Cuba Names Hevia President as Junta Fails to Resolve
Carlos Hevia was named Cuba’s president by the revolutionary junta after Gran San Martin resigned. Mendieta supported Hevia, but the junta remained deadlocked. Troops and sandbag barriers filled the palace area as the nation faced a disputed leadership transition. Secretary Guiteras was denied access to a tense Columbia meeting.
MENTIONED IN THIS ARTICLE
Havana
Carlos Hevia
Cuba
Gran San Martin
Carlos Mendieta
Mendieta
Hevia
Camp Columbia
Presidential
Naval Headquarters
United Naval Academy
Annapois
Gerardo Machado
Gibara
Oriente
Machado
United States
New York
Carlos Manuel de Cespedes
Antonio Guiteras
Columbia
President Seeks Two Billion Fund to Buy Gold for Currency Reform
President Roosevelt proposes government ownership of monetary gold and a 2 billion dollar stabilization fund. He asks Congress for authority to devalue the dollar to 50–60 percent of its current gold content and to trade in gold, foreign exchange, and securities to stabilize the currency and pay off national debts.
Earthquake Shakes Calcutta for Three Minutes
An intense earthquake lasting about three minutes struck Calcutta today at 2 45 p m local time causing no serious damage. The tremor was felt strongly across the city, with residents noting tables and objects swaying as windows rattled. Authorities reported no casualties and began inspections of public buildings.
MENTIONED IN THIS ARTICLE
Calcutta
India
Government offers 34.06 per ounce gold price signal
The AP reports in Washington on January 15 that the government again proposes 34.06 dollars per ounce for domestic gold. The move suggests ongoing dollar devaluation may near the 60 cent level.
MENTIONED IN THIS ARTICLE
Washington
Navy 110-ship fleet moves Atlantic waters under schedule
General plans for the fleet movement in Atlantic waters this summer were laid out by Admiral David F. Sellers. The armada of 110 vessels and 200 aircraft departs April 9 from San Pedro and is due in New York June 1 for Roosevelt review before sailing toward the Caribbean and Guantanamo. Seminar and war game dates span April through July with drills from May 5 to 10 and a June 18 dispersal from New York to Bar Harbor and St. Augustine.
MENTIONED IN THIS ARTICLE
San Pedro
Calif
Atlantic
David F. Sellers
United States Navy
Roosevelt
New York
Anchorage
North River
Panama
Macon
Sunnyvale
Caribbean Sea
Guantanamo
Norfolk-Philadelphia-Lakehurst
Bar Harbor
St. Augustine
Fla
Final Rites Held For Julian Fouts
Julian Fouts, 68, died at his home near Thomasville after a brief illness. He is survived by his son Grant Fouts. his wife died five years ago. He lived most of his life in the same community. Funeral services were held at Fairview Church with Rev. John Cline officiating.
MENTIONED IN THIS ARTICLE
Thomasville
Julian Fouts
Grant Fouts
Fairview Church
John Cline
U S LANDS SAILORS IN CHINA TO PROTECT AMERICANS
United States sailors landed at Foochow China to guard Americans amid disorders during the evacuation of the rebel capital. The Tulsa gunboat and British and Japanese forces provided protection as nationalist and rebel factions clashed, with negotiations under way to curb violence and move rebel troops southward.
MENTIONED IN THIS ARTICLE
Foochow
China
United States
19Th Route
Gordon Burke
Tulsa
Foofom
Fukien
On Shao-Kwan
Berwick
Hong Kong
Tsai Ting-Kai
19Th Route Army
Chen
Tsai
Treasury Sets Domestic Gold Price at 34.45 and Hurdle for Hoarders
Secretary Morgenthau announced a January 16 start for a 34.45 per ounce price on newly mined domestic gold with 0.25 percent handling, and a Wednesday night deadline for individuals to deliver gold to the treasury. RFC purchases abroad total about 97 million dollars, with 40 million since January 1.
MENTIONED IN THIS ARTICLE
Washington
Morgenthau
Treasury
United States
Federal Reserve Banks
RFC
RFC announces gold purchases reach 97 million in foreign market
The Reconstruction Finance Corporation has bought about 97 million dollars in foreign gold and expanded its gold fund to 150 million dollars with only about 25 million left unspent. Chairman Jesse H. Jones said domestic and foreign gold purchases near 120 million, with 681 374 ounces held and 22 898 735 dollars in debentures due February 1. He noted devaluation could yield a profit and that the RFC can sell gold abroad if needed.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Corporation
Jesse H. Jones
Jones
RFC
Mrs. Cole L. Blease Dies After Ill Health
Mrs. Cole L. Blease wife of former South Carolina senator and governor died at the Blease home in Columbia after months of serious illness. She passed away at 10 a m yesterday following a long illness.
MENTIONED IN THIS ARTICLE
Columbia
S. C
Cole L. Blease
Rebels flee as nationalist forces press toward Foochow
In the Min river valley area north and northwest of Foochow rebel leaders fled except General Tsai. Nationalist armies push southward. About 145 Americans lived in Foochow when hostilities began, with many leaving the city while others sought refuge there and nearby areas.
MENTIONED IN THIS ARTICLE
Min River Valley
Foochow
Tsai
Sprague Attacks U S Currency Policy In Congressional Hearing
Dr. O M Sprague told the House coinage committee that no country devalues its currency like the United States and warned a devaluation would yield a windfall of several billion dollars to the government. He, a former treasury adviser who resigned over Roosevelt policies, noted relief expenditures would hinge on how that windfall is spent.
MENTIONED IN THIS ARTICLE
Washington
Coogress
Roosevelt
M. W. Sprague
House
United States
Treasury
Nine Foreigners and Twenty Russians Arrested in Soviet Espionage Case
Moscow reports a broad spy case with nine foreigners and twenty Russians detained under economic espionage charges. The Controll company tied to export cargo certification is central, with Austrian Weinzettl brothers and Belgian manager linked to most detainees. The arrests occurred 1933, ongoing secrecy, and case to be reviewed for trial.
MENTIONED IN THIS ARTICLE
Moscow
Metropolitan-Vickers
Germany
Austria
Denmark
Centrals Company
Societe Des Surveillances, Limited
Geneva
Josef and
Karl Weinterettl
Gen
Eral
Silvan Bernhardt
Belgium
Nicolaev
Black Sea
Weinzettls
Emil Fleischle
Herbert Rhoden
Wilhelm Larsen
Archangel
Richard Kirschal
Victor Wiermann
Heinrich Karl
Controll Company
Russia
County Officials Warn Against Accepting Scrip In Trade
County commissioners warned merchants to halt acceptance of counterfeit five dollar notes modeled after last Augusts county scrip. Officials disclosed the new issue this afternoon and urged vigilance to curb circulation.
Roosevelt urges new legislation on monetary gold reserves
President Roosevelt asks Congress for additional measures to stabilize the dollar, establish permanent metallic reserves, and formalize government ownership of monetary gold. He outlines a plan to vest title to all monetary gold in the United States, issue gold certificates, and set a 60 percent upper limit on revaluation, with expanded foreign exchange powers for the Treasury.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
London
Federal Reserve Banks
United States
Secretary of the Treasury
Protracted Indian quake claims many lives
Calcutta dispatch reports a protracted earthquake across India killing at least 21 people and injuring many. The Jamalpur railway station collapsed killing the wife and children of G W Brown, British manager of the railway workshop, and the wife of the Indian district medical officer. Eight killed at Patna and nine at Gaya.
MENTIONED IN THIS ARTICLE
Calcutta
All India
G. W. Brown
Jamalpur
Patna
Gaya
Witt Rogers on liquor tax timing and war predictions
Beverly Hills writer Witt Rogers laments liquor tax timing from 1019 to 1983 while comparing a Death Valley prospector to a liquor salesman. He notes a Japanese admiral declaring war to spur publicity but argues no real war is likely as predictions fail.
MENTIONED IN THIS ARTICLE
Beverly Hills
Death Valley
Hat
America
Also Mentioned on This Page
Carlos Revia
Junta
U. K
U. S. Military Academy
Martin
Havan
Phillips
Jefferson Caffery
Cuban Electric Company
Aieeran
Eee
Federal Reserve Bank
Federal Reserve System
France
NAVY
Pacific
U. S
Mrs. Cole L. Blease
Sprague
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