Death of J P Morgan marks end of era for finance
John Pierpont Morgan the younger, 75, renowned international financier and head of a vast Morgan dynasty, died at 3 15 a m in Boca Grande Florida after a stroke and heart attack. He had ceded most duties earlier and left a legacy spanning United States Steel and Morgan company, with heirs including Lieut. Comdr Junius S Morgan and Henry S Morgan.
MENTIONED IN THIS ARTICLE
Boca Grande, Fra
John Pierpont Morgan
J. P. Morgan and Company, Inc
John Pierpont Morgans
United States Steel Corporation
Morgan
of Industry and Finance
J. P. Morgan Company, Inc
United States Steel
Discount Corporation of New York
Glencoe
Long Island
New York
Boca Grande
Fort Myers
London
Scotland
Anne
J. Pierpont Morgan
Ual
Comdr. Junius S. Mor
and Company
Henry S. Morgan
Morgan, Stanley and Company
Security House
Moree
Paul C. Pennoyer
George Nichols
Irvington, N. Y
J. Pierpont
Frances Louise Tracy Morgan
Groton
Harvard
Jane Norton Grew
Boston
Grenfell
House Approves Pay Top Repeal and Debt Boost
The House passed 268 to 131 a bill repealing the $25 000 net salary limit as a blanket policy and boosting the debt ceiling to 216 billion. The measure also erases many salary restrictions while keeping wartime wage freezes and shifts leverage to the treasury and war agencies.
MENTIONED IN THIS ARTICLE
Washington
INS
House
Rep
Cooper
Dtenn
Senate
Treasury
Roosevelt
Iowa Republicans Back Debt Bill Limiting Wartime Salaries
Washington AP reports all eight Iowa congressmen voted with the majority on the bill to raise the national debt limit and void Roosevelt wartime salary cap after taxes of 25 000 dollars.
MENTIONED IN THIS ARTICLE
Washington
Iowa
Roosevelt
OPA Imposes New Price Ceilings on Corn Crops
The Office of Price Administration set new price ceilings on corn from farm to retail, with a typical ceiling of 1.02 per bushel for number two yellow corn at Chicago. The ceilings run until April 30 then rise gradually until Sept 30, with November openers at May 31 levels. Futures ceilings for May to December follow a seasonal pattern. Dry corn milling products ceilings also rise to reflect higher corn prices, while several protections and exemptions apply to farmers, truckers, elevators, and retailers.
MENTIONED IN THIS ARTICLE
Washington
Office of Price Administration
Chicago
OPA
Kansas City
Eden in U S for Talks Warns of Setbacks Ahead
British foreign secretary Anthony Eden arrived in Washington for talks with President Roosevelt and U S leaders. He warned that setbacks are certain before a durable war and postwar peace can be achieved. Eden stressed cooperation among democracies including Russia and China and noted the need to prevent Axis powers from rebuilding after the war. He estimated hard work lies ahead as the Allies plan a coordinated strategy and future meetings of the United Nations. Accompanied by British officials, Eden travels to the White House for ongoing discussions on war strategy and postwar plans.
MENTIONED IN THIS ARTICLE
Washington
Anthony Eden
United Nations
Eden
Roosevelt
Hull
Britain
Russia
United States
Great Britain
House of Commons
China
Germany
Japan
Hea
Pacific
Stephen T. Early
White House
T. V. Soong
Maxim Litvinov
British Information Service
Churchill
Casablanca
London
Oliver Charlesey
William Strang
Robert Cruikshank
Ministry of Information
Rommel Withdraws with Allied Setbacks Noted
Dispatches say Field Marshal Rommel pulled back for a second time in a week after clashes with General Montgomery. Allies claim heavy losses for Rommel around the Mareth line in Tunisia while observers foresee months rather than weeks to finish the Axis Tunisian campaign. Allied air and sea strikes hit Sousse Tunis and Axis transport as ground fighting wanes. Eisenhower vows relentless push to the sea.
MENTIONED IN THIS ARTICLE
Associated Press
Erwin Rommel
Bernard L. Montgomery
Rommel
Mareth Line
Tunisia
Medenine
Ksar Rhilane
Sousse
Tunis
Dwight D. Eisenhower
Eighth Army
Western Desert Air Force
North
Africa
Stalin Pleased By Eden Trip In United States Visit
London reports that Josef Stalin was informed in advance of Anthony Eden's visit to the United States and that he was pleased by the planned itinerary and talks.
MENTIONED IN THIS ARTICLE
Stalin
Eden
London
Josef Stalin
Anthony Eden
United States
Allies Attack Three Bases on Sicily In Bomb Run
Cairo dispatch says bombers of the Eighth Air Force attack three targets on Sicily in a coordinated raid. A communique issued by Allied command notes bomber success and disrupted enemy operations.
MENTIONED IN THIS ARTICLE
Sicily
Cairo
Ins
Iddie East Command
Petain Reported In Critical Condition In Algeria
Underground reports from French North Africa say Marshal Petain had a stroke several days ago and is in a critical condition near Vichy hospital. The illness is reported kept secret from the French public.
MENTIONED IN THIS ARTICLE
Algiers
French North Africa
Marshal Petain
Vichy
Petain
U S Sub Sinks Jap War Vessel in Pacific Action
A U S submarine attacked and sank a small Japanese anti submarine patrol vessel in the mid Pacific after a 37 minute duel. Seaman Herbert Calcaterra of Stoneyford California was killed. Lieutenant Commander Willis M Thomas led the attack from Fresno California with no damage to the U S submarine.
MENTIONED IN THIS ARTICLE
Washington
United States
mid-Pacific
Navy
Herbert Calcaterra
Stoneyford
Calif
Willis M. Thomas
Fresno
Calcaterra
Winter Back Invited for Cedar Rapids Forecast
A Cedar Rapids forecast notes little temp movement this afternoon with a much colder tonight and Sunday forenoon. The minimum tonight is projected around 18 degrees, about 15 degrees below this morning’s low, and strong winds are expected.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Havelock Ellis
Havelock
Chambers Seca Eoeucenipeie
Stephen Vincent Benet, Poet, Dies
AP report from New York states author Stephen Vincent Benet died at 44 after a several day illness. Born July 22 1898 in Bethlehem Pennsylvania he was an American poet and story writer and won the Pulitzer Prize for poetry in 1929 for John Brown's Body.
MENTIONED IN THIS ARTICLE
New York
Stephen Vincent Benet
Bethlehem
John Brown
Ground Lost At Kharkov In Fierce Soviet Fight
German forces pressed toward Kharkov with massive tank and infantry assaults as Soviet losses mounted. Pravda urged Red troops to fight to the last drop of blood while front dispatches noted multiple villages fallen and intensified bombardment around Kharkov and Vyazma.
MENTIONED IN THIS ARTICLE
Moscow
Kharkov
Russia
Communist Party
Red Army
Berlin
Red Square
Stalingrad
Smolensk
Vyazma
Red
Pravda
Prisoner of War List Includes Joseph J. Jacque
The War Department released 168 US soldiers and seven Army nurses as prisoners of war in the Philippines. Iowa entries include Pfe. Joseph J. Jacque of Cedar Rapids, brother of Al Jacque, with his next of kin noted.
MENTIONED IN THIS ARTICLE
Washington
War Department
United States
Philippine Islands
Pfe
Joseph J. Jacque
al Jacque
Cedar Rapids
No Extra Gas Quota Unless Rides Shared
UPI reports that motorists will lose supplemental B and C ration books for occupational use if they refuse ride sharing. Price Administrator Brown orders local boards to require universal ride sharing for renewals starting March 22, with evidence of sharing if three others aren’t regularly driven. An OPA spokesman warns rationing may be cut or denied for noncooperation.
MENTIONED IN THIS ARTICLE
Washington
Prentiss M. Brown
Brown
Baruch Rubber Investigating Committee
OPA
Harold L. Ickes
Ickes
Biggest Raid Yet 23 Planes Lost Across English Channel
London reports detail a massive USAAF bomber raid across the channel toward Boulogne while RAF strikes on Essen claim heavy destruction. The Luftwaffe and RAF losses are noted, with emphasis on extensive damage to Krupp works and allied air effort across Britain and occupied Europe.
MENTIONED IN THIS ARTICLE
London
United States Army Air Force
English Channel
Boulogne
Royal Air Force
Essen
Pittsburgh
Germany
R.A.F
R.a.f.’S
Aritish
Women Stampede To Buy Hosiery In Pueblo Melee
In Pueblo Colorado about 700 women surged into a downtown store Saturday to buy 30 pairs of nylon hose. Police closed the store and cleared shoppers after clerks were bruised and counters smashed. Carpenters repaired damaged counters after the rush.
MENTIONED IN THIS ARTICLE
Pueblo
Colo
W. A. Flynn
Grain and Grocery Truck Collision Sparks Fire on Street
A six ton grain load and a $1000 grocery cargo burned after a collision at Second street and Fifth avenue SE. John Russell Dines, 26, of Alburnett, paid a $2 fine and $1.50 costs for failing to yield. The other truck belonged to John Blaul's Sons of Cedar Rapids and was driven by Lote L. Harris. it caught fire after the crash.
MENTIONED IN THIS ARTICLE
Second Street
Fifth Avenue
John Russell Dines
Alburnett
Cedar Rapids
John Blaul
Delay Action on Bill To Curb Absenteeism
The House Naval Committee delayed action on a bill aimed at reducing absenteeism among war workers. Chairman Vinson of the Democratic mechanics committee led the work-or-fight legislation discussion.
MENTIONED IN THIS ARTICLE
Washington
House Naval Committee
Vinson
D- Mechanics
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J.P. Morgan
Financial Titan
Total Wealth
Today's Index
Henry McLemore
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Ehetimeeaen
Walter Winchell
U. S
Sumner Welles
Winter
Reds
Donets
Joseph Jacque
British
The
Reich
Rouen
France
Liege
Belgium
Air Ministry
Krupp Works
Coee Ee
Coastal Command
Middle East
North Africa