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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 05, 1932
Page
1
President Hoover lambasted Democrats as he urged a path to recovery during campaign stops in Indiana and Ohio. He said Democratic programs threaten national safety and claimed a great national victory against the economic storm has been achieved.
In Puerto Rico disease spreads after the storm with malaria and influenza reported in Luguillo and Fajardo and typhoid fears from water contamination. Anti typhoid vaccines are underway and 50 000 more doses ordered. Housing remains dire as the National Guard and 65th US Infantry give up tents for displaced residents. Governor Beverley ordered 500 tents 2000 cots and 2000 blankets from New York.
Representative J Charles Linthicum of Maryland died at Maryland General Hospital after surgery for a neck carbuncle. The 65 year old Democrat served since 1911, led with the anti prohibition bloc, co authored a repeal bill, and faced Charles L Weigand in the 4th district race.
The Commerce Department reports moderate improvement in overall business activity since late August. Textiles lead gains with upturns in leather and food processing while heavy industry lags. Industrial production rose 5 percent in August as factory payrolls increased and financial conditions improved though bank credit liquidation continues.
The comptroller of the currency issued a call for the condition of all national banks as of the close of business Friday September 30. In Raleigh North Carolina state bank commissioner Gurney F. Hood issued a call for the condition of all state banks as of the close of business Friday September 30.
Changchun Manchuria October 5 Japanese forces in the Nanni river valley northwestern Manchuria were said to have virtually wiped out Chinese forces under Li Hat-Ching Chinese prisoners reported Li Haiching attempted to flee but was believed killed though his body was not recovered
Washington officials speculate on Soviet Russia joining the London monetary and economic conference planned for early next year. The United States bars discussion of tariffs and war debts. Genoa 1922 history colors views as Soviet Russia era participation remains limited to trade, with recent moves toward Germany and Italy.
Winston-Salem reports opening averages holding at about 14.13 per cwt as roughly 1,000,000 pounds await sale. Farmers crowded the street while Reidsville kept 11 to 11.50 per cwt, and Burlington saw a light break with prices up two cents to 14 per cwt.
Oct 5 report notes bankers arriving by Reconstrucion Finance Corp aid to attend a convention. The writer mocks bankers as likable rasals and claims the panic has leveled status, making bankers appear as ordinary as grocers and druggists while they enjoy the trip.
The Charlotte News reports the Anti-Saloon League mailed questionnaires to all congressional and major state office candidates to gauge prohibition stances. Dry leaders, led by George Burnett, expect to name preferred candidates after responses and attack those who fail to meet the standard before the November 8 climax. The race centers on Senator Reynolds supporting repeal and Republican Jake Newell backing current prohibition laws.
Speaker Garner assailed President Hoover in a formal statement criticizing his promises and policy on mortgage loans. He denounced extending credit to a select few and urged equal access for farmers and homeowners, noting four years of unfulfilled pledges and government aid to banks and financial firms.
The receivers of Middle West Utilities decided to ask the Reconstruction Finance Corporation for 21 million dollars to liquidate the National Electric Power Co loans held by five New York banks.
Raleigh October hearing shows the North Carolina Industrial Commission challenging a proposed average 10.7 percent rate rise for workmen's compensation. W C Southard testified that last fiscal year premiums reached 4.53 million with losses of 2.95 million, while expenses ran about 1.5 percent of premium. The commission questioned data accuracy and bureau costs as the hearing proceeded.
A tentative jury was chosen in Jacksonville Florida to try two former convict guards on charges of torturing Arthur Maullerfert to death in a prison sweat box. Prosecution challenged four men seated, delaying proceedings as jurors are questioned for first degree murder charges against George Courson and Solomon Higginbotham.
New York October 5 News of a sharp market reaction showed trading active on the decline. Leading shares fell $2 to $5 amid liquidation of pool holdings as wheat and corn setbacks at Chicago opened Wall Street sentiment unfavorably. Case lost about $5 under $50, American Telephone fell over $4 near $108, and U S Steel dropped $3 to under $40 with other major declines across Allied Chemical International Harvester Du Pont Union Pacific Santa Fe North American New York Central Montgomery Ward American Can and Sears Roebuck each off $2 or more.
B B Mason 25, Duke football captain and son of Ed Mason of Charlotte, was killed in a two vehicle crash near Harper's Ferry with log truck. J H Gilmer of Charlotte was critically injured with concussion and scalp lacerations. The truck driver H McNeill of Redco suffered only minor injuries.
Rockingham on October 5 faced a deepening textile strike stalemate as negotiations failed to advance. A governor mediated conference collapsed after the strikers rejected a settlement map. mill owners Hannah Pickett and Entwistle Manufacturing had previously agreed to the plan.
Seaboard Air Line Railway announced passenger fares reduced to two cents per mile one way and one and a half cents on round trips between all stations on the Wilmington Charlotte route effective immediately.
Albany reports detail a historic handshake between Gov. Franklin D. Roosevelt and Alfred E. Smith at the state Democratic convention. The two veterans, once rivals, endorsed Lieut. Governor Herbert Lehman amid a crowd of about ten thousand as they signaled a united front against Republicans.
Bridgeport Connecticut October 5 Robert Jackson chairman of the Democratic speakers bureau told Archibald McNeil that Alfred E Smith will likely tour to support Governor Franklin D Roosevelt. McNeil said Jackson agreed Smith would visit Connecticut to aid Roosevelt's candidacy.
Uniontown Pa Oct 6 The stormy all night session produced a plan to admit non service men to the bonus expeditionary force at the national convention. The 21 point policy aims for a nationwide B E F with state units and non partisan but active support for sympathetic candidates. The convention saw tense moments over Walter W Waters reelection as national commander with rules being waived amid shouted protests and Coffin of Washington challenging Waters. Waters reelected by acclamation.
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