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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jan 10, 1933
Page
3
Publication notes the consolidation of the Ag and Muscatine Journal and News-Tribune by Journal Printing Co. Cly. R. Rabeadoux as publisher and D D Mich serving as managing editor. Associated Press rights stated for inside news.
Democratic lawmakers clash with Roosevelt over a budget balancing plan. Conferees favor tax increases while House and Senate rebels seek deep spending cuts to slash federal outlays by about a quarter. Roosevelt provides no firm stance.
The Big Ten committee ruled Edward Break and Ivan Blackmer technically ineligible after a Cedar Rapids amateur team under AAU rules, delaying a final decision. Iowa coach Rollie Williams faced a late night call to bench the players against Michigan, sparking fan ire over the season’s disrupted lineup and unresolved status.
In New York James McMullin reports that two class 1 railroads face receivership unless action is taken. The piece discusses political maneuvering around diplomats Lamont Belin and Grew, and speculates on appointments to France, Italy, and Tokyo. It highlights Insull’s bank crisis, ensuing lawsuits, and a coming battle among major banks with Owen Young a target.
In the wake of President Coolidge’s passing Hoover forces gain clout as Everett Sanders shifts allegiance to the living. Hoover’s camp, now dominant in the party and on the national committee, signals a major reorganization likely to outlast Coolidge’s era. The piece recalls anecdotes about Coolidge and notes rail stock sensitivity to his prestige.
The article notes an official stance claiming Japan had no ambitions in Manchuria and would not expand further as invasions spread to Tsushima and Chinchow. It contrasts with the state department's lack of information and growing misgivings about similar future moves. It also mentions dairy provisions in a farm bill and veterans' appropriations looming in Congress.
AS YOU WERE FIFTY YEARS AGO TODAY Major Pickler announced his Muscatine residence was for sale and he would leave for Dakota soon. J. W. O'Brien began duties as Muscatine constable after filing his bond. Twenty five years ago today the Muscatine basketball team beat Highland Park 41 to 19. A second prayer meeting was held at the McKee and Bliven button factory led by Rev. H. F. Martin. The 33rd A. O. U. W. anniversary was celebrated with Master Workman-elect Fred Beitel among speakers. Ten years ago today R. M. Grant and company of Chicago won a $350,000 municipal electric plant bond issue. Proceedings to condemn railroad property for a $100,000 South Muscatine sewer project began, involving three railroads. The Muscatine Real Estate association adopted a multiple listing system at a Hotel Muscatine banquet, F. W. Eversmeyer named president.
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