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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 08, 1933
Page
1
Warnings on the London talks that inter national cooperation may yield only symbolic gains. Roosevelt era shifts spark market moves while aviator Kim Mattern, missing for weeks, reportedly safe on a Siberian peninsula. Rockefeller turns ninety four. local legal actions surface as workers push wage scales and dam projects. Economic and church-state frictions echo through headlines.
An international rescue trek departs Torrance British Columbia for Siberia to reach James Mattern the world flyer stranded in Amadirsk Irv ing Friedman sponsor says William Alexander leads the party and telegraphs to Mrs Alexander confirming departure by air though rough conditions raise the chance of a sea route.
Jimmy Mattern, 28, missing since mid June on a solo attempt to fly around the world, was reportedly alive and well Friday in Anadirsk on the Anadir River in far northeastern Siberia. He left Khabarovsk June 14 bound for Nome, Alaska, after reaching Khabarovsk on June 14 and taking off toward the Bering Strait, with Anadir 185 miles off his route.
Freeport Wisconsin Mrs Caroline Mattern Priday exclaims thank God upon radio messages confirming her son Jimmy Mattern is safe in Siberia. She stayed hopeful throughout the days after his disappearance during the around the world flight attempt.
Mrs. James Mattern greeted news that her flying husband was reported found in northeastern Siberia Friday. She praised him for taking care of himself and expressed personal relief and pride in his safety.
Washington AP reports new securities registered Friday with the federal trade commission total about 75 million dollars from roughly 50 domestic firms to finance federal securities law requirements. Officials say opening day fees to the government likely 7 to 8 thousand dollars, with total issue value between 70 and 80 million. Securities may not be sold to the public for twenty days after filing.
President Roosevelt readies a message to the American delegation at London seeking world price recovery as the immediate aim of the revised conference. Cordell Hull plans private talks with 66 delegations to sustain momentum amid opposition from gold standard nations. Senator Couzens urges continuing work to employ 30 million unemployed and lift prices, defending Roosevelt’s policy.
Henry T. Olson who fled six years ago to avoid a life term for a crime he did not commit won a 29250 verdict against his former defense attorney Harry B North. Olson alleged North knew two boys committed the crime and failed to raise it at trial. The verdict was one of Winnebago county’s largest damage awards. The trial lasted ten days with a sealed verdict given Thursday night.
Three armed bandits robbed the First National Bank of Grand Rapids Minnesota shortly before closing. They forced a woman customer into a car and fled toward Deer River on state highway No 8. Assistant cashier Nick Bauer was shot in the leg. clerk Homer Bastien was knocked unconscious but not seriously hurt.
The campaign urges final contributions for Camp Good Health to aid undernourished and underprivileged children. Donors include Knights of Columbus and local supporters. The fund aims to complete the last stretch of fundraising to ensure operation for ill and recovering children already examined and brought to camp.
Ernst Kuhl man 32 died and three companions were seriously injured Friday when their car collided with another vehicle in downtown Quincy. Injured were Robert Seigel Ruth Archelpohl and Ruth Fredericks.
Prof Raymond Moley writes from London for Sundays Gazette explaining why European nations press for immediate exchange stabilization. He notes London gambling on rates such as 4s and says Roosevelt's envoy at the London conference justifies the talks, urging all Americans to read the piece.
In Reykjavik the Italian trans Atlantic formation flight will resume at dawn Saturday announced by General Italo Balbo. Anti fascist groups in Chicago threaten to blow Balbo and his 24 sea planes out of the lake if the squadron lands on the lake front. Italians have not yet decided whether to moor in Chicago or Lake Geneva Wisconsin. A series of christening letters to the Italian Consul General Gaatriend prompted extra protection and a police escort if landings occur.
The U S S Macon began its first training cruise since acceptance by the navy and was expected to return to its hangar at Lakehurst Friday night. Commanded by Lieutenant Commander Alger Dresel the dirigible carried seventy two officers and men and likely patrolled along the Atlantic seaboard.
New York prices surged to new highs with heavy volume on Friday as the dollar sank to about 70 cents in gold terms. Early gains of 1 to 4 points faded under profit taking but recovered near the close. Wheat and corn fell 1 to 2 cents, cotton weakened as markets fluctuated, with the tape lagging up to 26 minutes on the stock exchange.
Walter Jones formerly in charge of federal Prohibition forces in the Hammond district was arrested in Fort Wayne on burglary charges. Accomplices Robert Harden Wayne Harden and Joseph Adich were taken into custody in Hammond Indiana Harbor. The group is accused of stealing 300 gallons of alcohol and $126 in property.
Gov. Henry Horner signed the minimum wage bill in Springfield. The act creates wage boards with representatives from labor employers and the public to investigate and set wage standards for women and minor workers.
Paris reports France plans tariff retaliation first to disrupt currency stability after London talks failed. Daladier gains powers for customs reprisals and signals 15 to 20 percent surcharges on US imports as the franc weakens to 5.5 cents. France aligns with gold bloc nations to defend the gold standard while denying a bloc against non gold economies.
The comptroller of the currency requested June 30 condition statements from 6 000 national banks, first since the March bank holiday. Des Moines reports Iowa state bank calls for June 30 by banking superintendent D W Bates.
A train encounter discusses leadership and pessimism with a passenger praising Abraham Lincoln as the only man who could set things right. The reflection questions why society seeks past leaders and fears hardship, noting modern cynicism and the need for courageous action.
A mountain cloudburst unleashed a ten foot wall of water down Bear Creek canyon flooding Morrison and Starbuck in Colorado. Homes cabins and businesses along the canyon were destroyed with at least a dozen feared dead and many missing as waters surged through the towns. Authorities raced to rescue survivors amid scenes of horror.
Washington AP Hugh Johnson industrial administrator said claims that the industrial act aimed to unionize labor are incorrect and that benefits under the act are not limited to union members. He warned against misstatements by labor union agents and companies and said the administration will ensure a square deal for all labor whether organized or not.
The Cedar Rapids report shows traffic toll figures for the year with numbers for accidents, injuries, and fatalities. Data includes 164 accidents and 188 injuries, with unclear figures for deaths.
President Roosevelt rallied industry and labor leaders to quickly join the recovery program to shorten hours raise wages and boost employment to restore purchasing power. He noted industrial gains lag agriculture and highlighted codes in coal limestone and motor transport sectors aimed at stabilizing production and employment.
Federal agents and Jackson County deputies arrested Chicago bootlegging suspect James Pur Sammons at a Kansas City home linked to a bootlegger. Authorities doubt he was involved in the June 17 machine gun killing of four officers and a prisoner and the Union Station train robbery.
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