Roosevelt seeks farm debt relief and mortgage refinancing
President Roosevelt sent a refinancing bill to Congress to ease farm indebtedness. The Senate agriculture committee approved the price-raising bill with amendments and plans to attach the mortgage measure for quick action. The package includes a 60 million treasury appropriation, 2 billion in farm mortgage bonds, and 70 percent loan-to-value with lower interest to aid wheat cotton corn hogs rice tobacco and dairy producers. Cattle and sheep are excluded.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Senate
Congress
Senate Agriculture Committee
House
Secretary of Agriculture
Simpson
Robinson
Banking Committee
Agriculture Committee
Treasury
Federal Farm Credits Agency
Commercial Bank Receiver Sues Former Directors for 1 077 810 01
John D. Biggs as receiver for the Commercial National Bank seeks 1 077 810 01 in a federal case filed in Greensboro. He alleges a total unresolved deficit of 1 784 052 84 after liquidation due to omissions and neglect by listed directors, citing improper dividends and loans.
MENTIONED IN THIS ARTICLE
Commercial National Bank
Greensboro
John D. Biggs
Federal Reserve
R. R. Ragan
D. A. Stanton
Dred Peacock
Fred N. Tate
Frank Wineskie
G. H. Kearns
D. F. Tomlinson
A. E. Tate
Joseph D. Cox
W. A. J. Idol
H. Tomlinson
Picket
Carter Dalton
Parker
E. D. Pitcher
R. H. Walker
H. W. T. Powell
W. H. Slane
Durland
J. Welch Harriss
Bertha E. Cox
J. Elwood Cox
Margaret Hauser
T. A
C. M
Senate panel moves to curb loans to defaulting nations
Washington Apr 3 Congress considers a bill barring American loans to nations in default on government or public obligations. The judiciary committee tentatively approved the measure as the house weighed rules for privileged status on the McReynolds arms embargo resolution. In New Hampshire a betting law for horse racing became effective by inaction from Gov Winant. Ocracoke note reports Captain O Neal aged 67 dies at his home. Boston item notes 5000 jobless men queue to enlist for Roosevelt forest program.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
United States
House Rules Committee
Concord
N. H
New Hampshire
John G. Winant
Trumbell’s Widow Notified of Washington Resident’s Death
Raleigh bulletin states the heir of Mack M. Trumbell, North Carolina highway engineer for 12 years, resides in Washington at 1822 Kalarama Road. The cestees of Trumbell were informed Apr 8 in the capital city.
MENTIONED IN THIS ARTICLE
Raleigh
Washington, D. C
Mack M. Trumbell
North Carolina
Mr. Trumbell
Kalarama Road
Washington
Presidential nomination for acting postmaster in Raleigh
The president named Con L. Shwilimnen as acting postmaster in Raleigh North Carolina. The move creates a temporary leadership transition at the Raleigh post office pending further actions.
MENTIONED IN THIS ARTICLE
Vaeeeeres
Boe
Oe -Presiden
Con L. Sh,wilimnen
Raleigh, N. C
Senate blocks Fletcher bank investigation resolution
Senator McNary, Republican leader, blocked immediate consideration of the Fletcher resolution authorizing a broad inquiry into private banking in the Senate today. The move halted a procedural step toward a formal investigation of banking practices.
MENTIONED IN THIS ARTICLE
Washington
Apr
Senate
McNary
Roosevelt Nominates Welles for Assistant Secretary of State
President Roosevelt names Sumner Welles of Maryland as assistant secretary of state and Claude G. Bowers of New York as ambassador to Spain.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Sumner Welles
Maryland
Claude G. Bowers
New York
Spain
Gold Deposits Increase in Denver Mint March
Denver April 3 Frank E Shepard superintendent of the Denver mint announced deposits of gold in March increased by 337661 dollars and 23 cents compared with March of last year.
MENTIONED IN THIS ARTICLE
Denver
Frank E. Shepard
Denver Mint
Veterans Pensions Cut Under White House Order
Washington April 3 Veterans administration officials said two pensions will be cut 10 percent after July 1 under a $400 million savings plan. Civil war veterans disabled needing assistance and widows of Indian war veterans lose $160 and $30 monthly respectively. Other benefits for Spanish American and World War widows remain with service connection presumptions, though challenged.
MENTIONED IN THIS ARTICLE
Washington
Veterans Administration
Veterans’ Administration
France Rejects Four-Power Directorate in Peace Plan
Paris reports that France will not approve Mussolini’s four power directive for the European peace pact. A cabinet memo aims to address Britain and Italy proposals while seeking broader consultation with other nations.
MENTIONED IN THIS ARTICLE
Paris
Big Four
Mussolini
Italy
Great Britain
France
Germany
Hitler
Reynolds Trust Under Litigation Faces Null and Void Claim
Cabarrus Bank and Trust Co co guardians of Anne Cannon Reynolds AI infant daughter of the late Smith Reynolds and Anne Reynolds Smith ask North Carolina superior court for guidance on declaring a $500000 trust fund created for the child null and void. The petition cites related Maryland litigation and seeks permission to move in Forsyth County to void the contract. Mrs Cannon declined to join the suit. court orders her to appear April 14 to show cause.
MENTIONED IN THIS ARTICLE
Concord
N. C
Cabarrus Bank and Trust Company
Anne Cannon Reynolds
Smith Reynolds
Anne Cannon Reynolds Smith
North Carolina Superior Court
Trust Company
Safe and Deposit Company
Baltimore
R. J. Reynolds
Smith
Winston-Salem
Reno
Nev
Maryland
Annie L. Cannon
Forsyth
Winston- Salem
Court Terms Ordered for May Sessions in Elizabeth City and Dur
Judge J. M. Meekins announced two court terms. A civil term starts May 22 at Elizabeth City, and a two week criminal term begins May 24 at Dur.
MENTIONED IN THIS ARTICLE
J. M. Meekins
Elizabeth City
Dur
North Carolina Lawmakers Clash Over Beer and Budget
Raleigh reports lawmakers near final form on appropriations and revenue as the beer bill returns to debate. Conferees eye a compromise tonight or tomorrow after three months of work while the six vs eight month school term dispute looms and the general sales tax percentage to balance the budget awaits final action.
MENTIONED IN THIS ARTICLE
Raleigh
Beer and Money
North Carolina
Appropriations
House
Senate
Benermanere Sehone
Beer
Economy Bloc
Bowle of Ashe
Senate Revenue Group
Rainey Secrecy Fades As February R F C Report Released
Washington April 3 The Reconstruction Finance Corporation publicly released February loan totals totaling 262 346 044 with 166 645 901 to financial institutions 48 202 771 to state relief 24 859 372 for self liquidating projects and 16 500 090 to crop production loans among others The agriculture secretary asked 80 million of 90 million authorized for the new crop year and funds will be advanced as required by the secretary and the corporation’s aid
MENTIONED IN THIS ARTICLE
Washington
Rainey
Garner
Reconstruction Corporation
Congress
Secretary of Agriculture
Tock
Roosevelt Says No Ban on Legalized Beer at White House
Eleanor Roosevelt states there will be no prohibition on serving beer in the White House if it becomes legal nationwide. She cites temperance goals, bootlegging concerns, and personal limits while asserting respect for law and individual choice.
MENTIONED IN THIS ARTICLE
Washington
Franklin D. Roosevelt
White House
Mrs. Roosevelt
Eleanor Roosevel
Durham man condemned to death in Tilley murder
Clyde Ferrell was sentenced to death for the March 2 murder of Thaddeus Tilley during a Durham filling station holdup. The court reported Ferrell showed no visible emotion as the verdict was read.
MENTIONED IN THIS ARTICLE
Durham
Clyde Ferrell
Thaddeus Tilley
Durham County
Here
Walter Lippmann Praises National Unity Amid Prosperity
In Santa Monica on April 2 Walter Lippmann, noted Democrat turned fair observer, urged unity across parties during a period of prosperity. He suggested Republicans once ignored his counsel but now listen as he predicts America will stay on the gold and stay on its feet.
MENTIONED IN THIS ARTICLE
Santa Monica
Cal
Walter Lippman
Repub
America
Connery thirty-hour work week bill approved
The House labor committee unanimously approved a Connery thirty hour work week bill in Washington. It would bar interstate and foreign shipments of goods produced by labor exceeding five six hour days weekly for two years. An amendment allows exemptions for perishable canning and packing with secretary of labor authority to grant waivers.
MENTIONED IN THIS ARTICLE
Washington
Connery
House Labor Committee
Senate Labor Committee
House Committee
Senate
Secretary of Labor
Elizabeth City Bank Resumes Unrestricted Operations
Elizabeth City Bank received authorization from the Federal Reserve Bank to end banking holidays and resume full operations today. The license allows the Bank of Elizabeth City to operate without restrictions starting this afternoon.
MENTIONED IN THIS ARTICLE
Elizabeth City
Bank of
Federal Reserve Bank
Slayers Sought For Two Crimes In Charlotte
Charlotte April 3 police widen the probe into Theo Karavos cafe slaying and link to the earlier John W Brown street car murder. Karavos died from a .38 caliber shot as he crouched behind a counter. a .45 caliber bullet was found in the cafe wall. Police consider possible common assailants in both shootings.
MENTIONED IN THIS ARTICLE
Charlotte
Theo
J. Karavos
John W. Brown
Karavos
Brown
Germany tightens exile ban forcing Jews to remain
Berlin announces midnight start for passport restrictions, barring Jews from leaving Germany. East Prussia Jews lose papers, Dresden police halt an exodus toward Czechoslovakia, money seized, many Jews expelled from business, medicine, law, and teaching. News notes boycott fading, antisemitic actions spread across Silesia and Bavaria with store bans and storefront picketing.
MENTIONED IN THIS ARTICLE
Berlin
Koenigsberg
East Prussia
Taegliche Rundschau
Dresden
Czechoslovakia
Germany
Silesia
Switzerland
Denmark
Vienna
Warsaw
Goerlitz
Silesian
Bavaria
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Canada
Neodesha
Kas
Commercial Bank
Iley
Eien A
Ocracoke
Thomas M. O'Neal
Boston
Federal
England
Reynolds’ Trust
Money
Yours
Elizabeth City Bank