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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 17, 1930
Page
9
In a discussion on tariff policy the idea to grant the tariff commission power to recommend rates for the president’s approval is examined. The note argues this would depoliticize tariffs and prevent another congressional revision, with historical context of political fights and duty changes under Coolidge.
A fragmentary dispatch discusses tariffs and Europe as buyers, noting fear of reduced demand and the need to set right prices for copper cotton lumber automobiles and meat. It mentions Uncle Sam collecting income tax totaling about 105000000 and a government intake near 500000000 yesterday with expectations of a large surplus.
Merchants race to American harbors to withdraw cargoes before new tariff duties take effect. Customs officers confiscate goods in warehouses as withdrawals top twenty million dollars since last Saturday. Ships including Western Land and Minnelonkia arrive to beat the tariff while importers fear cargo diverts if manifests miss old-law deadlines.
Cotton has fallen to about 13 cents a pound, down from 10 cents last year and 21 cents two years ago. Wheat dips to around 1 1/2 dollars a bushel, contrasted with $1.20 a year ago and $4.80 two years ago. The stock market crash last autumn is cited as highlighting the fragile state of commodities.
London market traders faced a dull session with little buying interest as Wall Street sagged yesterday. Favorites largely declined with Brazilian issues down about four points, while nickel and other metals dropped over two points. Wheat opened modestly higher on firmer foreign demand, with July futures around 96 to 97 cents and September near $1.00, supported by overseas strength. Corn and oats rose slightly at the open, with rye up about a penny, as futures penciled in firmer prices amid cautious optimism.
The nation watches New Jersey today as Republicans nominate for U S senator. An ambassador, a former senator, and a congressman vie for the nomination. Polls are open from 8 a.m. until 6 p.m. Eastern Standard.
A blind man from Minnesota and his guide win an Aix like fight for birth mates if feasible. They travel on 41 railroads using a single fare rather than two, marking a notable advance for accessibility and travel rights.
Ambassadors Morrow and Frelinghuysen headline a crowded Republican primary as prohibition dominates the debate. Morrow seeks the six year term starting 1931 and the unexpired Edge seat with Frelinghuysen backing fedral reform. Hoover offers no official preference amid party divisions and a tight fight shapes up for the long and short term seats alongside several congressional contests.
In Kendall County the state prepares to try Ernest Young and Momer Edwards, inmates from the State hospital, on murder charges connected to an April incident. A special grand jury convened. district attorney Woody C Barher indicates a sanity hearing will occur in the week before the trial. The men face multiple felonies. indictments and insanity dismissals shape their case. The murder trial would proceed soon after the sanity ruling if the state proves the men sane.
Early returns from Minnesota show Thomas D. Schall leading for renomination on the Republican ticket with 26 068 votes to Theodore Christianson 18 014 as 313 precincts report. In Portland Oregon Wallace H White Jr leads GOP Senate race with 2107 votes as 70 of 632 precincts report. Central committee to name Oregon governor candidate after George W Joseph’s sudden death.
San Antonio members of Quiet Birdmen gathered Tuesday at the Pigea hotel to plan hospitality for visiting members during the Randolph Field dedication. The group, formed in New York in 1921, requires no flying skill beyond quiet conduct. Local unit counted 30 or more members among airmen and civilian fliers.
Samuel W. Mansfield and J. Hy Flood were arrested after a collision at Van Nesg and Pine streets. Each claimed to have entered first and blamed the other. Testimony suggested Mansfield sped through the intersection while Flood ignored a number of facts. Judge A. D. Matlock fined both $5.
A brief note presents options to invest a few hundred dollars in a personal business. It mentions a light classification and access to inlay services, suggesting opportunities with modest capital and practical entry steps for a new enterprise.
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