Gold decision sparks business optimism and steel expansion
News reports from New York on February 20 indicate many business leaders expect higher demand and profits after the Supreme Court gold decision. United States Steel announces a 47 million dollar modernization plan with 15 million for American Sheet and Tin Plate mills in Gary Indiana and a 5 million wide sheet mill for Carnegie Steel. Industry officials predict accelerated credit use, rising prices, and improved factory activity across textiles and manufacturing as confidence returns.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
United States Steel Corporation
New York Times
U. S. Steel
American Sheet and Tin Plate Company
Gary
Ind
Carnegie Steel Company
G. H. Dorr
Cotton Textile Institute
Lewis H. Brown
Bohns-Manville Corporation
Mid-West
Political Issue Seen In Decision
Washington observers see a potential political issue from the supreme court gold decision as officials and legislators consider its impact on election campaigns. Some think bondholders may become organized to carry the discussion into future political battles.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Shadow of Axe Falls on More Alleged Spies
Berlin reports the executioner's shadow fell on two more convicted spies in Ploetzense prison. A former naval technician is one of the condemned. both identities are officially secret. They await the same fate as Benita von Falkenhayn and Renate von Natzmer.
MENTIONED IN THIS ARTICLE
Berlin
Ploetzense
Benita von Falkenhayn
Renate von Natzmer
State Senator H Hays Lewis Acquitted in Gambling Case
Miami February 20 state Senator H Hays Lewis from Marianna was acquitted in four minutes on grand jury gambling charges. Prosecutors planned cases against five others linked to him including Lucy Cotton Thomas Magraw and her husband William lessees of the Deauville resort hotel. Several figures remained to be tried including Judge E C Collins and Tropical Park officer William V Dwyer.
MENTIONED IN THIS ARTICLE
Miami
Fla
H. Hays Lewis
Dade County
Lucy Cotton Thomas Magraw
William
Deauville
Miami Beach
Lewis
Upstate Marianna
E. C. Collins
William V
Big Bill” Dwyer
Tropical Park Race Track
On Palm Island Club
Biscayneay
Samuel D. McCreary
Harold Ross
Magraws
Renew Campaign On Hex Spells In Pennsylvania
In Pennsylvania Dutch country the case of eight month old James Leroy Fritz who survived a forehead slash by his older brother spurred officials to reopen a campaign against witch doctors and hex spells. District Attorney John C Youngman said the baby narrowly escaped death after rituals in Salladsburg. The family had called a witch doctor for a pow wow and later the older brother used a butcher knife. The incident prompts a health department inquiry and a broader look at local superstitions.
MENTIONED IN THIS ARTICLE
Williamsport
James Leroy Fritz
State Department of Health
John C. Youngman
Fritz
Salladsburg
Sheriff probes triple slaying. farmer held in Malvern
Sheriff T S Fisher announced he has a man named Lloyd Dowell in custody and expects two more arrests as investigations continue into the January disappearance and the discovery of Walter Ray his wife and their 18 month old son shot and killed near L Eau Frais creek. Authorities report threats against Ray and rumors of expulsion as the case unfolds.
MENTIONED IN THIS ARTICLE
Malvern
Ark
T. S. Fisher
Walter Ray
Here
Fisher
Lloyd Dowell
Ray
Rays
Brown Spring
Registrar Lee Smith named to replace Mangham in Red River
Lee Smith is commissioned registrar of voters for Red River parish by Governor O K Allen to replace A F Mangham after removal by the parish board of registration. Smith was chosen by the parish police jury as Mangham’s successor and commissioned in conformity with the selection.
MENTIONED IN THIS ARTICLE
Baton Rouge, la
Lee Smith
Red River Parish
O. K. Allen
A. F. Mangham
Parish Board of Registration
Smith
Mangham
Roosevelt to sign seed loan bill and outline funding plan
President Roosevelt announced he would sign the 60 million dollar seed loan bill and send a message to Congress about funding. He planned a Boston trip to see his son Franklin join the Harvard Fly Club, then return to Hyde Park. He discussed possible super highways funded per state plans and a new subsidies system for shipping with a future transportation agenda.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Boston
Franklin
Harvard Fly Club
Hyde Park
N. Y
Naval Secretary Opposes Airships Directioned for Commercial Use
Secretary Swanson stated he would oppose further navy dirigible construction. He said dirigibles may have commercial value but not military use and noted unlikely congressional funding. He cited criticism for not recommending dirigibles and mentioned a science advisory board led by Dr. Carl T. Compton to study commercial purposes.
MENTIONED IN THIS ARTICLE
Washington
Swanson
Carl T. Compton
Massachusetts Institute of Technology
Choctaws Stage Strike In Mississippi Protests
The Choctaw Indians in east Mississippi have gone on strike protesting grievances. They closed two government schools for Indian children and refused to patronize three others and the local Indian hospital. They demand T J Scott return to the Choctaw reservation in Leake and Neshoba counties. An inspector from Washington joined officials in the area amid the protest.
MENTIONED IN THIS ARTICLE
Philadelphia
Miss
Mississippi
T. J. Scott
Iowa
Leake
Neshoba
A. C. Hector
Department of Justice
Washington
Department of the Interior
Breach in Hauptmann’s legal team appears healed
Egbert Rosecrans announced that the rift among Bruno Hauptmann’s attorneys has been ironed out after a New York conference with Edward J. Reilly. Reilly will meet New Jersey defense staff to decide the next step in the appeal from the death sentence for the Lindbergh kidnapping.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Bruno Hauptmanns
Egbert Rosecrans
Rosecrans
New York
Edward J. Reilly
Reilly
New Jersey
Hauptmann
C. Lloyd Fisher
Frederick A. Pope
Hauptman
Court of Errors and Appeals
Punishment Promised To Trapping Violators
Armand P. Daspit, director of the fur and wildlife division, warns that trapping after the 1934-35 season ends today will lead to arrest and confiscation of furs and traps. Buyers of furs face similar action after licenses expire March 1.
MENTIONED IN THIS ARTICLE
New Orleans
Louisiana
Armand P. Daspit
Fur and Wildlife Division
Department of Conservation
Daspit
Missing Newton magnate Moses Gulesian last seen after club dinner
Moses H. Gulesian a 71 year old former Boston Newton real estate magnate and millionaire was reported missing by his son in law James L. Beck of Newton Center. Beck said Gulesian attended a Sons of Veterans dinner at the University Club in Boston last night and his abandoned car was found near the club.
MENTIONED IN THIS ARTICLE
Newton
Mass
Moses H. Gulesian
Boston
James L. Beck
Newton Center
Beck
Gulesian
Sons of Veterans of the American Revolution
University Club
Trinity Place
Commonwealth Avenue
Swanson to provide data on navy bidding collusion claims
Secretary Swanson said he would forward any Navy data to the Senate munitions committee regarding charges that navy officers encouraged bid collusion on warships. He would not reveal the committee's request details at his press conference. A separate note from the Senate panel said it was unsure in advance which ships would be obtained under the 1933 naval construction program.
MENTIONED IN THIS ARTICLE
Washington
Swanson
Senate Munitions Committee
Navy Department
Navy
Senate
Law's validity questioned in federal court
New Orleans federal district court hears an intervention by Louisiana Attorney General Gaston Porterie challenging the Fletcher Wilcox debt readjustment act as unlawful federal overreach. The petition argues the act conflicts with the Tenth Amendment and that the plan offers only a moratorium, not debt adjustment, while banks are implicated in backing New Orleans open city accounts.
MENTIONED IN THIS ARTICLE
New Orleans
Gaston L. Porterie
Huey Long
O. K. Allen
Roosevelt
National Conference of Mayors of the
United States
Congress of the United States
Congress
Long
Guard stationed in registration room is removed
In East Baton Rouge parish a militia guard was posted in the voter registration office after registrar Alfred Persac said a girl clerk needed protection from surly Negro applicants. Two guardsmen were sent and then removed. Persac, aligned with Huey Long, requested protection.
MENTIONED IN THIS ARTICLE
Baton Rouge
East Baton Rouge Parish
Alfred Persac
Registrar of Voters
Persac
Huey Long State Administration
Mellon Secretary Testifies on 1931 Stock Short Sale
Howard M. Johnson testified before the board of tax appeals that Andrew W. Mellon sold 2,500 Westinghouse shares short in 1931 while secretary of the treasury. He said one block yielded a $72,250 profit and the other a $58,300 loss. The government seeks a large refund amid fraud charges.
MENTIONED IN THIS ARTICLE
Pittsburgh
Andrew W. Mellon
Howard M. Johnson
Board of Tax Appeals
the Treasury
Johnson
Mellon
Westinghouse
Roosevelt urges two year extension of national recovery act
President Roosevelt recommended to Congress a two year extension of the national recovery act with renewed fundamental principles. He called for federal power to set minimum standards in labor relations and fair competition, banning child labor and supporting collective bargaining.
MENTIONED IN THIS ARTICLE
Congress
Roosevelt
NRA
NRA Investigation Resolution Approved
The Nye McCarran resolution to investigate the NRA and the administration was approved by the Senate Finance Committee with an amendment directing the inquiry during the drafting of new recovery legislation. Action followed before a Roosevelt message on the recovery administration’s future.
MENTIONED IN THIS ARTICLE
Washington
Nye-McCarran
NRA
Senate Finance Committee
Capitol Hill
Roosevelt
Dividend Declared by American Telephone and Telegraph
New York Feb 20 report states AT&T directors ordered the usual quarterly dividend of 2.25 dollars on common stock. The distribution totals about 42 million dollars to stockholders.
MENTIONED IN THIS ARTICLE
New York
Ameriecan Telephone and Telegraph Comespany
Rogers Has His Say on the Gold Decision
In Chicago on February 20 a column writer discusses editorials praising the gold ruling. The piece notes partisan hints and mocks political meddling while praising the court as a sturdy pillar for the country and warning Democrats not to repeat monkey business.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
the Aimee Ua Ree
Steel Corporation
Alyce Jane McHenry
Omaha
Neb
Fall River
Shadow OF Axe
T. Louis Serna
Emphis Een Enee
Elena Hee Eennes
Kansas City
Icksburg Tee Eee
Atchet Tee Neees Or
Fallton Rouge A0
Ouachita— Amden
Eet Tenes
Onree Ae Ee Rete
Ohio— Beeeeettsburgh
Incinnati Ee Eree
Airo Na Ihe Ac Er Aioli Ee
Tennessee— Ttanooga
Cumberland
Nashville
Arkansas
Ort Smith
the Rock
Red— Hreveport A Hees Ae
Eeoace
Pennsylvania
Lynden
Ont
Naval Secretary
H. Warner Fur Company
Decatur Street
Porterie
U.S. Congress
Rogers
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