Budget turmoil drains U.S. war debt figures
Washington reports a paper loss of more than 1 million dollars on the war bill as House Democrats plan to press tax and levy changes. Debate on the measure runs six hours with a prospect of a vote Friday as officials weigh depreciation and currency issues affecting debt payments due June 15.
MENTIONED IN THIS ARTICLE
Washington
United Press House
Cea
United States
Doughton
Ways Gold, and Means Committee
Harrison
D-Miss
Senate Finance Committee
Coughton
U. S
Hunt for Body of Frank Redd Chauffeur in Mississippi
Search conducted for Frank Redd, 26, a former chauffeur for Grace Carolyn Thomasson, widow of Hugh W. Thomasson. Redd fell into the Mississippi River Sunday morning while helping to daunt a boat. a life preserver was thrown but he did not reach it.
MENTIONED IN THIS ARTICLE
Louis
Frank Redd
Grace Carolyn Thomasson
Hugh W. Thomasson
Redd
Mississippi River
Legislature Overruns General Revenue By Large Margin
Extra. Session. Unlikely The legislature overran the general revenue fund by about 2.18 million after public school support. The state tax commission estimated available revenue at 14.67 million, with 1/3 of general revenue already pledged. Senator Hales led a review with the governor to balance the 1933-24 budget amid talk that no special session and no new revenue may be needed.
MENTIONED IN THIS ARTICLE
General Revenue Fund
State Tax Commission
David L. Hales
Eminence
Senate Appropriations Committee
Morgan Excerpts Highlight Private Bankers Power and Duty
Excerpts from J P Morgan statements stress private bankers as national assets driven by public trust and credit. They affirm adherence to a professional code, caution against forced board placements, and urge strong deposits and disinterested client advice. A May 23 report notes Senate Finance Committee delaying its Helvering internal revenue appointment inquiry.
MENTIONED IN THIS ARTICLE
Washington
Aury
Senate Finance Committee
Guy T. Helvering
Kansas
Internal Revenue
Morgan Defends Private Banking Role Before Senate Panel
J P Morgan testifies on private banking duties and ethics at a crowded Senate inquiry. He argues private bankers can aid industry, provide capital, and serve as directors, while maintaining sound deposits and reputations, despite criticisms of private banks. He notes 20 partners meet daily with no minutes kept for two decades.
MENTIONED IN THIS ARTICLE
M. W. Newbold
Philadelphia
John W. Davis
J.P. Morgan and Company
Morgan
Senate
Benkers
Esteen
Iowa Woman Dies in Auto Crash Near County Line
M. McCumber 69 of Lorima Iowa was killed and her daughter Myrtle Peterson seriously injured when the car plunged over an embankment on U S Highway 65 near the Stone Tenney county line early this morning. Peterson was taken to a local hospital.
MENTIONED IN THIS ARTICLE
M. McCumber
Lorima
Iowa
Myrtle Peterson
Stone- Teney County
U. S. Highway 65
Peterson
Hera
Missouri Pacific property deals challenged in court
MO PAG DEALS FOR PROPERTY ARE DEFENDED. In St Louis on May 23 AP reports the Reconstruction Finance Corporation seeks a court order to investigate Missouri Pacific Railroad property purchases and sales. The petition cites a $20,334,262 terminal property deal in Kansas City and a St Joseph belt railway, tied to Allegheny Corp and the Van Swearingen family.
MENTIONED IN THIS ARTICLE
ST. Louis
Reconstruction Finance Corporation
Missouri Pacific Railroad
Federal Loan Agency
Kansas City
St. Joseph, Mo
R. F
le! W. Baldwin
Faris
Interstate Commerce Commission
St. Joseph
Roosevelt Suggests Camps for Jobless Women in Nurseries
Mrs. Franklin D. Roosevelt proposed during a Washington press conference that unemployed women could work in nurseries, a plan she called potentially practical to aid employment. She noted she had asked for further discussion on the idea and its implementation.
MENTIONED IN THIS ARTICLE
Washington
Franklin D. Roosevelt
Park promises lower Missouri auto license fees next session
Governor Guy B. Park told a Lexington and Ozark Short Line Association meeting in Kansas City that auto license fees in Missouri will be reduced at the next legislature. He said the fees stayed unchanged due to the need to fund road construction, noting $10,000,000 will be spent on farm to market roads this year and 9,000 workers could be employed in the project.
MENTIONED IN THIS ARTICLE
Kansas City
Lexington and Ozark Short Line Association
Guy
Park
Missouri
Husband open to funds for women if demand exists
The source records a remark attributed to a husband who suggested that foresight funds could be allocated to women if sufficient demand existed. He stated he saw no reason against it provided there was demand from women.
Receivers seek larger funds for Frisco subsidiaries
In St Louis on May 22 AP reports receivers for the Frisco Railroad ask Federal Judge Faris to allow monthly advances up to 75000 to cover deficits of the Frisco system and its Quanah Acthe 2nd Pacific and Fort Worth and Rio Grande subsidiaries. They say freight traffic will rise in six months and current 200000 monthly interchanges must be safeguarded.
MENTIONED IN THIS ARTICLE
ST. Louis
St. Louis-San Francisco
Frisco
C. B. Faris
Quanah
Acthe 2Nd Pacific
Fort Worth
Rio Grande
James M. Kurn
John G. Lonsdale
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New York
Mary Louie Ulmer
Pottsville
Lincoln Elsworth
Chevrolet
J. P. Morgan
Ferdinand Pecora
Townsend
Fletcher
Pecora
Goldsborough
Barkley
McAdoo
Calif
Davis
Senator Bukley
Ohio
Senator Costigan
Eckly
Federal Reserve System
Reconstriction Finance Corporation
Astvice
Benker
Chinaware
Bunklin Se
R. F. Williams
Stuyvesant Ave
Irvington
N. J
Medicing
Milliad Drug
Atali
Westinghouse
Crevelt