Congress Approves Cancellation Of Gold Clause
The House and Senate banking committees approved canceling the gold clause in contracts, directing obligations to be paid in legal tender. The measure seeks swift congressional enactment with executive sessions and brief debate on amendments.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
House Committee
United States
Glass
D. Va
Dean Acheson
the Treasury
Kean
Century of Progress Exposition Opens in Chicago
Chicago opens its Century of Progress exposition after five years of construction amid economic distress. By 8:30 a.m. gates welcomed an expected attendance of 60 million as Postmaster General James A. Farley led the official dedication. The fair runs until November 1.
MENTIONED IN THIS ARTICLE
Chicago
L. A. Brophy
Associated Press
Lake Michigan
James A. Farley
Roosevelt
Century of Progress Opens in Chicago with Grand Scale Exposition
The Century of Progress Exposition opens in Chicago representing 37.5 million dollars invested by the fair corporation exhibitors and concessionaires. It spans 424 acres with 82 miles of free exhibits valued at 6 million dollars and 120 buildings. Visitors travel by land water or air including rocket sky ride and gondolas. Over three weeks needed to see all displays with 200 concessions and representation from all states and 17 foreign nations.
MENTIONED IN THIS ARTICLE
Chicago
Fair Corporation
Fair City
Progress of Industry Exposition Opens with Pageantry
The exposition showcases progress of industry over a century with speeches by Farley, Dawes, Mayor Kelly, Governor Horner, and other dignitaries. Lawrence Tibbett will sing the national anthem as lights illuminate the grounds. Ten thousand workers rushed to finish pavilions and exhibits with automobiles, gasoline refining, diamonds, science, agriculture, and transport on display.
MENTIONED IN THIS ARTICLE
Mr. Farley
Rufus ©. Dawes
Chicago
Kelly
Henry Horner
Ilinois
Hall of Science Court
Lawrence Tibbett
Arcturus
Mysterious Death Claimed Captain Hey in Hollywood
Police probe an odd death in Hollywood as Captain J W Hey described as Peru landowner and former South American explorer died after declaring he had taken poisons. His wife and herb specialist friend D J Hergung provide the account and a dictation note claimed he killed himself. Fingerprint experts attended the residence as investigators seek clues.
MENTIONED IN THIS ARTICLE
Hollywood
Calif
J. W. Hey
Peru
D. J. Hergung
Hey
Mrs. Hey
Hergung
Inflationary Market Rally Lifts Stocks and Commodities
A vast market surge followed the proposed erasure of the gold clause as stocks rose on the New York Exchange with heavy volume. Prices for wheat, cotton, sugar, and metals climbed, and listed equities such as Union Pacific, U S Steel, DuPont, Chrysler, Eastman Kodak, and Western Union posted notable gains amid broad gains across commodities and futures.
MENTIONED IN THIS ARTICLE
John L. Cooley
Associated Press
New York
Dollar Exchange
New York Stock Exchange
Washington
Roosevelt
Wall Street
Chicago
Stock Exchange
Coffee and Sugar Exchange
Union Pacific Railroad
U. S. Steel
American Can
Case
Dupont
United Aircraft
Chrysler
American Telephone
American Tobacco
Liggett & Myers
Allied Chemical
Johns Manville
Eastman Kodak
Westinghouse Electric
American Sugar
Kennecott
McIntyre
Congress plans to quitJune 10 with Roosevelt program moves
Congress drives toward the June 10 adjournment as committees push key Roosevelt measures. The House and Senate banking panels approve the obligation payment in legal tender, while President Roosevelt signs the securities regulation bill. The arms embargo debate aims to keep neutrality, and the farm credit bill may move Tuesday.
MENTIONED IN THIS ARTICLE
Washington
Congress
House Banking Committee
Senate Banking Committee
House
Roosevelt
Securites
Senate
Senate Foreign Relations Committee
Rainey
Woman Takes Own Life During Car Ride In Gastonia
In Gastonia on May 27 a 41-year-old seamstress, Mrs A F Whitworth, leaped from a moving car and died within 30 minutes from a fractured skull. Her estranged husband and a deputy sheriff were in the front seat. Whitworth had warned of self harm yesterday and sought help. Five children survive, including Allen Whitworth of Concord.
MENTIONED IN THIS ARTICLE
Gastonia
A. F. Whitworth
Whitworth
Loray
Allen Whitworth
Concord
Foreign Reaction On Gold Clause
American move to strike the gold clause triggered mixed overseas reactions. London reports dollar weakness amid buoyant stocks and lighter debt payments. Paris sees a bear dollar market but war debt terms remain unsettled. Berlin notes possibilities of continued gold use and loan repayments in cheap dollars. Rome notes bankers expect paper dollars to pay large interest. Brussels mirrors Paris market. Stockholm scholar warns contracts at risk.
MENTIONED IN THIS ARTICLE
London
Britain
Paris
Berlin
Germany
Rome
Brussels
Stockholm
Gustav Cassel
Sucker list and beer licenses spark New York note
The Morgan Co. preferred list is mocked as a sucker list as holders lost value. New York City collected a million dollars in beer license fees. The speaker jokes about dry state finances and notes 80 airplanes in the air nationwide at midnight, including 40 carrying passengers.
MENTIONED IN THIS ARTICLE
New York
Morgan Co
New York City
Chicago
Peace Hopes Expressed By Roosevelt And Ishii For World Stability
In a joint statement at Washington on May 27 President Roosevelt and Viscount Ishii expressed hope for peace in the Far East and worldwide, calling for economic stability, disarmament, and cooperative steps to lay solid foundations for world peace and prosperity, including improved silver prices and orderly monetary regimes.
MENTIONED IN THIS ARTICLE
Far East
Roosevelt
Viscount Ishii
Washington
Japan
Carolinas women golfers crown Estelle Laws on title defense
In Charleston Estelle Lawson of Chapel Hill North Carolina defeated Kathryn Hemphill of Columbia four and three to win the Carolinas women's golf championship. Delaware voters register attitudes as they consider prohibition repeal amid campaigns.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Delaware
Charleston
S. C
Estelle Lawsson
Chapel Hill
N. C
Carolinas
Kathryn Hemphill
Columbia
Rail freight tops prior week in May output
The American Railway Association reports revenue freight loadings for the week ended May 20 at 531,618 cars, up 523 from the week before and 15,900 above the same week in 1932, signaling improved traffic.
MENTIONED IN THIS ARTICLE
Washington
The
American Railway Association
Miss Randolph Injured in Taxi Collision
AP reports Miss Mary Randolph secretary to Mrs Calvin Coolidge at the White House sustained a fractured shoulder in a taxi collision last night.
MENTIONED IN THIS ARTICLE
Washington
Mary Randolph
Calvin Coolidge
White House
Chinese capture Norwegian ship after assault at sea
Fourteen passengers seized the Norwegian steamer Prominent near Parcel Island in the China sea. The crew was captured and two officers shot. pirates ran the vessel aground in Mirs Bay near Hong Kong and fled after police opened fire. Hostages were later released in the hills.
MENTIONED IN THIS ARTICLE
Hong Kong
China
Mirs Bay
Parcel Island
Reefs
China Sea
George Jensen
H. Jensen
O. Jensen
Mira Bay
Native Commission
Petting and Jazz Banned by Adventist Youth Congress
In Collegedale near Chattanooga the Seventh Day Adventist youth congress bans petting and hitch hiking as unchristian. It also labels jazz music as demoralizing and restricts dating to bethrothed teens.
MENTIONED IN THIS ARTICLE
Chattanooga
Tenn
Young People's Congress
Seventh Day Adventist Church
Collegedale
Congress
Governor Ehringhaus Visits Elizabeth City
Governor and Mrs Ehringhaus are staying several days in Elizabeth City after leaving Raleigh and plan to return Wednesday. The visit highlights official duties and social engagements during this regional tour.
MENTIONED IN THIS ARTICLE
Elizabeth City
Ehringhaus
Raleigh
Presbyterian Assembly Keeps Fight On Alcohols
The General Assembly of the Presbyterian church in the United States voted to send the question of re affiliation with the Federal Council of Churches of Christ in America to the presbyteries. It reaffirmed its prohibition stance and called for a fresh educational crusade against liquor. The assembly also reversed earlier plans for a permanent social and moral questions committee and debated a modified anti nullification resolution.
MENTIONED IN THIS ARTICLE
A. F. Lattlejohn
Associated Press
Montreat
General Assembly of the Presbyterian Church
United States
Federal Council of Churches of Christ In America
Southern Presbyterian Church
Sam M. Wilson
Lexington
Ernest Thompson
Charlestown
W. Va
General Assembly
Wilson
Needdf
Stuart Oglesby
Atlanta
Presbyterian Church
Wison
Board of Prohibition, Temperance and Public Morals
Washington
Oglesby
Textile leader elected at Southern Textile association meeting
H H Jer of Greenville was elected president to succeed F K Petrea as the two day convention closed in Charlotte. Culver Batson was elected vice president and J A McFalls chairman of the board. Four new board members were named Walter Dillard Jr W G Young Lyman Hamrick and D F Short. Duke Power head W G Lee urged stronger industrial competition in the next decade. Next convention site to be chosen by the board in autumn.
MENTIONED IN THIS ARTICLE
Charlotte
H. H. Jer
Greenville
D. C
Southern Textile Association
F. K. Petrea
Columbus
Culver Batson
Lynchburg
J. A. McFalls
Mooresville
Marshall Dilling
Gantonia
Walter Dillard, Jr
Augusta
W. G. Young
Albemarle
Lyman Hamrick
Gaffney
8. C
D. F. Short
W. G. Lee
Duke Power Company
Dowell Reports Merchants Association Spent Nothing in Sales Tax Fight
Raleigh May 27 Willard Dowell one man lobby for the North Carolina Merchants Association says he spent no money in the three month fight against a sales tax during the 1933 session. Dowell, a full time salaried official, filed the report with Secretary of State Wade under lobbyist rules. Other lobbyists filing reports include R F Crouse of Sparta for Fraternity of Protection who spent 690 dollars and W S Corbitt of Henderson who reported 422.57, H F Lucas of Salisbury listing 450 dollars.
MENTIONED IN THIS ARTICLE
Raleigh
Willard Dowell
North Carolina Merchants Association
General Assembly
Lowell
Merchants Group
Wade
Ing
Corbitt
Corbitt Truck Company
Henderson
H. F. Lucas
Salisbury
Farm Land Owners Association
Hunter Marshall, Jr
Charlotte
North Carolina Cotton Manufacturers Association
Alexander Webb
North Carolina Home Insurance Company
Elizabeth Moore
George Roundtree
Wilmington
F. L. Fuller
Durham
Mortgage Service Corporation
W. 8. Creighton
North Carolina Affic League
Bride of Baseball Player Still Alive
Mrs. Helen Thevenow widow of Pirates utility infielder Tommy Thevenow is alive, police say. A letter postmarked in Pittsburgh at 10 a.m. today announced she is safe and will return in a few days, after earlier belief she had been drowned.
MENTIONED IN THIS ARTICLE
Pittsburgh
Helen Thevenow
Tommy
Pirate Utility
Edward Russell
Thevenow
Only Widows Draw Off Pension Fund
Beaufort South Carolina May 27 Beaufort County reports no living Confederate veterans within its boundaries and only 13 widows of Southern Civil War veterans. The deaths of C L Paul Sr and Dr C G Hay recently ended the Confederate pension for all but the widows.
MENTIONED IN THIS ARTICLE
Beaufort
Beaufort County
C. L. Paul, Sr
C. G. Hay
Also Mentioned on This Page
Morgan Partners
Nathan Robertson
Morgan Banking House
J. P. Morgan’s
John W. Davis
Morgan
House of Morgan
J. P. Morgan
Ferdinand Pecora
D.-Va
Pecora
Ned
Farley
Captain Hay
Associates Press
Presbyterian Assembly
Federal Council of Churches
LER
Dowell Reports Merchants Association