Bankers Urged to Lend Freely Amid Recovery Drive
Washington Oct 24 Randall S Hecht was elected president of the American Bankers Association succeeding Francis Marion Law. Robert V Fleming and Tom K Smith were named first and second vice presidents. Jesse H Jones urged lenders to extend loans liberally to aid national recovery and to reduce annual bank examinations while expanding mortgage refinancing via government funds. He warned against centralized power and favored more local control.
MENTIONED IN THIS ARTICLE
Washington
Randolf
Hechet
Hibernia National Bank of
New Orleans
American Bankers Association
Francis Marion Law
First National Bank of Houston
Tex
Robert V. Fleming
Riggs National Bank of Washington
Hecht
Tom K. Smith
Boatmans National Bank of
Roosevelt
Jesse H. Jones
Reconstruction Finance Corporation
Jones
Texas
Erican
Congress
RFC
Bus crash in Indiana kills two injures ten
A bus with 12 passengers overturned and plunged into a stream along the Benjamin Franklin highway near Indiana Pennsylvania killing two and injuring ten. Authorities investigated the accident and identified the deceased and injured passengers.
MENTIONED IN THIS ARTICLE
Indiana
Benjamin Franklin Highway
Streamlined UP train completes Iowa leg in record time
Union Pacific streamliner arrived in Clinton Iowa at 12 10 p m Central Standard Time today en route to New York from Los Angeles after a one minute crew change. The 849 mile Iowa crossing took 858 minutes before it departed for Chicago on the final leg.
MENTIONED IN THIS ARTICLE
Clinton
Iowa
Eee
Union Pacific
New York
Los Angeles
Chicago
U. S. Fleet Rushed Through Panama In Surprise Move
CHRISTOBAL Panama October 24 United States fleet moves from Atlantic to Pacific in a surprise operation. 88 ships aim to transit in under 40 hours with Army guards at locks and commercial traffic suspended during this canal maneuver.
MENTIONED IN THIS ARTICLE
Christobal
Panama
United States
Atlantic
Pacific
Limon Bay
Panama Canal
Wiley Post and Dutch crew race in daring flight tale
The letter describes remarkable endurance of local flyers in great shape, noting Wiley Post would shine returning to Oklahoma. It references a two motor plane advertised as dual powered, praises the Dutch competitor, and mentions Bris bane with plans of Japan flying into California for lunch tomorrow morning.
MENTIONED IN THIS ARTICLE
Wiley Post
Oklahoma
Brisbane
Japan
California
Will
Gorman predicts new textile strikes within ten days
Washington Oct 24 Francis J Gorman vice president of the United Textile Workers predicted a fresh outbreak of strikes within ten days The emergency committee of the UTW would meet in New York to act on requests for strike sanction from many local unions He said there was no general strike danger and that walkouts would target mills that discriminated against union members in re employment West and south regions were highlighted with potential actions in Paterson Roanoke Rapids and other areas ongoing efforts with textile boards and manufacturers groups.
MENTIONED IN THIS ARTICLE
Washington
Francis J. Gorman
United Textile Workers
Septemer
Gorman
New York
Paterson
N. J
Roanoke Rapids
N. C
Ames
Textile Labor Relations Board
Southern Mills
American Association of Cotton Manufacturers
Southern
Textile Relations Board
Boston
National Association of Cotton Manufacturers
New England
Cotton Warehouse Burns in Charlotte Fire
A four alarm blaze at the Anderson Clayton cotton warehouse in Charlotte on October 24 caused several thousand dollars in damage. Five pieces of firefighting equipment and crews plus the full off shift fought the blaze that threatened thousands of bales of cotton. Fireman H C Horne sustained painful injuries from a window attempt.
MENTIONED IN THIS ARTICLE
Charlotte
Anderson-Clayton
H. C. Horne
Roanoke Man Held on Attempted Assault Charge in Greenville
C A Terrell of Roanoke Virginia was jailed with no bond after a preliminary hearing on charges of criminally attacking Annie Turner a 23 year old secretary in the office of Solicitor D M Clark The alleged attack occurred October 11 after Terrell visited the office posing as a government investigator and later lured the woman into a car driving away from the city
MENTIONED IN THIS ARTICLE
Greenville
C. A. Terrell
Roanoke
Annie Turner
D. M. Clark
Terrell
Clark
Japan presses for pact to ban offensive vessels
Japan seeks an agreement among the three leading naval powers to abolish the 5-5-3 tonnage ratio and limit future ships to defensive vessels. Tokyo threatens to walk out of talks and abrogate Washington and London treaties if equality is not granted, arguing a smaller navy harms Far East peace and supply lines.
MENTIONED IN THIS ARTICLE
Ahl
Vevette Vurpevis
London
Japan
United States
Great Britain
Washington
Far East
China
Manchukuo
Reynolds Estate Heirs Challenge Bank Over 1 Million Settlement
In Forsyth Superior Court today heirs to the Reynolds tobacco fortune contest Cabarrus Bank and Trust Company’s bid to set aside the 1 million dollar settlement tied to Smith Reynolds and his ex wife Anne Cannon Reynolds Smith and daughter Anne Cannon Reynolds II. The filing denies alleged irregularities and asserts full representation and prior court awareness of intentions to disinherit. Negotiations for a broader settlement to resolve estate disputes are believed underway.
MENTIONED IN THIS ARTICLE
Winston-Salem
Cabarrus Bank & Trust Company
Smith Reynolds
Anne Cannon Reynolds-Smith
Anne Cannon Reynolds II
Forsyth Superior Court
Reynolds Tobacco
Forsyth
Anne Cannon Reynolds
W. N. Reynolds
Railroad retirement law ruled unconstitutional
Justice Alfred A. Wheat of the District of Columbia supreme court declared the railroad retirement law passed in the last Congress unconstitutional. The ruling sets a constitutional challenge and affects federal retirement provisions for railroad workers.
MENTIONED IN THIS ARTICLE
Washington
Oct
Alfred A. Wheat
District of Columbia Supreme Court
Erwin Named North Carolina State School Superintendent
Clyde A. Erwin, longtime Rutherford County schools head, is appointed to fill the late Dr A T Allen’s term as state superintendent of public instruction. The 37 year old Atlanta native, without a college degree, pledged his best efforts to develop an education program for North Carolina's children.
MENTIONED IN THIS ARTICLE
Raleigh
Clyde A. Erwin
Therford County
A. T. Allen
Ehringhaus
Michael Schenck
Phringhaus
North Carolina
Erwin
Doctor Allen
Ebringhaus
Allen
Atlanta
Charlotte
Waco
Lawndale
University of North Carolina
Union County
D. C
James H. Hope
South Carolina
Cliffside
Rutherford County
State Department of Public Construction
North Carolina Education Association
Davis To Face Trial On Murder Charges
Ralph Davis, 25, a Davidson outlaw, will stand trial in Iredell superior court next month for the murder of Sheriff G. C. Kimball on August 17. He was bound over at a preliminary hearing and held without bond. Davis also faces counts including robbery with firearms of Mayor E. R. Rankin, kidnapping, assault with intent to kill Deputy R. L. Gilbert, and storebreaking at Elmwood.
MENTIONED IN THIS ARTICLE
Statesvile
Ralph Davis
Davidson
Iredell Superior Court
G. C. Kimball
Davis
E. R. Rankin
R. L. Gilbert
Elmwood
Merger heating set for Deg 3 hearings on telegraph firms
The Federal Communications Commission announced hearings for December 3 on merging Telegraph firms Western Union and Postal Telegraph. The inquiry will assess consolidation, safeguards, and the broader plan to amend communications law by February 1, 1935. Interested parties must file notices by November 21 with proposed evidence.
MENTIONED IN THIS ARTICLE
Pees
Western Union
Postal Telegraph
Federal Communications Commission
Commission
Congress
Roosevelt
Inter-Departmental Committee
Postal Telegraph Company
International Telephone and Telegraph Company
Western Union Telegraph Company
The
Postal
Shooting at filling station ends in fatality near Hickory
Rex Marshall 30, operator of a Burke county filling station, shot Loyd, a Winston Salem man, at his Mockeville brown nursery sometime yesterday afternoon. Loyd, struck in the forehead, died en route to a local hospital. Marshall claimed self defense after Loyd cursed him and moved toward a hammer. Marshall surrendered in Morganton. his wife not jailed.
MENTIONED IN THIS ARTICLE
As Yd
Mockeville
Rex Marshall
Hickory
Burke County
Loyd
Winston-Salem
Winston- Salem
Marshall
Morganton
Sheriff’s Office
Americans May Get Second Place In Australian Race
In Melbourne the England team Scott and Black led the handicap and speed race of the England Melbourne derby. The Dutch entry trailed the Americans by two hours forty two minutes, threatening the handicap prize while Turner and Pangborn face prize allocations after time penalties. Official results await verification as pay loads are checked.
MENTIONED IN THIS ARTICLE
Melbourne
Australia
England
C. W. A. Scott
T. Campbell Black
Col
Roscoe Turner
Clyde Pangborn
Albury
K. D. Parmentier
J. J. Moll
Netherlands
Charleville
Narromine
Parmentier
Moll
Turner
Pangborn
Scott and
Black
Boeing
Laverton Air Field
American Legion backs immediate cash bonus payment plan
The American Legion legislative committee urged immediate cash payment at face value of adjusted compensation certificates with interest cancellation. The plan aims to boost circulation to combat economic depression and reduce unemployment as part of recovery policies.
MENTIONED IN THIS ARTICLE
Miami
Fla
American Legion Legislative Committee
Ray Kelly
Detroit
Associated Press
Legislative Committee
St. Louis
Cleveland
Ohio
William A le Atlande
Dickmah
United States
American Legion
Los Angeles
Calif
National Defense Committee
Citizens
Tanker limps toward Guam after South Pacific typhoon damage
The Richfield tanker Larry Doheny limped to Guam for inspections and repairs after a fierce South Pacific typhoon. Captain Wilder reported damage including loss of radio, with 40 crew aboard. The Danwood relayed word of breached afterwalk bridge and cargo damage while Gold Star Olympia and Oregon Maru raced to assist as warnings spread toward Manila.
MENTIONED IN THIS ARTICLE
San Francisco
Larry Doheny
Guam
Wilder
Radio-Marine Corporation
Danwood
Yokohama
United States Navy
Gold Star
Olympia
Philippines
Manila
Body Recovered Of Charlotte Insurance Man In Onslow
The body of Samuel P. Cook a 39 year old Charlotte insurance salesman was recovered from the New River in Onslow County today. He drowned Saturday while on a fishing trip and friends were advised.
MENTIONED IN THIS ARTICLE
Charlotte
Samuel P. Cook
New River
Onslow County
Also Mentioned on This Page
U. S
Official Weather Bureau
Asheville
Birmingham
Charleston
Columbia
Galveston
Jacksonville
Key West
Emergency Council of Textile Unions
Inharlotte
Virginian
Lloyd A. Larbas
Apan
HLE
Reynolds Estate
Ilegal
Hauptmann
Jersey
New Jersey
Bruno Hauptmann
Bronx
N. Y
Flemington
Hunterdon County
Waston
Ichard Loyd
Atlantic City
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