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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 03, 1932
Page
1
The White House plans an early push to finalize a revenue bill trip with a target of raising over a billion. Officials indicate urgency as lawmakers prepare for a quick approval path and coordinated rollout.
Stanislaus Hausner of Newark departed Floyd Bennett Field at 8 46 a m to Warsaw for a nonstop flight. It was his second start on this route as the market showed brisk upward trend and ballots awaited in North Carolina.
Washington reports budget balancing tax plan projecting over 1.1 billion in revenue and 250 million in economy savings. Conferees worked long hours reconciling House and Senate tax provisions as lawmakers anticipate quick action to balance the budget. North Carolina anticipates a heavy primary with 32 Democratic names and 2 Republican names, polls opening at sunrise and closing at sunset.
Hausner reports trouble during flight across the Atlantic as the ship, lacking a wireless set, battles difficulties. A large security investing corporation forms in New York with $100,000,000 subscribed and plans initial bond market purchases, awaiting Congress budget balance action.
A Palo Alto writer critiques the Hoover era by referencing Herbert Fleischacker, a wealthy financier likened to J. P. Morgan and others. He quotes Fleischacker saying he sees no clarity on current matters or future events, contrasting with Democratic hopes.
Salvatore Spitale, linked by the Lindbergh kidnaping case, was rounded up in a Broadway raid at the Playtime club. Police seized liquor and a gun with a permit. he and six others were questioned for hours and booked on anti firearm charges. The Lindbergh connection was noted but the raid had no apparent link to the case.
HOLLYWOOD June 3 UP Ollie today held a youthful former motion picture worker for questioning in the extortion plot to kidnap Marlene Dietrichs daughter unless $20 000 was paid District Attorney Burton Fitts withheld the name of the youth who would be questioned over possible links to the armoredd extortion against Miss Dietrich Mrs Egon Muller and other film figures threats described as cheap lies Notes indicated another letter targeted Mrs Muller with a demand of 483 if not paid her five year old son would be kidnapped. Police trap failed to recover 17 of a prior 500 payment Mrs Muller had placed under a garbage can guards for parents including Ann Harding Harold Lloyd and Mary Pickford often pose as chauffeurs gardeners or butlers while protecting their families.
New York June 3. John McGraw resigns after 30 years as manager due to ill health. Bill Terry will take over as manager becoming the Giants first baseman. McGraw remains vice president and stockholder and will advise in business as well as baseball matters.
United States towns report thousands of veterans marching toward Washington to demand a cash payment of 2 billion dollars. In D C the army of occupation camps on the capital as police struggle to provide tents and food while Congress weighs the Payman bill.
Senator Bailey of North Carolina announced he would vote for a nationwide 10 percent cut in all civilian government salaries. He defended the plan in a Senate speech after citing a magazine article about reduced living costs.
Governor Roosevelt declares it is the duty of the legislative committee and its counsel to present evidence to proper authorities without waiting for a formal report. He cites Sheriff Farley as an example and criticizes political sniping while urging prompt action.
Polls open at 5 02 a m and close at 7 33 p m with Democratic nominations for governor United States senate and other key offices at stake Republican nominees unopposed in primaries and automatically nominated. Democratic contenders include Ehringhaus Fountain Maxwell Reynolds Grist and Simmons while Republicans field Newell and DePriest for the senate terms. Other state and local races include Guilford state senate candidates and house seats as well as judicial and township nominations.
The article lists candidates for the Democratic nomination for the Senate, including Senator Cameron Morrison of Charlotte and Tam C Bowie of.
The House Ways and Means Committee reports favorably the Garner relief program worth 2.3 billion dollars. Leaders call a caucus at 4 PM to decide action with Speaker Garner aiming to bring the measure to the floor Tuesday if the caucus approves. The plan adds a five day work week and James housing aid but cuts 33 river and harbor projects reducing the total by over 100 million.
A strong quake in Colima state killed eight people and injured 15 or more with widespread damage feared in Manzanillo. Aftershocks followed as communications faltered and reports spread to Oaxaca Guerrero and Guadalajara.
The Mobile and Ohio railroad was placed in receivership in federal court in St Louis on June 3. Ernest E Norris of St Louis was named receiver by Judge Charles B Faris.
Massachusetts towns bar William Allen the man who found the Lindbergh baby body from performing. Mayors Baker of Brockton and McGrath of Quincy denounce his planned appearances as contemptible commercialism.
Reports that banks would organize support for the bond market spurred cautious optimism as prices rose in active trading. Stocks closed mostly higher after intraday gains, with several preferred issues advancing. Notable closes include American Tobacco B at 49.87, Liggett and Myers BY 41.87, Corn Products 31, National Biscuit 31.25, US Steel 28.50 with a 2.25 intraday rise, and about 2 million shares traded.
Senator Tydings of Maryland moved an amendment to the economy bill to legalize and tax beer at 2.75 percent. The measure was advanced in the Senate today as part of broader fiscal discussions.
Gregory Mangin, the last American in the men's singles, was ousted in the quarterfinals by Henri Cochet of France. Cochet won 6-3 7-5 5-7 6-1 to advance, with Mangin exiting after a competitive fourth set.
The house foreign affairs committee endorsed drafting a resolution to back the world economic conference proposed by Great Britain and to present it to the house.
In Hawaii at Halemaumau crater William Nunes, 20, leaped with his rejected sweetheart Margaret Enos, 16, into the lava after kidnapping and wounding her sister. Their bodies lay side by side 800 feet below the crater rim as authorities ponder a perilous recovery amid sulphurous fumes.
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