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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Jul 06, 1933
Page
3
Washington reports the Roosevelt administration, with Recovery Administrator Johnson and Secretary Roper, weighing actions to accelerate industry under the national recovery plan. Officials say wage increases may not take effect broadly before summer end, as firms rush to stockpile cheap goods, risking renewed overproduction.
Knoxville July 6 Dr Arthur Morgan chairman of the Tennessee Valley authority outlines a balanced plan combining industry and agriculture for the Tennessee Valley. Communities would produce sufficient food for local consumption and build industries to meet local needs with skilled accounting and business management guidance.
Washington July reports from the commerce department indicate a rising production line in May and June with steel, autos, power, and lumber among increasing outputs. Employment and payrolls rose less sharply while overall production neared its best level since mid 1931, signaling an improving business trend amid seasonal hurdles. A separate note reports the Jimmie Mattern rescue plane landing near Terrace British Columbia en route to Nome Alaska, with plans to press on to Alaska after a layover.
In Rekyavik on July 6 1936 the 96 Italian seaplanes from Londonderry Northern Ireland arrived after fighting fog and wind. Leader Air Minister Italo Balbo said the group would rest several days before resuming the ocean hop to Cartwright Labrador about 1 500 miles away.
In New York on July 4, clamor grows for a faster ticker at the stock exchange as inflation and market activity push demand. The current ticker, installed in September 1930, prints 500 characters per minute.
Elberton lawyer Paul Brown was elected to the tenth Georgia district’s unexpired term of the late Charles N. Brand. The Athens dispatch notes Brown will serve the remainder of Brand’s term following yesterday’s vote.
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