30 Nov 1939
Page 1
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Newspaper
Renwick Times
Location
Renwick, Iowa, United States of America
Date
Nov 30, 1939
Page
1
Weekly analysis notes early campaigning as Congress nears reconvening on January 3 with Republicans staging stump campaigns and Democrats awaiting Roosevelt. The piece cites Dewey and other hopefuls planning speeches, plusRoosevelt’s media interactions as campaigns gear up amid wartime neutrality shifts.
The piece notes a growing clash between spenders and savers as Congress plans for the next fiscal year. Federal Reserve Chair Eccles urges tax increases, while Treasury undersecretary Hanes distances the administration from Eccles. Observers expect Treasury to resist deficits, with the budget bureau delaying its usual revised estimates amid foreign disruptions.
Secretary Harry Hopkins announced autumn foreign trade figures showing exports to the United Kingdom and several Europe nations fell, while Latin America rose 28 percent in October to 47 million dollars. The trade pact with Venezuela starts December 16 and Germany’s control over Central Europe raised questions about tariff policy and Mexico’s oil expropriation. Debates over Latin American expansion roiled by Fred Brenckmar, with farm and industry critics warning of higher Argentine imports. Also reports of tanker sabotage in Bayonne, capone’s comments in Baltimore, Rubens’ Soviet citizen case in Miami, and GM anti trust appeal in South Bend.
Owen D Young and Gerard Swope, GE’s top executives, announce retirement effective January 1 to bring in younger leadership. Mussolini says Italy seeks the final word for peacetime Europe. Wang Ching-wei resists Tokyo plans to install a puppet government in China, delaying its creation. Dr James Monroe Smith, former LSU president and convict, attempts suicide in prison with a razor blade.
Washington ponders how war supply needs will explode spending and strain the budget as Roosevelt weighs arms programs and Panama flags. Garner’s strength grows as he builds influence with Democrats and guides key fights, raising the prospect of a strong candidacy for the Democratic nomination.
Cats and pups are the best of friends in this collection of cuddle toys made from scraps of material. Pattern 2991 includes four toy patterns and directions for materials required. Send 15 cents to The Sewing Circle Needlecoat Dept. 82 Eighth Ave New York NY.
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