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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 31, 1933

Page

1

Herring plan eyed to shield Iowa bank depositors

Iowa eyes Governor Herring's proposed plan to protect depositors as banks under urgency rules may reopen with capital injections and partial waivers. The policy would offer depositors nonassessable stock in exchange for waivers while banks restructure or liquidate, aiming to restore stability and public trust.

Iowa Bank Measure Provides For Stock as Lien to Depositors

Des Moines AP reports drafting of a bill to issue preferred stock for depositors in closed banks and in banks operated by the state banking department. The measure would require examination by the state banking department, limit voting rights, set a 3 percent dividend, and allow liquidation claims if segregated assets do not retire the stock. Governor Herring and officials expect to curb waiver abuse and secure depositor liens.

Iowa Herring Washington Des Moines Banking Department E. L. O'Connor Clyde Herring State Banking Department Vernor

Friday Deadline To Pay Taxes Without Penalty In Iowa

Des Moines lawmakers consider a bill to lift the penalty on the March installment of taxes. The senate has passed the measure but the house delays action. County Treasurer Frank Williams is in Des Moines while deputy Lee Fitzgerald says no new instructions have arrived and the one percent penalty on the first half of 1933 taxes will be applied Saturday.

House of Representatives Des Moines Senate House Frank Williams Lee Fitzgerald

Senate OKs Half Billion Direct Relief to States

The Senate approved $500 million in direct federal grants to states for relief and sent the measure to the House. The package would allocate 40 percent of funds to states with caps and bases on prior public spending, marking a key step in Roosevelt’s unemployment relief program.

Washington Senate House Congress Treasury William Green American Federation of Labor Organized Labor Perkins Pres R. F. CO District of Columbia

Three Years For Milk War Murder

Nile Cochran of Moville Iowa was found guilty of second degree manslaughter in the Feb 3 milk strike shooting that killed Elk Point trucker R. D. Markell. After a 21 hour jury deliberation, Judge L. L. Fleeger sentenced Cochran to three years in the state penitentiary.

Elk Point S. D Nile Cochran Moville Farmer R. D. Markell L. L. Fleeger Cochran

Iowa Gas Tax Law Upheld In Federal Ruling

A federal court denied Mona Motor Oil Company’s injunction challenge and upheld Iowa’s gasoline tax. The tribunal ruled state statutes and enforcement did not burden interstate commerce and that taxes were collected from consumers, not the company, amid prior audits and indictments.

DES Moines Iowa Mona Motor Oil Company, Inc Arizona Oil Company William S. Kenyon George C. Scott Sioux City Charles A. Dewey Mona Motor Company Carter Lake Pottawattamie County

Bomb bursts in Rev Coughlin's Detrow home

Police investigated a black powder blast at the Royal Oak home of Rev Charles E Coughlin as crowds gathered outside. The explosion damaged five windows and destroyed charity canned goods. a white cord was found, guiding detectives in their inquiry. Coughlin called it intimidation and left the residence after the blast.

Detroit Charles E. Coughlin Father Coughlin Fairlawn Avenue Royal Oak

Tax Inquiry Into Father Coughlin Returns

Detroit based internal revenue office begins probe into Father Charles E. Coughlin income tax filings. The investigation centers on alleged failure to file prior to 1931 while Shrine of the Little Flower remains exempt. Coughlin declines comment.

Detroit Internal Revenue Office Charles E. Coughlin Internal Revenue Fred L. Woodworth

Wife of Lammot DuPont Seeks Divorce in Reno

Mrs Caroline Hynson DuPont filed for divorce from Lammot DuPont in Reno Nevada. He is president of DuPont Powders and chairman of General Motors. They wed in Wilmington Delaware in September 1930. She cites extreme cruelty. A property settlement occurred out of court. No children. Trial set for Friday in secret session.

Reno, Nev Lammot DuPont DuPont Powders Company General Motors Corporation Caroline Hynson DuPont Wilmington Del DuPont

British Envoy Not Returning to Moscow After Arrests

Sir Esmond Ovey, British ambassador to Moscow, will not return as Britain demands. two Britons and four Russians arrested with Metropolitan-Vickers workers face sabotage charges on April 9 or 10, under espionage and economic information conspiracy laws with possible death penalties.

Moscow Esmond Ovey London Metropolitan- Vickers

Embargo Debate after Ovey Recall in Commons

In London the Commons debated a mercantile embargo on Moscow after Sir Esmond Ovey was recalled as ambassador to Soviet Russia. Sir John Simon announced the recall in connection with arrests of four Metropolitan-Vickers employees on espionage charges, and Major General Sir Alfred Knox pressed for restricting Russian trade. Sir Simon said such questions would be kept in abeyance.

London INS Esmond Ovey Russia Moscow House of Commons Esmond Metropolitan-Vickers, Ltd John Simon Alfred Knox Sir John

Wife shot in bed. Slane 7 St. Louis tragedy

Mrs Anna Schleuter aged 46, mother of four, wife of Oak Hill School principal William Schleuter, was shot to death in her bed early Thursday in their seven room home. Schleuter said he woke to a prowler in the room and the intruder fired twice as he rose from the bed.

Louis INS Anna’ Schleuter Schleuters William Schleuter Oak Hill Schleuter

Senate Probes J P Morgan Firm in Roosevelt Era

The Senate banking committee moves to broaden power for stock market scrutiny and to include J P Morgan and Company along with other major banks. The inquiry aims to expose banking and speculative practices of the boom period and guide new legislation to protect investors and the public.

Washington LLP Senate Banking and Currency Committee J. P. Morgan and Company Wall Street Morgan and Company Roosevelt House Senate

Iowa House Advances General Appropriation Bill

The Iowa House prepared final action on the general appropriation bill. It sets annual appropriations at 11 501 747 and cap salaries for the state board of education while requiring sworn audits of unspent balances before new funds become available.

DES Moines House State Board of Education University of Town

House panel OKs drastic higher ed salary limits

The appropriation measure faces further amendments in the house and a senate test. Rep Reed's amendment sets maximum pay for university staff: presidents 7500, superintendents 3000, secretaries 2400, department heads 5000, non heads 3600, others 2400. Last year heads took 5 percent cuts. University of Iowa president would rise from 18100, Iowa State 14250, Iowa State Teachers 8000.

House Senate Rep Reed Mahaska Committee For House University of Iowa Iowa State College Iowa State Teachers College

World Economic Parley Aims June Meeting Date Set

London reports that negotiators Davis and British officials agreed to convene the world economic conference by June 6 if not by late May. The talks followed discussions between Norman H. Davis and British authorities about early summer proceedings.

London Norman H. Davis Roosevelt Europe

Culbertson Learns Bridge in Hollywood From Unintelligent Dumbbells

Ely Culbertson returned from five weeks in Hollywood claiming the film capital taught him bridge. He ridiculed publicists and praised Hollywood as a virtuous spot, joking he might become a professional bridge expert. He planned to return for future publicity work.

Culbertson Hollywood New York Ely Culbertson Movie Capital

Put Out the Lights Reflects a World of Weariness and Collapse

The critique notes a widespread somnambulism in modern life, where people dismiss upheavals and feel little motivation to change. It argues this spiritual malaise underpins the depression of the era and that without addressing this mood, renewal is unlikely. Faith, if seen as fiction, compounds the fatigue shaping society.

Lenin Mussolini Ikea

Labor and Farmers Clash Over Rail Czar Plan

Washington AP report notes railroad labor opposition to administration plans for coordinated operation of carriers as Farm Bureau, Grange and Farmers Union resist regulation of motor carrier rates. Unions warn one man control would deprive communities of service and workers of work and wages and foresees impact on thousands of jobs.

Washington American Farm Bureau Federation National Grange Farmers Union

Farm Bill Debate Highlights Power Restrictions and Additions

In Washington the senate agriculture committee signaled limited chances to amend the farm relief bill as it nears passage. A substitute would sharply curb secretary of agriculture powers while adding flax and peanut relief. Friday’s session may expand coverage to oats potatoes citrus and other fruits. Also Henry Morgenthau Jr announced a plan to accelerate liquidation of commodity holdings pledged for farm board loans totaling 157,236,323 as of February 28.

Washington Senate Agriculture Committee Senate Smith South Carolina Secretary of Agriculture Henry Morgenthau, Jr Farm Board Co-Operative Marketing Associations Morgenthau

Two North Dakota youths plead guilty in Montana rancher murder

Chicago AP reports von F Herr aged 22 of McClusky and Merle LeRoy Lowman aged 19 of Westermoheim North Dakota pleaded guilty in criminal court on Thursday to murdering Henry Shoop a rancher from Wilbaux Montana.

Chicago von F. Herr McClusky N. D Merle LeRoy Lowman Westerheim Henry Shoop Wilbaux, Mont

Board Refuses Commute for Winnie Ruth Judd

In Phoenix, the Arizona board of pardons and paroles denied a plea for parole or commutation for Winnie Ruth Judd who faces a death sentence for the murder of Agnes Ann Leroi. A prieve to April 21 was granted, delaying the hanging set for April 14.

Arizona Board of Pardons and Paroles Agnes Ann Leroi A. G. Walker Florence

Judge dismisses new trial bid in Miss Samuelson murder case

Attorneys sought a second trial for Mrs. Judd to influence her death sentence in Miss Samuelson’s murder. Judge Speakman dismissed the untried charge as folly, while the defense threatens to push a state supreme court appeal. Observers favor a sanity hearing over retrial, with Arizona law restricting execution of insane defendants.

Miss Samuelson Howard Speakman Pash Rey Arizona Judd

Stevens Indicted Blames Insurance Failure On R F C

Ernest J. Stevens former VP and director faces criminal indictment in Chicago. He petitions federal court to halt liquidation negotiations and argues Reconstruction Finance Corp promised a loan of 5 million to Illinois Life Insurance Co and failed to honor it. He names Howard Preston as Chicago manager behind the loan promise.

Chicago Illinois Life. Insurance Company Ernest J. Stevens Stevens Reconstruction, Corporation Illinois Life Howard ’Preston Abel Davis

France Will Seek Postponement of June Debt Payment

Paris reports France plans to ask President Roosevelt to declare a moratorium on the mid June war debt installment to allow negotiations and payment of the December installment of nearly 20 million dollars. The move aims to restore relations with the United States and gain chamber approval to pay the December debt.

Paris France Roosevelt Chamber of Deputies United States Edouard Daladier Chamber

Also Mentioned on This Page

Verne Marshall Nks Nbs Andy Kers Burance Lfe Trans Iowa Bank Bulletin Rev. Coughlin Detrow John Tully William Duns and Scotus College New National Bank of Detroit First National Guardian National Slane J.P. Morgan Jessup U. of Iowa W. Allen Smith Joseph Fort Newton Wallace Power BOARD Phoenix, Ariz Winnie Ruth Judd
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