23 Jun 1933
Page 1
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This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
Oelwein Daily Register
Location
Oelwein, Iowa, United States of America
Date
Jun 23, 1933
Page
1
The piece argues McManus contends no law violation and no intent to defraud while noting Capone’s penitentiary sentence for conspiracy to defraud the government in income tax returns. It condemns biased law framing by men in the employ of the powerful and calls for congressional reform to curb discrimination and prevent socialist or anarchist growth.
Snippets show proposed second class mail rate per year at one Iowa post office and carrier charges per month. Names of press associations, national advertisers and agencies are listed, including Tenney Corporation and Chrysler Building addresses.
Comment rebutts a Lake to Gulf waterway plan funded by government, arguing rail and road users fund and maintain roads unfairly. It criticizes subsidies aiding barge lines, questions tax parity, and warns trucks and buses monopolize highways, urging fair competition across rail, road, and water transport.
The Bremer county board of supervisors plans to build cottages at the county farm to assist families unable to pay rent. The idea, though costly at first, is endorsed by the Swenner Gazette as an efficient, economical relief measure that may reduce long term poor fund needs. Local taxpayers may oppose the initial outlay, but supporters say the plan should be tested over time.
A scanned letter claimed to be from Abraham Lincoln to Col Dick Taylor in December 1864 praising the creation of greenbacks. The piece questions President Roosevelt's plans and discusses the idea of paying debts with paper currency, noting greenbacks’ wartime use and their removal from circulation after the war.
NY banker Charles E. Mitchell was found not guilty of violating income tax laws. The ruling suggests gaps in the law for cases like his, where capital losses were offset across years. Mitchell’s stock maneuvers raised questions as a wealthy figure paid little tax while ordinary earners paid more.
Hogs total 26,000 with 15,000 direct trading slow to mostly steady. Sows 10 lower, hog prices chiefly 4.40 to 4.60 top, varied weights 3.85 to 4.75. Cattle and calves steady, steers 4.75 to 7.25 per cwt, yearlings around 6.00, cows 2.25 to 4.00, vealers 4.75 to 6.00. Sheep 7,000, native lambs and ewes firm, slaughter lambs 7.25 to 8.00, range of weights. Trade expected liberal receipts next week amid dry weather.
The report notes modest gains in receipts with weather drawing attention and a expected liberal run in some grades. Prices show mixed movement across cities including Chicago Pittsburgh East Buffalo and Cleveland with totals around 9 405 and 16 400 for sheep and cattle combined. Lamb prices remained firm in places while lighter runs moved at steady to slightly higher levels.
Des Moines reports 28,600 hogs received across 265 yards and 7 packing plants for the 24 hours to A M today, up from last week and last year. Prices mixed by weight, with good to choice hogs 190 to 280 pounds at 4.00 to 4.25, lighter weights 3.40 to 4.15, and heavier classes 2.95 to 4.25 for 200 to 250 pounds and 3.90 to 4.25 for 250 to 290 pounds. Packing sows 3.10 to 3.70 for 275 to 350 pounds, rising with weight.
Early grain review notes wheat and corn as the lead movers with prices drifting lower at the opening. Liverpool weakness and better Canadian weather weigh on futures while oats show mixed movement and rye and barley rise modestly. Corn remains pressured by favorable weather forecasts and scatter rains in Iowa with steady to lower cash prices and notable daily receipts. Provisions hover near steady as traders watch weather and stock strength.
Chicago Market notes a steady to firm tone across staples. Receipts tallied 17 063 cases with various firsts and dirties listed, while Bitter Market shows higher prices on specials and extras. Poultry and dairy prices are provided alongside potato and fruit figures, followed by New York and national price movements and a closing stock list.
United Press reports stocks rallying in the final hour for gains from 1 to over 6 points while bonds advance and U S government issues ease. Commodities move varied with wheat up over 2 cents and cotton futures rising. copper and silver edge higher amid a cautious opening after jolting reports on France abandoning the gold standard.
Stock indices rose in the final hour with heavy turnover. The market recovered earlier losses, reversing yesterday's decline and adding gains over two days prior. Volume picked up as prices climbed, though early trading was volatile and mixed.
Burlington Ia June 23. The Burlington Hawk-Eye and Gazette end a long dispute by merging through majority stock purchase by Omer v Custer of Galesburg IL. The new Burlington Hawk Eye Gazette names J Tracy Garrett editor and Thomas Green managing editor.
Washington reports more than 495,000 workers returning to jobs in May. The American Federation of Labor notes unemployment has declined by 1,206,000 since March 1, signaling potential upturn. The federation adds that the foundation for an uptrend may be forming.
In a rural Meerut district 55 000 sheep yield 51 000 ponds of wool for blanket weaving. Caste shapes work as Gidielas or Wind shepherds tend flocks while Mohammedan kumadas assist in blanket manufacture. During boom times ja linhs aided by weaving, though otherwise tied to cotton or silk trades.
The United States began with public accessibility in 1750 as homeowners formed early public shelves and cases. Stephen Hopkins is noted for founding the library and broader public lending habits started to take shape amid this era.
Rhode Island, one of the original thirteen states, has never had representation in a U.S. Presidential cabinet. The note reflects ongoing questions about regional voice in executive appointments and the balance of national leadership across states.
The plan scales farmer debt to pre crisis levels and replaces it with government bonds. Land banks can issue up to 2 billion in bonds at four percent, exchanged for existing mortgages or used for new loans. Mortgage holders may swap for bonds up to 60 percent of land value and 20 percent of improvements. New long term loans refinance, with farmers applying through land banks. Morgenthau funds offer 200 million in district loans for refinancing, working capital, or redeeming foreclosures, up to 5,000 per farmer and 75 percent farm value cap.
The Royal Union Life Insurance Co. stands accused of mismanaging expenditures for attorney fees amid a dispute with state insurance authorities. Federal Judge Dewey was told of the petition filed late yesterday as officials warned continued operation could endanger the public and policyholders. Assistant Attorney General Safan Ryan will prosecute for the state, with the company represented by W. Havner, former attorney general.
Delegates to the M E Conference in Dubuque Iowa heard Bishop F D Leete, Rev R F Lockridge, Bishop Ralph McGee, and Prescent Horace C Smith of Garrett Biblical Institute speak on convention affairs. Reports on denomination finances were presented as the gathering nears its Sunday closing with Bishop Leete delivering the final address.
Webster County Board of Supervisors closes the office of the supervisor of the poor until July 1 reorganization of the county relief system. During the interim only the disabled aged and blind will receive aid. Lack of funds cited as the reason. Orders for all kinds of engraving available at the Odwain Daily Regtater office.
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