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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jul 14, 1934
Page
3
The RFC has repaid most of the loans to private banks and railroads, with about 1.5 to 2.0 billion repaid from totals around 2.6 to 4.1 billion lent. Mortgage lenders and private agencies also show substantial payback, while critics misread the program as permanent expenditures. The RFC is one of the most successful recovery agencies.
Francis Marion Law, president of the American Bankers Association, says banks are eager to lend and compete for good borrowers as demand grows and profits return. He notes low rates, strong credit risks, and anticipated relaxation of the money market. Nature and agriculture then shift with farm crops down, prices rising, and some government aid likely for hard-hit regions.
Twenty years ago the Boy Scouts left for a camp on the Brokenstraw near Keppel mail for about a week. The year’s business improvements boosted operations at Kurtz and U S Chuty Company plants. A young man was arrested for fast driving on North Center Street. the case ended with a fine. William Post, a Union City carpet worker, was badly shocked by a live wire on Main Street and sent to Erie hospital. Walter Wills bet W. G. Murray that Crescents high school team would win. Murray’s side paid fifty dollars to Paul Downey as starter. The all-state lineup was announced with Maloney, Long, Downey, Lathrop, Pope, Pearce, Craker, Cogswell, Cast, Keating and others. Captain Dick Patton, quartermaster of the Lt regiment living in Chicago, is visiting relatives in the city. Cash Hammond, who finished engraving and watchmaking studies in Philadelphia, leaves for Gainesville Ga to take a new job. Leslie McLean, the billiard player hit on the Fourth of July, may leave hospital soon. Dr Greenfield had a Ford turnabout mishap on Columbus Avenue when the cape folded slightly and right front wheel buckled. Little other damage reported.
Fox director Raoul Walsh and his wife flew to New York where he met with Sand Hog authors to discuss early production. Producer Robert Teane will oversee the film set against a tunnel under the East River. Edmund Burke just returned from New York after finishing Shirley Temple’s Angel Wace screenplay. The report also notes Broadway star Evil Rhodes signed by Rio Radio Pictures for The Gay Divorce screen adaptation starring Fred Astaire. Rhodes, born in Reno Oklahoma, later attended Oklahoma State University and won a 1927 Kansas City scholarship for Metropolitan Opera training.
John Shaw, 61, of Oil City, died of a heart attack at the exit of a reunion picnic near Cooksburg, Clarion County, as he slumped over the wheel of his car while leaving the river raft veterans gathering. The event drew about 2000 veterans who mourn the loss amid talk of relief and subsidy policies.
Paris fashion news reports new dress decree for 1934 35 season. Milady to wear longer skirts narrower shoulders and exotic furs with luxury fabrics. Paris dressmakers expect buyers to return to Paris designs after American imports prompt a shift in style.
Washington July 14 General Hugh S. Johnson labeled the United States Army’s best thinker now leads the National Recovery Administration while taking a Westward vacation. Col George A. Lynch, veteran infantryman and detective fiction author, arrived at NRA headquarters to assume an administrative role, running the agency with Johnson away. Lynch, Johnson’s close friend from West Point, is described in colorful terms, wearing military dress, and guiding operations as if still in uniform.
Octayvine notes a pleasant luncheon with friends should brighten the hour. Postpone important tasks to late afternoon as conditions worsen before midnight. Birthdates suggest caution from Aug 22 to Sept 2 with adverse finances ending. February 1985 brings improvements, romance, children, theater, and other gains though August 16 carries danger.
In St Louis a corruption case juror was briefly taken to a Cardinals game against the Dodgers and, the next night, to an opera acoustic performance, revealing an odd mix of civic duties and entertainment amid local happenings in Missouri.
Detective Sergio Fyerett Fisher has perfected a phn llelectric cell apparatus called the Misleotric eye to measure the point of maximum intensity of automobile headlight beams. Testing aims to avert highway accidents by precise glare testing.
Paris fashion note describes a Paris Big Week trend where one dress is paired with half a dozen jackets in varied colors and fabrics. Madame Schiaparelli’s midseason textures like cel lophane ruched taffeta and crepe tactile fabrics create bold contrasts. The piece highlights gowns, blue rayon capes, and shimmering accoutrements as a display of discriminating style.
United Press reports the State Superior Court ruled mint or similar gambling devices are illegal and subject to confiscation under statutes. The ruling by Judge Gunninghamn overturns Somerset county quarter sessions court which had ordered mint slots seized in raids to be returned to owners.
Fate of Henry C Baus, an Erie attorney, rests with Judge A P Rossiter as disbarment proceedings proceed. Witnesses described alleged misuse of client funds and forged finals. Baus admitted some breaches, attributing them to oversights. Open court, with both sides set to file briefs before a ruling.
Washington reports continued wholesale smuggling of foreign liquor costs the government millions in revenue. Estimates say tariff evasion could reach 35 million dollars monthly with a five dollar per gallon levy. Officials note 10,000 cases weekly shifted to the South Carolina coast and coast guard efforts rise as smugglers operate at sea under darkness. Reducing tariffs and new reciprocal trade treaties are seen as steps to curb smuggling, though negotiations will take months.
United Press correspondent Charles M. McCann surveys the 1926 British general strike, detailing May 2 3 events in London, transportation paralysis, volunteer mobilization, and public reaction. The piece notes the strike's impact on workers, capital, and government response, with a focus on the public’s nonparticipation and the broader implications for organized labor.
In Waltham Mass the mayor is praised for capable policy making as a private siege’s physician Dr Brederick L MacDonald with a quarter century practice frames his view of the city’s needs.
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