Congress moves to reopen sound banks and expand currency
Congress acts on Roosevelt call to reopen sound banks and authorize large currency expansion. The bill would allow government conservators for banks not proven sound and permit new currency backed by government bonds while pursuing swift passage in a tense extra session. The House and Senate work behind closed doors as leaders push to penalize hoarding and stabilize the financial system.
MENTIONED IN THIS ARTICLE
Washington
Mar
Congress
Roosevelt
Senate
House
Robinson
D., Ark
Seventy-Third Congress
Zangara pleads guilty in Cermak murder case
Giuseppe Zangara today pleaded guilty to charges of murdering Chicago Mayor Anton Cermak during the attempted assassination of President Roosevelt on February 15 in Miami. Prosecutors plan to drop a second count of premeditated murder as Zangara faces prior sentences for the attempted murder of Roosevelt and others.
MENTIONED IN THIS ARTICLE
Zangara
Congress
Miami
Fia
Giuseppe Zangara
Anton J. Cermak
Chicago
Roosevelt
Louis F. Twyman
W. Vernon Hawthorne
Twyman
Cermak J
Cermak
Tom Armour
Thompson
Filorida” Taw
Armour
Bay Front Park
Dixie Herlong
Concentration Of Gold In Reserve Banks Urged In New Banking Measure
President Roosevelt submits a banking bill to Congress to seal the currency expansion and banking restart. It ratifies executive orders and concentrates gold in Federal Reserve banks, penalizes hoarding, and sets rules for member banks to exchange gold for coin or currency. Senator Glass introduces the bill with backing from Senator Robinson, aiming for quick committee action and House passage.
MENTIONED IN THIS ARTICLE
Washington, Mar
Roosevelt
Congress
Federal Reserve
Glass
Robinson
Arkansas
Senate
House
Bomessy
Treasury
Federal Reserve Bank
Dentist Found Dead in Rocky Mount Office
Dr. L. R. Gorham, 55, was found shot dead in his Rocky Mount office. A .22 caliber pistol lay near his body as a cleaning maid reported the scene. The coroner had not decided if an inquest would be held.
MENTIONED IN THIS ARTICLE
Rocky Mount
L. R. Gorham
Uncle Sam Increases 1932 Income Tax Exemption Rules
The article notes changes for 1932 exemptions, lowering married and single thresholds to 2500 and 1000 respectively. It urges those who earned above these amounts to file a return by the deadline, highlighting employers will report employees to the IRS as a double check.
MENTIONED IN THIS ARTICLE
Uncle Sam
Unclco
Enterprise Extra Tonight To Cover Bank Legislation
The Enterprise plans a special extra edition tonight if Congress acts on proposed legislation to permit resumption of nonfunctional banks. Through the Associated Press the paper will report as soon as action occurs and keep constant contact with the national capital for updates.
MENTIONED IN THIS ARTICLE
Congress
Associated Press
British leaders head to Geneva to salvage disarmament talks
Prime Minister Ramsay MacDonald and Foreign Secretary Sir John Simon travel from London to Paris then Geneva to push for progress at the world disarmament conference. They expect talks with Premier Edouard Daladier and aim for a ten day stay and a firmer, broader German arms restraint.
MENTIONED IN THIS ARTICLE
MacDonald
Sir Simon
Geneva
London
Ramsay MacDonald
John Simon
Edouard Daladier
Paris
Germany
Beteen
England
Daladier
France
North Carolina House OKs Tax on Postal Savings Deposits
North Carolina House finance committee voted to tax deposits in postal savings accounts as part of the 1933-35 machinery act. About 25 million dollars are on deposit, with official belief the state can tax them. The panel approved amendments on tax payment timing and hospital charity bill credits approved by county health officials.
MENTIONED IN THIS ARTICLE
Raleigh
Mar
House Finance Committee
North Carolina
Board of Commissioners
Wealth and Faith in Bankless Times
SPECIAL TO THE ENTERPRISE Beverly L March 8 The writer laments shrinking money and distrust in banks, noting a paradoxical national cheer in poverty. The tone mocks optimistic boasts of American financial soundness and calls for bankers to recognize a humorous grace amid hardship.
MENTIONED IN THIS ARTICLE
Beverly L . Mar
America
Will
North Carolina Reads On Prohibition and Truck Regulation
Raleigh March 9 The House committee rejected repeal of North Carolina prohibition laws while debate shifts to motor truck regulation and constitutional amendments. Senate action on amendments postponed, truck regulation bill tied 48 to 48, and several referendum and tax bills faced unfavorable reports.
MENTIONED IN THIS ARTICLE
Raleigh
Judiciary Committee
North Carolina General Assembly
House
Rar Assembly
Compoo
Murphy
Rowan
Rowan Solon
Wines
Johnson
Chatham
Mar
North Carolina
Senate
House Judiciary Number One
Newman
Jimmie Walker Sued for Divorce for Desertion
Janet Allen Walker sues James J. Walker for desertion in Dade County Florida after his resignation as New York City mayor. She says they lived in New York until his departure for Europe around October 1928 and that he has not returned to America. The case highlights Walker’s high public profile and resignation amid Roosevelt era inquiries.
MENTIONED IN THIS ARTICLE
Miami
Fla
James J. Walker
New York City
Roosevelt
Seabury
Janet Allen Walker
Walker
Dade County
New York
Europe
America
Janet Allen
Mand
United States
Franklin D. Roosevelt
James John Walker
Aldrich Plan Shocks Wall Street in Banking Reform Drive
March 9 report shows Winthrop W. Aldrich proposing an aggressive banking reform to sever deposit and investment activities. The plan targets major private banks such as J P Morgan & Company, limiting their roles as bank directors and deposit holders. Aldrich, head of Chase National Bank, aims to curb influence of leading firms and to extend beyond the Glass bill in scope.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Washington
Winthrop W. Aldrich
Aldrich
Chase National Bank
John D. Rockefeller, Jr
J. P. Morgan & Company
Banks of Deposit
Morgan
U. S. Protests Over Violence Against Citizens
The state department reported protests to Germany via Ambassador Sackett over indignities and violence toward American citizens. Berlin expressed regret and pledged action to prevent recurrences, tied to disorders surrounding the recent election in which the Nazi party, led by Adolf Hitler, took power.
MENTIONED IN THIS ARTICLE
Washington
State Department
Sackett
National Socialist
Nazi Party
Adolf Hitler
Greensboro Mills Report Busy Activity Amid New Orders
Officials of Greensboro textile mills said plants have been unusually active as buyers place many new orders in anticipation of rising cotton prices. The reports came as mills seek to meet demand and stabilize production.
MENTIONED IN THIS ARTICLE
Greensboro Mills
Greensboro
Greensboro Textile Mills
Arkansas Senate defeats 90 day divorce repeal bill
The Arkansas Senate voted 25 to 6 against repealing the state ninety day divorce law. In Washington, House leaders discussed an eight hundred fifty million public works program including Muscle Shoals development and the Columbia basin project as part of the emergency measures.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
Mar
Arkansas Senate
House
Washington, Mar
Muscle Shoals
Columbia Basin
Native Culllen to push beer tax bill in New York
Native Culllen of New York, assistant Democratic leader, announced he would introduce immediately and press for action the bill to legalize and tax 8.2 percent beer which died in the Senate last session.
MENTIONED IN THIS ARTICLE
Washington, Mar
Culllen
New York
Senate
Senate Recess to End Banking Committee Work
The senate recessed at 2 20 P M until 4 30 P M to permit its banking committee to conclude work on the emergency banking program.
MENTIONED IN THIS ARTICLE
Washington, Mar
Senate
Daniels May Be Head of Bureau
Josephus Daniels of North Carolina, seen as Roosevelt administration’s choice for shipping board chairman, was reported to head a possible consolidation of federal transport agencies including the Interstate Commerce Commission and the Shipping Board plus the aeronautics division of the Department of Commerce. The move would require legislation, with recommendations for reorganization expected to reach Congress soon.
MENTIONED IN THIS ARTICLE
Washington
Josephus Daniela
North Carolina
Roosevelt Administration
Shipping Board
Federal Transportation
Interstate Commerce Commission
The
Aeronautics Division
Department of Commerce
Congress
Roosevelt
Washington, Mar
Josephus Daniels
Navy
Aerobatics
Manchukuoan Rule Expands Across Jehol Frontier
Japanese forces prepare a general attack to crush remaining Chinese resistance along the Great Wall in Jehol province as Manchukuoan authorities establish control over cities and villages deserted during the campaign. Reports say Chinese efforts to retake Kupeikow Pass failed, with Japanese casualties listed.
MENTIONED IN THIS ARTICLE
Chinchow
Manchuria
Great Wall
Jehol Province
Jehol
China
Kupeikow Pass
Tadashi Kawahara
Wukungfu
Tokyo
Uncle Sam's Tips on Fresh Garden Veggies by Beattie
W R Beattie a U S Department of Agriculture official and noted authority on vegetable gardening writes a 12 part series in The Enterprise starting tomorrow. The articles will cover garden preparation cultivation planting harvesting and storage of lettuce peas corn tomatoes radishes and onions.
MENTIONED IN THIS ARTICLE
W. R. Beattie
Mareh
U. S. Department of Agriculture
Bureau of Plant Industry
Iti
President Presses Quick Action on Banking Bill
The House began immediate consideration of the administration's measure and agreed to a vote within 40 minutes. President Roosevelt aims for law tonight to allow all "sound banks" to open tomorrow.
MENTIONED IN THIS ARTICLE
Washington, Mar
House
Burns
Roosevelt
Roosevelt's banking plan seeks quick bank reopenings
President Roosevelt urged Congress to act swiftly on banking reform including immediate opening of sound banks and authority to reorganize to protect depositors. He also called for currency expansion and a large public works program to create jobs as part of the bank crisis response.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
Congress
Senate
House of Representatives
United States
Executive Branch
Also Mentioned on This Page
Both Chambers
Enterprise
N.C
N. C. Constitution Center of Legislative Day
Jimmie Walker
U. S
Oessis Harria
Raleigh News and Observer
Interstate Commerce Commission, Shipping Board and
Aeronautics Branch
Commerce
Daniels
North Carolinian
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