Van Sweringen Brothers Built Rail Empire on Borrowed Money
Senate investigators heard how J P Morgan and Company figures describe the Van Sweringens growth of a vast railroad domain starting with a 2.0 million cash fund in 1916 and over 600 million raised for Erie stock. The testimony covered stock sales by a partner and the role of loans and public funds in acquiring Chesapeake and other lines as Ferdinand Pecora questioned Thomas Lamont and others during a Washington hearing.
MENTIONED IN THIS ARTICLE
Washington
Senate
J. P. Morgan and Company
Ferdinand Pécora
van Sweringen
Thomas &. Lamont
Pecora
O. P van Sweringen
van Overingen
Morgan and Company
Peasra
Banking Committee
Lamont
Tnlex
Morgan Partners
Davis
John W. Davis
Council Demands Financial Report and Tax Law Guidance
The Charleston city council adopted a resolution requiring four full city financial statements be submitted by July 10 and asked the city solicitor to prepare a set of new tax laws. Councilman H L Wehrle led the effort while the city manager and engineer were to consult with the state road commission on highway routing and seek funds to replace bridges over the Kanawha and Elk rivers.
MENTIONED IN THIS ARTICLE
Charleston
H. L. Wehrle
Ale
Jery Nott
State Road Commission
Kanawha
Fuk
Wohrly
Lovell Street
Creighton plans in operation add 700 workers at Pittsburgh
Pittsburgh June 5 Creighton plans of the Pittsburgh Plate Glass company in operation today and officials say 700 men have been added to the force. Chicago June 5 American railways carry 10 273 passengers in May up 60.4 percent from April and 2.7 percent from last year. New York June 5 New York Central railroad to purchase 1290 tons of rail from Inland Steel. Dun Bradstreet May business failures total 1009 involving 47 971 579, smallest in four years.
MENTIONED IN THIS ARTICLE
Pittsburgh
Creignton
Pittsburgh Plate Glass Company
Chicago
L. B. Manning
New York
New York Central Railroad Today
Inland Steel Corporation
Dun, & Bradstreet, Inc
Taonth
New Laws To Go Into Effect This Week
New laws take effect this week as the legislature closes its special session. Affects include three and one half percent monthly interest on small loans under 300, restoration of a two percent rate, and revival of the state water commission under new safeguards. Auto license plates and road signs will be produced at the state penitentiary, replacing the Nitro plant.
MENTIONED IN THIS ARTICLE
House of Delegates
Water Commission
State Water Commission
Supreme Court
Nitro
Ohio College Man Picked to Arbitrate Coal Wage Argument
President Roosevelt named Dr. William M. Letserson of Antioch College Ohio to serve on a three member arbitration board for southern Ohio coal wage disputes. The board includes George W Rightmire president of Ohio State University and another appointee to be chosen by arbiters. The panel will seek a temporary wage scale either by federal legislation or state law.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Ailam M. Letserson
Antioch College
Yellow Springs
Ohio
Letverson
George W. Rightmire
Chio State University
George White
Southern
William M. Le‘serson
Arbitration Board
Operation Of Conservation Bureau Starts
The new West Virginia state conservation department began functioning yesterday after federal approval of six civil conservation corps camps on private lands. Governor Kump sponsored the bill creating the department, with two state camps already approved for Watoga and Seneca forests. Camps will operate on private land in Nicholas, Wyoming, Boone, Randolph, Greenbrier and Logan counties, focusing on fire protection.
MENTIONED IN THIS ARTICLE
State Conservation Department
Civil Conservation Corps
West Virginia
H. G. Kump
The
Conservation Department
Watoga
Seneca
Pasahontas County
Nicholas
Wyoming
Boone
Randolph Greenbrier
Logan Councies
Senate Writes New Tax Bill
Washington reports a Senate committee considers a corporate net worth tax and new dividend tax to finance a 3.3 billion public works program. The plan would tax corporations’ net worth at 0.1 percent and earnings above 12.4 percent, with a 5 percent dividend tax, while halting a sales tax. The panel weighs licensing provisions tied to codes of fair competition.
MENTIONED IN THIS ARTICLE
Washington
Senate Committee
Harrison Corporation
Hoosevalt
Harrigan
Einsert
Harrison
Col
West Virginia Prohibition Opponent Predicts Large Repeal Support
Mrs. Livia Poffenbarger wife of former state supreme court judge told a Charleston audience that West Virginia will elect delegates to the ratification convention on June 27 and register a handsome majority for repeal. She denounced organized racketeering under prohibition and urged women to answer the country’s call, stating prohibition is not a moral issue but a financial lure that has bred corruption and enforcement abuses.
MENTIONED IN THIS ARTICLE
Livia Simpson Fotlenbirger
George Poffenberger
Rtate Supreme Court
West Virginia
March of Progress
Tuesaday
Poffenbarger
Bofienbarsi
Ehurenes
Mattern Heads Toward Omsk in World Record Flight
James Mattern resumes his world circling speed attempt from Moscow rushing toward Omsk Siberia after a nine hour delay. He follows the Post Gatty route to gain over water hops and more landing points. He halted briefly in Moscow awaiting favorable conditions and denied a Yakutsk route bypass.
MENTIONED IN THIS ARTICLE
Moscow
James Mattern
Omsk
Siberia
Oslo
Norway
Alaska
Yakutsk
Wiley Post
Harold Gantry
Mattern
Post-Gatty
Post
Gatty
Sea of Oxhatsk
Beringian
Khabarovsk
Control Board Reorganization Likely This Week
The new state board of control faces a week of action as James A. Chambers and A Spates Brady take office at the capitol. Ohio figures debate officer elections and gubernatorial influence while John Bunker White or James A Chambers loom for presidency. Brady, a republican engineer, may fill remaining term in Lakin vacancy and move to public service commission.
MENTIONED IN THIS ARTICLE
State Board of Control
James A. Chambers
A. Spates Brady
Kump
Capitol
White
Chambers
John Bunker White
Charleston
Wardover Democrat
Huntington
Hewly
Br. White
Serly
H. N. Bradley
Allon Manufacturing
Brady
Bikini
James 3. Lakin
Unclear historic flight timeline in disrupted AP transmission
AP report outlines a sequence from Floyd Bennet Field to Oslo then Moscow with multiple irregular time stamps and garbled place names. The fragmentary notes mention departures and landings including youths coast of Norway and a leg toward Siberia, but many details are unreadable.
MENTIONED IN THIS ARTICLE
Associated Press
Floyd Bennet Field
Kew Fork
An. Landa
Dourfenland
Norway
Oslo
Tok
Moscol
Moscow
Omak
Siberia
Mitchell Tells Story in Trial
Mitchell testified in a New Hampshire trial on income tax evasion charges, claiming he sold 18,300 National City bank shares to his wife in 1929 to avoid market loss, and that he could not sell to his employer to prevent a price drop. He disputed the government charges, describing a 666 656.56 payment as an advance to be repaid, and explained stock dealings with W. D. Thornton.
MENTIONED IN THIS ARTICLE
NHW Fors
Charies B. Mitchell
Imicome
Ry, Earnash, Husky Voice
National City Bank
Nasional City Bank
Elizabeth Bendit Mitchel
Henry W
National City Company Management Fund
W. D. Thornton
Industry Gains In Wheeling Area
In Pittsburgh era news the Wheeling area shows industrial upturn as workers return. Pittsburgh Plate Glass Creighton Plant runs two units for first time since 1931 with about 700 back at work. Follansbee brothers mill adds 50 workers, total payroll 1,000, and other plants resume at capacity. Strikes continue in some mines while railroad crews increase freight handling.
MENTIONED IN THIS ARTICLE
Pittsburgh Plate Glass
Creighton
Carrie
Camegis Steel Com
Beng St Homesferd
Pean Iron and Steel Company
Wheeling
Follansbee Brothers
Shear Metal Specialty Company
Follunsdea Brothers
Histery
Oficers
Agnell
New Castle Works
American Sheet and Tin Pinte Company
Hicks Con Company
Vangergritt
Charleston Man Named WVU Lawyers Alumni President
Robers 3. Riley of Charleston was named president of the West Virginia University Lawyers' Alumni Association. He succeeds Charles M. Love, also of Charleston. Representatives from congressional districts elected include Pirat Julian G. Moran Jr. Wheeling, R. W. Hiner Franklin, Byron Randolph Clarksburg, Wanley Parkeraburg, Bernard McClaugherty Bluefield, Houston G. Young Charleston.
MENTIONED IN THIS ARTICLE
Morgantown
Robers
Riley
Charleston
West Virginia University Lawyers
Charles M. Love
Pirat
Julian G. Moran, Jr
Wheeling
R. W
Hiner
Franklin
Byron Randolph
Clarksburg
Wanley
Parkeraburg
Bernard McClaugherty
Bluefield
Slath
Houston G. Young
Congress FDR feud delays Congress closing talks grow
Washington reports a widening rift between President Roosevelt and Congress over veterans benefits threatens to derail the administration's legislative program and extend the current session. Senate critics protest the president's secretary Laura Howe's remarks favoring broader targeted cuts and tax funding, while lawmakers debate limits on contracting and budget balancing measures.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Wile House
Biorton
Senate
Laula Howe
Cutting
HN. M
Howett
Liberalize Limit of Loans To Insurance Companies
West Virginia may ease loan restrictions on insurance companies within two weeks after a national meeting in Chicago. Deputy state insurance commissioner Harlan Justice noted that states plan new regulation plans and that changes here will follow the broader trend set in Bay State. The crackdown had allowed loans only for mortgage payments, with recent liberalization for specific purposes.
MENTIONED IN THIS ARTICLE
Harlan Justice
Insurance Commissioners
Chicago
Justice
West Virginia
Bay State
West
Marap
Illinois Votes For Prohibition Repeal Nationwide
Illinois joined eight states opposing national prohibition with about 800000 ballots. Downstate counties largely opposed repeal while metropolitan areas like Cook County cast heavy support for repeal driving a statewide majority. Judicial delegates backed by wet candidates won in several districts. Governor Horner welcomed the pro repeal result and the state’s shift amid expectations for future state and national action.
MENTIONED IN THIS ARTICLE
Ghicago
Ilinois
Jong
Cook County
Chicago
Downstate
Col
Ira Reeves
Weathern
Cragadars
Revicalists’ Organization
Ilinals
Indiana Votes On Eighteenth Amendment Repeal Debate
Indiana voters face a pivotal statewide referendum on repealing the eighteenth amendment with factions led by Bishop Cannon and Governor McNutt. Senators Robinson and Van Nuys clash over prohibition while rural upholds and urban centers split. Delegates to a June convention will decide constitutional change after the vote.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
James Cannon, Jr
Methodist-Episcopal Church, South
Gayor
Jl‘nals
L. B. York
Indiana Anti-Saloon League
United States
Arthur R. Robinson
Frederick BE. van Nuys
Robinson
Washington
van Nuys
Thousands Seek Board Jobs In Education Appointments
The state department contends thousands of applications pour in for county boards of education while 165 seats remain. Superintendent W W Trent personally reviews each application as influential pleas flood in and calls go out to recruit both supporters and friends of his measures. Many seats may go to non applicants, with some coaxed into serving to back the law and its fair trial.
MENTIONED IN THIS ARTICLE
State Department of Education
County Boards of Education
Bute
W. W. Trent
Ealls | Mombere
Iitar
Pally
Trent 5
Womer
Trent
BUI
Nimegif
Masonic Reunion Opened In Charleston Lodge Ceremonies
Members of Squier Lodge of Perfection began a ceremonial Masonic reunion last night with degree work continuing through the evening and into Friday. Officers including Frank A. Thomas led the sessions as the seventh to the fourteenth degrees were to be conferred under the lodge’s direction at the Charleston Heston theater starting at seven o clock this evening.
MENTIONED IN THIS ARTICLE
Charleston
Sorouas
Frank A. Thomas
Vagecanle Saastes
Squier Lodge of Perfection
Charleston Heston Theater
Kenigata
Will Says Roosevelt Will Have to Speak
A fragmentary report quotes a speaker predicting Roosevelt will need another public address to challenge Congress. The speaker notes Roosevelt’s extended policy debates and hints at pressures over government actions, including alcohol policy on an Indian reservation.
MENTIONED IN THIS ARTICLE
Will
Roosevelt
Ste
Congress
Agame
Also Mentioned on This Page
Brother
Morgan Partner
Cleveland
Thomas
Council
Willie Willis
Robert Quillen
Pug
Ohio College
Operation of Conservation Bureau
Kamp
Russia
Texas
Siberts
Hig
New York City
Novosibirsk
San Angelo
Atlantic
Capitol Hears
Mitchell
Mr. Mitchell
Max D. Steuer
Defense
Bant
Jue
Tri-State
W. Va. U
F.D.R
House
Illinois
Hugh Carney
Kanawha River
T. E. Romine, Jr
Cala Morula
Dr. 4
Romine
California Place
Carney
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