He voiced strong criticism of the act and said public pressure would not affect his ruling after a two day injunction hearing by Hillsborough Packing Co. and Lake Fern Groves Inc.
The Department of Agriculture plans an immediate appeal of Federal Judge Alexander Akerman's ruling in Tampa Florida that the agricultural adjustment act is unconstitutional.
Three injections of anti pneumonia serum from his wife’s blood improved Melvin A Traylor president of the First National Bank Tuesday. The serum was given Monday as a precaution. Mrs. Traylor had recovered from pneumonia and her blood was used to prepare the serum while oxygen continued.
President Roosevelt marked his fifty second birthday with a nation one of the largest greeting campaigns in history. Messages from around the world plus parties aimed at funding infantile paralysis treatment flowed to Warm Springs. The President thanked supporters in a radio address and oversight of gifts piled in the White House study.
DES MOINES AP reports that Robert W Colflesh the federal district attorney and Ottumwa Mayor Edwin C Manning met privately in Des Moines to discuss the Republican nomination for governor. Ottumwa Republican OM Millichael and Manning ally sat in on the conference.
The Senate on Tuesday asked the National Recovery Administration to provide copies of all codes containing price fixing provisions.
Iowa relief measure to provide 3 million dollars for unemployed and needy faced a senate setback as members refused to concur with a house amendment setting 35 cent per hour maximum for workers on relief projects. The bill, administered by the federal emergency relief committee, would allocate funds to counties by need with governor requisition power. The house and senate votes reflected tight partisan lines and potential conference action.
Dr Alice Lind reports Wynekoop in county jail hospital awaiting reassignment of her murder trial on Rheta Wynekoop. Chief Justice Philip Finnegan orders daily medical updates on her condition from the jail physician.
Dillinger, escorted by sixty five officers, was flown from Chicago and placed in the county jail at Crown Point Indiana. He is charged with murder and refused to talk. A security detail guards the jail amid fears of a prison break by his associates. Three Dillinger followers were extradited from Tucson and joined the case, with two women released from bail.
Washington The House Agriculture Committee reported favorably a bill by Representative Jones of Texas to make cattle a basic commodity under the Agricultural Adjustment Act.
Berlin reports Chancellor Adolf Hitler marked the first Nazi anniversary by condemning the Versailles Treaty and trusting in Wilson. He rejected monarchist restoration and urged loyalty to German race principles as a path to peace, denying plots against Austria and stressing a new world order.
The division of investigation of the Public Works Administration ordered criminal prosecutions in six graft complaints related to civil works. Three cases are in Kentucky, one in Maryland, one in Arkansas and one in Indiana, with over 175 complaints nationwide in 45 states.
Farm aid funds will boost Linn County with corn and hog bonuses totaling about $700 000 to $750 000 and other federal programs lifting the county total to near $1 000 000. Agricultural agent George Dillon told Cedar Rapids Retail Credit association members at the Hotel Roosevelt that other counties in the trade area will gain proportionally as farmer purchasing power returns. The first federal bonus money is forecast to arrive by April 1.
Earl Wynekoop 30, once missing during his mother Dr. Alice Wynekoop’s murder trial, was found in Milwaukee living under the name Harry Clark. He was picked up by two detectives, held briefly, then released after Chicago authorities said he was not wanted there. He used a blackjack for protection and kept a stiletto in his room.
Chairman McSwain said a bill would create an army air corps of 3000 planes with 2450 officers and 4500 more enlisted personnel. The Vinson bill passed directing 475 million dollars over five years to expand the navy to treaty strength and build 1184 airplanes at 95 million dollars, while the Trammell bill mirrored provisions.
MINA Nev Nearly a dozen buildings sustained damage in a string of about thirty earthquakes felt within an hour after a major quake at 11 24 am. After noon aftershocks continued at intervals as schools dismissed and children stayed outdoors with no injuries reported.
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