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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 15, 1933
Page
11
Arthur Brisbane describes beer legislation and budget tricks as banks reopen and the stock market shows strength. He critiques tax policy, US restraint in Far East matters, and calls for cautious bank growth while European tensions rise and the dollar remains strong.
Washington March 15. The house beer bill advances with a wine amendment legalizing 3.2 percent alcohol content. The measure passed 218 to 87 and moves to the senate for debate, aiming for White House passage by week’s end. The proposal would tax barrels and require licenses, with state by state adoption depending on existing laws.
The nation’s banks resume operation as Roosevelt’s plan advances, with 90 percent of member banks in the 11th Federal Reserve district open. The New York Stock Exchange reopens and deposits exceed withdrawals, signaling an end to the banking crisis as checks clear nationwide and foreign markets steady.
Markets reopened for unrestricted business and led a fresh rally. Leading issues such as United States Steel American Telephone and General Motors rose 12 to 1 above prior closes while bonds and key commodities showed mixed gains and gains in sugar silver and wheat buoyed optimism.
Paris reports former premier Herriot warns France it is in its essential interest to pay the overdue three month debt to the United States promptly. He cites changed Central Europe conditions as a factor urging timely settlement.
In Michigan on March 15, an elderly man aged about 86 named Peter Teter reportedly ends his fast after authorities intervene. He says he is weary of living and has refused to eat, with officials involved in the case.
General forecast for Wednesday night and Thursday calls for a low around 48 degrees and a high near 70 degrees. Light to moderate northerly winds. Tuesday high 85, Wednesday morning 43, Wednesday high about 70. Generally fair Wednesday night and Thursday, warmer in the north and west portions. Warm to hot coastal areas with lighter northerly winds.
A Tennessee and Kentucky border tornado swept from the Mississippi to the Cumberland mountains, killing at least 36 to 46 and injuring over 200. towns from Nashville to Kingsport and Rogersville suffered severe destruction as fires and power outages compounded the disaster. Rescue crews labored as communications faltered and authorities prepared to assess full damage.
K Quin former city attorney and Lamar Seeligsnn former district attorney were viewed as strongest politically in the matter.
In Guadalajara Mexico reports raise the theater panic casualty to 49 dead and 125 injured but authorities say no fire occurred and assess possible electrocution from a balcony wire as the cause. A person with a heart condition may have died from the shock.
City officials weigh an acting mayor within 80 days after C M Chambers term ends. Quin and Seeligson emerge as leading contenders amid business pressure and inquiries into Anderson as a potential successor. Street Commissioner Bleffitt refuses to assume office, while Chambers widow’s stance remains uncertain.
Debtor's cell case centers on a 15 year old William Weber tied to a debt case in Chicago. Judge J G Van Keuren laments debtor laws and calls for amendment. Weber, youngest prisoner, was ordered to pay a judgment to Luelle Salihay after an auto crash. Appeal mentioned as possible.
Weatherman J H Jarbor forecasts fair skies in San Antonio as spring approaches. Temperatures will range from a chilly 48 in the morning to about 62 in the afternoon on Wednesday, then 7? and 62 on Thursday with longer daylight lasting beyond night. Sunrise at 6 42 am and sunset at 6 pm.
Washington March 15 Roosevelt appointed Hutch S. Cane of Florida Gatewood S. Lincoln of California and David W. Todd of New York to the shipping board Cane already its member was given a three year term Lincoln was named for two and Todd for one term All terms date from immediate appointment and run through 1930
CHICAGO March 1. An Alderman Frank Z. Corr a 50 year old council member was chosen to serve as mayor pro tempore after the death of Anton J. Cermak. Corr pledged to uphold the policies of the martyred former mayor as he takes the helm of city government.
Washington March 15 The end of the banking crisis and reopening of thousands of small banks has created a tense national mood as Franklin D Roosevelt towers over the process. He has pushed through unprecedented legislation in 16 days, becoming a dominant force in shaping government policy while Congress supplies votes. The strain on the new president is evident with little sleep and nonstop calls as 10,000 telegrams flood White House offices.
Fragmented OCR snippet hints at a property or occupancy notice with mixed place names and numbers. Readable elements mention occupancy readiness, a property or building context, and undefined administrative references. The readable text is garbled and lacks a coherent event or date.
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