25 Oct 1934
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 25, 1934
Page
1
In distant Rome Professor Rexford Guy Turnell of the International Institute of Agriculture foresees a shift away from pure free trade toward a more substantial exchange system between nations. A parallel note in Washington says Tugwell has stepped back from active policy making, with election campaigns and farm loan ideas shaping current politics.
Reginald Tracy of Manchester and his wife Mrs Fear were sentenced after pleadings of guilty in a murder-for-hire plot. Judge A B Lovejoy deemed no mitigating circumstances and imposed death for Tracy and life for Mrs Fear. Confessions disclosed that Adolph Berg was the actual killer.
In Chicago three men Irvin Weitzman Walter Murphy and Jack London were indicted on grand jury charges of participating in the murder of Eli Daiches wealthy advertising company head. Police say Daiches was killed so the firm could collect a $300 000 life insurance and the indictments were returned before Judge Denis F Sullivan.
CRISTOBAL Panama AP United States fleet rushes from Atlantic to Pacific in a surprise maneuver.
Mrs A Carlson of Willmar Minnesota and Mrs Malcolm Douglas were nominated for national president of the American Legion auxiliary at the organization's annual convention in Miami Florida on Wednesday.
The piece laments global fanaticism and looming war, arguing humanity faces a stark choice between walking the path of God through righteousness or pursuing self-destructive ideologies. It cites Karl Barth on God’s absence and foresees a split between Soviet and Fascist blocs, warning civilization may fall if peace is forsaken.
Chairman Jesse Jones of the Reconstruction Finance Corporation told the American Bankers Association that bank dangers are past and urged banks to lead recovery through more liberal credit. He pledged government cooperation, urged reform of bank examinations, and suggested joint examinations by all agencies.
Washington AP reports the District of Columbia supreme court ruled the railroad pension act unconstitutional. Justice Wheat held the measure extends to intra state commerce and violates due process by taking property, delaying a fund setup and affecting over 1,000,000 former employees while stocks rose on the news.
Washington AP report says NRA board and banking code committee agreed to eliminate fair practice articles. The committee will formally recommend removal and the board will approve soon. NRA will then regulate wage and hour provisions of the banking code. Bankers proposed amending fair practice rules for service charges on small balance checking accounts.
Berlin dispatch by H R Knickerbocker reports that nineteen months into the third Reich Germans have traded liberty for promises of economic security. Citizens gain bread made with potato meal and bran, margarine from whale oil, shoddy wood fiber clothing, and tires from reclaimed rubber while fuel for automobiles is replaced by substitutes. Spare time is spent collecting scraps to aid dwindling supplies as housewives are urged to conserve.
The article compares wartime shortages to past blockades, noting a shift to ersatz substitutes. It cites a one sixth ounce of thread per person per year and a five ton annual total, arguing Germany faces a tightening blockade. Dr Schacht is named as Reichsbank leader commenting on the era ahead.
Miami reports the American Legion committee rushes a resolution demanding immediate cash payment of veterans' bonuses. The measure, backed by National Commander Edward A. Hayes and a Roosevelt letter, calls for cancellation of accrued interest and refund of interest already paid, with payment in full now. The convention floor is expected to hear a strong show of support despite warnings of limited funds.
From her sickbed Eleanor Wilson McAdoo announced the definite postponement of Ellen Wilson McAdoo's marriage to Rafael Lopez de Onate. The couple had faced California intermarriage laws. De Onate presented papers asserting Spanish descent and U S birth to counter racial barrier concerns.
Chicago police ordered a inquiry into why Dorothy Ketchum of Marengo Iowa, formerly of Cedar Rapids, was jailed on Disorderly Conduct instead of sent to a hospital. She died after suffering a bad scalp wound and coma, with a psychopathic exam ordered. Her family ties in Cedar Rapids and Anamosa are noted.
Berlin reports Reichsfuehrer Adolf Hitler issued a decree merging all former trade unions and employers associations into a single labor front under Nazi control. The move aims to align employers and workers, resolve conflicts, and create a party supervised body with revenues from 18 million members.
President Roosevelt told about 4000 American Bankers Association members that federal lending agencies will run only until private capital can fully meet credit needs. He urged gradual curtailment of public agencies as banks and private sources take over lending functions, signaling cautious optimism for a shift to private financing.
Belden Hill, a Cedar Rapids organizer of baseball for over thirty years, died Tuesday. Funeral services set for Thursday at 2 p.m. in Turner chapel with Rev. Robert Little and Rev. Harry Kremers officiating. Pallbearers named Harry S. Johnson, King Thompson, O. C. Olney, Howard Hahn, L. E. Henry, Will Deacon. Burial in Oak Mill cemetery. Friends may view at Turner chapel until 9 p.m. Wednesday.
A guillotine used during the revolution, which had beheaded about 1000 condemned nobles and bourgeois, was auctioned in Paris for 30000 francs. The buyer plans to display the beheading machine in a cafe near Tours to draw trade. The device had stood for 25 years in the Church of Saint Julien the Poor near Notre Dame.
Bruno Richard Hauptmann, 35, Bronx carpenter, will stand trial January 2, 1935, in Flemington New Jersey for the murder of Col. Charles A. Lindbergh’s infant son. He pled not guilty as Justice Thomas W. Trenchard denied a faster schedule despite requests by Attorney General David Wilentz and Chief Defense Counsel James M. Fawcett.
President Roosevelt spoke at a press conference on the closing days of his campaign drive and offered no clear mention of establishing a central bank. He stressed continued relief spending for unemployment while urging faith in a revival of business activity and the profit system as reward for effort. He called for an alliance of business banking and agriculture to push recovery, noting the need for loans to support industrial life.
Stockholm AP reports two leading candidates to share the 1934 Nobel prize in medicine with a possible third. George Minot of Harvard Medical School and George H. Whipple of the University of Rochester are cited as the strongest likely winners, with William P. Murphy of Harvard also mentioned. All are recognized for work on anemia treatment.
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