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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Mar 10, 1934
Page
3
The State Debt Board announced 160000 in the treasury to redeem 1933 general warrants, backing Governor Fputrell’s sinking fund policy. The piece praises traditional budgeting, warns that public schools face crisis without new revenue, and urges hard measures to collect overdue taxes and state spending restraint.
A federal suit in Jonesboro and now in Little Rock questions whether bondholders hold a lien on all district revenues to repay school bonds and if taxpayers can be forced to levy taxes that finance bonds at the expense of operating schools. Speer seeks to secure bond priority while the state argues its first lien backs past due salaries. the outcome could affect most Arkansas districts.
In Greenville South Carolina four local men including a bank clerk and three officials were arrested on charges tied to a Thursday bank holdup that stole about 50 000. Teller Hugh White the clerk was named in a federal embezzlement warrant with two detectives Henry Lindsay and John Cores and grand jury member Robert Willimon charged with aiding and abetting White in misappropriating bank funds. Officials said they had not yet located the thieves involved.
Mrs. Erma Oden has been appointed postmistress at Fulton. A former schoolteacher, she served as postmistress during the Wilson administration and is the daughter of the Bank of Fulton's long-time head. She taught in Fulton and Johnson County schools for many years and prior to Fulton worked in Pul ton schools.
Walkerville defeats Hope 28 to 26 in quarterfinals of the state interset plastic basketball tournament as Pine Bluff tops Sheridan 28 to 27 and Fordyce beats Crossett. Hope had beat Pea Ridge and Brinkley earlier in the tournament.
Archer Wheatley of Jonesboro reports that PWA allotments for Atkins State Teachers College Conway and Arkansas Polytechnic Russellville are finalized with 45 000 each and contracts expected Monday. He also anticipates a 1 million dollar allotment for the University of Arkansas Pagetleyville and related projects for the Medical School and University. Negotiations for Monticello College are complete as well and design contracts are expected soon.
Washington report: Joseph B. Eastman warned congress of threatened chaos in U S transportation. He urged placing water, motor truck and bus transport under the Interstate Commerce Commission with full authority. He also urged unified rail and water rates, relaxing the long and short haul clause, and shortening limitation periods for carrier claims.
Kiwanis club members at Hotel Barlow Friday night discussed how many men choose their life's work by 21. Only three or four had decided by that age. Speakers shared varied paths from inheritance to hard work and early starts, with several tracing careers in accounting, publishing, pharmacy, life insurance, and farm labor. The program also noted upcoming efforts to engage farmers in local development plans.
Rodney Dutcher reports on a political era described as the dirtiest and meanest in American history. The article debates how government rhetoric was used and how rights were affected, with a focus on accountability and the push for reform.
Frankfort Kentucky editor Vance Armentrout acting for the Louisville Courier Journal was jailed for contempt by the state house committee for refusing to identify a legislator who wrote a column. He was released hours later on a writ of habeas corpus as the dispute centered on journalistic confidentiality. The episode drew protests over press rights and legislative power.
President Roosevelt ordered an immediate halt to carrying airmail by the army air corps except on specified routes and weather conditions after 100 fatalities in the service. Secretary Dern and General staff discussed the action with Colonel Charles A. Lindbergh expected at the White House. Two more pilots died near Cheyenne when a plane struck a power line during a night trial run, bringing the toll to 100.
J Curran Conway of the Little Rock Federal Home Loan bank announced the organization of a Federal Savings and Loan association in Hope for spring. A starting subscription of 26800 was raised from 25 subscribers. Additional subscriptions are invited through S Greening, chairman of the temporary organization committee, as the charter is expected to arrive from Washington around April 15 for the permanent meeting of subscribers.
John Grady Reese, former pastor of the Church of Christ in town, accepts appointment as pastor of the Church of Christ in Little Rock. He served seven years here, resigned last summer, preached at Morriston, and taught at Harding College. He succeeds Rev. Glen A. Parks who served three years and resigned recently. Reese will preach Sunday on "French the Word" with a longer evening sermon.
New York cotton market shows May at 12.48 with open 12.20 high 12.15 and close 12.16. July trades around 12.29 to 12.33 with 12.28-12.30. May falls six points from prior close on the session.
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