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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 15, 1933
Page
13
June 16 London report quotes Prime Minister Bennett urging world economic conference to curb wheat production through international agreements. He notes prices for primary products fall below general levels and warns of a 950 million bushel carryover needing coordinated reductions to restore markets.
An old advertisement promotes Carter's Little Liver Pills claiming they awaken the liver bile and cleanse the bowels without calomel. It asserts digestion improves, breath clears, and the body feels buoyant. It warns against substitutes and directs readers to buy the genuine red-labeled bottle.
An advertisement promises a quick fat loss method using Kruschen Salts. It claims weight loss of about 15 pounds in four weeks with daily use, plus improved energy and clear skin. The text urges readers to measure progress, take one teaspoonful in hot water, and cut fatty foods, butter, and cream, while noting many testimonials and nationwide availability.
In Washington June 1 officials rejected a London Daily Mail claim that American monetary experts led by Montagu Norman were steering a pound stabilization move from 4.30 to near parity. They stressed the commission lacks plenary power to fix rates and that the Roosevelt administration would peg the pound well above 4.0 while retaining leverage to avoid any disadvantageous agreement.
The text argues that tariff increases by Wheat importing countries worsen demand and hold prices down. It urges expanding demand in consuming nations while producing countries curb supply to reach a new equilibrium faster and with less disruption. Bennett notes Canada backs a tariff truce but seeks a formal reduction plan soon.
Nashville dispatch reports the Southern Baptist convention executive committee launching a five year plan to retire its debt. The Hundred Thousand club is formed with members donating ten dollars weekly. Dr. Frank Tripp of First Baptist Church St. Joseph Missouri is elected to lead and will base operations in St. Joseph while on leave of absence. A southwest promotion organization backs the drive.
An old ad promises speedy bunion relief with Moone's Emerald Oil and Soft Coins. It claims three applications shrink inflammation and soreness, with a money back guarantee if not effective. The copy touts camphor and essential oils as a miracle remedy popular in stores.
New York June 15 eyes of the world on the London economic conference. The dollar has fallen to about 40 percent of its gold value, the lowest in 63 years, as currencies move in a complex web of political and economic forces. Some bankers favor an international stabilization pact between England and the United States with France to restore trade relations, while others prefer an equalization fund to limit volatility until currencies align.
The Roosevelt administration rejects any discussion of interwar debts with London allies. Washington says Congress must decide and the United States will not alter funding terms or link debts to world trade, urging no debt talks at the conference.
Constable H. Prinz of precinct No 8 resigned to the county commissioners court on Thursday. He requested Clinton D. Jones be appointed in his place. A petition signed by precinct residents including the Shadowland area and popular night club supported the appointment. No opposition was noted, and Jones was expected to be appointed.
Work has started on State Highway No. 7 between Bastrop and Alomo Creek under expert supervision. This the only stretch between Austin and Smithville left to improve. An expert explains why when and how punishment should be given to a young offender in The American Weekly magazine distributed with the San Antonio Light.
London June 15 Alberto Paul head of the Mexican delegation urged rehabilitation of silver and price stabilization before the world economic conference. He said silver interests, silver stockholders, and gold standard countries all need silver rehabilitation for international trade. U S delegates Hull McReynolds Morrison Pittman listened as the Mexican envoy spoke, with Pittman closely following the remarks.
A brief summary of debtor nations obligations totaling 144 million dollars. Great Britain pays 10 million in silver. France defense defauls. Italy and Belgium make partial installments. Poland and Finland show mixed payments. Czechoslovakia and Romania part pay. smaller amounts due from Estonia Hungary Latvia Lithuania Yugoslavia with varied outcomes and partial payments.
The Soviet representative proposed the first definite resolution at the World Economic Conference urging withdrawal of all discriminatory embargoes and boycotts. The measure, handed to Prime Minister MacDonald, could affect British and Russian embargoes tied to the April conviction of five British electrical engineers in Mostow for sabotage and bribery. It hints at actions against China’s boycott of Japan if adopted, though no immediate move was requested.
London reports the next move in the Anglo American war debt talks will be forming a debt mission to Washington. No personnel or leader has been chosen. Britain believes current negotiations can continue through Ambassador Sir Ronald Lindsay. Informal talks may arise in the world economic conference.
London reports indicate British and American observers expect stabilization of the dollar and pound during the world economic conference. A near 4.05 dollars per pound is cited as the agreed starting point. Officials aim to curb exchange speculation and gradually adjust rates without reinstating the gold standard.
Society items record Helen Hartgrove and Ely Jones of San Angelo returning home after visiting Miss Augustin Maverick. Miss Marietta Kleberg of Kingsville stayed with Mrs. George West through Sunday. Lessie Wooldridge left for Mercy City to attend university and the Carlos Arts academy. The passage also mentions general references to trade and countries with no clear local event.
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