Dollar Value Pricked as Financial Skirmish With Britain Started
Washington reports a government move slashing the dollar to 60 percent of its legal value as talks over flexible dollar policy unfold. Treasury Secretary Morgenthau testifies before the Senate Banking Committee on plans to impound gold and stabilize the currency while Congress debates the $2 billion loan and related measures.
MENTIONED IN THIS ARTICLE
Britain
Waslington
Congress
Senator Glass
D-Va
Senate Republicans
House
Frank Vanderuip
Charles E. Coughlin
Detroit
Senate
St Lawrence Seaway
Une Delar
Morgenthau
Treasury
England
Teooseverle
New York Federal
Effect of Plan on Pocket Cash in Dollar Value
Washington January 16 AP experts say President Roosevelt's plan would not change the cash value of a ten dollar bill now but could affect future spending. The $10 could be exchanged for other dollars but gold backing would end. Some rise in prices is expected temporarily as the monetary shift unfolds, with experts split on how long the impact lasts.
MENTIONED IN THIS ARTICLE
Washington
John Doe
Roosevelt
Jagren
Ian
Wee
Doe
Expert criticizes Roosevelt policy noted by Yale professor
Dr. Harry Gunnison Brown of Missouri questions the Roosevelt monetary policy as misaligned with the gold standard changes. He argues gold purchases and possible gold and silver measures should be reconsidered, despite sympathy for administration aims.
MENTIONED IN THIS ARTICLE
Rintows Noth
Harry Gunnison Brown
University of Missouri
Irving Wisher
Yale
Associated Press
Roosevelt
Columbia
Modan
Expert Commends Move on Monetary Policy
Dr Edward S Mead of the University of Pennsylvania writes for the Associated Press from MU Adelphi. He says Roosevelt has not fixed a dollar standard, remains enamored with commodity rubber ideas, and avoids committing to a firm currency content while pushing a bi relative or other stance.
MENTIONED IN THIS ARTICLE
Edward S$. Mead
University of Pennsylvania
Associated Press
MU Adelphia
Roosevelt
Kataken
Dollars and Pounds the Pawns in a Money Contest
New York Jan 16 AP Uncle Sam and John Bull prepare for a finance contest with dollars and pounds as stakes. The U S plans a 2 billion fund to stabilize dollar pound value and bond markets. Parliament estimates near 1.9 billion pounds in anti Healion funds. Analysts debate whether the two powers will cooperate or compete, with likely impacts on world prices and the gold standard.
MENTIONED IN THIS ARTICLE
Uncle Sam
New York
Paws
John Bull
United States
Roosevelt
Congress
U. S
Committee For
London
Cireles
Federal Reserve Bank
Bank of England
Cuba names Hevia president amid revolt fears
Cuba's provisional president Carlos Hevia assumed office at 1 am as rumors of a military revolt and renewed unrest circulated. In Havana demonstrations and two bomb explosions added to the tense scene while Batista pledged army support and debates over control of the Cuban Electric Company intensified overnight.
MENTIONED IN THIS ARTICLE
Havana
Cuba
Carlos Hevia
All Naval Academy
Stradante
Parmer
Gray San Martin
Hevia
Ilis
Carlos Mendieta
Fulgencio Batista
Regina Woul
Cuban Electric Company
Suse
Reconstruction Finance Corp ends foreign gold purchases
Washington reports the Reconstruction Finance Corporation ceases buying gold abroad at noon yesterday. Jesse S. Jonas, chairman, says all pre noon purchases begun before 12 o’clock will be completed and that notes sales for toll have ceased except certificates issued prior to midnight.
MENTIONED IN THIS ARTICLE
Washington
Dan
Reconstruction Corporation
Jesse S. Jonas
Reconstruction Finance Corporation
Toll
Jury Hearing Murder Trial of Dr Wynekoop in Chisago
Twelve jurors hear the murder trial of Dr. Alice Lindsay Wynekoop charged in Chisago with killing her daughter in law. The Central Press photo shows the panel and defendants seated in front and back rows with listed names.
MENTIONED IN THIS ARTICLE
Alice Wynekoop
Alice Lindsay Wynekoop
Chisago
Wiliam A. Grummnitt
Arnold Macoll
Edward J. Healy
Long's State Politics Face Senate Contest Over Election
A formal challenge to Senator Overton's Louisiana election was filed with the Senate by the women's committee, as a report by Senator Connally's special committee rebuked campaign practices and corruption in the state. The inquiry noted opaque donor trails and warned of abuses affecting voters, with Overton's victory not being declared controversial.
MENTIONED IN THIS ARTICLE
Washington
Overton
Senate
Women's Committee of
Louisiana
Connally
Ds Tex
Jun
John H. Overon
Edwin &. Broussard
United States Senate
Huey P. Long
Reel Life's Greatest Lover Real Life Romantic Failure
Hollywood reports on John Gilbert, famed actor, and his string of failed marriages. Fourth wife Miss Bruce, with daughter Susan Ann, recalls his turbulent temperament and career devotion. Exwife Ina Claire cites incompatibility, while Gilbert offers no remarks on the upheaval.
MENTIONED IN THIS ARTICLE
Reel Life
Hollywood
John Gilbert
Mallywood
Virginia Rose
Filmdony
Jove
Les
Joy
Olivia Burrell
Ina Claire
Gilbert
Miss Bruce
Susan Ann
Beverly Hills
Jack
Nic
Miss Claire
Boarder Testifies in Wynekoop Murder Trial
In Chicago on January 16 Enid Hennessey, a minister school teacher living with the Wynekoop family, testified again in the trial of Dr. Alice Lindsay Wynekoop for allegedly killing her daughter in law Rheta on an operating table in the mansion basement. Hennessey resumed after adjournment, Dr. Wynekoop sat listening at the table, and Catherine Wynekoop had no witness aboard as the case continued.
MENTIONED IN THIS ARTICLE
Chigago
Enid
Hennessey
Wynekoop
Alice Lindsay Wynekoop
Rheta
Catherine Wynekoop
Thomas Ahearn
Gunman Barrow frees convicts in Texas prison ambush
Clyde Barrow, identified as the machine gun operator, ambushed guards at the Hasthis State Prison Farm near Huntsville Texas wounding Major Crowson and Olen Bosman. Barrow aided by Lonnie Larker freed Raymond Hamilton and four other convicts, fleeing in a sedan. Warden Ward led a statewide manhunt as officials reported the escaped inmates including Moethvin Calmer Bynes and French. Bonnie Parker’s name appears in reports as a known associate during Barrow’s crime career.
MENTIONED IN THIS ARTICLE
Hmpsvilor
Tex. Dan
Hasthis State Prison
Clyde Barrow
Duve Lew
Raymond Hamilton
Barrow
Lonnie Larker
C. L. Mitchell
Muntsville
Ward
Huntsville
Hamilton
Henry Moethvin
Joe Calmer
W. HH. Bynes
J. B. French
Dallas
Bonnie Parker
Nis
Longs Hencemen Accused of Fraud in Orleans
New Orleans January 16 Arrested in a midnight raid on the parish registration office C S Barnes registrar of voters for Orleans parish and ten other Huey Long organization members were detained then released on habeas corpus writs The group faced charges of tampering with registration books used in the mayoral primary set for January 28 A habeas corpus plea led to the release and further court actions involving Judge Walter Gleason and police officials
MENTIONED IN THIS ARTICLE
New Orleans
C. $. Barnes
Parish of
Orleans
Huey 2 Long
Buy Wind
Jude Frank
Echezabal
Carnes
Walter J. Gleason
Barnesrom
Deputyte
Ken
Hush Willaw
Senator Long
Oliver BP
Car- Vieve
George Beyer
Barnes
Mystery animal terrorizes Hamburg community in Tennessee
Reports from South Pittsburgh Tennessee describe a mysterious creature described as vast as lightning and kangaroo-like spreading fear. It reportedly killed police dogs and geese, prompting residents to arm themselves and stay indoors after nightfall while trackers pursue it near a mountain cave.
MENTIONED IN THIS ARTICLE
South Pittsburge
Tenn
Hamburg
Belde
J. W. Hanenck
Frank Gobk
Oil Code Violation suit targets Standard Oil over premiums
The federal government filed suit in the District of Columbia against Standard Oil Company of New Jersey for violating the oil code by running a boys era contest and distributing premiums. Hearing set for January 30. The action, led by Secretary Ickes, charges the firm ignored requests to discontinue the contest and advertised it by radio. If not enjoined, penalties under the national recovery act could threaten public interests across multiple states.
MENTIONED IN THIS ARTICLE
Washington
District of Columbia
Supreme Court
Standard Oil Company of
New Jersey
Ickes
Oil Administration
Varios
Arkansas
Connecticut
Dalryware
Louisiana
Maine
Marylland
Massachusetts
New Hampshire
New York
North Carolina
Pennsylvania
Rhode Island
South Carolina
Tennessee
Vermont
Virginia
West Virginia
Oil Aditive Board
Interior Department
Standard Company
Weather notes for Tennessee and Virginia
Cloudy and colder with rain tonight in Tennessee and possible rain in extreme east overnight into Wednesday morning. West Tennessee and eastern regions will be colder Wednesday. Virginia sees mostly cloudy skies tonight and Wednesday with cooler temperatures. Readings listed as of 6:09 p m for the preceding 24 hours.
MENTIONED IN THIS ARTICLE
Tennessee
Virginia
Also Mentioned on This Page
Senate Banking Committee
Dr. Brown
France
Gran
Wavana
JAPY
Nvwvncuitive
Suba
Juan Federico Edelmann
RFC
Charles Gyair
Patrick Malloy
Samuel H. Dempsey
Archie J. Bennett
Charles W. Sehmidke
Arthur Cg, Flint
Fred Marsh
Thomas Fleming
William Walsh
Central Press
Long
Boarder
Enid Hennessey
Dawn
Pal
Mystery Animal
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