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Kingsport Times in Kingsport, Tennessee

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Kingsport Times

Location

Kingsport, Tennessee, United States of America

Date

Mar 09, 1933

Page

1

Zangara Pleads Guilty Murder Charge in Chicago Mayor Slaying

Giuseppe Zangara pleaded guilty to murder related to the attempted assassination of President Roosevelt in Miami. He admitted killing Mayor Anton J. Cermak of Chicago during the incident and agreed to plead to the first count with a second count dropped. Witnesses described the dramatic courtroom proceedings as Zangara, feared for his intent to kill the president, faced sentencing after already receiving an 80 year term for prior related charges.

Miami Fla APJ Giuseppe Zangara Wuilay Anton J. Cermak Chicago Roosevelt Zangara Louis PF. Twyman Zengara N. Vernon Hawso Whorne Tom Armour Thompson Zargrava Amnour Ain Bay Front Park Joseph Giuseppe Amle Thampsen

Cermak Honored as Chicago Mourns Assassinated Mayor

Chicago continues a three day mourning period for Mayor Anton J. Cermak. Crowds line routes as his bier arrives from Miami and a public viewing follows at City Hall before a state funeral service at Chicago Stadium. Gov. Horner and national officials plan attendance with visiting mayors and party leaders discussing succession.

Chicago Mar Anton J. Cermak Miami Pla Presen Cermak Henry Horner Col C. B. Hodgen Frank Hague Jersey City

Banks Prepare to Reopen as Scrip Circulation Expands

Hamilton National Bank received a 750000 dollar scrip shipment from Nashville where printers are producing notes for several banks. Knoxville banks like Commercial Bank and Trust Company have 250000 dollars of scrip printed locally. Reed of Hamilton National cites likely restrictions on individual checking accounts.

Knoxville Mar Ile Sfor Hamilton National Bank Nashville East Tennessee Commercial Bank and Trust Company of JS. Reed

Scrip circulation expands in southern cities

Novelty scrip is circulated across southern cities amid rising business and planned issues. The colorful notes are nicknamed soap wrappers and shin plasters by users who claim they receive 100 cents on the dollar. Tennessee banks are allowed to issue scrip separately.

Atlanta Tennessee

Millionaire Oilman Funds Aid for Needful Students

Fllis Mile Treat, prominent oil and gas operator who died recently, left in his will foundations totaling 1 million dollars to help needy college students. Attorney Carlton E. Ladd said estate depreciation will force manual reductions. Three councils cut original bequests of 40000 dollars each to Buies Creek Academy Buies Creek North Carolina and to Mars College Mars Hill North Carolina.

Buffalo N. Y Fllis Mile ‘Treat Carlton E. Ladd Buies Creek Academy Buies Creek N. C Mars College Mars Hill N.C

Weather outlook for Tennessee and Virginia

Rain in east Tennessee with likely clearing in the west tonight and Friday. Colder conditions expected Friday especially in the west. Virginia forecast shows fair and colder tonight, then cloudy and colder Friday with rain on the coast and possible rain or snow inland. Readings taken at 6 p.m. daily for the prior 24 hours.

Tennessee Virginia

House Labor and Salary Edits From Tennessee Session

The Tennessee House adopts amendments to raise presidents of Tennessee Polytechnic Institute and Agricultural and Mechanical College for Negroes to 2700 annually, matching state normal college presidents. A separate move increases maintenance for inmates at a treble-minced home to 175. An amendment cuts supreme court justices and court of appeals judges’ pay, with proposed rates 6500 and 5500 respectively, effective Sept 1, 1934. The session also considers taxes, public salaries, and education bills.

Associated Press Moore House Senate Supreme Courts Bell Nashville Tennessee Polytechicle Agricultural Ral College Aw & I Walterm. Haynes Franklin State Normal Colleges Johnson City Memphis Marefreesboro C. ©. Woods Rutherford R. G. Holladay Weakley Supreme Court Court of Appeals Holladay Givenit Committee For Judgeys

Aldrich Banking Plan Surfaces as Drastic Reform

Wall Street reacts to Winthrop W. Aldrich’s proposal to segregate deposits from investment banking, extend Glass protections, and curb private bank power. The plan would fold all commercial banks into the federal reserve system, ban private bankers from deposits and bank-director roles, and end security affiliates, signaling a potential shift in national finance policy.

New York Wall Street Washington Winthrop W. Aldrich Aldrich Chase’ National Bank John D. Rockefeller, Jr J. B. Morgan and Company Morgan Congress Federal Reserve System New York Times Total Biom

Movie Stars Accept Pay Cuts to Keep Cameras Rolling

Hollywood stars, directors, writers and others approve salary reductions up to 50 percent for eight weeks to aid major studios during banking holidays. A five member committee from the academy will act as a clearing house for financial problems, with representatives for directors and writers named.

Hollywood Calif Academy of Motion Picture Arts and Sciences Academy William K. Howard Roward J. Green Marie Dressler John Crawford Maurice Chevalier Helen Twelvetrees Sylvia Sidney Richard Arlen Wynne Gibson Clive Brooks John Boles Spencer Tracy Robert Montgomery John Millan Jack Oakie Carole Lombard Randolph Stott John, Barrymore Richard Barthlemess Leslie Howard Board of Directors The

Roosevelt proposes emergency currency expansion bill

President Roosevelt's emergency bank bill seeks congressional approval to ratify executive orders, concentrate gold in Federal Reserve banks, penalize hoarding, and enable controlled currency expansion. Senator Glass introduced the measure. House action expected promptly with passage aimed today.

Washington Mar Roosevelt Congress Federal Reserve Glass Rovinson Arkansas Senate House Robinson Secretary of the Treasury Federal Reserve Bank Federal Reserve Washington Cullen New Ways and’ Means Collier Barre

Bank Situation Little Changed Pending Action

Washington March 9 The Federal Reserve broadened the report on gold withdrawals to cover the past two years as Roosevelt era bank actions unfold. Kingsport First National Bank plans to reopen Friday morning using scrip if required and subject to new federal instructions. Treasury and Fed officials discuss measures, including possible withdrawal taxes and foreign diplomatic fund access.

Federal Reserve Washington Mar Roosevelt First National Bank of Kingsport

Manchukuoan Control Expands Into Jehol Province

Japanese and Manchukuoan forces have overrun Jehol province with towns deserted by Chinese residents. Manchukuoan officials seized governance as propaganda tours followed, covering up to 250 miles of territory. In Chin chow reinforcements failed to retake Kupei pass. 25 Japanese were killed and 99 wounded in skirmishes near Wa kunefu during mopping up operations.

Associated Press Jehol China Chinchow Manchuria Kupei Great Wall Tadashi Kawahara Wa‘kunefu Tokyo Heijiro Haiftori

Roosevelt proposes immediate opening of sound banks

President Roosevelt asks Congress for swift banking action to reopen all sound banks and grant executive authority to control banks and expand currency. He urges urgent measures to cut federal expenses and start a large public works program to provide employment, saying banking legislation will restore public confidence.

Washington Mar Roosevelt Congress Senate House of Representatives United States

Memphis papers clash with police over third degree death probe

Memphis newspapers and police clash as a grand jury probes the death of robber suspect Lloyd Lowe who collapsed while being questioned. Witnesses deny striking him. Lowe’s wife says he was knocked unconscious with rubber hose. A coroner’s jury ruled natural causes earlier, while a hemorrhage of the brain is cited as the death cause. A Tennessee teachers association seeks to extend all expiring certificates to June 30 1984 to aid funding for summer programs.

Memphis Mar Lloyd Lowe Grand Jury W. T. McClain Commercial Appeal W. J. Raney Floyd Wiebenga Lowe

Congress plans sweeping banking bill for currency expansion

Congress moved to empower President Roosevelt to reopen sound banks and authorize large currency expansion. The bill would allow issuance of new currency against government bonds and require joint approval by stockholders and the comptroller of the currency for bank reorganization. It was sent to the banking committee for consideration.

Congress Roosevelt Bim Iumnes Diate Senate House Anay Thore Fletcher Florida Banking Committee

Wall Street debates a foreign exchange czar idea

The idea of a central foreign exchange czar for Wall Street gains discussion in New York. Analysts note a possible federal hub at the Federal Reserve Bank of New York and reference past wartime measures with Bankers Trust executive Fred L Kent serving as a model. No official name is set.

New York Mar Wall Street Long Aga’ Baseball Kenesaw Mountain Landis Will Hays Fred L Kent Bankers Trust Company Ezar Federal Reserve Bank of New York

Also Mentioned on This Page

Moore Flags House Alyse Ten W. W. Aldrich Watch Congress Treasury State Department Acceuile US Banking Bill Washington, Mar Czar
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