House Passes Stock Bill Unchanged In Cedar Rapids Bank Plans
Pioneer bankers and community builders anchor the executive staff of the new Guaranty Bank and Trust company in Cedar Rapids. Van Vechten Shaffer leads as president with deep local banking roots dating to 1877. George J. Laird, Reginald B. Figge and others bring long careers from Cedar Rapids National Merchants National and Quaker Oats to the new institution. The article notes Shaffer and colleagues’ roles in local industry and unemployment relief efforts, along with family ties in banking.
MENTIONED IN THIS ARTICLE
Cedar Ratids News
Pioneer Blood of
Cedar Rapids
New Guaranty Bank and
Trust Company
American Trust
Cedar Rapids Savings Banks
van Vechten Shaffer
New Institution
G. F. van Vechten
Ralph van Vechten
Pyar
Ter
Dartmouth
Ats. Rn
C. D. Shaffer
Emma van Vechten Shaffer
Co. D. van Vechten
Northwestern Mutual Life Insurance Company
Cedar Rapids National Bank
Cedar Rap
Ids National Bank
Merchants National Bank
Guaranty Bank and Trust Company
Shaffer
Industrial Bureau
George J. Laird
Ithe
New Bank
Balater
Laird
Sarnia
Canada
Guelph Agricultural College
Ontario
Quaker Oats Company
Chicago
Kansas City
Quaker Oats
Chamber of Commerce
Donald
University of Iowa
Reginald B. Figge
Os Sian
Fred. J. Figge
Towa
Mark
Tate’ Bank
National Bank of the Republic
Iowa
Calmar
Guaranty Bank
W. O. Figge
Davenport Bank and Trust Company
Market Reform Act Passed By Wide 280 84 Margin Vote
The House voted 280 to 84 to pass the stock market reform bill aimed at curbing excessive speculation. Twenty-two Republicans supported an aye on amendments, while 73 Republicans and 11 Democrats opposed. The measure, advancing to the Senate in near-form, includes 45 percent basic margin requirements and gives the federal reserve board authority to limit credit for securities trades.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Interstate ‘Commerce Committee
House Agriculture Committee
Rayburn
Roosevelt
White House
Federal Reserve Board
16 Year Old Girl Wins Film Contract in Hollywood
A 16 year old New York beauty named Wanda Perry won a seven year contract with a film studio after a court approved the deal. She was among eleven girls brought to Hollywood by Earl Carroll to appear in a production and remained to secure a contract as an actress while others returned to the cast.
MENTIONED IN THIS ARTICLE
Hollywood
INS
Wanda Perry
New York
Earl Carroll
Felon Who Escaped With Norvell Caught
Warden Joseph Ragen of Southern Illinois penitentiary announced that James OConnell, who with Randol Eugene Norvell led a prison escape, was captured Friday morning near Alto Pass.
MENTIONED IN THIS ARTICLE
Felon
Norvell
Chester IV
Joseph Ragen
Ilinois
Favor Commodity Market Rule Bill Reported in House
In Washington the House reported a policy favoring agricultural markets. The bill aims to extend federal oversight to cotton and other exchanges with rules similar to stock market regulation.
MENTIONED IN THIS ARTICLE
Washington
Remembering the Dead and Dreams of the Past
A meditation on memory and the dead inspired by Grenfell and Maurice Baring. The essay ponders Dickinson poetry, visions in dreams, and Maeterlinck's idea that the dead live in memory, questioning why memory sometimes reveals faces long turned to dust.
MENTIONED IN THIS ARTICLE
Grenfell
Maurice Baring
Emily Dickinson
Maeterlinck
2 Killed In Crash Of Atlantic Plane
The pilot and mechanic of a German Condor syndicate mail plane died in a crash when the giant aircraft sank during landing in Rio de Janeiro. The plane was part of recently inaugurated transatlantic air mail service.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
INS
Condor Syndicate
Europe
Rock Island back shops raise work time to eighteen days
Sixty six Rock Island back shop workers will shift from ten to eighteen working days per month starting Monday, adding about 2400 dollars monthly to the payroll. The change follows indications from L C Fritch of Chicago that Cedar Rapids back shops will mirror the policy, with an eventual extension to Cedar Rapids when feasible. The Chamber of Commerce Rock Island committee led by Charles Shackell coordinates the inquiry and communications.
MENTIONED IN THIS ARTICLE
Rock Island
C. T. McHugh
L. C. Fritch
Chicago
Charles Shackell
Chamber of Commerce
J. H. Horan
Fritch
Cedar Rapids
Silvis
Mr. Shackell
George Laird
Harry A Palmer
John Drabelile
Chester Ainsworth
Arthur Pae
Harry Sundberg
Charles Manson
Tornado Demolishes Homes in Wynnewood Section
A twister struck Wynnewood Oklahoma injuring no one as about a dozen houses were razed and many more lost roofs in a residential area on Friday. Local emergency crews reported the damage and began assessing the scene.
MENTIONED IN THIS ARTICLE
Wynnewood
Okla
Cummings and Mellon clash over tax case
Washington AP Attorney General Cummings accuses former secretary Mellon of knowing the grounds for the extra 1931 tax assessments and demands accountability. Mellon says he overpaid and denounces the grand jury review as politically motivated and unfair.
MENTIONED IN THIS ARTICLE
Cummings
Mellon
Washington
Andrew W. Mellon
Secretary of the Treasury
the Treasury
Pittsburgh
Andrew W.W. Mellon
Priday
Homer
H. 8. Dumbauld
Federal Grand Jury
Grand Jury
Family expects June Robles home within hours
Tucson reports June Robles, six, kidnapped a week ago, likely to be returned safely within hours. Grandfather Bernabe Robles, 73, expressed renewed confidence while family indicated a $15,000 ransom may have been paid or ready in Mexico.
MENTIONED IN THIS ARTICLE
Tucson
Ariz
June Robles
Bernabe Robles
United Press
Mexico
Fire destroys two stables at Derby
A Churchill Downs fire Friday night destroyed two stables housing about 80 horses including J W Parrish's long shot Derby entry. All roughly 1,000 thoroughbreds at the track were unharmed and escaped the blaze as 19 Derby entries were housed among the affected stables.
MENTIONED IN THIS ARTICLE
Louisville
Churchill Downs
Howard
J. W Parrish
Chamber of Commerce Charts Moderate Course in New Deal Stand
Washington AP The Chamber of Commerce of the United States adopted a middle road policy for the coming year in twenty three resolutions critiquing parts of the Roosevelt program. Henry S Harriman was re elected president as the group moved toward a balanced stance on securities act revisions stock exchange control and NRA code authority while not denouncing the recovery program. Sargent named to board and calls for wheat tax repeal accompany broader reforms.
MENTIONED IN THIS ARTICLE
Washington
Chamber of Commerce of the United States
Henry S. Harriman
Chamber
Harriman
Sargent
Johnson Warns Enemies Plot to Undermine NRA
Recovery Administrator Hugh S. Johnson charged that enemies of the NRA are plotting to scuttle the program and undermine public support. He warned that disunity among benefited groups could erode the coalition and invite defeat of the recovery effort.
MENTIONED IN THIS ARTICLE
NRA
Johnson
Columbus
Ohio
Hugh S. Johnson
State Fair Stadium
United
U. S. Chamber of Commerce
Washington
Dillinger Leaves America Reported By London Herald
The London Herald said Chicago police cabled authorities in the British Isles that John Dillinger left the United States with a companion. Greenock Belfast and Liverpool police were told to inspect passengers aboard the Duchess of York before landing. The Duchess sailed from Halifax on April 29 and was in St John’s the day before.
MENTIONED IN THIS ARTICLE
London
London Herald
Chicago
Halifax
N .S
St. John
N. B
Senate approves debt relief bill for corporations
The Senate passed a bankruptcy reform measure enabling corporate debtors to seek reorganization in federal courts after a long filibuster by Sen. Huey P. Long. The bill, approved by the House, limits court costs and exempts stock or bond issues tied to reorganizations from the Securities Act. A farmers aid amendment was defeated.
MENTIONED IN THIS ARTICLE
Washington
Senate
Huey P. Long
House
Long
Lynn J. Frazier
N. D
Frazier
Silver Bloc
Roosevelt
White House
William H. King
Utah
Don’t discard your old dress patterns finds stylish pattern
Mrs. P. L. Mitschler of Winfield Kansas found a twenty year old dress pattern in an old trunk and decided to sew it. Neighbors now ask to borrow the pattern because they think it is stylish.
MENTIONED IN THIS ARTICLE
Winfield, Kan
P. L. Mitschler
First Heat Fatality Strikes Detroit Worker
John Blas, 51, a Detroit father of five, collapsed while helping with an excavation project as the temperature rose to 86 degrees. It was his first day back at work in five years, marking the season's first heat victim.
MENTIONED IN THIS ARTICLE
Detroit
John Blas
Blas
Major League Results From Friday Across American and National Leagues
Box scores show Detroit and New York split, with Detroit amassing 603 runs on 10 hits while New York manages 1 run in rain delayed play. Chicago and Philadelphia see weather interference delaying games. In the NL, New York edges Pittsburgh, Chicago dominates Boston, and Brooklyn tops Cincinnati with run totals and pitcher lines noted.
Evans Attacks Critics Of AAA Reduction Plan
In Des Moines on Friday night R M Evans chairman of Town's corn hog production control committee denounced critics of the Agricultural Adjustment Administration at the National Farmers Holiday Association convention. He condemned overproduction claims and urged keeping hog production aligned with demand to obtain parity prices. The Holiday convention featured group conferences and informal talks.
MENTIONED IN THIS ARTICLE
Des Moines
R. M. Evans
Agricultural Adjustment Administration
National Farmers Holiday Associations Convention
AAA
Wallace
Evans
Charles E. Coughlin
Royal Oak
Mich
Rexford Tugwell
Father Coughlin
Christ
Tugwell
Depositors to Receive Half of Old Bank Holdings
Cedar Rapids banks American Trust and Cedar Rapids Savings are merged into Guaranty Bank and Trust. Depositors will get 50 percent of frozen deposits worth 3 million dollars, with 1.5 million ready for the first payout starting Saturday at 9 a.m. at Guaranty Bank. The bank will stay open until 2 p.m. to assist.
MENTIONED IN THIS ARTICLE
American Trust and
Cedar Rapids Savings Banks
Guaranty Bank and Trust Company
Cedar Rapids Savings Bank
Third Avenue
Third Street
Guaranty
W. Bates
American Trust
Cedar Rapid Savings’ Banks
Cedar Rape
Guarenty ,Bank and Trust Company
Roosevelt Couple to Attend Woodin Funeral Rites
President Franklin D. Roosevelt and Mrs Roosevelt will attend the funeral for former Treasury Secretary William H Woodin in New York City on Saturday with a party of high officials. In Tucson William Woodin Jr reported near collapse from heart and lung complications and grief over his father's death and would be unable to travel to New York for the funeral.
MENTIONED IN THIS ARTICLE
Washington
Tucson
Ariz
William Woodin, Jr
New York
Large Air Firm Ends Service On 6 Major Routes
United Air Lines will take over the Newark-Oakland and Salt Lake City-Seattle routes as air mail contracts shift. American Airlines says it will immediately discontinue service on six major routes in the south and southwest after losing the mail bid. The changes follow the Postmaster General’s award of 15 contracts to private companies and prior government cessation of private air mail contracts.
MENTIONED IN THIS ARTICLE
Chicago
American Airlines
Washington
Lester D. Seymour
Southwest
James A. Farley
Army
Four Crew Killed as Ship Grounds Off Oregon Coast
Off Astoria Oregon the motorship Childar ran aground at the Columbia River mouth. Four crew members died Chief Officer Christensen Second Officer Bjjones Steward Jacobsen and Cook Melvil. Christensen Bjjones and Jacobsen were washed overboard.
MENTIONED IN THIS ARTICLE
Astoria
Ore
Childar
Columbia River
J. J. Moore and Company
Christensen
Bjjones
Steward Jacobsen
Cook Melvil
Peacock Spit
Jacobsen
Also Mentioned on This Page
John W. Barry, Jr
Congress
Alfred Bulwinkle
Igre
Irman
Sam Rayburn
Interstate Commerce Pimittee
Bulle
Bertram Snell
Wall Street
Corporations
Stock Exchange
DR. Newton
Atlantic
Cedar Rapids News
Oklahoma
Treasury
Boloney
Treasury Department
Department of Justice
Derby
New Deal
Wisconsin
Illinois
William R. Dawes
Central Illinois Securities Corp
Dillinger
America
Hogsett
Cochrane
Gomez
Dickey
Newsom
Philadelphia
Cleveland
L. Brown
Pytlak
Whitehill
Russell
Berg
Hubbell
Richards
Mancuso
Lucas
Grace
Boston
Zachary
Frankhouse
Pickrel
Spohrer
Bush
Hartnett
Brooklyn
Cincinnati
Mungo
Lopez
Berres
Derringer
Vance
Shaute
Lombardi
O'Farrell
St. Louis
C. Davis
J. Wilson
Walker
V. Davis
Priest
Old
C. R
Roosevelts
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