Prohibition and Revenue Topics Dominate North Carolina Session
In Raleigh on May 3 the legislature debated prohibition, revenue, schools, and horse racing with pari mutuel betting. The House sent the Murphy bill for a November 7 general election to decide a constitutional convention, while a Vetoed revenue bill moved to conference. Senate and House education panels split over school subsidies and a proposed racing commission in McDowell County. The scope also covered amendments to bus and truck laws, state contract rules, limited dividend housing corporations, and local alcohol restrictions near Cane Creek church and Sylvan High School.
MENTIONED IN THIS ARTICLE
Raleigh
House
Senate
Neal
McDowell
McDowell County
Advisory Budget Commission
Reconstruction Finance Corporation
Cane Creek Church
Sylvan High School
Alamance County
Waynick
Guilford
State Bank
McKee resigns from politics to lead Title Guarantee Trust
New York May 3 Joseph V McKee former mayoral hopeful and anti-Tammany figure resigns from politics to become president of the Title Guarantee and Trust Company In a bank statement he vows to eliminate himself from politics and says the new role will aid public service for homeowners.
MENTIONED IN THIS ARTICLE
New York
Joseph V. McKee
James A. Walker
Title Guarantee and Trust Company
McKee
Title Guarantee and Trust
John P. O’brien
Tammany
Washington
Trust Company
Clinton D. Bur
Senate
Joseph W. Harriman
Harriman National Bank
Hubert D. Stephens
Mississippi
Industry Proposes Self-Imposed Work Hours and Wages
Washington May 3 The industry urged by Henry I Harriman president of the Chamber of Commerce to fix hours and minimum wages through trade associations as a substitute for pending federal legislation He warned of inflation but said higher prices can be achieved via minimum wages basic commodity pricing and elastic labor hour controls He favored trade conferences with labor and government to raise prices and restore prosperity
MENTIONED IN THIS ARTICLE
Washington
Chamber of Commerce of
United States
Congress
Henry I. Harriman
Harriman
Secretar Perkins
Labor Department
Chamber of Commerce
McMath Weighs Ransom in Kidnapping Case
Harwichport Mass May 3 Neil C McMath held a press conference saying he can and will raise any reasonable sum demanded by kidnappers for the return of his ten year old daughter Margaret McMath taken from her school yesterday He also said police are clearing his home and planning protections while negotiations proceed
MENTIONED IN THIS ARTICLE
Harwichport
Mass
Neil C. McMath
Margaret Mec
Congress Acts On Number Of Issues Today
In Washington on May 3, the House backed the Roosevelt inflation program and a broad farm aid bill by a 307 to 86 vote. The farm measure moves to conference with the Senate while the Senate presses Muscle Shoals debate and securities control legislation advances. A senate committee questioned bank officials about delays in prosecuting Joseph W. Haiman, with officials stating delays protected depositors. The House may soon act on railroad reorganization plans.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Muscle Shoals
National Banker
Joseph W. Haiman
New York
House Interstate Commerce Committee
Inflation debate limit eyed by House in five hour plan
Will Rogers notes Washington chatter about a proposed five hour limit on inflation debate. He jokes about technocracy vs inflation and plans to hear congressmen tackle the issue, calling the topic maddening yet revealing of sharp minds.
MENTIONED IN THIS ARTICLE
New York
House of Representatives
Technocracy
Washington
Balance budget short of mark by some 120000000
President Roosevelt and budget director Lewis Douglas report next year’s budget will be within 120 million dollars of balance. They base calculations on a hard boiled estimate with tax receipts at current year levels, projecting receipts of 82.2 billion and spending of 82.32 billion, excluding the sinking fund. This implies nearly a one billion dollar cut from the present budget.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Lewis Douglas
Roosevelt and Congress Offer Farmers New Deal
A. F. Whitney, head of the Brotherhood of Railroad Trainmen, told Farmers Holiday delegates in Des Moines that organized labor supports farmers and a new deal from Roosevelt and Congress will aid them. He urged farmers to use the farm holiday to pressure banks and corporations, combining with veterans and labor in a mass movement.
MENTIONED IN THIS ARTICLE
Des Moines
American Railway Labor
Roosevelt
Democratic Congress
A. F. Whitney
Brotherhood of Railroad Trainmen
Farmers’ Holiday Association
Reorganization of Bank Halted in North Carolina
Judge orders temporary injunction halting the proposed bank reorganization and merger plans. Hearing set May 16 in New Bern. Lucas and Lewis Inc. seeks deposit rights and asset segregation for New Bern and Bayboro branches with proceeds to depositors.
MENTIONED IN THIS ARTICLE
Raleigh
Gurney P. Hood
State Bank
North Carolina Bank and Trust Company
Henry A. Grady
New Bern
Co. W. Lewis
Lucas, and Lewis, Inc
Grady
Hood
W. G. Maddrey
Wake County
Bayboro
Bank Commission
Lucas and Lewis, Inc
Teener
Kidnappers Sought as 10-Year-Old McMath Is Abducted
Police search Cape Cod and central Massachusetts for kidnapers of Margaret McMath, daughter of Neil C. McMath, as her father offers full cooperation and a ransom-minded motive is stated. A muffled scream clue and a chauffeur in a blue sedan are noted, with school authorities briefly excused.
MENTIONED IN THIS ARTICLE
Harwich Center Grammar School
McMath
Ruth Holmes
Jack Shay
Selecting Jury In Harris Murder Case
Special to The Enslaprige Greensboro May 3. The jury selection for John Harris charged with the murder of Reuben Ware began in Superior court this afternoon. Slow progress hindered start of trial with only three jurors accepted by defense counsel Thomas J. Gold by three o'clock. A court ordered special venue suggested the panel would not be exhausted before filling the box.
MENTIONED IN THIS ARTICLE
Greensboro
John Harris
Reuben Ware
Superior Court
Thomas J. Gold
Defense Counsel
MacDonald Returns From Washington With Optimistic World Talks
Prime Minister Ramsay MacDonald was greeted by cheering crowds in Southampton on May 3 after returning from economic discussions with Roosevelt in Washington. He praised the talks as highly successful and emphasized cooperative goodwill, while denying Roosevelt’s invitation to London for the June 12 world economic conference.
MENTIONED IN THIS ARTICLE
Southampton
Ramsey MacDonald
MacDonald Roosevelt
Washington
MacDonald
Roosevelt
Mr. Roosevelt
London
Debt-Burdened Farmers To Get Attention First
Special quick loans for debt burdened farmers facing foreclosure will be first in the Roosevelt farm program. Henry Morgenthau Jr leads the plan with limits on loan size and 75 percent loan-to-value, plus a three year interest-free start to principal, aimed at preventing farmstead losses.
MENTIONED IN THIS ARTICLE
Federal Farm Loan Board
Farm Credit Administration
Paul Bestor
Farm Loan Commissioner
Ates
House approves inflation program and moves to conference
The House today approved the administration inflation program after passing differences with the Senate on amendments to the farm relief bill. The five point program authorizes the Fed to buy 3 billion in government bonds, issues 3 billion in United States notes, allows changes to the gold dollar content, adjusts the silver collar, and accepts 200 million from foreign debtors for currency issuance. Conference talks aim for agreement by week’s end to send the measure to President Roosevelt for signature.
MENTIONED IN THIS ARTICLE
Washington
House of Representatives
Senate
Roosevelt
Federal Reserve System
United States
Rainey
Snell
House
White House
Escaped Prisoner Surrenders in Nash County
Roy Cobb 24 of Nash County surrendered to police in Rocky Mount on May 3 while en route to Raleigh to complete a 10 year prison sentence after escaping with eight others. He said he had lived in the woods since the escape and asked to be returned to prison.
MENTIONED IN THIS ARTICLE
Rocky Mount
Roy Cobb
Nash County
Raleigh
Cobb
Senate panel backs Gibson to Brazil and Steinhardt to Sweden
The Senate Foreign Relations Committee approved the nominations of Hugh S. Gibson of California as ambassador to Brazil and Laurence A. Steinhardt of New York as minister to Sweden.
MENTIONED IN THIS ARTICLE
Washington
Senate Foreign Relations Committee
Hugh S. Gibson
California
Brazil
Laurence A. Steinhardt
New York
Sweden
Story of Money To Be Told in Picture Form
The Enterprise will present a 12 part illustrated series by Willis Thornton and Art Krenz tracing money from early coins to modern monetary measures. The helps cover the history of money in America and debates on inflation and exchange proposals.
MENTIONED IN THIS ARTICLE
Willis Thornton
Art Krenz
America
Also Mentioned on This Page
Agissature
Mre
Doughton
Alleghany
Coughton
Harris
Moss
Nash
Ewing
Cumberland
Cherry
Gaston
Thomas
Anson
Daughter
Luis M. Sanchez Cerro
Peru
Will Rogers
Yours
Farmers
Gurney P. Hood and
Bank & Trust Company
Cape Cod
Central Massacusetts
Margaret McMath
Detroit
Hartford
Conn
Massachusetts
Hole
Boston
John Shaughnessy
Mdonald
Roy Hendrickson
Henry Morgenthau, Jr
Farm Board
Federal Land Bank
Reconstruction Corporation
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