27 Nov 1932
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 27, 1932
Page
1
In a thoughtful yet sharp review the international debt question is critiqued through Secretary Stimson’s notes to debtor nations, recalling U S loans and relief after 1918. The piece also probes the decline of public trust as debunking and political theater unfold, with Jimmy Walker’s Monte Carlo escapades highlighted as revealing.
The piece surveys labor demands for work or relief funded by industry and unemployment insurance, asks who bears responsibility for today’s instability, and questions whether capital and labor cooperation can safeguard employment and profits amid a harsh economic mood. It cites high school planning discussions on funding and costs.
The United States presses for some payment by December 15 while Europe claims it cannot afford to pay. London plans to notify Washington of inability to pay. Paris faces parliamentary revolt and possible default. Brussels signals Belgium cannot pay. Washington weighs a lump sum settlement via long term bonds to be issued later.
Paris reports say lawmakers push immediate debate on refusing debt payments and moving deposits to Basel. Premier Herriot vows to present his own solution, facing potential overthrow to enable a future coalition debt settlement. Norman H. Davis denies debt talks, focusing on Geneva arms issues.
A U S official says the administration backs a lump sum settlement of Europe s 11 billion war debt to end tensions with Europe. Britain and France reportedly favor the idea though it is seen as future policy. bonds may be floated to fund the payment. Poland and Czechoslovakia were told their December 15 payments are due, with Hoover to ask Congress to set up a commission to reexamine debt agreements.
Greta Nissen the film actress and Weldon Heyburn actor announced they had reconciled and that a mutual consent divorce suit filed in Mexico was withdrawn.
Cedar Rapids reports year to date auto toll data showing 2213 accidents, 348 injuries, and unspecified fatalities. The fragmented figures suggest ongoing road safety concerns and calls for review of traffic enforcement and safety measures in the Cedar Rapids area.
Miles Angus wins top carlot fat cattle in Aberdeen Angus at Chicago live stock show reported by AP. J F Mommsen of Miles Iowa earns grand champion, surpassing last year’s Hereford win, with Morris Brothers Ainsworth and others placing in short horns Herefords and Angus classes. Intercollegiate judging for livestock wrapped. junior feeding contest winners named. midwest farm youths dominate, with Thomas F Smith Corvallis Mont winning barley champion for Region One.
Lorraine Snyder, now fifteen, was legally recognized as sole beneficiary of Albert Snyder’s estate valued at 12 101 dollars. Ruth Snyder and Judd Gray were executed for the murder with a sash weight. Lorraine lives with her maternal grandmother at Silver Beach.
Captain A A Drummond a Tulsa ranch owner vanished with 91000 in a money belt after a whisky racket deal. Detectives link the disappearance to a confidence gang that lured him six months ago in Tulsa, then met him in Cleveland and might have double crossed him in Chicago while he sought repayment and an explanation.
The Nobel peace prize for 1932 will not be awarded, the committee decided on Saturday in Oslo Norway. The decision ends hopes for a recipient that year and reflects the panel's stance amid global tensions and political controversy.
President Paul von Hindenburg conducted a secret conference to test party attitudes toward forming a working parliamentary government before likely restoring a presidential cabinet with semi dictatorial powers. Attendees included Franz von Papen Kurt von Schleicher Otto Meissner and Col Oscar von Hindenburg with Krupp mentioned as a candidate. Adolf Hitler’s role remained uncertain as he prepared to return to Berlin if needed.
Equitable Life Assurance Society of New York filed an answer and cross petition in federal court in Des Moines. Collins Mortgage Co. of Cedar Rapids sought more than a million dollars for terminating their loan agent agreement. Equitable denied the claim, sought an accounting, and alleged nearly $500,000 due from Collins. The cross bill asks transfer to the equity division.
The Cedar Rapids Gazette will begin daily installments of Franklin D. Roosevelt, A Career in Progressive Democracy, by Ernest K. Lindley. The author, a political writer for the New York Herald Tribune, offers an unbiased, detailed portrait of Roosevelt’s life, from Groton and Harvard to his fight with Tammany and infantile paralysis. Watch for the first installment next Wednesday.
In Raymond Street jail Brooklyn prisoner Andrew McCormick 28 shot and killed deputy warden William McConnell and then killed himself in front of his visiting wife. Father Harry Honeck injured in leg as authorities flooded the scene with police and floodlights. authorities detained the wife suspecting she aided the crime.
Dr. William M. Guilford, oldest living alumnus of the University of Pennsylvania medical school and dean of Pennsylvania medicine, celebrated his 100th birthday on a Saturday in Lebanon, marking a century of professional service and education.
Chicago AP reporters survey common people across trades to gauge mindset amid stress and Depression era fears. They note a new psychology of living focused on adjusting to scarce earnings, with some fearing disaster without industrial remedies and others seeking meaning in daily labor and simpler pleasures like a beer.
Five farm organizations including the Grange and the American Farm Bureau Federation will meet in Washington to agree on a relief plan aimed at restoring farmers purchasing power. Louis J. Taber, National Grange master, said the details are still being worked out and Roosevelt supported exploring a crop allotment approach.
Donal Buckley, shopkeeper and former 1916 rebel, sworn in as governor general of the Irish Free State representing the king. The Sinn Feiner, once an outlaw, took oath in his brother’s Blackrock home, after endorsement by De Valera and the Free State executive council. Buckley’s appointment surprised many and follows his earlier guerrilla and political career from 1918 to 1922 and later Fianna Fail service through 1931.
A W H Lenders vice president and general manager of Penick and Ford sustained cuts and bruises after being brushed from his horse Wednesday near Cedar Rapids. His family reported his condition considerably improved Saturday after he remained in bed until then.
The forecast covers the week starting Monday November 28 for the upper Mississippi and lower Missouri valleys and the north ern and central great plains. Mostly moderate temperatures early, possible colder spell later. little precipitation expected.
H Steinberg a Minneapolis watch salesman told police three men held him up on a nearby highway in St Cloud. The bandits took 110 watches valued at 1400 dollars and 32 dollars in cash.
A Saturday evening crash at Thirty-first Street and an arterial highway intersection left two boys with minor injuries. Doran Dale and Laurence Dale were riding on a wagon when a car driven by Louiis Carsner of Marion collided after Dale failed to stop and attempted to avoid the wagon. Dale Smith and Lee Smith sustained minor cuts and a head bump, while the other riders escaped unharmed.
In Milan an American girl student is suspected by police of being the trunk murder victim found dismembered in three trunks at Naples and Rome stations on November 16. Miss Anna Dershere of New York, a singing student here, has been missing since late October. Her teacher cited the abdominal scar and newspaper descriptions as clues. Her parents live in New York.
Detroit reports Henry Ford, the 69 year old auto magnate, underwent emergency surgery Saturday at Henry Ford Hospital for strangulated femoral hernia. Hospital said his pulse and temperature were normal by 5 pm and he rested well. He was accompanied by Mrs. Ford, Edsel Ford, Mrs. Edsel Ford and Harry Bennett.
Henry Ford undergoes surgery and remains under care at a hospital while officials say he should be out and back in his offices within a week. Ford’s reserve approach noted as he recovers, having earlier supported Hoover and joined campaign activities. He built a vast industrial empire from mechanical skill and a simple idea.
Rep Bankhead of Alabama withdraws from the race for speaker of the 73rd Congress to succeed Vice President elect Garner and will back Rep McDuffie of Alabama for the position.
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