Morgenthau Plans Open Market Bond Purchases Amid Turbulent Policy
Acting Secretary Morgenthau said the treasury will publish weekly totals of open market purchases by the government through the Farm Credit Administration Postal Savings Federal Deposit Insurance Corporation and other agencies to steady sagging prices of government securities. He warned speculators as he and President Roosevelt discuss monetary policy at Warm Springs and consider expanding participation in the London silver agreement to withdraw 24 million ounces of silver annually for four years.
MENTIONED IN THIS ARTICLE
Ashington
Treasues
Farm Credit Administram
Postal Savings
Federal Desit Insurance Corporation
Morgenthau
Sprague
O. M. W.prague
The
Treasury
Roosevelt
Rock of Gibraltar
the Treasry
Warm Springs
General Treasury
Key Pittman
Senate Foreign Relations Committee
Congress
Pittman
George Shuster
India
Mr. Roosevelt
Woodin
William H. Woodin
New York
Senaor Davis Reed
Rep
Earl Bailie
Treasury Department
Tom K. Smith
Boatmen's National Bank of St. Louis
Department
Hart murder linked to three more suspects
United States Attorney Henry H. McPike announced evidence tying three additional men to the Brooke Hart kidnapping and murder. The disclosure followed a three hour conference with Thomas Harold Thurmond, one of the confessed kidnappers, in San Jose California.
MENTIONED IN THIS ARTICLE
San Jose
Calif
INS
United States
Henry H. McPike
San Francisco
Department of Justice
Brooke Hart
Santa Clara
McPike
Thomas Harold Thurmond
Alex J. Hart
Do Not Believe Your Doubts And Fears
In a 1933 meditation on faith and hope the author argues that gloom from illness war and disillusionment distorts judgment. He urges daily reminders to dismiss sick thoughts and fear and to trust in a hopeful view of society and God.
MENTIONED IN THIS ARTICLE
Samuel Weller
Ipswich
Morgenthau loosens press information rules
Acting Secretary Morgenthau announced relaxing Treasury Department rules that barred officials from giving information to reporters without press relations approval. He will issue a supplementary order to general order No 1 to allow factual statements to the press while department policy remains released through the press relations section.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Morgenthau
Department
Fox Stock Sold Below Market In Gen Theaters Probe
Senate investigators heard evidence that General Theaters Equipment bought Fox Film stock at $30 a share when the market was $40 to $50, profiting from a $16 million paper gain after acquiring control of William Fox properties. The group held 1,000,000 shares and sold 440,000 to bankers at the discounted price.
MENTIONED IN THIS ARTICLE
Washington
General Theaters Equipment, Inc
Fox Film
Senate
William Fox
General Theaters Equipment
General Theaters
Murray Dodge
Chase Securities Corporation
Fox
Price Of Domestic Gold Left Unchanged
Washington AP reports the price fixed at 3376 dollars per ounce for RFC purchases of newly sent gold, unchanged from Tuesday. The dollar weakness keeps the domestic price below the London world price of 34 41 dollars per ounce with sterling opening at 5 44 to the pound.
MENTIONED IN THIS ARTICLE
Washington
RFC
London
Manchester Bank Bandits Fail In Grand Larceny Attempt
An armed seven person gang abducted J J Burbridge president of the Farmers and Merchants Savings Bank and his wife from their Manchester home. They forced them to the bank with the hope of timing a vault opening but failed after cashier W W Matthews escaped and alerted authorities. The robbers ransacked the Burbridge home and shared a nocturnal party like atmosphere while waiting for the vault time lock. They rode with the couple through town before finally abandoning the plan.
MENTIONED IN THIS ARTICLE
Manchester
J. J. Burbridge
Farmers and Merchants Savings Bank
John Holtmeyer
W. W. Matthews
Holtmeyer
Matthews
Mr. Burbridge
The
Gazette
Burbridge
Herring Seeks May Extension For Tax Sale Moratorium
Des Moines reports Gov. Clyde L. Herring approved extending the tax sale moratorium to May 1 1934. Administration leaders planned steps to add another month to the measure, with Herring to sign in its present form. The move follows a Des Moines county treasurer request due to April tax collection pressures.
MENTIONED IN THIS ARTICLE
Des Moines
Clyde L. Herring
Herring
Burlington
Tme
Federal drive to enforce NRA codes begins
Washington officials launch a two part effort to strengthen code compliance under the NRA. Administrator Hugh Johnson warns of government action if industries fail to meet standards while offering opportunities to achieve voluntary adherence. Harold Ickes announces a new legal division to enforce the petroleum code and says enforcement will proceed in courts if needed. Johnson notes poor compliance and says the NRA will oversee code administration and may expand regional agencies or create local bodies to speed enforcement.
MENTIONED IN THIS ARTICLE
Washington
The
Recovery Administration
Hugh Johnson
Harold Ickes
Ickes
Johnson
Roosevelt
White House
NRA
Simpsons Strikes St Paul Editor After Lobby Confrontation
John A. Simpson president of the National Farmers union struck A. W. Ricker editor of the Farmers Union Herald in a hotel lobby. Ricker did not retaliate and Mrs. Simpson escorted him away.
MENTIONED IN THIS ARTICLE
Omaha
John A. Simpson
National Farmers Union
A. W. Ricker
St. Paul
National Farmers Union Convention
Oklahoma City
Farmers Union Herald of
Simpson
Ricker
Montana
Wallace
Iowa Banking Bill Heads To Governor For Approval
The Iowa legislature gave final approval to the banking reform measure to place state banks on an equal footing with national banks. The bill proceeds to the governor, with House passage of Senate amendments save one from Sen. E. J. Wenner. The measure aims to qualify state banks under federal deposit insurance by reorganizing capitalization, mainly through issuing preferred stock. The House also passed an anti nepotism bill in schools and approved a measure granting district court judges more independent action in civil directed verdict cases.
MENTIONED IN THIS ARTICLE
Des Moines
INS
Iowa
House
Senate
E. J. Wenner
Waterloo
Wenner
Frank Byers
Cedar Rapids
Reconstruction Finance Corporation
Rep. Johnson
Linn County
Repeal Sought for Iowa Gas Tax Refund Law 15
A Des Moines legislative committee urges repeal of the Iowa code section enabling state refunds on gasoline purchases. The seven month study reports about 212 398 dollars allegedly illegally collected in refunds and calls for no future refunds including farm use.
MENTIONED IN THIS ARTICLE
Iowa
Des Moines
Standard Oil Co
Phillips Petroleum Co
Manomotor Oil Co
Laurens Man Named Chairman of Iowa Corn-Hog Panel
A G Black of Washington appointed R M Evans of Laurens as chairman of the Iowa corn-hog committee. The group includes Ralph Smith Newton William McArthur Mason City and R K Bliss Iowa State College extension service director. They will advise the extension service which leads the county and community cooperation campaign.
MENTIONED IN THIS ARTICLE
Laurens
Iowa
Des Moines
A. G. Black
Washington
R. M. Evans
Black
Evans
Ralph Smith
Newton
William McArthur
Mason City
R. K. Bliss
Iowa State College Extension Service
Trustees Named For Rock Island Road
Federal Judge James H Wilkerson appointed three independent trustees for the Chicago Rock Island and Pacific railroad. Named were Frank O Lowden former Illinois governor James E Gorman railroad president and Chicago attorney Joseph B Fleming. Trustees oversee the 500 million dollar rail system after requests from five bondholder committees representing 250 million and the Reconstruction Finance Corporation which lent 13.5 million.
MENTIONED IN THIS ARTICLE
Chicago
James H Wilkerson
Chicago, Rock Island, and Pacific Railroad
Frank O. Lowden
Illinois
James E. Gorman
Joseph B. Fleming
Federal
Reconstruction Finance Corporation
Iowa liquor stores constitutional, lawmakers told
Iowa legislative committees heard that governor’s liquor control plan featuring state owned stores is constitutional. Sen. Fralley said attorney general and experts backed the plan after recent conferences. Proponents argued for state control of liquor, while hearings also covered Moscow dam, child labor amendment ratification, and related local officials debated flood control and hydroelectric plans.
MENTIONED IN THIS ARTICLE
Des Moines
Governor’s Commission On Liquor Control
Joe R. Fralley
Commission
Senate
Iowa
Houses
Assembly
Governor's Commission
E. H. Fabritz
Ottumwa
House
General Assembly
Nquor
M. A. Tinley
Council Bluffs
Moscow Dam
Congress
Ada Garner
Butler
Max Mayer
J. C. Lewis
Iowa Federation of Labor
J. Seaman
Moscow
Cedar River
Hicklin
State Executive Council
Mississippi
Muscatine County
Blaine Hawkins
Wapello
Iowa State Federation of Labor
Jonas Buser
Conesville
Ralph K. Hunt
Herman Lord
Muscatine
Henry Shaffer
J. H. Munat
W. J. Barclay
Manchester Robbers Tied to Wisconsin Heist
Police in Hollandaie Wisconsin believe the same gang that robbed a Manchester Indiana bank on Wednesday also hit a local hardware store Monday night. The bandits, four men and three women, escaped with $300 cash, shotguns, a rifle, ammunition, and a wrist watch in a bold eight‑victim holdup before fleeing in two cars toward Dubuque Iowa.
MENTIONED IN THIS ARTICLE
Hollandale
Wis
Manchester
Dubuqué
Mississippi River
Huge Soviet K-7 plane crashes near Kharkov
The K-7, the world’s largest all metal airplane, crashed near Kharkov Ukraine killing fourteen aboard. Noted aviator Michael Snegirof and several engineers died in the disaster that followed eight days after the craft’s completion amid prior experimental flights. An inquiry was ordered amid rumors of sabotage.
MENTIONED IN THIS ARTICLE
Moscow
Kharkov
Ukraine
Michael Snegirof
Soviet
Russia
Sor Tiagur
Snegirof
Board of Inquiry
World's Largest Plane the K-7 Built in Kharkov Plant
The K-7, an all metal Soviet built airliner, reportedly at Kharkov plant, features six powerful engines, 16 cabins with four berths each, 60 passenger payload plus a large crew. It is noted as the world's largest airplane though the DC-X German flying boat carried over 160 passengers on a flight.
MENTIONED IN THIS ARTICLE
Kharkov
Washington
Ity
John H. Shaver Will Probated in District Court
John H. Shaver, longtime Cedar Rapids resident and cracker industry promoter, died Nov 14 and his will, dated June 8, 1916, was probated this week. Assets go to wife Martha E. Shaver with executor Fred H. Shaver named. The obituary note also mentions Jennie E. Shuck's bequest to Lisbon’s St John’s Catholic Church and other beneficiaries.
MENTIONED IN THIS ARTICLE
John H. Shaver
Cedar Rapids
Chicago
Martha E. Shaver
Fred H. Shaver
S J. John’s Catholic Church of
Lisbon
Jennie E. Shuck
Peoria Liquor Trial Jury Fails to Reach Verdict
The jury in the William C. Cooper and Harry Brown liquor case was discharged after 21 hours with 25 ballots showing no decisive vote. Assistant DA Mark Alexander said no new trial is planned, bonds remain in force, and the case may proceed only by order of the attorney general. 26 defendants faced trial. 22 pled guilty. two were freed by directed verdict. 40 indictments were returned in Davenport Moline and Rock Island.
MENTIONED IN THIS ARTICLE
Peoria
William C. Cooper
Des Moines
Harry Brown
Davenport
J. Earl Major
Milton Booth
Addington
Major
Mark Alexander
Brown
Cooper
William Schwinden
Tom Avery
Moline
Rock Island
Wisconsin students prefer cook to prom queen in survey
In Madison Wisconsin the student newspaper surveyed UW students about ideal companions. Most chose a good cook over a prom queen. One youth offered humor noting a partner who would sit up six nights a week and hope they would come around the seventh.
MENTIONED IN THIS ARTICLE
Madison
Wis
University of Wisconsin
Murder surrounding Dr Wynekoop stuns Chicago
Seven members of Dr Alice Wynekoop's household were detained as police probed the death of Rheta Gardner Wynekoop. Investigators signaled a possible insurance motive as a $10,000 policy on Rheta surfaced and a chloroform bottle was found near the body on the operating table.
MENTIONED IN THIS ARTICLE
Alice Wynekoop
Chicago
Rheta Gardner Wynekoop
Alice Lindsay Wynekoop
Stege
H. H. Gardner
Indianapolis
West Side
Wynekoop
W. J. Brown
New York Life Insurance Company
Walsh
Wynekoopaid
Sentiman
Kansas City
Kan
Catherine
Also Mentioned on This Page
Link
Hart
Troe Bank
President
Harold Irwin
Vincent Harrington
Irving Knudson
Charles D. Moore
Paul Cunningham
John Mitchell
Leon Powers
Conmenilye
Frailey
Wisconsin
Girl
Marttal
Earle
Rheta
Beverly Hills
Dr. Wynekoop
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