Congress Stock Bill Faces Reform Push and Probes
Washington probes reveal department activity thwarted by New York office shakeup and possible prosecutions. Morgenthau vows a clean house as secrets of a tapped line and behind the scenes lobbying surface amid Democratic support for Wall Street tied figures.
MENTIONED IN THIS ARTICLE
New York
Customs Service
Morgenthau
Tek Necdernet Ae
Washington
Adaga Cogil Rinary
Treasury
Secfee
Henry Morgenthau
Roosevelt Says No Debts Legislation Needed This Session
A special message to Congress states no legislation is necessary or advisable this session to address war debts. The president expresses willingness to discuss special payment methods if requested, while emphasizing frank talks and the sacredness of the issue. He is in Massachusetts for a graduation at Groton School. Leaders on Capitol Hill welcomed the stance, noting no new debt legislation is urged.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Massachusetts
Groton School
Capitol Hill
House approves silver purchase bill for Roosevelts signature
The House passed the silver purchase bill by 263 to 77 and sent it to the Senate. Senate leaders plan immediate action after the tariff measure, aiming to have President Roosevelt sign. The plan requires the treasury to buy silver until it reaches 25 percent of metallic monetary stocks.
MENTIONED IN THIS ARTICLE
Washington
White House
House
Senate
Roosevelt
Secretary of the Treasury
Wheat and Cotton Rally in Bull Market Tie
New York traders pushed wheat higher amid drought and heat in the Midwest with gains above four cents a bushel. Cotton futures surged as well, up 1.36 dollars per bale, and held around 1.15 dollars per bale in related grain movement.
FERA Moves to Bank Street Quarters
All departments of the local Federal Emergency Relief Administration are now housed at 413 Bank Street, in the former Tennessee Valley Bank building. Moving of equipment and records from the Second Avenue location has begun.
MENTIONED IN THIS ARTICLE
Federal Emergency Relief Administration
Bank Street
The
Tennessee Valley Bank
Second Avenue
Officials at Capital on County Relief Business
J. T. Budinger head of Morgan county works division Prof George T. Woodruff county superintendent of education W H Gregory county farm agent and Gilbert White secretary of Decatur Chamber of Commerce are in Montgomery on official business relating to county relief projects. They expect to return to the city late tonight.
MENTIONED IN THIS ARTICLE
J. T. Budinger
Morgan County
George T. Woodruff
W. H. Gregory
Gilbert White
Decatur Chamber of Commerce
Montgomery
Rev Vance Gordon to Preach Saturday
The Rev. Vance Gordon will preach at the corner of Second Avenue and Johnston Street at 10 30 Saturday morning. His sermon is part of a street ministry series by the Pastors Union and has drawn crowds. The public is invited to attend.
MENTIONED IN THIS ARTICLE
Vance Gordon
Second Avenue
Johnston Street
Pastors’ Union
Dr. Gordon
Limestone man taken for ride
Athens Alabama June 1 special local officers lack clues in a robbery and abduction of O D Yarbrough a rural resident north of Athens The raiders entered his store before midnight held him up forced him into their car Yarbrough says he jumped from the vehicle and was shot as he tried to escape He describes the robbers as one man and three boys
MENTIONED IN THIS ARTICLE
Athens
Ala
O. D. Yarbrough
Yarbrough
Dryden Here Horace Dryden Arrives in Birmingham
Horace Dryden of Birmingham was present today at a local event in the city.
Governor Jimmy Rolph Ill and Honored by Supporters
Beverly Hills editors and citizens reflect on the ailing governor Jimmy Rolph praising his heart and humanity. They note public disapproval from editorial writers contrasted with broad private affection and mothers who supported him as the law and courts face scrutiny.
MENTIONED IN THIS ARTICLE
Beverly Hills
Cal
Jimmy Rolph
Jimmy
Dixon Comes to Valley in Talks
Major Frank Dixon, gubernatorial candidate, schedules three speaking engagements in counties starting Saturday. He opens at the courthouse in Moulton at 10 a.m., then Athens courthouse, with a 3 p.m. session and a 7:30 p.m. discussion likely drawing a large Morgan county crowd eager to hear the campaign issues.
MENTIONED IN THIS ARTICLE
Frank Dixon
Major Dixon
Moulton
Athens
Morgan County
Day of Contrasts on Capitol Hill
Washington June 1 A Senate acceptance of the compromise stock market regulation bill plus tariff arguments and a filibuster complaint created a day of contrasts at the capitol. Only House agreement remains to send the exchange control bill with securities act modifications to the President. Timing depends on Republican tactics delaying adjournment past June 15 war debt payments due.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate
Capitol
House
Representative Burns
Tennessee
Denial Made Bout Will Be Postponed
Madison Square Garden officials deny any postponement of the Carnera Baer bout slated for June 14. The New York Boxing Commission will decide Friday if Barney Ross will defend both welterweight and lightweight titles in upcoming bouts.
MENTIONED IN THIS ARTICLE
Madison Square Garden
Carnera-Baer
New York Boxing Commission
Barney Ross
Howell Turner Here Short Time
Howell Turner, candidate for secretary of state, passed through Decatur this morning en route from Madison and Jackson counties to Jefferson to conclude his run off campaign. Turner, who led in the first primary, expressed satisfaction with prospects for a successful second primary.
MENTIONED IN THIS ARTICLE
Howell Turner
Decatur
Madison
Jackson
Jefferson
Turner
Thomas Furniture Store Remodel Undergoes Renovation
Extensive renovations are underway at the Thomas Furniture Store on Bank Street. The interior and structure are being remodeled to enhance its beauty and appeal.
MENTIONED IN THIS ARTICLE
Thomas Furniture Om Bank
Settlement Efforts Try To Ease Textile and Steel Strikes
Steel workers strike has lasted four weeks while textile workers walkout is set for Monday after code orders cut production by 25 percent and reduce pay scales. Leaders from Amalgamated Association of Iron Steel and Tin Workers and United Textile Workers met with recovery administrator Hugh S. Johnson but reported little progress.
MENTIONED IN THIS ARTICLE
Code Authority
Amalgamated Association of Iron, Steel and Tin Workers
United Textile Workers
Hugh
Mail Bandits Get $17 000 in Raul Conshohocken
Five masked gunmen robbed a Reading Company station in Conshohocken Pa killing no one though a mail messenger and two others were held up. They fled with two sacks one containing $17 000 in cash en route to payrolls and the other parcel post later recovered a mile from the station.
MENTIONED IN THIS ARTICLE
Conshocsocken
Reading Company
Federal Reserve Bank
Philadelphia
Special Meeting of Veterans Set
A special meeting of the Spanish American War Veterans was announced for Sunday at two o'clock at the courthouse. Adjutant J H Albes said the gathering is needed due to a state meeting planned in Eufaula on two days, with arrangements for a two day session.
MENTIONED IN THIS ARTICLE
J H. Albes
Eufaula
Hine Returns From TVA Celebration
Butler P. A. Hine, guest of Sims Lawson, paymaster at Wheeler Dam, attended the TVA celebration at Muscle Shoals. He said officials told him the large crowd would be kept together for the event and that similar gatherings would be held at regular intervals in the future.
MENTIONED IN THIS ARTICLE
Butler P. A. Hine
Sims Lawson
Wheeler Dam
TVA
Muscle Shoals
Hine
Fussell’s Banking Career Highlighted in Decatur Visit
The piece outlines Fussell’s rise from aiding the Farmers and Merchants Bank at Enterprise Alabama at age 18 to serving as State Bank Examiner from 1915 to 1917 and leading multiple banks in Decatur Alabama. He later became Treasurer of the Federal Intermediate Credit Bank and helped organize major Decatur manufacturing ventures. Fussell, visiting homefolks, plans to return to Washington.
MENTIONED IN THIS ARTICLE
Farmers and Merchants Bank
Enterprise
Ala
State Bank Examiner of
Alabama
Tennessee Valley Bank of
Decatur
City National Bank
First National Bank of
North
Federal Intermediate Credit Bank
Fussell
Alabama Bankers Association
Washington
Decatur Youth Cited for Heroic CCC Work
Washington June 1 Special to The Daily Richard Buckley of 406 Eighth Avenue West Decatur a member of Civilian Conservation Corps Company 1444 was cited for heroic work.
MENTIONED IN THIS ARTICLE
Washington
Richard Buckley
Eighth Avenue
West
Decatur
Civilian Conservation Corps Company 1444
Commencement Program for Senior High School Graduation
The school presents its commencement program for graduates and families tonight in the auditorium. Principal W C Jordan announced the plan featuring Prelude, Hymn Come Thou Almighty King, Invocation, Anthem Great is the World, Scripture, Announcements, Offertory with Holy Art Thou, Sermon The Law of the Best by Dr. F Hawkins.
MENTIONED IN THIS ARTICLE
Willring
C Jordan
Trucks Required to Register Now
All for hire trucks must register under the new trucking code just completed. Registration offices in this district are at Malone Freight Lines, 22 East Moulton Street. Each truck registration costs $3.00 to fund National Code Authority administration expenses.
MENTIONED IN THIS ARTICLE
Malone Freight Lines
East Moulton Street
Registrace
National Code Authority
Shoals Current Questions City Power Switch
Officials in Athens awaiting final word on Alabama Power Company transfer to the Tennessee Valley Authority. Mayor Richardson, in Decatur, says change may occur before nightfall with power supplied from Muscle Shoals via PWA. local lines to be served by federal project if approved.
MENTIONED IN THIS ARTICLE
Athens
Alabama Power Company
Tennessee Valley Authority
Richardson
Muscle Shoals
PWA
Washington
Decatur
Alabama
Federal Department
Skating Party Held for Seniors at Senior High
Officers of the graduating class of 1934 at Senior High school entertained members of the class with a skating party at the rink on Grant Street and First Avenue on Thursday night from 10 o clock to midnight. The event brought together students for a joyful evening.
MENTIONED IN THIS ARTICLE
Grant Street
Athens College Clears Floating Debt in Drive
Athens Alabama June 1 report says the floating debt of Athens College has been paid in full through a drive led by local friends and many local creditors who donated their claims to the college.
MENTIONED IN THIS ARTICLE
Athens
Ala
Athens College
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FERA
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Burns
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Charles G
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