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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 27, 1933
Page
1
Market notes wheat pushes past ninety nine cents marking a step toward a dollar but fear of crop shortages looms amid record heat. Returning Cedar Rapids men report engineers plan public works spending while Washington pushes a 3.3 billion pork barrel and Adolf Hitler dominates headlines with talk of personal leadership.
Iowa changes its method of administering the agricultural adjustment act. Secretary Wallace plans to expand farmer control by patterning the corn and hog plan after the wheat program, with conferences in Des Moines and Washington among farm leaders and officials.
Detroit banker Herbert R Wilkin told a one man grand jury that the closures of two national banks were intended to pressure Henry Ford. He said Wall Street aimed to deplete Ford’s working capital by tying up his deposits, noting Ford had more than 65 million dollars in Detroit banks.
Stamford Connecticut residents and communities to the west were startled Monday morning by an apparent earth tremor that shattered windows and dishes, sending scores fleeing their homes. No injuries reported as experts assess the quake's origin and scope.
Senate investigators under Ferdinand Pecora prepared to hear Otto Kahn and other Kuhn Loeb figures in a probe into the private banking house’s operations during the boom years. Evidence shows Norman H. Davis accepted a $25,000 fee for negotiating a Chilean potash loan in 1930, a deal later defaulted, with the Pennroad holding story noted as part of the broader picture of holding company financing.
Cedar Rapids reports the first heat fatality of the summer as Frank Blazek of 1001 Eighth Street SE dies of acute dilation of the heart linked to heat. City temperatures reached 90 and humidity remained high with a 99 reading at 2 30 p.m. Mon day and a 96 peak Saturday at 3 p.m.
Washington informant reports that the government will publish the names of individuals holding gold hoards before pursuing criminal prosecution Attorney General Cummings stated on Monday He declined to specify when publication or prosecutions would occur but said the move would urge holders to return hoarded gold and comply with duties
In midsummer heat a plea arrives to aid sick destitute children by sending them to Camp Good Health. Donations fund the camp, which offers relief from harsh conditions and better living in the country. Continued on page 3 column 4.
Washington experts on the Ways and Means subcommittee urge keeping the capital gains and loss provisions of the federal tax law. They say repeal would aid the rich, while retention helps prevent Morgan style tax avoidance and maintains revenue. The panel may also limit corporate salary deductions and tighten loss rule enforcement.
A Parable of Shekhar and Pundarik portrays a humble poet outshone by a celebrated rival. Though Pundarik wins public praise, Shekhar's inward song touches souls, revealing true life lies in surrendering self to a larger life and pursuing one destined purpose.
United States Senator William E Borah of Idaho underwent a prostate gland operation at Johns Hopkins Hospital in Baltimore. Dr Hugh H Young performed the procedure. Reported not serious, Borah remains in the hospital for several weeks after entering last week for a health check.
Adolf Hitler told an American audience via United Press that Germany must solve its own problems by its own methods and that parliamentary government is doomed. He asserted the German nation backs his regime and that power has been legally acquired, appealing for American understanding and urging reliance on authentic information about Germany.
Wheat futures leapt in Chicago as May wheat reached 991 cents a bushel amid brisk buying and heat damaged crops. Other grains followed the rally with December wheat at 95 cents, oats over 40 cents, rye at 82 1 2 cents, and barley around 56 4 cents, while reports of heat and drought devastated crops and boosted prices.
Washington AP reports rising farm prices are steadily reducing the size of processing taxes administrators of the farm act can levy on wheat and cotton. While pleased by the gain, officials fear it may weaken their drive to cut American farm production by sharply trimming the levy. Continued on Page 10, Column 6.
Lowell Leonard 22 of Brandon is reported critically injured after a diving accident in the Cedar River near Brandon Sunday. He suffered a broken neck with paralysis in arms and legs. friends found him about thirty feet downstream and he was taken to Mercy hospital in near-fatal condition after x rays showed a fracture of the fifth vertebrae.
The Associated Press reports California and West Virginia will decide Tuesday on the prohibition amendment after a last push to get out the vote. Indiana also holds 329 delegates to express their state's choice at the June 6 convention, with 240 pledged for repeal and 83 against.
American League games saw Washington and Cleveland split runs with rough box scores listed. Philadelphia routed Chicago as Boston and St Louis posted high scores not fully confirmed by the fragment. New York vs Detroit postponed due to rain. all National League games postponed for rain.
At the world economic conference in London the United States and Great Britain clashed over how to handle commercial debts. Senator James Couzens said the US would permanently lighten commercial debts but not war debts, while Neville Chamberlain urged possible temporary readjustment of commercial debts. The exchange deepened the rift between creditor nations on debt relief strategy.
New York AP report outlines delays in the prosecution of Joseph W. Harriman over irregular conduct at Harriman National Bank and Trust. An ensuing Senate subcommittee hearing touched off a near fistfight as Senator Neely charged Nugent Dodds with whitewashing the case. Dodds defended the delay as standard, noting requests from individuals and clearing houses as well as lawmakers.
Washington dispatch says House minority leader Bert Snell accused the Roosevelt administration of misleading taxpayers about federal finances. He claimed the 25 percent expenditure cut pledge was broken, the budget worsened, and emergency public works spending was hidden as an extraordinary budget financed by borrowing. Snell blasted the New Deal acts as bureaucratic control and warned abandonment of the gold standard would bring long term loss and humiliation.
In Anamosa area a runaway team pulled a hay-rack and two poles into a 33,000 volt high tension line. John Gerdes, 45, and neighbors Leo Walderbach, 13, and Louis Walderbach, 23, were killed instantly while preparing to stack hay. The Iowa Electric high line runs between Anamosa and Maquoketa. County Attorney Marvin Levsen ruled the deaths accidental. no inquest planned.
In Vatican City AP says the bomb in St. Peter's porch was built in Spain and carried by Demetrio Solomon who held a Spanish passport. Solomon was arrested and charged with planting the explosive amid tensions after the Popes June encyclical. Four pilgrims were injured, minor property damage reported.
AP report notes Joan Murphy age 21 and Rachel Oliver age 17, both of Iowa City, wed Monday hours before Murphy begins a one year sentence at Anamosa reformatory for driving a car without owner's consent.
A severe quake hit South Bencoolen on Sumatra’s west coast killing 67 people. Many victims were from the Malay community as residents mourned the disaster in the seaport district near Batavia.
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