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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 22, 1933
Page
1
The column surveys evolving grain markets at the Chicago Board of Trade, Prohibition repeal momentum, and political shifts as President Roosevelt pushes a blanket labor code. It notes legal cases like the Kruideniers and a Cedar Rapids girl’s travel anecdote, with reflections on reform and governance through a turbulent era.
In Chicago the board of trade halted grain futures trading for Saturday July 22 amid sensational price breaks. In New York stocks sharply recovered after a historic drop with heavy volume, last seen at 9,750,000 shares, as the ticker struggled to record amid a demoralized market before closing late.
President Roosevelt aides urged extending licensing to commodity exchanges including the New York stock exchange. Secretary Wallace ordered daily reports on large grain futures and studied methods to control trading. He proposed a license for brokers and a cap on daily wheat gains or losses. He noted brokers’ margin boosts as possible public manipulation or self preservation amid a 30 cent gap between domestic and world prices.
London reports Premier R B Bennett after a wheat conference meeting suggested President Roosevelt should close the New York stock exchange to curb speculation. He had earlier privately endorsed halting grain futures trading in Chicago, without elaborating.
Chicago reports a pause in grain trading with activity relaxed and markets awaiting further word. The AP notes the suspension and signals potential continuation details to follow on page 19.
A long ago Christmas gramophone record in the British Museum preserves ancient voices. The piece argues that words from ancient jurists poets and religious teachers still shape modern life and law, and that even today spoken words can change behavior, as Jesus claimed that the earth will pass but my words shall not.
Elkhorn Wisconsin police say Roger Touhy and three henchmen were captured after a motor mishap while en route to Lake Geneva for an abduction plot targeting Fred Maytag and Otto Lehman. District Attorney Reynolds states the gang carried ropes and bandages and were ready for a snatch, with Maytag and Lehman homes nearby.
Federal and Chicago authorities reported the capture of Roger Touhy and three members of his gang for the John Factor kidnapping. The case hinges on Factor’s ability to identify his alleged captors, a prospect deemed unlikely.
U S agents report locating the hideout used to hold John Jake the Barber Factor during ransom negotiations of 50,000 dollars. The site is suspected to be in the Skokie valley northwest of Chicago.
report shows the Cedar Rapids road toll metrics with counts of accidents injuries and fatalities for the year as recorded by local authorities.
Wiley Post lands at Fairbanks on his global solo flight circuit guided by Joe Crosson. He refuels for the 1,500 mile leg to Edmonton as Crosson delivers a new propeller after damage in Siberia. Post plans to depart at 4 p.m. for Edmonton and then proceed toward New York, a 2,200 mile hop.
Backers of James Mattern learning from Nome, Alaska, telegram that he will not attempt the circumnavigation alone. The telegram indicates plans to abandon the solo crossing and seek assistance, following the Sibera disaster.
Four transients die when an oil car derails from a Tl car freight near Gladwin Iowa. The blast ignites twenty four cars starting a blaze that destroys a Milwaukee station and store. Victims identified include Kenneth Benek Doland Bonde and Joe McKenney of Dewey Oklahoma and John Kaharasatu of Honolulu.
Temperatures fell to a 24hour low of 70 at 9 a.m. with light rain beginning briefly. by 2:30 p.m. the mercury climbed to 85 as the shower ended.
The Temperance Federation of Arizona conceded the August 8 election to repealists as they did not file petitions for delegates to a state convention on proposed repeal.
Multiple MLB games reported with scores and key pitchers. Cleveland beat New York 10 to 13 in a long rally. Detroit defeated Washington 7 to 19 in extra frames. Chicago beat Boston 12 to 7 with strong hitting. St Louis overcame Philadelphia 6 to 3. Brooklyn won 7 to 1 over Cincinnati. Boston edged New York 6 to 2. Pittsburgh fell to Philadelphia 5 to 6 after late rallies.
Oregon voters predicted a two to one repeal victory as last November’s ballot repealed state prohibition. Nationally, governors and postwar leaders touted broad repeal support with 36 states ready to vote, while prohibitionists warned of possible setbacks in many states ahead of forthcoming ballots.
Iowa labor officials estimate 75000 more workers could be put to work if the federal emergency re employment program is adopted statewide. Frank E. Wenig cited a quick employer survey as the basis for the figure, with a forty hour week for white collar workers and thirty five hours for laborers. Governor Herring and state department heads outlined preliminary plans to implement the program in Iowa.
Second Lieut. Keith A. Thompson, a Kelly Field student officer, was killed when his plane crashed near Hallettsville after the motor quit during a cross country flight from Galveston.
Miss Ruth Googins, 23, will wed Elliott Roosevelt son of the President in a midday ceremony at her uncle George Swiler’s home in Burlington Iowa. Dr Naboth Osborne will officiate. Roosevelt and his sister Anna Roosevelt Dall expected to attend. Amon Carter also seen in town.
Reports from Burlington and other sources say Elliott Roosevelt son of the President planned a Burlington wedding to Ruth Googins Texas beauty with his sister Mrs Anna Roosevelt Dallas present as onlookers The couple reportedly met in Dallas last March and the romance began there and carried toward a Friday night plan for marriage in Burlington
County Attorney G K Thompson filed true informations charging John Dostal and Bob Pearlman with keeping a gambling house. The actions stem from a stag party at the South Side Commercial Club promoted by Dostal and Pearlman. Arraignment scheduled for Saturday due to absence of a judge.
The text of President Roosevelt's emergency re-employment drive agreement limits child labor and weekly hours. It sets 35 hours for factory workers, 40 hours for clerical staff, and minimum weekly wages by city size, with exceptions for certain professionals and emergency maintenance.
About 23 000 Cedar Rapids workers would be affected by President Roosevelt's wage and hour code going into effect August 1. Charles D. Manson of the Chamber of Commerce estimated this from the 1930 census showing 17 693 men and 6 294 women employed locally.
An explosion at Merced Catholic church in Havana damaged the sacristy after a night marked by disturbances in which 19 bombs exploded, most harmless.
Washington sources report President Roosevelt mobilizes 5 million employers and industry leaders in a mass drive to raise purchasing power. Citizens and officials pledge support as Johnson explains labor classification will be voluntary under the N R A framework. The plan promises wage floors, shorter hours, and a multi month re employment campaign starting August 1.
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