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Newspaper
Grafton Sentinel
Location
Grafton, West Virginia, United States of America
Date
Mar 06, 1933
Page
5
City high school hosts the City Cage Tournament with seven teams entered and a final eight to be secured tonight. Drawings by Torlock Rasmulssen set four seeded teams for opening night with two games nightly. admission is 10 cents for all.
The Y M C A cagers defeated the Vikings 44 to 28 at the Y gym securing their sixth straight win and their 14th of the season. They led 22 to 12 at halftime.
New York reports recall of clearing house certificates as a proposed solution to today’s financial emergency. From 1907 to 1908 such scrip, issued by bank groups, circulated for 22 weeks, aiding payrolls and transactions while bank reserves were safeguarded. The plan faced challenges making it national, but was tested during crises since 1873.
Banks favor a nationwide evolving plan for a uniform clearing house system. Certificates issued in one city could command different discounts or premiums in others due to varying confidence in bank assets across associations.
President Roosevelt issued a proclamation ordering an extraordinary session of the new Congress to convene at 12 o clock noon on March 9 1933 at the Capitol Washington. The document declares public interests require Congress to receive communications from the executive and to act as members thereafter. Framed under Franklin D Roosevelt and Cordell Hull the proclamation bears the Great Seal and date March 8 1933.
In Magistrate James Lillys court two trespassers faced fines they could not pay and were remanded to jail. Arrests were made by officers of the B. and O. police force.
Pruntytown high school hosts a PTA meeting Tuesday featuring A. H. Wilkins of Independence. He recently returned from a major hunt in Alaska and northern Canada, with microsopic screen images illustrating far northern life. The event follows reports of three deer hunters dying from heart attacks in Michigan this season.
President Roosevelt declares fear itself the enemy and urges candor in facing national hardship. He contends the nation must put people to work, reform banking, regulate credit, and revive the economy through federal action and international cooperation.
A speech outlines how unity, constitutional duty, and disciplined leadership can meet a national emergency. The speaker promises direct vigorous action, support for extraordinary measures within constitutional authority, and a strengthened executive role if Congress stalls, seeking a unified national life under God.
The Circuit Court held a brief session with Judge W Merle Watkins on the bench. Demurrers were overruled in Rosa B Poe vs Harrison Wolf and Karl Phillips vs Carl Dalton. Clarence Swisher vs Ella B Shaw required amendment to the writ. Roxie M Humphreys added as party to First Pearl Bank vs Bert W Perine et al. Court adjourned to Wednesday at 10:00 a.m.
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