Roosevelt Note Signals Conditional War Debt Installment Plan
The United States hints it will accept a 10 percent debt installment only as part of the $75,950,000 due, with explicit understanding that the payment is an installment and does not waive the remainder. Roosevelt supervises the note to Britain via the British embassy. Hull’s World Economic Conference speech is noted for its silence on debt.
MENTIONED IN THIS ARTICLE
Washington
Great Britain
London
Roosevelt
H. W. A. Freese-Pennefather
William Phillips
Department of State
Ths
America
Hull
Prime Minister Leads Off with Silent Debt Jibe
Beverly Hills bulletin recalls a 1920s exchange aboard a voyage to Lisbon where Rameau MacDonald mocked debt mentions during a conference, joking he would not discuss debts except for casual lines about nonpayment. The remark underscores tensions over past financial moves and gold standards.
MENTIONED IN THIS ARTICLE
Beverly Hila
Cal
Rameau MacDonald
Severe Crop Losses From Heat and Drought
The Weather Bureau reports severe damage to crops especially wheat and small grains from hot dry weather in the past week. Many locales in the middle west and spring wheat belt need rain as soil moisture wanes. Some relief came to the South Atlantic and gulf regions, but a general rain is still needed from southern Virginia southward. Kansas suffered further winter crop losses due to the drought and heat.
MENTIONED IN THIS ARTICLE
Washington
Weather Bureau
Middle West
Spring Wheat Belt
South Atlantic
Gulf Area
Virginia
Mississippi
Kansas
Page Trust electors named as bank reorganization proceeds
Gurney P Hood reports 70 Page and North Carolina Bank and Trust depositors names electors for a plan to merge Page North Carolina Bank and Trust Independence Trust into a statewide entity. Each group selects five electors and will form liquidating and stockholder delegations with representatives.
MENTIONED IN THIS ARTICLE
Raleigh
Gurney P. Hood
Page Trust Company
Page
North Carolina Bank and Trust Company
Independence Trust Company of
Charlotte
Hood
Tony
North Carolina
North Carolina Bank
Independence Depositors
Aberdeen
A. H. Melhod
F. D. Shamburger
L. T
M. E. Street
Martin McLeod
H. Miller
H. B. Shields
Hamlet
C. EB. Coggins
M. M. Jordan
J. P. Gibbons
T. A. Norris
H. B. Ingram
Liberty
Troy Smith
Cyrus Shofner
C. L. Bray
Kk. Smith
W. H. Albright
Raeford
Carl Freeman
A. L
Plan to retire 10 million cotton acres proposed
Washington June 14. State agricultural commissioners after a conference submitted a plan to retire at least ten million cotton acres and oppose a processing tax. The plan would lease land to the government at six dollars per acre with alternatives including purchase options on government cotton and rental terms for nonoption owners. Georgia official G C Adams predicted a likely plan allowing leases on thirty percent of acreage at ten dollars per acre or six dollars with an option on government cotton, aimed at selling two and a half million bales held by the government. No compulsion, discretion left to growers. Georgia and some southern states might not reduce pre war acreages.
MENTIONED IN THIS ARTICLE
Washington
Commissioners of Agriculture of
White House
Wallace
G. C. Adams
Georgia
Mississippi
Meat Salesman Struck and Robbed in Wilmington
Harry C. Craft a Wilmington meat salesman was sandbagged and robbed of several hundred dollars as he left his office to deposit funds. He was found two hours later revived but unable to identify the assailant. authorities had no clues.
MENTIONED IN THIS ARTICLE
Wilmington
Craft
Glass Bank Reform Act reshapes American finance
The Glass bank reform act, praised by President Roosevelt, aims to end private bank deposits and force national banks to separate from securities firms within a year. It empowers the Federal Reserve to curb credit, bar interest on checking, and require directors to quit bank boards. The measure broadens insured deposits and pushes state banks toward tighter federal oversight.
MENTIONED IN THIS ARTICLE
Glass’ Bank
Washington
Carter Glass
Congress
Roosevelt
Reserve Board
J. P. Morgan and Company
National City Bank of New York
National City Company
Senate
Federal Reserve System
Senate Approves Pension Amendment for Spanish American Vets
The Senate adopted a Roosevelt proposed amendment to the House veterans relief plan. It would grant pensions of at least 15 dollars monthly to Spanish American War veterans 55 or older or 50 percent disabled, signaling a clash with Senate economy law changes.
MENTIONED IN THIS ARTICLE
Senate
Washington
House
House Administration Veterans Relief
Roosevelt
Sena
Tor Byrnes
D.-S.c
Byrnes
Short Talks on Advertising Honesty in Modern Business
This piece argues honesty remains central to advertising and business ethics. It traces a shift from sensational claims to truth in advertising, noting laws, codes, and groups promoting truthful ads, and强调 public trust as essential to advertising’s effectiveness and reputation.
MENTIONED IN THIS ARTICLE
Falal
Advertising Federation of America
Associated Advertising Clubs
Dunlap Named Successor To Henry Burke
Frank L. Dunlap of Wadesboro was named assistant director of the state budget bureau by Gov. Ehringhaus to replace Henry Burke who resigns. Dunlap, ex state senator, was personnel officer in 1931 and served until the 1933 merger with the budget bureau. Burke will retire July 1 after eight years in state service.
MENTIONED IN THIS ARTICLE
Raleigh
Frank L. Dunlap
Wadesboro
State Budget Bureau
J. C. B. Ehringhaus
Henry Burke
Dunlap
C. Max Gardner
Budget Bureau
Ehringhaus
C. EK. Bracy
Pembroke
A. Y. Paul
Roy Tyner
John R. Lowry
A. M. Breece
Burke
A. W. McLean
Big Chiefs to Meet in Rome in Four Power Talks
London reports a planned late June gathering of Premier Mussolini Premier Deladier Chancellor Hitler and Prime Minister MacDonald in Rome amid efforts to launch a four power pact for European peace. Savich, Italian under secretary for foreign affairs, met the French premier to discuss the plan. The Rome talks may precede the Geneva disarmament debate resuming July 3.
MENTIONED IN THIS ARTICLE
London
Mussolini
Deladier
Hitler
MacDonald
Rome
Fulvio Savich
Four Power Pact Initiated by Mussolini Governments
The four power agreement among Britain France Italy and Germany is under way and aims at common European peace policies. Spearheaded by Premier Mussolini it reflects the interest of the involved governments in coordinating actions.
MENTIONED IN THIS ARTICLE
Britain
France
Italy
Germany
Mussolini
First Bale of U S 1933 Cotton Sold in Houston
The first bale of the United States 1933 cotton crop sold for 4150 to the Houston cotton exchange. It was grown by Teofilo Gardia in the lower Rio Grande valley.
MENTIONED IN THIS ARTICLE
Houston
Tex
United States
Houston Cotton Exchange
Teofilo Gardia
Rio Grande Valley
Railroads Seek Further Wage Cut Across Major Unions
New York June 14 Dow Jones reports railroads plan an additional 12 1 2 percent wage cut to be sent to four principal brotherhoods engineers firemen trainmen and conductors. The move adds to the 10 percent reduction now in effect. Cleveland June 14 David B Robertson head of the Brotherhood of locomotive Firemen and Enginemen says no further reduction can be justified and his union would refuse any additional wage cuts.
MENTIONED IN THIS ARTICLE
New York
Dow, Jones and Co
Cleveland
David B. Robertson
The
Brotherhood of Locomotive Firemen and Enginemen
Charlotte Grocers Fight Tax Challenge in Court
The Charlotte Retail Grocers Association moves to block North Carolina’s new sales tax law as unconstitutional. Basil M. Boyd, the group’s attorney and state legislator, aims to obtain a restraining order before the tax takes effect July 1, unsure if the case starts in state or federal court.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Charlotte Retail Grocers Association
Basil M. Boyd
Boyd
General Assembly
Rhododendron Festival Opens With Grand Asheville Parade
The Rhododendron festival in Asheville opened with a mile-long parade through downtown. Southern sponsors and various government representatives participated, showcasing floats, bands, and a parade of more than 300 musicians. Robert Kenley Richbourg and Miss Martha Morrison led as king and queen of the fete. The event runs through Friday and features greyhound races, a first for this area.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina
Robert Kenley Richbourg
Mies Martha Morrison
Maxwell to Spark Winston-Salem Speech on Sales Tax
June 14 report says PA. J. Maxwell state revenue commissioner will address the State Merchants Association convention in Winston-Salem June 27. He will explain the operation of the state's new sales tax effective July 1.
MENTIONED IN THIS ARTICLE
Maxwell
Winston-Salem
PA. J. Maxwell
State Merchants Association
Hull urges unity at World Economic Conference on trade barriers
Secretary Cordell Hull addresses the World Economic Conference urging all nations to join a tariff truce and curb economic nationalism. He calls for removing excess trade barriers, defining a permanent monetary standard, and easing foreign exchange restrictions, while offering no concrete American proposals.
MENTIONED IN THIS ARTICLE
London
Cordell Hull
Hull
America
France
Italy
Britain
Japan
Mr. Hull
Ramsay MacDonald
Midnight Cabinet Session Drives New Industrial Recovery Plan
President Roosevelt ordered immediate action on the industrial recovery program. Cabinet aides, led by General Hugh Johnson, outline codes and a public works push with over three and a half billion dollars to create jobs and curb overproduction while suspending anti trust rules.
MENTIONED IN THIS ARTICLE
Washington
White House
Roosevelt
Hugh Johnson
Congress
Coul
Prise
Roper
Ickes
Interior
Wallace
Agriculture
Perkine
Johnson
Also Mentioned on This Page
Emsonter
Ura
Czechoslovakia
Richard L. Turner
Associated Press
Evillers
N. C. Bank & Trust Company
New Bank
Sharp
Aes
Mor
King George V
Enterprise
Bureau of Research and Education Advertising Federation OF America
Bureau of Research and Duration
Advertising of America
Ite
Daladier
Charlotte Grocers
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