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Newspaper
Monahans News
Location
Monahans, Texas, United States of America
Date
Jun 22, 1933
Page
6
Opinion column notes that carelessness worsens harm from depressions and disasters. It cites earthquakes and wasteful habits, mocks overambitious reformers, and lists fifteen Americans with Franklin, Hamilton, and Adams among clear picks, while recounting personal anecdotes from Miami and Indiana about manners and social behavior.
AMSAY MACDONALD opens with a challenge to war debts as Britain, France, and Italy press for settlements. Hull and U.S. delegates protest. Roosevelt signals cautious acceptance of a partial payment while seeking debt reform. Britain offers 10 million dollars. silver payments from India cited under the inflation bill.
Secretary Hull spoke as the third speaker and avoided replying to war debts. He urged renewal of Roosevelt’s tariff truce, removal of trade barriers, and ending nationalist economic policies. He argued a successful conference is key to global business recovery.
The French premier Daladier urged stabilizing the dollar and pound on a gold basis to end the currency war. He warned that currency fluctuations undermine a world tariff truce aiding conference success. Only 15 nations back the temporary truce as France resists renewal amid new conditions.
Congress stayed in session amid disputes over veterans benefits and a looming June adjournment. The Senate accepted the Cutting Steiner amendment raising compensation by about 135 million dollars after initial opposition, while the House signaled agreement with the President. The bill passed 45 to 86 and Congress adjourned.
The Senate passed key measures demanded by the President, including the public works industry control act and the Glass-Steagall banking bill setting deposit guarantees, plus the fourth deficiency bill with large peace time appropriations. The home owners loan act creating a 2.2 trillion dollar mortgage relief corporation was signed, with a mortgage forbearance appeal issued. Opposition formed around Gen. Hugh Johnson’s authority, while executive restructuring aimed to save over 25 million dollars.
Massachusetts moves toward repeal as electors elect 45 delegates by about four to one for a constitutional convention. Boston shows a strong no license vote eight to one with James Roosevelt among the delegates. Local communities largely approve license, few oppose it.
Joseph B. Eastman of the Interstate Commerce Commission is named federal coordinator of transportation under the Emergency Railway Act. He opposes labor clause limits on cutting operating forces but expects progress. Railroad leaders seek a 22 percent wage-scale cut and authorize a nine member panel to bargain with unions. If talks fail, mediation, then arbitration, then possible emergency actions lead to a fact finding within thirty days.
Mrs Roosevelt tells Washington correspondents about the Dallas airport photo incident with Gov Ferguson and her husband. She says she was eating breakfast and asked photographers to wait. after she finished, the Fergusons left in a huff.
Secretary of Labor Perkins announced President Robert Hutchins of the University of Chicago will chair the advisory committee for the new federal employment service. Senators R F Wagner and AFL President William Green and Chamber of Commerce chief Henry Harriman were invited to join. The House approved a resolution for a congressional probe of judges in receivership cases, with Sabath and Celler as sponsors. Chicago is slated as an early focus due to a Chicago Bar Association report criticizing Judge Frederick E. Woodward over a quarter million in receivers’ fees.
Chancellor Engelbert Dollfuss leads a determined resistance against Hitlerism as Austrian authorities arrest Nazi figures, claim more than ten percent are German, and protest over the arrest of Theodore Habicht, a claimed league leader. German retaliation expels Dr. Irwin Wasserbaeck from Berlin, straining Austria Germany ties.
A statement to the League of Nations and others denounces China’s truce with Japan as a surrender pact and warns of civil war if the Nanking regime persists. The council vows to safeguard China’s honor and vital interests. Paraguay informs the League it rejects new arbitration terms with Bolivia over Gran Chaco territory.
Dispatches from Paris report the Prince of Asturias intends to wed Edelmira Sampedro a Cuban commoner despite Alfonso’s opposition. He allegedly signed a document relinquishing all throne rights for himself and his descendants in favor of his brother Don Jaime at the demand of Alfonso’s emissary.
The article argues the U S presidency imposes heavy strain even with aides. It recounts Roosevelt's banking crisis response, the 15 day banking holiday, and ongoing pressure from lawmakers and the press. It notes presidents seek periodic rest while still leading, with examples from Hoover Coolidge Harding Wilson and Taft.
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