Calhoun To Head Statewide Bank
Election of N. S. Calhoun as president of the Guaranty bank was announced in Greensboro after a directors’ meeting. The new state bank will apply for Federal Reserve membership. a Charlotte hearing on a depositor injunction is expected next week.
MENTIONED IN THIS ARTICLE
Greensboro
Calhoun
Guaranty
Kenneth C. Royall
North Carolina Bank and Trust Company
Page Trust Company
Independence Trust Company
Federal Reserve System
The
Guaranty Bank
N. 8. Calhoun
John Berry
J. H. McEwen
Burlington
N. L. Foy
Wilmington
Raleigh
Goldsboro
J. Gibson
Hamlet
W. A. Watson
Charlotte
W. F. Harding
Carrie McLean
Reconstruction Finance Corporation
North Carolina Bank
Ing Bank
Wachovia Bank and Trust Company
Winston-Salem
Maysville
Bank of Mayeville
Aberdeen
Independence Trust
Mons of
Earhart Sets New Transcontinental Flight Record
Amelia Earhart completes a new woman transcontinental flight record landing at 8 19 p m local time after 17 hours 7 5 minutes from Los Angeles. Previous best was 19 hours 4 minutes.
MENTIONED IN THIS ARTICLE
Newark
WN. d
Amelia Earhart Putnam
Roosevelt backs repeal as Southern states vote on 18th
President Roosevelt endorsed Democratic repeal of the 18th Amendment in a telegram to Alabama Democrat Leon McCord and reiterated 100 percent support for the party platform. Alabama Arkansas and Tennessee vote on repeal this month with Farley set to address Memphis July 15, transmitting to Alabama and Arkansas gatherings as the drive expands into the South.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Tennessee
Arkansas
Kentucky
Alabama
Leon McCord
Congress
Franklin D. Roosevelt
Chicago
Farley
South
Memphis
Prohibition Debate Spurs NC Democrats For Repeal
Senator Robert R. Reynolds addressed the North Carolina Young Democrats at Wrightsville Beach urging repeal of the 18th Amendment. He argued prohibition failed, flooded liquor outlets, and that repeal would shift revenue from gangsters to government while preserving temperance.
MENTIONED IN THIS ARTICLE
Wrightsville Beach
North Carolina
Robert R. Reynolds
High Point
Thomas A. Banks
Raleigh
Guilford County
Ney Evans
BE. C. York
Lee County
United Repeal Council
J. C. B. Ehringhaus
Reynolds
C. Max Gard
National Party
Anti- Saloon League
Democratic Party
Rey
Petition Seeks Recall of Backers of Hackney City Manager
In Asheville on July 8 petitions circulated seeking recall of four city council members who supported naming George L. Hackney a Lexington furniture maker as Asheville city manager. BE Macon led advocates of good government and declined to name all petition organizers. The group targets council members who backed a non resident candidate, including Charles Crow and others.
MENTIONED IN THIS ARTICLE
Asheville
George L. Hackney
Lexington Furniture
BE. C. Macon
Macon
Charles F. Crow
Crow
Joseph W. Little
A. C. Avery
John E. Baumberhome
Henderson
Hosiery Manufacturers Co-operating With Administration
The High Point hosiery industry announces full cooperation with the National Recovery Act code. The High Point Hosiery Manufacturers state they will abide by wage and other code provisions once adopted and approved, aiming to support government efforts and avoid obstructing the President’s drive for quick business improvement.
MENTIONED IN THIS ARTICLE
High Point
Bank Robbers Tie Up Corn Exchange Bank for $23838
Five bandits in a police uniform robbed a Corn Exchange Bank and Trust branch in New York netting $23838 after delaying for vault access. They blindfolded and bound twelve clerks, tossed cash into bags, and escaped in a waiting car on Broadway.
MENTIONED IN THIS ARTICLE
New York
Corn Exchange Bank and Trust Company
Miller
110Th Street
Broadway
Recovery Administration Denies Unionizing Role Under Codes
The Recovery Administration stated it will not act to unionize labor in any industry. Officials noted the textile code would reach the President next week after slow reviews by Hugh Johnson. Non unionized sectors like steel and autos fear the act while codes for auto steel and coal are eagerly awaited.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Hugh
Johnson
Steel
Hull Seeks To Rally Conference Forces For New Problems
Cordell Hull urges fresh resolution at the World Economic Conference to surmount immediate obstacles and regain cooperation with France and the gold bloc. He backs price-raising plans for international recovery while awaiting clearer instructions from President Roosevelt.
MENTIONED IN THIS ARTICLE
HULL
F. G. Vosburgh
Associated Press
London
Cordell Hull
France
Roosevelt
Hall
United States
Washington
Diocese Boundary Changes Studied at Kanuga Lake
Three committees from Western and Eastern North Carolina dioceses will meet at Kanuga Lake July 27 to study possible rearrangement of diocesan boundaries. The conference is advisory and will prepare a report for consideration by authorities.
MENTIONED IN THIS ARTICLE
Asheville
Episcopal Church
North Carolina
Kanaga Lake
Floyd Rogers
Grouses
President Urges Acreage Slashes By Cotton Growers
President Roosevelt a cotton grower calls on 2,000,000 cotton producers to join the acreage reduction program next week to curb surplus and lift long-range prices. He says current prices are absurdly low and emphasizes the campaign as the first major response to the agricultural mood while secretary Wallace reports strong farmer support.
MENTIONED IN THIS ARTICLE
Washington
Wallace
Wal
George N. 7
Crop Reporting Board
Roosevelt
Warm Springs
Georgia
Six central banks form gold bloc to defend gold standard
In Paris six central banks Italy Belgium Poland Holland Switzerland join France to pool gold for currency defense. The pact aims to maintain parity and fight speculators with a secret common fund, while noting possible dropouts if months pass. Germany Czechoslovakia and Danzig may join soon.
MENTIONED IN THIS ARTICLE
Paris
Italy
Belgium
Poland
Holland
Switzerland
Bank of France
Also Mentioned on This Page
May Thompson Evans
Young Democrats
W. Joynes Macfarlane
New Financial Institution
Reykjavik
Iceland
Italo Balbo
Cartwright
Labrador
Alice
Tex
John
Jake the Barber
Here
Lieut
Lee Miller
Texas State Highway Patrol
Ramagyperamie
Colorado
Kansas City
Mildred Wright
Warrensburg
Missouri River
Porter
Him
George Smith
Paul Miller
Recovery Administration
By James Cope
Germany
Czechoslovakia
Free City of
Danzig
Bank For International Settler Directors
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