02 Feb 1933
Page 1
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Newspaper
Jefferson City Post Tribune
Location
Jefferson City, Missouri, United States of America
Date
Feb 02, 1933
Page
1
Washington reports the seven month deficit of the 1933 fiscal year at 1,271,721,031 while total receipts reach 1,138,505,910 and expenditures total 2,410,226,941. Public debt climbs to 26,801,107,134, up nearly 5.3 billion in 13 months. Revenue drops despite new taxes. income tax for seven months 358,836,709 versus 885,817,908 a year prior.
The House Elections Committee recommended unseating Republican Lee W. Hurst of Stone County and seating Democrat H. J. Warren after an 8 to 4 vote. If approved, Democrats rise from 138 to 139 seats, Republicans fall to 0 with one vacancy from the death of A. Roaen, and Mrs. Gladys B. Stewart seeks to unseat R. P. Weeks. Jerome Walsh, former representative, spoke for Stewart.
The article outlines a broad New Deal vision proposing reforestation across Virginia to Mississippi, creating 30,000 to 70,000 jobs, boosting flood control basins and power at Muscle Shoals to 2 3 million horsepower, and restoring bottom lands for farming. It emphasizes tying developments into one comprehensive plan while delaying power specifics and nitrate plant use. Also notes a gelatin tip that would thicken catsup and cut cooking time.
Earl G. C. Smith, head of the Illinois Agricultural Association, urged the Senate Agriculture Committee to keep hog benefits in the domestic allotment bill. He argued the proposed price rise would be small and the benefit to farmers large, saying the increase would add about 10.80 per year to a family of four while boosting farmer buying power by 200 to 250 million dollars. He disputed claims the bill would make pork unsaleable, noting a 20 percent production cut would adjust supply and demand.
In Falls City Nebraska a farm sale showed Old Debbin make a comeback as bids rose for a team of horses and a tractor. The horses sold for 194 dollars while the 800 dollar tractor drew strong bidding and fetched a high price.
Europe remained Americas top trading partner in 1932 despite reduced trade. It bought $784,624,587 of American goods and supplied $388,988,351 worth of imports, with exports totaling $1,186,084,251 in 1931 and imports $640,096,419.
Washington AP February 2 tariff commission chairman Robert L. O’Brien urged lawmakers to reject the Crowther bill boosting tariffs while warning against leaving the gold standard. He argued voting February 13 would imply economies off the gold standard fare better, and mocked treatment of the plan as a clinical remedy.
In Geneva on February 2, Count Rudolf Neudeniy, Germany’s delegate to the world disarmament conference, rejected the French demand to tie disarmament to extra security guarantees. Hitler’s spokesman argued the League covenant already commits nations to gradual disarmament as the path to peace and safety for all states, noting additional security bulwarks have since been built.
In Tronton Missouri on February 2 AP reports Iron County Bank of Ironton Bank of Ironton and Bank of Arcadia closed doors to consolidate into a single bank. Fern Willard, a state bank examiner, will supervise the three banks during the consolidation and coordination with officials.
Junior High School announces third six weeks honor roll with students earning S or better in core subjects and M or better in all special subjects. Ninth grade list includes Margaret Balkenhof and others. eighth grade, seventh grade names follow. note on protecting a baby's head and eyes from direct sun.
MU economist R Johnson urged broad money and credit expansion to lift prices, stimulate production, and reduce unemployment. He backed coordinated international price level gains, fewer trade barriers, and delaying foreclosures, warning of chaos if the financial system remains unrepaired.
M. H. Ramstead of Milwaukee reports a simple home treatment cured his stomach ulcers gas pains indigestion and constipation after years of suffering. He lost weight and slept poorly before healing. He offers to share details and a free trial by mail, with no obligation.
Metropolitan police investigated after an armed man was seen near Senator McGill of Kansas at his home last night during dinner. The senator reported a noise, glimpsed a man with a double-barreled shotgun from a window, and officers found footprints outside. He knew of no reason for the intrusion.
The Brogan Doran Nolte repeal bill cleared the Senate Criminal Jurisprudence Committee with favorable notes while a House panel backed a companion bill by Representative William Lafferty. Nolte withdrew his own measure at executive session as Brogan and Doran pressed the repeal. Mary E Hyder led advocacy for the bill. foes fought to block it amid a broader push to legalize 32 percent beer by weight and to set a moratorium on further action.
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