Young Insull testifies on stock deals before Senate panel
Samuel Insull Jr testified that family members bought and traded Insull properties at half or less of market price. He said father sold shares at $12 when the Chicago market listed $30, revealing a system around Insull Utility Investments and related firms. Other names on the customers list included Owen D. Young Gerard Swope and South Trimble. The testimony came as the FTC expanded its long probe into Insull affairs.
MENTIONED IN THIS ARTICLE
Washington
Samuel Insull, Jr
Senate
Insull
Insull Utility Investments, Inc
Corporations Securies Company of
Chicago
Ingall
Greece
Federal Trade Commission
Carl H. DePue
le Ee
Commission Saeek
Tasull, Son & Co
Two men jailed as Denver kidnappers case quickens
Denver police announce arrests of W. M. Red Mitchell and George Zarlengo as 48 hour deadline nears for solving the Charles Boettcher kidnapping. Ben Mykasa and Frank J. Sullivan cleared of links. James Quigg Newton reports no ransom contact. attorney James Grant silent on talks.
MENTIONED IN THIS ARTICLE
Denver
Colo
Albert T. Clark
Charles Boettcher
Clark
Boettcher
W. M.red Mitchell
George Zarlengo
Ben Mykasa
Frank J. Sullivan
Chicago
William J. Armstrong
Gaid
James Quigg Newton
James Grant
North Carolina General Assembly Returns Bowie Murphy Wine Bill
The Bowie Murphy measure to legalize light wines and beers is sent back to Judiciary Committee No.1 for a hearing after a favorable House report. The assembly moved slowly, with a joint session hearing Lawrence Tibbet t, and Senate actions focused on other measures including marriage license reform.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina General Assembly
North Carolina
Congress
Judiciary Committee
Martin of Buncombe
House
Assembly
Lawrence Tibbett
Senate
Thompson
Columbus
Patton
Macon
General Assembly
Two Charged With Larceny Are Freed
Greensboro Feb 15 Paul Shay and Edyth Wilson were charged with larceny of $50 from J A Davidson of New York at a High Point furniture sale. They were freed in the criminal division of Superior court before Judge H Clements when Davidson failed to appear for trial. a not present with leave was entered.
MENTIONED IN THIS ARTICLE
Greensboro
Paul Shay
Edyth Wilson
J. A. Davidson
New Ys
High Point
Superior Court
H. Clement
Davidson
Bank President Victim of Burglary in Charlotte
Burglars stole from John M. Scott president of the Charlotte National Bank. The burglars took an 84 dollar amount from the home, prompting police to investigate the break in.
MENTIONED IN THIS ARTICLE
Charlotte
John M. Scott
Charlotte National Bank
Colombia Breaks Diplomatic Ties With Peru After Clash
Burlington February 15 AP reports Colombia cut diplomatic relations with Peru after a fight. A separate local item notes about 150 workers at Standard Hosiery Mill finishing department returned to work after a 10 percent wage cut. An agreement was reached with mill officials improving conditions for finishers and maintenance of overall mill operation.
MENTIONED IN THIS ARTICLE
Burlington
Peb
Here
John T. Shaffner
Peavyhouse Defends Conduct Amid Local Legal Tensions
Sheriff J M Peavyhouse of Fentress County denies threatening officials or residents as two Senetee corpus writs are dissolved. He says he will follow court orders and maintain peace while observers expected trouble from visiting newspaper staff. He clarifies he is the county’s chief law officer and has not threatened anyone.
MENTIONED IN THIS ARTICLE
Jamepstown
Tenn
North Carolina
J. M. Peavyhouse
Fentress County
Railroads face reform with consolidation urged by national committee
The national transportation committee report places responsibility for the rail system’s financial plight on railroad management and calls for consolidation to end wasteful competition. It argues regulation is overemphasized, urges freeing railways from unnecessary limits, and says even a small traffic gain could restore earnings.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
Associated Press
New York
America
National Transportation Committee
Colombia orders minister home severing ties with Peru
Colombia withdraws its ambassador to Peru and cuts diplomatic relations amid armed clashes over the Putumayo Tarapaca frontier. Both sides accuse the other of aggression as fighting continues on Brazilian border areas near Leticia and the Amazon river region. Brazil watches closely as flotillas move in the disputed zone.
MENTIONED IN THIS ARTICLE
Colombia
Peru
Putumayo
Tarapaca
Brazil
Amazon
Colombia Captures Tarapaca Amid Putumayo Clash
Colombian troops seized Tarapaca after driving out a Peruvian force along the Putumayo river, as hostilities with Peru widen following Peruvians bombing Cordoba near Leticia. Army reports indicate the capture secures Colombia control of the Putumayo region.
Railroads study report shapes early Roosevelt era policy
Washington February 15 The national transportation committee report on railroads draws interest in and out of Congress. Officials want full copies before comment, while noting overall alignment with leaders and Roosevelt views. Consolidation is underway. the ICC resists transcontinental lines and backs about 70 national systems with retained competition.
MENTIONED IN THIS ARTICLE
Washington
National Transportation Committee
Congress
Interstate Commerce Commission
Roosevelt
Reconstruction Corporation
City Plans Aggressive Push to Collect Past Due Assessments
City council orders definite action to collect delinquent street assessments utilities accounts and other city receivables. Ferdon Shaw and the note and bondholders committee press for faster collection before refinancing. About 2 000 uncontested suits and 50 contested cases are cited as targets with 77 employees owing 1015 96. A 30 day report is demanded.
MENTIONED IN THIS ARTICLE
Ferdon Shaw
John 8. Pickett
Finance Committee
Italth
Atdinomauw Oeacame TF Tanaa
Vy Almuirty Wivyte 5
Supreme Court
Jones
Michigan Bank Holiday Shows Small Withdrawals Soon
Michigan bank depositors faced the second day of a state holiday as the Detroit Fed and Clearing House lined up funds. About 40 million held today, with 25 million to be made available Thursday allowing withdrawals up to five percent for emergencies. Governor Comstock encouraged voluntary actions to permit routine needs and payroll cashing while a broader plan awaited.
MENTIONED IN THIS ARTICLE
Detroit
William A. Comstock
Michigan
Federal Reserve Bank of Detroit
Federal Reserve System
Chicago
New York
Detroit Clearing House Association
Comstock
Jardian Trust Company
Financial Diu
Detroit Misses Interest Payment Amid Bank Holiday
Detroit officials said the city technically defaulted on its interest due of 41 000 because the eight day bank holiday prevented fund withdrawals. They noted city deposits total about 9 000 000, but liquidity was blocked by the holiday.
MENTIONED IN THIS ARTICLE
Detroit
Palthough
Senate votes to take up repeal resolution
The Senate voted 58 to 13 to take up for consideration the Blaine resolution to repeal the 18th amendment. Supporters flag the move as a test of wet and dry strength while noting two thirds will be needed to submit the measure to the states for ratification.
MENTIONED IN THIS ARTICLE
Senate
Washington
Japan Ends Manchuria Talks as League Exit Looms
Tokyo announces cessation of negotiations with the League of Nations over Manchuria. A government decision to withdraw from the league is not expected for about a month. Stock markets in Tokyo Osaka and Nagoya close on warnings of anti Japanese sentiment and a 30 percent year to date decline. Leaders and ex premiers to be convened for consultation before final action.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
League of Nations
League
Foreign Office
Manchukuo
Manchuria
Hoover predicts GOP comeback in radio talk
Reader letter from Beverly Hills questions why presidents do not name rivals kindly. Hoover warns that Republicans are returning and muses on civil discourse between leaders.
MENTIONED IN THIS ARTICLE
Beverly Hiasa
Califf
Mr. Hoover
Sir Malcolm Campbell Fails To Break World Land Speed Mark
In Daytona Beach Florida Sir Malcolm Campbell aged 48 failed to raise his world land speed record of 258 miles an hour after five adjustments to his trim racing car.
MENTIONED IN THIS ARTICLE
Daytona Beach
Fla
Malcolm Campbell
Domestic Allotment Farm Relief Bill Moves to Senate Favorably
The agriculture committee reported the revised domestic allotment farm relief bill to the Senate by 11 to 4 after hearings. It limits coverage to wheat and cotton and drops acreage controls and pre war parity provisions, with major commodity eliminations including hogs tobacco rice peanuts and dairy.
MENTIONED IN THIS ARTICLE
Senate
Washington
Agriculture Committee
House
Bankhead
Ala
Farm Organization
Also Mentioned on This Page
Young Insull
Vattimitile
Peavyhouse
U.S
Bernard M. Baruch
Calvin Coolidge
Clark Howell
Alexander Legge
Alfred E. Smith
SY Associated Press
Bogota
Leticia
Cordoba
Noar Leticia
RAILS
Congress and Commerce Commission
John H. Mills
Ines
Mills
Inez
Law
Island
Council of Elders
Will Rogers
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