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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Jun 24, 1939
Page
3
Bruce Catton notes the House approved liberal revisions to old age insurance benefits with a 301 to 2 vote, shifting timing and calculations. The plan raises payroll taxes through 1950s while boosting benefits, risking a future funding gap and possible new borrowing as tax increases lag behind payments.
Washington reports a White House conference on a new lending program to be drafted into bill form and introduced early next week. Senator Barkley indicated opposition may be limited, with questions focusing on loan interest rates, suggesting a likely 4 to 3 percent range but no firm conclusion.
Unusually high prices marked the Sutton & Collier Isles barn sale in Hop fog conistered, with registered cattle commanding up to 125 dollars per head. Registered stock ranged 15 dollars to 125 dollars, non registered cows 10 to 75 dollars, and total Tuesday sales reached 8,363.90 dollars, including 320 head of cattle and 19 hogs. Homer Purtle paid 116 dollars for a months old Hereford bull.
Governor Carl E. Bailey of Arkansas left for Little Rock Friday night after efforts to negotiate a $140,000,000 loan for refunding the state highway debt. He plans to issue a call for the State Board of Finance to meet Monday afternoon and said a test suit would be filed in state court Monday on certain phases of the refinancing plan. He will return to Washington next Wednesday after meetings with bank and investment house representatives. A pie supper is planned at Battlefield on Saturday, July 1 at 8 p.m.
A cryptic note recalls that memory and devotion bind a leader and his all powerful aide. Jeremy L Taylor signs the message, reflecting on loyalty and the enduring role of trusted assistance.
Daring surf board riders headline the July 4th program at Gilliams Landing Lake Hamilton Spa in Hot Springs Arkansas. Eddie Burnsback promo tion manager states the water bronco busting team includes 1 year old Getty Gene Watson of Texarkana and an array of drivers from Texarkana. The outboard racing starts at 1 30 p m with five races and stunts by listed performers.
Washington reports the United States and Great Britain agreed to swap 600000 bales of U S cotton for about 175000000 pounds of British rubber. The storage pact aims to bolster war reserves, with Ambassador Kennedy and Oliver Stanley signing for their governments. Senator Byrnes hailed the deal as a defense measure and noted rubber stocks in the U S are low, risking higher prices and factory shutdowns in war.
This concludes a six part series arguing the dollar’s fate must be settled to restore investment. Flynn urges ending currency fears and devaluation, ending gold profits, and Congress resuming control. He calls for ending price pegging and subsidies, reforming Social Security, opposing the Townsend plan, and quelling war scare rhetoric to revive the economy.
In Belfast Iceland a Rosslea County Fermanagh man was fined for cycling after dark without lights. He told officers his name as De Valera. He was later identified as De Valera Mulligan, named after Eire’s premier, a detail noted in the report.
Flynn outlines a recovery plan calling for war on monopolies and private trade controls, divestment in key industries, wage readjustments, labor rackets crackdown, railroad and utility reform, and a clear tax, spending, and investment framework. He seeks social security revision, currency stability under Congress, and end to war scares while pausing farm price pegging.
The DeQueen Daily Citizen reports Friday that T. J. Prince of Gillham Sevier county is a preacher and pastor of the Gillham Catholic church circuit, linked to the Ashdown hotel fire at Princess hotel. The minister, said to be a relative of BR Jarvis, may have been employed to manage the Ashdown hotel. Also note: seventy five miles of telephone line will be strung in Mont McKinley National Park in Alaska this summer.
Federal spending for the fiscal year reached 9.006 billion on June 21, the highest peacetime total, surpassing the prior 1936 peak after the soldiers bonus. Treasury officials doubt nine remaining days will reach the 9.592 billion forecast, with a June 30 deficit seen about 500 million less than 4.072 billion. Revenues on June 21 totaled 5.585 billion, above the estimate by 65 million. Modern lacrosse traces to the Stickball game of the Indians who still play the ancient form.
A fragmented text presents a puzzle with two true statements among five and asks what is wrong with the others. The list includes unfamiliar terms and garbled phrases about fur, food, refuse matter, a highway name, and a biblical father, indicating a damaged cryptic entry from a historical page.
Kentucky voters face a high stakes August primary pitting Gov Barkley’s backers led by John Young Brown against Gov Chandler’s supporters backing Keene Johnson. The contest centers on delegate selection for the 1940 Democratic Convention and Roosevelt administration influence, with party leaders seeking alignment on New Deal support and old age aid funding. Brown’s Louisville machine faltered without Barkley ally support, while Chandler leverages a stronger statewide organization, making Louisville a key battleground.
The Hope Band Auxiliary named winners of the baby popularity contest. Linda Joe Franks and Billy Wray received trophies sponsored by The Fashion Shop and City Bakery. Due to rain, Saturday’s 8 PM performance of Mystery at Midnight will repeat at City Hall with tickets cut to 15 cents. The high school band will parade Saturday afternoon to advertise the show. Band auxiliary members are urged to attend a 3:30 PM meeting Monday at Mrs. C. Cook’s home.
Rear Admiral Richard E. Byrd told the Boston Globe he would pursue a third Antarctic voyage to map and claim U.S. territory, even if Congress rejects government funding. He aims to raise private funds if needed, unsure if a private expedition could sail before next year. Byrd, in Chicago, discussed using the Bear of Oakland, now being readied in Boston with Diesel engines, and the plan's House floor timing was anticipated.
New Orleans July cotton opened Saturday at 52 and closed at 9.54. Spot cotton closed quiet and unchanged with middling value at 9.45.
A 40 ton flying boat carries 33 passengers including 21 government and airline officials on a preview flight toward Europe, following Lindbergh’s historic North Atlantic path. The Yankee Clipper’s sister ship Atlantic Clipper recently completed a similar preflight from New York to Lisbon.
Baton Rouge La Earl K Long pledged full cooperation with oil producers and the federal government on proration and production promising no fear for oil men if he becomes governor He said he would work with oil interests and avoid a purge or drastic government changes He will succeed Governor Leche who resigns next week Leche announced his resignation and plans to sign a charity hospital contract at Monroe He welcomed WPA investigation efforts and offered state funds up to 39000 for any proven inquiry into WPA activities in Louisiana.
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