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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Oct 28, 1933
Page
3
The editorial argues Roosevelt aims to regulate panics by shaping the currency rather than copying Britain’s banking. It contends American prosperity jumps to extreme heights then crashes, unlike England, and warns against graft claims while endorsing measured regulatory reforms to ease future panics.
Dun and Bradstreet notes brighter general business in most districts with retail distribution rising due to cooler weather. Industrial trends show some improvement but lack uniformity. Retailers push seasonal goods amid price rise advertising while textiles, especially women wear, see demand. Wholesale orders dip year over year, though moved volume rises from old contracts. Industrial activity climbs gradually with employment up slightly but overall schedules stay reduced until labor issues clear.
Little Nock reports a new processing tax on hogs effective November 5, 1933 with floor tax on all articles processed from hogs. Processors and wholesalers must inventory on hand as of November 5 and file by December 5. Retailers must inventory by December 4 and file by January 5, 19. A processor is anyone who slaughters hogs for market. producers who slaughter for market qualify. Tax rates rise from 3.50 to 2.00 per hundred pounds live weight across dates, with floor tax tied to inventory forms to be forwarded to taxpayers promptly.
Otto Fertil age 25 was killed and five brothers injured when a truck hit the mule team on a highway near Newport late Friday night. The truck driver fled the scene and is being sought by officers.
The Arkansas state board of education plans a November 6 or 7 meeting to name a successor to Claud M. Hirst as state education commissioner. Hirst retires October 1 but the board will review about 80 applications before filling the post. Bradham of Warren, board president, discussed with Governor Futrell and indicated a November gathering is likely.
Berlin dispatch reports Maxim Litvinov, Soviet foreign commissar, told American correspondents at the Soviet embassy that recognition of Russia could be achieved quickly. He said new relations between two nations affect relations with others and indicated readiness to resume talks with President Roosevelt during a Washington visit.
Retail drugstores gain a seven day operation allowance totaling at least eight hours daily under a new code. No worker except executives or licensed pharmacists may exceed 56 hours per week or 13 days in two weeks, with pharmacists allowed a 10 percent higher limit in emergencies. Wage rules vary by city size, with minimums set at 10 to 14 dollars weekly and a 20 percent regional uplift from July 1, 1933 levels, plus a $1 weekly southern differential.
Georgia plans to end its chain gang system as a new $150,000 prison in Tattnall County nears completion. Hugh Howell, state Democratic chairman, says removing felony convicts will be the administration's aim while other inmates face county responsibility. A Lloyd County suit questions state takeover of misdemeanor prisoners amid federal funding talks for a facility housing 4,000+. Prison officials warn full industrialization requires legislative action.
Rome reports Premier Mussolini told 20,000 veterans that Italy must win primacy on earth and in the skies, both materially and spiritually, as Fascist Italy marked its eleventh anniversary amid sirens and church bells.
A three wheeled streamlined car swerved on South Shore drive and rolled over twice injuring the American driver fatally. One foreign guest from Birmingham and a Pittsburgh cousin of a famed flier died. Two passengers survived and were en route from Akron. The Gulf Refining Company advertised the tour vehicle designed by Bridgeport inventors.
Hope Bobcats prepare for a 2:30 p.m. Saturday kickoff at Ruhrman Field against the Texarkana Razorbacks. Coach Teddy Jones rate the team in fair shape amid minor injuries and a knee issue for Jack Turner, while Texarkana enters light and lightest in years at about 150 pounds. Hope holds a strong season record and many fans travel to Texarkana for the matchup.
Tupelo, Mississippi, becomes the first U S city to secure a Tennessee Valley Authority power contract. The 20 year agreement with TVA cuts local rates, allows sale of power to nearby towns, and sets industrial rates around seven mills per kilowatt hour. Transmission lines will be provided and power deliveries begin February 7, 1984, replacing the Mississippi Power Company purchase. Mayor J P Hanney praised the rate cuts saying industries will feel they have stolen the power.
LITTLE ROCK Three detours were announced by the state highway department. Highway 65 is closed to through traffic from Conway to Harrison, with routing from Conway to Russellville via Highway 64 then to Harrison via Highway 7. An all weather three mile detour remains between Gordon and Prescott due to construction. An eight mile weather capable detour is kept east of Brasfield on Highway 70.
Hempstead County reports $115 raised toward its $200 quota for the Democratic Party campaign deficit in local canvassing led by county manager Steve Carrigan and assistant Roy Anderson. They delivered about half the amount to state treasurer Lee Miles in Little Rock and expect further effort next week.
A large audience attended a Brookwood P T A fashion show at the Saenger theater Friday night. Local girls and men modeled the Hope stores designs with a scenic backdrop from a recent motion picture. Children performed including Jessie Clarice Brown, Joy Ramsey, Sue Henry, Betty Robins, and Jim Henry Jr. Merchants and models were listed with several firms assisting.
Twenty six persons were missing on Lake Winnipeg in Canada as prewinter storms churned up waves. The missing crew and passengers on two lake boats were five days overdue. Owners hoped the craft anchored in sheltered regions. Temperatures fell across the Midwest and Great Lakes with below freezing readings forecast in Minnesota North Dakota Indiana and Missouri. Des Moines saw a brief snow event and St Louis recorded 51 degrees. The Mast region faced another cold wave with possible snow ahead.
The Rail Co-ordinator disclosed letters from steel companies fixing a uniform price of 37.75 per gross ton for first quality rails, and urged the government to withhold loan funds for rail purchases until prices drop to 35 per ton. He cited evidence of prior consultation and lack of competition.
New York Cotton market shows open high low close near 9,69 and 9,699.58 with slight declines from prior close. New Orleans Cotton futures for December raise questions as figures show 9.75 and 9.5L norms while other industrial names like American Can American Smelter Am Tel Tel Anaconda Chrysler Missouri Pacific Sacony Vacuum U S Steel and Standard Oil N J trade alongside.
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