Federal deficit hits 9.25 billion in fiscal year
Washington reports federal expenditures about 9.25 billion dollars, 2.58 billion more than income, with a deficit smaller than expected. Expenditures reach WWI levels while the year ends and the new one begins amid agency reorganizations and continued spending on relief and defense. The national debt tops 40 billion.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Roosevelt
Congress Lastanuary
Ronsevelt
WPA
NYA
PWA
National Defense
AAA
A. F.C
The
Black prisoners executed for disparate 1934 crimes in Arkansas
Three Black men, Jim Caruthers 23, Bubbles Clayton 25, and Sylvester Williams 20, were executed by electric chair at Tucker Prison Farm Arkansas for crimes tied to white girls in Blytheville and Altheimer. Caruthers confessed, Clayton denied guilt, Williams pleaded guilty to rape and murder, with family witnesses present. The case spanned four years through state and federal courts to the U S Supreme Court. A separate note covers Altamont Kansas preacher offering services at picnics to reach worshipers.
U S Scoreboard On Expenditures
The United States government fiscal year ending tonight shows expenditures and deficits over a decade. Expenditures rise from 3.994 to 9.250 billion dollars with deficits peaking in 1936 to 1939, while 1930s figures exclude revolving funds and reflect Treasury data plus near-term adjustments.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Reconstruction Finance Corporation
Monetary compromise to GE talked 10 death
In the Capitol Roosevelt and Taft discussed a possible compromise to extend devaluation power and the stabilization fund. Senate Republicans held a caucus to decide on filibuster and actions on foreign silver buying, price fixing, and domestic silver at 77.57 or 70 cents. Roosevelt said he might go to the Capitol if asked and had spoken with congressional readers by phone.
MENTIONED IN THIS ARTICLE
Senat Republicans
Capitol
Taft
Ohio
Senate
Roosevelt
Congressional
Farmer Keeps Snakes as Aid Against Pests in Oklahoma
Weatherford AP reports J M Kroeker, a 160 acre Pioneer Home steader, shelters snakes in a cottonwood grove. He herds injured rattlers from other farmers to his farm, nursing them back to health. He sees snakes as pest control and keeps only non venomous species.
MENTIONED IN THIS ARTICLE
Weatherford
Okla
J. M. Kroeker
Penny scales give owner good start
A. P. Baker set penny weight scales in front of his store in Las Cruces New Mexico and began a hobby of collecting items people spend for pennies. His finds include Mexican pennies French centavos a Canadian dime a Los Angeles street car token an Arizona sales tax token two trade checks several washers and a lead slug. Oh yes and a couple of good items.
MENTIONED IN THIS ARTICLE
Las Cruces
N. M
A. P. Baker
Los Angeles
Arizona
GUNFELGES GUILT IN HITCH-HIKE SLAYING
Daniel Kent, 32, paroled convict, pleaded guilty to the hitch-hike slaying of Detroit oil promoter George G. Hall in Michigan. He repudiated an earlier confession and accused Ruby Doty of the killing. Kent testified at a justice court exam, then was held for trial in circuit court where he entered a guilty plea under Circuit Judge Kelly Sears.
MENTIONED IN THIS ARTICLE
ST. Johns
Mich
Daniel Kent
George G. Hall
Detroit
Ruby Doty
Hall
Kent
Miss Doty
Grand Rapids
William J. Black
Kelly S. Sears
Pigeons Drop Nails Puncture Tires and Build Funds
In Oklahoma City a church janitor faced daily nails tossed from the roof by pigeons. Reverend Ward Davis warned him to sweep them away, hoping to protect tires, but the birds continued dropping nails staples tacks and washers. The building repair fund holds 11000 to fix the 40 year old church.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Ward Davis
Davis
Irregularities Sought as Louisiana Probe Continues
The Louisiana inquiry into Smith’s resignation and arrest proceeds with General Guerre to confirm details. The university board of supervisors met late, adjourned without comment as Governor Long named Colonel Troy Middleton acting vice president and comptroller to hire an auditor. A Detroit car purchase and a $50,000 life policy were noted. Dr. Paul Herbert spoke of a cautious reorganizing effort to avoid wrongdoing during the investigation.
MENTIONED IN THIS ARTICLE
Smith
General Guerre
University Board of Supervisors
Earl K. Long
Troy Middleton
Detroit
Canada
Paul M. Herbert
Runaway Trailer Causes Narrow Flight Across Station
In Scottsbluff Nebraska AP: George Whitman a filling station operator avoided injury when a runaway trailer sped across the station driveway, narrowly missing him as it rode between pumps and oil racks before stopping near a signboard. Shortly after George Heimbach reported his trailer had come loose and retraced a 12 mile course without finding evidence. he cleared up the matter in a hurry.
MENTIONED IN THIS ARTICLE
Heimbuch
Starkledges Senate bid not surprising in Missouri politics
Gov. Lloyd C. Stark’s single sentence declaration on a U. S. Senate bid drew little surprise among capitol insiders. Reported to be in response to a reporter, the move seems tied to tensions with Sen. Harry S. Truman and the ongoing Stark-Pendergast struggle, timed to avoid disrupting the legislature’s final days.
MENTIONED IN THIS ARTICLE
Lloyd C. Stark
United States Senate
Capitol
Harry S. Truman
Stark
Senate
Kansas City
Tom Pendergast
Truman
Pen dergast purge dominates politics and campaign
The piece argues that the Pen dergast purge reaches its peak with the governor nearing full control of the police and a renewed bid for the Senate amid national presidential ties. It notes the governor’s calendar and the Kansas City machine fight shaping the 1940 political scene and campaign records around revaluation and police control.
MENTIONED IN THIS ARTICLE
Kansas City
Capitol
Senate
Stark
Undistributed Profits Levy and 1939 40 tax revisions
The report notes a revised undistributed profits levy led by changes in capital gains provisions, allowing losses on assets held under a month to offset same year gains, with carryover rules for excess losses. It outlines stock valuation boosts for tax purposes and remarks most corporate tax effects begin with 1940 taxes. It also cites total major motor vehicle taxes paid in 1938 across government levels at over $1.525 billion.
Roosevelt proposes budgetless 3.86 billion lending program
President Roosevelt urges financing the 3.86 billion lending plan outside the federal budget by having agencies borrow from the public on treasury guaranteed bonds. Critics call it a double budget and debt while many federal corporations already issue self guaranteed securities. The program would place about 1.6 billion in new debt for local government loans via a proposed Federal Works Agency.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Treasury
Byrd
D-Va
Senate Economy
Blicc
Dovice
Leonard F. Avis
Cleveland
Reconstruction Finance Corporation
United States Housing Authority
Commodity Credit Corporation
The
Home Owners Loan Corporation
Federal Farm Mortgages Corporation
Federal Works Agency
Touild
Federal borrowing for rural roads farms exports and housing
The Rural Electrification Administration will borrow about 460 million dollars to lend to local rural power line groups. The Farm Security Administration will borrow 500 million to finance tenant farmers buying land. The Export-Import Bank will borrow 500 million to finance exports. The United States Housing Authority will borrow 800 million for low cost housing.
MENTIONED IN THIS ARTICLE
Rural Electrification Administration
Farm Security Administration
Export - Import Bank
United States Housing Authority
Relief compromise clears house amid budget fighting
A relief compromise gains 9 votes in the House as the package totals 143 million, a fifty fifty compromise with the Senate. Senate members reduce the National Youth Administration appropriation from 100 million to 23 million as requested by Roosevelt.
MENTIONED IN THIS ARTICLE
Cornty
House
Senate
National Youth Administration
Roosevelt
Also Mentioned on This Page
Altamont
Kans
Hector Green
Jack” Miller
Billie Archer
U. S
Gunfelges
Louisiana
W. McCarty
California
Sunkist
Elberta Freestone
Pearl
Calif
Mator
Savoy
Penney’s
Penney Company
Connie’s Tap Room
Clark Ave
Capital City
Griesedieck Bros
St. Louis
Griesediege Bros. Brewery CO
Griesedieck
Pai
McRow
KMOX
Frank Eschon
Roy Brocktom
B. M
Alurdey
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