Hoover plan for banking relief moves to operation
President Hoover's scheme to ease bank strain advances as New York Fed reports a $500 million credit corporation to be formed within 48 hours. Directors from all twelve Federal Reserve districts to direct a national program, with plans to aid depositors and revise the Fed Act, though full operation may take over ten days. Near Cape Henry, retired Rear Admiral Newton A. McCully and five adopted children survived a houseboat collision with the Verona. one girl injured. In Washington, Clerk Page refuses to hand over original campaign expenditure reports to a DC grand jury pending authorization, as the jury seeks guidance on legal authority and the corrupt practices act.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Harrison
New York Federal Reserve Bank
Federal Reserve
Newark
Mellon
Federal Reserve Banks
Bankers’ Organization
William Tyler Page
House of Representatives
District of Columbia
James Cannon
Page
House
Bishop Cannon
Congress
Hoover urges foreign loans only for productive ends
President Hoover reasserts four year old plea that foreign loans be restricted to productive use to balance budgets sparingly. He argues such limits would reduce world economic trouble and military spending, noting government should mainly enable private enterprise and productive returns.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Roosevelt Porto Rico
South America
United States
Long Wins Suit to Regain Taxes in Greensboro
Charles F. Long of High Point won a compromise settlement of 31,995 plus interest from 1929 in a suit against the U S government over income tax and penalties for his 1928 income. He had paid 100,000. penalties and interest were refunded while the tax of 63,678 and 10,865 interest remained with the government.
MENTIONED IN THIS ARTICLE
Greensboro
Charles F. Long
High Point
U. S
United States District Court
Long
Radio controlled plow buttons pioneer field work
Noblesville Indiana October 8 AP farmers may plow by radio a demonstration by J Lynch Miles City Montana used a tractor operated by radio to plow around a thirty acre plot two hundred technicians operators and businessmen from the central states watched saying it was the first time a tractor had plowed ground by radio control
MENTIONED IN THIS ARTICLE
Noblesville
Ind
J. Lynch
Miles City
Mont
Central States
Labor Delegates Are Advised To Use Big Stick Over Congress
Vancouver B C Oct 8 Exhorted by speakers to take up the big stick and compel Congress to relieve unemployment the American Federation of Labor convention opened today. A resolution by Miss Florence Curtis Hanson of the teachers federation seeks government employment assurance work insurance funded by state and federal aid a large reserve fund to aid the unemployed shorter hours state control of industry and a long range program of public works.
MENTIONED IN THIS ARTICLE
Vancouver
B. C
Congress
American Federation of Labor Convention
Florence Curtis Hanson
Teachers Federation
Winter thefts prompt stove theft report in Greensboro
GREENSBORO Oct 8 One person here is ready if winter comes. Co F Southerland reported to police that someone had stolen his stove from his home.
MENTIONED IN THIS ARTICLE
Greensboro
Co. F. Southerland
Cotton Tax Debate Highlights Textile Industry Strain
Providence R I Oct 8 Uniform tax uniformity urged for textile properties to prevent overvaluation and curb burdens on the cotton industry. Henry F Long Massachusetts tax commissioner told the National Cotton Manufacturers Association that industry expansion is at risk without fair statewide tax laws. Elliott S Boardman of the Federal Reserve Bank Boston stressed reviewing all facts to gauge current standing.
MENTIONED IN THIS ARTICLE
Providence
R. IL
Massachusetts
Henry F. Long
Commonwealth
Elliott S. Boardmen
Federal Reserve Bank
Boston
Senator Robinson Urges Extra Congress to Tackle Hoover Plan
Senator Robinson of Arkansas called for an extra session to address President Hoover's credit proposals and key economic measures. He supported a $500,000,000 credit fund and broader discount access, and urged extending farm crop loans for 1931 while exploring credit extensions for federal and joint stock land banks to ease borrowers amid low prices.
MENTIONED IN THIS ARTICLE
Washington
Congress
Hoover
Robinson
Arkansas
Senate
George George Blames G O P For The Present Crisis
Senator Walter F. George of Georgia blames a series of political maneuvers by the Republican Party for a present national crisis. He outlined his views during remarks in Gainesville, urging voters to consider policy differences and the party's direction.
MENTIONED IN THIS ARTICLE
Gainesville, Ga
Walter F. George
Georgia
North Carolina May Get 2 Millions For Federal Roads
Raleigh report states North Carolina would gain about 2.4 million dollars if Congress passes a 100 million dollar road appropriation bill. The estimate comes from John D. Waldrop state construction engineer after he attended an American Association of State Highway Officials meeting in Salt Lake City.
MENTIONED IN THIS ARTICLE
North Carolina
Raleigh
Congress
American Association of State Highway Officials
John D. Waldrop
Waldrop
Salt Lake City
Association
Man kills himself in Los Angeles court after guilty verdict
Harry S. McCormack, 63, Glendale financier, was found guilty on 16 counts of grand theft and violation of corporate securities act. He drew a pistol after the verdict and shot himself in court, dying before police reached him. Two envelopes were left for the judge and a newspaper.
MENTIONED IN THIS ARTICLE
Los Angeles
Harry S. McCormack
Glendale
Cali
McCormick Arage
Elliott Craig
McCormack
Church Libel Suit Over Pastor Sparks Local Dispute
In Charlotte, members of Ninth Avenue Baptist Church sue Rev. W L Griggs charging libel after Tarleton, a local attorney active for Alfred E Smith, was expelled. The petition names C A Mullis W E Keeter R K Huggins and J W Kesterson, alleging conspiratorial actions tied to political preaching from the pulpit. The case proceeds as Griggs is ordered to appear before a commissioner.
MENTIONED IN THIS ARTICLE
Charlotte
Ninth Avenue Baptist Church
W. L. Griggs
A. A. Tarleton
Alfred E. Smith
Tarleton
C. A. Mullis
W. E. Keeter
R. K. Huggins
J. W. Kesterson
M. J. Green
F. M. Ferguson
Earl Fite
James B. Yandle
Reaching Toward Decision On Tax Increase For Congress
With Congress to convene soon, officials weigh legislation to operationalize the administration's business rejuvenation program and a possible tax increase to cover the treasury deficit. A bipartisan White House conference approved a broad plan including a $500 million agency to dissolve frozen banking assets into trade channels, awaiting formal congressional action.
MENTIONED IN THIS ARTICLE
Congress
Treasury
White House
Senate
House
Membe
Edison Fights For Life As He Grows Weaker
Thomas A Edison, aged inventor, remained restless but not weaker in the morning report from Dr. Hubert S Howe at West Orange. By day’s end his condition worsened, with fluids no longer taken and doctors warning of inevitable decline as Hoover and friends watched closely.
MENTIONED IN THIS ARTICLE
Admiral McCully
Chesapeake
Potomac River
West Orange
N. J
Thomas A. Edison
Hubert S. Howe
Edison
Howe
Thomas Alva Edison
Hoover
Gandhi Fails To Settle Hindu Moslem Fight
London October 8 Mahatma Gandhi announced at the Indian minorities committee meeting presided by Prime Minister MacDonald that he had failed completely to settle the Hindu Moslem communal problem. He said this does not mean he has abandoned hope and will use the failure as a stepping stone to success, continuing the work of trying to solve the issue and not blocking the round table conference.
MENTIONED IN THIS ARTICLE
London
Mahatma Gandhi
MacDonald
Shook shoots wife then is captured after gun fight
In Asheville North Carolina Roy A Shook fired two automatic rifle slugs into his wife head and body before a police officer subdued him in a gun battle Mrs Shook critical police said they had been called previously to protect her The couple has four small children
MENTIONED IN THIS ARTICLE
Asheville
N. C
Roy A. Shook
West Asheville
Shook
EH. C. Messer
Mrs. Shook
States Auto Sales Show Small Increase
RALEIGH October 8 There were 2 991 new automobiles and motor trucks sold in North Carolina in September this year an increase of 34 vehicles over the total of 2 957 sold in the same month last year L S Harris director of the motor vehicle bureau reported today In August this year there were 3 134 vehicles sold compared to 3 395 sold in August 1930.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
L. S. Harris
Motor Vehicle Bureau
State Constitutional Commission To Meet In Raleigh
Governor Gardner called a meeting of the constitutional commission for October 22 in Raleigh. After consulting Chief Justice Welter P. Stacy the governor said the group will study the state’s constitutional needs and report to the next legislature. Members include J. J. Parker Charlotte Michael Schenck Hendersonville Lindsay Warren Washington Burton Craige Winston-Salem A. J. Maxwell Raleigh George Butler Clinton Dr. Clarence Poe Raleigh and J. C. Carr Wilmington.
MENTIONED IN THIS ARTICLE
Raleigh
Max Gardner
Constitutional Commission
General Assembly
Witer P. Stacy
State Supreme Court
Welter P. Stacy
John J. Parker
Charlotte
Michael Schenck
Hendersonville
Lindsay Warren
Washington
Burton Craige
Winston- Salem
A. J. Maxwell
George Butler
Clinton
Clarence Poe
J. C. Carr
Wilmington
Governor Calls Mayors And County Chairs To Relief Meeting
Governor O Max Gardner convenes North Carolina mayors with populations over 5000 and county commissioners chairs to discuss unemployment relief. The Sept 13 meeting at 10 am in Raleigh will review plans for aiding jobless and needy residents during winter, third in a series of relief forums.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
O. Max Gardner
House of Representatives
R. W. Henninger
The
State Council On Unemployment and Relief
Also Mentioned on This Page
Reserve Bank
Trans-Pacific Flyers
Federal Reserve District
McCully
Chesapeake Bay
Cape Henry
Newton A. McCully
Baltimore
Ludmila
Ninotchka
Tonia
Nikaoli
Feodor
Japan
Wenatchee
Wash
Hugh Herndon
Clyde Pangborn
Tokio
Senator Robinson
Labor
George Flays G. O. P
George
Charlotte Baptist Church
Gandhi
Roy Shook
State Constitutional Commission
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