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Newspaper
Grafton Sentinel
Location
Grafton, West Virginia, United States of America
Date
Jul 14, 1933
Page
4
This is the fourth and last article in a series examining problems involving money and proposals to stabilize its purchasing power. It summarizes the final outlook and potential policy measures discussed across the series.
Analysis of symetallism as a monetary system argues for redeeming money in both gold and silver rather than one metal. Citing Greece’s electrum and studies by Warren and Pearson, proponents claim a two metal base reduces price fluctuations compared with gold alone. Some advocate adding other metals to further steady purchasing power and argue paper currency requires strict management to avoid inflationary shocks.
The editorial argues the industries recovery act offers miners freedom to unionize without coercion and urges Northern West Virginia coal miners to decide for their own benefit. It praises potential wage gains and shorter hours while warning against riot, bloodshed, and bitterness between operators and unions. The federal role is to ensure adequate wages and fair treatment regardless of union membership.
A mix of editor letters and notices discusses advertising rates and deadlines, a Psalm verse, and a long feature on Italy's air squadron flight from Reykjavik to Chicago. It also covers Rosemont Green Valley mine labor resolution, the value of steady work, and Ohio referendum petitions on the 18th to 19th amendment shift.
Secretary of State William F OBrien aims to certify June 27 election results for repeal delegates. With 19 counties missing unofficial returns show repeal ahead by over 83000 votes. The delegation meets July 25 to cast ratification vote on the twenty first amendment repealing the eighteenth. The oldest member will call the session to order.
West Virginia circuit court notice in the Bolyard case directs numerous creditors and defendants to appear. The suit seeks to appoint a commissioner to report on the estate of Harry L Rogers deceased, determine debts, and order sale of real estate with proceeds applied to costs and debts. Publication is ordered for those residents of the state named.
The editorial denounces Ohio city leaders for attempting to bypass state courts to challenge an amendment to the federal constitution. It reviews the governor’s appointment of E. L. Bailey to head the state road commission, defends mining engineers as civil engineers, and contrasts prewar disarmament promises with current military expenditures, urging adherence to disarmament pledges.
As disarmament talks press on in October, Swanson announces a plan to expand the U S Navy toward treaty levels. The discussion underscores the difficulty of cutting global military forces with many nations still armed and mobilized.
Guards Production on Guards Production on Victor Christgau, former representative from Minnesota, has been named director of the production division of the agricultural adjustment administration. His job will be to see that farmers raise Jess pallet as to get more money for their produce.
A group of scientists led by Dr. Robert A. Milliken announces a new forecasting method claiming 96.1 percent accuracy. The system uses cold and warm air mass movements to predict weather 24 to 48 hours ahead, surpassing the current federal service rate of about 65 percent. The government weather bureau notes potential vast improvements for nationwide forecasts.
Washington announces Joseph G. Conley of Fairmont West Virginia to first lieutenant in the quartermaster corps reserve Burwell C. Yates of Charles Town West Virginia to second lieutenant in the infantry reserve John W. Machesney of Morgantown West Virginia to first lieutenant in the infantry reserve Conley is son of Major and Mrs Rollo J. Conley of Fairmont and has served as secretary of the State Public Service Commission in Charleston.
Pittsburgh July 14 Scenes of the whiskey rebellion where embattled farmers of southwestern Pennsylvania defied taxes on spirits will be visited by Pitt summer school students today and Saturday. The group will travel through Allegheny Washington and Fayette counties to Morgantown West Virginia after a stop at the old home of Alberta Guatin secretary of the treasure under President Thomas Jefferson.
Glenville July 14 Kenneth Gadd 20 of Cowen fell thirty feet from a third story window of Kanawha Hall men's dormitory at Glenville State Teachers' college. He is in a semi conscious condition with injuries not believed to be serious. He was attempting to sit in the window when the accident occurred. Arrangements are being made to take him to the home of his parents Mr and Mrs Charles Gadd of Cowen.
New York after a settlement in the American Tobacco Company case stock holders gain greater equity in earnings. The decision scales down bonuses and compensation paid to management, affecting the company’s financial distribution.
Paris July 14 The French cabinet accepted Finance Minister Georges Bonnet's assurance of treasury strength and authorized repayment on July 29 of half of a 30,000,000 pound loan to England instead of waiting for its October maturity.
Huntington July 14 a 42 year old Hamlin writer C 8 Stickler died from burns suffered when a new gas well near Huntington ignited. About a dozen others were injured including Dale Hager 18 and Raymond Johnson 18 both of Hamlin as flame in a 3 700 000 foot well flare swept the scene.
D C Tabler longtime Mannington district superintendent is named principal of Williams town high school in Wood county near Parkersburg. He ends a thirteen year superintendent term as county unit system starts. Mr Tabler and Mrs Tabler active in community. he will start duties at the fall term.
Kenneth Conn, one of 11 convicts who escaped from the Kansas penitentiary Memorial Day, was shot to death during an attempted holdup of the county state bank at Altamont. Alba Payton, another of the Lansing prisoners, was seriously wounded in the face.
Chicago scene reports Judge Joseph Sabath ordering Mrs. Kunegunda Koska to provide fifty cents daily alimony to Joseph Koska and milk for his needs, while he remains away from the farm as divorce suits proceed. The petition cites cruelty as grounds, with further injunctions to prevent interference with farm duties.
Charleston July 14 Ernest L Bailey new chief of the state highway system says it will take at least two weeks to make appointments. He notes thousands of applications must be classified before consideration and includes 55 county road supervisors among the expected appointments.
Announcement from the Galloway mine of Simpson Creek Colleries Co in Barbour County states the mine will operate daily until further notice. The operation employs about 400 men and has not been shut down, but previously ran on a part time basis.
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