National Recovery Act proposed to reshape industry control
A sweeping bill titled the National Recovery Act would relax anti trust rules and empower a seven member federal board led by commerce and labor secretaries to set prices and regulate wages. Backed by the National Association of Manufacturers and the Chamber of Commerce, the plan envisions self organized industry groups and price stabilization with government supervision.
MENTIONED IN THIS ARTICLE
Roosevelt
Wagner
New York
War Industries Board
Washington
Federal Trade Commission
H. S. Harriman
Chamber of Commerce of the United States
Congress
House of Representatives
Commerce and Labor
National Board
President urges quick action on railroads aid act
In a brief message to Congress the President asks immediate passage of a National Recovery act to rescue railroads. He proposes a federal transportation coordinator with one year authority to cut duplicate services and waste, place holding companies under the ICC, repeal the recapture clause, liberalize rate making, and modify valuations. immunity from anti trust prosecutions during emergency control is planned.
MENTIONED IN THIS ARTICLE
White House
Congress
Interstate Commerce Commission
Franklin
House
Senate
Federal Reserve Banks
Roosevelt Addresses Chamber Dinner on Recovery and Reforms
M Roosevelt told the Chamber of Commerce that he would not impose bureaucratic control if industry accepts three pledges. Wage floors should hold and rise with progress, business must curb cutthroat competition, and leaders should pursue national recovery rather than narrow industry gain.
MENTIONED IN THIS ARTICLE
Roosevelt
Chamber of Commerce of the
United States
Farm Bill Rift Triggers Des Moines Farm Holiday
House accepts an inflation rider but rejects the senate price setting provision for basic farm commodities delaying enactment. Farmers respond with a Des Moines convention order for a May 13 farm holiday urging producers to withhold eggs vegetables and milk to pressure policy change.
Roosevelt Holds Talks With Latin Diplomats On Wheat Surpluses
President Roosevelt met with Latin American envoy Thomas Le Breton of Argentina and Ambassador Espil to discuss monetary and trade issues and world wheat surpluses. Italy’s Guido Jung arrived for talks on economic matters while Augusto Rosso handled disarmament and political topics.
MENTIONED IN THIS ARTICLE
R. Roosevelt
Thomas le Breton
Argentina
White House
Espil
Doctor le Breton
Wallace
Guido Jung
Italy
Washington
Roosevelt
Augusto Rosso
Hitler advances in Germany by purging unions and elevating Nazi control
Following a May Day pledge to draft youth into a labor army, Adolf Hitler moves to dissolve free trade unions, seizes union premises and labor banks, and arrests leaders. Dr. Robert Ley states the new NS state will group labor by profession and guilds will form. Berlin and Cologne universities purge twenty-one and nine professors respectively for anti Nazi sentiment.
MENTIONED IN THIS ARTICLE
Adolf Hitler
Germany
Robert Ley
States’ Council
Hitler
Central Association of German Banks
Bernhard Rust
Berlin University
Cologne University
Senate approves Norris bill to run Muscle Shoals project
JncLe Sam gains authorization to enter the power business for the senate by a 63 to 20 vote, passing the Norris bill for development and operation of the Muscle Shoals project. The house had approved a nearly identical measure, sending it to the President for signature.
MENTIONED IN THIS ARTICLE
Senate
Muscle Shoals
House
Roosevelt selects Bratton for federal judgeship and other appointments
RESIDENT ROOSEVELT has selected Sam G. Bratton of New Mexico for a federal judgeship in the Tenth Circuit. Bratton will not resign from the senate until the special session ends. W. A. Julian of Ohio becomes treasurer of the United States and Dean G. Acheson of Connecticut will be undersecretary of the treasury. The Century of Progress exposition opening date is moved to May 27 to fit President Roosevelt’s schedule, with a Great Lakes to Gulf waterway ceremony at the Chicago river mouth on the same day.
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Roosevelt
Sam G. Bratton
New Mexico
Tenth Circuit Court of Appeals
Colorado
Oklahoma
Kansas
Wyoming
Utah
Bratton
Senate
W. A. Julian
Ohio
United States
Dean G. Acheson
Connecticut
Treasury
Chicago
Chicago River
Washington
Congress
Franklin D. Roosevelt
Courts
Supreme Court of the United States
Oliver Lodge
Napoleon
Soviet Ties With Nationalist China Alight Post War Rift
Soviet ambassador Dimitri Bogomoloff presented credentials in Nanking as China seeks Russian trade privileges and backing over Manchukuo. Germany pushes disarmament shifts at Geneva while Nadolny defends German rearmament and storm troops move. Gold hoarders resist treasury orders amid looming court challenge. Roosevelt era power shifts see Congress cede authority to the President across banking, reorganization, inflation and mobilization plans.
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Soviet
Russia
Dimitri Bogomoloff
Moscow
Nanking
Japan
China
Liaotung Peninsula
Manchuria
Morality and science in a 1930s musings column
The writer ridicules the lack of “woman sense” in men like Jim Stillman of New York, contrasts him with the virtuous elder J P Morgan, praises fair favoritism and capable sailors, and commends scientists and honesty. He reflects on a sailboat tale of German boys near Cape Horn and critiques self deception in fiction by N G Wells and Alfred Payson Terhune.
MENTIONED IN THIS ARTICLE
Jim Stillman
New York
Stillman
J. P. Morgan
Morgan
Morgan the Magnificent
N. G. Wells
Alfred Payson Terhune
Mr. Wells
Mr. Terhune
Bell Syndicate
WNU
Peru names temporary president after assassination
President Luis M. Sancho Cerro of Peru was killed by Abelardo de Mendoza, an Aprista, after reviewing 20,000 conscripts for the war with Colombia. Mendoza was killed by presidential guards. Congress appoints Gen. Oscar Benevides as temporary president.
MENTIONED IN THIS ARTICLE
QVXE
Luis M. Sancho Cerro
Peru
Abelardo Dé Mendoza
Aprista
Colombia
Mendoza
Oscar Benevides
Cuban rebellion breaks out near eastern coast
Dispatches report a real uprising against the Machado regime with two expeditions landing at the island's eastern end. The government claims easy suppression while fighting continues and some opponents suggest the revolt was a setup engineered by the president.
MENTIONED IN THIS ARTICLE
Cuba
Machado
Retiring Chicago Judge George A. Carpenter Resigns
District Judge George A. Carpenter of Chicago sends his resignation to the President effective June 30. Age sixty six, he says the ravages of time make daily judicial duties too taxing after 23 years on the bench. Reported by 1952 Western Newspaper Union.
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United States
George A. Carpenter
Chicago
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Edward W. Pickard
Sen. Wagner
Iowa
C. C. Bradley
le Mars
Wile
London
Raymond Moley
Henry Morgenthau, Sr
Turkey
James M. Cox
Morgenthau
Geneva
Organization Committee
Norman H. Davis
MacDonald
British Board of Trade
Walter Runciman
Ermany
Raudolf Nadolny
Nadolny
Committee On Armies
Bank of International Settlements
Department of Justice
Supreme Court
Howe
Stillman and Morgan
Thomas
Calvin Coolidge
Coolidge
Robinson
Arkansas
Huey Long
Louisiana
Senator Long
Kingfish
Western Newspaper Union
ED Howe
Cape Horn
William Bruckart