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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 28, 1933

Page

1

Senate panel voices dissent on neutrality waiver plan

The Senate Foreign Relations Committee unanimously objects to Roosevelt’s proposed neutrality waiver tied to an arms embargo. An amendment would require any embargo to apply to all nations involved. The article notes Roosevelt's push for peace and upcoming London economic talks, with delegation crew and Geneva arms conference oversight.

Washington Senate Foreign Relations Committee Roosevelt Norman H. Davis America Johnson California Congress Capitol International Viscount Kikujiro Ishii London Hull Cox Ohio Pittman Nevada McReynolds Tennessee

Pinchot Pushes Resignations Over Judges Stock Deals

Governor Pinchot urged Justices John W. Kephart and William I. Schaffer to resign from the Pennsylvania Supreme Court after disclosures they bought Alleghany Corporation stock from J. P. Morgan interests at below market prices. The justices denied improper conduct, saying they bought as private citizens and would not resign.

Harrisburg Pinchot Justice Schaffer Alleghany Corporation Kephart

Morgan profits from securities flotations in Senate probe

Documents from the senate inquiry detail Morgan profits of 18.28 million dollars from 1927 to 1931 plus untold gains from stock pools and banking pools. Proctor and Gamble shares show Morgan’s large operations, with a total pool profit of 1.07 million and Morgan’s share 170 776. Senator Couzens accuses a subtle campaign to discredit Pecora the counsel conducting the inquiry.

Washington House of Morgan Senate Invest Morgan Firm Morgan House Morgan Proctor and Gamble Company T Hee Bankers’ Pool Couzens R-Mich Ferdinand Pecora

Gandhi fast ends on nineteenth day in Poona

Mahatma Gandhi’s three week fast reached day nineteen at noon in Poona amid calm on his health though observers described him as the merest shadow.

Poona India Mahatma Gandhi

Chicago Fair Lights Switched On By Star

Chicago celebrated the Century of Progress Exposition with a night illumination powered by starlight. Four observatories at Harvard University Alleghany University of Illinois and University of Chicago Yerkes channeled Acturus to trigger a master switch lighting the city amid a 60 000 attendance and a luminous map of the observatories.

Chicago Exposition City Fair City Hall of Science Harvard University Alleghany University of Illinois University of Chicago Yerkes

Judge Drops Complaint Against Smith in Presbytery Case

A judicial commission of the general assembly of the Presbyterian Church in the United States overruled a complaint against Dr. Hay Watson Smith of Little Rock. The commission’s decision ends the case, with no action required by the assembly. The complaint was filed by two Arkansas ministers over Smiths views on evolution.

Smith Presbytery of Arkansas Synod of Arkansas General Assemblies J. E. McJunkin Algernon Killough T. C. Delaney Mobile Ala Delaney Messrs McJunkin Killough Arkansas Presbytery

Roosevelt signed law to expose fraudulent security issues

The president issued a broad disclosure rule to protect investors from fraudulent security issues totaling an estimated 25 billion dollars over the past decade. The Federal Trade Commission will administer the act, with 20 day pre advertisement registration for both domestic and foreign issues. A stop order can be issued for fraud, and a new foreign bond recovery corporation may aid US investors.

Washington Roosevelt Federal Trade Commission White House Robinson Arkansas Rayburn Texas Fletcher Florida Congress Johnson Republican California

Opposition Grows as Debates Loom on Gold Clause Act

Congress advances the proposal to abolish gold clauses in all contracts making payments in legal tender. Critics call it repudio tion, arguing $100 billion in obligations could be affected. Treasury officials cite refinancing needs as driving urgency while Senate and House panels push action.

Washington Congressional Committee House House Banking Committee Senate Banking Committee Rules Committee Dean Acheson the Treasury Senate House Banking Group Steagall Alabama Treasury Department Glass Virginia United States London Paris Berlin Germany Rome Italy Geneva Stockholm

Repealists Lead in Delaware Prohibition Vote

Wilmington Delaware May 27 with returns from over half the state the repeal candidates for 17 delegates at large to the state prohibition convention led by more than four to one.

Wilmington Del

Market Gets Impetus for Uptick in Bla Upswing

A record Saturday on the New York Stock Exchange saw extreme price advances across stocks and commodities as inflation fears rose after plans to abrogate gold clauses. Turnover topped 4.3 million shares with heavy opening buying and widespread gains in wheat cotton and metals.

New York New York Stock Exchange Chicago England Roosevelt United States Stock Exchange

Society Woman Found Dead and Sought Son in Police Hunt

In Flint Michigan 17 year old Balfe Mac Donald is sought after his mother Grace B MacDonald a 54 year old wealthy widow was found beaten to death in her Crescent Drive home. Police report the youth threatened self harm during a meeting with authorities and a possible $1000 cash disappearance is being investigated. The case spans Crescent Drive Topinabee Mullet Lake and a gasoline station sighting near Chicago in the early hours.

Flint, Mich Balfe MacDonald Grace B. MacDonald MacDonald Chas. Raab Chicago Topinabee Mullet Lake Here

North Carolinians to begin Thursday paying new fees

Raleigh May 27 Tax changes under the 1933 35 revenue act take effect June 1. Peddlers face base license plus 4 percent on gross receipts while dealers in pianos organs radios phonographs and records pay a 10 base tax plus 3 percent on gross receipts. The schedule broadens tax classifications and extends both license and gross receipts taxes.

Raleigh North Carolina A. J. Maxwell Commissioner of Revenue

Senate Passes Railroad Bill With Economy Provisions

The Senate approved an administration bill to empower a federal coordinator to cut waste in railroad operations and suspend anti trust laws for a year. It would work with three regional committees to remove duplications, share terminals, and reduce fixed charges, with a possible one year extension. The measure faces House opposition over labor clauses.

Washington Senate House House Commerce Committee Roosevelt

North Carolina Colleges Begin Commencement Speakings

North Carolina colleges move into commencement season with Davidson Wake Forest Duke and UNC set for sermons addresses and diplomas. Noted speakers include Henry Sloane Coffin Ben R Lacy Walter L Lingle and Thurman D as well as Governor Ehringhaus and Bishop Penick among others. The schedule spans June at Duke Chapel Hill Greensbo ro and Winston-Salem with lectures by Alden Barkley Stamp and others.

Charlotte North Carolina United States Davidson Wake Forest Henry Sloane Coffin Union Theological Seminary of New York Zeno Wall First Baptist Church Shelby State Baptist Convention Ben R. Lacy Union Theological Seminary Richmond Walter L. Lingle Douglas Freeman Richmond, Va News- Leader Thurman D Greensboro Alden W. Barkley Kentucky Duke University University of North Carolina William Preston Few Duke Durham University Edwin A. Penick Episcopal Chapel Hill Merton Stacher Rice Detroit Mich J. c. B. Ehringhaus Frank F. Graham Josiah Charles Stamp Kent England Duk North Secine

Also Mentioned on This Page

Senate Foreign Relations Committee U.S Pinghot Pennsylvania The Associated Press By Nathan Robertson Gandhi Chicago Fair Homer W. McCcoy Hay Watson Smith Claude A. Jagger AP Financial Wall Street Grace MacDonald N. C
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