Debate on tax exempt bonds and recovery policy
Here and There editorial argues the federal bond tax exemption sustains low interest and funds government pledges, while critics claim it starves private capital. The piece defends the Roosevelt administration's financing as essential to recovery and warns against politicizing debt while noting investors shift toward private industry when markets tighten.
MENTIONED IN THIS ARTICLE
Feneral
Orville Erringer
Hope
Rotary Club
Etringer
America
Roosevelt
Arkansas Power & Light to Cut Rates Statewide
General Manager Frank M. Wilkes announced rate reductions affecting more than 200 cities in Arkansas, saving about 225000 dollars annually. Residential and commercial schedules cite lower charges per kilowatt hour with July implementation and August bill dates.
MENTIONED IN THIS ARTICLE
Fine Bluff
Ark
Frank M. Wilkes
Arkansas Power & Light Co
Arkansas
Laundry Worker Sought in Theft of Clothes and Auto
Police sought Mack Powell, employed at Hope Steam Laundry, after Friday night robberies in which a new Pontiac sedan valued about 150 dollars, clothing worth 70 dollars, and a radio were stolen from Hempstead County businesses. Powell, who lived in Mt Vernon Texas, had been negotiating for the car three days prior and used a laundry key to enter the building. He loaned 3 dollars at Mission Inn before disappearing that night.
MENTIONED IN THIS ARTICLE
Mack Powell
Hope Steam Laundry
Leot
Powell
Hempstead County Motor Company
Haye Steam Laundry
Hempstead County Lumeber Company
Motor Company
Hempstead County Lumber Company
Mission Inn
Bill Hutchens
Hutchens
Mt. Vernon
Texas
Drauth Gives Way to Flood in West
A torrent of rain battered the upper Midwest and Plains, washing away drought worries in places while triggering floods in Iowa and South Dakota. Fatalities were reported as barns collapsed and a man was killed amid debris. floodwaters swelled the Floyd River near Sioux City, and railroad lines were washed out. Rain benefited pastures and crops in some regions, but grain near the Northwest faced losses. experts forecast adequate feed and a fair corn crop despite continuing storms.
MENTIONED IN THIS ARTICLE
Upper Lakes
Pacific Coast
Iowa
South Dakota
Tripp
Mitchell
Iman
Floyd
Sioux City
Sheldon
Spencer
Citcries
Crouth
Dakotas
Minnesota
University
Gag
Nebraska
Catia Sarlais
Kiwanis Close Good Will Trips After Season Ends
Kiwanis club president Charles Dana Gibson announced the last scheduled goodwill trips for the season at McCaskill. W S Atkins told the audience the trips aim to foster goodwill between Hope and surrounding communities. A $50 prize is offered for the best essay on wealth redistribution and recovery, open to youths 12 to 20, with a July 4 deadline. music by Rigdill's string band accompanied the event.
MENTIONED IN THIS ARTICLE
Kiwanis
McCaskill
Charles Dana Gibson
W. S. Atkins
Rigdill
Democratic State Central Committee Allows Elmo Carl Lee Run
LITTLE ROCK The Democratic State Central Committee voted to admit Elmo Carl Lee of Augusta as a candidate for state senator for the Twenty seventh district after previously rejecting his certification. The panel reversed a 12 to vote against him as petitions from other compliant candidates influenced the decision. The meeting also addressed certification questions for Henry Hollensworth Bearden and potential bids by BE Alexander Blytheville for Congress and John L Carter Little Rock for attorney general.
MENTIONED IN THIS ARTICLE
Little
Democratic State Central Committee
Elmo Carl-Lee
Augusta
Ats Stu
Augyusin
Little. Rock
Hotel Marion
Lee Miles
Harvey G. Combs
N. B. Hardy
Centerville
Faulkner County
Henry Hollensworth
Bearden
Dr. Hardy
Hollensworth
Combs
BE. E. Alexander
Blytheville
Congress
Alexander
John L. Carter
Little Rock
Dolly Sisters dancer fined for luxury tax evasion in France
Paris authorities fined Jenny Dolly, half of the Dolly Sisters dancing team, $750,000 with a three day suspended sentence for evading luxury tax on a 51 carat ring bought in Cannes in 1928. The ring valued around $200,000 would have carried a tax of about $32,000.
MENTIONED IN THIS ARTICLE
Paris
France
Jenny Dolly
Cannes
Arkansas Nears Drouth Aid Goal
Arkansas moves toward the drought aid target as cattle from South Dakota threaten to arrive next week. County agents report acres pledged vary, with Bradley, Drew, Chicot, Prairie, St. Francis, and Lawrence counties contributing hundreds to thousands of acres for grazing to feed about 135,000 cattle.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas
South Dakota
E. B. Whitaker
Stage Agricultural Matension Service District
Whitaker
J. A. Hempfull
Warren
Bradley County
Arthur F. Lee
Drew
W. Houston
Chicot
H. &. Thompson
Prairie County
J. M. Thomason
St. Frarcis
John L. Faulkner
Lawrence County
Futrell Sponsors Amendments to Avoid Confusion
Governor Futrell said he will use provisions of the 1933 act to keep his proposed constitutional amendments clear from other proposed amendments and initiated sets sponsored by various groups. The measure aims to prevent mixing voter questions with competing proposals.
MENTIONED IN THIS ARTICLE
Little Rock
Futrell
Steel and Johnson plan for neutral labor board in steel
The steel industry and Recovery Administrator Johnson proposed a three member board to settle worker representation disputes and antiunion charges. Union leaders opposed the plan while Johnson sought to explain it. the board would oversee elections, disputed firings, and compliance with representation rules across the steel sector.
MENTIONED IN THIS ARTICLE
Washington
Amalgamated Association of Iron ‘Steel & Tin Workers
Hugh 5. Johnson
Johnson
Iron and Steel Institute
Steel Industry
Nonce
Crane Strikes Wire in Alabama Fatal Incident
DOTHAN Ala 41 A crane struck a high tension wire causing its snap and a fire that destroyed a smokehouse. Seaborn Rainey 23 died after being charged by the fence while helping extinguish the blaze. The event followed the crane’s collapse and a fatal outcome amid the chain of incidents.
MENTIONED IN THIS ARTICLE
Dothan
Ala
Fara
J. A. Holiday
Seaborn Rainey
Ratto
Roosevelt seeks 525 million for drought relief plan
Washington bulletin reports President Roosevelt asked Congress on Saturday for 525 million dollars to finance the drought relief program already undertaken by the administration.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Futrell Delays A M College Hearing In Arkansas
Governor Futrell postponed the Monticello A and M College trustees meeting and state comptroller hearing to June 18 to allow attorneys to study Comptroller Smith's report on student charge investigations involving President Frank Horsfall and Warren board member John Richardson. Comptroller Smith said charges were largely unsubstantiated but the audit raised issues warranting review.
MENTIONED IN THIS ARTICLE
Little Rock
Futrell
Board of Trustees
Monticello Agricultural & Mechanical College
Smith
Frank Horsfall
John Richardson
Warren
Monticello A. & M. College
Putrell
Recovery Act Is Press Meet Topic
Clarksville Arkansas reports the 62nd Arkansas Press Association meeting opened with optimism on the Recovery Act. About 142 registered for the banquet as editors and publishers from across the state gathered. James J. Harrison of Little Rock spoke on recovery, defending government spending as temporary but vital for restoring society.
MENTIONED IN THIS ARTICLE
Clarksville
Ark
Arkansas Press Association
James J. Harrison
Little Rock
National Emergency Council For
Arkansas
Roosevelt
Harrison
America
Gerard
Jones
Lake Lea Bond Probe Sees Total May Hit $200000
County securities report probes bonds tied to Lake Lea with a total potential exposure up to $200000. Officials note $40000 reported as fraudulent in the county security review.
Tennessee bond scandal centers on bogus securities
Postponed loan case in Nashville links about $200,000 of suspected fraudulent county securities from Dyer and Henderson to a $40,000 collateral question tied to Henderson county bonds. Luke Lea and sons face past convictions tied to bank collapse and 1930s Tennessee investment failures, with Lea later owning Nashville papers.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Tennessee
State
Luke Lea
Dyer
Henderson
Murray
Jackson
Life & Casualty Insurance Co
Lea
Henderson County
Lake Lea
Luke Lea, Jr
North Carolina State Penitentiary
Asheville
Roger Caldwell Investment Trust
A.B. Bank & Co
Arkansas Bank & Trust Co
Hope
Rogers Caldwell
Memphis Commerceial Appeal
Caldwell
Commercial Appeal
Tennessean
A Received
Improvement Tax Rule Is Changed In Arkansas
I Frank Milwee state HOLC manager says improvement district taxes will not be deducted from loan face value if nominal versus property value. HOLC chief adjusts rule after Home Loan Bank Board decision allowing taxes to be paid at closing or treated as fees. Milwee notes taxes under five percent of loan are typically not deducted aiding refinancings.
MENTIONED IN THIS ARTICLE
Little Roc—Improvement District
Home Owners Loan Corporation
Frank Milwee
HOLC
Home Loan Bank Board
Washington
D. C
Mr. Milwee
Milwee
Legal Department
Also Mentioned on This Page
Alex. H. Washbup
Duplex Printing Press Company
Battle Creek
Mich
United States
Beringer
Stuttgart
U. S
Tennessee Valley Authority
Wilkes
Ofc
Suv
Aoe
Stutigart
Arkansas Fact Finding Tribunal
BP. A. Lasley
Bibnal
Signal
Arkansas Power and Light Company
Power and Light Company
Louisiana
Mississippi
Harvey C. Couch
Arkansas Company
TVA
Gir. Couric
Arkansas Tribunal
Gaetle
Flapper
Fanny
Loma Gealnys
New York
Olg
Thomas M. Girdler
Republic Steel Corporation
Eugene Grace
Bethlehem Steel Corporation
William A. Irvin
U. S. Steel Corporation
Elmo Garl-Lee
Bolt
Steel
Bulletins
Monticello
J. J. Harrison
Life & Casualty Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!