Roosevelt veto and banking debt debate in era Congress
The senate backs down on veteran benefit cuts from the economy bill and President Roosevelt may veto the 25 percent limit. An American expert argues against centralized wage and price controls, praising free competition and banking reform. Cedar Rapids seeks public works funding while warning against overborrowing. London conference reveals US expectations as a Santa Claus lender.
MENTIONED IN THIS ARTICLE
Veterans’ Lobby
Senate
Conferees and Vet Bill To Senate Predict New Defeat
Roosevelt veterans compensation plan faces renewed Senate battle as Byrnes leads a strong push for the conference agreement with a 15 dollar pension for older Spanish American War veterans. Filibuster threats loom from Steiner while conferees push toward final action and possible adjournment.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Charles L. McNary
Senate
James F. Byrnes
South Carolina
House
James F Byrnes
S. C
Frederick Steiner
Rep
Ore
Othe
Oregon
Congress
Cedar Rapids Savings Bank renews charter at fifty years
Stockholders at a Cedar Rapids Savings Bank and Trust Co meeting voted to renew the charter for fifty years. The bank’s original charter dated June 15, 1883, with founders James L. Bever, John T. Hamilton, C. B. Soutter and J M. Dinwiddie. Dinwiddie, long with the bank, presided. Hamilton was its first president. The capital rose from 50 000 to 200 000 with 150 000 surplus. A plan to release some deposits is being prepared pending state banking department approval. The bank has operated under S. F. 111 since January 24.
MENTIONED IN THIS ARTICLE
Cedar Rapids News
Cedar Rapids Savings Bank and Trust Company
James L. Bever
John T. Hamilton
C. B. Soutter
J M. Dinwiddie
John T Hamilton
Dinwiddie
Robert Palmer
State Banking Department
S. F. 111
Chicago Sees Record Heat Then Frost in June
Within a week Chicago logged its hottest June day at 100 degrees and a dramatic drop to 40 degrees by Wednesday. Frost was reported in several suburbs, signaling a severe swing in temperatures.
MENTIONED IN THIS ARTICLE
Chicago
Mercury
Godly Practice Ruin Praises and Perils Described
A speaker laments a harmful common practice that has devastated the community, arguing its long term costs and urging change despite prior cultural inertia. The regret shows concern for the affected families and institutions.
Postwar Loans on the Table in Debt Reduction Plan
The article notes postwar loans were added to war debts and are cited in a proposal to cancel or reduce them. It emphasizes public trust in applicants and a hopeful but contested plan to ease burdens by reforming postwar loan obligations.
Russian debt repudiation echoes Iowa senator demand
The present Russian government repudiated all international debts of its predecessor. If the former Iowa senator who similarly repudiates seeks more debt relief, he seems to know where to obtain it.
MENTIONED IN THIS ARTICLE
Russia
Iowa
Courage of a dying doctor becomes diary of endurance
A young Jewish physician in St. Louis facing a fatal incurable illness records his daily observations to seek clues to a cure. He endures great pain, preserves a diary detailing temperatures, blood pressure, and pain, and dies with his writings proclaiming courage as the chief virtue.
MENTIONED IN THIS ARTICLE
St. Louis
Charge Filed Against Suspect in Ames Murder
Cecil Olson, 36, charged with the murder of Fred M. Hollingsworth an Iowa State College employee. Hollingsworth was found shot twice in his car on a highway near Ames after Olson was arrested Tuesday. A writ of habeas corpus filed by Olson's attorney was dismissed.
MENTIONED IN THIS ARTICLE
Ames (Ap
Cecil Olson
Fred M. Hollingsworth
Iowa State College
Olson
Hollingsworth
Here
Rail Workers Face 12 Percent Wage Cut Demanded
The General Managers Association demanded a further 12 percent wage cut for 1.5 million railroad workers, increasing total permanent reductions to 21.14 percent. The association served notice on railroad unions, affecting twenty one standard unions, as presidents and chief executives met in a secret session hosted by the Association of Railway Executives.
MENTIONED IN THIS ARTICLE
Chicago
INS
General Managers’ Association
The
Association of Railway Executives
Processing taxes planned to fund acreage cuts in grain
Secretary Wallace faced strong reactions from wheat and cotton markets over a farm act plan to apply maximum processing taxes to finance acreage reduction programs. Calls and cables urged changes, while officials warned of mounting pressure with no sign of wavering. Wallace prepared to announce the program Friday.
MENTIONED IN THIS ARTICLE
Washington (Ap
Wallace
Roosevelt plans massive taxes to curb wheat and cotton surpluses
The Roosevelt administration will tax wheat and cotton to raise about 250 million dollars as part of a farm act based program. A comprehensive acreage curtailment aims to remove up to 10 million cotton acres while wheat production remains steady due to harvest conditions. Details finalized by Wallace with timing still uncertain.
MENTIONED IN THIS ARTICLE
Washington
Sim
United States
Roosevelt
Wallace
Absentee Voting Extended To 9 P.M. Saturday
County Auditor Robert M. Vesely announced the county building will stay open until 9 p.m. Saturday for absent voters to cast ballots at the courthouse. Qualified electors away on election day or unable to reach polls due to illness or disability may vote absentee for the June 20 repeal election.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Robert M. Vesely
Court House
Deny Report Of Kidnap Plot To Roosevelt Baby
The Roosevelt family evacuated after a Wednesday fire at a Rye Beach New Hampshire home caused $5,000 in damage. Mrs Roosevelt and 14 month old Sara Delano Roosevelt were unharmed as James Roosevelt rushed from Boston to the site. A White House denial stated no kidnapping threats existed though a Secret Service agent was at the house by coincidence as James prepared to join his father.
MENTIONED IN THIS ARTICLE
Roosevelt
Rye Beach
James Roosevelt
Portsmouth
North Hampton
White House
Secret Service
Stephen T Early
New York
British To Send Debt Group To U S In August
London reports the British government will likely dispatch a debt commission to Washington in early August to settle the war debt. Neville Chamberlain is named as probable chairman, with Sir Frederick Leith-Ross possibly joining, as negotiations proceed via Sir Ronald Lindsay.
MENTIONED IN THIS ARTICLE
London
Washington
Neville Chamberlain
Frederick Leith- Ross
Ronald Lindsay
Congress
England
Lausanne
Chamberlain
Treasury
Britain
Bombay
India
New ‘York
United States
London Stock Exchange
Democrats Abandon Hawaii Governor Measure Fight
Senate leaders quit pursuing Roosevelt's plan to allow a non resident to be Hawaii governor as a Republican filibuster blocks action. With veteran appropriations settled and Congress set to adjourn, debate ends and the measure is abandoned.
MENTIONED IN THIS ARTICLE
Hawaii
Washington
Senate
Roosevelt
Congress
Cedar Rapids Seeks Federal Aid for Public Works Program
Cedar Rapids officials plan to seek a substantial federal appropriation for a sewage disposal plant and other projects. Mayor W H Stepanek and councilmembers authorized a Des Moines trip to bid for funds likely exceeding 500000 and to consult the state highway commission in Ames about programs and repayments. The group will also tour Illinois under engineer Howard R Green to survey possibilities.
MENTIONED IN THIS ARTICLE
Cedar Rapids
W. H Stepanek
Howard R. Green
Des Moines
Ames
State Highway Commission
First Avenue E
Illinois
Green
Frank Young
Europe pays eight per cent of debts due in war settlement
Europe paid about 8 percent of the $144.18 million war debt installments due Thursday. Five nations made payments, five defaulted, with Finland paying in full. Britain Italy Czechoslovakia Roumania others sent partial sums totaling $11.35 million. France Poland Belgium Yugoslavia Lithuania defaulted. Senate Borah warned against cancellation harming talks and urged upholding Roosevelt’s agreement.
MENTIONED IN THIS ARTICLE
Washington
Europe
Great Britain
Roosevelt
State Department
Finland
Italy
Czechoslovakia
Roumania
France
Poland
Belgium
Jugoslavia
Lithuania
Simlar
Hungary
Latvia
Estonia
Congress
Borah
Idaho
Republican
Tel Payaie
Ano
Osoieers
Woodtwase
Foreign Relations Committee
Senate Approves $3.6 Billion Jobs Measure
The Senate adopted the conference report on a record 3.6 billion dollar measure to fund emergency reconstruction and public works under the industrial recovery program. The bill includes 3.3 billion for public works and 50 million for the Muscle Shoals Tennessee Valley project with 150 million for the Glass-Steagall deposit insurance fund.
MENTIONED IN THIS ARTICLE
Washington
Congress
Senate
White House
Frazier
N. D
Northwest
Thursday Major League Results Highlight Boston Win
The Boston Red Sox defeated the New York Yankees 8 to 5 after a seven run rally. Bud Tinning pitched Chicago Cubs to a 5-0 victory over Pittsburgh. Box scores appear in the sport section.
MENTIONED IN THIS ARTICLE
Boston Red Sox
New York Yankees
Bud Tinning
Chicago Cubs
Pittsburgh
Woodin Denies Dollar Stabilization Reports
Secretary of the Treasury William H. Woodin said reports of an American delegation agreement on dollar stabilization are unfounded. He stressed any stabilization proposal would require approval by the President and Treasury, and discussions in London were exploratory, to be settled in Washington. The statement followed stock declines and cotton drops tied to stabilization rumors.
MENTIONED IN THIS ARTICLE
Washington
Treasury
London
Woodin
Georges Bonnet
Edouard Daladier
France
England
United States
Brendon Arab- Bonnet
Market Downturn Follows Stabilization Talks Across Nations
United Slas France and Great Britain moved to stabilize currencies during the economic conference, boosting the dollar and triggering a sharp selloff. The British pound neared four dollars as U.S. markets fell, with the New York and New Orleans cotton exchanges and the New York Stock Exchange posting steep declines. The market showed 724 losses to 87 gains, amid heavy trading of about 4.89 million shares. Utilities in the New York curb market also slipped one to six points on thin late-day activity.
MENTIONED IN THIS ARTICLE
United Press
United Slas
France
Great Britain
United States
New York Stock Exchange
New York
New Orleans
Nurse Chosen For Camp Good Health Nurses oversee care and nutrition for undernourished youngsters
Celia Conway of Archer avenue SW has been selected as the nurse for Camp Good Health this summer. A Mercy Hospital graduate from 1928 she brings strong recommendations. The nurse will record daily health checks, temperatures, and special handicaps, guiding exercise and rest to aid recovery, with doctors and the public health bureau supplying support.
MENTIONED IN THIS ARTICLE
Celia Conway
Archer Avenue
Camp Good Health
Miss Conway
Mercy Hospital
Public Health Nursing Bureau
Anglo American pledge stabilizes pound dollar at four to one
London reports the Anglo American currency stabilization agreement approved after talks among U S President Roosevelt George Harrison head of the New York Federal Reserve and top bankers. The plan aims to stabilize the pound and dollar around four to one and to appoint James M Cox as monetary committee chairman.
MENTIONED IN THIS ARTICLE
London
Roostavelt
Eldred Freed on Bond After Manslaughter Charge
Thomas Eldred of Midway waived to the grand jury after being arraigned on a preliminary information charging manslaughter in the death of neighbor William Malek. Eldred posted 2500 dollars bond and gave a statement to Sheriff Petrus admitting a quarrel in Cabin Park that left Malek with a fractured skull and died later at a local hospital.
MENTIONED IN THIS ARTICLE
Thomas Eldred
Midway
Lightner
G. K. Thompson
Eldred
Sy Eldred
Joseph A. Petrus
William Malek
Cabin Park
Malek
Gazette
Petrus
Minister Nabs Thief in Springfield Case
Sheriff Scott Curtis praised Rev. E W Potter for capturing a thief who fled with a typewriter. Potter spotted the man carrying the machine, wrestled him to seize the item, and turned the suspect over to officers. The sheriff invited Potter to accept a deputy sheriff's commission for the act.
MENTIONED IN THIS ARTICLE
NABS
Springfield
Scott Curtis
E. W. Potter
Also Mentioned on This Page
R. Roosevelt
Col
Hugh L. Cooper
Keokuk
Dneipe River
H ‘Owever
Naws
Public Works Fund
Uncle Sam
Santa Claus
Me Brookuart
C. R. Savings Bank
U.S
U. S
Boston
Allen
Dickey
H. Johnson
Ferrell
Gooch
Cleveland
Detroit
Fallenstin
Zachary
Hogan
Fitzsimmons
Bell, Spencer
Mancuso
Brooklyn
Philadelphia
Thurston
Lopez
Hansen
Collins
Pickrell
Liska
Davis
Smith
Hoyt
Grace
Tinning and Hartnett
First Presbyterian Church
Ula Tami
First Christian Church
Belle Plaine Friend
Krebs Dutch Girl Dairy
American Legion Auxiliary
Lydia
Mt. Vernon Press
Church
Cox
James M.qox
Diendrikus
Colijn
Holland
Bry
Cordell Hull
Bonnet
Accord
Bond
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