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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 30, 1933
Page
3
Muscatine Journal details publication history and pricing terms for subscriptions. It lists editors, publishers, and affiliations with the Associated Press and Lee Newspaper Syndicate.
The manual notes two PBX extensions, 26 and 27. When the operator answers, request the specific person or department desired to route the call.
The Senate Banking Committee investigated Kahn Loeb and Company the second major New York private bank facing probe. Otto H Kahn said year end stock sales to family members to create tax losses are an old American custom. He named Charles E Mitchell and J P Morgan partners on the list of those who engaged in such sales.
Primo Carnera claims the heavyweight crown after a controversial sixth round knockout of Max Schmeling. The bout sparks debate over betting odds and alleged fight fixing amid Carnera’s display of overwhelming size and power.
The text asserts that revelations provide ironclad protection for investors in the future. It warns that without this protection, the number of trusting citizens is likely to dwindle to negligible proportions.
A survey of looming currency tensions and potential gold market maneuvers in the United States and Europe. French Britain and American finance clash over gold standards, inflation prospects, and policy moves as leaders weigh risks of a dollar flight and a new exchange regime.
A column by Paul Mallon discusses hurdles to a bank guarantee plan set for Jan 1, with opposition from stronger banks and rural lenders. It notes possible Treasury sidestepping, and hints a special session on war debt may occur if settlements lag.
New York dispatch notes Prof Raymond Moley will urge direct European cooperation with the Roosevelt recovery program. He plans proposals for universal shorter work weeks and a 15 percent currency devaluation, aiming to keep the United States from bearing full responsibility for world-wide issues. Moley is expected to depart for Europe soon, possibly within ten days.
J P Morgan says he has good advice and testifies before a senate committee. Justice Frank E Johnson criticizes the bar for lacking gentlemen and notes many should be plumbers or paper hangers instead of lawyers.
S Weaver of Muscatine was named master workman of Muscatine Lodge No. 10 A O U W succeeding J H Selden. Jacob Burnside and wife of Sweetland were seriously injured when their buggy overturned east of Muscatine. The Journal notes the ten year ago item on the gas rate settlement text and the Dempsey Gibbons bout planned for Shelby Montana on the Fourth of July. W O Harris of Muscatine was appointed bailiff of the district court by Sheriff R J Wiley.
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