05 Oct 1936
Page 1
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This newspaper page contains 27 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 05, 1936
Page
1
Italy devalues the lira to 5.3 cents per unit and fixes the rate at 19 to the dollar and 92 to the pound. The action cuts gold content and cuts tariffs by 15 to 20 percent while stabilizing prices on essentials. A new public real estate loan at 5 percent was announced.
The dollar opened at 21.40 francs and the pound sterling stood at 105.50 francs in Monday's early Paris quotations.
Bar gold in London rose to 141 shillings 12 pence, up 1 2 from Saturday as Monday quotes shifted. Sterling eased 3 4 to 4.927 percent against the dollar in New York market activity.
Paris trading opened with a sensational surge as Bank of France shares jumped 2400 francs and other banks surged toward 40 percent gains. War and industrial stocks followed with similar sharp rises in a frenzied session.
In Topeka Kansas Governor Alf M Landon greets Harry Colmery as the new national commander of the American Legion. Colmery becomes the second Topekan to head the national Legionaires organization amid a gala homecoming with Ralph T O Neill and Earl Todd participating in the festivities.
A 1936 column outlines a three step personal growth method. Relax by ten minutes daily to ease tension, realize by reflecting on life’s larger purpose, and resolve by turning thoughts into definite actions. Emphasizes practice, positive affirmations, and consistent habit formation.
Arthur M. Curtis of the Republican National Committee cites a Pittsburgh address by President Roosevelt as a box score of government. He lists five errors and a deliberate misplay, noting contrasts between 1933 and 1936 figures on debt unemployment and deficits.
Mrs. Ruby Smith, about 45, a passenger on the Union Pacific Overland limited, hanged herself in a washroom between North Platte and Kearney. A porter found the body after passengers could not gain entry. A sister in Fort Wayne Ind. was the only known relative. no note was left and no reason was given.
Paris reports police and army pressure amid street fighting between fascists and communists. Government issues tariff-cut decrees dropping rates 15 to 20 percent and removing quotas. The franc's 30 percent devaluation fuels industry fears of foreign competition and higher prices. Proletariat groups doubt relief will offset cost of living rise.
French fascists press a new line against the left front government by undermining the loyalty of the national police and aiming to win over the mobile guards. Reports said arms smuggling from Switzerland aided fascist activity while Bishop Maurice du Bourg denied church depots.
In Geneva on Monday Britain and France united to push down world trade barriers. Speaking before the League of Nations economic committee the two nations described their monetary accord with the United States as a springboard for broader effort. W S Morrison said the tri power pact aims at currency adjustment not stabilization and that Britain will not pursue stabilization until trade restrictions are removed and gold is rejoined.
A listings rundown notes Monday night broadcasts across CBS NBC and local stations. It features Republican and Democratic programs with figures such as Mayor LaGuardia, Dr. Charles Burkett, and Dr. J. F. Bryson, plus coverage on WJZ WBEN WHAM and WEAF with various time slots.
Editor Lyle C. Wilson reports Republicans and anti new deal Democrats cutting into Roosevelt support in Missouri. Predictions vary from Roosevelt winning by 40 000 to 80 000 to 50 000 in St. Louis, with Landon potentially narrowing the gap.
John D. Montgomery of Philadelphia files suit as a taxpayer in federal court seeking to halt all future federal reserve notes and to withdraw notes in circulation He contends Congress delegated coin power to reserve banks and seeks removal of earnings from banks while urging inflationist groups to join the case The treasury put reserve notes in circulation at about 4 033 billion dollars as of September 23
At the Pennsylvania medical society convention in Pittsburgh Dr Temple Fay and Dr W B Chamberlain demonstrated a glass enclosed device that simulates brain functions except thinking. The machine displayed pulsing blood flow and brain fluid circulation, attracting public interest as a new attachment from Temple University.
In Rome the International Institute of Agriculture elected Dr Henry Charles Taylor of Des Moines Iowa as president. He is director of the farm foundation of Chicago and was chosen by the biennial general assembly in Rome.
Former assistant secretary Ewing Y. Mitchell details alleged waste and patronage in the Commerce Department in his book Kicked In and Kicked Out of the President's Little Cabinet. He cites contracts, shipboard profits, scrapped vessels, and a three motor plane bought for personal use of Col. Clarence M. Young.
Harry Wendell a 22 year old Watkins resident was struck as he crossed Third street at First avenue SE around 8 p m He suffered a cut on his right hand and was taken to St Luke s hospital Wendell said rain blurred his vision while McGiverin driving west on First avenue stopped for a stop sign at Third street and turned south after seeing Wendell four feet ahead on the crosswalk
The Cedar Rapids Community Chest fund climbs to 567 816 dollars as workers at the Montrose hotel noon luncheon report strong progress across industrial public service and commercial divisions. The goal remains 85 752 24 dollars with canvassers urged to collect every pledged dollar.
Cedar Rapids saw a clearing sky on Monday with improved temperatures after Sunday night rain of .4 inches. The day featured a 75 degree high after a 64 degree morning, with prior lows near 59 and a Sunday low of 54. Records cited Chambers Inskeep company data.
Washington reports a possible new cabinet level department of welfare to lead relief efforts. The idea, gaining momentum with campaign strategy, would consolidate agencies such as the WPA youth public health and social security programs under one secretary.
The National Safety Council reports 1936 accidental deaths will total about 110000, up 10000 from 1935 and 9000 above the 1934 peak, as the 25th national safety conference opens in Atlantic City.
In Chicago two after theater bandits robbed Benjamin Beris a wealthy manufacturer and his wife in front of their home early Monday escaping with furs and jewels valued at $9 000 Police suspect victims were chosen from loop theater patrons during intermission then followed home after the play ended.
Frank Murphy democratic candidate for Michigan governor said President Roosevelt would deliver a major campaign speech in Detroit on October 15 and may also appear in Grand Rapids. Murphy noted Roosevelt’s Michigan visit as part of a broader campaign effort.
In Omaha, George Baker, 37, a Blaugas employee, was killed and Otto Christensen severely burned when an abandoned gas line exploded while an air hammer was being used by Baker, Christensen, and L. J. Guy. Guy escaped then helped Christensen. Baker did not survive. Sparks ignited the gas.
Bill Terry long fly scoring Jo Moore from third in the fifth gave the Giants a 5 4 win over the Yankees at Yankee Stadium. Moores double started the inning followed by Bartletts double and RBI hits. Lazzeri, Crosetti, and DiMaggio provided late offense for New York while Gehrig and Dickey contributed for the Yankees.
In a tense early inning the Giants' Mancuso was caught stealing after a hard grounder by Whitehead and a groundout by Jackson. Ruffing worked to Crosett while Whitehead reached first, with Schumacher striking out to end the frame. No runs, one hit, one left aboard. Ankees in turn: Selkirk walked, Powell drew three straight balls, then Terry walked. Powell and Schumacher both took balls as Lazzeri bunted and Selkirk advanced to third. Schumacher listed, continuing on page 2.
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