U S Budget Message Forecasts Billion Dollar Deficit
President Roosevelt told Congress that the next fiscal year would run a deficit exceeding one billion dollars, with no balanced-budget pledge. He withheld a complete estimate, listed 6.75 billion as initial outlays, and projected a end-year debt near 31.35 billion. He shifted federal works and relief programs into regular operating costs.
MENTIONED IN THIS ARTICLE
Francis SM. Stephenson
Associated Press
Washington
Treasury
Congress
Roosevelt
Senate
House
Civilian Conservation Corps
Fear Baby Drowned by Woman with Mental Illness
New York police and psychiatrists pursued leads in the disappearance and possible drowning of six month old Jacob Horowitz. Gussie Friedman, 45, a woman with a history of asylum confinement, was detained after allegedly pushing a child toward the icy East River. Authorities questioned whether the child was her victim or the Horowitz infant lost in front of his Lower East Side home. Four hundred searchers scoured cellars and flats while detectives and river crews hunted the waterway. A witness, Louis Schnier, led to Friedman’s detention after he reported seeing his son with the suspect shortly before the incident.
MENTIONED IN THIS ARTICLE
New York
Jacob Horowitz
Gussie Friedman
East River
Max Horowitz
Lower East Side
Honus Bill Moves Along In Committee
Washington based report notes Chairman Doughton of the Ways and Means Committee says the bonus bill may be approved this afternoon after an hour and a half of closed door discussion. Speaker Burns pledges cooperation with the committee to expedite the measure.
MENTIONED IN THIS ARTICLE
Honus
Washington
Doughton
North Carolina
House
Ways and Means Committee
Burns
Hoover Attacks Roosevelt as Fear Tactics Headline
Hoover rightfully denounces the Roosevelt relief program, calling it a stupendous mess and accusing the administration of using fear to coerce the public. He warns that new government powers risk shifting control from laws to personal authority, urging continued scrutiny of New Deal policies.
MENTIONED IN THIS ARTICLE
Utah
Herbert Hoover
Roosevelt
Congress
New York
Hoover
Lincoln
Neb
Jesse H. Jones
Reconstruction Finance Corporation
Sicial
United States
French Arms Diverted to Italy Plot Rumor
Prices mixed after the Supreme Court voided the AAA ruling. Early gains in wheat and cotton faded as selling followed, with sugar futures down and food stocks rallying in the New York Stock Exchange. Hog prices rose sharply in Chicago on the swine tax impact, while overall market trends remained unsettled.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
Associated Press
New York
Supreme Court
AAA
New York Stock Exchange
Chicago
Stock Exchange
Lanny Howard Proves To Be Green Bay Boy
New London Wisconsin reports Lanny Howard identified as Eugene Holland son of Mr and Mrs Robert Hand of Green Bay died Friday after drinking wood alcohol and going blind that day. Parents learned of death and identified body at Kircher Fehrman funeral home before arranged funeral in Green Bay Wednesday
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New London
Wis
Lanny Howard
Los Angeles
Cali
Eugene Holland
Jar
Robert Ih
Hand
Green Bay
Howard
Kircher Fehrman
B O'Clotk
Shheuer-Schumacher
Edward Wolfroth
Wadhams
Jack Jeffers
Arthur Grovender
Grovender
Cook and
Oshkosh
War fears mount as rifles diverted to Italy amid Ethiopian bombing
Reports describe a plot to move 3,000 army rifles and machine guns to Italy while Italian warplanes bomb Ethi opia. A missing arms carload reached a French port and could have been loaded aboard a ship. British officials assess the Roosevelt speech and Ethiopian war developments as Britain strengthens its African posture with troop movements and renewed air attacks.
MENTIONED IN THIS ARTICLE
Associated Press
France
Italy
Ethiopia
Red Cross
Foreign Office
Addis Ababa
Mussolini
League of Nations
Guamar Lundstrom
Murse
Lpr
Mylander
Wag
Daggah Bar
Great Britain
Mediterranean
Britain
Wisconsin dairy state weighs AAA ruling impact
About 51,800 Wisconsin farmers shared 13 million dollars in AAA benefits. State Agriculture Commissioner Hill said the ruling that the AAA is unconstitutional may help the state overall, noting Wisconsin's dairy focus lessens reliance on AAA. Professor Hatch agreed dairy accounts for half of Wisconsin agricultural income and warned effects depend on future market trends.
MENTIONED IN THIS ARTICLE
Madison
Wisconsin
United States Supreme Court
Charles Hill
State Department of Agriculture and Markets
Hill
WATCH
K. L. Hatch
Wisconsin College of Agriculture
AAA
Hatch
Vigilantes organize Oshkosh Vigilance Committee
A group of citizens representing veterans patriotic societies civic and church groups met Sunday to form an Oshkosh Vigilance Committee. Spokesman says the aims include upholding the US Constitution maintaining law and order fostering Americanism probing exploitation and protecting the needy and poor.
MENTIONED IN THIS ARTICLE
Oshkosh
Supreme Court Rules Against AAA Farm Relief Plan
In a 6 to 3 decision the Supreme Court struck down the New Deal farm relief program. Justices Roberts read the majority opinion declaring the act an invasion of states rights and unconstitutional under the general welfare clause. Dissenters were Justices Stone Brandeis and Cardozo. The ruling signals a major political and economic shift and sets the stage for upcoming decisions on TVA and Bankhead cotton act. The administration warned of wide repercussions as the court adjourned amid tense atmosphere.
MENTIONED IN THIS ARTICLE
James W. Douthat
Associated Press
Washington
AAA
NRA
Supreme Court
Roberts
Aristices Stone
Brandeis
Cardozo
TVA
Bankhea
Budget Message Highlights Washington 4 Percent Figures
Budget notes from President Roosevelt's 1927 message discuss deficits, tax shifts, and spending cuts aimed at reducing the gap. It cites revenue growth from old tax structures, partial revenue from new schedules, and an improving credit stance as business optimism grows. The piece also covers legal challenges to farm subsidies and political talk on constitutional change, with no White House comment yet.
MENTIONED IN THIS ARTICLE
Roosevelt
Morgenthau
Daniel Bell
Ciregtor
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High Court
U. S
Justice Butler
Justice Roberts
Justice McReynolds
Mr. Justice van Devanter
Hughes Brandeis
Justice Sutherland
Justice Stone
Louis Schnier
Miss. Friedman
Green Bay Boy
Capitol
McNary
Shus
Weecun
Lattote
Theourt
Stone
Mo Oen
Cher Seme
White House