Texas Field Fares NE Regulation Sparks Texas Oil Debate
Austin May 1 The return of Governor Ferguson to the Texas Legislature triggers a new oil regulation dispute. A proposed conservation commission is urged to curb the railroad commission, after a 750000 barrel allowable was set, an increase amid price volatility. Major producers and independents react with price shifts and a brief pro ration movement. The governor accuses the commission of ill advised action and calls for price restoration and tighter control.
MENTIONED IN THIS ARTICLE
Austin
Genp
Legislatio
Wes
East Texas
Gulf
Hambie
Miriam A. Ferguson
Ross & Sterling
Commission
Texas
Ue Pro-Raton
X Montas
Thonths
Pound Gains In Battle With Dollar In Paris
Paris May 7 The battle between the American dollar and the British pound keeps the value down in Paris and seems to favor the pound. Operators who expected the pound to weaken now see it strengthening as American residents and tourists face a 15 percent reduction in income. Many are returning home unable to hold out longer.
MENTIONED IN THIS ARTICLE
Paris
France
Perkins Pushes Bill for National Employment Exchanges
Pi Miss Frances Perkins, labor secretary, urged the Senate labor committee to pass the Wagner bill establishing a national employment exchange system with federal aid. She argued current federal offices harm state cooperation and warned against duplication, stressing a central system to guide job seekers to suitable work.
MENTIONED IN THIS ARTICLE
Washington, D. C
Frances Perkins
Senate
Wagner
New York
Hoover
United States Employment Service
Labor Department
Miss Perkins
Budget Nearly Balanced Under Roosevelt Plan
Washington reports that President Roosevelt and Budget Director Lewis Douglas have brought next year's government budget within 120 million dollars of balance. Officials say the president relies on a hard bailment basis, assuming tax revenue will not exceed this year’s intake.
MENTIONED IN THIS ARTICLE
Washington D. C
Roosevelt
Lewis Douglas
Special farm loans to avert foreclosures eyed in mortgage bill
Washington May 3 The Roosevelt farm program moves to aid debt burdened farmers facing home loss with a new provision for quick loans. Funds from the Reconstruction Finance Corp will back up to 75 percent of property value, with caps of 5000 dollars and six percent interest, no principal due for three years. The plan aims to prevent foreclosures and allow redemption of foreclosed farms since July 1931.
MENTIONED IN THIS ARTICLE
Washington, D. C
Roosevelt
Henry Morgenthau
Federal Land Bank
K. F.C
Reconstruction Finance Corporation
Senate
House
Refinancing Plan Aims to Buy Farm Mortgages
The plan allows purchases of existing first mortgages up to 50 percent of the appraised land value and 20 percent of permanent improvements. If a creditor’s claim exceeds appraisal, they must scale down and cannot take a junior lien for the difference. Refinancing must occur within two years and extends the 4.12 percent interest sale to farmers with federal land bank mortgages. The land banks hold over 31 billion dollars in mortgages, about 12 percent of the national total.
Bullis Tree Army Doubled at Camp Bulls
The Civilian Conservation Corps camp at Camp Bulls more than doubled its strength from 160 to 308 recruits by Wednesday morning. The influx includes 29 from Houston, 16 from Fort Arthur, and 22 from Beaumont. The corps will operate under civilian supervision, with eight-hour days five days a week, and strict discipline to avoid dismissal for violations.
MENTIONED IN THIS ARTICLE
Tres
Camp Bulls
Lencon
Civilian Conservation Corps
Houston
Fort Arthur
Beaumont
Tree Army
Eighth Corps
The
Conservation Corps
Officials inspect Palo Duro Canyon for park plans
AMARILLO May 5 UP I State park officials and engineers were guided through Palo Duro canyon today. Delegations from Amarillo and nearby cities studied potential sites for a proposed scenic highway and related development as part of state park planning efforts.
MENTIONED IN THIS ARTICLE
Palo Duro Canyon
Amarillo
UPI
Staterpark
Amariillo
Two Treated for Affray Injuries in city brawl
Leroy Prince, 40, of 1723 Dewson Street, and William Garrett, 31, of 307 Speed Street, were treated at Robert B. Green Hospital Wednesday for injuries received in a free-for-all fight, police reported.
MENTIONED IN THIS ARTICLE
Leroy Prince
Dewson Street
Wiliam Garrett
Speed Street
Robert B. Green Hospital
New Trial to Be Asked for Farmer
McAllen May 1 Judge Byrte Ferguson in Winity second District Court of Hidalgo county next Saturday will hear emotion for a new trial for J Frank Hogan Mercedes derryman convicted of the murder of his wife and assessed the death penalty. PLAN PIONEERS MEET SAN MARCOS May 2 Officers of the Hays County Pioneers association will meet soon to plan the annual reunion. Sam HR Kane of San Marcos is president of the association.
MENTIONED IN THIS ARTICLE
Plan Pioneers
San Marcos
Hays County Pioneers Association
Sam HR. Kane
Fragmented OCR Aid Offers Mysterious Scam Cure
A garbled text fragment touts a supposed cream or treatment. It claims fast itch relief and guarantees, using odd names and pseudo medical terms. The passage appears as damaged marketing copy with nonsensical phrases and no verifiable details.
Campaigner Honored by Pope in Vatican
Vatican reports Monaignor Quinn, creator of the Society for Propagation of the Malth in the United States, was received by Pope Pius XI who congratulated him on subscriptions and results amid world crisis. The mission chief honored refers to Rev. Father O'Reilly, secretary for the Catholic Near East Welfare association, led by Cardinal Hayes of New York.
MENTIONED IN THIS ARTICLE
Vatican City
Monaignor
Quinn
Society For Propagation of the Malthi
United States
Fius XI
Vatican
Pius XI
Father O'Reilly
Cardinal Hayes
New York
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